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Tackle Poverty With Financial Interventions – EU Urges FGN

Tackle Poverty With Financial Interventions – EU Urges FGN

Tackle Poverty With Financial Interventions – EU Urges Nigerian Govt The European Union has called on the Federal and State Governments to increase financing for social protection interventions, “as it is critical to reducing poverty across the country.” According to a statement by the commission on Saturday, the Head of Cooperation of the EU Delegation to Nigeria and ECOWAS, Massimo De Luca, made the call on Friday, during the third edition of the Social Protection Cross-Learning Summit in Abuja. He described social protection as a fundamental pillar supporting the most vulnerable and poor households, providing not only a safety net…
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PZ Cussons Reports N96.4 Billion Net Loss, Shareholders Funds Wiped Out

PZ Cussons Reports N96.4 Billion Net Loss, Shareholders Funds Wiped Out

Shareholders Funds Wiped Out As PZ Cussons Reports N96.4 Billion Net Loss Consumer goods company PZ Cussons has reported a net loss of N96.4 billion for the fiscal year ending May 31, 2024. According to its latest unaudited financial statements, the losses resulted in the company posting a negative equity of N47.2 billion by the end of the fiscal year. PZ Cussons has been grappling with significant macroeconomic challenges that adversely affect its profit margins. Among the key issues cited are high interest rates, exchange rate depreciation, and escalating inflation. These factors have combined to create a tough operating environment…
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NFVCB Denies Plans To Arrest Unapproved Online Content Makers

NFVCB Denies Plans To Arrest Unapproved Online Content Makers

NFVCB Denies Plans To Arrest Makers Of Unapproved Online Content The National Film and Video Censors Board has denied it has plans to arrest skit makers who release content online without approval. In a statement titled ‘Re: FG To Arrest Skit Makers Who release content online without approval’, and signed by its management, the NFVCB said the information making the rounds on the issue was misleading. The statement said: “Our attention has been drawn to this and other misleading headlines, making the rounds. “We want to categorically state that at no time and nowhere did we issue such a statement.…
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Prophet Mutumwa Claims God Gave Him Key To Gambling, Wins N45 Million; Banned From Casino

Prophet Mutumwa Claims God Gave Him Key To Gambling, Wins N45 Million; Banned From Casino

Prophet Mutumwa Claims God Gave Him Key To Gambling, Wins N45 Million; Banned From Casino Archbishop Emmanuel Mutumwa scooped £23,487 ($30,000/N45,000,000) at a casino in Zimbabwe after claiming God gave him a winning formula. But his celebrations were cut short after he was banned. A “prophet” who claimed God gave him a winning formula was banned from a casino after taking home £23,487 ($30,000). Lucky Archbishop Emmanuel Mutumwa, leader of the Johanne Masowe eChishanu Apostolic Sect in Zimbabwe, had bragged about his mammoth win. But his celebrations were cut short when bosses at other casinos in Zimbabwe told him to…
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Husband Impregnates Wife’s Twin Sister, Claimed They Planned A Surprise Since She Is Infertile

Husband Impregnates Wife’s Twin Sister, Claimed They Planned A Surprise Since She Is Infertile

Husband Imprêgnates Wife’s Twin Sister, Claims He Wanted To Surprise Her Since She Is Infêrtile A lady has taken to social media to share her devastating story of how her husband allegedly impregnated her identical twin sister amidst their struggle with infertility. The anonymous message, addressed to TikTok user @mrsbelleblake, detailed the heart-wrenching ordeal of the young woman who had been trying to conceive with her husband for over six and a half years. According to the message, the lady, who remains unidentified, disclosed that both she and her twin sister had starkly different fertility statuses: while she faced challenges…
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President Tinubu Urges Governors To Meet Targets On Food Security; Approves Immediate Rollout Of National Construction And Household Support Programme

President Tinubu Urges Governors To Meet Targets On Food Security; Approves Immediate Rollout Of National Construction And Household Support Programme

STATE HOUSE PRESS RELEASE PRESIDENT TINUBU URGES GOVERNORS TO MEET TARGETS ON FOOD SECURITY; APPROVES IMMEDIATE ROLLOUT OF NATIONAL CONSTRUCTION AND HOUSEHOLD SUPPORT PROGRAMME To boost agricultural productivity, strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction, as well as provide urgent economic relief for Nigerians, President Bola Tinubu has approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country. Under the programme, the Sokoto-Badagry Highway, which will traverse Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos, is prioritized. Other road infrastructure projects, such…
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NNPC Unveils Business Opportunities For Youth Corps Members

NNPC Unveils Business Opportunities For Youth Corps Members

NNPC Unveils Business Opportunities For Youth Corps Members A total of 2,659 members of the National Youth Service Corps across Nigeria have been pre-qualified for the final phase of the NNPC Foundation Business Pitching Exercise. According to a statement issued by the Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye, billed to hold from July 2 to 10, 2024, the exercise is an integral part of the NNPC Foundation’s Financial Literacy programme for Nigerian youths that witnessed the engagement of over 284,000 corps members, who underwent rigorous training and assessments. Speaking on the exercise, the Managing Director of the NNPC…
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President Tinubu Announced Eight New Appointments (See List)

President Tinubu Announced Eight New Appointments (See List)

President Tinubu Announces Eight New Appointments (FULL LIST) President Bola Tinubu has approved the appointment of eight new Federal Permanent Secretaries to fill in existing and impending vacancies in some states and geo-political zones in the top administrative cadre of the Civil Service of the Federation. Special Adviser to the President on Media and publicity, Ajuri Ngelale, made this known in a statement issued on Friday. Tinubu said the new Federal Permanent Secretaries were appointed after a diligent selection process by the Office of the Head of the Civil Service of the Federation. The President anticipates that the new Federal…
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Chivido2024: Nigerian Lady Permanently Tattoos Davido, CHIOMA On Her Arms

Chivido2024: Nigerian Lady Permanently Tattoos Davido, CHIOMA On Her Arms

CHIVIDO24: Nigerian Lady Permanently Tattoos Davido, Chioma On Her Arms A Nigerian lady simply identified as Arabinrin Hair Luxury on Instagram has permanently inked faces of Ace Singer, Davido and his wife, Chioma on her hands. In a video and photos sighted by our correspondent, the lady was captured smiling while the images were scripted on her arms. She disclosed that it was done out of love for the international singer who got married earlier this week. Though, reactions has trailed her actions. While 001 fans hail the lady, many have condemned her action. As at the time of filling…
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Minimum Wage: NLC Cautions Governors Against Dictatorial Tendencies

Minimum Wage: NLC Cautions Governors Against Dictatorial Tendencies

(Minimum Wage): NLC Cautions Governors Against Dictatorial Tendencies The Nigeria Labour Congress on Friday cautioned state governors against exhibiting dictatorial tendencies amidst the recent statements made by some governors regarding their desire to pay what they deem fit to Nigerian workers as the minimum wage. “This notion is not only dictatorial but also undermines the very essence as well as the model adopted for creating a national minimum wage in Nigeria,” NLC’s spokesperson, Benson Upah made this known in a statement sent to The PUNCH in Abuja. Explaining the concept of a national minimum wage, Upah noted that it is…
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