…Approves N8bn for road projects Sokoto state government has concluded arrangements to obtain N4 billion Central Bank of Nigeria’s (CBN) Commercial Agricultural Credit Scheme facility through the Zenith Bank. The state executive council meeting held Friday last and Monday this week and chaired the state governor, Aminu Tambuwal and his Deputy, Mannir Dan’Iya, respectively also approved N8 billion for the construction and dualization of two main roads in the state. According to the commissioner for Animal Health and Fisheries Development, who is also the overseer of the state Ministry of Agriculture, Professor Abdulkadir Junaidu 16,876 farmers will benefit from the…
Author: Abdallah el-Kurebe
Google has launched the Global Initiative for Excellence in Journalism Education to enhance journalists’ training in 100 Journalism institutions in Africa. Matt Brittin, President for EMEA Business and Operations, Google made this known at the ongoing inaugural Google News Initiative (GNI) for Africa virtual event. The GNI for Africa virtual events started that on Monday, October 25 and will run through to Friday October 29. Brittin said that the initiative to support journalism training would be rolled out over the next 18 months and is being implemented in partnership with UNESCO. He said that the journalism training is aimed at…
Eight outstanding Nigerians in the UK, who have “broken the glass ceiling” have been honoured by the Nigerian-British Business Forum at a high profile event in London. The awards highlight the outstanding performances of some Nigerians in the Diaspora, who break the odds to excel in foreign lands. Records show that approximately 114,000 Nigerians reside in the UK as at July this year. The awardees include Ibironke Adeagbo, Founder and Chief Executive Officer of IA-Foundation, the international group campaigning for the rights of Nigerian children to education. Adeagbo is also a renowned chartered accountant in Nigeria and UK as well…
President Muhammadu Buhari has arrived Riyadh, Saudi Arabia ahead of the investment conference organised by the Future Investment Initiative Institute. The presidential aircraft carrying the president and some members of his entourage landed at the King Khalid International Airport Riyadh at about 11.50 p.m. local time. The president was welcomed at the airport by a team of Saudi government and Nigerian Embassy officials, some cabinet ministers from Nigeria as well as some members of Nigerian community in Saudi Arabia. The president is expected to be joined at the 5th edition of the flagship investment event by business executives from Nigeria,…
A court in Seoul on Tuesday handed down a fine of $60,000 dollars (70 million Won) against Samsung Group heir Lee Jae Yong. Lee was fined for illegal use of an anesthetic medication over a period of years South Korea’s Yonhap news agency reported. The illegal substance is said to be the anesthetic propofol. Lee is said to have been administered the narcotic drug, which is illegal in South Korea, over 40 times between 2015 and 2020. In June, prosecutors indicted the Samsung Electronics vice chairman on charges of taking propofol for purposes other than medical treatments at a plastic…
The Peoples Democratic Party (PDP) on Monday said that the date of its national convention remained October 30 and 31. The Party’s spokesperson, Kola Ologbondiyan briefing journalists in Abuja, said arraignments for the convention were ongoing. Ologbondiyan also denied the media reports on alleged issues among the National Working Committee (NWC) and the convention committees, saying there was no issue as far as the convention was concerned. “As far as the party is concerned, the date for the convention remains Oct. 30 to Oct 31. “As we speak, we read reports in so many media space that there are issues.…
This month of October 2021, Nigeria is 61 years old as an independent nation, free from colonialism, and 107 years as a nation called Nigeria. The amalgamation of British colonies; northern and southern protectorates as a single country, Nigeria in 1914 was made by fiat without any kind of consultation with the people. Under colonization, the land, its contents, and the people were considered as booties of the colonial masters. Some people felt, and still feel that the amalgamation was an “accident of history”, which shouldn’t have been; how can over “200 nations” be fiercely jam-packed as “one nation”? Nevertheless,…
Following the launch of the eNaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, with more than 5000 downloads within hours of the launch. This is as the apex bank released regulatory guidelines which stipulate that charges for transactions that originate from the eNaira platform will be free in the first 90 days commencing from Oct. 25. After this period, applicable charges as outlined in the Guide to Charges by Banks, Other Financial and Non-bank Financial Institutions will become effective. The eNaira speedwallet app meant for individuals had, as…
Some lawyers from South-eastern Nigeria have filed a motion at the Federal High Court in Abuja seeking to join a lawsuit instituted by a group of northern elders who are praying for the exit of the Igbo speaking region from Nigeria. The lawyers are against the campaign for the secession of the Southeastern states from Nigeria as being championed by the Nnamdi Kanu-led Indigenous People of Biafra (IPOB). In the suit, the northern elders are seeking court’s approval for the South-east to secede and calling on the court to grant Southeast’s prayers to avoid a repeat of ugly events of…
President Muhammadu Buhari says Nigeria’s new digital currency, eNaira, will increase the country’s Gross Domestic Product, GDP, by $29 billion over the next 10 years. The President said this on Monday at the unveiling of eNaira at the State House. According to the President, the launch of eNaira makes Nigeria the first country in Africa and one of the first few countries globally to introduce a digital currency. The new payment system, which took the Central Bank of Nigeria (CBN) four years to roll out, is expected to drive financial inclusion, serve as a backbone for electronic payment in Nigeria…