Author: Citynews

Opay, a leading financial services provider in Nigeria, has reassured its customers regarding the security of their funds amidst the Central Bank of Nigeria’s (CBN) directive to suspend the creation of new accounts. This suspension of new account openings for the mentioned fintechs follows closely on the heels of the Economic and Financial Crimes Commission (EFCC) taking action against 1,146 bank accounts involved in unauthorized forex dealings. In a statement on its X account on Tuesday, the bank said it’s committed to fighting illegal financial activities in the country. It reads: “Opay remains committed to working closely with the Central…

The 2023 presidential candidate of the Labour Party, Mr Peter Obi, has called on President Bola Tinubu to discontinue the Lagos-Calabar coastal highway project to save jobs for Nigerians. Obi said the project is a misplaced priority by the Federal Government adding that jobs would be lost to add to the current unemployment. The Minister of Works, Engr David Umahi, recently said the government is constructing the Lagos-Calabar coastal highway at a total cost of N4 billion per kilometre. This signified that the total project of 700 kilometres will be completed at the cost of N2. 8 trillion. The FG…

Nigerian rapper Oladipupo Oladimeji, popularly known as Oladips, has caused a stir online with his claim that he raps better than iconic rapper Olamide. The controversial statement came during a Q&A session with fans on his X page, where he engaged in discussions about his influences and abilities. When asked about his idol, Oladips mentioned Olamide, one of the most prominent figures in the Nigerian music scene. The remark swiftly seized the attention of netizens, with social media platforms buzzing with reactions to Oladips’ assertion. Opinions were divided, with some commending his confidence while others questioned the validity of comparing…

The Federal Government has declared Wednesday, May 1, as public holiday to mark this year’s Workers’ Day. This declaration was contained in a statement issued Tuesday in Abuja by the Permanent Secretary in the Ministry of Interior, Dr Aishetu Gogo Ndayako on behalf of the minister, Dr Olubunmi Tunji-Ojo. Dr Tunji-Ojo, who made the declaration on behalf of the Federal Government, re-iterated the need for excellence, efficiency and equity in all spheres of labour, re-affirming the President Bola Ahmed Tinubu’s administration’s commitment to fostering a culture of innovation, productivity, and inclusivity in the workplace. He said; “In alignment with this…

Adron Homes’ renowned Business Warfare Challenge, THE ARENA, is set to commence once again, heralding an exciting period of strategic competition and professional growth within the company. Designed as an innovative Business Series, THE ARENA serves as a platform to cultivate and enhance the business acumen of Adron Homes’ esteemed staff, ultimately driving improved performance across the organization. This prestigious event brings together top managers from Adron Homes’ nationwide offices, creating a dynamic battleground where strategic minds collide in pursuit of golden prizes and lifetime rewards. At the heart of THE ARENA are the Lions and the Lord Lion, distinguished…

Seplat Energy Plc posted net loss of $1.9 million in the first quarter of 2024 as a result of large deferred tax, which damaged its earnings performance. According to details from its unaudited results, Seplat’ profit before taxation declined by 19.5% year on year to $69.3 million at the end of the first quarter (Q1) of financial year 2024 compared to $86.1 million posted in the comparable period in 2023. However, primarily due to the significant deferred taxation charge in the period, the company reported a net loss of $1.9 million as opposed to a net profit of $57.5 million…

….says Osu-Apena not our family members Alhaji Abdulkareem Oluwatoyin Bada,the family head of Ojomo-Eyisha family in Ewe-Agbigbo land in Lagos State has come out with unalloyed supports drawn from family members to debunked the claims by the Osu-Apena families of Itire Lagos claiming blood relations with the main Ojomo-Eyisha family clans of Ewe-Agbigbo land in lagos. Accordingly, Alhaji Bada narrated Osu-Apena families were in-laws to us and not entitled to any Chieftaincy tittles or in anywhere bloodly related to the family. Osu-Apena came with his twins Sister Aina Eesu who got married to Akinsete Aboki Bada in Ewe-Agbigbo land, the…

In the latest turn of events, tensions have escalated between Nigerian music icons Wizkid and Davido, sparking a heated exchange on social media. It all started when Wizkid on Monday uploaded a diss video of Davido in what appeared to be a subtle mock at the 30BG boss. This post stirred a flurry of reactions from fans of both singers, including spats from other singers like Kizz Daniel and Tekno who went at each other. Davido, on Monday evening, then took to the X platform to tweet what seemed a subtle dig at the Ojuelegba crooner, stating that his songs…

…apologizes and seeks forgiveness from Tinubu’s Chief of Staff Following the controversy generated by the manner of arrest of the online publisher of Firstnewsonline, Mr. Segun Olatunji by the Defence Intelligence Agency (DIA) on Friday, March 15, 2024, more details have emerged on the incident, which many media unions have strongly condemned. Mr. Olatunji had stated during an emergency press conference organised by the Nigerian Guild of Editors (NGE), Nigeria Union of Journalists (NUJ) and International Press Institute (IPI, Nigeria) that his detention by the DIA was in relation to stories he published on the Head of DIA and another…

…Warns FCT Minister to stop acting like an emperor The Oduduwa Development Congress (ODC) has disputed the claim of the Minister of the Federal Capital Territory, Nyesom Wike, that he played a significant role in bringing President Asiwaju Bola Ahmed Tinubu to power. The group said Wike’s claim is merely a product of his imagination. ODC emphasized that Nigerians, not Wike, made Asiwaju Bola Tinubu their President, and his victory was a reflection of the will of the people. Addressing a press conference in Lagos on Monday, the president of the group, Oluwasanmi Sola stated that the FCT Minister should…