Concerns, Questions Arise as CBN Sacks Another 40 Directors The Central Bank of Nigeria (CBN) has taken further steps in its ongoing restructuring by terminating the employment of 40 staff, primarily from the development finance department (DFD), according to an authoritative report from Daily Trust. Details regarding the affected individuals remain limited due to the…
Imo Hotel Owner in Gaol for Allegedly Torturing Man to Death The Imo State Police Command has apprehended Mr. Ibe Obasi, 38, proprietor of Our Guest Hotel, situated in the Obowo Local Government Area, following allegations of his involvement in the death of Ebuka Udemba, a 25-year-old resident of Umuokpa in the same locality, Excel…
President Biden to Visit Baltimore Bridge Collapse Site Efforts are currently underway to address the aftermath of the collapse of Baltimore’s Francis Scott Key Bridge, a tragic incident resulting in the loss of six lives and substantial disruption to the Port of Baltimore’s operations. Excel Magazine International has gathered that Biden was expected to visit…
Yul Edochie Stirs Controversy Over His Comments On ‘Deities Not Evil’ Nollywood actor Yul Edochie has stirred a conversation on tradition and culture, emphasizing their importance in breaking free from historical entanglements like slavery. In his social media post on his Instagram handle @yuledochie, the actor urged Nigerians to re-evaluate their perceptions towards traditional practices,…
EXCEL INSIGHT: Embracing Change: A Lesson from 44-Year-Old Senegal’s President-Elect In a political landscape often marred by entrenched power structures and disillusionment, the recent presidential election in Senegal has delivered a powerful message of hope and change. Bassirou Diomaye Faye, the 44-year-old president-elect, has not only shattered conventional norms but has also ignited a beacon…
Nigerian Military Declares 8 Persons Including Professor Over Killing of 17 Soldiers in Delta State The Nigerian Military has declared eight persons including a Professor and a woman wanted in connection to the killing of 17 nigerian army personnel at Okuoma Community in Ugheli South LGA of Delta State on 14th March, 2024. The declaration…
Easter: Nigeria Declares Friday, Monday Public Holidays The Federal Government of Nigeria has announced that Friday, March 29th, and Monday, April 1st, 2024, will be observed as public holidays in observance of Good Friday and Easter Monday, respectively. The declaration was made by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, on Wednesday, on behalf of…
EXCEL INSIGHT: On President Tinubu’s Student Loans Initiative In a landmark legislative move, President Bola Tinubu has set the stage for a paradigm shift in Nigeria’s education financing landscape with the proposed overhaul of the Students Loans Act. This initiative, which seeks to repeal and re-enact the existing legislation, heralds a new era of inclusivity,…
US Defence Secretary Lloyd Austin Hospitalised Again United States Defence Secretary Lloyd Austin has been hospitalised for the second time in a month, announced the Pentagon, following a previous hospital stay that drew criticism for lack of transparency. Excel Magazine International reports that, Austin, 70, who underwent treatment for prostate cancer last year, was admitted…
Hoarded Food: Kano Begins Crackdown on Warehouses The Kano Public Complaint and Anti-Corruption Commission (PCACC) has taken decisive action by confiscating warehouses stocked with hoarded commodities valued at hundreds of millions of naira in the state, Excel Magazine International reports. Numerous warehouses in and around Dawanau International Grains Market, Singer Market, and Kwari Textiles Market…