The Federal Government on Friday denied sponsoring bills purportedly meant to gag the press and regulate social media. Recall that the Minister of Information and Culture, Lai Mohammed, had urged the House of Representatives to National Broadcasting Commission Act. The Minister made the call at the public hearing on a …
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Kano Private School Starts Accepting School Fees In Cryptocurrency
A private school in Kano State, New Oxford Science Academy, Chiranchi, says it has started accepting payment of school fees in cryptocurrency. The school proprietor, Sabi’u Musa-Haruna, told newsmen on Thursday. According to him, the decision was arrived at after due consultation with parents. Mr Haruna added that the decision …
Read More »Tony Elumelu & Children Celebrate His Wife, Awele On 51st Birthday (Video)
Businessman and philanthropist Tony Elumelu on Wednesday celebrated his wife Dr Awele Elumelu on her 51st birthday, Newsextra24 reports. The founder of Heirs Holdings led his children in making a video which they posted on social media with messages for Mrs Elumelu, founder of Avon Medical. “Just to remind you …
Read More »$430 Million Enugu-Cameroon Highway To Be Ready Before End Of 2021- AfDB
The African Development Bank (AfDB) has stated that the $430 million highway connecting the South East region of Nigeria from Enugu to Bamenda, in Cameroon will be finished before the end of the year. This was disclosed by the Bank’s President, Akinwunmi Adesina at the 59th Ordinary Session of …
Read More »Kano Bakers Threaten Indefinite Strike Over IRS, Others Flour Price Hike
Barely one week after they called off a three-day warning strike, bread makers and Gurasa Bakers Association of Kano state has threatened to embark on indefinite strike if IRS, Super and Golden Confectionery fail to reverse the price of flour. Gurasa is a Kano indigenous local bread made up of …
Read More »Nigeria’s FDI Inflows Increased 4% To $2.4bn In 2020 – UNCTAD
Foreign Direct Investment (FDI) inflows to Sub-Saharan Africa decreased by 12 per cent to $30 billion, with investment growing in only a few countries. In West Africa, inflows to Nigeria increased slightly, from $2.3 billion in 2019 to $2.4 billion. This is contained in the United Nations Conference on Trade …
Read More »Mafia Groups Frustrating Anti-corruption War –ICPC
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), yesterday, disclosed that ‘mafia’ groups with unwholesome interests in different sectors of the economy have been frustrating the fight against corruption in Nigeria. Chairman of the ICPC, Prof Bolaji Owasonoye, stated this in Abuja at the unveiling of “Corruption Tori …
Read More »Standard Chartered To Replace China Loans For Rail Projects In Nigeria
Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected to cost as much as $14.4 billion, replacing earlier plans to source the loans from Chinese banks, Transport Minister Rotimi Amaechi said. President Muhammadu Buhari’s administration and the London-based lender are discussing financing …
Read More »Chaka Becomes The First Startup To Receive SEC License For Stock Trading In Nigeria
Chaka becomes the first startup to receive SEC license for digital stock trading in Nigeria After months of uncertainty regarding regulations, Chaka has received a license from Nigeria’s Securities and Exchange Commission (SEC) to operate its digital platform for buying and selling stocks. Chaka becomes the first to acquire the digital …
Read More »NNPC, EFCC, DSS, Others Partner To Go After Oil Thieves, Smugglers
The Nigerian National Petroleum Corporation (NNPC) is partnering the Economic and Financial Crimes Commission (EFCC), and relevant agencies to curtail petroleum products smuggling and crude oil theft. Others are Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria Customs Service (NCS), Nigeria Security and Civil Defence Corps (NSCDC). A stakeholders’ …
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