SEC Approves NASD To Launch Digital Securities Platform In Nigeria.
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) The Nigerian Securities and Exchange Commission (SEC) has granted NASD Plc approval to launch its Digital Securities Platform (N-DSP) in collaboration with Blockstation, as part of the Regulatory Incubation (RI) Programme. NASD sees this milestone as a significant step towards fostering innovation, transparency, trust, and […]
Supreme Court Upholds NIWA As Nigeria’s Inland Waterways Regulator, Resolving Federal-State Legal Battle.
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Following an extended legal dispute between the Federal Government and Lagos State over jurisdiction on national waterways, the Supreme Court has sided with the Federal Government and its regulatory body for inland waterways, the National Inland Waterways Authority (NIWA). In a judgment reaffirming the authority […]
Nigerian Banks Surges As Loan Books Expand By 44% To N32. 47 Trillion In Nine Months, Reports Reveals.
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Among these, tier-1 banks dominated, with UBA leading the pack, experiencing a remarkable 62% surge in its loan book to N4.94 trillion. Stanbic IBTC, a tier-2 bank, closely followed with a 55.5% increase to N1.763 trillion. Zenith Bank claimed the third spot, achieving a 49% […]
Sanwo-Olu Encourages Super Eagles To Secure AFCON Victory For Nigeria.
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Lagos State Governor, Babajide Sanwo-Olu, has urged the Super Eagles to clinch the Africa Cup of Nations (AFCON) title, providing solace to Nigerians amidst economic challenges. Speaking at a special dinner at Lagos House, Marina, Sanwo-Olu emphasized the team’s role as the country’s unifiers and […]
Tragedy Strikes As Two Boats Sink In Rivers, Claiming Elevens Lives, Including Five Infants
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) In a devastating incident, two boats transporting residents of Ngo Town, Ataba, Isiama, and other Andoni communities to Bonny Island sank, resulting in the tragic deaths of at least eleven people, including five infants. The boats, carrying over 25 passengers, were overwhelmed by a heavy […]
Nigeria’s Startup Funding Lags Behind Despite Big Four Status In Africa.
By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) In 2023, Nigeria, despite being one of Africa’s big four startup hubs, experienced a significant drop in funding. While it excelled in 2021 and 2022, the country recorded its lowest performance compared to Egypt, Kenya, and South Africa. In contrast to 2021/2, when Nigeria led […]
Tragic Motorcycle Accident Claims Lives Of Two Students In Akwa Ibom Road.
By Adegbenro Barakat Opeyemi, SIWES student (Moshood Abiola Polytechnic) Two female students and coursemates met an untimely death in a grave accident while en route to practical examinations on Tuesday. The Akwa Ibom State Polytechnic, Ikot Osurua Community, mourns the loss of Abasifreke Okon from Ikot Abasi Local Government Area and Irene Edwin from Ibesikpo […]
Newborn Baby Stolen From Lafia Hospital In Nasarawa:Mother Describes Strange Woman’s Deceptive Act.
By Adegbenro Barakat Opeyemi( SIWES student, Moshood Abiola Polytechnic. The incident where a mysterious woman abducted a newborn from the postnatal ward at Dalhatu Araf Specialist Hospital (DASH) in Lafia, Nasarawa state. Mrs. Adeyemi Bolatito, the mother of the stolen baby, recounts the theft that occurred around 5:00 am on Thursday, revealing that she had […]
Concerns Mount Over Rising Insecurity In Abuja’s Bwari Area, Nigerian Bar Association Calls For Urgent Action.
By Hungah Peter (Siwes student, Federal Polytechnic Ilaro) The Bwari branch of the Nigerian Bar Association in the Federal Capital Territory has expressed deep concern regarding the escalating insecurity within communities under its jurisdiction. Recent weeks have witnessed a series of abductions, with The PUNCH reporting multiple incidents involving residents in the area. On January […]
Anambra Police Apprehends 30 Suspects For Kidnapping, Robbery, And Cultism.
By Dosu Deborah Oluwatimilehin (SIWES student, Adeseun Ogundoyin Polytechnic Eruwa) The Anambra State Police Command, led by Commissioner Monday Kuryas, has successfully arrested 30 individuals involved in various criminal activities, including kidnapping, armed robbery, and cultism. The arrests were made as part of the command’s ongoing efforts to eliminate criminal elements and enhance the safety […]