Juliet Jacob/Ogbodo Ozioma Favour Reactions have trailed ban on digital banking by the Central Bank of Nigeria (CBN). The apex bank on Monday announced the ban on several microfinance banks, including Moniepoint, Opay, and Kuda, from opening new accounts and accepting new customers. The CBN said the institutions were involved in facilitating cryptocurrency transactions…
President Bola Tinubu engaged in discussions with Microsoft Founder and Philanthropist, Bill Gates, at the World Economic Forum Special Meeting in Riyadh, Saudi Arabia, focusing on the pivotal role of technology in Nigeria’s governance. During their meeting, President Tinubu highlighted five key points: Technology as Anti-Corruption Tool: Tinubu emphasized technology’s potential to combat corruption, stating…
The National Association of Nigerian Students (NANS) has issued a stern call to the Federal government and the Nigerian National Petroleum Corporation Limited (NNPCL) to quickly address the long time fuel shortage plaguing the country. In a statement released by Senator Akinteye Afeez, President of the Senate at NANS Headquarters, On Monday,the organization expressed grave…
Widespread debate over state of origin mandatory requirement for international passport applicants by the Nigerian Immigration Service (NIS) has continue to trigger anger, worry and even condemnation or knocks. Juliet Jacob who takes a critical look at the decision by the NIS to make state of origin paper a mandatory requirement for passport seekers reports…
President Bola Tinubu, has emphasized the importance of his administration’s choice to eliminate the petrol subsidy in order to avoid bankruptcy for the country. Addressing the audience at the World Economic Forum in Riyadh, Saudi Arabia On Sunday, Tinubu explained the rationale behind the removal of petrol subsidies, emphasizing that it was essential for restructuring…
The Kwara State Police Command has intensified security measures to prevent escaped inmates from the Suleija custodial center in neighboring Niger State from entering Kwara or causing harm. The escape occurred on April 24, 2024, following a heavy rainstorm that damaged the Medium Security Custodial Centre in Suleja, allowing 118 inmates to flee. In a…
The Nigerian government has confirmed the ongoing disbursement of the N50,000 Conditional Grant Scheme, with 150,000 out of the one million targeted citizens already receiving payments. The Minister of Trade and Investment, Doris Uzoka-Anite, revealed this information through an official statement on her X handle. In her statement, she stated, “Grant disbursements are ongoing; 150,000…
In the last half of 2023, the administration led by President Bola Tinubu of Nigeria obtained an additional N3.8 trillion through what seemed to be new Ways and Means borrowing, according to recent data from the Central Bank of Nigeria (CBN). Despite assertions by the Minister of Finance and Coordinating Minister of the Economy, Wale…
Justice H.H. Kereng of the Gombe State High Court has sentenced the President of the National Association of Charcoal Producers and Exporters, NACPE, Edu Babatunde Azeez, to one year in prison over a fraud case involving N7 million. Azeez and his company, Ablims Limited, pleaded guilty to two counts of conspiracy and obtaining under false…
In a bid to tackle noise pollution and uphold environmental standards, the Lagos State Environmental Protection Agency (LASEPA) has taken decisive action, closing several organisations in the state. The Agency conducted enforcement operations in key areas including lfako-Ijaiye, Abule-Egba, Alagbado, Command, Abesan Estate, and Dopemu, several establishments have been temporarily closed down. According to a…
