Abiola

Kano Senator Give Reasons Why He Donated Clay Pots and White Fabrics to Graveyard

Senator Rufai Sani Hanga, representing the Kano Central Senatorial District in the  House of Assembly has explained the motivations behind his Benevolent Contribution to Constituents’ Burial Ceremonies. Senator Hanga has shed light on the driving force behind his altruistic gesture, attributing it to a profound quest for divine mercy, donating a considerable quantity of 2,000 clay…

International Student Program’s Focus on Study, Not Work- Canadian Immigration Minister

The Canadian Immigration Minister, Marc Miller on Monday made an announcement which unveiled a new provision granting international students the opportunity to engage in off-campus employment for a maximum of 24 hours per week, effective from September onwards. This update comes following the temporary suspension of the 20-hour work limit imposed on international students amid the…

Federal Government Requires for $10 Billion Annually to Revitalize Power Sector- Minister of Power

The Minister of Power, Mr. Adebayo Adelabu, emphasized that the Federal Government necessitates an annual allocation of $10 billion over the course of the next decade to rejuvenate the nation’s power sector and mitigate the persistent liquidity challenges. He further underscored the impracticality of such a financial commitment within the current fiscal framework of the…

CBN Places Restrictions on Opay, Moniepoint, and Others for Onboarding New Customer Over Cryptocurrency

The Central Bank of Nigeria has issued directives preventing several microfinance institutions, including Moniepoint, Opay, and Kuda, from initiating the process of opening new accounts and welcoming fresh clientele. This decision stems from allegations suggesting that these institutions have been implicated in activities involving the channeling of cryptocurrency transactions and exerting undue influence on the…

EFCC Set to Prosecute Forex Racketeers: Crackdown on Illegal Trading

The Economic and Financial Crimes Commission (EFCC) contemplates prosecution of 300 Forex Racketeers engaged in Peer-to-Peer Trading beyond Regulatory Bounds. In a recent interactive session with editors and bureau chiefs in Abuja, EFCC Chairman Ola Olukoyede hinted at potential prosecution proceedings against approximately 300 individuals involved in forex racketeering via a peer-to-peer platform, circumventing financial…

EU Threatens to Suspends TikTok Monetized Viewing Feature

The European Commission is poised to potentially enact the suspension of TikTok’s Lite rewards program, a feature that compensates users for their time spent on the platform, as early as this Thursday. Commissioner Thierry Breton has criticized the program as “toxic and addictive,” particularly when utilized by underage individuals. He said: “We stand ready to…