New Electricity Tariff, Pro-poor Initiative By Tinubu’s Govt – Analyst

NewsNigeriaPoliticsNew Electricity Tariff, Pro-poor Initiative By Tinubu’s Govt – Analyst

Uzoamaka Ikezue (Staff Reporter)April 9, 2024

An analyst and a member of the Independent Media and Policy Initiative (IMPI), Dapo Okubanjo has stated that the new electricity tariff is a deliberate pro-poor initiative to increase liquidity in the sector by the government of President Bola Tinubu. Okubanjo in a press statement on Tuesday noted that when the National Electricity Regulatory Commission (NERC) announced what has been described as a hike in electricity tariff, there was bedlam in the land even before...

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Ekiti: Gov Oyebanji Felicitates Muslims At Eid-el-Fitri

NewsNigeriaPoliticsEkiti: Gov Oyebanji Felicitates Muslims At Eid-el-Fitri

Uzoamaka Ikezue (Staff Reporter)April 9, 2024

Ekiti State Governor, Biodun Oyebanji has felicitated Muslims in the state and the country in general on the celebration of Eid – El- Fitri. At the celebration which marks the completion of the Ramadan fast, the Governor urged Muslims to see Ramadan as a season of sacrifice and a time to seek the face of Allah rather. The Governor, in his goodwill message signed by his Special Adviser on Media, Mr. Olayinka Oyebode, said the...

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CBN Shakes Up Loan Market with Foreign Currency Collateral Ban

BusinessNewsNigeriaCBN Shakes Up Loan Market with Foreign Currency Collateral Ban

By Ezinwanne Onwuka (Senior Reporter)April 9, 2024

The Central Bank of Nigeria, CBN, has announced a new regulation prohibiting banks from accepting foreign currency as collateral for loans denominated in naira. The move, outlined in a circular issued on 8 April 2024, aims to strengthen the country’s financial system and promote stability in the naira. According to the CBN’s Acting Director of the Banking Supervision Department, Adetona Adedeji, the bank observed a “prevailing situation” where borrowers were using foreign currency, most likely...

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Houston’s Mayor Pro-Tem, Martha Castex-Tatum speaks at TSU’s Commweek, tasks students on career prospects

EducationNewsHouston’s Mayor Pro-Tem, Martha Castex-Tatum speaks at TSU’s Commweek, tasks students on career prospects

Anthony O. OgboApril 8, 2024

“It is not about who you know but who knows you.” Honorable Martha Castex-Tatum, Mayor Pro-Tem of the City of Houston, delivered the opening remarks on Monday, April 8, 2024, at the 42nd Intercultural and Communication Conference of the School of Communication at Texas Southern University (TSU) – Commweek. In her address, Hon. Castex-Tatum emphasized the crucial role of communication in the media industry. She highlighted that effective message delivery is essential for professionals in...

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Nigerians Gear Up for Eid el-Fitr as Public Holidays Announced

NewsNigeriaReligionNigerians Gear Up for Eid el-Fitr as Public Holidays Announced

By Ezinwanne Onwuka (Senior Reporter)April 8, 2024

In celebration of Eid el-Fitr, the Federal Government of Nigeria has declared Tuesday, 9th April, and Wednesday, 10th April 2024, as public holidays. This announcement comes after the sighting of the crescent moon, signifying the end of the holy month of Ramadan for Muslims. The Minister of Interior, Dr Olubunmi Tunji-Ojo, congratulated Muslims on the successful completion of Ramadan. He also urged Nigerians to embrace the spirit of unity and continue to practice the virtues...

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Northern Youths Condemn Tinubu For Hike In Electricity Tariff

NewsNigeriaNorthern Youths Condemn Tinubu For Hike In Electricity Tariff

Uzoamaka Ikezue (Staff Reporter)April 8, 2024

Northern Youth Council Of Nigeria has condemned President Bola Tinubu for hike in electricity tariff. The Group told the President to revert to the old tariff and also called on the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) to take action in the event that the President fails to heed to its demand . The group disclosed this on Sunday through a press statement signed by Comrade Isah Abubakar, its...

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Christ Apostolic Church General Overseer In EFCC Net over N3.9 m Fraud

Crime & SecurityNewsNigeriaChrist Apostolic Church General Overseer In EFCC Net over N3.9 m Fraud

Hassan Umar Shallpella (Regional Correspondent)April 7, 2024

The General Overseer of Christ Apostolic Church (CAC), Freedom City Prophetic and Deliverance Ministry in Ilorin, Prophet Adeniyi James has been arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly defrauding a member of his church of N3.9 million. The head of media and publicity, of the anti-graft agency, Dele Oyewale in a statement, explained that the Ilorin zonal command of the EFCC arrested the suspect on April 2 over the said offense....

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NERC Slams N200m Fine On AEDC For Violation Of New Tariff

NewsNigeriaPowerNERC Slams N200m Fine On AEDC For Violation Of New Tariff

Hassan Umar Shallpella (Regional Correspondent)April 6, 2024

For violating the New Tariff Order, the Nigeria Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) N200 Million. According to a Statement by the Commission, the electricity regulatory body has also directed an immediate refund to Customers who have been overcharged The commission stated it has taken enforcement action against AEDC for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order. “AEDC is to pay the sum of N200...

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IGP Appoints Police Public Relations Officers and Deputies

NewsNigeriaPoliticsIGP Appoints Police Public Relations Officers and Deputies

Hassan Umar Shallpella (Regional Correspondent)April 6, 2024

The Inspector General of Police, Olukayode Egbetokun, has approved the posting of Police Public Relations Officers, PPROs, and Deputy Public Relations Officers at the Force Headquarters, Abuja. The Force Public Relations Officer, Olumuyiwa Adejobi in a statement on Saturday said the appointments were meant to strengthen community engagement and strategic communication. Adejobi added that the newly posted officers have been “tasked to be professional in their dealings and foster unalloyed relationships with members of the...

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Over 50,000 Nigerians To Perform 2024 Pilgrimage In Saudi Arabia

NewsNigeriaReligionOver 50,000 Nigerians To Perform 2024 Pilgrimage In Saudi Arabia

Hassan Umar Shallpella (Regional Correspondent)April 6, 2024

No fewer than 50,000 Nigerian intending pilgrims will perform the 2024 hajj in the Kingdom of Saudi Arabia. The Saudi Ministry of Hajj and Umrah has allocated 95,000 Hajj slots to Nigeria for the 2024 pilgrimage. Malam Jalal Arabi, Executive Chairman of NAHCON, disclosed this at a news conference while breaking the Ramadan fast with Journalists on Friday held at Hajj House in Abuja. Malam Arabi noted that Nigerians should celebrate the milestone at a...

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