Day: July 12, 2023

I Now Understand How Great My Husband Was — Late Prof. Lai Oso’s Wife

ADEOLA YUSUF

Abimbola Oso, wife of the late Professor Lai Oso of the Department of Mass Communication, School of Communication, Lagos State University, said that death has made her realise the worth of her husband. Mrs Oso said she can now fully understand how great her late husband was, noting that he will be sorely missed. READ ALSO: The Path Lai Oso Dreaded, By Dorcas Sanni How Am I Going to Cope? – Lai Oso’s Widow As Late Prof For Burial July 14 Tribute To Lai Oso: The Only Area Where My…

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Fuel Subsidy: Approve N500bn As Palliatives, Tinubu Writes Reps

Ganiyu Amodu

The President, Bola Tinubu, has written to the House of Representatives seeking an amendment to the 2022 supplementary appropriation Act. The amendment, he said, was to allow the Federal Government to source N500 billion for palliatives to cushion the effect of subsidy removal. The Speaker of the House of Representatives, Tajudeen Abbas, read the president’s letter during plenary on Wednesday. READ ALSO: Mark Zuckerberg Trains With UFC Champions After Banters With Elon Musk Nigerian Students Face Tough Times In UK, Tuition Soars By 60% Why Tinubu Should Reconsider 7.5% VAT…

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Mark Zuckerberg Trains With UFC Champions After Banters With Elon Musk

Ganiyu Amodu

Zuckerberg and Musk have renewed challenge on having a showdown cage fight   The Meta Chief Executive Officer, Mark Zuckerberg, on Tuesday, was pictured training with UFC champions, Israel Adesanya and Alexander Volkanovski. The picture of his training session with the UFC champions has further increased speculations on the possibility of an MMA fight between him and Twitter CEO, Elon Musk. Recall that the prospect of an MMA showdown between the tech gurus started as an online banter some weeks back. READ ALSO: Twitter Rival, Threads, Hits 10 Million Users…

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Halt $5Bn Revenue Leakage As Freight To Foreign Ships, LCCI Urges President Tinubu

Abibat Babalola

…applaud him for the recognition accorded Organized Private Sector Lagos Chamber of Commerce and Industry (LCCI) applauded President Bola Ahmed Tinubu for recognizing the role of the Organized Private Sector in the realization of the socio-economic objectives of Nigeria. LCCI   said this has been reflected in the President’s actions since the inauguration to stabilize the market and support the private sector. It however urges the administration to halt the revenue leakage of more than $ 5 billion paid as freight to foreign ship owners “While we commend the Government on…

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Nigerian Students Face Tough Times In UK, Tuition Soars By 60%

Abibat Babalola

Many Nigerian students are facing tough times in the United Kingdom after the naira equivalent of their tuition fees increased by over 60 per cent following the recent move by the Central Bank of Nigeria to unify the nation’s foreign exchange rates. About two weeks after President Bola Tinubu promised to unify the nation’s multiple exchange rates, the apex bank decided to float the naira at the Investors and Exporters’ Window of the foreign exchange market. Since then, the naira has fallen from N471/dollar to N750/dollar and N589.4/pound to N957.2/pound.…

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I’d Have Committed Suicide – Femi Otedola

Aliyu Aliyu

WORD-FOR-WORD: Why I once thought of ending it all, Nigerian Billionaire opens up     Nigerian billionaire, Femi Otedola, has revealed that he almost committed suicide after losing $480 million in the diesel market in 2008. He spoke about his depressive episode during his business partner Akin Akinfemiwa’s 50th birthday celebration in London. “In 2005, I had a friend that worked in Oando, and she did mention to me that she had a colleague. READ ALSO: Nollywood Mourns Again As Actress, Cynthia Okereke, Dies First Bank: SEC Investigates Otudeko’s FBN…

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Nollywood Mourns Again As Actress, Cynthia Okereke, Dies

Precious Ibekwe

Veteran Nollywood actress, Cynthia Okereke has died. Her death was announced by her colleague, Joseph Okechukwu, in a post on his verified Twitter handle on Wednesday. Okechukwu wrote, “REST IN PEACE, Nwanyi oma. I’m shattered beyond words. The fact that I was about to pay for your flight ticket to come to finish what we started only to hear you went to be with Lord just last night is one of the toughest things I’ve ever had to deal with in recent times. “I pray I’m able to recover from…

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Six Students Score 01 As NECO Releases Common Entrance Results

Abibat Babalola

The National Examinations Council (NECO) has announced the release of the results of the 2023 National Common Entrance Examination (NCEE) into unity colleges. Permanent Secretary, Federal Ministry of Education, David Adejo, while briefing newsmen after receiving the results from the Registrar of the National Examinations Council, Prof. Ibrahim Wushishi, said a total of 72,865 pupils registered for the exams. The News Agency of Nigeria (NAN) reports that  NCEE is for admission into Junior Secondary School (JSS 1) of Federal Unity Colleges and this year’s edition was written on June 3,…

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First Bank: SEC Investigates Otudeko’s FBN Share Acquisition

Abibat Babalola

The Securities and Exchange Council is currently investigating the acquisition of 4.7 billion shares of FBN Holdings by a former Chairman of the bank, Oba Otudeko, The PUNCH has confirmed. A source within the commission, who pleaded anonymity, confirmed to our correspondent that a probe of the contentious deal that which was published on the website of the Nigerian Exchange Limited of Friday, July 7 was currently being probed. The source said, “I am aware the Commission is looking into the transaction. A report has been made already and forwarded…

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