Beyonce pays heartfelt tribute to legendary Tina Turner

Hero-1 Image Says ‘My cherished queen, my love for you knows no bounds’ In the wake of Tina Turner’s passing at the age of 83, Beyoncé, the 41-year-old singer, has shared a heartfelt tribute to the legendary artist on her official website. “My cherished queen, my love for you knows no bounds,” Beyoncé’s message began. […]

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Germany in recession as inflation, higher interest bite

German Chancellor Olaf Scholz Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed demand in Europe’s largest economy. Over the first three months of 2023, the economy shrank by 0.3 percent, the federal statistics agency Destatis said, downgrading an initial estimate […]

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Inauguration: Heavy security in FCT as DSS warns against disruption of event

Following intelligence, security operatives have up their ante ahead of the presidential inauguration ceremony billed for Monday, May 29, 2023. Agencies, especially the military high command has put security measures in place at all entry point into Abuja. Vehicles are properly screened by soldiers at entrances into the FCT. A drive around Giri, Gwagwalada, and […]

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Nigerian judiciary and rise of nepotism: A Buhari legacy

By Bayo Akinlade The Buhari Years: What we ordered vs what we got – civil society leaders reflect on the Buhari Administration and its achievements, shortcomings, and regressive actions. This article focuses on the judiciary. Nepotism The practice among those with power or influence of favouring relatives, friends, or associates, especially by giving them jobs. […]

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Naira faces downside risks, slumps to N760 to dollar at black market

• Demand for dollar surges ahead of inauguration as big-ticket demands return •Dollar scarcity, regime change correlation gains attention Four days before the inauguration of a new administration, the naira seems to have lost its long-standing N750/$ resistance as it dipped to N760/$ yesterday. The market may have started pricing in uncertainty risk that comes […]

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Buhari retains cabinet till May 29, seeks Senate approval for judgment debts

President Muhammadu Buhari with ministers during the valedictory Federal Executive Council meeting at the State House, Abuja…yesterday • I look forward to tending my cattle in Daura, says Buhari • Appointing minister of state an aberration, Keyamo tells President • Don’t appoint new Auditor General in four days to go, Buhari told • President seeks […]

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MPC shuns bleeding economy, raises interest rate to 18.5%

• GDP growth slows to 2.3 percent in first quarter • Growth claim not real, economists push back • Manufacturing not affected by interest rate hike, Ife claims • Global shocks weigh heavily on African economies, report insists Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower […]

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Buhari seeks Senate’s approval to pay N226bn, $556.8m, £98.5m judgment debts

President Muhammadu Buhari has asked the Senate to approve a request to pay the judgment debt in the sum of $566,754,584.31, £98,526,012.00, and N226 billion. The monies were owed by the Federal Government through the issuance of promissory notes. Buhari’s letter of request was read at plenary by Senate President Ahmad Lawan on Wednesday. As […]

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