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CBN LIMITS CARD ISSUING, MERCHANT ACQUIRING MARKET SHARE FOR FINANCIAL INSTITUTIONS. (PHOTO).

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 CBN limits card issuing, merchant acquiring market share for financial institutions The Central Bank of Nigeria (CBN) has introduced new measures aimed at curbing market concentration in the country’s payments ecosystem, including limits on the market share operators can hold across card issuing and merchant acquiring services. Card issuing refers to the provision of payment cards to customers, while merchant acquiring involves processing card payments on behalf of businesses. In a circular signed by Rakiya Yusuf, director of the payments system supervision department, on Monday, the apex bank said the measures are aimed at addressing concerns over market concentration, operational dependence, systemic importance and the localisation of payment transaction data. The CBN said rapid growth in electronic payments and digital financial services has increased the market presence of some operators, raising concerns about competition and resilience in the sector. “Accordingly, the CBN he...

IHEARTMEDIA AND NETFLIX EXPAND VIDEO PODCAST DEAL WITH NEW SHOWS FROM MARTHA STEWART, KATE HUDSON, OLIVER HUDSON, AND LELE PONS. (PHOTO).

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   iHeartMedia and Netflix expand video podcast deal with new shows from Martha Stewart, Kate Hudson, Oliver Hudson, and Lele Pons  iHeartMedia and Netflix are expanding their video podcast partnership with a new slate of shows featuring Martha Stewart, Kate Hudson, Oliver Hudson, and Lele Pons, as the companies continue building out their shared podcast lineup on the streaming platform. Under the expanded agreement, select iHeartPodcasts will be adapted into video format for Netflix, including new episodes and portions of existing episode libraries. The rollout will take place over the coming months. The new additions include Suite 305 with Lele Pons, The Martha Stewart Podcast, and Sibling Revelry hosted by Kate Hudson and Oliver Hudson, which features conversations with sibling guests. The shows will join other iHeart titles already on Netflix’s video podcast slate. That lineup also includes programs such as The Breakfast Club, The Bobby Bones Show’s Bobbycast, and My ...

ANNE SCHEDEEN, ALF STAR WHO PLAYED KATE TANNER, DIES AT 77.(PHOTO).

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Anne Schedeen, ALF star who played Kate Tanner, dies at 77 Anne Schedeen, best known for playing Kate Tanner on the NBC sitcom ALF, has died at the age of 77. Her family said she “passed peacefully” in a statement shared Sunday, adding that she died surrounded by the legacy of her life and work. A cause of death was not disclosed. In their tribute, her family described Schedeen as someone with “creative energy,” sharp humor, and a deep love for her family, storytelling, and rescue dogs. They remembered her as a strong presence in their lives, saying her memory would live on through her artwork, handmade creations, and “joie de vivre.” They also asked loved ones to honor her by supporting Habitat for Humanity in lieu of sending flowers. Her longtime agent confirmed her death and said she meant “the world” to both her family and her professional circle. Born in Portland, Oregon, Schedeen developed an early interest in acting, taking part in children’s theater before moving through dinner...

EAST BOSTON SOCCER BALL INSTALLATION SETS GUINNESS WORLD RECORD AS WORLD’S LARGEST AHEAD OF FIFA WORLD CUP MATCHES IN MASSACHUSETTS. (PHOTO).

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 East Boston soccer ball installation sets Guinness World Record as world’s largest ahead of FIFA World Cup matches in Massachusetts   A giant soccer ball installed at Piers Park II in East Boston has officially been recognized as the world’s largest, surpassing a previous record set in Qatar in 2013. The inflatable structure was created by Britten, Inc. and Creative Inflatables in Ohio as a celebration of upcoming FIFA World Cup matches scheduled to take place in Foxborough in June and July. The installation will remain on public display through June 18, giving visitors a chance to see the record-breaking display up close. Officials said the materials used in the structure will be recycled once the exhibit is taken down.

KANO STATE APPROVES N1.5 BILLION FOR MASS WEDDING OF 3,000 COUPLES. (PHOTO).

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 Kano State Approves N1.5 Billion for Mass Wedding of 3,000 Couples The Kano State Government has earmarked N1.5 billion for a forthcoming mass wedding programme targeting 3,000 beneficiaries, officials announced on Monday. Commander-General of the Kano State Hisbah Board, Sheikh Ibrahim Daurawa, disclosed the funding while briefing journalists on preparations for the event.  “The Kano State Government is to spend N1.5bn on the entire mass wedding programme which will soon be conducted in the state,” Daurawa said. According to him, the allocation will cover furniture, food items, dowry, clothing materials for the couples, and a N100,000 capital grant to each bride, among other expenses. The Hisbah Board, in collaboration with the State Ministry of Health, has already commenced mandatory medical screening for prospective couples to determine their health status. The screenings include tests for hepatitis, pregnancy, HIV, genotype, and other sexually transmitted diseases. Dauraw...

“YOU ARE PLAYING WITH FIRE”, ADC WARNS GOVERNMENT AGENTS SEEKING PARTY DE-REGISTRATION -JUSTICE PETER LIFU IS A THREAT TO DEMOCRACY, SAYS PARTY. (PHOTO). #PRESS RELEASE.

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 “YOU ARE PLAYING WITH FIRE”, ADC WARNS GOVERNMENT AGENTS SEEKING PARTY DE-REGISTRATION -JUSTICE PETER LIFU IS A THREAT TO DEMOCRACY, SAYS PARTY The African Democratic Congress (ADC) wishes to warn, in the strongest possible terms, against any attempt to use the judiciary as an instrument to undermine democracy and plunge Nigeria into a major political crisis. We are deeply alarmed by the judgment reportedly delivered by Justice Peter Lifu of the Federal High Court, Abuja, in a case filed by the so-called National Forum of Former Legislators seeking the de-registration of the ADC and four other political parties. This judgment stands in direct conflict with constitutional principles and all known judicial processes and procedures. The facts are straightforward. The plaintiffs had argued that the ADC and four other political parties failed to satisfy constitutional requirements relating to continued registration. However, in its counter-affidavit filed before the court in May, INEC,...

KENNETH OKONKWO WITHDRAWS SUPPORT FOR ATIKU ABUBAKAR OVER AMAECHI’S SELECTION AS RUNNING MATE. (PHOTO).

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 Kenneth Okonkwo Withdraws Support for Atiku Abubakar Over Amaechi’s Selection as Running Mate Actor-turned-politician and former Labour Party presidential campaign spokesman, Kenneth Okonkwo, has withdrawn his backing for former Vice President Atiku Abubakar’s 2027 presidential bid following the emergence of former Minister of Transportation Rotimi Amaechi as the vice-presidential candidate of the African Democratic Congress (ADC). Okonkwo announced his decision in a statement posted on his X account on Monday, shortly after reports confirmed Amaechi’s selection as Atiku’s running mate. In the statement, Okonkwo expressed deep disappointment, describing the development as a continuation of the “crude marginalisation” of the South-East geopolitical zone in Nigeria’s political power structure. “I heard from the social media that ADC has picked its vice presidential candidate from the South-South. If this is true, it is unfortunate, as this will continue the crude marginalisation of ...

WHY VETERAN NOLLYWOOD ACTOR BABA ELESHO CALLS HIS WIFE THE HEAD OF HIS FAMILY. (PHOTO)

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 Why Veteran Nollywood Actor Baba Elesho Calls His Wife the Head of His Family Veteran Nollywood actor Adewale Elesho Adeoye, popularly known as Baba Elesho, has sparked widespread conversation online after sharing a deeply personal story about his household dynamics and declaring his wife as the true leader of his home. Speaking in a recent interview, the revered Yoruba actor opened up about a pivotal family event involving his elderly mother and his wife, shedding light on the mutual respect that governs his marriage. A Mother’s Cry for Help According to Baba Elesho, his aging mother had been battling a long-standing eye condition and was residing with one of his younger siblings. Although he regularly provided financial support and checked on her well-being, he was unaware of how unhappy she had become in her living situation until a recent visit. The actor recounted the emotional moment his mother poured out her heart to him. "The day I went to bring her from my younger siblin...