Author: Vincent Osuwo

Godwin Emefiele, former Governor of the Central Bank of Nigeria, is being arraigned in Lagos’ Ikeja State High Court for alleged abuse of office and allocation of billions of dollars. Emefiele and his co-defendant, Henry Isioma Omole, will be arraigned on 26 new counts before Justice Rahman Oshodi this morning. The EFCC accused Emefiele of abusing his office in Lagos between 2022 and 2023 in the accusation ID/23787c/2024, which was filed on April 3, 2024. The commission alleged that the former CBN governor “directed to be done in abuse of the authority of your office, as the Governor, Central Bank…

Nigeria’s foreign exchange reserves have plummeted by around $1.02 billion in just 18 days as the Central Bank of Nigeria (CBN) ramps up efforts to defend the naira. The FX reserves stood at $34.45 billion on March 18, 2024, but by April 3, they had plummeted to $33.50 billion, according to the most recent CBN data. Prior to the present drop, the reserve had been continuously expanding, including a stunning 43-day rise from February 5 to March 18, 2024, during which it increased by $1.28 billion. The CBN attributed the growth to increasing remittance payments from Nigerians overseas and increased…

Nollywood actress Adejumoke Aderounmu has reportedly passed away. The actress, well-known for her role as Esther in Jenifa’s Diary, reportedly died in the early hours of Sunday, April 7, 2024. At the time of filing this report, the cause of the death of the 40-year-old actress has not been revealed. Details later…

The abductors of two Federal University students in Wukari, Taraba State, are seeking a N50 million ransom in exchange for their release. Mrs. Ashu Agbu, the institution’s Head of Information and Protocol Unit, revealed this to journalists over the phone on Sunday. “The abductors revealed that they came for the owner of the eatery and not his staff and will return to get him. “They are demanding a ransom of N50 million to free the two students. Since the incident, security agencies and youths in the area have been combing the surrounding forests and bush paths to apprehend the kidnappers…

President Bola Tinubu has been blamed for the economic hardship and poverty bedeviling the country. In a statement on X on Sunday, an X user identified as Pure Stanley alleged that Tinubu “weaponized poverty” “to enslave” Nigerians with “his wills.” Alleging that the President has “destroyed the economy,” he mentioned that he has pillaged Nigerians into more hardship and poverty. Stanley’s statement reads, “Tinubu is an absolute genius; he knew that ruling most Nigerians would be an easy job to do. “He weaponized poverty and used it against the citizens. “He reduced our purchasing power, widened the tax, and made…

Popular Nigerian influencer Solomon Buchi has berated Nigerian pastors over what he described as teaching “absolute nonsense but with great articulation.” Buchi made the remarks in a statement he shared on his X page on Saturday. While urging people to read the Bible and get a better understanding of the word of God, Buchi mentioned that “if you read the Bible a bit more, you may discover that your best preacher is not faithful to the scriptures.” Despite speaking of being “inspired” by American preacher T.D. Jakes, Buchi stated that “there’s no Nigerian pastor that matches TD Jake’s level of…

Emmanuel Kanu, a Nigerian man, has reportedly gone mad after returning to the country from abroad and has been seen shouting on the street. Emmanuel Kanu suddenly developed a mental disorder following his return to the country. In a now-viral video, shouting, “Oh Lord, you say, when we call on you, you will answer, Oh Lord, I am in a time of need.” The returnee was seen with two travel bags bearing his name as onlookers gathered, watching in sympathy. At the time of filing this report, he could not locate his home.

Operatives of the Nigerian police in Lagos State have apprehended two suspects for possessing a toy gun and resisting arrest.  This was announced in a statement on X on Saturday by SP Benjamin Hundeyin, the Force Public Relations Officer in Lagos State. According to Hundeyin, the operatives on stop-and-search duty by the Agege Railway apprehended Kyari Idris (m), aged 20, and Abubakar Salisu (m), aged 18, in possession of a toy gun hidden under the seat of their motorcycle. “Kyari Idris, aged 20, and Abubakar Salisu, aged 18, were found with a toy pistol under the seat of their motorcycles…

Reno Omokri has condemned, in totality, the statement by Emeka Gift over the arrest of controversial Nigerian cross-dresser Idris Okuneye, aka Bobrisky, by the Economic and Financial Crimes Commission (EFCC).  Gift, in a statement on Saturday, alleged that the EFCC and the federal government are using the arrest of Bobrisky as a decoy to target the Igbos. His statement comes on the heels of the arrest of the cross-dresser by operatives of the EFCC. Reacting to the arrest and arraignment of the cross-dresser, Emeka commented, “They used Bobrisky’s case to target the Igbos. He pleaded guilty, and they sentenced him…

A social media influencer, Emeka Gift, has alleged that the arrest of controversial Nigerian cross-dresser Idris Okuneye, popularly called Bobrisky, is a deliberate decoy to “target the Igbos.” In a statement on Saturday, Gift alleged that the arrest of the cross-dresser was a ploy to “clamp down on” those of the Igbo ethnic extraction. His statement follows the arrest of the cross-dresser by operatives of the Economic and Financial Crimes Commission (EFCC). Chronicle NG reports that the Economic and Financial Crimes Commission (EFCC) arrested and detained the cross-dresser, over abuse of the naira, spraying of naira notes, and currency mutilation.…