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A Lagos-based businessman, Suraj Oyewale, has ignited a wave of excitement with a unique football challenge, and it seems the corporate world is taking notice. Oyewale, in a light-hearted exchange on his X handle (formerly known as Twitter), boasted about his favorite football team, sparking playful banter suggesting his team was made up entirely of electricians and carpenters. Unfazed, Oyewale decided to settle the debate on the pitch, proposing a football match with a team selected from his X followers. This seemingly casual challenge has snowballed into a much bigger event, with the prize money reaching a staggering N5 million. But the…

The Nigerian film industry is in mourning once again following the passing of veteran Nollywood actor, Zulu Adigwe. Mr Adigwe reportedly passed away on Tuesday evening, according to a social media post by movie producer Stanley Nwoko. The cause of death remains unknown at the time of this publication. Adigwe’s illustrious career spanned decades, leaving an indelible mark on Nollywood. He was a household name for many Nigerians, particularly for his role as Mr. B in the long-running sitcom “Basi and Company” during the late 80s and early 90s. His comedic timing and on-screen presence cemented his place as a fan favourite. Beyond his…

The Federal Competition and Consumer Protection Commission (FCCPC) has intensified its investigation into allegations of racial discrimination by a Chinese supermarket located within the China General Chamber of Commerce in Abuja. On Wednesday, FCCPC officials rigorously questioned the supermarket’s owners regarding their policy of reportedly barring Nigerian customers from entering the store. This development comes after a viral video sparked outrage earlier this week. The video, posted by a disgruntled Nigerian resident, showed them being denied entry by security personnel who stated the supermarket was “strictly for Chinese people. Swift Action by FCCPC The FCCPC responded swiftly to the viral video. They immediately shut…

In a major crackdown on international cybercrime, German authorities apprehended eleven individuals believed to be members of a Nigerian mafia group, the Black Axe, on Wednesday. The suspects are accused of orchestrating a large-scale dating scam that targeted victims in Germany. Bavarian police, in a statement released on the same day, revealed that the Black Axe is known for involvement in “multiple areas of criminal activity” internationally. However, their primary focus in Germany appears to have been romance scams and money laundering. “Modern Form of Marriage Fraud” Authorities likened the dating scam to a “modern form of marriage fraud.” The statement details…

Abuja, Nigeria – April 24, 2024 – In a swift response to yesterday’s incident at the Murtala Muhammed Airport, Lagos, where a Dana Air aircraft skidded off the runway, the Minister of Aviation, Senator Festus Keyamo, has directed the Nigerian Civil Aviation Authority (NCAA) to suspend the airline’s operations with immediate effect. This suspension will remain in place pending a comprehensive audit of the airline’s safety standards. The Minister’s directive comes amidst growing concerns about Dana Air’s safety record. While thankfully there were no reports of injuries in yesterday’s incident, it has reignited anxieties following a series of previous occurrences. The NCAA will…

Professor Zacchaeus Adangor, a prominent legal figure and former Attorney-General, has resigned from the state cabinet for the second time in six months. This latest development, coming just days before the crucial national elections, has sent shockwaves through the state’s political landscape and reignited speculation about the depth of the rift between Governor Siminalayi Fubara and his predecessor, Nyesom Wike, now the powerful Minister of the Federal Capital Territory (FCT). A History of Resignation and Redeployment Adangor’s first resignation came in December 2023, citing a “conflict of personal principles” in a tersely worded letter to Governor Fubara. This move was widely…

The Economic and Financial Crimes Commission (EFCC), Nigeria’s leading anti-graft agency, has sent shockwaves through the financial sector with the freezing of over 300 bank accounts linked to suspicious foreign exchange (FX) flows. This unprecedented move, announced on April 23rd, 2024, by EFCC Chairman Ola Olukoyede, signals a renewed focus on tackling financial crimes and safeguarding the integrity of the nation’s foreign exchange market. Unearthing a Bigger Scheme: Beyond Crypto Concerns While the announcement initially linked the frozen accounts to suspicious cryptocurrency trading, Chairman Olukoyede revealed a more concerning discovery. He stated that the EFCC had uncovered a scheme potentially more damaging…

In a move aimed at bolstering the Nigerian foreign exchange market and arresting a slight depreciation of the naira, the Central Bank of Nigeria (CBN) announced the sale of fresh US dollars to Bureau De Change (BDC) operators at a discounted rate of N1,021 per dollar. This intervention, detailed in a circular signed by the Director of Trade and Exchange Department, Hassan Mahmud, marks the second such sale this month and the fourth this year, underlining the CBN’s proactive approach to managing foreign exchange volatility and ensuring the availability of essential foreign exchange for legitimate purposes. Discounted Rate Aims to…

The Lagos Division of the Court of Appeal has reserved judgment on the appeal filed by Nollywood actor Olanrewaju James, popularly known as Baba Ijesha. This comes after the actor challenged his conviction for sexual assault of a minor by a Lagos State High Court in July 2022. Background of the Case: In 2021, Baba Ijesha was accused of sexually assaulting a minor, leading to his arrest and subsequent trial. In July 2022, Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court found him guilty on four out of six counts of sexual assault and sentenced him to…

Arsenal emphatically reaffirmed their title credentials with a resounding 5-0 victory over London rivals Chelsea at the Emirates Stadium on Tuesday night. This dominant performance puts them firmly back in the Premier League title race, piling pressure on current leaders Manchester City and second-placed Liverpool. The Gunners came flying out of the blocks, eager to erase the memory of their recent home defeat to Aston Villa. Their dominance was rewarded inside five minutes when Leandro Trossard, a player Chelsea missed out on in January’s transfer window, smashed home the opener at the near post. Chelsea, further hampered by the pre-match absence of their dangerman…