The Central Bank of Nigeria (CBN) has announced that it will continue to fund railway developments in Lagos State, despite the fact that N45 billion has already been disbursed for the state’s Blue Line project. Yusuf Philip Yila, Director, CBN Development Finance, announced this in Lagos yesterday during an inspection …
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Flutterwave In Talks To Triple Valuation To $3 Billion
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure that would roughly triple its last valuation, according to people with knowledge of the matter. The startup, which has offices in Lagos, Nigeria and San Francisco, recently held discussions with …
Read More »Recruit Your Kids – Nigerians Slam Fayemi Over Call For NYSC Members To Fight
Recruit your kids – Nigerians slam Fayemi over call for NYSC members to fight Boko Haram Governor Kayode Fayemi has come under attack for urging President Muhammadu Buhari to turn National Youth Service Corps (NYSC) camps into security training grounds and recruit “willing and able” graduates to join the military …
Read More »Buhari’s N20b Budget For President’s Medical Unit Exceeds 14 Teaching Hospitals
President Muhammadu Buhari plans to pump over N20 billion into the construction of a new presidential wing at the State House Clinic which he rarely uses, an amount that far outstrips allocations for new and ongoing projects in 14 federal teaching hospitals, an analysis of the 2022 budget shows. The …
Read More »South African Mother Of 3 Accuses 2 Nigerians Of Raping Her In Cape Town
A South African woman has been left traumatised after she was kidnapped and raped for four days by two men she claimed to be Nigerians. The 35-year-old mom of three from Gugulethu, Cape Town, said she received a call inviting her for a job interview in Tyger Valley Mall last Monday …
Read More »2022 Budget: Reps Panel Demands Extra N500b For Rehabilitation Of Nigerian Roads
The Chairman of the House of Representatives Committee on Works, Abubakar Kabir (APC, Kano), has described the allocation to the Federal Ministry of Works and Housing as “inadequate.” N450.02 billion is proposed as capital expenditure for the ministry, N15,05 billion for personnel costs, and N16.5 billion for overheads. The lawmaker, …
Read More »Activists Announce Events To Mark The First Anniversary Of The End SARS Protests
Several activists, led by Omoyele Sowore, have announced a line up of activities to mark the first anniversary of the End SARS protests. The activities include: Friday, October 15th, 2021: Jumat Service at Jumaat Suadr Central Mosque, beside MRS Filling Station (by the pedestrian bridge), Ojota, Lagos. Saturday, October 16th, 2021: Traditional …
Read More »US Indicts 11 Nigerians For $9 million online fraud schemes in New York
Damian Williams, the United States Attorney for the Southern District of New York, and Patrick J. Freaney, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service (“Secret Service”), announced today the unsealing of an Indictment charging 11 defendants with conspiracy to commit money laundering, …
Read More »Amira Abdullahi Leads Protest Against Child Marriage In Adamawa
13-year-old girl leads call for legislation against underage marriage in Adamawa Minors in Adamawa State have sought the protection of underage girls from early marriages through the enactment of child rights protection bill that will stop parents from giving them out for marriage until they complete secondary school. This is …
Read More »Ifeanyi Ubah Stopped By Traders From Campaigning At Alaba Market: Video
Traders at Alaba Market in Lagos stop YPP Governorship candidate, Ifeanyi Ubah from campaigning. They also insisted that what they want is Biafra.
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