Creativity Unleashed
The CBN has proposed that banks transfer funds from accounts that have been dormant for up to 10 years. So, the funds will be transferred to a trust fund account. This statement was recently released in an exposure draft of guidelines. It was on Management of Dormant Accounts, Unclaimed Balances and Other Financial […]
The president-elect, Bola Ahmed Tinubu, said that Atiku Abubakar couldn’t have won the presidential election. He gave reasons why some of the votes Atiku would have gotten were taken by other candidates. They are the candidates of the Labour Party, Peter Obi, and Rabiu Kwankwaso of the New Nigeria People’s Party. Now, they […]
Bola Ahmed Tinubu has been named one of TIME magazine’s 100 Most Influential People of 2023. Also on the list are the King of the United Kingdom, King Charles III; US President Joe Biden; and US Senator Mitch McConnell. More people on the list include Argentine footballer Lionel Messi and Twitter CEO Elon […]
A seven storey building under construction has collapsed on First Avenue, in the Banana Island area of Ikoyi, Lagos State. The sad event happened on Wednesday. Afterward, no fewer than seven people have been rescued from the rubble. It was reported that immediately after the incident, emergency responders were on the scene for rescue. […]
A former deputy governor of Lagos State is renouncing her Nigerian citizenship. Alhaja Sinatu Ojikutu said the process was ongoing following the emergence of Bola Tinubu as the president-elect. Ojikutu announced this while addressing the press at her Lagos residence. Further, the process would be completed before May 29. Earlier on, before […]
The tech company Meta has unveiled a payment feature. This is for WhatsApp users and local business owners in Brazil. This was announced on the company’s website on Tuesday. First, Brazil’s WhatsApp users can now pay businesses via the app’s end-to-end encrypted chat. Also, this feature operates like a shopping app. Customers can […]
The price of Premium Motor Spirit commonly called “petrol,” has risen by 81% in the past three years. This analysis was conducted by the National Bureau of Statistics. Also, findings show that the Federal government has paid N5.83 trillion in subsidies on petroleum products. Further data from the NBS showed that between […]
Hoodlums clashed over a court ruling on Tuesday in the Magodo Isheri area of Lagos State. The hoodlums were trying to prevent court bailiffs from posting an Appeal Court judgement, given on March 16, 2023. The judgement confirmed the landlords in the community as the owners of the land. Specifically, the hoodlums […]
Nigeria’s unemployment rate rose to 37.7% in 2022. It is expected to rise further in 2023. This prediction was made by KPMG. The reason for the increase is the inflow of job seekers into the labour market. KPMG, a multinational consulting firm, made this observation in a report tagged “KPMG Global Economy Outlook […]
The Economic and Financial Crimes Commission has denied viral content on social media that it is currently recruiting. It was through a dubious EFCC recruitment 2023–2024 application portal dated April 7, 2023. However, the commission said that the fraudsters are yet to begin the recruitment process. Nevertheless, they went further to provide […]
