Nigerian music executive Jude Okoye has been remanded in prison over an alleged ₦1.3 billion fraud. The Economic and Financial Crimes Commission (EFCC) initiated the investigation following a complaint by Peter Okoye, Jude's younger brother and member of the music duo P-Square. Peter reportedly discovered that Jude had been diverting proceeds from P-Square's music into a secret company account...

The Nigerian Naira recorded a slight appreciation against the U.S. dollar on Wednesday, strengthening to ₦1,490 per dollar in the parallel market, up from ₦1,502 per dollar on Tuesday. A similar trend was observed in the Nigerian Foreign Exchange Market (NFEM), where the currency appreciated to ₦1,499.8 per dollar, compared to ₦1,501 per dollar the previous day. According to data from FMDQ...

Nigeria's automotive industry has experienced remarkable growth, with several indigenous and international manufacturers establishing assembly plants within the country. This development has bolstered the nation's economy and provided consumers with a variety of locally manufactured vehicles. Below is a list of notable car brands produced in Nigeria, along with their founders: 1. Innoson...

Former Edo State governor and APC senator, Adams Oshiomhole, has been embroiled in controversy following serious allegations made by an online critic. Albert Obazee, a known critic of the APC and the current Edo State administration led by Governor Monday Okpebholo, alleged that Oshiomhole and some well-known thugs in Benin have hatched a plan to kill his father in Nigeria. Obazee, who...

The “Dead Horse Theory” is a satirical metaphor that reflects how some people, institutions or nations face obvious problems that are impossible to solve, but instead of accepting reality, they cling to justifying them. The central idea is clear: if you find that you are riding a dead horse, the most sensible thing to do is to get off and leave it. However, in practice, the opposite...