MTN Nigeria Communications Plc, in collaboration with the School of Media and Communications at Pan-Atlantic University, has announced the commencement of applications for the third iteration of the MTN Media Innovation Programme (MTN MIP-3). The programme is scheduled to kick off on May 20, 2024, at the Main Campus of Pan-Atlantic University, located in Ibeju-Lekki, Lagos. Initially launched in 2022, the MTN Media Innovation Programme aims to provide media practitioners with comprehensive insights into the ever-evolving media landscape. The six-month fully-funded certificate fellowship, which includes a study visit to the University of Johannesburg, South Africa, and access to an innovation…
Author: Editor Francis
The Minister of Power, Adebayo Adelabu, has announced that the Federal Government will initiate partial debt repayments to power generating companies and gas suppliers starting in April. Adelabu made this declaration during a visit to Egbin Power Plc in Lagos State. Adelabu emphasized the government’s commitment to addressing the outstanding debts owed to stakeholders in the power sector. He stated that efforts would be made to prioritize foreign exchange allocation to bolster the sector’s capacity for electricity generation. Regarding the debt owed to power generating companies, Adelabu assured stakeholders that payments would commence in April as an incentive to maintain…
Former presidential aide Reno Omokri offered valuable advice to married women on fostering a harmonious home environment. Stressing the significance of embracing their spouses upon their return from work, Omokri highlighted the calming effect it can have on husbands, potentially diffusing any tensions from the day. He cautioned against engaging in confrontations upon their arrival, urging wives to refrain from exacerbating existing conflicts. Omokri underscored the pivotal role of married women in providing a sanctuary for their husbands, thereby safeguarding the marital bond. He warned of the repercussions of neglecting this responsibility, suggesting that it could drive husbands to seek…
The Central Bank of Nigeria has announced a significant influx of over $1.5 billion into the economy in recent days, signaling the effectiveness of its monetary policy measures. According to Mrs. Sidi Ali, the Acting Director of the Corporate Communications Department at the bank, this influx underscores the success of the bank’s endeavours to stabilise the foreign exchange market. Further details on this development are expected to be provided shortly.
The widow of the late Nigerian Afrobeats sensation, Ilerioluwa Aloba, famously known as Mohbad, has made a distress call concerning the constant threats she and her son, Liam, are facing. She has urged Mohbad’s father, Joseph Aloba, to urgently seek a court order for a Deoxyribonucleic Acid identification (DNA) test for Liam. Following Mohbad’s unexpected demise in September 2023, controversies and street demonstrations erupted, prompting the Lagos State government to order the exhumation of his remains and initiate a coroner’s inquest. On Instagram, Omowunmi, the singer’s widow, expressed her anguish over the challenges she and her son have been enduring.…
The Chief of Staff to Lagos State Governor, Mr. Tayo Ayinde, has opted to withdraw his litigation threat against the Aare Onakakanfo of Yorubaland, Iba Gani Adams. This decision comes after Ayinde’s lawyer, Adeyinka Olumide-Fusika (SAN), sent a letter dated Wednesday, March 27, 2024, to Adams’ legal representatives at OKC Attorneys. The legal dispute stemmed from allegations made by Adams in a viral voice note, where he purportedly implicated Ayinde in a clandestine meeting with activist Sunday Igboho. In response, both Igboho and Ayinde issued pre-action letters demanding retractions from Adams or else face legal consequences. However, Adams denied responsibility…
The Nigeria Sovereign Investment Authority (NSIA) has unveiled its 2023 financial results, showcasing an extraordinary surge in total operating income to N1.18 trillion. This impressive figure represents a staggering increase of 1,079 percent compared to the previous year, attributed to robust returns from equities and fixed-income portfolios, along with successful infrastructure investments. The NSIA’s prudent approach, including a well-diversified portfolio and effective risk management, significantly contributed to this remarkable performance. Foreign exchange gains also played a role, with the NSIA generating N1.02 trillion from foreign exchange activities. With 11 consecutive years of positive earnings and a cumulative annual growth rate…
Clement Ikolo, Urhukpe 1, the Ovie of Ewu Kingdom in Delta State, has voluntarily surrendered himself to the authorities. This decision follows the recent declaration by the Defence Headquarters, naming him and seven others as wanted individuals in connection to the tragic killing of military personnel within his jurisdiction. The unfortunate incident occurred on March 14, 2024, when officers and soldiers from the 181 Amphibious Battalion fell victim to violent actions by enraged youths during a peacekeeping mission in the Okuama community. This turmoil stems from a longstanding land dispute between the Okuama and Okoloba communities, dating back to…
Regarding the ongoing probe into the activities of Binance in Nigeria, court documents obtained exclusively by our correspondent revealed that charges were filed on Thursday, March 28, 2024, before the Federal High Court of Nigeria, Abuja division. The charges, filed against Binance Holdings Limited, Tigran Gambaryan, and Nadeem Anjarwalla (now at large), spanned various allegations dating between January 2022 and January 2024. Among the charges were accusations of operating specialised financial businesses without valid licences, engaging in financial activities without proper authorization, and unlawfully negotiating foreign exchange rates in Nigeria. The defendants were accused of conspiring to conceal the origin…
In a gathering at the State House during Ramadan Iftar, President Bola Tinubu urged religious leaders to refrain from vilifying Nigeria in their sermons and instead focus on praying for the nation’s prosperity. He emphasized their crucial role in shaping public opinion and fostering unity among citizens, urging constructive criticism of elected officials. Tinubu reiterated his administration’s commitment to transforming challenges into opportunities, stressing that terrorism cannot crush the collective will of Nigerians. He called for a strong collaboration between traditional and religious leaders and the government to combat terrorism and other forms of criminality. During the event, Vice-President Kashim…
The panel appointed by Edo State’s Chief Judge, Justice Daniel Okungbowa, to investigate allegations against Deputy Governor Philip Shaibu is set to commence proceedings on April 3rd. George Odidi, the panel’s Administrative Secretary, confirmed that hearings will take place at the Judges’ Conference Room in the New High Court Complex, Benin. Odidi emphasized that all concerned parties or their legal representatives must attend, with the complainant prepared to present their case. The panel was reconstituted by Justice Okungbowa on March 25th after two members withdrew. Initially formed on March 22nd, Professors Violet Aigbokhaebo and Boniface Onomion Edegbai declined to serve,…
In a recent interview with newsmen , Prof. Isa’aq Oloyede, the Registrar of the Joint Admissions and Matriculation Board (JAMB), issued a stern warning to parents regarding their interference in examination processes. Reflecting on a significant scandal involving result forgery by a candidate named Mmesoma Ejikeme in 2023, Oloyede says that there are no lessons to be gleaned from the incident as JAMB adhered to its procedures flawlessly. He suggested that the true lessons lie in the scepticism directed towards JAMB’s integrity and the hasty judgements made without verification. Oloyede expressed gratitude to the Senate President for his leadership in…