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Author: Newsjaunts
FG justified to ask banks to pay windfall levy on forex gains, Ogunyemi OAU Prof of Economic History
A Professor of Economic History at the Obafemi Awolowo University, Ile Ife, Adetunji Ogunyemi, speaks on the amendment of the Finance Act 2020 by the National Assembly to accommodate windfall levy on banks’ profits on foreign exchange transactions. The lawyer, public finance expert submits that the policy is perfectly in order, asking banks to see it as contribution to national development. Excerpts: The windfall levy generated some debate in the polity with government justifying it as the right thing to do in order to strike a balance in the key sectors of the economy. How justified is this levy on…
About 1,000 youth groups in Benue State have decided to cancel the proposed nationwide strike scheduled for August 1. The Benue Youth Good Governance Movement (BYGGM), Benue Advancement Forum (BAF) and Benue Pro-Active Network (BPN) in a joint statement said this followed careful consideration and intervention by the Minister of Water Resources and Sanitation, Professor Joseph Terlumun Utsev. The statement co-signed by Comrade Abajih Terhide Gabriel and Oche Daniel Itodo expressed concern over the security situation in Benue, as the state is currently volatile and prone to violence. The groups said that they do not want to exacerbate the situation with a…
Aviation Minister Keyamo Gets Thumbs Up for Improved Standard At AirportsThe Agenda for Good Governance in Nigeria (AGGN) has applauded the Minister of Aviation and Aerospace Development Festus Keyamo for the significant improvements in the nation’s airports. The group said following an independent tour of the airports, it noticed first-hand that the airports have witnessed considerable upgrades in infrastructure development.A statement by its President, Dr Bashir Mohammed said the proposed upgrade of the Margaret Ekpo International Airport Calabar, Osubi Airport, and Ibadan Airport, among others are proofs. Mohammed said these efforts have enhanced the safety of passengers and the community,…
…calls for President Tinubu’s intervention to prevent breakdown of law and order by Wike Supporters
Shimawa, a once tranquil and little-known town in Ogun State, has emerged as the premier real estate location in the region, thanks to the transformative efforts of Adron Homes. This metamorphosis has redefined the town’s identity, making it a beacon of modern living and investment opportunities. Adron Homes’ strategic initiatives have played a central role in Shimawa’s transformation. By developing numerous estates with state-of-the-art amenities, Adron has set new standards for residential living. These estates are equipped with modern infrastructure, including well-paved roads, reliable water supply, and efficient drainage systems, enhancing the quality of life for residents. The real estate has…
The Founder, Irede Foundation, a non-profit Organization, Hon. Hammed Adeniyi Adebolu has reiterated his desire and commitment towards the development of sports at the grassroots level. Hon. Adebolu stated this when he received executive members of the State Chapter of the Sports Writers Association of Nigeria (SWAN) at his Oke Ilewo Office, Abeokuta. Otherwise known as Sekere of Lagos, the Irede Foundation founder who acknowledged the importance of Sports to the social economic development of any nation especially in the area of job creation for the youths in the society, promised to partner with the association in the state to…
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received three prestigious awards at the 2024 Global Sustainable Finance Awards, which was hosted by The Digital Banker. This prestigious event honors financial institutions leading in sustainable finance and responsible investment practices globally. The recognition underscores Wema Bank’s unwavering commitment to environmental, social, and governance (ESG) excellence across its operations and marks a significant milestone in the Bank’s commitment to sustainability and responsible banking.The awards include:
The Ogun State Governor, Prince Dapo Abiodun, has appealed to the youths in the State and the country at large to shelve the planned mass protest nationwide and embrace peace and dialogue. Governor Abiodun, speaking during an engagement with the coalition of youth organizations in the state, appealed to them to be calm and not to cut the head to cure an headache. He called on the coalition to always engage with him by putting their burning issues across, urging them to be civil, objective, and constructive. “I want to plead with you that yet again there are calls for…
The matchups for what promises to be a blockbuster SmackDown Friday on July 26, have been announced by WWE. The night will feature tag-team matches and a grudge female bout involving some big names in Omaha, Nebraska. Here are reasons you shouldn’t miss the action live on GOtv: Tag Team Championship Gauntlet Match: The No. 1 contenders for WWE Tag Team Champions #DIY will be decided in a Gauntlet Match at this Friday SmackDown. This highly anticipated bout will feature The Street Profits, Baron Corbin and Apollo Crews, The Bloodline’s Tama Tonga and Tonga Loa, Legado del Fantasma’s Angel and…
Digital solutions provider, Globacom, has announced the start of a thrilling new lottery service, Glo Flex Win, which provides customers excitement and puts more money in their wallets. Glo subscribers can make additional money by showing their quick thinking and knowledge through the Glo Flex Win service. According to a press release from Globacom, subscribers will be given trivia questions on a variety of subjects, spanning from pop culture to general knowledge, and more. They will gain points for every right response, which will also raise their chances of earning significant prizes. All a subscriber has to do to sign…

