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Three Ondo Clerics Allegedly Exhume And Tamper With C@rps£ Of One-year-old Boy After Officiating At His Burial
~1.3 mins read

Three muslim clerics who are identified as Aliyu Musa, Aliyu Taiye, and Wasiu Babatunde, were arrested for allegedly exhuming the c@rps£ of a one-year-old boy identified as Taiwo Bisiriyu and thereafter using it for rit¥al in Omi-ifon in Odigbo LGA, Ondo State

Taiwo d+ed on Friday, July 5, 2024, and was buried the same day, while the clerics officiated at the burial. However, the incident happened on Tuesday, July 9, 2024

According to some residents, some of the items allegedly found in the clerics’ homes, included a pestle and a mortal, concoction, sponge, and black pot, among others.

The deceased’s guardian identified as Risikat Bisiriyu said, “The boy was ill and I took him to a Maternity Centre for treatment. He was later referred to the General Hospital in Ore. But on getting there, the boy d+ed.

Since we are Muslims by religion, we decided to bury the boy the same day, and we invited the clerics to officiate.

When we got to where the boy would be buried, one of the clerics who carried the c@rps£ went far into the bush to bury him. But the younger brother of the deceased’s father insisted he should bury the child at a particular place, not far inside the bush.

The child d+ed on Friday. So, on Monday, around 10 am, we were sitting outside the house, when the wife of one of the clerics came and told us that she didn’t know what her husband brought into the house that was smelling. But we paid no attention to what she said

About 11pm on Monday, we began to hear the cleric pounding some things till 4.30am. I jokingly said only God knows what he was pounding all through the night that disturbed our sleep. [Continue reading on next slide]

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Investopedia
Newly Proposed Rule Would Require More Clarity On Fees For Paycheck Advances
~1.2 mins read

Loans that provide workers an advance on their paychecks could face more regulations under a new proposal.

The Consumer Financial Protection Bureau proposed a new rule Thursday that would require paycheck advance products to present more accurate and additional disclosures about fees associated with that type of loan.

Employers sometimes partner with companies that will provide a loan for the size of a worker's upcoming paycheck. The worker will typically incur payroll deductions if they do not repay the loan and fees. Direct-to-consumer versions of this loan offer funds in advance to workers who then incur fees that are taken directly from their bank account.

The use of these loans has grown in recent years, as more than $22 billion was borrowed in 2022 by workers who needed an advance to cover expenses, according to the latest data from the CFPB. 

The typical annual percentage rate for employer-partnered loans was 109.5%, the CFPB found.

If adopted, the new rule would provide borrowers with a greater understanding of what fees are incurred with this type of loan.

“Paycheck advance products are often marketed to and designed for employers, rather than employees,” CFPB Director Rohit Chopra said in a press release. “The CFPB's actions will help workers know what they are getting with these products and prevent race-to-the-bottom business practices.”

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Instablog9ja
VeryDarkMan Shad£s Businessman Blord For Saying He’s A Youth President
~0.2 mins read

VeryDarkMan has shad£d businessman Blord for saying he’s a youth president.

He said he is a youth president who rips youth.

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Investopedia
Cintas Shares Hit A Record High Thursday—Here's Why
~1.2 mins read

Shares of Cintas (CTAS) traded at an all-time high Thursday, extending a strong year, after the business supplies company reported better-than-expected results and gave an upbeat outlook.

The provider of workplace uniforms posted fiscal 2024 fourth-quarter adjusted earnings per share (EPS) of $3.99, with revenue increasing 8.2% to a record $2.47 billion. Both were above forecasts.

CFO Mike Hansen said Cintas benefited from both new customers and strength with existing ones, as well as supply chain improvements. The company made “focused efforts to extract inefficiencies from the business," Hansen said.

In a conference call, CEO Todd Schneider discussed customer retention he called "strong."

"When you have as broad of a customer base as we do, there are certainly some aspects that are thriving and some that are struggling," he said in a transcript provided by AlphaSense. "It varies based upon industry. It varies based upon geography. But when you speak as a whole, I would say ... we haven't seen much change in it so far.

Cintas anticipates fiscal 2025 adjusted EPS of $16.25 to $16.75, and sales of $10.16 billion to $10.31 billion. Schneider said the guidance “reflects our continued confidence in our strategy.”

Cintas shares, which rose more than 5% today, are up about 30% this year.

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Instablog9ja
Some Universities Were Admitting 10-year-olds — JAMB Registrar, Prof. Oloyede, On New Age Limit
~1.6 mins read

Ishaq Oloyede, registrar of the Joint Admission and Matriculation Board (JAMB), says some tertiary institutions in Nigeria were found to have illegally admitted candidates as young as 10 and 12.

The ministry of education earlier pegged the minimum age for university, polytechnic, and college of education admissions at 18. Oloyede, during JAMB’s policy meeting in Abuja, spoke on why it became necessary to adopt a minimum age for admissions.

He said some universities had admitted candidates as young as 12 and 10 outside JAMB’s central admission processing system (CAPS). Oloyede cited the case of a Nigerian institution he did not name and a postgraduate applicant who was looking to study in Germany.

He said the student, documented to have enrolled in the university at 12 to graduate at 15, was discovered after they attempted to pursue a postgraduate degree in Germany. Oloyede said the European Union, whose scholarship grant the student attempted to apply for, had contacted the board to verify the student’s credentials.

“The candidate applied for a postgraduate scholarship under Erasmus Mundus. The body found it strange that the candidate’s date of birth was 2007,” he said. “By her passport, she started studying at a university in Nigeria when she was 12 and graduated at 15. The selection committee contacted Nigeria to confirm whether the candidate studied at a university. The EU asked if it was possible to graduate candidates at such a young age.”

Oloyede said such cases could negatively affect the perception of the larger pool of degrees awarded by Nigerian tertiary institutions. “In the next two to three years, the EU could tighten its requirements and all graduates of Nigerian universities would suffer it,” he said.

“We found that [JAMB] never admitted the candidate because she was underage. The university admitted and registered the candidate. I couldn’t respond to the EU because I was embarrassed. I didn’t know what to write. Ignorantly, the vice-chancellor confirmed that the student attended the school but that they weren’t the VC at that time.”

At the policy meeting, Oloyede said JAMB was alarmed at the participation of a large number of underage candidates in the 2024 Unified Tertiary Matriculation Examination (UTME). “The enrolment of underage candidates is inflicting serious damage on the university and the education system,” he added.

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Instablog9ja
Youth President For A Reason — Businessman Blord Breaks His Silence Following His Release From Police Custody Over Allegations Of Internet Fra¥d, T3rrorism Funding
~0.2 mins read

Businessman Blord has broke his silence following his release from police custody over allegations of internet fra¥d and t3rrorism funding.

He has now called himself youth President for a reason.

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