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Within Nigeria
now
Nigeria''s rate of school dropouts alarming ''“ Remi Tinubu
Osun State was chosen as the school site, and Tinubu commended Governor Ademola Adeleke for donating the land for the project. She said, “I envisioned and introduced the idea for the establishment of an Alternative High School for Girls, a vision which was accepted and utilised by the Lagos State Ministry of Educatio...
Within Nigeria
now
Lead British School student in viral video apologises for bullying Namitra Bwala
Nigerians took to social media platforms to express their indignation and call for decisive action from the school authorities, demanding nothing short of Maryam’s expulsion. In a recent video statement, Maryam expressed genuine contrition for her actions, extending her heartfelt apologies to the Nigerian communi...
Within Nigeria
now
Lead British School: Moment Aunt of bully victim slaps girl who allegedly assaulted her niece in viral video
The enraged woman was subsequently restrained by people present from taking any other drastic action. People bore witness to the aunt’s impassioned response to what she perceived as an injustice against her niece, culminating in a moment of retaliatory action. The circulating video ignited widespread discussion o...
Within Nigeria
now
9 Views
JUST-IN: I'll Resign If Yahaya Bello Is Not Prosecuted - EFCC Chairman
The anti-graft chairman sworn that he would resign as EFCC chairman if Bello is not prosecuted. The EFCC boss said; “I called Yahaya Bello, as a serving governor, to come to my office to clear himself. I shouldn’t have done that. “But he said because a certain senator has planted over 100 journalists in my office...
Within Nigeria
now
9 Views
''Ur Papa'' ''“ Davido fires at music producer, Napji after he called him out over alleged unpaid royalties
Napji’s claims detailed that he had only received an advance of N500k for each song, amounting to N1.5 million. However, he asserted his rights to royalties and publishing credits, directing his demands squarely at Davido by tagging him in the Instagram post. He vowed to share more details as he pursued what he b...
Daily Post
now
4 Views
Jigawa Assembly constitutes committee to review LG electoral law
The Jigawa State House of Assembly has constituted an ad hoc committee to scrutinise the state’s electoral and local government laws. This followed a motion by Abubakar Kallo (who represents Hadejia Constituency), in response to a report by the House Committee on Local Government regarding a communiqué from the Inte...
Within Nigeria
now
9 Views
"Sydney Talker needs to come and tell us what is really wrong with Khaid"''“ Carter Efe drags colleague (Video)
A viral video showed the 19-year-old ‘Anabella’ hitmaker in discomfort, hooked up to drips while in the hospital. Despite the video, there has been no official update on Khaid’s condition, leaving many worried about his well-being. Sydney Talker, the CEO of Khaid’s record label, Neville had urge...
Within Nigeria
now
9 Views
BREAKING: UNN suspends randy professor for sexually harassing female student
The randy lecturer was caught red-handed on Monday while allegedly trying to forcefully have carnal knowledge of the said female student in exchange for grade. However, in a statement signed by Okwun Omeaku, Acting Public Relations Officer of the UNN on Tuesday, the university management announced the indefinite suspen...
Within Nigeria
now
9 Views
"You bit the finger that fed you" ''” Actress Hilda Dokubo drags Mercy Chinwo
However, in a bold move on Tuesday, Hilda Dokubo took to Instagram to drop a bombshell, sharing a screenshot of Mercy Chinwo’s heartfelt 2018 birthday message to her former label boss. By doing so, Dokubo subtly implied that the songstress had turned her back on those who had nurtured her career. In the birthday ...
Within Nigeria
now
9 Views
(JUST-IN) Naira: EFCC Freezes 300 Illicit Accounts Linked To Illegal FX Trading
“We got an order to freeze those accounts imagine what would have happened if we didn’t seize those accounts,†he said. The anti-graft chairman said that one of the illicit accounts had up to N50 billion. The scheme popularly called the “P to P†peer- peer financial trading scheme has operated outside the off...
Within Nigeria
now
9 Views
Hilda Baci reacts after being called out by Verydarkman over fraud -VIDEO
He affirmed that this behaviour could be interpreted as “obtaining under false pretence,” labelling it as fraud. In his video, VeryDarkMan expressed his disappointment, stating that her actions risked tarnishing her brand’s reputation. He emphasized that accepting payment for a service and failing to ...
Sahara Reporters
now
9 Views
Academic Doctors Forum Condemns Alleged Sexual Harassment Of University Of Nigeria Female Student By Lecturer, Calls For Thorough Probe
SaharaReporters earlier reported that the management of the University had suspended Mr Mfonobong David Udoudom, a lecturer in the school who was caught on tape harassing a female student. The university in a statement signed by the Acting Public Relations Officer, Dr Okwun Omeaku said that "the indefinite suspension i...
Daily Post
2min
11 Views
Ondo Govt suspends Sunshine Stars general manager
The general manager of Sunshine Stars General, Tunde Ogunja, has been suspended by the Ondo State Government. The suspension of Ogunja was announced by the Ondo State Commissioner for Youth Development and Sports, Hon. Sara Yusuf-Ogunleye, on Tuesday. Yusuf-Ogunleye stated that the decision was part of the bid to repos...
Sahara Reporters
2min
12 Views
Russian Deputy Defense Minister Arrested Over Suspected Large-scale Bribery
Kremlin spokesman Dmitry Peskov told the media that Russian President Vladimir Putin and Defense Minister Sergey Shoigu had been briefed on the arrest. Earlier on Tuesday, Ivanov took part in an extended ministerial meeting led by Shoigu that included numerous senior Russian officials and top military commanders, accor...
Within Nigeria
2min
7 Views
EFCC arrests former aviation minister, Hadi Sirika, over N8bn Nigeria Air fraud
Sirika is being grilled by the anti-graft agency in connection with an ongoing investigation related to money laundering amounting to N8,069,176,864.00. It’s gathered that the accused ex-Minister of Aviation appeared at the EFCC’s Federal Capital Territory Command around 2:00pm on Tuesday. Sources familiar with...
myschoolgist.com
7min
4 Views
Federal Government Sets Age Limit for University Admissions in Nigeria: A New Directive Aims to Ensure Student Readiness and Support
Within Nigeria
7min
6 Views
''˜Drake signed his soul to the devil'' ''“ Kanye West
Kanye West’s comments came after he featured on the ‘Like That’ remix by Future and Metro Boomin, which he said he was drawn to because of the excitement surrounding Drake’s decline in the hip-hop scene. “It’s like he [Drake] signed his soul to the devil to not be cool with me. This is h...
Daily Post
8min
10 Views
Naira continues to slump against dollar despite CBN''s intervention
The naira has continued its depreciation against the US dollar for the fifth time despite the Central Bank of Nigeria’s sale of foreign currencies to legitimate Bureau De Change operators. FMDQ data showed that the naira dropped to N1,300.15 per dollar on Tuesday from N1,234.49 traded on Monday. The figure repres...
nairametrics.com
12min
9 Views
Turkey set to drill oil off Somali coast from 2025
Somalia in early March had signed a new oil and gas deal with Turkey which officials of both countries said would aid cooperation in the exploration and exploitation of petroleum products. The deal was inked in Istanbul by Somalia’s Petroleum and Mineral Resources Abdirisaaq Omar Mohamed and Turkish Energy Minister A...
nairametrics.com
12min
9 Views
Microsoft introduces smaller AI model, Phi-3, to lower costs for users globally
Announcing the new model via a statement on Tuesday, Microsoft said the Phi-3-mini can outperform models twice its size across a variety of benchmarks that evaluate language, coding, and math capabilities. According to the company, smaller AI models are designed to perform simpler tasks, making it easier to use by comp...
Daily Post
12min
6 Views
Troops eliminate 2 terrorists in Zamfara
The Nigerian Army said its troops deployed for counter-terrorism operations in Zamfara and Kastina states have successfully neutralised two terrorists who attempted to abduct some civilians. The army, in a post on its official X handle on Tuesday, said the troops also rescued the victims. It said that the troops respon...
nairametrics.com
17min
11 Views
Kenya''s second-hand clothing imports from China rises by 86%
Second-hand clothing imports mostly from China is Kenya’s largest source of low-cost used clothing with an enormous number of buyers in the country. According to the East African, Data from Chinese authorities shows the country exported 31,594 tonnes of second-hand clothing and accessories to Kenya between January an...
nairametrics.com
17min
12 Views
NASR coalition calls for clear nutritional labelling on infant formulas to combat sugar intake in Nigeria
The coalition’s appeal follows an investigative report, revealing alarming sugar content in baby formulas, particularly those distributed by multinational consumer goods giant Nestlé in African markets. According to the report, certain Cerelac varieties sold in Nigeria contain as much as 6.8 grams of sugar per s...
nairametrics.com
17min
14 Views
NMPDRA sets natural gas price at $1.57/MMBtu, lower than industry rate
This was disclosed in a statement by the Programme Director/Chief Executive Officer, Presidential Compressed Natural Gas initiative (PCNGi) Michael Oluwagbemi.), on Monday. According to the statement, the NMPDRA has set CNG for various forms of transportation as a special status and would serve as a subset of gas-to-co...
nairametrics.com
22min
13 Views
NAFDAC seals 50 retail outlets in Kaduna over unhygienic sale of edible oil
Website Save my name, email, and website in this browser for the next time I comment. Δdocument.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME | © 2024 Nairametrics Login to your account below Fi...
nairametrics.com
22min
12 Views
Oando Plc posts N81.2 billion loss in FY 2022, cites challenges with militancy and pipeline vandalism
It’s 2023 FY results is also being expected as regulatory compliance efforts continues. According to the Company’s statement, in its downstream business, Oando sold approximately 21.8 million barrels of crude oil under various contracts with NNPC Ltd. In addressing the operational challenges faced during th...
nairametrics.com
22min
17 Views
UPS beats analysts'' expectations with earnings of $1.43 per share in Q1
According to Bloomberg report, UPS’ shares rose 1.4% before regular trading in New York. The stock fell 7.5% this year through Monday’s close. Tomé is trying to expand sales and profit amid soft demand for package delivery coming out of the pandemic. UPS last month said it expects consolidated revenue to climb as ...
Daily Post
27min
9 Views
Gaps in girls'' education prompted formation of alternative high school – Oluremi Tinubu
The First Lady, Oluremi Tinubu, has described her support for the education of the girl child as a response to the yawning gap in girls’ education in Nigeria. She made this known while launching the Alternative High Schools for Girls on Tuesday in Osogbo, the Osun State Capital. The First Lady noted: “This ...
nairametrics.com
27min
13 Views
Official exchange rate falls 17.4% in 5 days, hit month to date low of N1300/$1
The exchange rate has now weakened by 17.5% in a matter of 5 days as concerns mount over the central bank’s ability to sustain the gains recorded in recent weeks. According to data from the FMDQ, the exchange rate closed at at N1,300.15/$1 on a total daily turnover of $133.65 million. Over the weekend, the Centra...
Guardian NG
31min
14 Views
Kogi Assembly wants Yahaya Bello's name removed from EFCC wanted list
EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering to the tune of N80, 246, 470,089.88 A member of the House representing Ajaokuta State Constituency in the House, Jibrin Abu, raised the motion. The motion is titled “A call to end all false, f...
nairametrics.com
32min
12 Views
Power crisis: FG commences unbundling of 11 DisCos along state lines
Adelabu, who stated that the privatisation of these DisCos would not be reversed, stressed that the power firms would be broken into more efficient structures along state lines to be able to deliver on their mandates. He also revealed that over 100 projects of the Transmission Company of Nigeria (TCN) have not been com...
nairametrics.com
32min
13 Views
Stocks Decline Amid Currency Fluctuations, Nestle Nigeria Reports Forex Losses
Stocks experienced another downward trend, with the All-Share Index dropping by 2.71% to close at 99,539.75 points, and market capitalization at 56.29 trillion Naira. Despite the market downturn, the general ASI is up 33% year-to-date, likely to dip below the inflation rate. Nestle Nigeria Plc reported that 94% of its ...
nairametrics.com
32min
9 Views
ILO report: Over 70% of global workforce face ''˜cocktail'' of climate-related health hazards
It also discusses how various countries are updating or introducing new legislation, regulations, and guidelines, as well as enhancing climate mitigation strategies, such as improving energy efficiency in workplaces. According to the ILO’s findings, more than 2.4 billion workers, out of a total global workforce o...
nairametrics.com
37min
16 Views
ASR Africa kicks off the construction of a N250 million Abdul Samad Rabiu sport complex for the University of Jos
Speaking at the event, the Vice Chancellor of the University, Prof. Tanko Ishaya, praised the Chairman of ASR Africa, Abdul Samad Rabiu for the critical facility intervention. He mentioned that at the time of the institution’s nomination by ASR Africa for this laudable project, the university management was concerned...
nairametrics.com
37min
17 Views
NESG, CWEIC laud the potential of LFZ to contribute to Nigeria''s GDP
Aduloju made this declaration while leading a delegation of Nigeria Economic Summit Group alongside the Commonwealth Enterprise and Investment Council (CWEIC) headed by its Chief Executive, Rosie Glazebrook, on a courtesy visit to Lagos Free Zone, Ibeju Lekki, on Friday, April 19, 2024. Aduloju explained that the integ...
nairametrics.com
37min
16 Views
Leadway Pensure records 25% growth in revenue in 2023
Speaking on Leadway Pensure’s season of revenue and investment growth, Chief Executive Officer of Leadway Pensure, Mr. Lanre Idris, stated that this outstanding achievement further solidifies the company’s position as a value-driven, growth-oriented organisation with a unique drive thereby positioning PFA a...
Daily Post
42min
15 Views
Ibrahim, Omogoroye demand cancellation of APC primaries in Ondo
Senator Jimoh Ibrahim and Folakemi Omogoroye, who were among the 15 aspirants that contested the April 20 primaries of the All Progressives Congress, APC, in Ondo State, have denounced the alleged irregularities recorded during the exercise. The two aspirants, who called for the cancellation of the outcome of the exerc...
nairametrics.com
42min
15 Views
MRS Oil Nigeria seeks shareholders'' approval to delist from NGX
The decision to exit from the NGX was contained in the notice of an Extraordinary General Meeting to be held in Lagos on May 21, 2024. The company will also seek shareholders’ approval for its Memorandum and Articles of Association (MemArts) to be modified to allow for a share buyback and share capital reduction. Thi...
nairametrics.com
42min
19 Views
Bears dominate as stock tumble 353.51 points, shedding N200 billion in value
The All-Share Index fell by 353.51 points, ending at 99,311.54 points, indicative of a general pessimistic investor sentiment. There was also a downturn in market capitalization, which saw a reduction of about N200 billion, settling at N56.167 trillion from a previous N56.367 trillion. This downward trend was largely d...
nairametrics.com
47min
12 Views
Microsoft, Coca-Cola sign $1.1 billion technology deal
The statement noted that the collaboration underscores Coca-Cola’s ongoing technology transformation, underpinned by the Microsoft Cloud as Coca-Cola’s globally preferred and strategic cloud and AI platform. Through the partnership, the companies will jointly experiment with groundbreaking new technology like Azure...
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