By Margret Oshinowo The disbursement of the Presidential Conditional Grant Scheme to verified applicants after an exhaustive selection process has begun, says, The Ministry of Industry, Trade and Investment. The government said this through the Bank of Industry, that the disbursing will be in three categories of funding totalling N200bn to support manufacturers and businesses…
By Afolabi Hannah Ondo State’s Governor Lucky Aiyedatiwa has pledged to the citizens that he will carry out the Ondo Seaport project should he win the election. The commitment was made in Igbokoda, the Ilaje local government’s administrative center, as part of his ongoing campaign tour before the state’s party governorship primary this Saturday. Aiyedatiwa…
By Afolabi Hannah The National Examinations Council (NECO) has postponed the 2024 National Common Entrance Examination for entry into Federal Unity Colleges and the admission test for the Federal Government Academy, Suleja. The announcement was disclosed to the press in Abuja on Tuesday by Azeez Sani, the interim Director of Information and Digital Communication at…
By Margret Oshinowo The Joint Admissions and Matriculation Board (JAMB) has banned the use of smart watches, lenses (unprescribed glasses), calculators, smart rings, pens, bluetooth devices, and flash drives in the 2024 Unified Matriculation Examination (UTME). The board also warned candidates taking the exam from bringing those prohibited items into the examination halls for their…
By Margret Oshinowo The Akwa Ibom Governor, Umo Eno, has authorised the immediate release of N1.4bn for further payment of gratuities in fulfilment of his campaign promise. The Chief Press Secretary to the governor, Ekerete Udoh revealed this in a press statement on Tuesday. According to the press statement, a breakdown of the payment showed…
Shittu Agboola, the head coach of Nigeria’s U-18 women’s handball team, has made an appeal to the sports ministry for assistance as the team gears up for the upcoming Women’s U-18 Handball World Championship. The event’s 10th iteration is set to take place from August 14 to 25 in Chuzhou, China. Nigeria finds itself in…
The naira is witnessing a revival against the US dollar, with an increase to N1,136/$ in the official exchange and N1,050/$ in the informal exchange at the end of Monday’s trading session. Market participants forecast that the dollar might decline to below N1,000 by week’s end. At the regulated foreign exchange market, figures from the…
The Federal Government, as stated by National Security Adviser Nuhu Ribadu, has successfully secured the release of over 1,000 individuals who had been kidnapped, without conceding to ransom demands. This announcement came as Ribadu welcomed the return of 22 individuals associated with the Federal University of Gusau in Zamfara State, who were recently liberated. The…
The Nigerian Communications Commission, NCC, has advised telecommunications subscribers to opt for strong passwords to prevent unauthorized access to their mobile devices. The NCC gave this advice through its official Facebook page, Cyber security remains one of the big problems confronting Nigeria’s digital space but NCC believes that with conscious efforts, the security threat could…
The Nigerian Communications Commission, NCC, in line with its duties outlined in the Nigerian Communications Act 2003, has unveiled a treasure trove of draft regulatory instruments on its official online domain. It said this move beckons stakeholders to engage in a symphony of collaboration, offering their insights and perspectives to shape the future landscape of…
Minister of Finance, Wale Edun, says Nigerians are saving in Dollars because they have lost faith in Naira. He noted that the recent appreciation of Naira’s value showed that Nigeria’s effort to boost its currency is yielding results. He disclosed this during his recent presentation to top business leaders in Lagos. He said the country…
The remains of the Nollywood make-up Artist, late Ms Abigail Edith Frederick who died alongside popular actor, Junior Pope and three others in a boat accident last week has been laid to rest in her hometown, Ikot Udoma, in Eket Local Government Area of Akwa Ibom State. Late Abigail Frederick, a graduate of Theater Arts…
Untraceable lightning strikes accompanied by torrential rains have resulted in the tragic loss of at least 36 lives, predominantly among the farming community, across various regions of Pakistan over the past three days. Authorities have declared a state of emergency in the southwestern part of the country in response to the calamity. The fatalities occurred…
President Joe Biden has cautioned Israeli Prime Minister Benjamin Netanyahu that the United States will abstain from engaging in a retaliatory campaign against Iran. Netanyahu’s war cabinet leans towards retaliatory measures in the wake of a significant drone and missile assault by Iran’s Revolutionary Guard on Israeli soil. The looming prospect of direct conflict between…
French President Emmanuel Macron has raised the possibility of relocating the Paris Olympics opening ceremony away from the River Seine amidst concerns over heightened security risks. Macron suggested that the ceremony might be relocated to the Trocadéro, situated opposite the Eiffel Tower, or even to the traditional venue, the Stade de France. The move comes…
The National Youth Service Corps (NYSC) has disclosed the strategic sequence for the forthcoming 2024 Batch A Stream Two Orientation Course. The directive, articulated by the Director of Public Relations, Eddy Megwa, underscores the imperative of optimizing camp capacity and ensuring a conducive environment for all prospective corps members (PCMs). Given the overwhelming number of…
The Nigerian Naira has surged to N1000 per US dollar as trading commenced on Monday in the foreign exchange market. This revelation was made by Mistila Dayyabu, a prominent Bureau De Change operator, in an exclusive disclosure to news men Dayyabu further anticipates a continued appreciation of the Naira, projecting it to dip below the…
By Afolabi Hannah In recent years, remote work has transitioned from a niche trend to a mainstream phenomenon, reshaping the way businesses operate and employees work. The rise of remote work has been fueled by advancements in technology, shifting attitudes towards work-life balance, and the global response to the COVID-19 pandemic. As remote work becomes…
Governor Umaru Bago of Niger State has declared a state of emergency over insecurity in the state following an increase in violent activities of thugs in the state capital. He made the declaration during his speech at a Sallah Durbar festival organised by the former governor of the state Babangida Aliyu on his farm in…
The federal government of Nigeria led by Bola Ahmed Tinubu has been advised by workers under the guidance of Federal Workers Forum, FWF not to devalue naira after implementation of the new national minimum wage on Sunday. The Nigeria Labour Congress, NLC, has been pushing for a new national minimum wage since the removal of…
At least 19 passengers have been reported dead in a road accident that occurred at Kilometre 3, Sabo on Oyo-Ogbomoso Expressway in Oyo Town on Sunday. The accident involved a Sokoto-bound white Toyota Hiace 18-seater bus with registration number NTT 522 ZY and a black Toyota saloon car. It was gathered that the victims died…
The Economic and Financial Crimes Commission (EFCC) says several celebrities involved in Naira abuse are being investigated. According to the anti graft agency, some of them have made useful statements to the Commission and many more have been invited by investigators working on the matter. The EFCC says that there won’t be sacred cows. In…
Sunshine and thunderstorms have been forecasted by the Nigerian Meteorological Agency, NiMet from Monday to Wednesday nationwide. NiMet released a weather outlook on Sunday in Abuja, predicting sunny skies on Monday with a few patches of cloud over the northern cities and prospects of thunderstorms over parts of Taraba later in the day. According to…
Popular singer and half of P-Square, Paul Okoye, aka Rudeboy, has hinted at remarrying. The ‘Reason With Me’ crooner dropped the hint while scolding fans for wishing his divorce from his ex-wife to be toxic. He stated that he would not succumb to their wishes, urging them to accept the reality that he is with…
The Economic and Financial Crimes Commission, EFFC, said it has redoubled its investigation into the culpability of bank Chief Executive Officers, CEOs, in the mismanagement of COVID-19 funds and World Bank loans. This is contained in a statement by its spokesman, Dele Oyewale, on Sunday in Abuja. The statement said that also under probe is…
According to the National Bureau of Statistics, NBS, data, Nigeria’s inflation rate increased to 33.2% for March 2024. This is a 1.5% increase from the 32.7% recorded in February this year. Details on this report are coming. Meanwhile, the World Bank said that Nigeria’s inflation rate will remain high at 24.8 percent year-on-year, YoY, in 2024. The World Bank also reaffirmed its…
One of the 276 abducted schoolgirls of Government Girls’ Secondary School, Chibok, in Borno State, Amina Ali Nkeki has revealed that some of her mates, in the captivity of Boko Haram, have four children each. Amina made this revelation in an interview on Channels Television’s Sunrise Daily on Monday. Recall the 276 Chibok girls were…
By Afolabi Hannah Manufacturers have expressed concern over the soaring cost of diesel, which is used to power their operations. They claim that diesel now accounts for approximately 80% of their profits. The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, stated that manufacturers should not be held responsible for increasing product…
By Afolabi Hannah The fare battle sparked by the reduction of airfare on the Lagos to London route by Air Peace has sparked concerns in the aviation sector over the apparent strategy of foreign airlines to drive the Nigerian carrier out of business. Mixed reactions have already surfaced in the industry over the unexpected price…
Investors have been retreating from the stock market, particularly in the banking sector, following the Central Bank of Nigeria’s (CBN) announcement of a proposed recapitalization of banks. This cautious sentiment has resulted in a loss of N633 billion as investors have been cashing out of bank stocks. Consequently, the total value of all listed stocks…
A 63-year-old man named Lukman Odejoju has been arrested for allegedly killing his mother, Aminat Odejoju, over a disagreement about the proceeds from their palm oil farm. The incident occurred at Kajola village, Apomu, in Isokan local government area of Osun State. According to sources in the community, the mother and son had a disagreement…
