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Deposit Insurance Coverage Increased Nationwide by NDIC

2May

By Mariam AbdullahiNo Comments

Headlines

Deposit Insurance Coverage Increased Nationwide by NDIC

Exciting news from the Nigeria Deposit Insurance Corporation as they announce the enhancement of Maximum Deposit Insurance Coverage for banks across the country. In a recent press briefing in Abuja, the NDIC’s Managing Director, Bello Hassan, unveiled the updated coverage levels. The MDIC coverage for Deposit Money Banks has been elevated from N500,000 to N5m. For Microfinance Banks, the coverage has been enhanced from N200,000 to N2m. Similarly, for Primary Mortgage Banks, the coverage has been raised from N500,000 to N2m. In addition, for Mobile Money Operators subscribers’ pass-through, the coverage has surged from N500,000 to N5m per subscriber. Hassan highlighted that the objective of this modification is to strengthen depositor security, enhance public con...

Dealing with Ongoing Inquiries About My Marital Status as a Mother of Two

2May

By Mariam AbdullahiNo Comments

Headlines

Dealing with Ongoing Inquiries About My Marital Status as a Mother of Two

Adeyinka Alaseyori, a well-known gospel singer, recently discussed her decision to keep her husband out of the public eye during an interview with Leke Adeboye and his wife, Titi, on their podcast 'Confession Box with PLA.' Despite being a mother of two, Alaseyori mentioned that people still inquire about her marital status. During the podcast, Alaseyori shared, "I love my husband, I don’t flaunt him. I don’t flaunt him so much. I don’t flaunt him all the time." She acknowledged that due to her choice to not display her marriage publicly, some assume she is single. "So most of the time people ask me, are you married? I have people who will tell me, I like you even after I have had two children," she shared. "I do not wear my wedding ring. But I am happily marrie...

Lagos authorities find 86 rooms under bridge leased at N250k annually by tenants

2May

By Mariam AbdullahiNo Comments

News

Lagos authorities find 86 rooms under bridge leased at N250k annually by tenants

86 rental units located underneath the Dolphin Estate Bridge in Ikoyi, with an annual rental fee of N250,000, have been uncovered by the Lagos State Government. Tokunbo Wahab, the Commissioner for Environment and Water Resources, disclosed this information through a video posted on his X account on Wednesday. Wahab shared that the partitioned rooms measured "10×10 and 12×10" in size. He also mentioned that the enforcement unit of the Lagos State Ministry of Environment and Water Resources successfully cleared all structures, including a container used for various illegal activities, from beneath the Dolphin Estate Bridge. By posting videos, the commissioner stated, "A total of 18 individuals found squatting illegally under the bridge connecting Dolphin Estate were apprehended yesterda...

SERAP Threatens Nigerian Government and Demands Information from Umahi on Lagos-Calabar Coastal Project

2May

By Mariam AbdullahiNo Comments

News

SERAP Threatens Nigerian Government and Demands Information from Umahi on Lagos-Calabar Coastal Project

Socio-Economic Rights and Accountability Project, SERAP, has issued a warning of legal action against Minister of Works, Dave Umahi, regarding the Lagos-Calabar Coastal Highway project. UMAID has been charged by SERAP to reveal whether an environmental and social impact assessment was conducted for the Lagos-Calabar Coastal Highway project by the federal government. The organization has called on Umahi to disclose the publication status of the report from the assessment, including specifics on the date and locations. In a recent announcement, SERAP stated: “BREAKING: Senator David Umahi has been served with a freedom of information request. He is required to promptly confirm if an environmental and social impact assessment was undertaken for the Lagos – Calabar Coastal Highway Project....

188 Fatalities Recorded in Kenya Due to Severe Weather Conditions

2May

By Mariam AbdullahiNo Comments

News

188 Fatalities Recorded in Kenya Due to Severe Weather Conditions

According to the Kenyan Interior Ministry, the death toll in the country has now reached 188 as it grapples with the impact of heavy rains. Reports from NewsNow indicate that numerous areas in the East African nation have been severely affected by the rains, floods, and landslides, resulting in the destruction of critical infrastructure such as roads and bridges. Regrettably, the ministry stated, "As a result of severe weather conditions, the country has recorded 188 fatalities." Moreover, 125 individuals have been reported as injured, 90 are currently missing, and approximately 165,000 have been displaced. The most tragic incident occurred when a dam burst near Mai Mahiu in the Rift Valley, resulting in the loss of many lives. The ministry reported that 52 bodies have been recovered w...

Insights on Kogi State N80bn corruption scandal: Austin Okai asserts that Tinubu is aware of Yahaya Bello’s deeds, denies witch-hunt claims against EFCC

2May

By Mariam AbdullahiNo Comments

News

Insights on Kogi State N80bn corruption scandal: Austin Okai asserts that Tinubu is aware of Yahaya Bello’s deeds, denies witch-hunt claims against EFCC

In the upcoming 2023 elections, Austin Okai, the Peoples Democratic Party's candidate for Dekina/Bassa Federal Constituency, has emphasized that President Bola Tinubu is well aware of the grave "sins" committed by former Kogi State governor Yahaya Bello, sins that even the All Progressives Congress cannot defend. Speaking to reporters in Abuja, the PDP leader dismissed allegations that Bello is being targeted unfairly by the Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukayode. Okai pointed out that the EFCC's investigation into Bello began during the tenure of former Chairman Abdulrasheed Bawa. An ongoing probe by the EFCC has accused Bello of embezzling N80.2 billion during his governorship in Kogi State. Despite invitations from the EFCC to address the allegations...

Francis Uzoho Delights in Outstanding Performance Against Manchester United at Old Trafford

2May

By Ofomata EdidiongNo Comments

Sports

Francis Uzoho Delights in Outstanding Performance Against Manchester United at Old Trafford

Reflecting on his experience playing against Manchester United at Old Trafford, Omonia Nicosia goalkeeper, Francis Uzoho, recalls a remarkable performance. Uzoho showcased his skills in Omonia Nicosia’s UEFA Europa League match against Manchester United at the iconic stadium two years ago. During the game, the goalkeeper made an impressive 12 saves, with United eventually securing a late victory courtesy of Scott McTominay. Despite the outcome, the 25-year-old takes pride in his display against the Red Devils. Expressing his feelings, Uzoho told BT Sports, “I was disheartened by the result as we played exceptionally well, but we aimed to secure at least a point.” “Nonetheless, I'm pleased. Playing in such a grand stadium against these top players is no easy feat.”

Group suggests N70,000 minimum wage is a strategy to attract voters

2May

By Mariam AbdullahiNo Comments

News

Group suggests N70,000 minimum wage is a strategy to attract voters

An organization based in Benin, the Edo N’Okpa Movement, has expressed skepticism towards the recent increase in salary proposed by Governor Godwin Obaseki, suggesting it may be an attempt to sway voters in favor of the Peoples Democratic Party (PDP) for the upcoming governorship election on September 21. The group is advising Edo workers against trading their votes before the crucial governorship election and is cautioning the youth to be vigilant, as politicians may seek their involvement in promoting violence during the election period. In a statement released in Benin on Wednesday, the group criticized the N70,000 minimum wage announced by the state government, labeling it as a mere electoral ploy. Emovon Osaretin, the national convener of the group, accused Governor ...

Inclusion of Minimum Age Requirement for University Admissions Confirmed by Senate

2May

By Mariam AbdullahiNo Comments

News

Inclusion of Minimum Age Requirement for University Admissions Confirmed by Senate

Confirmation has been provided by the Nigerian Senate regarding the statements made about the possible adjustment of the age limit to 18 years. Emphasizing that any modifications to the age limit would necessitate appropriate legislative procedures, whether it pertains to decreasing or increasing the limit. In an interview with journalists on Wednesday, Chairman of the Senate Committee on Media and Public Affairs, Adeyemi Adaramodu, highlighted this factor. Last week, Prof. Tahir Mamman, the Minister of Education, mentioned that the government is contemplating revising the minimum age for university admission to 18 years old. According to the lawmaker, "The discussion on the minimum age requirement for admission is not a law. It's simply an opinion. It's not legally binding. If a ...

House of Representatives Push for Nigerian Government to Enforce Living Wage for Workers

2May

By Mariam AbdullahiNo Comments

News

House of Representatives Push for Nigerian Government to Enforce Living Wage for Workers

Addressing the need for fair compensation, the minority caucus in the House of Representatives has called on the federal government to consider implementing a living wage for Nigerian workers. During the 2024 Workers’ Day celebration, Minority leader of the house, Kingsley Chinda, emphasized the urgency of this matter, urging quick enactment similar to the swift adjustments made to taxes and tariffs. In their statement, the caucus emphasized the importance of ending worker exploitation and advocating for equal opportunities for all individuals in the workforce. Furthermore, they urged the government to focus on developing policies that support decent work, social protection, and fair labor standards. Recognizing the dedication and crucial contributions of Nigerian workers, Chinda comm...