The Nigeria Deposit Insurance Corporation (NDIC) has announced the successful disbursement of N5 million each to 82.36% of the former customers of the now-defunct Heritage Bank. This payout follows the revocation of Heritage Bank’s license by the Central Bank of Nigeria on June 3, 2024, due to ongoing financial instability and regulatory violations. The NDIC […]
Category archives: Featured
Soludo Launches Second Batch of ‘One-Youth-Two-Skills’ Initiative in Anambra State
Governor Chukwuma Charles Soludo of Anambra State has launched the second phase of the ‘One-Youth-Two-Skills’ initiative, aimed at empowering the youth with practical skills. The event, held at the International Convention Centre in Awka, saw around 8,620 participants selected from 183,000 applicants. In his speech, Governor Soludo emphasized the importance of human capital development, stating […]
NUATE Warns of Imminent Collapse of Nigerian Aviation Agencies
The National Union of Air Transport Employees (NUATE) has raised serious concerns about the potential collapse of Nigerian aviation agencies due to the ongoing 50% deduction of their Internally Generated Revenues (IGRs) by the Federal Government. The union highlighted that these deductions, which have intensified under the current administration since late 2023, are severely hindering […]
Top 10 Countries with the Best Healthcare Systems
In the quest for optimal health and well-being, certain countries have set the standard for exceptional healthcare systems. This article highlights the top nations renowned for their exemplary healthcare services, based on CEOWorld’s rankings. The evaluation considers factors such as medical infrastructure, availability of medical professionals, cost, government readiness, and overall healthcare index.
Obasanjo Criticizes Nigerian Leaders and Calls for Fundamental Change
Former Nigerian President Olusegun Obasanjo has sharply criticized current leaders, suggesting that many are unfit to hold public office and should face imprisonment. Speaking at his home in Abeokuta, Ogun State, during a meeting with House of Representatives members, Obasanjo expressed skepticism about proposed constitutional reforms, including a single six-year presidential term and regional rotation […]
Criticism Mounts Over Handling of #EndBadGovernance Protests: Allegations of Rights Violations
The #EndBadGovernance protests in Nigeria have intensified scrutiny of the actions taken by key government officials and security forces. The demonstrations, which have highlighted widespread discontent over corruption and poor governance, have reportedly been met with aggressive tactics from the Inspector General of Police, the National Security Adviser, and other officials, raising concerns about democratic […]
Plane Crash in Sao Paulo Kills All 61 Onboard
A tragic plane crash occurred in Vinhedo, Sao Paulo state, Brazil, on Friday, resulting in the deaths of all 61 individuals on board. The ATR 72-500 aircraft, operated by Voepass airline, was en route from Cascavel in southern Parana state to Guarulhos International Airport in Sao Paulo when it went down. Initially reported to have […]
Police Raid CDHR Headquarters in Lagos, Halts Symposium
The Committee for the Defence of Human Rights (CDHR) has reported an early morning raid on its national headquarters, Right House, in Ikeja, Lagos by the Nigerian Police. According to a statement from CDHR’s National President, Comrade Debo Adeniran, and National Publicity Secretary, Comrade Idris Olayinka, police operatives blocked access to the building and disrupted […]
Bauchi Governor Vows to Rebuild Vandalized Structures in Azare Following Protests
Governor Bala Mohammed of Bauchi State has pledged to rebuild public and private structures in Azare town, Katagum Local Government Area, following significant damage caused during recent protests against bad governance. During his visit to assess the destruction, the governor condemned the actions of the rampaging youths, calling the vandalism unwarranted and criminal. Governor Mohammed […]
FXTM Academy to Empower Traders with Upcoming Financial Markets Seminar in Lagos
FXTM Academy, a leading financial markets education company, has reaffirmed its dedication to equipping traders with essential skills for success. The Academy announced its upcoming “Ultimate Financial Markets Trading Seminar,” set to take place in Lagos later this month. Abiola Akinyele, Executive Director of FXTM in Nigeria, emphasized the Academy’s mission to empower participants with […]