Ijebu businessman, industrialist and community leader, Chief Sakiru Olanrewaju Kassim, also known as Shoka, is dead.The Bobagunwa of Ijebu land died at 88 years old.Shokas dies around 3am on Friday. He was expected to celebrate his birthday in June before death came calling. The late philanthropist, who was the chairman and co-owner of Shokas Textiles…
The Nigerian Communication Commission (NCC) has temporarily suspended new licence issuance to operators in three categories. The Commission, however, noted that the new directive doesn’t affect pending applications which would be considered based on merit.The categories affected include Mobile Virtual Network Operator Licence, Interconnect Exchange Licence and Value Added Service Aggregator Licence. According to the…
A consultant pediatrician has debunked the belief that putting breast milk in the eyes of babies with jaundice would cure it. Dr Funmi Adesokan, Consultant Pediatrician, Osun State University Teaching Hospital, spoke with the News Agency of Nigeria (NAN), on Friday in Osogbo, to sensitise people. Adesokan explained that jaundice was caused by the uncontrolled…
The trial of Tigran Gambaryan, a Binance executive, opened on Friday with a surprising accusation: that Binance, the world’s largest cryptocurrency exchange, played a role in weakening Nigeria’s currency, the naira. This unexpected charge comes alongside money laundering allegations initially leveled against Gambaryan and Binance. Abdulkadir Abbas, a director of Nigeria’s Securities and Exchange Commission…
The Federal High Court in Lagos has convicted the founder of MedContour Services Ltd, Dr. Anuoluwapo Adepoju for her role in a botched plastic surgery resulting in the death of Nneka Onwuzuligbo in 2020, FIJ has reported. Former Director-General of the Federal Competition and Consumer Protection Commission, Babatunde Irukera, announced the conviction via Twitter, expressing…
Governor of Rivers State, Siminalayi Fubara expressed sadness on Thursday over attacks on his supporters by troublemakers allegedly backed by the state’s outgoing Local Government Council chairmen. Fubara stated this while declaring the commencement of construction of the N80.3 billion, 33.5-kilometre Elele-Egbeda-Omoku Road dual carriageway and bridge project in Emohua Local Government Area of Rivers….
The Central Bank of Nigeria (CBN) is making a big move to raise the stake in the remittance game, announcing a strategic move to double foreign currency inflows through official channels. This ambitious plan involves granting Approval-in-Principle (AIP) to a wave of 14 new International Money Transfer Operators (IMTOs). “This initiative is a win-win,” says…
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, yesterday, clarified that the federal government had no intention of illegally tapping into the N20 trillion pension funds for infrastructure development.The clarification followed media reports quoting the minister as saying, after the last Federal Executive Council (FEC) meeting, that the federal government…
President Bola Ahmed Tinubu has received President Bassirou Diomaye Faye of Senegal at the Presidential Villa in Abuja. Videos shared by presidential aides showed the moment the 44-year-old was received at the villa by President Tinubu in company with the Ministers of Finance and Coordinating Minister of the Economy, Wale Edun; Budget and Economic Planning,…
The ceilings of the Oduduwa Hall amphitheater at Obafemi Awolowo University (OAU) in Ile-Ife, Osun State, collapsed on a number of students during a rainfall on Thursday morning. It was gathered that many students were attending lectures when the wooden ceiling fell on them.A source revealed that two students were in critical condition following the…
