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Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged by Afreximbank, with repayment terms tied to crude cargoes from the Nigerian National Petroleum Company Ltd. According to Bloomberg, Afreximbank’s …

Singer Peruzzi has reacted with a video to the news of popular Nigerian singer Davido purchasing a jet. The artiste was captured in the clip speaking about how he had no idea that Davido was purchasing a brand new jet. Earlier today, news of Afrobeat singer, Davido purchasing a Bombardier jet has been circulating …

Nigerian singer Naira Marley has been receiving backlash from netizens after a video of him seemingly mocking Mohbad’s wife, Wunmi regarding the DNA test saga was shared online. The clip captured Naira Marley and some of his friends singing ‘DNA is needed’ which indirectly questioned the paternity of Liam. Recall that there have been several back-and-forths …