Author: Ayo

In a gruesome discovery, Kenyan authorities have found eight female bodies dumped in a slum in the capital city of Nairobi. The bodies were discovered in various states of decomposition and had been dismembered, according to acting Police Chief Douglas Kanja. Speaking at a press conference on Sunday, Kanja revealed that six of the bodies were found on Friday, while the remains of the other two women were discovered on Saturday. “They were severely dismembered in different states of decomposition and left in sacks,” Kanja said. The police chief assured the public that thorough and swift investigations are underway to…

Dangote Petroleum Refinery is set to import a cargo of Brazilian crude, according to Bloomberg, as the Nigerian firm seeks to supplement its feedstock amid low domestic crude oil output. The one million barrel shipment of Tupi crude from Brazil, scheduled for delivery next month, adds to the refinery’s previous purchases of American crude. The imports highlight the challenges faced by local refiners in accessing Nigerian crude, despite efforts by the government to boost production. Industry players attribute the shortage to earlier contracts between International Oil Companies and the Nigerian National Petroleum Company Limited, which prioritize exports over domestic supply.…

American hip-hop star, Eminem, has seemingly thrown shade at fellow rappers, Kanye West, Kendrick Lamar, and music executive, Diddy, in his latest album, ‘The Death of Slim Shady (Coupe de Grâce)’. In the track ‘Anti-Christ’, Eminem takes a swipe at Diddy, who is currently facing sexual harassment allegations, rapping, “Next idiot that ask me is gettin’ his ass beat worst than Diddy did.” He also appears to reference Kanye West, saying, “Say they wish that I wasn’t so angry, don’t wanna see me go off the deep end like Ye, ayy.” Additionally, Eminem takes a jab at Kendrick Lamar’s latest…

The Peoples Democratic Party (PDP) has accused former Rivers State Governor, Nyesom Wike, of fueling the crisis within the Edo State chapter of the party. The Edo PDP has been embroiled in internal conflicts since the governorship primary election in February, which led to legal action against the party. Last week, Justice Inyang Ekwo invalidated the primary election due to the exclusion of 378 delegates. The PDP has appealed the judgment. The PDP National Working Committee has suspended its National Vice Chairman (South-South), Chief Dan Orbih, an ally of Wike, for allegedly sabotaging the party’s efforts in Edo State. A…

The Central Bank of Nigeria (CBN) has resumed sales of foreign exchange (forex) to Bureau De Change (BDC) operators, ending a four-month suspension. This follows the sale of $122.67 million to 46 authorized dealers on Friday. According to a statement by Dr. Omolara Duke, Director of Financial Markets at CBN, the move aims to promote stability and reduce market volatility in the foreign exchange market. The statement read, “The Central Bank of Nigeria has sold the sum of $122,671,000 to 46 authorized dealers in its determination to promote stability and reduce market volatility in the foreign exchange market.” The President…

Former Vice President Atiku Abubakar has commended the Supreme Court’s landmark judgment granting fiscal autonomy to local government councils across Nigeria. In a statement released on Thursday, Atiku described the ruling as “a win for the people of Nigeria” and a significant step towards decentralizing power. The Supreme Court’s decision overturns the previous practice of consolidating local council revenues into state government accounts, which Atiku criticized as “politics of hasty compromise.” He expressed his support for the ruling, stating that local governments should be centers of development, and advocated for expanded fiscal autonomy beyond Federation Account allocations. Atiku also raised…

Britain’s economy has received a much-needed boost, with the Gross Domestic Product (GDP) growing by 0.4 percent in May, surpassing analysts’ expectations of 0.2 percent growth. This development is a welcome news for the newly-elected Labour government, which has made economic growth a top priority. According to the Office for National Statistics, the GDP growth in May is an improvement from the flat growth recorded in April. The new finance minister, Rachel Reeves, has hailed the development, saying “Delivering economic growth is our national mission, and we don’t have a minute to waste.” Reeves, who became the country’s first female…

The Peoples Democratic Party (PDP) has challenged the Federal High Court’s decision to nullify its governorship primary in Edo State, which took place on February 22. The party filed an appeal at the Court of Appeal in Abuja, arguing that the lower court’s judgment was erroneous and lacked evidence. The PDP’s appeal, filed by its lawyer Adeyemi Ajibade (SAN), contends that the trial court’s decision was against the weight of evidence and requests that the appellate court set aside the judgment. The party argues that it conducted a valid ad hoc ward congress on February 4, which the respondents did…

Real Madrid has confirmed that Kylian Mbappe will be officially presented to fans at the Santiago Bernabeu on July 16. The highly anticipated event is expected to draw a massive crowd, filling the 81,000 capacity stadium, in what will be the club’s largest player presentation since Cristiano Ronaldo’s arrival in 2009. The French superstar will don the iconic No. 9 shirt for Los Blancos, signing a five-year contract after departing Paris Saint-Germain as a free agent. This move marks the culmination of Real Madrid’s long pursuit of Mbappe, who was eliminated from Euro 2024 with France on Tuesday night, scoring…

The United States dollar was traded at ₦1,545 in the black market as of Wednesday, July 10, 2024. This represents a -15.34% decline in the value of the dollar against the naira this week and -15.14% decline for this month. In the parallel market in Lagos, a dollar was bought for ₦1,530 and sold for ₦1,540 on Tuesday, July 9. It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, and has directed individuals who want to engage in Forex to approach their respective banks. The constant fluctuations in the exchange rate…