FCT Administration Vows to Develop Satellite Towns for Overall Progress and Development+30
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has emphasized the FCT Administration's commitment to developing satellite towns for the overall progress and development of the region. In the inauguration of the Mandate Secretaries, Wike highlighted the need to address various key areas, such as infrastructure, transportation, education, health, and tourism. This article explores the Administration's plans to enhance the satellite towns and improve the residents' well-being.
Negligence of Duty: Principals Suspended in Kano State Schools+30
The Kano State government has suspended two principals of the French Bilingual College and Chinese Bilingual College in Kwankwaso, Madobi Local Government Area of the state for negligence of duty. The principals were absent during a routine school inspection, leaving students without meals. This article discusses the incident and emphasizes the importance of education in the state.
From Atheism to Activism: The Remarkable Journey of William Murray+30
William Murray, the son of outspoken atheist Madalyn Murray O'Hair, has embarked on a unique journey that spans from atheism to activism. From being a plaintiff in a landmark Supreme Court case to becoming an ordained minister, Murray's path has led him to Nigeria, where he now advocates for religious freedom and helps victims of terrorist attacks. In this article, we delve into Murray's extraordinary life story and his efforts to provide aid to persecuted Christians in Nigeria.
Afreximbank and Anambra State Join Forces to Transform Development Efforts+30
Afreximbank, in collaboration with the Government of Anambra State, has signed a Memorandum of Understanding (MOU) to enhance the state's development efforts. The agreement encompasses project preparation, advisory services, and a potential debt financing program worth up to $200 million. The partnership aims to identify and fund strategic projects, promote trade and investment, and leverage Afreximbank's capabilities to bridge infrastructure gaps. This collaboration underscores the importance of innovative partnerships in driving sustainable development and economic prosperity in Africa.
Nigerian Banking-as-a-Service Provider Anchor Raises $2.4 Million in Seed Investment+30
Anchor, a Nigerian banking-as-a-service (BaaS) provider, has secured $2.4 million in seed funding led by Goat Capital. The fintech offers APIs, dashboards, and tools to help developers embed banking solutions. Anchor aims to deliver personalized services and flexibility at a lower cost while addressing financial inclusion in Nigeria's rapidly changing digital banking landscape. With over 270 clients, the YC-backed firm has generated $550 million in annualized total transaction volume. It plans to improve compliance systems, invest in value-added products, and onboard more customers following the latest funding round.
Nigeria's Youngest Female Presidential Aspirant Blasts Federal Government Policies+30
Joyce Ogochukwu Nsaka, Nigeria's youngest female presidential aspirant, criticizes the policies of the Federal Government, expressing concerns about the pauperization of the people and the removal of fuel subsidy. She calls for a change in leadership and suggests renaming the country to "United African Empire."
First-Class Degree Holders Urged to Make Best Use of their Qualifications+30
Dr Sulaimon Ogunmuyiwa, Chairman of the First-Class Muslim Foundation, advises first-class degree holders to make the best use of their qualifications within the first two years. He highlights the need for graduates to go beyond relying solely on their credentials and to actively seek opportunities to add value to society. Ogunmuyiwa also calls on the government to make the university system more attractive to retain brilliant minds and promote positive change in the country.
Nigerian Stock Exchange Records N412 Billion Gain on Opening Trading Session+30
The Nigerian Exchange (NGX) experienced a positive start to the new trading week, resulting in equity investors gaining N412 billion. This surge in the stock market has contributed to the overall increase in the value of the equity market, which now stands at N37.37 trillion. Despite economic challenges, the Nigerian Exchange has been performing impressively, ranking among the best in developing markets.
Former President Obasanjo Denies Approving $6 Billion Contract for Mambilla Hydropower Project+30
Former Nigerian President Olusegun Obasanjo has denied approving the controversial $6 billion contract awarded to Sunrise Power and Transmission Ltd for the Mambilla Hydropower Project. Obasanjo challenges the former Minister of Power and Steel, Olu Agunloye, to explain where he derived the authority to award the contract. He stated that no minister under his presidency had the power to approve funds beyond N25 million without his consent. Obasanjo expressed his readiness to testify if a commission of inquiry is set up by the current government.
Chuba Okadigbo International Airport Upgrades Runway to Enhance Operations+30
Chuba Okadigbo International Airport in Ebonyi State is undergoing a significant upgrade as its concrete runway is being transformed into a standard asphalt one. The aim of this project is to improve operations for foreign airlines and enhance overall flight movements at the airport. The state government has contracted a team of expatriates to handle the runway upgrade, ensuring that international standards are met. The governor of Ebonyi state, Francis Nwifuru, has also taken measures to provide adequate security for travelers and assure foreign airlines of a safe environment. The airport's transformation aligns with the government's commitment to showcasing Ebonyi as a competitive player in the aviation sector.
Federal Government proposes joint rehabilitation of Lagos-Ota-Abeokuta Expressway with Ogun State government+30
The Federal Government has proposed a joint rehabilitation project for the Lagos-Ota-Abeokuta Expressway in Nigeria in partnership with the Ogun State government. This move aims to expedite the road construction process and provide respite to commuters. The Minister of Works, Engr. Dave Umahi, emphasized the need for states to be involved in road construction and management through public-private partnerships. The development comes as part of the government's Highway Development Management Initiative (HDMI), which seeks to enhance infrastructure development across the country.
Edo State Governor assures safe passage for commuters during LGA election+30
The Edo State Governor, Mr. Godwin Obaseki, has assured commuters of safe passage during the Local Government Area election scheduled for Saturday, September 2, 2023. He emphasized the need for peaceful voting and urged voters to come out and cast their ballots. The governor stated that adequate security measures have been put in place to ensure a peaceful and secure election process.
NiRA Unveils Plans for 2023 .NG Awards in Lagos, Nigeria+30
NiRA has announced its plans to host the 2023 .NG Awards in Lagos, Nigeria. The event aims to honor individuals and organizations that have contributed to advancing the .ng brand and Nigeria's online presence. Nominations are now open, and the ceremony is set to take place on November 17th, 2023.
Garnishee Order of $800 Million Paralyzes FCTA Economy+30
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has revealed that the Federal Capital Territory Administration (FCTA) is facing a crippling garnishee order of $800 million. The minister expressed concern about the adverse effects of the order on the FCTA economy and vowed to take decisive actions to restore it. This article explores the implications of the garnishee order and sheds light on the corruption and abandonment of projects within the FCT.
STOAN Promises Full Support for Minister of Marine and Blue Economy+30
The Seaport Terminal Operators Association of Nigeria (STOAN) has expressed its full support for the newly appointed Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola. STOAN believes that Oyetola's experience and commitment to excellence will enable him to harness the potentials of the maritime sector and contribute significantly to Nigeria's economic diversification agenda.