Burna Boy Drops Bombshell, Criticises Current State of Nigerian Music In a candid interview with Apple Music’s Zane Lowe, Nigerian superstar Burna Boy has dropped a bombshell, saying array of Nigerian songs churned out today lack substance. The Grammy-winning artist, who is riding high with a nomination in the 2023 Trace Awards’ ‘Song of the…
Controversy as Central African Republic President Gets Unlimited Terms in Power The top court of the Central African Republic has officially endorsed the results of the July referendum, which extends the presidential term to seven years and eliminates re-election limits. According to the court’s ruling, as observed by Excel Magazine International, an overwhelming 95% majority…
BRICS Bank Moves to Issue 30% of Loans in Local Currencies The New Development Bank (NDB), otherwise known as the BRICS Development Bank, has announced plans to begin lending in South African and Brazilian currencies in order to defy reliance on the US dollar. The bank’s president, Dilma Rousseff disclosed this in a recent interview…
UK Charges ex-Nigeria’s Petroleum Minister Alison-Madueke with Bribery The British police have charged the former Minister of Petroleum, Diezani Alison-Madueke with bribery offences. According to Reuters, the UK police on Tuesday said they suspected she had accepted bribes in return for awarding multi-million-pound oil and gas contracts. The 63-year-old ex-minister served during the administration of…
Davido, Burna Boy, Wizkid Lead Maiden Trace Awards Nominations Renowned Afrobeats luminaries, namely Davido, Burna Boy, Wizkid, and Tiwa Savage, have secured nominations for the prestigious 2023 Trace Awards, Excel Magazine International has gathered. In a grand unveiling on Monday, Trace, the esteemed music media enterprise, disclosed the list of nominees for the inaugural Trace…
Nigeria’s Net Foreign Reserves Fell to $3.7bn in 2022, Says JP Morgan JP Morgan, an American multinational financial services firm, has estimated that Nigeria’s net foreign exchange (FX) reserves fell to $3.7 billion as of the end 2022. This is contained in the firm’s latest report titled ‘Nigeria: Reform pause rather than fatigue’. Gross FX…
Nigerian Military Rescues Another Chibok Girl Another Chibok girl, Mary Nkeki, has been successfully rescued by the valiant troops of Operation Hadin Kai Theater Command. This remarkable rescue operation, as learnt by Excel Magazine International took place on August 14, when Mary and her husband, identified as Adam, who had repented from insurgent activities, were…
As Saint Obi Laid to Rest in Imo State… As Saint Obi is laid to rest in his hometown of Alaenyi Ogwa, Imo State, Excel Magazine International delves into the remarkable life and career of this cherished actor, celebrating a life well-lived journey. The Nigerian entertainment industry bid a tearful farewell to one of its…
Tinubu Receives Petition Against Dangote Over Siphoned $3.4bn President Bola Ahmed Tinubu has received a Petition against Billionaire Businessman, Alhaji Aliko Dangote over $3.4 Billion allegedly siphoned through the Central Bank of Nigeria. The petition, filed by Ahmed Fahan, a Social Justice Advocate, alleged that Dangote grossly violated the Forex Guidelines of the CBN for…
ECOWAS Delegation Arrives Niger A delegation from the Economic Community of West African States (ECOWAS) has arrived in Niger for discussions with the military officers who have assumed control and deposed President Mohamed Bazoum, Excel Magazine International can authoritatively report. The ECOWAS delegation is led by former Nigerian leader, Abdulsalami Abubakar. Niger’s governing military council…