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Author: Yetty
President Bola Tinubu reaffirmed his commitment to transforming Nigeria’s infrastructure, food security, and economic stability. The President’s bold vision for the nation’s future comes amid growing concerns over the country’s challenges, including widespread insecurity and economic hardship. On a warm Saturday afternoon in Abuja, the air thick with anticipation, President Tinubu welcomed the Forum of Former Presiding Officers of the National Assembly to the Presidential Villa. The gathering, led by former Senate President Ken Nnamani, brought together 16 distinguished ex-lawmakers from various political backgrounds. As the meeting commenced, President Tinubu wasted no time addressing the pressing issues facing the nation.…
The Central Bank of Nigeria (CBN) has withdrawn its recently published Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025. The move comes just days after the document’s release, following widespread misinterpretation and confusion among stakeholders and media outlets. On a humid Friday afternoon in Abuja, the CBN’s headquarters buzzed with activity as officials scrambled to address the fallout from the policy document’s release. The air was thick with tension as economists, journalists, and financial analysts pored over the implications of this unexpected development. “We’ve temporarily withdrawn the document to minimize the risk of any further misrepresentation,”…
On a bustling Friday afternoon in Calabar, the capital of Cross River State, a historic gathering took place that could reshape the economic landscape of Nigeria’s southeastern region. The Bakassi Deep Seaport project, a long-awaited initiative, received a significant boost as crucial stakeholders formally endorsed their commitment to its realization. Governor Bassey Otu, flanked by representatives from national and international organizations, stood before a packed room of officials, investors, and community leaders. The air was thick with anticipation as the governor prepared to address the assembly. Today marks a turning point for Cross River State,” Governor Otu began, his voice…
Nigerian rail transport sees massive growth in Q2 2024, with passenger numbers up 45.38% and revenue rising 53.14% to ₦1.69 billion
On a sweltering Thursday afternoon in Abuja, the National Bureau of Statistics (NBS) released a report that has sent waves of excitement through Nigeria’s transportation sector. The country’s rail system, long viewed as a sleeping giant, has roared to life with unprecedented growth in both passenger numbers and revenue for the second quarter of 2024. As the sun beat down on the bustling Idu Railway Station, throngs of passengers queued for tickets, their faces a mix of anticipation and relief at avoiding Nigeria’s notoriously congested roads. Among them was Mrs. Adebisi Ogunleye, a frequent traveler between Abuja and Kaduna. This…
PZ Cussons considers selling African subsidiaries due to forex challenges and naira devaluation
PZ Cussons, the multinational consumer goods company, has announced plans to potentially sell its African subsidiaries. This decision comes as a direct response to the severe forex challenges plaguing the Nigerian market, where the naira has seen a staggering 70% devaluation over the past year. On a humid Friday afternoon in Lagos, Nigeria’s bustling commercial capital, the news of PZ Cussons’ potential exit sent ripples through the business community. Outside the company’s Nigerian headquarters, a group of employees gathered, their faces etched with concern as they discussed the implications of this announcement. We’ve been through tough times before, but this…
Fashion entrepreneur Sophia Momodu’s celebratory house reveal has been met with an unexpected public denial from the property’s real estate company. The incident, which unfolded on Friday, September 20, 2024, has ignited a firestorm of controversy and prompted Nollywood actress Sarah Martins to leap to Momodu’s defense. As the sun set over Lagos on that fateful Friday evening, Sophia Momodu, known to many as the mother of Afrobeats superstar Davido’s daughter Imade Adeleke, took to Snapchat to share what appeared to be a joyous milestone in her life. With palpable excitement, Momodu offered her followers a virtual tour of a…
A prominent real estate firm has publicly refuted claims made by Sophia Momodu, mother of Afrobeats star Davido’s daughter, regarding her ownership of a luxurious property. The controversy erupted on Friday, September 20, 2024, following Momodu’s social media showcase of what she presented as her new home. As the sun rose over Lagos on that fateful Friday morning, Sophia Momodu, a well-known fashion entrepreneur, took to Snapchat to share what appeared to be a momentous occasion in her life. With palpable excitement, she offered her followers a virtual tour of a stunning residence, complete with a grand staircase and spacious,…
Big Brother Naija, housemates Ozee and Onyeka find themselves at the center of a swirling controversy. The tension between the two contestants came to a head on Friday, September 20, 2024, during what appeared to be a casual conversation in the house’s dining room. As the sun set on the Big Brother compound, casting long shadows across the manicured lawn, inside the house, a seemingly innocuous conversation was about to ignite a firestorm of drama. At approximately 7:15 PM WAT, Onyeka, seated at the dining table, began to speak about her relationship with fellow housemate Shaun. Shaun feels less loved…
European Commission President Ursula von der Leyen announced a staggering €10 billion ($11 billion) in emergency funds for affected member nations. The pledge comes as the death toll from the catastrophic weather event climbs to 24, with some areas still grappling with rising waters. Standing amid the wreckage in Wroclaw, Poland, von der Leyen addressed reporters, her voice tinged with emotion. “It was for me on the one hand heartbreaking to see the destruction and the devastation through the floods,” she said, surveying the damage. But I must also say it was on the other hand heartwarming to see the…
As the sun rose over Lagos on September 18, 2024, social media platforms across Nigeria erupted in celebration. The cause? The 48th birthday of Innocent Ujah Idibia, better known to millions of fans as 2baba or 2face. But amidst the flood of well-wishes from fans and fellow celebrities, one message stood out – a touching tribute from his wife, Annie Idibia, that has set hearts aflutter and tongues wagging across the nation. In the early hours of the morning, as 2baba’s fans eagerly awaited news of how the music icon would celebrate his special day, Annie Idibia took to Instagram…