Economy

FG, states, and LGs collaborate to distribute a total of N966 billion in revenue for the month of July."

By
August 23, 2023
The Federation Account Allocation Committee has announced the distribution of N966.11 billion among the three tiers of government for July 2023. This figure indicates a slight rise of N59.06 billion compared to the N907.05 billion shared in June 2023, marking the highest distribution this year. The disclosure was made in a statement released after the committee’s recent meeting in…
Read more
Economy

#SubsidyProtests: Protesters pull down National Assembly gate

By
August 2, 2023
Angry protesters have pulled down the gate of the National Assembly in Abuja. Earlier, the protesters led by the leaders of the Organised Labour, Joe Ajaero of the Nigeria Labour Congress and Festus Osifo of the Trade Union Congress asked security operatives stationed at the legislative building to open the gates to allow the angry workers to express their displeasure. Following the failure of…
Read more
Entertainment

I'll Walk Naked If Obi Wins In Court – Charly Boy

By
July 27, 2023
Veteran singer and social activist, Charles Oputa, aka Charly Boy has declared his intention to walk naked on the street if the Labour Party candidate in the February 25 presidential election, Peter Obi, emerges victorious at the election petitions tribunal. The…
FintechTechnology

Google to accept naira payment on Play Store

By
July 27, 2023
Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that as from Wednesday, Nigerians could now use their Verve cards to make purchases on the Google Play Store. It stated that under its new partnership…
Brands & PeopleFintech

Glo, fintech reward customers

By
July 26, 2023
Globacom and PalmPay have collaborated to launch a new reward scheme for the telecom firm’s customers. According to the firms, the marketing initiative tagged ‘PalmPay Bonanza: Recharge Glo and Win’ will offer Nigerians who buy Glo data and airtime bundles via the PalmPay platform a chance to win prizes. They stated that the reward scheme would run from July 21 until September 14…
Read more
Education

Secondary school students beat teacher in Ogun

By
July 23, 2023
A gang of ten senior secondary school students in Ogun State have reportedly beaten a teacher, Kolawole Shonuga, for stopping one of them from cheating during an examination in the school. Our correspondent gathered that the incident occurred on Tuesday at Isanbi…
Market

Dangote cement completes first set of share buy-back

By
July 23, 2023
Dangote Cement has completed the first tranche of its share buy back programme. The share buy back programme was announced early July.  In a corporate notice filed on the Nigerian Exchange Limited on Thursday, Dangote Cement said the first tranche commenced on Monday and was completed on Tuesday via the open market on NGX. The total number of shares repurchased was 121,404,714 representing 0.71…
Read more