Author: Vardiafrica

The Nigerian Education Loan Fund (NELFUND) has listed state-owned schools eligible for the student loan scheme. In a Sunday statement, NELFUND said students from the 36 schools can now submit their applications for the student loan fund on its portal. “The Nigerian Education Loan Fund (NELFUND) is pleased to announce that students enrolled in the following 36 state-owned tertiary institutions can now apply for student loans effective today, 7th July 2024,” NELFUND’s statement read. “The management of these institutions has successfully submitted their student data to the NELFUND Student Verification System (SVS). We urge all other state-owned tertiary institutions to…

President Bola Tinubu has been re-elected as the chairman of the Economic Community of West African States (ECOWAS), about one year after he took over the leadership of the regional bloc.  The Nigerian leader who rose to power in May 2023 was re-elected as the ECOWAS chairman during the 65th Ordinary Session of the ECOWAS Authority of Heads of State and Government. That event took place at the Presidential Villa in Nigeria’s Abuja capital on Sunday. Stabilising Fund During his opening remark at the summit, President Tinubu urged ECOWAS member states to make financial commitments to help in the battle against terrorism in…

The Chief Justice of Nigeria, Justice Olukayode Ariwoola, will on Wednesday, July 10, swear in the twelve newly appointed Judges of the High Court of the Federal Capital Territory. A statement by the Director of Press and Information of the Supreme Court, Dr. Festus Akande, said the swearing-in ceremony would hold at the Main Courtroom of the Supreme Court of Nigeria by 10:00am. The new judges to be sworn in are: Justice Buetnaan Mandy Bassi from Plateau State, Justice Ademuyiwa Olakunle Oyeyipo from Kwara State, Justice Bamodu Odunayo Olutomi from Lagos State, Justice Iheabunike Anumaenwe Godwin from Imo State, Justice…

President Bola Tinubu on Friday hosted All Progressives Congress (APC) governorship candidate for Edo State, Monday Okpebholo, and his running mate, Dennis Idahosa, at the Presidential Villa, ahead of the September poll. They were accompanied on the visit to the President by a former Governor of the State, Adams Oshiomhole, and the Minister for Niger Delta Development, Abubakar Momoh. The meeting came barely 24 hours after a Federal High Court in Abuja faulted the primary election of the People’s Democratic Party (PDP), which produced Asue Ighodalo as its flag bearer. While Okpebholo declined to speak with State House correspondents on the outcome of the visit, describing it as a private meeting, Oshiomhole expressed confidence that the APC would emerge…

President Bola Tinubu says Nigeria’s power generation capacity at about 4.5 gigawatts is shameful. According to a statement by Ajuri Ngelale, presidential spokesperson, Tinubu spoke during the inauguration of the presidential economic coordination council (PECC) on Thursday. Since powered generation is measured in megawatts in Nigeria, 4.5 gigawatts would translate to 4,500 megawatts. Speaking at the event, the president called for the collaboration of the members to increase Nigeria’s on-grid electricity capacity ”We have the challenge of energy security in Nigeria. We need to work together to improve our oil and gas sector, and we must also increase electricity generation and…

US President Joe Biden said on Friday that only “the Lord Almighty” could convince him to give up on his effort for re-election, despite growing calls from fellow Democrats to do so following a disastrous debate against his Republican opponent Donald Trump. During a prime time interview, Mr Biden blamed a cold and exhaustion for his “bad night” last week, insisting that he was mentally and physically fit for a second term. He did, however, refuse to commit to taking a cognitive test and having the results released to the public. “I wouldn’t be running if I didn’t think I did” have the capacity…

Iran’s reformist candidate Masoud Pezeshkian, who advocates improved ties with the West, on Saturday won a runoff presidential election against ultraconservative Saeed Jalili, the interior ministry said. Pezeshkian received more than 16 million votes, around 54 percent, and Jalili more than 13 million, roughly 44 percent, out of about 30 million votes cast, electoral authority spokesman Mohsen Eslami said. Voter turnout was 49.8 percent, Eslami added, up from a record low of about 40 percent during the first round. The election came against a backdrop of heightened regional tensions due to the Gaza war, a dispute with the West over…

Vice President Kashim Shettima has called for a significant shift from dependence on oil to other critical sectors with attractive investment returns in Nigeria. He identified agriculture, manufacturing, renewable energy and digital innovation, among other sectors as potential investment ground to explore, saying they align with the nation’s development priorities outlined in the Economic Recovery and Growth Plan (ERGP). The Vice President said this during the Existing Foreign Direct Investors Roundtable at the Banquet Hall of the Presidential Villa, Abuja. He pointed out that the eight-point agenda of the Renewed Hope administration of President Bola Ahmed Tinubu “signals diverse avenues…

Kenyan President William Ruto has announced measures to cut government spending after a finance bill meant to raise taxes triggered violent protests across the country. Ruto said he declined assent to the controversial bill after reflecting on the conversation around its content. The protests had left over 23 people dead as demonstrators breached the national assembly for the first time in Kenya’s history. During an X-Space engagement with Kenyans on Friday, Ruto said the bill was marred with “falsehood and propaganda”. The president explained that the bill provided interventions that would have created more jobs and protect Kenyan industries. The presidency said…

President Bola Tinubu has congratulated Keir Starmer and the Labour Party for winning the UK election. Starmer became the new prime minister of the UK after his party secured the requisite 326 parliamentary seats. In a statement, Tinubu described the UK as a “model of democracy”. “As a former leader of the opposition in Nigeria, I specially note the determination and courage the incoming Prime Minister of the United Kingdom demonstrated throughout his years in the opposition and as the leader of the Labour Party,” the statement reads “The party’s ability to reform, mobilize, and position itself for victory after 14 years clearly affirms…