Chris Umeadi

Chris Umeadi

An experienced and all-around digital marketing specialist with over 10 years of experience exploring and conquering the digital world.

BDCs Get $25k Weekly FX From CBN and NFEM

The Central Bank of Nigeria, CBN, has just released a circular that temporarily permits BDCs to purchase up to $25,000 weekly in foreign exchange from the Nigerian Foreign Exchange Market, NFEM. This is to take effect from December 19, 2024,…

Port Harcourt Refinery Shuts Down Again!

According to reports from an anonymous source, it has been less than a month after so much money—about $1.5 billion—has been spent on the rehabilitation of the Port Harcourt refinery, yet it seems to have stopped its refining operations. The…

JUST IN: Farotimi Granted N30m Bail by Ekiti Court

Dele Farotimi has just been granted N30 million in bail by the Ekiti State Magistrate Court in Ado-Ekiti, the Ekiti State capital, over the alleged defamation suit filed against him by Afe Babalola (SAN). Abayomi Adeosun, the Chief Magistrate, said…

MTN Hit With N15m Fine For Spam by Court of Appeal

A public interest lawyer, Barrister Ezugwu Emmanuel Anene, has just won a court case in the Court of Appeal in Abuja against telecom giant MTN Nigeria. Anene was awarded the sum of N15 million for damages resulting from unsolicited calls…

Frustration in Abuja After New Blackout

AEDC

The Transmission Company of Nigeria (TCN) has announced the 330-kilovolt Shiroro-Katampe Transmission Line supplying power to the Federal Capital Territory has been vandalized by bandits. The incident occurred in the late hours of Wednesday night, which caused a disruption in…

Poor Investment in Education: N6.13trn for 2025

About 22 states in Nigeria, including the Federal Government, have allocated N6.131 trillion of their 2025 budgets to the education sector. However, the amount allocated is not up to 10% of the total 2025 budget, which is about N66.111 trillion…

Don Jazzy Gifts Odumodu $10k On First Meet!

Nigerian Rapper and “Native” crooner, Odumodublvck, has just revealed in an interview with Beat 97.9FM, that Don Jazzy gave him $10,000 when he visited him. Odumodublvck said he wanted Don Jazzy’s voice on his song “Asampete” as his voice would…

Mbappé: “I Wish I Played With CR7

France and Real Madrid’s striker, Kylian Mbappe, recently spoke about Cristiano Ronaldo in an interview with BeIN Sports about how he wishes to play alongside the legendary Portuguese footballer. Mbappe has had the privilege of playing alongside football greats such…

Dangote: PMS Now N899.50k + Credit

Dangote

The price of fuel has just been reduced from N970 to N899.50K per litre by Dangote Refinery.  In the spirit of the festive season, Dangote Refinery has reduced the buying cost of its premium motor spirit (PMS) from N970 to…

POS Cashouts Capped at N100k by CBN

The daily transaction limit on POS has now been increased to N100,000 per customer by the Central Bank of Nigeria. This was announced in a circular passed by the CBN to commercial banks, microfinance banks, mobile money operators, and super…

Hope: Russia’s Free Cancer Vaccine in 2025

Through its health ministry, Russia has just announced that it will distribute its new cancer vaccine in 2025 for free to patients who need it. The purpose of this vaccine is to treat existing cancers and not work like other…