Author: Tanko Lami
ABUJA, Nigeria (VOICE OF NAIJA)-The Abia State Government has unveiled plans for a large-scale recruitment of teachers for primary and secondary schools across the state as part of its efforts to enhance the education sector. The Commissioner for Information, Prince Okey Kanu, announced this on Tuesday in Umuahia during a press briefing on the outcome of the State Executive Council meeting presided over by Governor Alex Otti on Monday. Kanu also disclosed that the state Ministry of Education has begun enforcing its Out-of-School Children Policy initiative. He explained that education marshals have been deployed to implement the policy in collaboration…
ABUJA, Nigeria (VOICE OF NAIJA)-Retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) have increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, from N965 to N990 per litre in the Federal Capital Territory (FCT). The nationwide price adjustment, which took effect on Tuesday, also saw NNPCL prices in Lagos rise from N925 to N960 per litre. The new pricing is N20, or 2.1 per cent, higher than the N970 retail price recently announced by the Dangote Refinery in collaboration with MRS, Ardova, and Heyden filling stations. The price hike reflects ongoing market trends…
ABUJA, Nigeria (VOICE OF NAIJA)-The Socio-Economic Rights and Accountability Project (SERAP) has given the Federal Government and telecommunications companies (telcos) a 48-hour ultimatum to reverse the recent 50% increase in call and data prices. SERAP made this call in a tweet on Tuesday, labeling the tariff hike as “unlawful” and warning of potential legal action if the decision is not reversed within the given time frame. The organization declared: “The Tinubu administration and telcos must immediately reverse the unlawful increase in calls and data costs. We’ll see in court if the 50% tariff hike is not reversed within 48 hours.”…
ABUJA, Nigeria (VOICE OF NAIJA)-The Minister of Communications, Innovations, and Digital Economy, Dr. Bosun Tijani, has revealed the Federal Government’s goal to boost the Information and Communications Technology (ICT) sector’s contribution to Nigeria’s Gross Domestic Product (GDP) to 21% within the next two to three years. Dr. Tijani disclosed this on Monday during the launch of a training program for Data Protection Officers at the Public Servant Training Institute in Kubwa, Abuja. Highlighting the current contribution of the ICT sector estimated at 14% to 16% of the GDP he reaffirmed the administration’s dedication to making the digital economy a cornerstone…
ABUJA, Nigeria (VOICE OF NAIJA)-The Nigerian Stock Exchange commenced the week on a positive trend on Monday, with the market capitalisation rising by N10bn. The All Share Index recorded a slight uptick of 0.02 per cent, closing at 102,370.62 points, compared to 102,353.68 points from the previous trading session. Despite this marginal gain, the market remains negative year-to-date and month-to-date, each reflecting a 0.48 per cent decline. However, the week-to-date performance shows a modest growth of 0.02 per cent. Investors traded a total of 1.25 billion shares worth N16.35bn in 11,477 deals. Market breadth ended on a positive note, with…
ABUJA, Nigeria (VOICE OF NAIJA)-The World Bank Group has imposed a 30-month debarment on two Nigerian firms, Viva Atlantic Limited and Technology House Limited, as well as their Managing Director and CEO, Mr. Norman Didam, for engaging in fraudulent, collusive, and corrupt practices connected to Nigeria’s National Social Safety Nets Project. In a statement released on Monday, the World Bank revealed that the project, designed to deliver financial aid to impoverished and vulnerable households, was undermined by unethical practices during the 2018 procurement and contract processes. The statement read, “The World Bank Group today announced the 30-month debarment of two…
ABUJA, Nigeria (VOICE OF NAIJA)-The number of Bank Verification Numbers (BVNs) issued in Nigeria reached 64.8 million in January 2025, reflecting a 2.14 percent increase from 63.5 million at the end of 2024, according to the Nigeria Inter-Bank Settlement System. Since its inception, the BVN initiative has steadily expanded Nigeria’s formal financial ecosystem. In 2021, BVN enrolment stood at 51.9 million. This figure rose to 56 million in 2022, representing a 7.9 percent growth, and climbed further to 60.1 million in 2023, recording a 7.3 percent increase compared to the previous year. READ ALSO: PenCom Mandates BVN For RSA Starting…
ABUJA, Nigeria (VOICE OF NAIJA)-The cryptocurrency $TRUMP, launched on Friday, experienced a dramatic price surge over the weekend, climbing from under $10 on Saturday to a peak of $74.59 before easing slightly on Monday. According to Reuters, the spike in $TRUMP’s value coincided with Donald Trump’s anticipated return to the White House. The token’s rapid rise drew significant attention, with trading volumes reaching billions of dollars. By 1345 GMT, $TRUMP was trading at $46.93, with a market capitalization of $9.4 billion, ranking it as the 19th largest cryptocurrency. Its 24-hour trading volume surpassed $41 billion, according to CoinMarketCap. In a…
ABUJA, Nigeria (VOICE OF NAIJA)-The Nigeria Centre for Disease Control and Prevention (NCDC) has confirmed 54 cases of Lassa fever from 196 suspected cases recorded between December 30, 2024, and January 5, 2025. During this period, 10 fatalities were reported, representing a Case Fatality Rate (CFR) of 18.5%. According to the Lassa fever situation report released by the NCDC on Saturday, the confirmed cases were recorded across six states and 20 local government areas nationwide. The report read partly, “In week 1, the number of new confirmed cases decreased from 70 in epi week 52, of 2024 to 54. These…
ABUJA, Nigeria (VOICE OF NAIJ)-A recent report has revealed that Nigeria secures just 4 percent ($704 million) of the $17.7 billion required annually to tackle the effects of climate change. The report, jointly released by Oxfam, Connected Development, and INKA Consult, was unveiled on Monday. It underscores a significant shortfall in climate financing needed to address escalating climate-related challenges in the country, including droughts, erosion, and rising temperatures. “On average, Nigeria receives only 4 per cent ($704m) of the $17.7bn it needs each year to adapt to the growing number of climate-related disasters it faces,” it said. According to the…