Author: Editor
LAGOS, NIGERIA (VOICE OF NAIJA)- The Nigerian government is demanding at least $10 billion as retribution from Binance amid a crackdown on the crypto exchange platform in desperate moves to salvage the value of the nation’s local currency. Special adviser on information and strategy to President Bola Tinubu, Bayo Onanuga made this known Friday morning in an interview with the BBC. Binance profited substantially from its “illegal transactions” in Nigeria while the nation suffered huge losses, Mr Onanuga said during the interview. Earlier on Friday, the Office of the National Security Adviser (ONSA) confirmed that the crypto exchange platform is…
ENUGU, Nigeria (VOICE OF NAIJA)- National Chairman of the Accord Party, Barrister Maxwell Mgbudem, has called on President Bola Tinubu to, as a matter of urgency, address the issue of high cost of food items in the country. Mgbudem says Nigerians are hungry and are in need of palliatives to ease their sufferings. According to him, millions of citizens are disillusioned, and cannot say where their next meal will come from.He said this is due to the extreme economic hardship occasioned by the removal of fuel subsidy, liberalisation and floating of the exchange rate that led to the crash of…
LAGOS, Nigeria (VOICE OF NAIJA)- Kenya’s health system is getting a big boost from a new global health partnership that combines proven AI technology led by Africans with in-depth local knowledge. According to press statement distributed by APO Group on behalf of BroadReach Group, Leaders in healthcare had gathered in Nairobi on 22 February 2024 to address critical health outcomes and improve programme performance. Titled “Technology-enabled Health Systems Strengthening”, the round table brought together high-level government, donor and private sector health stakeholders in Kenya. Attendees included the Kenya Ministry of Health, Digital Directorate, Kenya Council of Governors, Kenya Healthcare Federation,…
Morrisville, VT (VOICE OF NAIJA) – Kellogg’s CEO, Gary Pilnick, faces criticism for suggesting budget-conscious individuals consider cereal as a dinner option to cut costs. The controversial statement was made during an interview where Pilnick discussed the company’s strategies to connect with financially strained consumers in the US. The multinational company, known for producing popular cereals like Corn Flakes, Special K, and Coco Pops, has been actively promoting its products with the slogan: “Give chicken the night off.” In a CNBC interview, monitored by Voice of Naija, Pilnick explained, “Consumers are under pressure, so, we’re advertising about cereal for dinner.…
OYO, Nigeria. (VOICE OF NAIJA) – Since the passing of Oba Lamidi Adeyemi almost two years ago, the town of Oyo is still in anticipation of the ascension of a new Alaafin, as internal divisions among kingmakers have complicated the selection process. Following the end of Oba Olayiwola Adeyemi III’s 51-year reign on April 22, 2022, the race to determine the 46th Alaafin of Oyo has encountered obstacles. A total of 82 princes expressed their interest in the throne, and their names were submitted to Baba Iyaji of Oyo, the leader of all princes, Mukaila Afonja. Reports say in accordance…
ABA, Nigeria. (VOICE OF NAIJA) – Residents of Aba, Abia State, are jubilant as they celebrate 48 consecutive hours of uninterrupted power supply, thanks to the successful installation of the Geometric Power Plant. According to reports, a single turbine at the plant was activated on Sunday, February 25, 2024, leading to some areas in Aba experiencing continuous electricity. Praising the consistent power supply, one resident shared their excitement by stating, “Aba residents now enjoy 24/7 electricity. Aba is currently the most thriving city for living and investing in Nigeria.” READ ALSO: Aba Power Plant Comes On Stream 20 Years After…
(VOICE OF NAIJA)- In a panel session at the 2024 Nigerian International Energy Summit (NIES 2024) in Abuja, Nigeria, the Nigerian National Petroleum Company Limited (NNPC Ltd) called for deeper collaboration among upstream operators especially independent producers. This is to find solutions to challenges hindering the effective development of divested assets in the nation’s oil and gas industry. In a statement signed by the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, emphasized the need for collaboration to address issues such as insecurity, lack of finance, and technological capacity. Eyesan highlighted the importance…
LAGOS, Nigeria (VOICE OF NAIJA)- Two senior executives at Binance, an online exchange where users can trade cryptocurrencies, have been detained in Nigeria as the country cracks down on cryptocurrency exchanges. The executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week but they were detained by the office of the country’s national security adviser and their passports seized. The crackdown follows a period after several cryptocurrency websites emerged as platforms of choice for trading the Nigerian currency, which has suffered chronic dollar shortages. The naira’s official exchange rate has been trading at levels…
LAGOS, Nigeria (VOICE OF NAIJA)- Osun state Governor, Ademola Adeleke, has cleared the air on how his office managed the state resources, including palliative measures initiated by his administration and those supported by the Federal Government.Adeleke who was responding to reports and questions raised by some groups in a statement by his spokesperson, Olawale Rasheed, urged commentators to always avail themselves of publicly available facts about government programmes so as not to be perceived as serving opposition interest. He noted that his administration has deliberately filled the public space with its plans and intentions across the sectors.“The Governor has embraced…
(VOICE OF NAIJA)- Since late last year, the launch of the student loan initiative has experienced multiple deferrals, with state authorities announcing its commencement at no fewer than three different times, with the most prospective date—as stated by its sponsor and Chief of Staff to the President, Femi Gbajabiamila—now being in a few weeks’ time. In the interim, significant alterations have been made to the legislative framework of the scheme under the Students Loans (Access to Higher Education) Act, 2023. For instance, President Tinubu has gone ahead to instruct the Nigeria Education Loan Fund (NELFUND) management to broaden the scheme’s…