Author: statereporter
Nigerian students from Kano, Borno, and Benue states are the top three applicants of the student loan scheme, data from the Nigerian Education Loan Fund has revealed. NELFUND, in a data chart posted via its official X handle, @nelfnigeria on Friday, highlighted the number of applicants per state of origin. According to the data chart, students originally from Kano State topped the list of applicants with 17,122 applicants; Borno followed suit with 13,798 applicants while Benue had 11,754 applicants. The three states were the only states with over 11, 000 applicants. The implementation of the student loan scheme is President…
Members of Kampan community near the Kaduna Refining and Petrochemical Company (KRPC) have demanded comprehensive compensation for their losses and immediate action to mitigate the environmental and health impacts of the refinery’s operations, alleging that the toxic waste has affected children and farm lands in the area. The aggrieved locals who came out en masse and blocked the entrance of the KRPC during a protest on Friday, said many of their children were in hospital as a result of inhaling the toxic waste. “The chemical discharged had destroyed our farms, killed our animals. It is threatening our health, we are…
Saudi Arabian-based club Al-Ahli have reportedly signed Victor Osimhen for €80 million from Napoli. The 25-year-old was meant to join Chelsea on loan, but Al-Ahli swooped in with a big money move for him. Both the clubs have agreed to a deal for the Nigerian international, who is now booked for a medical by Al-Ahli. It is important to note that Victor Osimhen is yet to say yes to the deal. For this specific reason, the London-based Chelsea have not given up on the idea of a long-term deal with Victor Osimhen on transfer deadline day. For the unversed, the…
The Chairman of BUA Cement, AbdulSamad Rabiu, yesterday, said cement dealers frustrated his company’s plan to sell cement at N3,500 per bag last year. Speaking at the 8th Annual General Meeting of the company in Abuja, Rabiu also said that while his company sold over a million tons of cement to dealers at N3, 500, per bag, with the intention that they would pass the benefits to end-users, the dealers sold a bag of cement to consumers at between N7000 and N8,000. He said the company had to abandon the policy as its intervention was not to subsidise dealers. According…
The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that popular supermarkets in Nigeria are inflating the prices of imported products by as much as 500 percent. This was disclosed by the FCCPC’s Vice Chairman, Tunji Bello, during a stakeholders’ meeting on exploitative pricing held in Abuja on Thursday. Bello explained that a fruit blender, branded as Ninja, was found on the shelf of a supermarket in Texas, United States, at $89, which is approximately ₦140,000. However, the same product was displayed in a well-known supermarket located in Victoria Island, Lagos, for ₦944,999. According to Bello, the Commission is…
The naira showed a slight appreciation against the dollar on Thursday, closing at N1593.93 per dollar in the foreign exchange market, according to data from FMDQ. This marks a gain of N12.63 from Wednesday’s close of N1606.56 per dollar. However, the naira weakened on the black market, falling to N1625 per dollar from N1620 on Wednesday. This fluctuation in the naira’s value comes as the foreign exchange transaction turnover decreased to $155.52 million on Thursday, down from $160.94 million recorded on Wednesday.
Manchester City have been drawn at home to Inter Milan and away to Paris Saint-Germain as part of the new-look league phase to the Champions League that UEFA hopes will provide a more exciting first stage of the competition. At the draw in Monte Carlo, the revamped 36-team competition threw up a showdown between City and Inter, the side they beat to finally lift the trophy in 2023. The new format sees all 36 teams forming a single league, with each entrant playing four home games and four away. The top eight will go straight into the last 16 while…
President Bola Tinubu has departed Abuja for a working visit to China, with a brief layover in the United Arab Emirates (UAE). According to a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President will meet with Chinese President Xi Jinping and hold meetings with Chinese business leaders on the sidelines of the Forum on China-Africa Cooperation. Senior government officials are accompanying the President on the trip, which comes amid a recent controversy involving the seizure of Nigerian assets by a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited. A French court recently ruled in favor…
Senior Advocate of Nigeria, Afam Osigwe, has been sworn in as the 32nd President of the Nigerian Bar Association (NBA). Osigwe took his oath of office alongside other newly elected national officers, marking the beginning of his two-year tenure. In his inaugural address, Osigwe praised his opponents, Tobenna Erojikwe and Senior Advocate of Nigeria, Chukwukwa Ikwazom, for their conduct during the election process and extended an olive branch to them to join him in moving the association forward. Osigwe promised to lead an inclusive administration that prioritizes unity and progress within the NBA. He also vowed to hold federal and…
Real Madrid star Kylian Mbappe’s Twitter account was hacked on Wednesday night, resulting in a series of controversial posts about Manchester United, Cristiano Ronaldo, and Lionel Messi. The hacked account claimed Mbappe was interested in joining Manchester United and declared Ronaldo the greatest football player of all time, while insulting Messi. The hackers also released a cryptocurrency token called “MBAPPE,” which briefly surged in value before plummeting to zero. The account posted messages about various Premier League teams, including Manchester City and Tottenham Hotspur, before the posts were quickly deleted. Mbappe’s fans and followers expressed shock and disappointment at the…