By Abimbola Ogunnaike The Central Bank of Nigeria (CBN) has disclosed plans to sell N1.64 trillion worth of Treasury Bills(TB) in the second quarter of 2024. The apex bank, which made this disclosure in its Nigeria Treasury Bills Issue programme on Friday, 1 March, 2024, said the TB issue programme commences on March 7th and ends on May 23rd, 2024. In the referenced period, the apex bank will issue TBs worth N414.29 billion on 91 days tenor, N43.74 billion on 182 days and N1.18 trillion on 364 days. A breakdown of the programme revealed that in March, the apex bank…
Author: Olamide Obayemi
By Megito Audu The whole of Iwo town and the entire Nollywood has been thrown deep mourning as the death of a popular Nollywood actor is announced on Friday, 1 March, 2024, reports thegazellenews.com Quadri Oyebamiji, popularly called Sisi Quadri was reported dead on Friday, 1 March, 2024.He was aged 44.Sisi Quadri was reportedly admitted into a hospital in Iwo after having hiccups for hours, and passed on days after. The sad news was made known by his colleague, Tunde Ola Yusuf, who via his Instagram page, shared a photo of him as he announced the sad news. He noted how everything in…
African countries have been urged to renew their commitment to women’s empowerment as a crucial step towards nation-building. This call was made by a former Rector of the Yaba College of Technology, Engineer Obafemi Omokungbe, in his keynote address during the 10th anniversary of the African Women Foundation for Nation Building (WINBAFRICA) held at the Alliance Francaise, Mike Adenuga Centre, Ikoyi, Lagos. Omokungbe, who is also a Fellow of the Nigerian Society of Engineers, aligned his advocacy with the broader initiative by WINBAFRICA for women’s empowerment in Africa, which aims to improve access to education, healthcare, economic opportunities, and political…
As the rainy season draws close, the Federal Government and prominent stakeholders have brainstormed to put out strategies to advert the perennial erosion and flooding problems in the Federal Capital Territory FCT, particularly in the Trademore Estate, Lugbe. The Permanent Secretary, Federal Ministry of Environment, Mahmud Kambari at the Stakeholders meeting on the Annual Flooding at Lugbe Trademore Estate and Environs held in Abuja on Tuesday tasked stakeholders to brainstorm and provide possible solutions to avert annual erosion and flooding in the capital city. The Permanent Secretary, who was represented by the Director, Special Duties in his office, Mrs Adelopo…
By Abimbola Ogunnaike The Federal Government has called on Nigerians to put their mind at rest, saying the implementation of the Oronsaye Report would not result in job lose at all. The Minister of Information and National Orientation, Mohammed Idris, made this disclosure on Wednesday, 28 February, 2024 through a statement signed by his media aide, Rabiu Ibrahim. Recall that 12 years after it received the Stephen Oronsaye Report, the Federal Government, on Monday, approved the implementation of some of its recommendations to reduce the cost of governance. Consequently, 29 government agencies will be merged even as eight parastatals will be subsumed…
By Abimbola Ogunnaike Trailer driver, whose truck rammed into a car and crushed three people to death in a road accident that occurred along Osogbo/Ikirun road, has took to his heel immediately after crash to escape wrath of the people. It was gathered that in the accident involving the truck and a car, all three victims were traveling in a car heading toward Ikirun, the same direction as the truck. Also, the car that the deceased travelled in was completely damaged in the accident which occurred at about 8:25 pm on Tuesday, 27 February, 2023 Speaking on the accident on Wednesday,…
Borno State Governor, Babagana Zulum, has pleaded with President Bola Ahmed Tinubu to reconsider the decision of merging the Army University, Biu, with the Nigerian Defence Academy (NDA), Kaduna. Tinubu had approved the implementation of the Oronsaye report, which was made public after the Federal Executive Council (FEC) meeting on Monday, with the report recommending among other things, the merger of several government agencies and parastatals, including the Nigerian Army University, Biu which is to be merged with the NDA Kaduna. Zulum while reacting to a question by journalists in Maiduguri on Thursday, 29 February, 2024, said: “Let me begin…
By Abimbola Ogunnaike The Federal Government has announced that it has enrolled about 750,000 Nigerians into the National Health Insurance Scheme. The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, made the announcement on Wednesday, 28 February, 2024 at the third edition of the ministerial press briefing series initiated by the Ministry of Information in Abuja, Nigeria’s seat of power According to Pate, President Bola Tinubu-led administration will unveil a comprehensive programme to digitise the nation’s healthcare system in the next two weeks. The briefing series was initiated to provide a platform for public officials to reel out…
By Abimbola Ogunnaike Ogun State Police Command has confirmed that a 20-year-old admission seeker, named Miss Temitope Elemide, has been reportedly raped and killed in Odeda Local Government Area of the state. The State Police Spokesperson, Omolola Odutola, confirmed the sad incident on Wednesday, 28 February, 2028, describing the development as a murder case reported to the police on Sunday, 25 February, 2024. She said one Jamiu Salihu, 29 years, the victim’s boyfriend, had been arrested in connection with the heinous crime. “There was a suspected murder report on the 25th of February from Odeda. The complainant said he met…
A faith-based non-governmental organisation, Muslim Ladies Circle (MLC), has concluded plans to organise a fundraising event of about N8.56 billion. The fundraising is for the construction of Crescent School’s proposed boarding school at Bera Estate, off Chevron Drive Ajiran, Lekki, Lagos. The group’s President, Alhaja Sherifat Adeyemi made the announcement on Tuesday, 27 February, 2024, during a press briefing held at Crescent Schools, 1004 Estate, Victoria Island, Lagos, to create awareness for the fundraising. Prominent Muslim personalities in the private and public sectors are expected to grace this highly anticipated event. The launch is slated for Sunday, 24 March, 2024,…