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Author: Citynews
Many women in the Federal Capital Territory (FCT) have converted their private cars into informal taxis, popularly known as “kabu-kabu”, in order to make ends meet. Some of the female drivers told the News Agency of Nigeria (NAN) on Sunday in Abuja, that the move was necesitated due to the economic hardship. NAN reports that the trend is becoming more visible as the women are seen at major junctions and bus stops across the city to pick passengers. Many private car owners nowadays, most of which were females in luxury cars, now pick up passengers heading to different parts of…
Breaking: Oil price passes $100 a barrel for first time since 2022, as Khamenei’s son named new Iranian leader
The benchmark oil price has passed $100 a barrel for the first time since 2022, as the war in the Middle East continues. The rise is likely to further increase petrol prices – and the surge might not stop here, writes our economics editor Faisal IslamThe UK chancellor, Rachel Reeves, will join an emergency meeting of G7 finance ministers later to discuss oil prices, US President Donald Trump says the “short term” price increase is a “a very small price to pay” for world peace. In Iran, Mojtaba Khamenei – the son of Ayatollah Ali Khamenei, who was killed nine…
Things I said in the past about President Tinubu was all politics — Presidential aide, Daniel Bwala, breaks his silence…
Presidential media aide, Daniel Bwala, has broken his silence after Nigerians dragged him over his interview with Al Jazeerah’s Mehdi Hassan. Bwala has received heat online after he repeatedly refuted all the damning things he said against President Tinubu before making a u-turn and agreeing to work with the Tinubu government. Watch here In his statement, Bwala said all the things he said about Tinubu in the past were all “politics.” He said he was in the opposition when he made all the negative comments. He said he knew what he signed up for when he agreed to…
Nollywood actress Sarah Martins has addressed the Lagos State government regarding concerns about her cooking on the road for children. In a detailed Instagram post, Martins clarified that the activity did not take place on a walkway or main street, but “in front of the King’s Palace under the supervision of security personnel”: “The visit was simply born out of an emotional moment. I had deeply missed the bond I share with the vulnerable street children in that area. As I occasionally drive past that axis, the children often plead with me to come back and cook with them like I used to. On this…
“I get Mummy GO body, na fasting and prayer remain” – Wumi Toriola says after begging God to use her like Tonto Dikeh
Popular Nollywood actress Wumi Toriola is still expressing her desire to work for God. CNi reports that following the viral video of Tonto Dikeh conducting deliverance in a school, Wumi had written a note to her Maker, begging Him to use her. She noted that she is the only one left and begged God to use her. In her latest Instagram post, the talented actress noted that she has a Mummy GO body and only needs to work on her fasting and prayer life. “I get mummy G O body Na fasting and prayer remain”. This isn’t the first time, Toriola is expressing…
The 2023 presidential candidate of the Labour Party, Peter Obi, has vowed to challenge the newly passed Electoral Act 2026 in court. Obi described it as attempts to manipulate the outcome of the 2027 general elections. He alleged that provisions of the new electoral law were designed to facilitate electoral manipulation and undermine the credibility of future elections. The former governor of Anambra State accused the Independent National Electoral Commission of overstepping its constitutional role by attempting to interfere in how political parties conduct their internal processes. According to him, the electoral body should focus on conducting credible elections rather…
By Cynthia Alo Nigeria’s mall economy estimated at about N2.5 trillion has just taken a major hit following the final shut down of the leading brand in the sector, Shoprite, across the country after 20 years of active operation. Going by analysts’ projections, about N1.4 trillion may have gone down with the epic collapse of the retail giant as hundreds of other ancillary businesses that depended on its operations have now become collateral damages. Vanguard’s findings also reveal that the development has severely affected thousands of individuals who are direct employees and suppliers to the retail giant along with hundreds of thousands householders…
A political economist and former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu has accused Daniel Bwala, a special adviser to President Bola Tinubu of making a spectacle of Nigeria in his interview with Al Jazeera’s Mehdi Hasan. In a post made on his social media page, Moghalu said Bwala’s interview on Al Jazeera’s Head to Head program was an immense disaster for Nigeria as a country, for President Tinubu’s administration, and for Bwala himself. Noting that Bwala’s track record speaks for itself, the political economist said the interview was a sad commentary on Nigeria’s political culture in…
Activist politician, Aisha Yesufu, has declared that the 2027 general election is war for Nigerians. Yesufu said Nigerians would be fighting for their lives and the soul of the country in 2027. Posting on X, the frontline activist urged Nigerians not to be bystanders. She wrote: “Let me repeat, 2027 election is WAR! Nigerians are fighting for their lives and the soul of Nigeria. “This is not the time to be a bystander, the more incidents, the more likely we become victims! “Yesterday’s victims were once survivors, today’s victims were yesterday’s survivors and tomorrow’s victims will be today’s survivors. WHO…
CBN Affirms Alpha Morgan Bank’s Capitalisation as Bank Positions for Next Phase of Growth
The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution. This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and improved service delivery to customers. With this milestone, Alpha Morgan Bank is well positioned to continue expanding its footprint with its 14 approved branches across different states, while deepening inclusivity and enhancing the range of banking solutions available to individuals,…
