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The Big Report

Read all you need on trending news today.

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...
For MD/CEO, Abx World Limited, Captain John Okakpu, the African Free Trade Area (AfCFTA) has the potential to lift millions of people out of poverty and end food insecurity on the Continent, including Nigeria. According to him, in spite of the enormous advantages African countries can leverage, Nigeria has not...
The Federal Government (FG) is looking forward to increasing its crude oil extraction capacity. Calling on marginal oil fields to help increase and grow the country’s reserves, the Department of Petroleum Resources (DPR) disclosed that out of the 7,000 oil reserves that have been discovered in the country, only...
Dollar to naira, on Wednesday, November 10, 2021, opened at N413.89 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade. According to the data at the FMDQ Security Exchange where forex is traded officially, dollar to naira exchange rate stood at N413.89/$1 today. This means that the Nigerian currency gained...
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...
Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc, against the proposed acquisition of equity stake in Honeywell Flour Mills Plc. According to the financial institution, purchasing an equity stake in Honeywell Flour Mills Plc is too risky considering the fact that Honeywell Group Limited, the parent firm, had...
Coca-Cola, a beverage brand, has been caught in the heat of market dynamics caused by a simple gesture from Cristiano Ronaldo, a Portuguese professional footballer who plays for Juventus. Ronaldo, on Monday, June 14, 2021, in a clip that has since gone viral on social media, swapped a bottle...
President Muhammadu Buhari has invited French investors to come and put their money to work in Nigeria, as he assured them of a safe business environment. During his keynote address in Paris, France, during the one-day Nigeria International Partnership Forum, Buhari, in spite of the alarming inflation rate and foreign...
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...
Ayirimi Emami, popularly known as Ayiri, the deposed Ologbotsere of Warri Kingdom, who's a billionaire, has been dragged to court for his alleged involvement in the stealing of two royal crowns valued at N2 billion. The crowns, unmaskng, learnt belongs to the Warri Kingdom. According to the charge sheet with No:...