Select a category

Police operatives in Ogun State have arrested a 28-year-old man, Samuel Ani, for allegedly d3filing and impr3gnating a 14-year-old girl in Sagamu area of the state.

The suspect was arrested after the girl’s father filed a complaint at the police station on Wednesday, November 13.

The command’s spokesperson, Omolola Odutola, in a statement on Friday, said the suspect was caught in the act and has confessed to the crime.

“The father, known only as Paul, had approached the division to report the crime suspect committed against his daughter.

The suspect allegedly d3filed the minor and is also accused of impr3gnating her. The 28-year-old suspect had been arrested and detained by the command,” she said.

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has stated that, without divine intervention, the exchange rate could have reached ₦10,000 for $1.

Speaking at the Special Holy Ghost Congress in Abuja, he attributed Nigeria’s financial struggles to its reliance on fuel imports and the ongoing issue of non-operational refineries.

According to him, “We need help, and it’s not human help; it’s divine help. Before our current president took office, we were aware that the root of our financial issues lay in the importation of petrol. Despite having oil, we continued to import petrol and waste billions on refineries that did not operate effectively.

When the president cancelled the subsidy on petrol imports, those who benefited from it became upset and created more problems.”

As the naira continued to decline rapidly, Adeboye said that he prayed and was grateful that others joined him in prayer.

“If God hadn’t intervened, $1 could have been worth N10,000 by now. This illustrates how much we need prayers,” he added.

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog

The Federal Executive Council (FEC) has approved the creation of a N250 billion real estate investment fund, which aims to tackle Nigeria’s housing deficit and provide long-term, affordable mortgage financing for Nigerians.

Finance Minister Wale Edun disclosed this to State House correspondents on Thursday after the FEC meeting, which was led by President Bola Tinubu at the Presidential Villa.

According to Edun, the initiative will provide Nigerians with the opportunity to secure mortgages at interest rates significantly lower than the current market rates, which can exceed 30%, with tenures that could extend up to 20 years or more.

“Approval has been granted for the Ministry of Finance Incorporated (MOFI) real estate investment fund. This fund will serve as the basis for the revival of long-term mortgage financing in the Nigerian economy.

The MOFI Real Estate Investment Fund will initially amount to N250 billion and will provide low-cost, long-term mortgages to Nigerians who wish to acquire homes. It will help address part of the 22 million-unit housing deficit.

Of course, it will create jobs, stimulate economic growth, and pave the way for other private sector investors to participate in the housing construction industry, with significant benefits for the broader economy.

The concept is long-term. Investors will have the opportunity to earn market rates of interest and returns on investment, blended with seed funding of N150 billion,” he said.

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog

The Federal Executive Council (FEC) has approved an external borrowing plan of $2.2 billion aimed at boosting the nation’s finances and supporting ongoing economic reforms.

Finance Minister Wale Edun shared this update with State House correspondents on Thursday after the FEC meeting, which was led by President Bola Tinubu at the Presidential Villa.

According to him, “The first objective is to complete the federal government’s external borrowing program with the approval of the $2.2 billion financing package, which will include access to the international capital market through a combination of Eurobonds and Sukuk bonds—approximately $1.7 billion from the Eurobond offer and $500 million from Sukuk financing.

The actual composition of the financing will be finalized once the National Assembly has considered and approved the borrowing plan. After the external borrowing approval is granted, the funds will be raised as soon as possible within the year.

The exact combination of instruments will depend on the advice of transaction advisers and market conditions when we decide to enter the market.

Earlier in the year, we demonstrated the resilience of the Nigerian financial markets and their capacity to handle more complex and sophisticated offerings, such as the domestic issuance of dollar bonds that attracted investors from both Nigeria and abroad.”

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog

Edo State Governor Monday Okpebholo shared that he found a d3ad bat on his bed shortly before being declared the winner of the September 21 governorship election.

He recounted the experience during a post-swearing-in thanksgiving service held Wednesday night at Dr Samuel Ogbemudia Stadium in Benin City.

“I want to thank God. In this last election, while I was praising God, they (traducers) were busy operating from Arise. They were busy operating from Facebook. They were busy operating from Channels.

But, I took the battle to God because I know the secret. A few days to the election, they said this guy (Okpebholo) is cr+zy. We gathered to praise God in this state. They said, ‘What is he doing?’ They were there at Arise. But, I was listening to the voice of God. I won the battle.

After the election, on Sunday morning, I came to my room. I found a bat had di3d on my bed, without me sh%%ting any arrow. But the spirit of God was there. The arrow of God; the hand of God delivered me.

I am grateful to the men of God that stood in the gap. I am grateful to those that believe that with God, all things are possible. And I will give you one advice: trust in God alone because he will do it for you,” the governor said.

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog

The Federal Government has paid tribute to the late Abibat Mogaji, mother of President Bola Tinubu, by dedicating the ICT block at the Maryam Babangida National Centre for Women Development (MBNCWD) in her name.

At the unveiling ceremony held Tuesday in Abuja, Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, praised Mogaji as a strong matriarch and advocate for women’s empowerment.

According to her, “She served as a testament to the relentless pursuit of her unwavering commitment to the upliftment of women.

We are gathered here to celebrate and honour the remarkable values of gender inclusion, women empowerment, and humanitarian services rendered by a resilient matriarch, mother, and an Amazon, the Late Chief Alhaja Abibat Mogaji.

She served as a testament to the relentless pursuit of her unwavering commitment to the upliftment of women and the extraordinary efforts in creating a more compassionate society where no one is left behind.

As we unveil the new name of the ICT block, let it be a symbol of our pledge to strive harder for the rights of women, to honor their contributions to our country.

To build a society where every woman and child can fulfil their potential with dignity and pride.”

#Instablog9jaNews #TrendingStory #Awareness #StayUpdated

Continue reading on Instablog