JAMB and its unending challenges
By Bola BOLAWOLE Anytime the Joint Admissions and Matriculation Board (JAMB) examinations are written, there is bound to be headline news! No wonder, then, that JAMB is every newsman’s delight! The down-to-earth disposition of its Registrar, Professor Ishaq Oloyede, apart, the many battles and wars that JAMB perpetually fights against election malpractice and its beneficiaries […]
Reader’s Digest UK closes after 86 years
Reader’s Digest UK has ceased operations after 86 years of publication. The monthly magazine, known for its health tips, financial advice, and recipes, closed due to the “unforgiving magazine publishing landscape” and the company’s inability to withstand the financial pressures. Once a market leader with a circulation of over 1 million copies per month in […]
Court sends two to jail for forex scam
Justice Efe Ikponmwonba of Edo State High Court sitting in Benin-City has convicted and sentenced two fraudsters, Raji Afeez Onii and Udo-Iwe Aniedi Raphael to two years imprisonment for fraud. They were jailed after pleading guilty to one-count charge bordering on obtaining by false pretence upon arraignment by the Benin Zonal Command of the Economic […]
CBN directs payment of 0.5% cybersecurity levy to banks
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant, non-interest and payment service banks as well as mobile money operators and payment service providers. […]
Shell to quit South Africa
Oil major Shell, will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. “As a result of this review, Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in SDSA … this decision was […]
FG debunks rumor over impending US, French military base
The federal government of Nigeria has debunked allegations that there are ongoing discussions between Nigeria and some foreign countries on the siting of foreign military bases in the country. In a statement on Monday, Mohammed Idris, minister of information and national orientation, urged Nigerians to disregard the “falsehood”. PRESS STATEMENT FEDERAL GOVERNMENT NOT CONSIDERING ANY […]
Troops foil kidnap attempt in Benue
Troops of the Nigerian Army repelled a kidnap attempt in Tsede village, Benue State, Monday and rescued two kidnap victims An Army statement said that the operation was conducted by troops deployed for Counter- terrorism operations in the North Central in conjunction with Volunteer Guards, The troops responded to a distress call from the enclave […]
Electricity: FG reduces tariff for Band A
The Federal Government has approved a downward review in electricity tariff for Band A customers to N206.80/kwh, from N225/kwh in Nigeria. Ban A customers are electricity consumers with a minimum supply of 20 hours daily. In a notice to its customers on Monday, Ikeja Electric, stated: “Please be informed of the downward tariff review of our […]
Oyebanji to attend US-Africa business summit, UNFF19
Ekiti State Governor, Mr Biodun Oyebanji is billed to depart the country on Sunday, May 5, 2024 on a working visit to the United States of America. According to the Governor’s itinerary, contained in a statement by his Special Adviser on Media, Mr Yinka Oyebode, on Sunday, Governor Oyebanji will be attending the 16th edition […]
Military-ruled Chad votes for president today
Chadians vote for a president on Monday in an election purportedly aimed at ending military rule but dismissed by opponents of junta leader, Mahamat Idriss Deby, as a fix following violent repression. Voters will choose whether to extend decades of Deby family rule in one of the world’s poorest countries, a crucial territory in the […]