President Muhammadu Buhari has approved the composition of the Federal Government’s Team to engage with Twitter over the recent suspension of the operations of the microblogging and social networking service in Nigeria. Newsextra24 gathered that the approval was announced in a statement in Abuja on Tuesday by the Minister of Information …
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Only ₦3 Billion Released From ₦12.5 Billion Youth Investment Fund
Barely days to the end of the second quarter of this year, fact has emerged that only three billion naira out of the approved N12.5 billion was made available for disbursement to youths under the Nigeria Youth Investment Fund (NYIF). The Ministry of Youth and Sports Development last year got approval …
Read More »Lagos Becomes Africa’s Start-Up Capital, Ibadan Takes Nigeri’s No 2 Spot
Lagos dethrones Nairobi as Africa’s startup capital as Ibadan takes Nigeria’s No. 2 spot Lagos, Nigeria’s most populous city, has surpassed Nairobi, Kenya and is now the highest-ranking city in Africa, gaining 5 spots to 122nd. Kenya now ranks 136th. Lagos among Top 50 global cities for E-commerce & Retail …
Read More »Dapo Apara: Stop Tinubu From Controlling Alpha Beta – Ex-MD Begs Court
Stop Tinubu from controlling Alpha Beta, ex-MD begs court A former Managing Director of Alpha Beta LLP, Mr. Dapo Apara, has filed a suit before a Lagos State High Court asking it to stop a former Governor of Lagos State, Bola Tinubu, from controlling the finances of Alpha Beta. In …
Read More »Eleme Co-Operative: CSOs Warn First Bank Over Disobedience To Court Orders
A coalition of civil society groups under the aegis of Civil Society Organizations in Defence of Justice have petitioned the Chairman, Economic and Financial Crimes Commission EFCC, Abdulrasheed Bawa to flush out personnel who are fond of abusing court orders, saying the commission should be seen as obeying the rule …
Read More »Return Of Fuel Subsidies Disturbing, IMF Tells FG
In a virtual meeting with the representatives of the Federal Governmen, the mission of the International Monetary Fund stated that the resurfacing of fuel subsidies was concerning. The IMF mission led by Jesmin Rahman , according to a press release, expressed its concerns about rising fuel subsidies to the Nigerian authorities during …
Read More »A Visit To Ibom Agricon Rice Factory (photos)
COMPANY TOUR: AKWA IBOM STATE YOUTHS ENTREPRENEURIAL DEVELOPMENT PROGRAMME PARTICIPANTS VISIT IBOM AGRICON RICE FACTORY Participants in the Akwa Ibom State Youths Entrepreneurial Development Programme tagged “My Entrepreneurship Goals Programme” (MEGP) today as part of their course work embarked on a field trip/company tour to the Ibom Agricon rice factory, …
Read More »Emefiele Bribes, Silences Lawmakers With Bureau De Change Licences
The Governor of the Central Bank of Nigeria, Godwin Emefiele, is currently currying the favour of the National Assembly’s top echelon by awarding to them Bureau de Change licences. SaharaReporters learnt that principal and vocal members of the National Assembly have been awarded the licences by Emefiele so that they …
Read More »IMF: Nigeria’s Economy To Improve But Unemployment Likely To Remain
The International Monetary Fund (IMF) has projected that Nigeria’s economy could reach 2.5 percent in 2021 as incipient recovery in the economic activity takes root. The Fund said in a statement after Staff Concludes Virtual visit with Nigeria that, inflation is also expected to remain elevated in 2021. However, the …
Read More »10 Ways To Recognize Ponzi Schemes
The Ponzi scheme is one of the oldest, most notorious investment frauds in the world, with over eight thousand (3,000) schemes across the world in the past decade. At the very start, a Ponzi scheme sells the illusion of a sustainable business so long newer investors are periodically introduced into …
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