Mindblown: a blog about philosophy.
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Reversal of Naira Redesign, Forex Policies Balloon Banks’ Deposits
Vanguard News Major banks in Nigeria have recorded customers’ deposits growth rate of 53.6 percent Year-on-Year (YoY) to N64.26 trillion in the nine months ended September 30, 2023 (9M’23) from N41.83 trillion recorded in the corresponding period in 2022. The banks are Zenith Bank Plc, Access Bank Plc, FBN Holdings Plc, United Bank for Africa…
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FG Breaks Silence Over World Bank Claim on Subsidy Regime
The Federal Government has said contrary to the claim by the World Bank that government is still paying subsidy on petrol, the era of petrol subsidy is “gone for good”. Speaking in an interview on Channels TV on Thursday morning, Minister of Information and National Orientation, Mohammed Idris, said President Bola Tinubu made it clear…
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What To Know About IPPIS, Why ASUU Rejected it
Punch Newspaper In the past 24 hours, the media has been abuzz with reports of the removal of tertiary institutions from the Integrated Payroll and Personnel Information System. The Minister of Information and National Orientation, Mohammed Idris, made the announcement on Wednesday to State House correspondents after this week’s Federal Executive Council meeting at the…
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CBN Increases Naira Notes in Circulation To Address Cash Scarcity
The Central Bank of Nigeria, CBN, has reassured Nigerians that there are enough naira notes in circulation to meet their cash needs. CBN’s Acting Director of Corporate Communications, Mrs Hakama Ali, gave the assurance in a statement on Wednesday. This came amid growing apprehension over cash scarcity in different parts of the country, especially among…
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‘Fuel Price Fall Predicted As Port Harcourt Refinery Begins Operation’
Major stakeholders in the downstream petroleum sub-sector drawn from the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) and their counterpart at the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) have assured that the prevailing crisis in the energy sector would soon end with the envisaged return of operations at the Port…
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ASUU Reacts To Removal of Varsities, Others From IPPIS
Daiiy Trust The Academic Staff Union of Universities (ASUU) on Wednesday jubilated over the federal government’s directive to remove universities and other tertiary institutions from the Integrated Personnel Payroll Information System (IPPIS) payment platform. The union also called on the President Bola Tinubu-led federal government to resolve all other pending issues that were raised in…
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JUST IN: FG Exempts Universities, Polytechnics, Others from IPPIS
The Federal Government on Wednesday approved the exemption of universities, polytechnics, colleges of education and other tertiary institutions of learning from the Integrated Payroll and Personnel Information System. It said, henceforth, remunerations to staff members of these institutions would no longer flow through the platform. The Minister of the Information and National Orientation, Mohammed Idris,…
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200-level UI law Student Arrested over Rape of Fresh Student
A 200-level student of the Faculty of Law at the University of Ibadan has been apprehended by the institution’s security personnel for allegedly raping a 100-level colleague. The victim had gone for a night reading alongside other girls to prepare for exams. The victim was said to have moved away from the lecture theatre where…
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Why We Demolished Assembly Complex – Rivers govt
The Rivers State government has said it took a decision to demolish and rebuild the Rivers State House of Assembly Complex following the structural defects caused by the recent explosion and fire incident which rendered the main building unfit for human use. A statement issued by the Rivers State Commissioner for Information, Mr. Joseph Johnson,…
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Final Year OAU Student Crushed To Death, Two Others Injured in Fatal Accident on Campus
A final year student in the Department of Agriculture Economics at the Obafemi Awolowo University,OAU Ile-Ife, Osun State, Chisom Nwankwo has been killed in an auto-crash. According to the PUNCH, the deceased was on a commercial motorcycle when she and the motorcyclist were hit by a speeding bus along road 1 at the institution’s campus.…
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