President Tinubu Orders Dangote, BUA, Others To Revert To Old Prices Of Cement President Bola Ahmed Tinubu has instructed cement companies in Nigeria to return to previous prices following the increase in the cost of the commodity. Nigeria’s Minister of Works, David Umahi, disclosed the President’s verdict yesterday during his visit to the BUA cement factory in Sokoto State.“Mr President insisted that they should go back to the status quo as far as this cement price is concerned for the common man.“I want to encourage them to abide by the…
Year: 2024
Tinubu’s Govt Slams $10 Billion Fine On Binance
Tinubu’s Govt Slams $10 Billion Fine On Binance Binance, a cryptocurrency trading platform, has been hit with a hefty $10 billion fine by the Federal Government of Nigeria. The Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, Bayo Onanuga, confirmed the latest development during an interview with BBC on Friday (today). According to Onanuga, the reason behind this substantial fine is Binance’s involvement in illicit activities that have significantly contributed to the devaluation of Nigeria’s currency, the naira, in recent times. He pointed out that Binance has…
Step-By-Step On How To Link NIN, BVN To Your Bank Account
Step-By-Step On How To Link NIN, BVN To Your Bank Account Recently, the Central Bank of Nigeria (CBN) mandated all bank customers to connect their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank accounts. In a circular dated December 1st, 2023, the apex bank instructed banks to impose restrictions on all Tier 1 bank accounts lacking a BVN, a development that has raised concerns among citizens who had previously queued in their various banks to link their BVNs to their respective accounts. Tier 1 accounts are…
Full List: US, UK, Canada, Other Countries Where Binance Have Been Banned, Restricted
Full List: US, UK, Canada, Other Countries Where Binance Have Been Banned, Restricted Recently, some countries implemented measures to block and restrict access to the websites of prominent global cryptocurrency exchanges and virtual digital asset services providers like Binance, Kucoin, OKX, and others. Notably, major economies such as China, India, Turkey, and Nigeria have imposed restrictions on crypto trading. It is worth noting that the authorities have expressed concerns regarding the potential involvement of these exchanges in money laundering activities, aiding tax offenders, or facilitating crypto scams. Over the past…
The ten African nations with the smallest rates of unemployment in 2024
The ten African nations with the smallest rates of unemployment in 2024 In Africa, unemployment is still a major issue. These are not abstract figures; these are actual individuals with actual problems in their lives. Ten of the African nations with the lowest unemployment rates are highlighted by Business Insider Africa. With a 0.49% unemployment rate, Niger tops the list. Statista is the source of the list. Business Insider Africa said in a previous piece that while African governments have launched some programs to address the problem, their influence has…
Rapper Ikechukwu Onunaku acknowledges his three-year marriage to his wife
Rapper Ikechukwu Onunaku acknowledges his three-year marriage to his wife Claiming ‘irreconcilable disagreements’ as the reason, he then said that his ex-wife attempted to dehumanize him. After three years of marriage, Nigerian rapper Ikechukwu Onunaku has announced his split from his wife Ella On Thursday, February 22, 2024, the singer shared the announcement on the social network via a livestream discussion with media personality Daddy Freeze. Upon being questioned about what transpired between him and Ella, Onunaku initially stated that the disagreement sprang from one of her friends. “Her friend…
According to people familiar with the matter, Rowland was surprised by host Savannah Guthrie’s questions regarding Beyoncé, according to a recent article
According to people familiar with the matter, Rowland was surprised by host Savannah Guthrie’s questions regarding Beyoncé, according to a recent article Kelly Rowland abruptly left the Today show last Thursday, April 13, for an episode that has generated a lot of talk and conjecture. However, contrary to what was first reported, her dressing room was not the cause. Rather, a recent article from TheWrap claims that people with knowledge of the matter have disclosed that Rowland was startled by host Savannah Guthrie’s incessant questions regarding Beyoncé, which caused her…
Ayra divulges how her mother “blackmailed” her with songs
Ayra divulges how her mother “blackmailed” her with songs “I feel like my mum has been exploiting music to blackmail me since I was a child,” she laughed. Nigerian musician Ayra Starr has revealed how her mother inspired her to take action by telling her that she will pursue music. In an appearance with Billboard, the Grammy-nominated performer recounted how her mother had agreed to let her pursue music as long as she completed formal schooling first. Starr was able to enter the university at the tender age of 14…
Address Insecurity To Increase Food, Oil Production In Nigeria – Peter Obi Tells Tinubu
Address Insecurity To Increase Food, Oil Production In Nigeria – Peter Obi Tells Tinubu The 2023 presidential candidate of the Labour Party and former Governor of Anambra State, Peter Obi, has expressed the belief that resolving the security challenges in Nigeria will lead to a significant boost in food and oil production. Obi expressed this view in a recent statement posted on social media. In the X (Twitter) thread, Obi criticized the Monetary Policy Committee’s decision to raise the Monetary Policy Rate (MPR) to 22.5% and the Cash Reserve Ratio…
Vandals Destroy Abuja Transmission Line, Worsen Electricity Supply
Vandals Destroy Abuja Transmission Line, Worsen Electricity Supply The electricity shortage in the Federal Capital Territory (FCT), has been exacerbated by the recent vandalism of Tower 70 along 330kV Gwagwalada -Katampe. It is worth noting that, Abuja, known as Nigeria’s city of power, has been experiencing frequent power outages due to insufficient supply to the Abuja Electricity Distribution Company (AEDC). The root cause of this issue has been attributed to the inadequate electricity generation by power generation companies, who claim that the heavy debts owed by distribution companies prevent them…