Author: Akintayo Adams

On Monday, Bitcoin hit a all-time record high above $72,000, and this was after the the FCA said it would allow exchanges to list cryptocurrency-linked exchange-traded products for the maiden time. Bitcoin’s price surged over 3% to $72,211.51 at around 6:50 a.m. ET, peaking at a new all-time high. It has since receded slightly and was back below $71,530.13 as of 7:15 a.m. ET. The rise was aided by news that Britain’s Financial Conduct Authority had said it would allow the creation of crypto-related securities. Exchanges must ensure that they have sufficient methods in place, so that trading is orderly…

Following the recommendation of the state House of Assembly had, on Thursday, February 8, 2024, urging the executive arm to ban the use of styrofoam for food purposes in the state, the Oyo State Government on Monday declared the use of styrofoam for food services, storage, and other related purposes illegal Therefore, the state government took the bold step of inaugurating the Food Safety Compliance Enforcement Task Force to oversee the enforcement of food safety rules and regulations in the state. Making the announcement during the Food Safety Stakeholders Forum, and the inauguration of the task force, Oyo State Commissioner…

The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union (NASU) have announced a 7-day warning strike to demand the payment of four months of withheld salaries of their members. At a meeting which held in Akure at the weekend, the decision was part of the resolution of the joint action committee of the two unions. The 7-day warning strike is expected to start on March 18. President Bola Tinubu had earlier directed that workers in the public universities that embarked on a prolonged strike in 2022 but were not paid salaries within the period of the…

Four drugs made by the Nigerian National Natural Medicine Development Agency (NNNMDA) have been unveiled by the Minister of Innovation, Science and Technology, Uche Nnaji. The drugs were Namdune (200mg) meant for Anti-ageing, Namdasan (200mg) for anti-sickling, Aberecin (200mg) for anti-diabetes and Nanobere (50kg). Lauding the efforts of the agency in the production of the drugs, the Minister reminded those who might not be aware of the plans of the federal government to establish funds for research and development. Applauding the federal government’s plans to establish a research and development fund, Martins Emeje, the Director of the agency urged the…

As part of Governor Ademola Adeleke’s efforts to move Osun State forward and to be able to compare with its peers across the country, he has launched the state’s multi-billion naira infrastructure plan. Speaking over the weekend at the palace of the Owa of Ijesha, Oba Adekunle Gabriel Aromolaran II through the Spokesperson to the State Governor, Mallam Olawale Rasheed, the Governor revealed that all is set for the launching of road dualisation project at Ilesa and underpass at Ikirun. He said procurement process on the Ilesa dualisation and the Ikirun underpass is reported to be ongoing and nearing completion.…

Minna Airport in Niger State has been renamed the Bola Ahmed Tinubu International Airport ahead of its inauguration on Monday. Months ago, when 15 airports in the country were named after some prominent personalities in Nigeria, the airport was named after late Abubakar Imam. Revealing the latest development on Sunday during a media briefing at the Government House, Minna, The state Commissioner for Information, Binta Mamman said the state is preparing to host the President who would inaugurate the airport as well as some mechanised farming implements. “All is set for the Niger State Government to receive President Bola Ahmed…

H.E Ahmad Aliyu Sokoto, the Governor of Sokoto State has approved the payment of half salary as Ramadan gift to all civil servants in the state. It was revealed that the civil servants captured in the payment are primary school teachers to local government staff as well as pensioners in the state. According to the Governor, this was approved to ensure that Muslims in the state start this edition of Ramadan fast comfortably. “The governor in a magnanimous gesture, which is expected to commence tonight, is to assist workers in the state observe this year’s Ramadan fast with a relative…

The National Moon Sighting Committee (NMSC), a part of the Sultanate Council says the crescent for Ramadan fasting has been sighted. Thia was confirmed on X, formerly Twitter that the Sultanate has confirmed a single claim of Moon Sighting. With that, Sultan of Sokoto, Sa’ad Abubakar, has declared Monday, March 11, 2024, as the first day of Ramadan. Speaking, the Monarch who doubles as NSCIA President said the declaration was based on the sighting of the moon in almost every part of the country earlier on Sunday, which is the 29th day of the Month of Shaban and thereby signifies…

All is set for the launching of the Student Loan Scheme on Thursday, March 14, 2024 by President Bola Ahmed Tinubu – GCFR. This was made known by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale on TVC’s Politics on Sunday. Some of the President’s welfare initiatives being implemented at present were disclosed by Ngelale on the programme titled ‘Counting the Cost of Presidents Tinubu’s Reforms.” “Later this week, on Thursday, the President will launch the historic National Student Loan Programme.” “This is a major form of obligation reduction for Nigerians and families and young…

World’s biggest vaccine maker, Serum Institute of India (SII) will start rolling out a cheap new malaria inoculation in Africa in May, strengthening the fight against one of the most deadly infectious diseases across the globe. According to the World Health Organization (WHO), Malaria kills more than 600,000 people a year, with 95 per cent of them in Africa. It is deadlier among the young, and the annual toll of malaria deaths includes nearly 500,000 African children under the age of 5. 25 million doses of the new vaccine, developed along with Oxford University researchers and known as R21 is…