Governor Dapo Abiodun of Ogun State has announced a new initiative aimed at empowering business-oriented youths in the state with grants ranging from N500,000 to N10 million. The grants will be provided under the Ogun Youth Empowerment and Entrepreneurial Programme (OGYES), which is set to be relaunched soon. Governor Abiodun disclosed this during the Remo…
The Economic and Financial Crimes Commission (EFCC) has disbursed N50 billion to bolster the Nigerian Education Loan Fund (NELFUND), an initiative of the President Bola Tinubu administration aimed at providing financial support to indigent students across the country. This was announced by the EFCC on Tuesday, August 13, 2024, during a courtesy visit by the…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that each of the 109 Nigerian senators receives a total of ₦1,063,860 in salary and allowances per month. The breakdown includes a basic salary of ₦168,866.70, alongside various allowances such as ₦126,650 for motor vehicle fuelling and maintenance, ₦50,660 for entertainment, and ₦422,166.66 for constituency…
Peter Obi, the Labour Party’s presidential candidate in the 2023 general election, has shared key lessons for Nigeria following its disappointing performance at the 2024 Paris Olympics. In a series of tweets on Monday, the former Anambra State governor acknowledged some positive outcomes but stressed the need for Nigeria to address its leadership challenges. Obi…
Former Bangladeshi Prime Minister Sheikh Hasina has called for an investigation into the protests that led to her ouster, marking her first public statement since her sudden resignation and departure from the country last week. In a written statement released through her son, Hasina, 76, demanded accountability for the violence that occurred during the unrest,…
Poland has signed a $10 billion agreement with Boeing to purchase 96 Apache attack helicopters, marking a significant upgrade to its military capabilities. The deal, announced on Tuesday, is part of Poland’s accelerated modernization of its armed forces in response to Russia’s 2022 invasion of Ukraine. “This is a landmark acquisition for Poland’s armed forces,”…
Ukraine President Volodymyr Zelensky announced on Tuesday that Ukrainian forces now control 74 settlements in Russia’s Kursk border region. This marks a significant increase from the 28 settlements reported by the Kursk governor on Monday. In his evening address, Zelensky highlighted the ongoing, intense fighting but emphasized the continued progress of Ukrainian forces in the…
The Special Investigation Unit (SIU) of the Nigeria Police Force (NPF) has arrested Olamilekan Akinduro, a Lagos-based accountant, on charges of allegedly organizing a group of disgruntled investors from Oxford International Group to demand their overdue funds. AbdulFatai Oshioda, a friend of Akinduro and a staff member at the office of the Inspector General of…
By Ayomide Otitoju In response to President Bola Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, convened a high-level stakeholder meeting on Monday. The meeting was held at the Finance Ministry headquarters…
