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The Central Bank of Nigeria (CBN) has expressed serious opposition to a lawsuit before a Federal High Court in Lagos seeking the removal of Arabic inscriptions on naira notes. It all began when Malcolm Omirhobo, a Lagos-based lawyer, opined that the Arabic words portrayed Nigeria as an Islamic country, which...
Veteran filmmaker, Kunle Afolayan has revealed that most of his movies were funded with bank loans he secured from banks. Speaking with Punch in an interview monitored by Unmask NG, Afolayan admitted that his filmmaking career has not been a smooth as many people may have been perceiving. Rather, he...
Nigeria’s candidate for the  World Trade Organisation's (WTO) Director-General (DG), Dr. Ngozi Okonjo-Iweala has expressed confidence, saying she's not scared of the ongoing competition with other countries' candidates. As the race for the WTO job enters the final month, Okonjo-Iweala claimed to be uncowed. The 66-year-old said the reforms she spearheaded as Nigerian...
Sijibomi Ogundele, the Managing Director (MD) and Chief Executive Officer (CEO) of Sujimoto, a real estate company, recently granted an interview, where he talked about an investment opportunity in his firm. When asked if there is an investment opportunity in his company in view of the lingering novel coronavirus, Ogundele...
Lagos, Nigeria’s commercial hub has over the years been exposed to environmental hardship as a result of frequent flooding during rainy seasons. Almost every time it rains in the state, residents and other occupants are compelled to face the horrendous effect of floods which often--paralyses economic activities, and at...
For a couple of days now, the media space has been awash with multiple reports regarding dancehall music star, Madrina’s (formerly Cynthia Morgan) fallout with her former label, Northside Music Inc. While Madrina narrated all that transpired between her and Northside boss, Jude Okoye, which led to their fallout, the...
It is no longer news that the world economy has in the past months been brought to a standstill. As COVID-19 continues to ravage, different countries across the world have been seen embarking on a nationwide lockdown, a move that hasn’t just disrupted human activities but crippled the business...
Mudashiru Obasa, the Lagos State House of Assembly Speaker, has in recent times been enmeshed in a series of fraud allegations. Following the replacement of Messrs Olumuyiwa Jimoh and Rotimi Abiru, who were sacked as Deputy Majority Leader and Chief Whip of the House respectively, Sahara Reporters has since been...
There are possibilities that Primero Transport Services Ltd, the operator of Bus Rapid Transit (BRT) may no longer serve Lagosians from Monday, May 25, 2020. This is according to a top official in the company. The official disclosed that BRT may stop operating from Monday due to lack of diesel,...
A report read on the floor of Lagos House of Assembly, has uncovered how NIMCO construction company Ltd has been short-changing the state government. The report which detailed how NIMCO had defrauded the government to the tune of several hundreds of millions, which includes non-payment of tax, was read to...