If you've ever dreamed of making money while you sleep, you're not alone. The idea of passive income, where you earn money without constant effort, can sound too good to be true. But with the right strategies, it’s possible to start building passive income streams without breaking the bank.Let’s explore how you can start a passive income business with...
Senegal's President Bassirou Diomaye Faye on Thursday announced he had dissolved the opposition-dominated parliament and set new legislative elections for November 17."I have dissolved the National Assembly to ask the sovereign people for the institutional means that would allow me to give substance to the systemic transformation that I promised them," Faye said on national television."Today, more than ever,...
Operatives of the Department of the State Service, DSS, have arrested the President of the Nigeria Labour Congress, NLC, Joe Ajaero.
It was gathered that he was arrested this morning at the Nnamdi Azikiwe International Airport, Abuja.
Ajaero was about to board a flight to the United Kingdom, UK, for an official assignment when DSS picked him up.Although details of the...
These days, starting an online business is one of the most accessible ways to create wealth. With minimal overhead, low barriers to entry, and a vast global audience, the opportunities are endless for those willing to embrace the world of e-commerce and online services.However, it’s no secret that the online business world is saturated, with countless entrepreneurs competing for...
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month notice to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods.
The move is to address the growing trend of unreasonable pricing of consumer goods and services and unwholesome practices of market associations.
Thursday statement by the commission, said the Executive Vice-Chairman of...
FG Approves Duty-Free Rate To Curb Rising Food Cost In Nigeria
Following the approval of a 100 per cent Duty-Free Rate and Value Added Tax VAT) exemption on select basic food items, the federal government has unveiled guidelines on the policy’s implementation, to tame the rising cost of food and stimulate domestic agricultural growth.
The guides came as the Consumer Price...
Adult Video Disrupts Nigeria's DMO's Online Meeting With Investors On Dollar Funding
A pornography video clip, on Thursday, interrupted an investors’ call organised by Nigeria’s Debt Management Office (DMO) to secure dollar investments.
The incident occurred during a hybrid roadshow for the federal government’s dollar-denominated domestic bond.
The incident, which came across as bizarre and embarrassing, has been linked to “hackers”.
The DMO is...
Godswill Akpabio To National Hunger Protesters - We Will Be There Eating While You Are Protesting
Senate President Godswill Akpabio has taunted those calling for demonstrations over the economic hardship in the country.
According to him, those interested in the protest can go ahead “but let us be there eating”.
Akpabio spoke at an event organised by the Niger Delta Development Commission...
President Bola Tinubu, on Monday, signed the new Minimum Wage Act into law.Tinubu signed the new law at 2 pm at the Council Chamber of the Presidential Villa, Abuja.
The brief ceremony was witnessed by the President of the Senate, Godswill Akpabio, and Deputy Senate President, Barau Jibrin, among others.
The Ogun Youth Assembly has declared the proposed national hunger protest scheduled for August 1 as faceless, lacking direction and a misplaced priority.The youth group said that rather than embarking on any activity that could further make life difficult for Nigerians, the option of dialogue which is quite beneficial to all should be considered.The Chairman of the youth group,...
The Senate on Tuesday passed the new National Minimum Wage Bill to empower Nigerian workers to earn at least N70,000 on a monthly basis.In the House of Representatives, the bill scaled second reading.The executive bill seeks to amend the minimum wage from N30,000 to N70,000 and reduce the review period from five years to three years.President Bola Tinubu had...
Alagbole, Akute, Ajuwon Roads Added To Roads To Be Constructed In Phases By Ogun State Government
The Ogun State Executive Council has approved the construction of five additional roads across the State.Ade Akinsanya, Commissioner for Works and Infrastructure, dropped the hint on Thursday during a press conference while giving an update on ongoing road constructions in the State.The five additional...
The President of the Nigeria Labour Congress, Joe Ajaero on Thursday gave reasons why the Organised Labour accepted the proposal of N70,000 minimum wage from the President, Bola Tinubu.Ajaero, who spoke to State House reporters after the meeting with the President, said the unions agreed to the offer because of other incentives attached.He said another reason for accepting the...
The governor of Oyo, Seyi Makinde, says his administration will ensure that residents do not suffer from the supreme court verdict on financial autonomy for LGAs.Makinde spoke on Monday during a meeting with LG stakeholders in Ibadan, the state capital.The governor also said the apex court’s judgment has created a lacuna.Section 162(6) of the 1999 Constitution states that “each...
The Independent National Electoral Commission (INEC) has invited applications from qualified candidates ahead of Edo, Ondo Governorship elections.
The commission made this known via its x handle on Sunday.
The advert reads as below:
VACANCIES FOR AD-HOC STAFF FOR #EdoDecides2024 AND #OndoDecides2024 GOVERNORSHIP ELECTIONS.
Applications are invited from qualified candidates to serve as Ad-Hoc staff for the Edo and Ondo Governorship Elections in...
The Federal Government has provided the details of the Samoa Agreement it signed recently.
The controversial agreement was signed at the Organisation of African, Caribbean, and Pacific States (OACPS) Secretariat in Brussels, Belgium on June 28, 2024.The partnership agreement is between the EU and its Member States, on one hand, and the members of the OACPS.
The negotiations on the agreement...
Facebook Activate Content Monetization For Eligible Creators In Nigeria And Ghana
After a long wait, Social media giant, Meta, has announced that Nigerian and Ghanaian content creators with 5,000 followers would earn money on Facebook from July 1, 2024.
The company also rolled out monetization features, In-Stream Ads on Facebook and Facebook Ads on Reels yesterday.According to a statement released by...
The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and authorised forex dealers, advising them against rejecting old and lower dollar denominations from customers in the country.According to the apex bank, the directive became necessary as it had been inundated with complaints from customers after it conducted consumer market intelligence.In a circular dated...
After about 13 years of trial, the Supreme Court, on Friday morning upheld the conviction of the former Managing Director of the defunct Bank PHB Plc, Mr Francis Atuche.
In the unanimous judgment read by Justice Moore Adumein, the Supreme Court held that the appellant, Francis Atuche, did not attempt to dislodge the finding of the trial court and the...
Edo State police command has confirmed the arrest of the suspected murderer of a University of Benin (UNIBEN) fresh graduate known as Glory Adekolure, 15-days after the deceased was declared missing.
According to the Edo state Police commissioner, Funsho Adegboye, the suspect was nabbed in Asaba Delta State.
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The Central Bank of Nigeria has issued new guidelines for Deposit Money Banks regarding the deposit of foreign currency notes.This directive was detailed in a circular issued by the Director of Currency Operations, Mohammed Solaja, and posted on the bank’s website on Friday.The CBN specified that each bank is allowed a maximum daily deposit of $10 million in USD...
The Director General of the National Agency for Food and Administration and Control, Prof Moji Adeyeye, has urged Nigerians to refrain from storing cooked food in the refrigerator for more than three days.Adeyeye warned that cooked food stored in the refrigerator for days is susceptible to contamination by disease-causing pathogens, key agents of foodborne diseases that can lead to...
Two men, Ugwu Chijioke and Ibrahim Adekunle, have been sentenced to 46 years in prison for impersonating operatives of the Economic and Financial Crimes Commission and executing a fake court order.According to a statement on X on Sunday, the duo were arrested in May 2021 at New Horizon Estate, Lekki, Lagos, following credible intelligence received by the commission.At the...
The federal government has declared Monday and Tuesday, 17 and 18 June, public holidays to mark this year’s Eid-el-Kabir celebration.This was contained in a statement by the Permanent Secretary of the Ministry of Interior, Aishetu Ndayako, on Friday in Abuja.She stated that the Minister of Interior, Olubunmi Tunji-Ojo, who made the declaration on behalf of the federal government, congratulated...
The Nigerian Deposit Insurance Corporation has assured depositors of Heritage Bank that theres no need for panic as it is already in the process of repaying depositors of the bank.
Bello Hassan, the Managing Director of NDIC disclosed this at a press briefing where he outlined the processes of repayment, insisting that the corporation will not take 30 days as...
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their industrial action – over a lack of consensus on a new minimum wage and the hike in electricity tariff – for one week.
The TUC president Festus Osifo confirmed this in Abuja on Tuesday after a joint extraordinary national executive council meeting of the unions.“A...
The Government of Germany has launched what it terms as ‘Opportunity Card‘ for skilled individuals outside the European Union (EU) to search for work opportunities in Germany.
The portal where applicants were asked to apply showed Nigeria as one of the countries of residence of intending applicants.
This was announced on Germany’s Federal Foreign Office Consular Services Portal on June 1,...
A suspended Deputy Commissioner of Police, Abba Kyari, has been released from the Kuje Custodial Centre in the Federal Capital Territory after spending 27 months in detention.Kyari was detained following his arrest on February 14, 2022, by the National Drug Law Enforcement Agency for alleged involvement with an international drug cartel.Kyari, along with four members of the Police Intelligence...
Justice Lifu agreed with the arguments of her lawyer that the offence with which Mrs Okoli was charged with was a bailable one.
Justice Peter Lifu of the Federal High Court, Abuja, has granted Chioma Okoli ₦5 million bail with two sureties in like sum over allegations bordering on her online commentary on Erisco Foods Limited’s tomato paste.
While admitting her...
Members of the organised labour, on Friday, declared a nationwide indefinite strike over the Federal Government’s refusal to raise the proposed minimum wage from N60,000.The President of the Nigeria Labour Congress, Joe Ajaero, disclosed this at an ongoing press conference in Labour House, Abuja.Ajaero said the strike would begin by midnight on Sunday, June 2, 2024.
The President of the...
As prices of fresh tomatoes have tripled in less than a month, many Nigerians now look for alternatives to the vegetable which is a major ingredient in the preparation of the country’s legendary jollof rice.Tomato prices in Africa’s most populated nation, have jumped by 350 per cent to N45,000 for a 25kg basket as against N10,000 three weeks ago,...
Listen To Nigeria's Old National Anthem Full Lyrics "Nigeria We Hail" As Tinubu Drops 'Arise O Compatriots'
Some Nigerians have expressed outrage after the country's national anthem was changed with little consultation.
On Wednesday, President Bola Tinubu signed the bill to revert to Nigeria’s old national anthem, which was dropped by a military government in 1978.
The newly re-adopted anthem, which begins...
Governor Abba Kabir Yusuf has presented the letter of reinstatement to 16th Emir of Kano, Muhammadu Sanusi II.
Presenting the letter on Friday, the governor said, “We return Sanusi out of conviction that he was victimized in 2019.“We also return him as the rightful Emir of Kano, to continue the good job he was doing for the good of Kano...
A Federal High Court in Abuja has granted the former commander of the Force Intelligence Response Team, DCP Abba Kyari, two weeks’ bail after 27 months in detention.Kyari is expected to conclude his mother, Yachilla Kyari’s burial rites.The court subsequently set Friday, May 31, for the determination of his bail application in the trial over drug-related charges filed by...
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the Nigerian apex bank ordered Moniepoint, Kuda, Opay, Palmpay not to onboard more customers because of the allegations that the Fintech operators' platforms are being used for illegal foreign exchange.
Cardoso added that the instruction not to onboard isn't revocation of licenses but a a precautionary...
Officers of the Nigeria Army have reportedly shut down Banex Plaza, a shopping complex located in the Wuse 2 area of the Abuja, following attacks on some soldiers over the weekend.A trader at the nearby Emab Plaza, Mr Somto, confirmed this said, "Banex is locked down. We are not affected by it though. Some men of the Army are...
British and WBC Champion, Tyson Fury, will be up against Ukrainian Oleksandr Usyk for the heavyweight title unification bout in Saudi Arabia, later tonight.
Ring walks for the undisputed title fight will begin at 22:00 GMT and will soon be followed by the bout.
Usyk's WBA, WBO, IBF and IBO belts will be on the line.
Fury will fight to add the Ukrainian’s titles...
Hamma Bello, a prosecution witness in the trial of a former Head of Service of the Federation, Winifred Oyo-Ita, and her assistants, Ugbong Efiok, Garba Umar, has narrated before Justice Omotosho of the Federal High Court, Abuja, how the defendants diverted public funds into their private companies.
Oyo-Ita (the first defendant), alongside her special assistants, Ugbong Effiok (seventh defendant), and...
The Nigeria Labour Congress and Trade Union Congress on Wednesday walk out from the minimum wage negotiation meeting after the Federal Government offered to pay N48,000, a figure far below the N615,00 the unions were demanding as the new national minimum wage.After abandoning the session, the furious labour leaders summoned an emergency press conference where they vented their displeasure...
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on charges of illegal printing of naira notes.He was arraigned on four counts before the Federal Capital Territory (FCT) High Court at Maitama in Abuja.The EFCC accused him of printing N684 million notes at the cost N18.96 billion...
There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature.
Lagos State Unearth Eighty-Six Rooms Where Tenants Pay N250k Per Annum Under The Bridge Lagos State’s Commissioner for Environment and Water Resources, Tokunbo Wahab, on Wednesday said the government discovered 86 partitioned rooms, sized 10×10 and 12×10, under the Dolphin Estate Bridge, Ikoyi, on Lagos Island.Tenants are said to be paying N250,000 per annum for the makeshift apartment under the...
The University of East Anglia, located in Norwich, UK, has announced scholarships worth £33,150 (N44.3 million) and transportation cost of £4000 (N5.3 million) to Nigerians seeking masters programmes.According to the information on the school website, the funding opportunity is the David Sainsbury Scholarships in Global Plant Health, which is fully funded for students planning to travel to the UK...
John Enoh, the Sports Minister, has held talks with the immediate past Super Eagles head coach, Jose Peseiro, over a possible return to the team.According to a reliable source in the Nigeria Football Federation (NFF) revealed that the sports minister has established contact with Peseiro’s representatives with both parties opened to the idea of the former Saudi Arabia and...
Hamma Bello, a prosecution witness in the trial of a former Head of Service of the Federation, Winifred Oyo-Ita, and her assistants, Ugbong Efiok, Garba Umar, has narrated before Justice Omotosho of the Federal High Court, Abuja, how the defendants diverted public funds into their private companies.Oyo-Ita (the first defendant), alongside her special assistants, Ugbong Effiok (seventh defendant), and...
Liu Bei, the owner of the Abuja-based Chinese supermarket that was sealed by the Federal Competition and Consumer Protection Commission (FCCPC) for not allowing Nigerians to shop at the facility, has denied the report that her store located in Abuja, applies discriminatory policy.Liu Bei appeared before a tribunal at the FCCPC on Wednesday in the company of her family...
One of the collaborations that many fans and lovers of Afrobeat have long for, which may never happen is to see Davido and Wizkid on a song.Though the duo of Davido and Wizkid have performed on a stage together, but are yet to produce a track together.Meanwhile, Asa Asika, the manager of Davido in a recent interview has offered...