The ECB started cutting the main interest rates in June 2024, to boost the Eurozone’s lagging economy, through lower rates to encourage borrowing, spending and investment. ADVERTISEMENT The European Central Bank (ECB) has cut its deposit rate for the fourth time this year, by 25 basis points to 3%. This is the rate for banks to make overnight deposits and …

The event aimed to connect culture, lifestyle, and expression by showcasing the top searches in Nigeria for 2024 through the medium of fashion.  The event was hosted by designer and fashion icon, Mai Atafo, and featured renowned stylist Tosin Ogundadegbe, also known as The Style Infidel. This innovative approach was chosen to create an experience that deeply resonated with Nigerians, …

Harrods said it introduced the fee to keep menu prices competitive and maintain a high level of service. ADVERTISEMENT Luxury department store Harrods has introduced a mandatory £1 fee for diners in all its cafes and restaurants in London. This is on top of an existing 12.5% service charge, which is optional. An English breakfast tea, at a basic price …

 Nollywood Director, Funke Akindele has warned fans and netizens against pirating her new movie, Everybody Loves Jenifa. This announcement comes after urging the public against canvassing at the cinema and pirating Everybody Loves Jenifa at the Exhibition Soiree which was held on November 20, 2024. Recall that her previous movie, A Tribe Called Judah was pirated shortly after its release.  …

Meta, the parent company of Facebook and Instagram, has donated $1m (£786,000) to an inauguration fund for President-elect Donald Trump. The tech giant’s boss, Mark Zuckerberg, dined with Trump at his Mar-a-Lago resort in November, having sought to repair his and his firm’s relationship with Trump following the election. Trump has previously been highly critical of Mr Zuckerberg and Facebook …

A judge was shot dead on Wednesday, December 11, in Acapulco, once a glamorous beach destination now plagued by violence, local media and the Guerrero state prosecutor’s office have confirmed.   Local reports identified the victim as Edmundo Román Pinzón, president of the Superior Court of Justice in Guerrero state. He was reportedly shot at least four times while in …

Former Big Brother Naija winner Phyna has shared the reasons behind her decision to officially drop her family surname, Otabor. Speaking in a recent interview with TVC News, she expressed that her choice stemmed from long-standing feelings of exclusion and mistreatment by her family. She stressed that her choice is not her ‘disowning her family,’ but simply giving them what …

Troops of 6 Brigade Sector 3 Operation Whirl Stroke (OPWS), have successfully thwarted a planned banditry attack within the southern part of Taraba State.     Acting Assistant Director, 6 Brigade Army Public Relations, Captain Olubodunde, who disclosed this in a statement on Thursday, December 12, 2024, said the well-coordinated operation was based on credible intelligence regarding an impending terrorist …

Nigeria is set to boost its national grid by an additional 150 megawatts (MW) of electricity before the end of the year, according to Adebayo Adelabu, the minister of power.   Speaking to journalists after a closed-door meeting with President Bola Tinubu and German President Frank-Walter Steinmeier at the presidential villa in Abuja, Adelabu said the milestone would be achieved …

The  Labour Party (LP) governorship candidate in the last election in Bayelsa State, Udengs Eradiri and his running mate, Commodore Benjamin Nathus (retd) have announced their resignations from the party.   It was gathered that most of the party’s local government chairmen in Bayelsa joined Eradiri and Nathus to dump the party.   Eradiri sent his resignation letter to the …