Naira Strengthens as CBN Sells Dollars to BDCs at N1,251/$1
In a significant move aimed at stabilizing the currency market, the Central Bank of Nigeria (CBN) has initiated the sale of dollars to Bureau De Change operators (BDCs) at a favorable rate of N1,251 per dollar. Each BDC has been allocated $10,000 for this purpose, as indicated in a recent circular issued by the CBN. […]
From Prison to Palace: 44-Year-Old Opposition Candidate Diomaye Faye set to become Senegal’s new President after Election Victory
Senegal opposition candidate Bassirou Diomaye Faye, a political newcomer popular among the country’s youth, is set to be declared the next president after his main rival called him on Monday to concede defeat. Provisional results showed Faye leading with about 53.7% of the votes, with his opponent, former Prime Minister Amadou Ba – from the […]
Bobrisky Clinches Best-Dressed Female Title at ‘Beasts of Two Worlds’ Premiere
Nollywood’s glitz and glamour were on full display during the world premiere of “Ajanaku: Beast of Two Worlds” on Sunday, March 25th, 2024. Hosted by actress Eniola Ajao, the star-studded event drew attention at Lagos’ Circle Mall, Lekki. Among the movie’s highlights was the fashion extravaganza, where Bobrisky, a prominent Nigerian transgender figure renowned for […]
Kaduna Governor Clarifies: 137 Schoolchildren Abducted, Not 287, Upon Pupils’ Return
Governor Uba Sani of Kaduna State has clarified that contrary to initial reports, 137 schoolchildren, not 287, were abducted on March 7, 2024, from Kuriga in the Chikun Local Government Area of the state. Governor Sani in a late night media briefing confirmed that all the abducted schoolchildren had been rescued by the military in […]
“My First Project Under Sony Music Was A Failure To Me” – Davido
Multi-award-winning Nigerian superstar, Davido, recently made a guest appearance on The Bridge alongside Real Madrid midfielder, Aurelian Thouameni, Cindy Bruna, and François-Henry Bennahmias. During the show, Davido delved into his early days signing with global record label Sony Music in 2016 and the hurdles he faced in proving himself to those unfamiliar with his success. […]
‘We have taken steps to arrest him’, National Security Adviser confirms escape of Binance Executive from Custody
The Office of the National Security Adviser (ONSA) has confirmed the escape of Nadeem Anjarwalla, the Binance regional manager for Africa. A statement by Zakari Mijinyawa, head of strategic communication at ONSA, said “preliminary investigation shows that Mr Anjarwalla fled Nigeria using a smuggled passport”. “The personnel responsible for the custody of the suspect have […]
‘Mami Water’, ‘Jagun Jagun’, ‘A Tribe Called Judah’ tops in 2024 AMVCA Nomination List
Multichoice Nigeria, the organizers of the popular Africa Magic Viewers’ Choice Awards (AMVCA), has announced the list of nominations for the 10th edition, scheduled to hold on May 11, in Lagos. The AMVCA is an annual award presented by MultiChoice recognising outstanding achievements in television and film. Below are major nominations of the 2024 AMVCA: […]
Shock as Detained Binance Executive Escapes from Custody in Nigeria
In a shocking twist of events, Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria has allegedly escaped from custody, sources familiar with the matter have told Premium Times. Mr Anjarwalla, Binance’s Africa regional manager, and Tigran Gambaryan, who oversees financial crime compliance at the crypto exchange platform, were detained upon their arrival […]