JAMB uncovers 3,000 fake graduates

The Joint Admissions and Matriculations Board has uncovered 3,000 fake graduates who never set foot within the four walls of a classroom. The board also decried the issue of illegal admissions by some institutions which, it said, had remained a source of embarrassment to the country. The Registrar, Prof Ishaq Oloyede, made this known in […]

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N423bn theft: Kaduna protesters ask ICPC to arrest El-Rufai

A group, the Kaduna Citizens Watch for Good Governance, on Wednesday, formally submitted a petition to the Independent Corrupt Practices and Other Related Offences Commission against ex-governor Nasir El-Rufai. The group asked the anti-corruption agency to commence an immediate probe of El-Rufai towards his prosecution for alleged  N423bn theft. The petition by the group comes […]

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Owner of collapsed building risks prosecution – LASG

The General Manager of the Lagos State Building Control Agency, Gbolahan Oki, has blamed the collapse of a two-storey building in the Mushin area on the use of substandard materials. Oki said the owner of the building will be prosecuted for violating an earlier stop-work order of the government and breaking the seal put on […]

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FG, UNICEF, and others unveil universal child benefit for social protection coverage.

The Federal government, in collaboration with UNICEF and other partners, is to introduce the Universal Child Benefit and increase public spending on social protection by 2 percent, aiming to reduce multidimensional poverty and promote equitable development. The Universal Child Benefit is to provide financial support to all children, reduce childhood poverty, promote equitable development opportunities, […]

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Banks recapitalization will increase loans, advances — Proshare

Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization. Presenting a book, “ Beyond Profit: How a Nigerian company built a culture of credibility”, in Lagos Mr. Teslim Shitta-Bey, Managing Editor/Chief Economist, Proshare Nigeria, said: “Banks will increase loans and advances. Those will result […]

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Naira depreciates to N1, 520/$ in parallel market

The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the Naira depreciated to N1,512.61 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,512.61 per dollar from N1,509.45 per dollar on […]

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Finidi George appointed Rivers United technical manager

Former Super Eagles coach, Finidi George has been unveiled as the new technical manager of Rivers United. The club made the announcement in a post on its X account on Wednesday. “Rivers United Football Club is pleased to announce the appointment of Finidi George as our new Technical Manager,” the club said in a statement […]

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High cost of drugs to persist as local production flops

The high cost of drugs in the country would persist, as local production of the products is near total collapse due to inconsistencies in government policies. Though the Nigerian pharmaceutical market boasts over 200 manufacturing and packaging companies made up of three dominant segments of readily available over-the-counter drugs (43.1 per cent), affordable generics (38.9 […]

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