AfDB approves capital investment of $10.5 million to support sub-Saharan African businesses
The Board of Directors of the African Development Bank (AfDB) has approved a capital investment of $10.5 million in a venture capital fund to support innovative African businesses displaying strong growth potential. AfDB is to contribute $7 million from its ordinary resources…
Students Loan Scheme will take off this January – FG
The federal government, on Wednesday, January 17, reaffirmed that the January target for the take off of the Students Loan Scheme is still very much intact.Minister of State for Education, Yusuf Sununu, gave the affirmation while addressing journalists after the…
Ibadan explosion traced to illegal miners’ explosives, 2 dead, 77 injured -Makinde
The Oyo State Governor, Seyi Makinde, on Wednesday, said preliminary investigations by security agencies revealed that the explosion that rocked the Bodija Area of Ibadan, the state capital on Tuesday was caused by explosive devices stored by illegal miners. No…
Meta to hide posts about suicide, eating disorders from teenagers
Meta, the parent company of Facebook and Instagram, has announced plans to only show teenagers age-appropriate content on both platforms. In a recent blog post, Meta said teenagers will be placed into “the most restrictive” content control settings on Instagram…
How Agric ministry made N3.08BN suspicious payments to personal accounts
In a series of disbursements between September and December last year, a total of N3.08 billion was paid into the private accounts of 42 staffers of the ministry of agriculture, according to PREMIUM TIMES. The payments were reported by the…
BREAKING: Tinubu approves N683bn intervention fund for public tertiary institutions
President Bola Tinubu has approved a N683,429,268 billion intervention fund to public tertiary education in Nigeria, including universities, polytechnics, and colleges of education, for the 2024 cycle. This represents an increase from last year’s N320 billion allocation. Sonny Echono, Executive…
Osun Speaker Congratulates Lekan Badmus On Appointment
The Speaker of the Osun State House of Assembly, Rt. Hon. Adewale Egbedun, has congratulated Mr. Olalekan Abdul Rahaman Badmus on his recent appointment as the Executive Director, Marine and Operations, Nigerian Port Authority. Egbedun in a statement by his…
FULL LIST: 107 private varsities to be investigated by FG’s panel
The Federal Government through the Federal Ministry of Education on Tuesday, inaugurated an inter-ministerial committee to look into the activities of private and foreign universities operating in the country. The committee has, as some of its members, the Registrar of…
Dangote Opens Up On Forex Allocations, Says EFCC’s Visit Embarrassing
Dangote Industries Limited has opened up on the last week visit by officials of the Economic and Financial Crimes Commission (EFCC) to its headquarters in Lagos, describing it as embarrassing. While pledging it was ready to assist the Commission in…
IPMAN Denies Plans To Increase Petrol Price
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot, has denied any plans to increase price of petrol. The Chairman of IPMAN, Enugu Depot, Mr Chinedu Anyaso, who made the statement in Awka, Anambra State at the weekend, asked…