Tag: Naija News

Peter Obi Awards Scholarship To Kano Keke Rider Who Returned Missing N15 Million

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Peter Obi Awards Scholarship To Kano Keke Rider Who Returned Missing N15 Million Awwalu Salisu, a 23-year-old commercial tricyclist from Kano, has been humbled with a series of rewards for his remarkable display of honesty. In 2023, Salisu found and returned a sum of N15 million left in his tricycle by a Chadian businessman. As a result, he has been granted a scholarship worth N250 million, which will support his education up to the PhD level. This generous offer was presented to Awwalu during the annual conference and awards ceremony…

Breaking: Binance Halts Service To Nigeria, To Convert Naira Balances To USDT

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Breaking: Binance Halts Service To Nigeria, To Convert Naira Balances To USDT Binance, the cryptocurrency exchange, has announced that it will no longer offer its services for Nigeria’s fiat currency, the naira. This announcement comes as a result of an ongoing regulatory conflict in the country. Starting from March 8 at 8:00 a.m. UTC, Binance will automatically convert naira balances to USDT. However, the exchange will stop supporting NGN deposits after 14:00 UTC today. Additionally, withdrawals will no longer be supported after March 8 at 6:00 a.m. UTC. According to…

Address Nigeria’s Food Insecurity Immediate – IMF Urges FG

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Address Nigeria’s Food Insecurity Immediate – IMF Urges FG The International Monetary Fund (IMF) has urged the Nigerian government to prioritize addressing food insecurity as a matter of urgency. This recommendation was made in the IMF’s End-of-Mission statement, which was released after the completion of the IMF Staff 2024 Article IV Mission to Nigeria. The statement, which contains preliminary findings from the IMF staff team’s visit to the country, highlights the challenging economic situation faced by the new government. This includes issues such as low growth, low revenue collection, increasing…

Soldier, Others Killed As Bandits Attack Benue Community

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Soldier, Others Killed As Bandits Attack Benue Community Multiple individuals, including a soldier, were allegedly slain by suspected bandits in distinct assaults in Kwande and Apa Local Government Areas of Benue State. Reports revealed that the incidents occurred between Saturday and Sunday in the Udedeku community of Maav-Ya, Mkoonmom district of Mbaikyor, Turan Jato-Aka, and Ochumekwu in Kwande and Apa LGAs, respectively. Numerous casualties were reportedly recorded, with many others unaccounted for, following the bandit incursion into the Udedeku community in Kwande. The Force Commander of Operations Whirl Stroke, Major…

Economic Hardship: Buhari Sold Nigeria’s Future – Gov Mutfwang Alleges

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Economic Hardship: Buhari Sold Nigeria’s Future – Gov Mutfwang Alleges Governor Caleb Mutfwang of Plateau State made a strong assertion on Monday, attributing the current economic challenges faced by Nigerians to former President Muhammadu Buhari. Speaking at the swearing-in ceremony of 22 Special Advisers and heads of government agencies at the Government House in Jos yesterday, Mutfwang emphasized that the nation’s future was compromised during the previous administration. The Plateau State Governor expressed his concerns about the critical state of the country. He stressed the importance of prioritizing governance over…

JAMB Announces Schedule For 2024 UTME Mock

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JAMB Announces Schedule For 2024 UTME Mock On Monday (today), the Joint Admissions and Matriculation Board (JAMB) announced that, unless there are any unexpected changes, a mock Unified Tertiary Matriculation Examination (Mock-UTME) will be held on Thursday, March 7. In the public statement, the exam body stated that 260,249 candidates who expressed interest during registration will take part in the mock exam. It is worth recalling that the introduction of the Mock-UTME in 2017 by JAMB was aimed at giving interested candidates the chance to familiarize themselves with the CBT…

PDP Releases Timetable For Ondo Governorship Election

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PDP Releases Timetable For Ondo Governorship Election The Peoples Democratic Party (PDP) National Working Committee has officially released its election agenda for the upcoming Ondo State gubernatorial election. Recall that the Independent National Electoral Commission (INEC) has scheduled the state’s governorship election to take place on November 16, 2024. In preparation for the civic exercise, the PDP’s timetable, signed by the party’s national organizing secretary, Umar Bature, was displayed on a notice board at the PDP’s national office, Wadata Plaza, in Abuja, on Monday (today). As per the timetable, the…

AfDB Supports Food Production In Nigeria With $134 Million

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AfDB Supports Food Production In Nigeria With $134 Million The African Development Bank (AfDB) has announced a significant investment of $134 million to bolster Nigeria’s agricultural sector. This interesting initiative was revealed by AfDB President, Akinwumi Adesina, during his recent visit to the Centre for Dryland Agriculture (CDA) at Bayero University, Kano. Speaking, Adesina detailed the bank’s strategy, affirming their commitment to supporting the cultivation of 300,000 hectares of rice and maize, 150,000 hectares of cassava, and 50,000 hectares of soybeans in Nigeria for the upcoming 2024 planting season. He…

Lagos Govt Reveals When Monthly Rental Policy Will Be Fully Implemented

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Lagos Govt Reveals When Monthly Rental Policy Will Be Fully Implemented Governo Babajide Sanwo-Olu’s led government of Lagos State has announced that the state’s monthly rental policy will be implemented by the end of 2024 or at the beginning of next year. Barakat Odunuga-Bakare, the Special Adviser to the Governor on Housing, confirmed this at a press conference held by the Lagos State Real Estate Regulatory Authority in Ikeja, Lagos, on Sunday. She said, “We all see what is being done in other climes, rents are collected monthly. Hence, we…

Dangote Cement Shareholders To Get 50% Dividend Increase

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Dangote Cement Shareholders To Get 50% Dividend Increase Under the commitment made by Chairman Aliko Dangote at Dangote Cement’s 2022 Annual General Meeting (AGM) to provide increased returns on investments to shareholders and stakeholders, the company’s Management has proposed a 50% rise in dividend payout to N30 per share for the year ended December 31, 2023. The proposed dividend increase is contingent upon shareholder approval at the upcoming AGM. Suggesting a dividend of N30 per share during a time when many companies are reporting losses demonstrates Dangote Cement’s resilience and…