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AfDB approves $1.3 million grant for female financial inclusion research in Africa

The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent. In a statement on Monday, AfDB said the grants will be disbursed by Africa digital financial inclusion facility (ADFI), a blended finance vehicle supported by the bank. The grants will be disbursed to two fintech firms, Pula Advisors Kenya and M-KOPA Kenya. AfDB said Pula Advisors will use the $1 million for research of social and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia while M-KOPA will use the $300,000 funding for research involving 500 women and men in Kenya’s Kisumu, Eldoret and Machakos counties. It said findings from the research will inform th...

AfDB approves $1.3 million grants for women’s access to digital finance

The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday, the grants for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI). ADFI is a pan-African initiative designed to accelerate digital financial inclusion throughout Africa. It is a blended finance facility of AfDB with two financial technology firms; Pula Advisors Kenya Ltd. and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Mor...

OPC nabs four ‘kidnappers’ in Ibarapa

The Oodua Peoples Congress, OPC, in Oyo State said yesterday that it arrested four suspected Kidnappers in the Ibarapa, area of the state. The group, under the supervision of its state coordinator, Mr Rotimi Olumo, said it made huge progress with the arrest of the second in command to the dreaded kidnapper, Wakilu, Isiaka Muhammadu was also arrested. The arrest was made around 1 pm on Friday, while the OPC was on a search mission for the dreaded Wakilu that had been terrorising the entire area. Muhammadu, who was arrested around 5 pm, had given vital information that might lead to the arrest of the kingpin. Olumo stated that suspected kidnappers had been a thorn in the flesh of the residents of the community. According to him, the four suspects have been handed over to the police and they ...

DHQ reorganises operations to tackle security challenges

The Defence Headquarters has said it is reorganising operations across theatres toward tackling security challenges in the country. Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, disclosed this while giving update on the operations of the armed forces across the country yesterday in Abuja. Enenche said the recent changes in the leadership of the armed forces would usher in new modus operandi for tackling security challenges in the country. He said the service chiefs on assumption of duty, immediately hit the ground running, by conducting operational visits to the North East. “In line with the re-organisation of the armed forces of Nigeria with the appointment of new service chiefs, the operations of the armed forces are equally being reorganised to tackle security challenge...

#ENDSARS: Group urges youths to end proposed protest in Lagos

The Committee of Youths on Mobilisation and Sensitisation (CYMS) has urged Nigerian youths to boycott the proposed protest in the interest of peace and socioeconomic stability that were affected after the 2020 “ENDSARS PROTEST”. The Lagos State coordinator, CYMS, Leonard Obasi, disclosed this in a statement issued to newsmen on Friday in Abuja. To counter the proposed Feb. 13 protest #OccupyLekkiTollGate at the tollgate plaza, some youths had announced a #DefendLagos rally to hold at the same venue. The plan to #OccupyLekkiTollGate came barely a day after the controversial ruling of the Lagos Judicial panel of inquiry to reopen the Lekki Tollgate. Obasi said that this has become compelling owing to reports of a planned protest by what he described as some self-centered elements who were he...

2023: Group begs Yahaya Bello to join presidential race

As the preparations for Nigeria’s presidency in 2023 intensifies, a diaspora group known as Governor Yahaya Bello Solidarity Movement, has joined the voices calling on Kogi State Governor, Alhaji Yahaya Bello to join the race. Coordinator of the group, Joy Robinson, in a statement issued in Abuja said, that their decision to back the governor is because there’s need for what she called a competent, energetic, detribalised, progressive, courageous and a religious leader to oversee the affairs of the country. The group noted that anybody with such qualities would assist in taking the country away from the current social and economic problems facing the country, saying Bello possessed all these in addition to being a youth with a track record of performance. According to it, “After considerin...

DHQ: Operation Thunder Strike neutralises armed bandits in Kaduna

The Defence Headquarters (DHQ) on Sunday said that the air component of Operation Thunder Strike has neutralised several armed bandits at Chikwale Forest in the Mangoro area of Chikun Local Government Area in Kaduna State. The post DHQ: Operation Thunder Strike neutralises armed bandits in Kaduna appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

SON: We have initiated more measures to tackle importation of substandard products into Nigeria

File Photo The Standard Organisation of Nigeria (SON) said it has devised more efficient measures against importation of substandard products to protect local manufacturers in the country. The Director-General of SON, Mallam Farouk Salim stated this during a visit to the organization’s office in Awka, Anambra State, on Saturday. According to Mallam Salim, the agency will continue to discourage importers of substandard products from short-changing unsuspecting consumers. He also announced plans to improve workers welfare and increase engagement with stakeholders in the country, noting that the move by the agency would help protect the interest of the business community while also safeguarding life and property. The Director-General assured that the organization would work with stakeholders ...

Rivers taskforce sacks 11 operatives for ‘collecting bribes’

Eleven operatives of the newly formed Rivers Taskforce on Illegal Trading and Motor Parks were sacked on Thursday for collecting bribes from members of the public around Choba area in Obio-Akpor local Government area of the State. The task force members were sacked barely five days after the task force recommence operation. Coordinator of the Taskforce, DSP Felix Nwadibe (retired) who disclosed this in Port Harcourt said they were sacked based on reports and verifiable evidences of misconduct, despite several warnings before the commencement of the new exercise. He also said the sacking would serve as a deterrent to other members of the taskforce who want to indulge in such act. He expressed satisfaction at the level of performance of the taskforce members so far, pointing to the level of ...

Nigerian government begs residents not to reject coronavirus vaccines

Federal authorities have appealed to Nigerians not to be hesitant to take the COVID-19 vaccine when it gets to Nigeria. Coordinator of the Presidential Task Force (PTF) on COVID-19, and head of Nigeria’s primary healthcare agency, Dr. Faisal Shuaib, made the appeal at the PTF briefing on Thursday in Abuja. Nigeria intends to get 42 million COVID-19 vaccines to cover one fifth of its population through the global COVAX scheme, the PTF had earlier announced. The initial vaccines would come as part of Nigeria’s plan to inoculate 40 percent of the population in 2021 and another 30 per cent in 2022, with 100,000 doses of the Pfizer vaccine arriving by the end of January 2021. The COVAX scheme was set up to provide vaccines to poorer countries including Nigeria whose 200 million people and poor ...

Ohaneaze chief Nnia Nwodo named SMBLF coordinator

YouTube The Southern and Middle Belt Leaders Forum (SMBLF) has appointed the outgoing President General of Ohaneaze Ndigbo, Chief Nnia Nwodo, as its coordinator. According to a statement issued by Chief Edwin Clark and confirmed by Nwodo’s Special Adviser on Media, Chief Emeka Attamah, the appointment was in recognition of his superlative leadership of the apex Igbo socio-cultural organisation in the past four years and the role he has played in the affairs of SMBLF. Chief Clark said that Chief Nwodo gave the Igbo unqualified and purposeful leadership which resonated throughout the country and expressed optimism that he would do the same for the Southern and Middle Belt Leaders Forum, especially at this troubled time in the country. The elder statesman urged Chief Nwodo to bring his wealth...

FRSC impounds 35 vehicles for not having speed limit devices

The Lagos State Sector Commander of the Federal Roads Safety Corps (FRSC), Mr Olusegun Ogungbemide, said that 35 commercial motorists had their vehicles impounded on Monday in Lagos for not installing speed limit devices in them. Ogungbemide made the disclosure in an interview with newsmen after the corps sensitized motorists plying the Lagos-Ibadan expressway on the need to install “speed governors” in their vehicles. He said the operation was in line with the directive of the Corps Marshal, Dr Boboye Oyeyemi, who had noticed an increase in the number of fatalities during the festive period. “We are not going to release those vehicles even after the payment of fines by their owners until they install speed limit devices in them,” he said. Ogungbemide urged motorists to be more careful on ...