Central Bank of Nigeria Raises the Bar, $1 Million Minimum Share Capital for IMTOs The Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) by fixing $1 million as the minimum share capital requirement. This announcement, outlined in the revised guidelines for IMTO operations, is aimed at fostering…
In a sobering speech delivered during the 31/32 convocation ceremonies of the Federal University of Technology Minna, President Tinubu expressed deep concern over the significant financial resources being diverted towards combating insecurity in various parts of the country. The President acknowledged that the ongoing security challenges have strained the country’s budget, adversely impacting the allocation…
In a significant move aimed at revitalizing the dormant Ajaokuta Steel Company, the Federal Government, through the Ministry of Steel Development, is contemplating a concession process. This decision, disclosed by the Minister of Steel Development, Shuaibu Audu, during a press interaction in Abuja, is part of a broader strategy to expedite the revival of the…
Connecticut Governor Ned Lamont Announces Groundbreaking $650 Million Medical Debt Eradication Plan Connecticut Governor Ned Lamont is garnering widespread attention with a visionary initiative aimed at eradicating a staggering $650 million in medical debt. This audacious plan is poised to bring relief to a quarter of a million residents, positioning Connecticut as a trailblazer in…
Mar-a-Lago Revelation, FBI Oversight Raises Questions Special Counsel, Jack Smith in his recent revelation questions the FBI’s exhaustive search of Mar-a-Lago, Donald Trump’s Florida estate. Smith’s evidence hints at potential oversights, highlighting two rooms, one of which is a mysterious “hidden room,” that may not have been thoroughly investigated during the initial FBI examination. This…
In a concerted effort to address the enduring crises in Plateau State, a Fact-Finding Team led by Major General Augustine Agundu (Rtd) convened a crucial meeting at the 3 Division Auditorium in Maxwell Khobe Cantonment, Jos. The team, formed by Chief of Defence Staff General Christopher Musa (CDS), comprised seven members and was meticulously assembled…
Recent Security Breaches Ignite Urgency In a bid to address the alarming surge in insecurity, Ekiti State Governor, Mr Abiodun Oyebanji, convened a crucial meeting with the Service Chiefs in Abuja. This comes in the wake of distressing incidents, notably the brutal killing of two traditional rulers in Oke-Ako and the abduction of school pupils…
In a tense development at Ekiti State University, (EKSU) Ado Ekiti, the Joint Action Committee JAC III, representing the Senior Staff Association of Nigerian Universities (SSANU), National Association of Academic Technologists (NAAT), and the Non-Academic Staff Union of Educational and Associated Institutions (NASU), has issued a stern ultimatum to the university management. The ultimatum demands…
Fueling the Political Firestorm, Biden’s Choice of Words The MAGA community is engulfed in indignation following the revelation of a purported private nicknames used by President Joe Biden for his predecessor, Donald Trump. In a recent exposè by Politico, it was disclosed that behind closed doors, Biden allegedly labels Trump as a “sick fuck” during…
Shocking Revelation, Majority of Voters Believe Conviction is Fair In a recent Yahoo poll, a significant 51% of respondents voiced a belief that a conviction for a “serious crime” would constitute a fair outcome for Trump’s, holding him accountable for his actions. This revelation underscores a shifting public sentiment, emphasizing the importance of accountability transcending…
