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Consummate Traders, a leading proprietary trading firm, has unveiled its new two-stage evaluation process aimed at attracting and nurturing the best trading talents in the industry. The comprehensive assessment focuses on performance metrics, risk management, and consistent trading practices. Successful traders will have the opportunity to manage the firm's capital while benefitting from educational resources and cutting-edge statistical tools. The process is characterized by fairness, transparency, and a partnership with respected broker Kwakol Markets.
FCT Police command has issued a statement debunking reports of landslide deaths in Kuje Area Council. The command reassured residents that FCT is the safest and most secure part of the country.
The Lagos Chamber of Commerce and Industry (LCCI) commends President Bola Tinubu for his successful participation at the G20 summit. Nigeria's presence at the event showcases its strategic importance on the global stage and its commitment to shaping a fairer world order. The President's efforts in attracting investments and fostering international cooperation have been fruitful, with positive outcomes for job creation and economic development. The LCCI calls for the establishment of dedicated investment websites and congratulates the African Union on its permanent member status in the G20.
A recent report by a German publication claimed that President Bola Tinubu inherited the highest inflation rate in 20 years in Nigeria. However, a fact-check reveals that this claim is incorrect. The Central Bank of Nigeria's records show that Nigeria's highest inflation rate in the past 20 years occurred in August 2005, not in May 2023 when Tinubu took office. This article debunks the false claim and provides accurate information about Nigeria's inflation levels.
The Apapa Command of the Nigeria Customs Service (NCS) has generated a record-breaking revenue of N676 billion for the Federal Government between January and August. The customs officials were applauded for their teamwork, diligence, and zero compromise approach, which led to the highest monthly and daily revenue collection in the history of the Nigeria Customs Service in August. The Assistant Comptroller General of Customs, Auwal Mohammed, emphasized the importance of adhering to import and export prohibition lists and encouraged officers to rededicate themselves to service.
The Apapa Command of the Nigeria Customs Service (NCS) has recorded an impressive revenue generation of N676 billion for the Federal Government within the first eight months of the year. The former Assistant Comptroller General of Customs, Auwal Mohammed, commended the officers of the command for their remarkable teamwork and diligence. He also highlighted the seizures made and the use of technology in trade facilitation. The newly deployed Customs Area Controller, Babajide Jaiyeoba, pledges to continue the successes achieved by his predecessor, while resolving trade disputes promptly.
The Katsina State chapter of the PDP has expressed its dissatisfaction with the recent judgment by the presidential election tribunal in favor of President Bola Tinubu. The party believes that the verdict is far from delivering justice to the Nigerian people.
The death toll from the recent boat mishap in Niger State has risen to 30, according to the Niger State Emergency Management Agency (NSEMA). The agency has successfully rescued 30 individuals, while 27 of the deceased were women and three were male children. The tragedy occurred in the Gbajibo area where victims from Gbajibo, Ekwa, and Yankyade communities were on their way to their farms across the river Niger. The actual number of passengers on the boat remains unknown, making it difficult to determine the exact number of missing individuals. The search and rescue operations have been halted, awaiting further need.
The Nigeria Electricity Regulatory Commission (NERC) has introduced a power outage reporting system through an app to tackle customer complaints and power disruptions. The app aims to monitor and ensure compliance with set tariffs by distribution companies (DisCos). NERC's chairman, Sanusi Garba, highlighted that the app aligns with the commission's mandate of protecting consumer rights and establishes timelines for DisCos to address customer complaints. The app will also aid in the nationwide installation of smart meters for accurate and real-time data.
Four officials of Tantita Security Services Nigeria Limited (TSSNL), who were wrongfully arrested by the Nigerian Navy for alleged oil theft, have been cleared and released following an intensive investigation. The Navy discovered that their arrest was a mistake and convinced the police to release them due to a lack of satisfactory evidence. Tantita's management expressed relief and stated that the incident had vindicated their personnel. The Navy and Tantita are now working together to combat crude oil theft in the Niger Delta region.
The Nigeria Customs Service (NCS) has suspended two commercial banks for failing to remit import duties and other statutory charges. The banks, whose names were not disclosed, were unable to meet the Service-Level Agreements (SLAs) set by the NCS. The suspension, aimed at ensuring transparency and efficiency in revenue collection, involves a substantial sum of over N10 billion. Importers are urged to use authorized dealer banks that comply with NCS regulations.
Anambra State Governor, Prof. Chukwuma Soludo, has appealed to the federal government and the Works Ministry to bring in new models of delivering federal roads in the Southeast. Soludo suggested a mixture of financing options or an infrastructure tax credit scheme to address the failing state of federal roads in the region. He also emphasized the importance of repairing the Onitsha Owerri road to complement the construction of the Second Niger bridge. The Minister for Works, Engr. Dave Umahi, expressed disappointment with the contractor handling the Enugu-Onitsha Express road and pledged to think outside the box to reassign and improve road infrastructure in the state.
Bloggers and Vloggers, Content Creators Association (BAVCCA), have vehemently refuted corruption allegations leveled against the Chief Judge of the Federal Capital Territory, Abuja, Husseini Baba-Yusuf. In a press conference, the Association denounced the allegations as baseless and a product of cheap blackmail by faceless bloggers. They highlighted the Chief Judge's commitment to the fair treatment of his fellow judges and the improvement of justice delivery in the FCT.
Primate Elijah Ayodele, the leader of INRI Evangelical Spiritual Church, has made a prophecy regarding the outcome of the litigations related to the 2023 election in Nigeria. According to the Primate, Atiku Abubakar is the only one who can go far with his case against the ruling APC, while Peter Obi's case will be struck out. This prophecy has already been fulfilled with the recent judgment by the presidential election tribunal.
The police in Cross River state have put an end to the spread of false rumours regarding the disappearance of men's private parts in Calabar. Addressing the speculations, security operatives quashed the claims and urged people to refrain from spreading falsehoods, particularly on social media platforms. This announcement comes amidst a series of related news stories in Cross River, including arrests made for electoral offences, the recovery of bodies from a tragic boat cruise, and the involvement of the Nigerian Bar Association in a sexual harassment scandal at the University of Calabar.
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