NEWS

Nigeria’s Inflation Dip and the ₦2.4 Trillion FAAC Revenue Surge: How It Affects Citizens

17Oct

By SNOW TV NEWSNo Comments

Nigeria’s Inflation Dip and the ₦2.4 Trillion FAAC Revenue Surge: How It Affects Citizens

The financial framework of Nigeria’s economy is experiencing a critical period of adjustment. As the federal government continues to implement aggressive fiscal reforms, newly released data from the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) provide a complex look at the nation's current economic trajectory.For everyday citizens and local business owners, understanding these macroeconomic shifts is essential for navigating the current market realities.Breaking Down the NBS Inflation ReportAccording to the latest official report from the National Bureau of Statistics, Nigeria’s headline inflation rate dropped to 14.63%. This deceleration offers a slight breather after months of intense inflationary pressures that heavily impacted c...

GTI Human Rights Advocate School Safety And Security In Nigeria.

17Oct

By SNOW TV NEWSNo Comments

News

GTI Human Rights Advocate School Safety And Security In Nigeria.

Call For Strengthened School Security, Community Intelligence Sharing And Protection Of Students And TeachersIn view of the recent attacks and security threats targeting primary and secondary schools in different parts of Nigeria, Guard Time Information (GTI), Human Rights Activists Nationwide, has called for stronger collaboration among schools, parents, communities, security stakeholders and relevant government security agencies to protect the lives and safety of students, teachers and other members of the school community.The Chairman of Guard Time Information, Comrade Bibi Oduku, made the call in Abuja on Monday, stressing the urgent need for communities and educational institutions to strengthen security awareness, intelligence sharing and rapid communication with relevant...

UPDATE: Residents of Ibeju Lekki and its environs suspended her proposed peace match over failed power supply by the EKEDC.

16Oct

By SNOW TV NEWSNo Comments

News

UPDATE: Residents of Ibeju Lekki and its environs suspended her proposed peace match over failed power supply by the EKEDC.

The Residents of Ibeju Lekki, have officially announced the suspension of her planned peace match against the EKEDC, over shortage of electricity in the community for over four months.Affected communities include. Gbetu Community, Ibeju lekki, Tedo Housing Estate, Sangotedo (covers all zones under THERA). Ashela Royal Estate, Alashela, gombo. And more According to the leaders and community head, they came to consensus after a brief meeting.The official message read below.DEAR RESIDENT. Following the widespread support for the proposed peaceful march, a high-level meeting was convened with the Commissioner for Power, the Regional Director of DSS, the Commissioner for Works, the MD of EKEDC, and other stakeholders to review the situation.The Security AdviceSecurity reports indicated...

The Global Rise of Nollywood: Why Local Streaming Platforms are Changing the Game for Nigerian Creators

16Oct

By SNOW TV NEWSNo Comments

Entertainment

The Global Rise of Nollywood: Why Local Streaming Platforms are Changing the Game for Nigerian Creators

The architectural landscape of the African entertainment industry is experiencing an unprecedented international expansion. Historically, independent Nigerian filmmaking was defined by hyper-localized distribution models and rapid production timelines. Today, however, a critical structural shift toward character-driven realism and premium production value is positioning Nollywood as a dominant force on the global stage.A prime indicator of this momentum is the official selection of the highly anticipated Nollywood drama, Her Daughters' Mother, to screen at the prestigious Film Africa 2026 festival in London. This milestone underscores a growing international appetite for authentic, unfiltered African stories.Moving Beyond Old Clichés to Premium RealismFor years, mainstream digi...

JUST IN: CAF Awards, 15-man facilities inspection team arrives Nigeria today

16Oct

By SNOW TV NEWSNo Comments

Sports

JUST IN: CAF Awards, 15-man facilities inspection team arrives Nigeria today

The Confederation of African Football (CAF) will send a 15-member delegation to Nigeria today, October 16, for a final inspection of facilities ahead of the 48th Ordinary General Assembly and the 2026 CAF Awards. The inspection will evaluate preparations for the two events, scheduled to take place in Abuja and Lagos in November and December, respectively.The 48th CAF Ordinary General Assembly is scheduled for 21 November at the Bola Ahmed Tinubu International Conference Centre, Abuja, while the 2026 CAF Awards will take place on 7 December at the Wole Soyinka Centre for Culture and Creative Arts in Lagos.The delegation will be led by CAF’s Head of Safety and Security, Christian Emeruwa, and will arrive in Lagos on Friday afternoon.In Lagos, the officials are sc...

Nigeria is better with Tinubu as president – Bayo Onanuga says

16Oct

By SNOW TV NEWSNo Comments

News

Nigeria is better with Tinubu as president – Bayo Onanuga says

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has countered with the claim that Nigeria is worse off than before since Tinubu came to power in 2023.He also criticized some journalists for questioning the reported decline in inflation and insisting that Nigeria has made little or no progress under the current administration.Onanuga, during the interview, accused the news anchors of promoting the opposition’s narrative. He argued that food prices had dropped and that the country had recorded significant economic gains since Tinubu assumed office in 2023.The presidential media aide, in a statement shared on 𝕏, in the early hours of Friday, was reacting to an interview on Arise News.He also dared the presenters to visit markets to a...

JUST IN: FG Reopens First Niger Bridge After Rehabilitation

16Oct

By SNOW TV NEWSNo Comments

News

JUST IN: FG Reopens First Niger Bridge After Rehabilitation

The Federal Government has officially reopened the First Niger Bridge after a 38-day closure. This is to restore vital transit connectivity between Onitsha in Anambra State and Asaba in Delta State. The opening ceremony was led, by the Minister of Works, Dave Umahi on Thursday, October 15, alongside federal and state officials, and traditional rulers from both Anambra and Delta states. Recall that the 1965-constructed bridge was originally closed on September 7, 2026. for emergency rehabilitation following the discovery of severe structural vandalism, including damaged expansion-joint steelwork. Although initially slated for reopening on September 21, the closure was extended due to heavy rainfall and unforeseen engineering challenges. Performing the inau...

Three men arrested for allegedly impersonating Tunde Ednut of N18.2m.

16Oct

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News

Three men arrested for allegedly impersonating Tunde Ednut of N18.2m.

The Economic and Financial Crimes Commission (EFCC) has arraigned Mr. Raymond Charles Yafetus, Auwal Ibrahim, and Babangida Yahaya. Before Justice S. O. Ibrahim of the Federal High Court, Abuja, for allegedly impersonating Tunde Ednut, a Nigerian blogger and brand influencer The commission said the men were arraigned on a three-count charge bordering on cybercrime, conspiracy to commit fraud, impersonation, and obtaining money by false pretence to the tune of N18,264,700 (Eighteen Million, Two Hundred and Sixty-Four Thousand, Seven Hundred Naira).“That you Raymond Charles Yafetus, Auwal Ibrahim and Babangida Yahaya Ibrahim (now at large) between April and June 2026 at Abuja within the jurisdiction of this Honourable Court with the intent to defraud, did fraudulently imper...

Moment Nenwe community banished a man for impregnating his daughter, in Enugu state {VIDEO}

16Oct

By SNOW TV NEWSNo Comments

Life Style

Moment Nenwe community banished a man for impregnating his daughter, in Enugu state {VIDEO}

A popular community in Nenwe Enugu State, have banished a man for impregnating his daughter. The community spokesman, during his remark pointed out that the Nenwe community forbids close relatives marrying each other less having anything close to sexual intimacy. He however referred to that as an abominable art.In the viral video circulating on social media, review the entire village both men, women and children during the pronouncement The pronouncement ended with a round local gun shot, mass jubilation as the villages celebrated with powder.Watch Video Herehttps://www.instagram.com/reel/DeizXiJtB98/?utm_source=ig_web_copy_link&mdxt=MzRlODBiNWFlZA==&srtk=MzRlODBiNWFlZA==https://youtu.be/B8OZHw-V6Go?si=NutjgaDZ_pgwE8Wn

Abuja High Court Fixes Dates For Gbajabiamila’s ₦15 Billion Defamation Suit

15Oct

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News

Abuja High Court Fixes Dates For Gbajabiamila’s ₦15 Billion Defamation Suit

The High Court of the Federal Capital Territory (FCT), Abuja, has fixed November 9, 10 and 13 for the trial of a ₦15 billion defamation suit instituted by the Chief of Staff to the President, Femi Gbajabiamila, against Prince Adeniyi Adeyemi Matthew.Justice Samira Bature on Thursday fixed the dates following a disagreement between counsel over the defendant’s failure to file his defence within the prescribed period.At the resumed proceedings in suit number FCT/HC/CV/3179/2026, counsel to the defendant, M.P. Usman, informed the court that he had filed a memorandum of appearance on Wednesday, October 14, and sought additional time to file his client’s defence.However, counsel to Gbajabiamila, Kemi Pinheiro (SAN), and Olukayode Enitan (SAN), opposed the request, arguing th...