Minister Of Finance Wale Edun: Fg Allocates N3.5 Billion In Consumer Credit &Amp; N90 Billion In Student Loans Transform Lives

Minister of Finance Wale Edun: FG Allocates N3.5 Billion in Consumer Credit & N90 Billion in Student Loans Transform Lives

Minister of Finance, Wale Edun, disclosed that the government has allocated a substantial N3.5 billion to support the Consumers Credit Scheme. This initiative has reached 11,000 beneficiaries within a short period, aiming to empower Nigerian workers by providing affordable credit solutions. The scheme allows beneficiaries to pay for essential goods over time, including crucial items…

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Legendary Yoruba Actor Charles Olumo 'Agbako' Dies At 101 – Celebrating A Nollywood Icon’s Lasting Legacy

Legendary Yoruba Actor Charles Olumo ‘Agbako’ Dies at 101 – Celebrating a Nollywood Icon’s Lasting Legacy

Charles Olumo, famously recognized by his stage name “Agbako,” was a celebrated Nigerian actor known for his impactful roles in the Yoruba film industry. Born in 1923, Agbako’s career spanned over seven decades, making him a symbol of resilience and dedication in Nollywood. His tough and often villainous roles endeared him to fans, who saw…

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Federal Court Halts Rivers State Allocation; Atiku, Others Condemn Judiciary Verdict

Federal Court Halts Rivers State Allocation; Atiku, Others Condemn Judiciary Verdict

In a significant development, the Federal High Court in Abuja has issued a judgment stopping the Federal Government from releasing monthly allocations to Rivers State. Justice Joyce Abdulmalik ordered the Central Bank of Nigeria (CBN) to halt payments from the Consolidated Revenue Account, a move stemming from a suit filed by the Martins Amaewhule-led faction…

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Tinubu Swiftly Appoints Maj Gen Olufemi Oluyede As Acting Chief Of Army Staff In Response To Lagbaja'S Health Struggles

Tinubu Swiftly Appoints Maj Gen Olufemi Oluyede as Acting Chief of Army Staff in Response to Lagbaja’s Health Struggles

In a recent development in Nigeria’s military leadership, President Bola Tinubu has appointed Maj Gen Olufemi Oluyede as the Acting Chief of Army Staff (COAS). The appointment was announced on Wednesday by Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, who clarified that Oluyede will serve in this capacity while the current Chief…

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Davido Breaks Records With Africa’s Most Watched Tiktok Live Stream, Sets New Social Media Milestone

Davido Breaks Records with Africa’s Most Watched TikTok Live Stream, Sets New Social Media Milestone

On October 30, 2024, Nigerian superstar Davido set a groundbreaking record on TikTok, hosting the most-watched live stream in Africa to date. With a staggering 389,800 viewers in total, Davido’s live broadcast has cemented his status as one of the continent’s most influential musicians in the digital space. The event, hosted by Nigerian TikTokers Peller,…

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Federal High Court Orders Cbn To Halt Allocations To Rivers State Over Financial Mismanagement Allegations

Federal High Court Orders CBN to Halt Allocations to Rivers State Over Financial Mismanagement Allegations

On October 30, 2024, Justice Joyce Abdulmalik of the Federal High Court in Abuja issued a restraining order against the Central Bank of Nigeria (CBN), halting the release of monthly financial allocations to Rivers State. The court order stems from a legal dispute concerning the utilization and distribution of public funds allocated to the state….

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House Of Representatives Proposes New Legislation To Increase Membership From 360 To 366 For Women And Pwds

House of Representatives Proposes New Legislation to Increase Membership From 360 to 366 for Women and PWDs

A new bill has been introduced in the House of Representatives to expand the legislative body’s membership from 360 to 366 seats. This legislative proposal, which seeks to amend Section 49 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), aims to reserve six seats specifically for women and individuals with disabilities….

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Nigeria Labour Congress (Nlc) Demands Justice: Nationwide Indefinite Strike Looms Over Unpaid New Minimum Wage From December 1, 2024

NLC Demands Immediate Review of Minimum Wage Amid Soaring Cost of Living

The Nigeria Labour Congress (NLC) is considering a formal call for the federal government to re-evaluate the national minimum wage due to the escalating cost of living across the nation. Rising inflation, coupled with increased costs in basic commodities and services, has put significant pressure on the purchasing power of Nigerian workers, particularly those in…

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Efcc Secures Conviction Of 34 Internet Fraudsters In Anambra State

EFCC Secures Conviction of 34 Internet Fraudsters in Anambra State

In a significant win against cybercrime, the Economic and Financial Crimes Commission (EFCC) has successfully prosecuted and secured the conviction of 34 internet fraudsters in Awka, Anambra State. Justice Evelyn Anyadike of the Federal High Court presided over the case, issuing sentences that ranged from imprisonment to community service, marking a crucial step in the…

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Nnpcl Drastically Raises Petrol Price To N1,025 Per Litre Amid Deregulation Push

NNPCL Drastically Raises Petrol Price to N1,025 per Litre Amid Deregulation Push

The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant increase in the price of Premium Motor Spirit (PMS), commonly referred to as petrol. As per reports, petrol prices in Lagos and nearby areas have risen from N980 to N1,025 per litre. This development follows multiple adjustments in recent months, positioning this as the…

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