Information
Naira appreciates at N493 to dollar in parallel market
The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks. The local currency, which opened at N502 per dollar, gained N17 to N485 during midday trading before closing at N493/$1, according to data on abokiFX.com, a website that collates parallel rates in Lagos. It also appreciated against the pound sterling to close at N710 and N600, gaining N3 and N6, respectively, on the street. At the importer and exporter (I&E) window, it appreciated 0.13 percent to close at N411.50 to the dollar. Last week, Godwin Emefiele, CBN governor, met with bank CEOs and agreed to increase the amount of foreign exchange allocated to banks to meet legitimate needs. Emefiele cautioned them to ensure that...
IPC, NGO reject bill seeking to empower NBC to regulate DSTV, Startimes’ tariffs
A bill seeking to regulate tariff of digital satellite service providers was on Wednesday rejected by several participants at the public hearing on the bill. The bill, sponsored by Unyime Idem (PDP, Akwa-Ibom), seeks to give the National Broadcasting Commission (NBC), the powers to regulate the tariff charged by digital television platforms. The bill proposed that NBC “Regulates and review through broadcasting codes the tariff being charged by the digital satellite television services broadcasting in Nigeria and other subscription policy for subscribers.” If passed, digital satellite service providers like DSTV, StarTimes, TSTV, GOTV and others will have their subscriber fees regulated. It was first introduced to the House on March 19, 2020 and was consolidated with other NBC bills on the ...
Spotify launches Clubhouse competitor Greenroom
Spotify’s live audio app, Greenroom, formally launches today on iOS and Android, marking the company’s first real attempt at creating a social media platform. The social audio app, which is similar to Clubhouse, allows users to host live conversations about sports, music, and culture. Today’s launch doesn’t come with a marquee creator announcement or specific event planned, but instead, the company is taking the opportunity to encourage people to sign up and figure out how they’ll want to use the app. Some of its core functionality, a person close to the situation says, will eventually make its way to the actual Spotify app, so the team will monitor what happens in Greenroom closely. The app is built on Locker Room, which Betty Labs created and Spotify acquired in March. That app focused s...
Senator Gyang: Nigerian government hasn’t captured Plateau in housing units resettlement
Deputy Chairman Senate Committee on Defence and Senator representing Plateau North, Istifanus Gyang, said Federal Government is yet to consider Plateau State on the 500 housing units constructing for for destroyed communities in North East due to Insecurity. He appealed to President Muhammadu Buhari in the spirit of fairness and Justice to come to the aid of Plateau communities, particularly destroyed communities in Barkin-Ladi, Riyom, Bassa and other villages in Plateau North. Sen. Gyang disclosed this on Monday during an interaction with Journalists at his constituency office, tagged, “The People’s Parliament” lamented over the the deteriorating security situation in the country. “I have being crying out for Federal Government to include Plateau State in the 500 housing units being build...
Police: No invasion of miscreants into Ekiti
The Ekiti State Police Command has described as untrue the reports that miscreants have invaded Ado Ekiti, the state capital. The state’s Commissioner of Police, Tunde Mobayo, who disclosed that the information was false, said it was intended to disturb the peaceful atmosphere of the town. A video had circulated online on Friday that some Fulani-Hausa men were found around Agric Olope Housing Estate, in Ado Ekiti, in possession of dangerous weapons including AK-47 rifles with the intention to unleash terror on the community. Mobayo, in a statement signed by the command’s spokesman, ASP Sunday Abutu, and made available to reporters on Saturday, explained that the news was fake as the men were in the town to execute a building project, warned peddlers against spreading false information. He ...
Minister: Why Twitter, other platforms must register to operate in Nigeria
The Federal Government says its directive that Over the Top (OTT) and social media platforms operating in the country must register and obtain license to operate is in conformity with global trend. The Minister of Information and Culture, Alhaji Lai Mohammed, said this on Friday when he featured on Nigerian Television Authority (NTA) programme “Good Morning Nigeria’’ monitored by newsmen. NAN reports that the Federal Government recently suspended operations of Twitter and directed that all OTT and social media platforms operating in the country must register with Corporate Affairs Commission. The Federal Government said they must also apply for licensing with the National Broadcasting Commission ( NBC). NAN reports that OTT media service is a media service offered directly to viewers via t...
EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
Kaduna: Arrest of Greenfield university students’ abductors unconfirmed
The Kaduna State Government has said that the rumoured arrest of the abductors of Greenfield University students remained unconfirmed. Making clarifications on Wednesday, the Commissioner for Internal Security and Home Affairs, Samuel Aruwan, said: “I have been inundated with calls, messages and emails to confirm if the bandits responsible for the kidnapping of the Greenfield University’s students have been arrested.” “While it is our desire to see this happen by the grace of God, I cannot confirm the story making the rounds, and I have not received any information related to this from security agencies.” Get more stories like this on Twitter 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....
US prioritises students’ visas
US Embassy in South Africa The U.S. Mission Country Consular Coordinator, Susan Tuller, has said the Mission in Nigeria will continue to prioritise student visa appointments throughout the summer months. Tuller disclosed this during the celebration of the U.S. Consulate’s “Student Visa Day.” According to her, there are over 13,000 Nigerian students and soon a few more may join them in studying in the U.S. She added that the Mission has interviewed over 2,500 student applicants since this year. Tuller noted that student visa numbers have gone down worldwide due to the global COVID-19 pandemic. According to her, student numbers from Nigeria were up to 2.5 per cent for the 2019/2020 school year, adding that in the eighth year in a row, the percentage has increased. Tuller encouraged students ...
Nigeria orders broadcasters not to use Twitter to gather information
Nigerian television and radio stations should not use Twitter to gather information and have to de-activate their accounts, the broadcast authority said following the move to suspend the US social media giant in Africa’s most populous country. Nigeria’s government on Friday said it had suspended Twitter’s activities, two days after the platform removed a tweet by President Muhammadu Buhari that threatened to punish secessionists. Nigerian telecoms firms have since blocked access to Twitter. International diplomats responded with a joint statement in support of “free expression and access to information as a pillar of democracy in Nigeria”. Buhari, who was Nigeria’s military ruler in the 1980s, has previously been accused of cracking down on freedom of expression, though his government has ...
Pope says Canada school discovery painful, but stops short of apology
Pope Francis said on Sunday that he was pained by the discovery of the remains of 215 children at a former Catholic school for indigenous students in Canada and called for respect for the rights and cultures of native peoples. However, Francis stopped short of the direct apology some Canadians had demanded. Two days ago, Canadian Prime Minister Justin Trudeau said the Catholic Church must take responsibility for its role in running many of the schools. Indigenous leaders and school survivors said the Church needed to do much more. “We’re all pained and saddened. Who isn’t?” said Bobby Cameron, chief of the Federation of Sovereign Indigenous Nations in Saskatchewan. Speaking to pilgrims and tourists in St. Peter’s Square for his weekly blessing, Francis urged Canadian political and Catholic...
Imo commissioner confirms attack on his country home
The Commissioner for Information and Strategy in Imo, Mr Declan Emelumba, has confirmed the attack on his country home in Ubulu, Oru West Local Government Area. Emelumba narrated to newsmen in Owerri how the incident happened in the early hours of Sunday morning. According to him, the attackers on arrival at the area, shot sporadically into the air, causing panic before setting his two buildings in his family compound ablaze. The commissioner expressed joy that no life was lost during the attack. He said: “In the early hours of Sunday, between 1am and 2am, some people called me from the village that heavily armed gunmen stormed my compound, broke the gate and set the buildings ablaze. “My gateman, who was the only person around when they came, managed to escape unhurt. “The bandits had eas...
