Author: Fishe

President Bola Ahmed Tinubu has signed the 2023 Student Loan Act into law. The bill was passed by the 9th National Assembly but assented to by Tinubu on Monday at the Presidential Villa, Abuja, as part of measures to boost educational access and delivery at the tertiary level. The Permanent Secretary of the Federal Ministry of Education, Andrew Adejo and Dele Alake, a senior aide to the President, both explained that the act will ensure indigent students access the loans to further their education. According to Alake, the loan initiative was part of what Tinubu promised during his electioneering campaigns.…

Brand value refers to the financial worth of your brand. It is your brand’s estimated worth on a balance sheet. A brand is an intangible asset of a company and brand value helps in understanding a brand’s standing in the market in comparison with its competitors. It helps to understand how much the company’s cash inflow is derived from the brand. Linking brand value to a brand’s financial standing can give deeper insights into the brand, its market positioning and helps to make calculated and informed business decisions. The best of wrong investment is; the now cash-out mindset, and…

The Securities and Exchange Commission has declared the activities of a cryptocurrency site known as Binance illegal in Nigeria. The Commission disclosed this in a statement posted on its website recently. It stated that Binance is neither registered nor regulated by it, and its operations in the country are illegal. It noted that anyone conducting business on the exchange does so at their own risk. “It said, “The attention of the Securities and Exchange Commission (the Commission), has been drawn to the website operated by Binance Nigeria Limited, soliciting the Nigerian public to trade crypto assets on its various web…

[highlight bgcolor=”#083810″ txtcolor=”#dee2e2″][highlight bgcolor=”#07420b”]The Joint Task 10th Assembly, a coalition of members-elect of the 10th House of Representatives across party lines, has said two leading contenders, Aliyu Betara and Yusuf Gagdi, have stepped down for the candidate of the All Progressives Congress for Speaker in the coming 10th National Assembly.[/highlight] The Tajudeen Abbas/Benjamin Kalu Joint Task Campaign Office made the claim in a statement issued on Sunday night in Abuja. The statement was titled ‘Disregard Claims that Tinubu Wasn’t Aware of Rt. Hon. Tajudeen Abbas Adoption by APC, Rt. Hon. Abbas Expresses Readiness to Win on the Floor on Tuesday,…

The Federal government, through the Nigerian Ports Authority, NPA, has inaugurated modern Control Towers for the Lagos and Tin Can Island Port complexes to boost efficiency and revenue generation. On Thursday, Mr. Mohammed Bello Koko, the Managing Director of NPA, said safety and security constitute critical operational preconditions towards actualizing the Authority’s regional hub status. While calling for adequate and improved maintenance culture by users of the facility, he noted that the tower would improve the port’s capacity and service delivery for stakeholders within the industry. Koko added that the facility would increase collaboration between government agencies. “The commissioning of…

A bill that strengthens comprehensive provisions for the prohibition and punishment of sexual harassment by lecturers in tertiary institutions has been passed. The Senate passed this bill in 2020 while the House of Representatives passed theirs but with different provisions. The Chairman Senate Committee on Judiciary, Senator Opeyemi Bamidele on Wednesday said the conference committee of both chambers harmonised the different positions as he presented the report during plenary session. The proposed legislation seeks to criminalise sexual harassment by educators against students in tertiary institutions. The National Assembly has also passed a legislation to make compulsory, the inclusion of preventive…

The office of Permanent Secretary of the Ministry of Interior asserted to the statement on Thursday, 8th June, 2023. According to the press release by the Permanent Secretary, Dr. Oluwatoyin Akinlade, the holiday is in commemoration of this year’s Democracy Day celebration. Dr. Akinlade while making the declaration on behalf of the Federal Government congratulated all Nigerians on this occasion. “Nigeria’s democratic journey has, like in many other climes, encountered both stormy and smooth sails, but the ship of State, its institutions and most importantly, the Nigerian people have remained steadfast on the tenets of democratic governance. “On this memorable occasion…

President Bola Tinubu has directed the National Economic Council (NEC), led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on Nigerians. Governor of Ogun State, Dapo Abiodun, stated this after leading some major oil marketers on a courtesy visit to the President at the State House in Abuja. Addressing correspondents after the meeting, Abiodun, who was a former chairman of the oil marketers association, stated that the marketers expressed solidarity with the President for removing the N4trn subsidy burden, a move that can enhance…

Ovonramwen Nogbaisi (ruled 1888 – 1897), also called Overami, was the Oba (king), of the Kingdom of Benin up until the British penal expedition of 1897. Born in circa 1857, he was the son of Oba Adolo, he took the name Ovonramwen Nogbaisi at his enthronement in 1888, every Oba took a new name at his coronation, the name translates as Ovonramwen meaning “The Rising Sun” and Nogbaisi meaning “which spreads over all.” At the end of the 19th century, the Kingdom of Benin had managed to retain its independence and the Oba exercised a monopoly over trade which the British found irksome.…

George Akume has commenced duty in Aso villa office as the Secretary to the Government of the Federation after he was sworn-in by President Bola Ahmed Tinubu. Preceding now, Akume was the Former Minister of Special Duties and Intergovernmental Affairs under former president Muhammadu Buhari from 2019-2023 President Bola Tinubu in a meeting with the Progressives Governors Forum last Friday announced Akume as the SGF and Speaker of the House of Representatives, Femi Gbajabiamila as his Chief of Staff. However, on Wednesday morning, the President administered the Oath of Office on Akume. Akume, subsequently headed to his office located at the…

A former Petroleum Resources Minister Diezani Allison-Madueke, who has since disappeared from Nigeria since 2015 has suddenly appear, only to sue the Attorney General of the Federation and the Economic and Financial Crimes Commission (EFCC), for alleged libel. She is demanding N100bn to be paid to her in damages, according to a writ of summons filed on her behalf at the Federal High Court, Abuja, by her team of lawyers led by Mike Ozekhome (SAN). See Writ of Summon Below: The writ which was seen on Friday night directed the “Defendants jointly and severally to pay to the Claimant the…

A State High Court sitting in Edo State on Friday struck out the notice of suspension issued against Julius Abure, the embattled National Chairman of the Labour Party, by some party members at the ward level. The judge, Justice Emmanuel Aihamoje, dismissed the suit for lack of merit. Obiora Ifoh, the Acting National Publicity Secretary of the party, confirmed the judgment. “Today they have been basically told that the charade can no longer be entertained by the court”, he said. The decision is coming following a suit filed by Abure and the executives of LP Ward 3 in Esan North…