Author: Akintayo Adams

According to Musiliu Obanikoro, a former minister of state for defense, the federal government may be bridging the growing difference in the ultimate price of Premium Motor Spirit (PMS), popularly known as gasoline, between the US dollar and the Nigerian naira. The leader of the All Progressives Congress (APC) believes that the federal government ought to be open and honest about whether or not the subsidy has been restored. In his inaugural speech on May 29, 2023, President Bola Tinubu announced the end of the petrol subsidy era. Depending on the region of the country, the price of this necessary…

Six out of ten HIV-positive people in Nigeria are female, according to Dr. Gambo Aliyu, Director General of the National Agency for the Control of AIDS. In addition, Aliyu stated that compared to men in the same age range, young Nigerian women have a threefold higher risk of HIV infection. In a press release on Tuesday in honor of the 2024 International Women’s Day, Aliyu demanded the empowerment of women in Nigeria. Every year on March 8, people commemorate IWD. “Invest in women: Accelerate progress” is the United Nations’ official theme for the day. The topic emphasizes the value of…

According to the Manufacturers Association of Nigeria, 335 enterprises experienced financial difficulties in 2023 while 767 manufacturers ceased operations. This occurred against a backdrop of worsening investment conditions due to growing inflation, volatile exchange rates, and other economic issues. This was said by MAN in a statement denouncing the Federal Government’s recently implemented Expatriate Employment Levy. The levy is in direct opposition to President Bola Tinubu’s Renewed Hope Agenda and the foundation of his Fiscal Policy and Tax Reform effort, the association claimed, leaving it stunned. The unforeseen negative effects on the manufacturing sector, according to MAN, are enormous and…

The Ilorin Emirate Descendants Union’s proposal to have the official photos of the Emir of Ilorin displayed in each of the five local government offices under the Ilorin Emirate labeled as “a joke carried too far” has been characterized by a group of elders functioning under the auspices of the Kwara South Consultative Forum. The organization said that it was hard for them to see the logic of this absurd proposal during a press conference that was presided over by Chief Joseph Aderibigbe, the group’s president. At its 58th Annual Conference, which took place on December 25, 2023, the Ilorin…

In order to properly honor retired police officers’ significant achievements to the nation, President Bola Tinubu has promised to oversee an expeditious evaluation of their pension and severance benefits. Additionally, Tinubu announced that his administration will start the process of issuing an Executive Order designating a day between March 5 and April 1 as the nation’s official National Police and Veterans’ Day. He made these remarks on Tuesday during his speech at the Police Veterans’ Foundation’s official launch, which took place at the Police Service Commission’s Abuja headquarters. In the person of Imaan Sulaiman-Ibrahim, Minister of State for Police Affairs,…

Cryptocurrency exchange Binance has declared its intention to stop offering any services associated with the Nigerian Naira. The Nigerian currency, the Naira, was allegedly exploited by the cryptocurrency exchange site Binance, which caused a wild slide in its value. In addition, the business is accused of, among other things, tax evasion, money laundering, and financing terrorism. Among the world’s biggest peer-to-peer cryptocurrency markets is Nigeria. According to Chainalysis, the total value of cryptocurrency transactions in the nation between July 2022 and June 2023 was $56.7 billion. However, the business suggested in a statement on Tuesday that users either withdraw NGN,…

You’re not the only one who is trying to log into your Instagram and Facebook accounts this afternoon but isn’t succeeding. The majority of users appear to be unable to access the social networking apps globally; reports also indicate that Threads and Facebook Messenger are not functioning. Sending and receiving WhatsApp messages is proving to be problematic for certain users as well. Each of those belongs to the parent group Meta.It looks that the outage began at roughly 3:20 pm, and there’s been no news on when it will be resolved. A “session expired” or “unexpected error” notification welcomed users.…

Due to “fraudulent documentation” in their forex operations, Guaranty Trust Bank and First Bank, two Nigerian-owned banks operating in the neighboring West African country, have had their foreign currency trading licenses halted by the Bank of Ghana. The Ghanaian regulator said in a statement on Monday that the suspension will take effect on March 18, 2024, and last for one month. “Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN), effective 18th March 2024, for a period of one (1) month, in accordance with section 11 (2)…

Police in Nairobi, Kenya, reported that a student pilot and instructor perished on Tuesday after their aircraft crashed with a passenger airliner over the country’s capital. According to Kenyan police, the mid-air incident between the 99 Flying training school and the local carrier Safarilink happened on Tuesday morning. Adamson Bungei of the Nairobi police sent AFP a text message confirming the deaths, although he did not elaborate. An earlier police report seen by AFP said the passenger plane “requested to turn back for landing” after the collision. In a statement, Safarilink stated that the aircraft, carrying 44 passengers, “experienced a…

The Oyo State Government issued a seven-day notice on Tuesday, to owners and occupants of shanties, containers, kiosks, and other unlawfully erected businesses to leave the roadside areas or risk the full force of the law. This order was given by Abdulmojeed Mogbojuola, the state’s commissioner for the environment and natural resources, while he was visiting the Ojoo community in the Akinyele Local Government Area. In violation of the Environmental Sanitation Regulation, 2013, Mogbojubola continued, saying that their actions have been a nuisance to the public’s health and that “the act has been causing unwarranted obstruction of free flow of…