Call for Gender Equality by Ogun State
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Call for Gender Equality by Ogun State

Efforts must be united to eliminate all forms of gender biases, as advocated by Ogun State. At a recent event commemorating International Women’s Day in Abeokuta, the Deputy Governor of the state, Noimot Salako-Oyedele, emphasized the importance of addressing the prevalent gender stereotypes, biases, and discriminations. She highlighted the significance of celebrating exceptional women who are breaking barriers through innovation, excellence, and service delivery in a world filled with gender biases. The administration led by Dapo Abiodun was lauded for its commitment to creating a supportive environment that encourages women's involvement in evidence-based policies and various empowerment initiatives. Fur...
Central Bank of Nigeria Increases Capital Base Requirements for Banks
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Central Bank of Nigeria Increases Capital Base Requirements for Banks

The need to enhance the capital base of Deposit Money Banks for better efficiency has been reiterated, leading to the Central Bank of Nigeria announcing revised guidelines on its bank recapitalization policy in the country just 48 hours later. A statement signed by the Acting Director of Corporate Communications, Sidi Ali, in Abuja on Thursday disclosed the new guidelines. Commercial banks with international authorization have been directed by the apex bank to increase their capital base to N500bn, while national banks must meet N200bn. Additionally, commercial banks with national licenses must reach a N200bn threshold, and those with regional authorization are required to achieve a N50bn capital floor. No...
Former President Obasanjo’s Visit to Late Olubadan’s Family
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Former President Obasanjo’s Visit to Late Olubadan’s Family

A condolence visit was paid by former President Olusegun Obasanjo to the Alarere residence of the late Olubadan of Ibadanland, Oba Lekan Balogun, where he praised the impact of his short reign. Oba Balogun, who passed away on March 14 at the age of 81 after a two-year reign, was described by Obasanjo as a personal friend. In his words, “The late Olubadan was not a stranger to me; he was a friend, and it is my obligation to visit his family. He fulfilled his role excellently; he was ‘Gbobaniyi’." “Naturally, we would have preferred him to be with us for a longer period, but God's plan surpasses ours. As the Yoruba saying goes, ‘o wuni ka jeran pe lenu, oofa ona ofun o je,’ which means, as much as we desire ...
EFCC to lead Binance investigation as top executive remains at large
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EFCC to lead Binance investigation as top executive remains at large

Charges have been brought against Binance Holdings Limited and its senior executives Tigran Gambaryan and Nadeem Anjarwalla, who is currently evading authorities, for alleged money laundering amounting to $35,400,000 by the Economic and Financial Crimes Commission (EFCC). The EFCC has assumed full control of the case from the Office of the National Security Adviser, having already apprehended Gambaryan. Additionally, a court warrant has been issued for the arrest and extradition of Anjarwalla, who absconded from custody in Nigeria. NewsNow has learned that the anti-corruption agency is collaborating with Interpol, the FBI, the UK government, and the Kenyan government to facilitate the arrest and extradition of Anjarwalla, the fugitive connected to the Binance...
The deepening crisis in the Benue APC as Alia inaugurates new working committee
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The deepening crisis in the Benue APC as Alia inaugurates new working committee

The All Progressive Congress in Benue State witnessed the inauguration of a new working committee by Governor Rev Fr Hyacinth Alia on Thursday. During the inauguration, Alia emphasized that there can only be one leader in the state, which is the governor. He reiterated the need for unity within the party and stated that the changes made to the executive committee were done intentionally without creating a faction. The inauguration took place at the party's factional secretariat near the Government House in Makurdi. The Benue State APC has faced internal conflicts following the removal of the state APC Chairman, Austin Agada, by his Ehaje council ward, and a subsequent court order prohibiting him from acting as the party chairman in the state. As a resu...
Request for clemency by 100 Kano death row inmates and others
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Request for clemency by 100 Kano death row inmates and others

A plea for clemency has been made by around 100 inmates, which includes individuals on death row at the Kano Correctional Centre. They have approached both the state government and the state Committee on Prerogative of Mercy for leniency. Additionally, other inmates seeking clemency comprise individuals serving life sentences, those with extended sentences, inmates facing severe medical issues, elderly inmates, and more. This information was disclosed by the state Correctional Centre Public Relations Officer, Musbahu Mata, in a statement released on Thursday. As per the statement, the list of inmates requesting clemency was presented by the controller of the state command, Suleiman Inuwa, to the Chairperson of the Prerogative of Mercy Committee, Hajiya Bebeji, subse...
A 25-year-old man has been sentenced to life in prison for raping a boy in Jigawa
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A 25-year-old man has been sentenced to life in prison for raping a boy in Jigawa

In Jigawa, a State High Court, under Justice Musa Ubale, delivered a life imprisonment verdict to Aminu Ali, aged 25, for sexually assaulting and sodomizing a 10-year-old boy (identity protected). Ali, a resident of Aukayawa Quarters in the Gwaram Local Government Area of Jigawa State, was convicted by the court after the prosecution successfully proved that he enticed the victim and committed acts of anal sex. Utilizing five witnesses and four exhibits, including a medical report, the prosecution effectively presented its case. Justice Ubale, in his verdict, declared that the prosecution had incontrovertibly proven the case. Consequently, the judge imposed a life sentence on the perpetrator in accordance with Section 3 (2 & 4) of the Violence Against Pers...
A tale of deceit and truth
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A tale of deceit and truth

Once upon a time, in a distant land, there were twin brothers named Truth and Lie. They found themselves standing by a river near their village. Lie, known for his cunning ways, challenged his brother Truth to a race. In his usual boastful manner, Lie claimed to be the fastest swimmer in the village and challenged Truth to a swimming race across the river. Truth, curious about the rules, inquired about the details. Lie laid out the rules - both had to strip naked and dive into the cold water simultaneously. When Lie deceived Truth by not jumping into the river as agreed, Truth continued swimming across. Meanwhile, Lie stole Truth's clothes, disguised himself, and paraded around town pretending to be his brother. As Truth returned naked, the people mistook him fo...
Exploring the Paradox of Truth and Lie
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Exploring the Paradox of Truth and Lie

Once upon a time, there existed a tale about twin brothers, far away in a village – Truth and Lie. Standing by a river outside their small community, they engaged in banter. In a moment of mischief, Lie dared his sibling to a race. The boastful Lie claimed, “I am the fastest swimmer in our village's history. I can outswim you, Truth!” Curious, Truth inquired, “What are the rules?” Lie outlined the rules: they must both strip naked, and upon his count, dive into the cold river, swim across, and return. As Lie delayed his jump, Truth, trusting as always, plunged into the water. Seizing the opportunity, Lie slyly stole Truth's clothes, donning them as his own and parading as his brother. Truth, left exposed and betrayed, refused to wear the ill-fitting garments...
Multiple fashion brands accuse Lagos show promoter of fraud
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Multiple fashion brands accuse Lagos show promoter of fraud

New revelations have surfaced as three additional fashion brands have come forward accusing Al-Ameen Babatunde, the organizer of the Lagos Fashion Festival, of defrauding them of a total of N420,000. This payment was made for participation in a fashion event that never took place. LatejCreations, Adoness Design, and Clothmate, shared their grievances in an interview with PUNCH Metro on Thursday. They expressed frustration over their unsuccessful attempts to secure refunds for the registration fees paid to Babatunde. PUNCH Metro previously reported on the dispute between Babatunde and two other fashion brands, Ronid Ventures and Mandystitchez, over a payment of N240,000 for a fashion event that was ultimately canceled. The brands recounted that Babatunde...