NewsReports

The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for Deposit Money Banks (DMBs)  from N500,000 to N5,000,000 and would provide full coverage of 98.98 per cent of the total depositors compared with the current cover of 89.20 per cent This was announced on Thursday by the Managing Director/Chief Executive of the NDIC Mr. Bello Hassan …

If Israel does agree to end the war in return for a full hostage release, it would be a major turnaround. Since Hamas’ bloody Oct. 7 attack stunned Israel, its leaders have vowed not to stop their bombardment and ground offensives until the militant group is destroyed. They also say Israel must keep a military presence in Gaza and security control after …

By Eben Enasco In a move to support small businesses, the Executive Chairman of the Oredo Government Council, Dr. Tom Obaseki, has provided financial assistance to micro traders in the area. This initiative aims to help traders who have been struggling due to economic hardship, enabling them to increase their sales and improve their standard of living, according to Dr. …

Eben Enasco Reporting. Oredo Local Government Council, led by Executive Chairman Dr. Tom Obaseki, has announced the Oredo School 5-Aside Football Championship, a flagship event of the Oredo Games 2024. The tournament is scheduled to take place from May 2 to July 13, 2024, and will feature students from various schools in the Oredo Government Area competing for the top …

Governors of states in northern Nigeria, on Tuesday, at a meeting in Kaduna, discussed issues relating to the security and rising number of out-of-school children in the region. The meeting was their first in 2024. At a previous meeting in December 2023, they discussed similar issues of security and underdevelopment. The meeting, which was held at the Sir Kashim Ibrahim …

BOCA RATON, Fla. — Florida’s ban on most abortions after six weeks of pregnancy, before many women even know they are pregnant, went into effect Wednesday, and some doctors are concerned that women in the state will no longer have access to needed health care. Dr. Leah Roberts, a reproductive endocrinologist and fertility specialist with Boca Fertility in Boca Raton, said …

The president of the Nigeria Labour Congress (NLC), Joe Ajaero, has described the 35 per cent pay rise of the federal government civil servants as mischievous, saying living wage should be N615, 000. Ajaero stated this while speaking during an interview on Channels Television on Wednesday. Recall that the federal government approved a pay rise of between 25 and 35 …

Secretary of State Antony J. Blinken met today with Israeli President Isaac Herzog in Tel Aviv where he reaffirmed the United States’ commitment to Israel’s security and discussed the latest efforts to achieve a ceasefire that secures the release of hostages.   Blinken reiterated the United States’ commitment to establishing lasting peace, security, and stability in the region. According to a …

…1.5bn litres of PMS stored for 30 days The joint House of Representatives, on Wednesday, called on Security Agencies to clamp down on economic saboteurs who hoard premium motor spirit (PMS) thereby contributing to the lingering scarcity of the product across the country. Chairman House of Representatives Committee on Petroleum Resources (Downstream), Hon. Ikenga Ugochinyere gave the charge during a …

The Federal government has assured workers that the new minimum wage will take effect from today, May 1, 2024, despite ongoing negotiations within the tripartite committee on national minimum wage. Addressing Nigerian workers during the May Day celebration in Abuja, Minister of State Labour Nkeiruka Onyejeocha emphasised that although the conclusion of the negotiations is pending, efforts are underway to …