President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme, aimed at broadening access to consumer credit for working Nigerians. The scheme, spearheaded by the Nigerian Consumer Credit Corporation (CREDICORP), seeks to enhance the quality of life for citizens by facilitating responsible access to goods and services through consumer…
The Federal Road Safety Corps (FRSC) Marshal, Dauda Biu, has proposed imposing jail terms on drivers responsible for road accidents. Biu made this suggestion in Abuja on Wednesday in response to a recent avoidable crashes in Oyo, Kano, and Kaduna. He emphasised the need for stringent penalties, including jail terms without the option of fines,…
Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria four months after its last increment. The company reviewed prices in its packages across the board. The new prices will take effect from May 1, 2024. In the new price, the DStv Premium package increased from N29,500 to N37,000. Similarly, the DStv…
The Ministry of Aviation and Aerospace Development has ordered the Nigerian Civil Aviation Authority, NCAA, to suspend Dana Air, until comprehensive audits on its fleet are conducted. This is coming a day after the airline had an unfortunate runway incident at the Murtala Muhammed International Airport in Lagos. A letter signed by the ministry’s Permanent…
World Food Programme (WFP) has made a call for a global network against food crisis for a transformative approach to break acute hunger WFP confirmed this on Wednesday following a recent report by Global Report on Food Crisis (GRFC) which says, nearly 282 million people in 59 countries and territory experienced high level of acute…
Central Bank of Nigeria (CBN) has refuted financial letters with BSD/DIR/PUB/LAB/017/008 asking Deposit Money Banks (DMB), Non Bank Financial Institutions (NBFIs) and Other Financial Institutions (OFIs) on risk associated to crypto currency. This according to an official statement posted on the CBN official X platform on Wednesday 23rd April 2024. CBN has not officially backed…
The World Bank has joined forces with the Nasarawa State government to address the increasing cases of gender-based violence(GBV) and other issues affecting the girl child in the state. Speaking at a one-day sensitization workshop for stakeholders on the dangers of gender-based violence (GBV) and female genital mutilation (FGM), Esther Yonah, the Gender Pillar Head…
The Director-General and Chief Executive Officer of the Nigerian Meteorological Agency (NiMet), Professor Charles Anosike, has officially inaugurated the steering committee for the ‘Building Agricultural Systems Resilience In Nigeria Project’. The ceremony took place at NiMet’s headquarters in Abuja on Tuesday. Addressing the gathering in his capacity as the chairman of the steering committee, Anosike,…
The German Police reported on Wednesday that they have arrested 11 individuals believed to be part of a Nigerian mafia gang responsible for operating a significant dating fraud scheme. The Bavarian police stated in a statement that the Black Axe gang is engaged in a variety of criminal activities on an international level, with a…
Following the collapse of the Nigerian national electricity on Monday at 2:00am plunging the nation into darkness, Ogbodo Ozioma Favour who observed the effects on the consumers and the economic life of the country, due to the constant collapse of the national power grid, writes the collapse was one too many. Collapses From July,…
