Author: Citynews

After careful consideration and deliberation in Lagos, some tech entrepreneurs said they have decided to withdraw from the proposed August 1 nationwide protest. Despite the current economic hardship affecting even the tech ecosystem, the Nigerian Tech Community (NTC) believes that protests do not provide solutions to the nation’s challenges. A statement signed by its President-General, Benedict Aguele, said the EVC/CEO of the Nigerian Communications Commission (NCC) Dr Aminu Maida was instrumental in this turnaround. Moreover, Aguele expressed concerns that protests of this magnitude could be funded by foreign interests, which would have far-reaching implications for the tech world. “The tech…

The federal government of Nigeria led by President Bola Ahmed Tinubu has finally listened to the advice of Nigerian prophet, Primate Elijah Ayodele regarding the reduction of hardship in the country. Primate Ayodele who warned Nigerians that the All Progressive Congress (APC) would cause Nigeria to sink made it known months ago that the only way Nigeria can end hardship is by subsidizing the price of food items in the country. The prophet, to show the government how to do it right, launched a palliative market initiative where prices of food materials were ridiculously crashed. So far, Primate Ayodele has…

President Bola Ahmed Tinubu’s Special Adviser on Revenue and Chairman of the Federal Inland Revenue Service, Zacch Adedeji has said that Nigeria’s decision on sale of crude in Naira will save the country an estimated $7.3 billion annually. Adedeji disclosed this on Monday justifying why President Tinubu ordered the Nigerian National Petroleum Company Limited to sell crude in Naira. He noted on a month-on-month basis, the decision will reduce foreign expenditure by roughly $660 million. The FIRS boss stressed that the move by the President would cut down on Nigeria’s heavy reliance on foreign exchange for crude oil imports which…

The Voice of the Southern People of Nigeria (VOTSPON) along with Igbimo Asoju Yoruba, hereby issue a strong warning against any planned protests targeting the administration of President Bola Ahmed Tinubu. Such protests are seen as a calculated attempt to cause chaos and disrupt the peace in our nation. It is important to note that President Tinubu, being a Nigerian President of Southern extraction, deserves our support and respect. Any agenda disguised as a protest to undermine his administration will be met with resistance from the Southern people of Nigeria. We urge all citizens to uphold peace, unity, and respect…

The release of the delegates’ list for the Kwara NUJ election, scheduled for July 31, 2024, has sparked controversy and outrage among members. Several chapels of the Union have disowned the members’ list credited to them, saying most of the names are ‘imported’ and do not represent their bonafide members. While the names of several bonafide members, including the name of the Chairman of a Chapel, are conspicuously missing on the list, it was gathered that many strange names found their ways into the list. Chairman of the Information Chapel, Adamu Usman, expressed confusion, stating, “Here’s the original list sent…

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. Details shortly…

…to hold massive prayer sessions across 19 northern states. About 10,000 Arewa youth groups have withdrawn from the planned August 1 protest after the intervention of Hon. Abubakar Bichi, a respected member of the House of Representatives and chairman of the House Committee on Appropriations. In a statement co-signed by Mallam Abdullahi Muazu and Pastor Kyune Bibi, the groups said they would instead hold prayers in mosques and churches across the 19 northern states. The group believes that protests often lead to violence and destruction, which can hinder the progress of the north hence their decision to seek divine guidance…

Interswitch e’Clat, the health-tech subsidiary of the Interswitch Group, Africa’s leading integrated payments and digital commerce company, has underscored its unwavering dedication to elevating healthcare services across Nigeria through its advanced smart health information platform. Dr. Babajide Oyeduntan, Vice President, Business Development and Sales, Interswitch e’Clat, made this assertion at the highly impactful Global Tech Africa (GTA) Conference recently held at the Landmark Event Centre in Lagos. GTA is an annual conference that brings together critical stakeholders in Africa’s technology ecosystem to explore opportunities in the continent to harness technology for growth and development. During a stimulating roundtable discussion themed…

There is tremendous excitement in the air as the first female Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe clocked 60 years on Sunday July 28, given her outstanding performance in the nation’s financial services sector that had earned her respect amongst banks’ top CEOs. Besides leading the bank to close the 2023 financial year with strong double-digit growth across key income and balance-sheet lines with profit before tax growing by 131.5% to N124.3bn from N53.7bn in 2022FY, leading to an increase in Return on Average Equity (RoAE) of 26.5% from 15.6% in 2022FY, her…

…ETI Disowns Statement Against Reps Deputy Spokesperson Agbese, Accuses Ex-Members of Impersonation The Energy Transparency Initiative (ETI) has disowned a statement made by individuals claiming to be its representatives, criticizing Hon. Philip Agbese, the Deputy Spokesperson of the Federal House of Representatives. The group’s President and Secretary, Francis Nedu and Ismaila Bello in a joint statement, revealed that the persons were expelled long ago due to fraudulent activities and other abuses that contravened the group’s objectives. “We are shocked and dismayed that these individuals would continue to impersonate ETI and make statements that do not reflect our values and mission,”…