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    The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries. The apex bank said the Investors and Exporters’ (I&E) window foreign exchange rate should be used in determining the exchange rate for Naira pay-outs. CBN's Director of Trade and Exchange Department, O.S Nnaji, listed 62 approved IMTOs to carry out the directive in a circular to banks, IMTOs and the public. In the list are Western Union, World Remit Limited, CashPot Limited, eTransact International Limited, Leadremit Limited, Flutterwave Technology Solutions Limited, and Interswitch Limited. Others are Belyfted Limited, Caperemit UK Limited, Chime In (Sendwave), Colony Capital Limited, Comet Trading Nigeria Limited, CSL Pay Limited, CP Express Limited, among others. It read;  “Further to the circular referenced TED/FEM/FPC/GEN/01/011 dated November 30, 2020 in respect of th...

  Manchester United's Alejandro Garnacho has revealed that he is expecting his first child with his girlfriend, Eva Garcia.   The Spanish winger, 19, took to his Instagram on Wednesday to share stunning images as he lovingly cradled her blossoming bump during a sun-soaked getaway   Eva, who is also Spanish, looked sensational in a Burberry bikini as she cuddled up to her beau while he kissed her growing tummy.   Writing in Spanish: ‘Our last summer being two of us’    

  American actor, Kevin Costner's estranged wife Christine Baumgartner has been awarded six-digit monthly payments in child support after a judge ruled on a tentative child support arrangement.   The 68-year-old Yellowstone will pay his estranged wife Christine Baumgartner, 49, a whopping $129,755 per month in child support payments.   The figure is more than double what Costner had originally offered his ex, and also only a little over half of what she had been asking for.   The decision is only tentative and will be reassessed at a later hearing, according to court documents obtained by Fox News.   The decision comes after Baumgartner was ordered to vacate Costner's mansion by July 31.   The details of the couples' prenuptial agreement reportedly required her to move out within 30 days of either party filing for a divorce, a deadline she had missed after she was the first to file.   She previously said in court filings that she w...

  Cristiano Ronaldo’s club Al Nassr have been sanctioned by world football governing body, FIFA over a transfer issue involving Super Eagles captain, Ahmed Musa. Al Nassr have been banned from registering new players going into the new Saudi Arabia Professional League season after failing to pay Leicester City the money they owe them over Musa’s transfer.  Musa linked up with Al Nassr in 2018 after impressing at the World Cup in Russia.  Al Nassr paid Leicester City €16.50m to secure the services of Musa but the Saudi Pro League side are however yet to pay the add-ons, despite The Court of Arbitration for Sport (CAS) ordering them to do so. Al-Nassr were ordered to pay the Foxes €460,000 in performance-related add-ons. The Saudi Arabian giants failure to obey CAS’ ruling , which has now forced FIFA to ban them from registering new players ahead of the new season.

Veteran Nollywood actress, Cynthia Okereke, is dead.    She reportedly died on Tuesday night, July 11. However the cause of her death is yet unknown.  Announcing the demise of the veteran movie star on social media by filmmaker, Joseph Okechukwu, wrote; ‘’REST IN PEACE, Nwanyi oma. I’m shattered beyond words.   The fact that I was about to pay for your flight ticket to come finish what we started only to here you went to be with Lord just last night is one of the toughest things I’ve ever had to deal with in recent times. I pray I’m able to recover from this shock. Life is really just a mist. One minute you have it, the next you don’t.   For the more than 20 years that I’ve known you, you’ve been such an amazing, decent and lovely soul to be around. I never imagined you’d exit so unceremoniously. Words fail me.   Sleep on, Cynthia. May your gentle soul rest on till we meet again in glory. #CynthiaOkereke''   Last year, the actress made news aft...

Organizers of the Headies Awards have released the nominees for the voting and non-voting categories of its 16th edition. Grammy award-winner,  Burna Boy, received the most nods on the list with a total of 11 nominations. In the Album of the Year category, the singer will battle it out with Davido, Rema, Asake, Omah Lay, and Victony.   This year’s award will also recognize international artistes who have made their mark in the Nigerian music industry.   The nominees for the 2023 International Artiste of the Year Category include Drake, Future, Selena Gomez, Don Toliver, and Ed Sheeran.   See full list below.  Best Recording of The Year   Burna Boy – Alone  Victony, Tempoe – Soweto  Omah Lay – I’m a mess  Oxlade – Ku Lo Sa  Davido, SSC – Stand Strong  Tems – No Woman, No Cry  Album Of The Year   Burna Boy – Love, Damini  Asake – Mr. Money With The Vibe  Rema – Rave & Roses  Omah Lay – Boy Alone ...

  A Nigerian doctor has queried a recent photo rapper, Olamide, shared online.  The Nigerian doctor mentioned that the photo shows cannisters of Nitrious oxides close to the bed Olamide sat on in the photo.      He alleged that Olamide pumped the gas into the balloon and was inhaling it.   Nitrous oxide is a gas that is inhaled recreationally for its rapid but short-lived feelings of euphoria, relaxation, calmness, and sense of detachment.