‘•Actor Abiodun Ayoyinka a.k.a. Papa Ajasco Veteran Nigerian actor Abiodun Ayoyinka, best known for portraying the beloved “Papa Ajasco” character in the long-running family sitcom, has spoken candidly about the severe financial hardship and career limitations he has faced for several years. In a recent emotional interview with internet person...
The Supreme Court, today, has declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations. In its lead judgement read by Justice Emmanuel Agim, the apex court observed that the refusal of state government on financial autonomy for local governments has gone on for over two decades...
Manchester United recorded a net loss of £71.4 million ($91.4 million) between January and March this year, the club’s latest financial results revealed today. United’s losses include £30.3 million in exceptional costs related to the sale of 27.7 per cent of the club to Jim Ratcliffe, including consultancy fees owed to the American firm Raine....
Nottingham Forest have been docked four points for breaching Premier League financial rules, the English top flight announced on Monday, dropping the club into the relegation zone. The Premier League said in a statement that Forest had admitted breaching the profitability and sustainability rules (PSR) threshold of £61 million ($77.5 million) ...
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has strengthened its pre-emptive surveillance of banks to unearth infractions and ensure compliance with extant rules and guidelines. The banks have been under intense criticism in recent periods for alleged complicity in economic crimes, reports The Nation. The Economic and Financial Cri...
•Japa Many universities in the United Kingdom are at risk of falling into financial deficit due to the astronomical decline in international students after Prime Minister Rishi Sunak’s ban on bringing dependants into the country. The Home Office of the United Kingdom announced that it had commenced the implementation of its policy banning Nige...
•Governors Forum In clear disregard of constitutional provisions, at least 31 governors are yet to concede financial autonomy to the legislative arm of government in their states. Findings show that Houses of Assembly in only five states – Lagos, Delta, Plateau, Oyo, and Nasarawa – currently enjoy a semblance of full financial independence, re...

