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• Opposes Plan To Relocate The Bola Ige Mechatronics Institute • Coalition Pushes For Sack Of Chairman Of Governing Board Members of Esa-Oke Renewal Initiative, a coalition of elites of the Osun State town have petitioned the governor of the state, Senator Ademola Adeleke over alleged moves by the chairman of the governing board of Osun State College of Technology, Esa Oke, Mr Diran Odeyemi to ‘deplete’ the institution’s courses. The Coalition, in the petition signed by its Chairman, Wumi Adeniyi and Chairman, Board of Trustees, Ayodele Adediran, insisted it was basing its petition on what Mr Diran Odeyemi…

Medical experts in the country have warned hypertensive patients against participating in activities that cause excitement or put much pressure on the heart. Speaking on the possibilities of what could have happened to those who died while watching the football match between Nigeria and South Africa on Wednesday, consultant cardiologist, federal medical centre, Jabi, Dr. Salau Ibrahim, said the sudden collapse could be as a result of stroke, sudden heart attack or stress induced heart problem. The cardiologist told LEADERSHIP that age matters a lot and for people who are older and have other problems like heart issues or…

Access, GTB, UBA, Zenith Others To Pay Customers Money Sent From Abroad in Naira, Give Exchange Rate Nigerian banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now allowed to convert customers’ remittances from abroad to naira Also, CBN placed a ban on the dollar and other foreign currency payouts for international transactions received through IMTOs Nigerian banks have begun full implementation of the Central Bank of Nigeria’s revised guidelines on International money transfer operations in the country. The CBN released revised guidelines for the operations…

In March 2022, FIRS and MultiChoice agreed to an out-of-court settlement South Africa’s Multichoice Africa Holdings B.V, owner of DSTV and GOTV cable television brands, announced that its Nigerian subsidiary has reached a settlement with the Federal Inland Revenue Service (FIRS) and agreed to pay $37.3 million in taxes. FIRS had in July 2021 announced its plan to engage some commercial banks as agents to freeze and recover N1.8 trillion from accounts of MultiChoice Nigeria Limited (MCN) and MultiChoice Africa (MCA). FIRS said the decision to appoint the banks as agents and to freeze the accounts was a result…

President Bola Tinubu has directed the immediate release of 42,000 metric tons of assorted food items from both the strategic reserve and the Rice Millers Association of Nigeria as a short-term response to the rising food shortage in the country. Mohammed Idris, minister of information and national orientation, announced the directive after a meeting of the special presidential committee on emergency food intervention on Thursday. The minister said the government has proposed to embark on importation of whatever shortfalls that may be experienced after the release of the food commodities. He added that the government will sanction food hoarders…

Scammers use AI copies of colleagues to convince Hong Kong worker into transferring funds A finance worker was tricked into paying £20m to scammers by a “deepfake” video call featuring AI copies of his co-workers, police in Hong Kong have said. The employee transferred the money to the criminals after they used artificial intelligence software to imitate the worker’s superiors, including his UK-based chief financial officer. Everybody on the video call apart from the victim was a fake representation of a real person, police said. The case is believed to be one of the largest financial scams to date…

Indications appeared last night that the immediate past governor of Kogi State, Alhaji Yahaya Bello, might have run into trouble with some powerful forces in the All Progressives Congress, who are now ready to pay him back in his own coin, barely a few weeks after leaving office. A top federal government official told Vanguard on Thursday that the former governor had stepped on some toes while in office by some of the decisions he took, which the party did not like but could not do anything about it because of his closeness to the Buhari administration. The…

Ali Ndume, chief whip of the senate, says his views on the relocation of the headquarters of the Federal Airports Authority of Nigeria (FAAN) and some offices of the Central Bank of Nigeria (CBN) to Lagos should not be tarred with an ethnic brush. Recently, CBN announced the relocation of some of its departments from Abuja to Lagos. Similarly, FAAN announced the relocation of its headquarters from Abuja to Lagos. The Borno south senator had said there would be political consequences for President Bola Tinubu in 2027 if the planned relocations were implemented. His remarks had earned him plenty of…

… Decry worsening suffering, non-implementation of 16-point Oct. 2, 2023 agreement The Nigeria Labour Congress, NLC, and the Trade Union Congress of Nigeria, TUC, have issued a 14-day nationwide strike notice to the Federal Government. Their grouse is the non-implementation of the 16-point agreement between organised labour (NLC and TUC) and the Federal Government on October 2, 2023. Leaders of the NLC and TUC are sad that, despite organised labour’s efforts to ensure industrial peace, the government seems unperturbed by the mass suffering and hardship across the country. The October 2 agreement was “focused on addressing the massive suffering…

Experts in herbal medicine have said that the African cherry, known locally as Agbalumo or Udara, possesses certain properties that are effective in the prevention and management of diabetes and heart diseases. The Managing Director of Pax Herbal Clinic, Rev. Fr. Anselm Adodo, in an interview with our correspondent, described the fruit as a good source of calcium. He said, “Calcium lends strength to the bones and teeth. It is recommended for pregnant women because it reduces salivation. It is also one of the best natural sources of vitamins A and C. In fact, the Vitamin C found in…