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Thursday, October 31, 2024

Business News Today

U.S. Supports Two Permanent U.N. Security Council Seats for Africa, with Focus on Nigeria

The United States wants to give two permanent seats to African countries on the United Nations Security Council (UNSC). They believe this will help fix the way the UNSC works. This news was first shared by Reuters....

Borno Allocates Only 2.45% of N816.34 Million Ecological Fund to Flooding Relief Over Six Months

Borno State received around N816.34 million from the Ecological Fund between January and June 2024. This information came from data by the Federation Account Allocation Committee (FAAC), shared by the National Bureau...

‘Nollywood’s “The Weekend” Rakes in N18.1 Million at Nigerian Cinemas’

Sure, here’s a simplified and unique rewrite of the provided blog post, keeping the HTML tags intact:Nollywood's new thriller, The Weekend, directed by Daniel Oriahi, is doing great at the Nigerian box office.In less than two weeks, the movie...

Nigerian Court Sentences American Businessman to 68 Years for $1.6 Million Visa Fraud

Marco Antonio Ramirez, a businessman from America, is going to spend 68 years in prison. A court in Lagos decided this because he tricked people in Nigeria out of $1.6 million with a fake visa investment scheme.This decision was...

Nigeria Customs Promotes ICT Unit to Full Department, Appoints DCG KI Adeola as Head

The Nigeria Customs Service (NCS) has made its ICT unit into a full department. Now, Deputy Comptroller-General (DCG) KI Adeola is in charge. This new department is called the ICT-Modernization Department. This decision was...

Presidency Justifies Joe Ajaero’s Arrest, Denies Human Rights Violation Claims

The Nigerian government has explained why Joe Ajaero, the President of the Nigeria Labour Congress (NLC), was recently arrested. They said it was a legal action and not a violation of human rights. This explanation came after...

EFCC Set to Prosecute Nigerian Banks and Top Officials for Financial Crimes

The Economic and Financial Crimes Commission (EFCC) is getting ready to take top bank bosses in Nigeria to court for money laundering and other financial crimes.EFCC Chairman, Olanipekun Olukoyede, shared this news at the 17th Annual Banking and Finance...

Understanding the Duckcoop Airdrop: How to Participate and Earn

Duckcoop is a new and fun crypto project on Telegram. This month, they have an airdrop event where you can get free $DUCKS tokens by playing games and doing tasks.Many people, especially from Nigeria, are already joining in. It’s...

Top 10 Nigerian States with the Highest Ransom Payments to Kidnappers

Nigeria has a big problem with kidnappings, which has turned into a successful crime. This happens because the country's security is weak and there's not enough money. From July 2023 to June 2024, 7,568...

IRCC Announces Unprecedented Backlog in Immigration Applications

Immigration, Refugees, and Citizenship Canada (IRCC) released new info about how many immigration applications are still waiting to be processed. As of July 31, 2024, the total number of applications for citizenship, immigration, and visas has...

Latest News

Gates Foundation praises Nigeria's 97% coverage in REACH implementation

The Bill & Melinda Gates Foundation (BMGF) has commended the Nigerian government for its success so far in achieving...