The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), said the revenue …
Read More »FG declares Friday, Monday as public holidays
The Federal Government has declared Friday, April 18, and Monday, April 21, as public holidays to mark this year’s Easter celebrations. The announcement was contained in a statement issued on Tuesday in Abuja by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani. According to the statement, the …
Read More »“Sensible people are not on social media,” Frederick Leonard laments
Nollywood actor and producer Frederick Leonard has stirred conversations online with his recent comments criticizing the growing toxicity on social media platforms. Taking to his Instagram page, the award-winning actor shared an experience that led him to believe that sensible discourse is becoming increasingly rare online. Leonard narrated how he …
Read More »Bauchi approves N872m to boost primary healthcare
The Bauchi State Governor Bala Mohammed has granted approval for the release of N872m as the state’s counterpart funding to its primary healthcare sector. Bala disclosed this on Tuesday at the meeting of the state task force on primary healthcare and the award presentation held at the banquet hall, government …
Read More »Interpol joins EFCC in N1.3tn CBEX probe
The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access …
Read More »From MMM to CBEX: Timeline of Ponzi schemes that have duped Nigerians
Over the years, Nigerians have fallen victim to a series of Ponzi schemes that promised quick riches but ended in devastating losses. From the infamous Mavrodi Mundial Moneybox, popularly known as MMM that crashed in 2016, leaving millions of investors stranded, to the recent collapse of CBEX and other crypto-based …
Read More »Stanbic IBTC Bank unveils “There Is More” campaign: A rallying call for CEOs across Nigeria
Stanbic IBTC Bank ignites a nationwide conversation with the launch of its latest thematic campaign, ‘There is Possible, Then There is More.’ Anchored by a compelling open letter to Nigeria’s CEOs, the initiative challenges business leaders and innovators to transcend current horizons, fostering a mindset of amplified possibility, sustained growth, and …
Read More »Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award
For its excellence in corporate transparency and governance, Dangote Cement Plc has been honoured as the Platinum winner of the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX REGCO)’s Corporate Reporting Award for the financial year ending 2023. Organised by ICAN-NGX REGCO, the event was meant to celebrate excellence in corporate transparency and governance. It was …
Read More »NUJ COMMENDS DANGOTE FOR CRASHING PETROL PRICE
The Nigeria Union of Journalists (NUJ), Lagos State Council has commended Dangote Refinery for its consistency in the price reduction of Premium Motor Spirit (PMS) otherwise known as petrol. Reacting to the latest reduction in the ex-gantry loading cost of PMS from ₦880 per litre to ₦865, the Chairman, …
Read More »Minister rejects N’East lawmakers claim of exclusion from SAPZ programme
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, on Saturday, dismissed the claim by the North-East Caucus of the National Assembly that the region was excluded from the $530m Special Agro-Industrial Processing Zone programme of the Federal Government. Last Thursday, the North-East lawmakers raised concerns over the exclusion …
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