Category: sun

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Uzodimma woos support for private school operators

From Fred Ezeh, Abuja Imo State Governor, Senator Hope Uzodimma, has solicited increased support for private school operators, particularly those offering basic education services. He said the support has become more important considering the increasing quest and need for quality and affordable education services, stressing that the government alone cannot meet the educational needs of […]

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HYPREP: Tinubu sacks Adekanmbi 2 days after appointment

From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu has sacked Dr. Olufemi Adekanmbi two days after he was announced as Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP), and reinstated Nenibarini Zabbey as Coordinator. The reinstatement of the HYPREP Project Coordinator takes immediate effect. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, […]

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H2 2024 outlook: FG on high alert as naira depreciates

By Chinwendu Obienyi As the second half of 2024 progresses, economic experts’ projections for the naira are expected to keep the Federal Government and the Central Bank of Nigeria (CBN) on high alert. These projections underscore the need for preparedness against upcoming challenges and uncertainties in the currency market. Following the removal of the rate […]

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FG lauds Moniepoint’s contributions to growth of informal economy

By Chinwendu Obienyi Vice President, Mr Kashim Shettima, applauded Moniepoint, a digital financial services platform, for its contributions to the growth of the informal sector, saying they were consistent with the administration’s resolve to enhance economic growth and financial inclusion. Speaking at the launch of the 2024 Nigeria Informal Economy Report, powered by Moniepoint in […]

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NTBs held by PFAs rose to N370bn in May –PenCom

The value of Nigerian Treasury Bills (NTBs) held by Pension Fund Administrators (PFAs) increased by 87% year-on-year (y/y) to N370 billion, latest data from the National Pension Commission (PENCOM) revealed. This was even as the latest monthly report released by the Commission revealed further that the assets under management (AUM) of the regulated pension industry […]

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Harder times as inflation hits 34.19%

From Isaac Anumihe, (Abuja) and Merit Ibe Nigerian masses are in for harder times as June headline inflation rate rose to 34.19% from 33.95% in May 2024. This uptick of 0.24 percentage points underscores a persistent inflationary trend that has been unfolding since last year. The National Bureau of Statistics (NBS), which released the figure […]

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Palmpay commits to deepening financial inclusion

By Chinwendu Obienyi   To deepen financial inclusion in Nigeria, PalmPay, a Fintech firm, has sustained its zero charges policy for customers while carrying out inter-bank transfers. This feature, introduced earlier this year, enables users to make transfers to any bank within Nigeria without incurring any transaction fees. PalmPay’s Managing Director, Chika Nwosu, highlighted the […]

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New Napoli coach speaks on Osimhen transfer

New Napoli coach, Antonio Conte has spoken on the transfer situation of striker, Victor Osimhen. Osimhen has said he wishes to quit the Italian club this summer and Napoli are open to his departure. However, Napoli is yet to receive a formal bid for the player. Conte said Osimhen’s situation has not changed, but he […]

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NPFL: Mbah splashes N50m, other rewards on Rangers

From Jude Chinedu Enugu Governor of Enugu State, Dr. Peter Mbah, has announced a cash reward of N50 million in addition to non-cash gifts to Rangers International Football Club of Enugu, winners of the 2023/2024 Nigeria Professional Football League (NPFL). The governor announced this when he treated the Nigerian champions to a state banquet at […]

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My family played big role in Leicester stay – Ndidi

Super Eagles midfielder, Wilfred Ndidi, has revealed why it was an easy decision to sign a new contract with Leicester City, despite interest from several other clubs, Soccernet.ng reports. The Nigerian international recently committed to a new deal with the English Premier League newcomers, extending his stay at the King Power Stadium until June 30, […]

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Gusau tasks govs to protect game of football

President of Nigeria Football Federation (NFF), Alhaji Ibrahim Musa Gusau, has declared that it is the responsibility of the current governors of the game in the country to protect the game, and ensure its sustainability through necessary developmental projects that will eventually empower everyone in the game’s ecosystem. On a visit to Osun State at […]

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NTF sets sights on promotion as Davis Cup begins

Nigeria is aiming for promotion to Euro Africa Group II as the Davis Cup Africa Group III qualifiers begin in Abuja. The Davis Cup, often referred to as the World Cup of tennis, presents a significant opportunity for Nigeria to return to mainstream tennis. They will compete against Zimbabwe, Benin, Namibia, Ivory Coast, and Ghana […]

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Akusuu arrives Madagascar for FIBA African Mini-Basket Convention

One of Nigeria’s fastest growing female basketball coaches John Simi Akusuu, has arrived Madagascar for the FIBA African Mini-Basket Convention. The African Mini-Basket Convention, is organised by FIBA Africa with the support of FIBA Federation, as part of plans to empower National Federation through Mini-Basket’s coaches and promote Mini-Basket in Africa. Reacting to the development, […]

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Paris 2024: Edem Offiong storms Germany camp

Nigeria table tennis star, Edem Offiong has stormed Germany’s camp of Team Nigeria, BSNSports.com.ng reports. She announced her arrival in the team’s camp in Saabrucken through her social media handle. “Germany for the Olympic training camp! I’m thrilled to have this opportunity to represent my country and train with the best. It’s been a long […]

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Scramble for lgas begins

Quite a significant number is celebrating over the Supreme Court position on local government administration in Nigeria. In a well-oiled judgment it delivered last week, the court ruled that funds meant for local government areas should be paid directly into local government accounts. It also declared the appointment of caretaker committees or sole administrators by […]

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