Day: May 7, 2024

Those Fighting El-Rufai, Yahaya Bello Working Against Tinubu’s 2027 Ambition – APC Chief

Aliyu Aliyu

. Says ‘if they don’t repent, Tinubu’ll attend their funeral’ A chieftain of the All Progressives Congress, Jesutega Onokpasa, has revealed that certain appointees of President Bola Tinubu are plotting to succeed him before the end of his tenure and are seriously wishing that the President will not make it to 2027 for their selfish reasons. Onokpasa, a lawyer and former member of the APC Presidential Campaign Council for Asiwaju Bola Tinubu, who lamented the alleged hypocrisy, pull him down mentality and anti-party activities going on in the governing party,…

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‘Done Deal;’ Shell To Exit South Africa, Gives Reason

Ganiyu Amodu

Energy company, Shell Plc, has announced its decision to sell off its majority stake in the South African downstream subsidiary, Shell Downstream SA (SDSA). The decision comes after conducting a thorough evaluation of its global operations. Shell Downstream SA (SDSA) was established a decade ago when Shell South Africa and Thebe Investment Corporation, a black empowerment firm, decided to merge Shell South Africa Marketing and Shell South Refining businesses. Thebe Investment Corporation acquired a 28% equity share in the venture. READ ALSO CBN Issues July 7 Deadline For PoS Operators’…

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CBN Issues July 7 Deadline For PoS Operators’ Registration With CAC

ADEOLA YUSUF

Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja on Tuesday. Speaking at the event, the CAC boss said the two-month timeline to register their agents, merchants, and individuals with the commission, was “in line with legal requirements and the directives of the Central Bank of Nigeria”. “The measure aims at safeguarding the…

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See Exemptions To CBN’s Cybersecurity Levy

ADEOLA YUSUF

Central Bank of Nigeria (CBN) has mandated all banks to begin charging a cybersecurity levy on transactions. The levy is to be implemented in two weeks and is a follow-up on earlier letters emphasizing compliance with Cybercrimes (Prohibition, Prevention, Etc.) Act 2015. The Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024 has provided for the levy of 0.5 per cent (0.005) equivalent to a half per cent of all electronic transactions value by the business specified in the Second Schedule of the Act. READ ALSO Takeaways From Tinubu’s Trip to Riyadh…

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Takeaways From Tinubu’s Trip to Riyadh and Hague, By Temitope Ajayi

ADEOLA YUSUF

Since his first trip abroad as President of Nigeria to Paris in June last year, where he joined other world leaders at the New Global Financial Pact Summit convened by President Emmanuel Macron, President Bola Tinubu has undertaken many other important trips where he has drawn global attention to the new realities in Nigeria and indeed Africa. On those trips, he emerged as the chief salesman of Nigeria and Africa. Like his previous travels where he had forcefully spoken, with admiration, on behalf of Nigeria or for West Africa as…

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Why Queues Are Disappearing In Lagos, Abuja Stations – NNPCL

ADEOLA YUSUF

. Flaunts 30-Day Reserves, Gives Self Pass Mark, Cautions Against Panic Buying   The Nigerian National Petroleum Company Limited (NNPCL) declared on Tuesday that “the queues have since thinned out,” in stations it monitored in Lagos and Abuja. Platforms Africa reports that this, which was contained in a statement by Olufemi Soneye, Chief Corporate Communications Officer NNPC Ltd, came as the oil major maintained that the development “will keep improving daily in other states.” READ ALSO: NERC Under Fire As Labour, Chambers of Commerce, Consumers Reject Electricity Tariff Cut List…

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SIM Boxing, And The Unboxing of a Crime Syndicate, By Bala Bakori

ADEOLA YUSUF

“Have you ever received an international call but saw a local phone number ring in? That is SIM Boxing in action. Let me explain”   Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside the box;” then there is the “Pandora’s box” that no…

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Lagos Lawmakers Review Gas Explosion That Killed 15, Injured 35

Gbenga Adeoti

. Gas regulation falls under ‘exclusive list,’ but here is our demand – Obasa   Following a recent gas explosion in the Ajeromi/Ifelodun area of Lagos that resulted in fatalities, the state House of Assembly has called on concerned ministries, departments and agencies of government to step up enforcement of safety laws to protect lives and property. Platforms Africa reports that the House, at plenary presided over by Rt. Hon. Mudashiru Obasa, on Monday, tasked two ministries – Physical Planning and Urban Development – as well as Special Duties –…

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List of 60 Areas In Lagos Newly Upgraded to Band A For 20 Hrs Daily Supply

ADEOLA YUSUF

. NERC Okays 60 Feeders Upgrade For EKEDC, Ups Number On Band A To 134   The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of 60 additional feeders of Eko Electricity Distribution Company, bringing the total to 134. Platforms Africa reports that the upgrade follows a review of the feeders in line with their capabilities to give the customers classified under the feeder at least 20 hours of power supply daily. The list The feeders are Agbara Local T5, Agbara Local T6, Beecham, Medallion Data Centre, Custom 2,…

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LIST: Post UTME 2024/2025 Is Out In These Universities, Polytechnics

Abibat Babalola

  + What applicants and their parents must know about online screening closing date and deadline for federal, state and private higher institutions in Nigeria   Here is a list of federal, state, and private universities selling admission screening forms. The post UTME screening form for the 2024/2025 academic session for Federal Universities, State Universities, Private Universities, Polytechnics and colleges of education is out. In Nigeria, most universities conduct a post-UTME examination, while others opt for online screening exercises for candidates seeking admission to their various programmes. What is Post…

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