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Former President Olusegun Obasanjo joined dignitaries in paying his respects to the late Prelate Emeritus of Methodist Church Nigeria, Dr Sunday Mbang, at his funeral service held in Akwa Ibom State. Governor Uyo described the deceased as a man of deep faith and a great patriot. Obasanjo recalled his close relationship with Mbang during his presidency, praising the cleric's frankness and contribution to the Christian community.
Former President Olusegun Obasanjo has made a prophetic statement, revealing the only Nigerian Christian leader he is sure will make it to heaven. In a eulogy at the funeral service of Dr Sunday Mbang, the late Prelate of the Methodist Church of Nigeria, Obasanjo commended Mbang for his forthrightness and the valuable guidance he provided during his tenure as president. This revelation has sparked discussions about the role of religious leaders and their impact on society.
Nigerian Exchange Limited (NGX) is partnering with the Central Securities Clearing System (CSCS) and Euroclear to develop a dollar settlement platform that will allow tech startups to raise capital in US dollars. This initiative aims to provide opportunities for domestic investors to access shares in tech companies and contribute to the growth of Nigeria's economy by democratising capital formation. NGX has also received approval from the Securities and Exchange Commission (SEC) to launch a technology board for fintechs and tech firms to raise capital in local currency.
The Bauchi State Universal Basic Education Board (SUBEB) has denied the alleged shortage of teachers in primary schools across the state. SUBEB stated that the reported number of schools with only one teacher is incorrect and clarified the teacher-pupil ratio in the state.
First Bank of Nigeria has unveiled its second fully automated branch, the FirstBank Digital Xperience Centre (DXC), at the University of Ibadan. The state-of-the-art hub aims to revolutionize the banking industry by providing customers with world-class innovative banking services. With a range of modern banking facilities and cutting-edge technology, the DXC is designed to meet the growing needs of consumers and enable them to navigate the digital landscape with confidence.
The Nigerian Exchange Limited (NGX) is partnering with Euroclear and the Central Securities Clearing System (CSCS) to establish a dollar settlement platform for tech startups. This platform will enable domestic investors to access shares and support the growth of the Nigerian economy. NGX has obtained approval from the Securities and Exchange Commission (SEC) to launch a technology board, encouraging fintechs and tech firms to raise capital in the local currency. This move aims to address the preference for private markets due to regulatory requirements associated with public listings.
The gruesome murder of Sheikh Albani Kuri, a prominent Islamic cleric in Gombe State, has led to a restriction of movement in the state. The police command has imposed this measure to investigate the incident and maintain law and order. This article discusses the tragic incident, the response from the government and security agencies, and the importance of public cooperation in curbing criminal activities.
The Economic Community of West African States (ECOWAS) has decided to activate and deploy its "standby force" to restore constitutional order in Niger. The regional leaders, following a closed-door meeting in Abuja, the capital of Nigeria, expressed their commitment to resolving the crisis through peaceful means. The responsibility for announcing the activation of the standby force was entrusted to Omar Touray, the President of the ECOWAS Commission.
The Nigeria Medical Association (NMA) has strongly opposed the implementation of Rule 020909 of the new Public Service Rules (PSR), which stipulates retirement for public servants in top positions after eight years. The NMA Chairman, Dr. Benjamin Olowojebutu, expressed concerns that this policy would negatively impact the healthcare system in Nigeria, resulting in a shortage of doctors and affecting the population's access to quality healthcare. They called on the government to reconsider and adjust the policy to prevent further brain drain and protect the citizens' well-being.
The Nigerian cargo sector suffers an estimated loss of $8.1 billion annually due to poor infrastructure, inefficiency, and corruption at the seaports. Stakeholders in the industry believe that implementing and enforcing government policies, curbing corruption, and improving infrastructure are essential to minimize these losses. Challenges such as insecurity, high tariffs, poor government policies, and inadequate storage facilities further hinder the growth of the cargo sector. Experts recommend solutions like strengthening security measures, improving the railway system, and investing in appropriate storage and processing facilities. Additionally, there is a need to focus on adding value to agricultural products and ensuring compliance with international standards through proper traceability and certification. Small holder farmers, who constitute a significant portion of Nigeria's farmers, also face limited access to funds and high interest rates, thereby hampering their ability to sustain and expand their businesses.
Egbin Power Plc, Nigeria's largest power generation company, highlights the importance of sustainability in business and the power sector with the release of the second edition of the Gree'n'lectric E-zine. The publication showcases the company's commitment to promoting clean energy and environmental responsibility through a well-defined sustainability roadmap and action plan. The E-zine also features Egbin Power's nature conservation project and other sustainability initiatives across the Sahara Group.
NNPCL and Shell Nigeria, in collaboration with SNEPCo, are sponsoring vocational training for over 2,150 Internally Displaced Persons (IDPs) in Borno State, Nigeria, who have been affected by the Boko Haram insurgency. The aim is to equip the vulnerable IDPs, particularly women and youth, with practical skills to start their own businesses and rebuild their lives. The training will cover various areas such as catering, animal husbandry, tailoring, and laundry. Additionally, more than 100 disabled individuals will be part of this empowerment initiative, with plans to encourage their involvement in cooperative societies.
Teach For Nigeria (TFN) celebrated the graduation of its fifth cohort of outstanding change makers. With a focus on improving foundational learning outcomes for low-income children, the graduating fellows implemented 87 impactful "Be The Change" projects. This article explores TFN's remarkable impact on addressing educational challenges and fostering a more sustainable future.
The Ohanaeze Ndigbo UK and Northern Ireland has announced plans to plant one million palm trees in Southeast Nigeria. This initiative aims to boost economic development in the region and support local businesses. The organization will also establish skill acquisition centers and a fundraising program to assist Igbo men in the UK. The announcement was made by Lady Aqueen Ibeto, President of Ohanaeze Ndigbo UK, during the visit of Chief Emmanuel Iwuanyanwu, President-General of Ohanaeze Ndigbo worldwide, in London.
Former APC deputy spokesperson, Timi Frank, has called for the resignation of Senate President Godswill Akpabio, accusing him of making a mockery of Nigeria's democracy. Frank criticized the decision of the senators to go on vacation and enjoy national resources while Nigerians face hardships. He called on Akpabio to step down to address the insensitivity displayed by the lawmakers.
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