CBN agric guarantee hits N131b
The Central Bank of Nigeria (CBN) has guaranteed the sum of N130. 90 billion loan to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) between its inception in 1977 and May, this year. The Chairman of the Board of the ACGSF, Mr. Stephen Okon, gave the update at the
Sanwo-Olu approves increase in BRT fare
The Lagos State Governor, Mr. Babajide Sanwo-Olu, has approved a flat rate increase by N100 in fares for all Bus Rapid Transit (BRT) and Standard routes. With the increase, a bus ride from Ikorodu – TBS will now cost N600 from N500 while Berger to Ajah is now N700,
Court stops Oyo Assembly from deputy gov’s removal
An Oyo State High Court sitting in Ibadan has stopped the state House of Assembly from going ahead with the impeachment process against the Deputy Governor, Rauf Olaniyan. Justice Ladiran Akintola gave the order on Wednesday when the case filed by the deputy governor came up for hearing before him.
IBEDC commences mass disconnection of electricity over huge debts by customers
The Management of Ibadan Electricity Distribution Company (IBEDC) said it has retooled its revenue drive strategy to ensure that customers with huge debts pay up. The affected customers include those with the issues of non-payment of bills, underpayment of bills, meter bye-passing, use of illicit meters and energy theft. The
Voter registration won’t end June 30, INEC assures Nigerians
The Chairman, Independent National Electoral Commission, Mahmood Yakubu on Saturday assured Nigerians that the ongoing continuous voter registration would not end on June 30 as earlier announced. Yakubu disclosed this on Saturday during the Youth Vote Count Mega Concert 2.0 organised by the commission in partnership with Yiaga Africa and
Bread producers threaten strike over bakery materials’ price hike
Bread producers and caterers on Friday threatened to withdraw their services nationwide due to the unprecedented increase in bakery materials and the neglect of the Federal Government to this matter. In a communiqué issued by their national body – Association of Master Bakers and Caterer of Nigeria, they stated that
Laide Bakare goes against her 5years promise as she does the unexpected
Nollywood actress, Laide Bakare has finally unveiled her daughter’s social media handle, she went against her promise to keep her daughter’s social media handles private till after 5 years. It was reported that Laide Bakare had revealed why she kept her daughter, Simi, away from the public. A follower
Enugu community invokes deities for peter Obi’s victory in 2023 elections
Residents of Obeleagu Umana in the Ezeagu Local Government Area of Enugu State have invoked their deities to rise up against any force or power that would hinder the presidential candidate of the Labour Party (LP), Peter Obi, from emerging as the winner of the 2023 general elections. This
Polaris Bank obeys court order, pays customer N500,000 for failed POS transaction
Polaris Bank on Wednesday paid N500,000 as damages to a customer in Akwa Ibom State who had complained that the bank did not reverse within 72 hours as provided by the law a failed N61,000 Point of Sale (POS) transaction. The bank paid the money in obedience to an order
Americans Have Right To Carry Guns In Public: US Supreme Court
The US Supreme Court ruled on Thursday that Americans have a fundamental right to carry a handgun in public, a landmark decision with far-reaching implications for states and cities across the country struggling with a surge in gun violence. The 6-3 decision strikes down a more than century-old New York