The President Bola Ahmed Tinubu administration to steer the economy in the right direction has propelled Nigeria to become the destination of choice for most investors. Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun made this known yesterday at a press briefing in Marrakech, Morocco. Highlighting Nigeria’s current investment climate and the opportunities available for foreign ... Read More »
Author Archives: NewsThumb Magz
UBA to Launch ‘Fighting Fraud Together’ Campaign to Protect Customers
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to commence a Fraud Awareness Week – an initiative aimed at empowering customers with knowledge and tools to protect them against fraud and financial malpractices in the banking and financial sector. As a bank renowned for its commitment to integrity and customer security, UBA will be organising this week-long ... Read More »
Breaking : Tinubu appoints Onanuga, as Special Adviser on Information and Strategy
President Bola Tinubu has appointed Bayo Onanuga as his Special Adviser on Information and Strategy. Smart Bed Prices May Be Cheaper Than You Think! This was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale on Friday evening. According to the statement, the appointments, including that of Ms. Delu Bulus Yakubu, ... Read More »
Breaking : CBN bows to pressure lifts ban on cement, 42 items and raises dollar supply
The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as it also lifted the ban on 43 items that were previously not qualified for forex at the official market. The decision came after the naira tumbled to 1,050/$ at the parallel market on Thursday, following pressure from international organisations and experts. ... Read More »
Update: Update : MAP, EKEDC Assures Electricity Customers, 100% Metering For All Customers Soon -Tinuade Sanda
The Eko Electricity Distribution Company (EKEDC) says all electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme will be refunded through a credit “token” within six months. The Chief Executive Officer, EKEDC, Dr Tinuade Sanda, gave the assurance during a Customer Engagement Forum on Thursday in Agbara, a suburb of Lagos. The News Agency of Nigeria ... Read More »
Renewed Hope : Cash Transfer and Social Intervention programs, Tinubu Includes Veterans and Families of Fallen Heroes, Says Betta
Federal Government Under President Bola Ahmed Tinubu has included vulnerable ex-service men ,Widows and dependants of fallen heroes in the National Social Register to benefit from the Conditional Cash Transfer and other Social Intervention programmes. The Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu disclosed this during an official visit to the Ministry of Defence Headquarters, Tuesday in ... Read More »
Renewed hope : Tinubu set to relaunch Tradermoni, beneficiaries to get N50,000 each, Says Betta Edu
The federal government on Monday, October 9, said that it would reintroduce the TraderMoni scheme next month. In the past administration, Tradermoni was one of the programmes under the Government Enterprise Empowerment Programme (GEEP). The interest-free loan scheme for traders which started in 2018, has been on hold for some time. With the reintroduction of the scheme, each beneficiary is ... Read More »
Sweet Experience : Nigerians will have their passports delivered to their homes, begins February 2024, Says Tunji-Ojo
toThe Minister of Interior, Dr Olubunmi Tunji-Ojo, has said Nigerians will have their passport delivered to their homes, offices, and other locations of their choice from February 2024. Speaking on Monday at the opening ceremony of the International Week of the University Of Lagos, titled, ‘Breaking the Borders of Partnership,’ Tunji-Ojo said that by January next year, Nigerians would be ... Read More »
Breaking : Court sentences killer police, ASP Vandi, to death by hanging for killing a lawyer, Omobolanle
A Lagos State High Court sitting at Tafawa Balewa Square on Monday, October 9, sentenced an Assistant Superintendent of Police (ASP), Drambi Vandi, to death by hanging for killing a Lagos-based lawyer, Omobolanle Raheem, on December 25, 2022. Justice Ibironke Harrison convicted Vandi, on a one-count charge of murder brought against him by the Lagos state government. The judge sentenced ... Read More »
Building to Last : Nurturing Excellence and Crafting Future African Leaders at UBA.
Some moments resonate as profoundly remarkable in life, where dreams are born from humble beginnings and transformed into extraordinary realities.As I stood before 700 UBA graduate trainees, drawn from across Africa, I thought of the long journey that brought me to where I am today. A journey that began with the same vigour, dedication, and hope that I saw in ... Read More »