Wednesday 29th January 2020,
Hope for Nigeria

Daily Archives: January 22, 2020

Bitcoin: U.S. Justice Dept charges three men for alleged $722 fraud

United States authorities arrested three men in an alleged fraud that raised $ 722 million from investors lured by fake bitcoin mining earnings, the Justice Department announced Tuesday. Prosecutors described the scam as a “high-tech Ponzi scheme” run by the [...]

December 10, 2019 What the papers say

Abia House of Assembly vows to Pass 2020 Budget by Year End

The Abia State House of Assembly has promised to pass the 2020 Appropriation Bill into Law before the end of 2019. EFCC secures 1,900 convictions, recovers N794bn in 4 years — Magu(Opens in a new browser tab) Addressing the Assembly [...]

December 10, 2019 What the papers say

U.S. Democrats, White House forge new North American trade deal

U.S. House Speaker, Nancy Pelosi United States House Democrats and the White House announced a deal on a modified North American trade pact, handing the US  President Donald Trump a major Capitol Hill win Tuesday on the same day that [...]

December 10, 2019 What the papers say

Education Minister expresses concern over human trafficking

Education Minister Adamu Adamu The Minister of Education, Alhaji Adamu Adamu has decried the level of human trafficking in the country, saying the situation was of serious concern to Nigeria’s government. Adamu expressed the government’s concern on Tuesday in Kano [...]

December 10, 2019 What the papers say

Without convergence, single currency will be catastrophic — ECOWAS

President of the ECOWAS Commission, Jean-Claude Brou, says without convergence, the implementation of ECOWAS single currency will be catastrophic when implemented. Brou made this known on Tuesday in Abuja while presenting the State of the Community in 2019 to the [...]

December 10, 2019 What the papers say

Over 4,500 enroll for Obaseki’s social health insurance scheme in Ovia, Egor, 4 other LGAs

To enjoy antenatal care, treatment of acute malaria, immunisation, others Barely four weeks after the launch of the Edo State Social Health Insurance Scheme under the Edo State Health Improvement Programme (Edo-HIP), not less than 4,500 persons have enrolled in [...]

December 10, 2019 What the papers say

Inability to screen EFCC’s second witness hinders Maina’s trial

Abdulrasheed Maina The inability of the Economic and Financial Crimes Commission (EFCC) to use the screening shield for its second witness in the ongoing trial of Abdulrasheed Maina, ex-Pension Reform Chair, on Tuesday, stalled the trial. The EFCC Counsel, Halima [...]

December 10, 2019 What the papers say

Cheki Nigeria appoints Chimezie Okonkwo as its new CEO

Three months after the exit of ex-CEO Gbenro Dara, Cheki, the online car marketplace for new and used vehicles, appoints former 9mobile executive, Chimezie Okonkwo as Chief Executive Officer. Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

CBN expects 2.38% GDP growth by Q4

CBN The Central Bank of Nigeria (CBN) expects to achieve 2.38 per cent Gross Domestic Product (GDP) growth rate in the fourth quarter of this year. Dr Hassan Mahmoud, the Deputy Director, Financial Policy and Regulation Department in CBN, said [...]

December 10, 2019 What the papers say

25 persons die, 326 injured in auto crashes in Abia — FRSC

The Federal Road Safety Corps (FRSC), Abia Command on Tuesday revealed that 25 persons lost their lives and 326 injured in 71 auto crashes recorded from January to November. Mr Meshach Jatau, the FRSC Sector Commander in the state made [...]

December 10, 2019 What the papers say

Cars45 launches a consumer-to-consumer marketplace as it expands to Ghana and Kenya

Consumers in Ghana and Kenya can now buy, sell, and swap their cars as the automotive trading platform expands to their countries. Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

Former Ohaneze Ndigbo PG, Ikedife remembered one year after

By Chimaobi Nwaiwu One year after the death of the former President General of Ohaneze Nndigbo, Dr Dozie Ikedife, his name continues to reverberate in South East and Nnewi, his home town, following the lives he touched while a life. [...]

December 10, 2019 What the papers say

Abia Warriors striker Jimoh Oni keen on making improvement

Abia Warriors striker, Jimoh Oni Striker Jimoh Oni scored the opening goal of the match in the 50th minute, his third of the season, but it was not enough to assure victory for the hosts. Only eight minutes later, the [...]

December 10, 2019 What the papers say

Nigeria now has its first fintech industry innovation sandbox

Backed by the CBN and NIBSS, Financial Service Innovators has launched a fintech industry innovation sandbox to help innovators develop creative financial solutions and scale regulatory hurdles Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

Obaseki tasks new waste management board on service delivery

By Ozioruva Aliu Governor Godwin Obaseki of Edo state on Tuesday tasked the newly inaugurated Waste Management Board headed Mr Monday Sule and the Edo State Agency for the Control of HIV/AIDs (EDOSACA) headed by Dr. Alex Okoh on quality [...]

December 10, 2019 What the papers say

Online classifieds company, Jiji, secures $21 million in series C funding

Early this year, Jiji acquired a major competitor in OLX, now it has raised $ 21 million in an attempt to be Africa’s largest classifieds site Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

Operators task new FIRS boss on VAT, withholding tax on capital market

Capital market operators on Tuesday urged the new Federal Inland Revenue Service (FIRS) chairman to ensure the removal of Value Added Tax on capital market transactions to boost investment in the country. They said this in separate interviews with the [...]

December 10, 2019 What the papers say

Tanzania president pardons more than 5,000 prisoners

Tanzanian President John Magufuli has pardoned more than 5,000 prisoners in a move aimed at reducing congestion in prisons. The president made the announcement on Monday as the country marked the 58th anniversary of independence. He ordered that 5,533 prisoners [...]

December 10, 2019 What the papers say

Liverpool boss Klopp: I was wrong to not sign Mane at Dortmund

Liverpool boss Jurgen Klopp has admitted to making the wrong call on deciding to not sign Sadio Mane while he was in charge at Borussia Dortmund. Mane has developed into one of the world’s best players at Anfield over the [...]

December 10, 2019 What the papers say

Building the ‘SF Express of Africa’: GIG Logistics is the African eCommerce giant you don’t hear about enough

Unlike its media-savvy and VC-backed counterparts in Nigeria, GIG Logistics has maintained a relatively low profile in the online space. But it has a bigger impact on the eCommerce industry than you might imagine. Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

Sowore: Akeredolu condemns DSS’ invasion of courtroom

Says no explanation anybody can give Rotimi Akeredolu Ondo State governor, Rotimi Akeredolu has said there is no explanation that anybody can give to justify the manner in which operatives of the Department of State Services (DSS) stormed the court [...]

December 10, 2019 What the papers say

FIRS gets a new chairman, what will be the fate of Fowler’s plan to charge VAT on online purchases? 

Babatunde Fowler has been replaced by Muhammad Nami as FIRS Chairman. What will be the fate of the agency’s plan to begin charging VAT on online purchases in 2020?  Techpoint.Africa [...]

December 10, 2019 Technology Business & StartUps

Democrats expected to announce impeachment articles on Tuesday

President Trump  Democrats in the U.S. House Judiciary Committee are expected to announce articles of impeachment against President Donald Trump on Tuesday, a lawmaker told multiple U.S. media outlets. Elliot Engel, the House Foreign Affairs Chairman, told reporters that the [...]

December 10, 2019 What the papers say

Suspected kidnappers kill 3, ex-APC presidential aspirant escapes

Gunmen By Emma Amaize Suspected kidnappers numbering over 20 laid sieges to the Abuja- Abaji Road,  weekend, killing  four passengers and abducting yet to be determined number of persons All Progressives Congress,  APC, ex-presidential aspirant in 2019, Alhaji Mumakai Unagba,  [...]

December 10, 2019 What the papers say

Reps to DISCOs: Nigerians getting tired of your semantic

By Chris Ochayi THE House of Representatives Committee on Privatisation and Commercialisation has warned the Electricity Distribution Companies, DISCOs, to sit up and face their responsibilities of taking electricity to consumers, noting that Nigerians would no longer tolerate further semantics [...]

December 10, 2019 What the papers say

Truck crushes driver to death on Lagos-Abeokuta expressway

The Ogun Traffic Compliance and Enforcement Corps (TRACE) on Monday said that a driver was crushed to death in an accident involving two trucks around Conoil Bus-Stop, along the Lagos-Abeokuta expressway. Mrs Temitope Oseni, Owode-Ijako Unit Commander of TRACE, told [...]

December 10, 2019 What the papers say

Queen’s College principal urges parents to help in moulding girls into future leaders

Queens-College-Yaba The Principal, Queen’s College Lagos, Dr (Mrs) Tokunbo Yakubu-Oyinloye on Monday, called on parents of its newly admitted students to join hands with management in moulding the girls into future leaders of repute. Yakubu-Oyinloye made the call at the [...]

December 10, 2019 What the papers say

Naval Chief flags off construction of latest war ship, 10 year after decommissioning of Ambe & Ofiom

 Vice Admiral Ibok-Ete Ibas By Kingsley Omonobi Ten years after decommissioning the two landing ships in its fleet, NNS Ambe & NNS Ofiom, the Nigerian Navy through the Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas on Monday flagged off [...]

December 10, 2019 What the papers say

Commissioner presents N136.6b budget breakdown to Abia House of Assembly for approval

The Commissioner for Finance in Abia, Dr Aham Uko, on Monday presented a breakdown of the 2020 Appropriation Bill, totalling N136.6 billion, to the state House of Assembly for approval. In a speech, Uko told the lawmakers that the state [...]

December 10, 2019 What the papers say

Arsenal strike back to end winless run at West Ham

Arsenal’s French-born Ivorian midfielder Nicolas Pepe (L) vies with West Ham United’s Italian defender Angelo Ogbonna during the English Premier League football match between West Ham United and Arsenal at The London Stadium, in east London on December 9, 2019. [...]

December 10, 2019 What the papers say