UK faces highest inflation in 40 years due to rising food prices

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Due to increase in food prices, the consumer price inflation in the United Kingdom has increased to a 40-year high of 9.1% in May, which is the highest rate out of the Group of Seven countries (G7) and one which underlines the severity of the country’s cost-of-living crisis. The analysis escalated from 9.0% in April to the present digits according to records from the Office for National Statistics, ONS, showing that May’s inflation was the highest since March 1982, and there is likelihood of worse scenario in the nearest future.…

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Convicted Internet fraudster to wash school toilets for eight months

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The federal and state high courts in Ibadan, Oyo State, and Osogbo, Osun State have convicted no fewer than five Internet fraudsters. The Economic and Financial Crimes Commission, in a statement on Tuesday by the Head, Media and Publicity, Wilson Uwujaren, said the cases were prosecuted by its Ibadan Zonal Command. A final-year student of Transport Planning Management at the Tai Solarin University, Ijebu Ode, Ogun State, Amusa Oluwasegunfunmi, was sentenced to eight months’ community service for fraudulent impersonation. Others are Ajisafe Olaide, Lawal Morenikeji, Osuolale Abiodun, and Olamilekan Taofeek.…

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We didn’t endorse Tinubu -Ohanaeze

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Ohanaeze Ndigbo, apex Igbo socio-cultural organisation, has denied endorsing the presidential aspiration of the All Progressives Congress (APC) candidate, Asiwaju Bola Tinubu. It stated this while reacting to a story, captioned: ‘Ohanaeze Ndigbo dumps Peter Obi, declares support for Tinubu’. According to a statement by its National Publicity Secretary, Dr. Alex Ogbonnia, “the purveyor of the above remarks is Chief Solomon Aguene, the immediate past president of Ohanaeze Ndigbo Worldwide, Lagos State Chapter.” The statement reads in part “Ohanaeze Ndigbo informs the general public that the current president of Ohanaeze…

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Eight years after, two kidnapped Chibok girls regain freedom

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Two former schoolgirls who were abducted by Boko Haram jihadists eight years ago, have been found by the Nigerian troops, the military revealed on Tuesday, freeing some of the last victims of the 2014 Chibok abduction. The two women each carried babies on their laps as they were presented by the military, after captivity with militants who stormed their school in April, 2014 in northeast Nigeria in a mass kidnapping that sparked international outrage. Major-General Christopher Musa, the military commander of troops in the region, told reporters the girls were…

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Man arrested for stripping and flogging girlfriend for cheating

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A man identified as Fatai, has been arrested by the Kwara State Police alongside three of his friends for allegedly assaulting his girlfriend, identified only as Aduke, over claims that she cheated on him. Aduke, a student of the Bartholomew College of Health, Kwara State, was said to have been invited to Fatai’s residence. It was learnt that when Aduke arrived at the house, she met Fatai and his three friends, who started interrogating her. The friends were said to have accused the undergraduate of cheating, as they grabbed her…

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Fidelity Bank Renovates Classroom Blocks, Commissions ATM Gallery In Zaria to Drive Financial Inclusion

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Leading financial institution, Fidelity Bank Plc, recently commissioned the newly renovated Madrasatul Anwarul Islam school in Zaria, Kaduna State as part of its Corporate Social Responsibility (CSR) initiatives targeted across Nigeria. Established over five decades ago by the emir’s father, late Maga in garin Zazzau, Alhaji Nuhu Bamalli, Madrasatul Anwarul Islam is the alma mater of the current Emir of Zazzau and has produced several notable personalities in the country. The bank also inaugurated a state-of-the-art Automatic Teller Machine (ATM) gallery to drive financial inclusion within the community. Speaking at…

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Nexus Project to transform job seekers to sustainable job creators …partners Henley Business School, Lagos Business School and Semicolon Africa

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What is the Nexus Project? The Nexus is a virtual platform that de-isolates young entrepreneurs and connects them to an ecosystem of knowledge intervention and technical support services. It is designed to improve the chances of building sustainable businesses, thereby improving the conversion rate of job seekers into job creators and reducing the failure rate of start-ups in the context. The Nexus platform will have the following features: 1. The Investment Readiness Map (IRM) – a personalized mapping of enrolled entrepreneurs’ learner journey. It is a market-driven narrative articulating the…

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FIRSTBANK PARTNERS WITH ELOY FOUNDATION TO PROMOTE THE SUSTAINABILITY OF FEMALE OWNED SMALL BUSINESSES

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In furtherance of the need to empower female business owners across the country, The ELOY Foundation, in partnership with FirstBank presents the ELOY Foundation Business Shower, created to support female entrepreneurs on their journey to building sustainable businesses. The support from FirstBank will be carried out through the FirstGem loan scheme designed for female-owned or partnered MSMEs and its SMEConnect initiative. The partnership focuses on key sectors of the economy and designed to have female entrepreneurs exposed to essential business skills like training, networking and the ELOY Foundation Business Toolkit,…

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Sanwo-Olu congratulates Oyebanji as APC wins Ekiti governorship seat

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Lagos State Governor, Babajide Sanwo-Olu, has congratulated the Ekiti State All Progressives Congress, APC, candidate, Biodun Oyebanji, on his victory at Saturday’s governorship election in the state. Sanwo-Olu described Oyebanji’s landslide victory as a testament to the good work the APC-led government has done in Ekiti State, as well as the sterling qualities of her candidates. Sanwo-Olu, in a statement, yesterday, by his Chief Press Secretary, Mr. Gboyega Akosile, said: “I congratulate Mr. Oyebanji for emerging victorious in Saturday’s gubernatorial election and returned as duly elected next governor of Ekiti…

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Housewife arrested for chaining and starving stepchildren in Imo

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A 26-year-old woman, Victoria Nwosu, has been arrested by police in Imo State, for allegedly abusing and enslaving her three stepchildren. A video clip had gone viral on the Internet showing the three minors being chained and made to undergo mental and physical torture. A concerned resident, who made the video, called on Nigerians to come to the rescue of the children. Subsequently, the state chapter of the International Federation of Women Lawyers swung into action, which led to the arrest of the woman and her husband. Confirming the arrest…

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