Tag: Naija News

BREAKING: Ramadan Fast Commences As Crescent Moon Is Spotted In Saudi Arabia

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BREAKING: Ramadan Fast Commences As Crescent Moon Is Spotted In Saudi Arabia The sighting of the crescent moon in Saudi Arabia has been confirmed, marking the start of the Holy month of Ramadan. It was observed on Sunday evening, indicating that March 10 will be the last day of the month of Sha’ban. Consequently, the Holy Month will commence on Monday, March 11. The commencement and conclusion of Ramadan are determined by the lunar Islamic calendar, which allows months to span either 29 or 30 days, depending on the sighting…

JUST IN: Fire Guts Kano Electricity Transmission Station

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JUST IN: Fire Guts Kano Electricity Transmission Station On Sunday, a fire broke out at the Dan’agundi Transmission Station, a crucial electricity supply hub that serves a significant portion of metropolitan Kano. Reports revealed that the fire incident resulted in the damage of high-performance capacity transformers. As per a representative from the Kano Transmission Company (TCN), currently, two transformers have been impacted by the fire, while the remaining two remain unaffected and in proper working condition. “I am also out of the office but they just reported to me that…

The SEC creates rules for providers of digital assets in order to prevent money laundering

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The SEC creates rules for providers of digital assets in order to prevent money laundering Amid the FG’s recent efforts to stop illicit cryptocurrency trading in the nation, new regulations to further regulate cryptocurrency trading have been introduced. New regulations have been released by the Securities and Exchange Commission (SEC) to oversee the licensing, registration, and background checks of virtual asset service providers (VASPs). VASPs are platforms that manage virtual asset transfers and facilitate exchanges between virtual assets (cryptocurrencies) and fiat currency, according to the Central Bank of Nigeria (CBN).…

In 2023, more than 700 factories will cease operations – MAN

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In 2023, more than 700 factories will cease operations – MAN The Tinubu administration’s naira harmonization has put a lot of strain on Nigeria’s manufacturing sector. Manufacturers in Nigeria have expressed regret over the worsening economic situation, which has caused 767 firms to cease operations and 335 to experience financial difficulties in 2023. The stopping of commercial operations by the impacted companies comes amid growing inflation, unstable exchange rates, and other economic issues that have made investment conditions worse, according to the Manufacturers Association of Nigeria (MAN). MAN also voiced…

Netflix is showing the Bashorun Ga movie by Bolanle Austen-Peters

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Netflix is showing the Bashorun Ga movie by Bolanle Austen-Peters The 18th century, during which Bashorun Ga’a was a kingmaker in the former Oyo empire, is the setting for the biography. Before the conclusion of 2024, House of Ga’a, a historical drama about the life of the notorious Bashorun Ga’a, will be available to view on Netflix. The revelation was made on March 6, 2024, a Wednesday, during an International Women’s Day celebration hosted by the streaming behemoth to honor notable female actors, directors, producers, and other members of the…

Suspected Bandits Kill 16 In Fresh Benue attack

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Suspected Bandits Kill 16 In Fresh Benue attack A group of gunmen suspected to be bandits have reportedly attacked several communities in Gwer East Local Government Area of Benue State, resulting in the tragic loss of 16 lives. Reports revealed that the unfortunate incident occurred just a day after rival militia groups unleashed terror on the Gbagir community in Ukum LG, claiming the lives of at least 40 individuals. The recent attack, which took place on Thursday, witnessed the bandits going on a killing spree and targeting approximately 11 communities.…

Two Killed As Armed Robbers Attack Banks In Kogi

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  Two Killed As Armed Robbers Attack Banks In Kogi There was tension in the Dekina Local Government Area of Kogi State earlier on Thursday after gunmen launched an assault on two commercial banks in Anyigba. The robbery incident resulted in the deaths of one security officer and one civilian. The incident, captured in a video that has circulated widely on social media, occurred around five o’clock in the evening on Thursday. Witnesses reported hearing sporadic gunshots throughout the operation. Upon their arrival in the town, the robbers initially targeted…

BREAKING: Tinubu Suspends REA Managing Director, Makes Five Fresh Appointments

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BREAKING: Tinubu Suspends REA Managing Director, Makes Five Fresh Appointments President Bola AhmedTinubu has given his approval for the indefinite suspension of the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad. In addition to Ahmad, three other agency Executive Directors were suspended after the President made a fresh appointment. The development was confirmed in a statement issued on Thursday (today) by the presidential spokesman, Ajuri Ngelale. The other individuals affected by the President’s decision are the Executive Director of Corporate Services, Olaniyi Alaba Netufo; the executive director…

President Tinubu Signs Executive Order On Oil And Gas Reforms

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President Tinubu Signs Executive Order On Oil And Gas Reforms President Bola Ahmed Tinubu has taken a significant step towards enhancing investments in Nigeria’s oil and gas sector by signing an executive order on oil and gas reforms. The latest action by the Renewed Hope administration aims to eliminate barriers to investments, maximize the nation’s resources, and promote economic diversification for the betterment of all Nigerians. According to a statement released by Ajuri Ngelale, the Special Adviser to the President, on Wednesday, the President has implemented policy directives to enhance…

I Am Willing To Resign For Peace To Reign in Rivers—Fubara

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I Am Willing To Resign For Peace To Reign in Rivers—Fubara The Governor of Rivers State, Siminalayi Fubara, has declared that he is willing to give up his office to maintain peace in the oil-rich state. Fubara made this statement during an interview with AIT on Thursday. According to him, there is no sacrifice too big to offer for his administration to succeed. Fubara, who reiterated his commitment to serving the people in their best interest, said: “No sacrifice will be too big for me to pay for the success…