Author: New Daily Prime

The Federal Government has urged citizens to refrain from making negative remarks about the country. This caution comes amid ongoing discussions about Nigeria’s economic challenges, security issues, and overall national image. The government emphasised the importance of fostering a positive narrative and collective responsibility in shaping the country’s future. Officials stated that negative comments could undermine national unity and discourage foreign investment, which is critical for economic recovery and growth. A spokesperson for the government, speaking at a press briefing, remarked, “While it is vital to address our challenges, we must do so constructively. Criticism should be aimed at fostering…

The Nigerian Naira has been identified as one of the worst-performing currencies on the African continent, experiencing a staggering depreciation of 43%, according to a recent report from the World Bank. This significant decline raises alarms about the state of Nigeria’s economy, which has been grappling with various challenges, including inflation, foreign exchange shortages, and dwindling investor confidence. The report highlights the Naira’s performance in comparison to other African currencies, underscoring a troubling trend that could have far-reaching implications for the nation’s economic stability. Economists attribute the Naira’s depreciation to a combination of factors, including a volatile global market, rising…

The Federal Government has announced a comprehensive cash transfer initiative aimed at reaching 20 million impoverished Nigerians. The initiative was unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a press conference held earlier today. According to Edun, the cash transfer program is part of a broader strategy to stimulate economic growth and provide immediate relief to families facing financial hardship. “This initiative represents our commitment to ensuring that no Nigerian is left behind,” Edun stated, emphasizing the government’s focus on social welfare in the face of rising economic challenges. The program, which is…

TikTok has announced the removal of more than 2.1 million videos in Nigeria for violating its community guidelines during the second quarter of 2024. This initiative is part of the platform’s ongoing commitment to enhance content moderation and create a safer online environment for its users. In a report released on Tuesday, October 15, TikTok highlighted that these removals account for less than 1% of the total uploads in Nigeria during the reporting period. The findings revealed that an impressive 99.1% of the removed videos were proactively identified and taken down before any user reports were made. Furthermore, 90.7% of…

Bishop David Oyedepo, founder of the Living Faith Church (Winners Chapel), has urged critics to refrain from questioning the church’s decisions regarding the retirement of its pastors. The cleric faced criticism on social media after reports emerged last week that his two vice presidents, Bishops Thomas Aremu and David Abioye, would be retiring after serving three and four decades in the ministry. It was gathered that their retirement is in line with the operational guidelines of the church, also known as The Mandate, which serves as the church’s constitution. Reacting while delivering his sermon at the valedictory service for Bishop…

Dr. Deji Adeleke, a prominent businessman and the father of international music star Davido, has announced plans to construct the largest thermal power plant in Nigeria, set to launch in January 2025. This ambitious project aims to significantly enhance the country’s electricity generation capacity. Dr. Adeleke, who currently generates 15% of Nigeria’s electric power, emphasized the importance of investing in infrastructure to address the nation’s ongoing energy challenges. “Our goal is to not only increase power supply but also to contribute to the sustainable development of Nigeria’s energy sector,” He stated at the Seventh-day Adventist General Conference Annual Council in…

If you’re one of the many people who reach for their phone the moment they wake up, you’re not alone. This seemingly harmless habit could reveal a lot about your personality. Psychologists have identified various traits commonly found in those who instinctively grab their smartphones first thing. Firstly, it could indicate a strong need to connect with others. This isn’t just about internet access, but a deeper desire to maintain social connections and a fear of missing out. Checking messages and social media updates provides a sense of inclusion and helps kickstart the day. Secondly, it might suggest you’re highly…

The Lagos High Court in Ikeja ordered social media influencer Martins Otse, also known as Verydarkman, to remove a defamatory video and comments he posted on September 24th against Senior Advocate of Nigeria Femi Falana and his son Folarin, generally known as Falz. Justice Matthias Dawodu further ordered the self-proclaimed social media police to stop broadcasting, publishing, or disseminating any defamatory recordings or comments against the senior lawyer and his son on all of his online social media handles and sites until the hearing of the duo’s lawsuit. The judge also ordered that all processes in the case be served…

In a recent interview with media personality VJ Adams, singer-songwriter Raoul John Njeng-Njeng, better known as Skales, shared an unexpected sentiment. The “Shake Body” artist revealed that he regrets not having multiple baby mothers, a choice he sees differently from some of his peers. Skales explained that his unique family situation plays a significant role in this feeling, as he is the last surviving member of his lineage and feels a strong desire to have an heir to continue his family’s legacy. He said, “Right now I regret not having baby mamas. I really regret it because I’m the only…

The new management of Manchester United has announced the revocation of Sir Alex Ferguson’s ambassadorial contract, which had been in place for a decade and reportedly valued at £2.16 million per year. Ferguson, who managed the club from 1986 to 2013, is widely regarded as one of the greatest football managers of all time, having led United to numerous domestic and international titles during his tenure. His role as an ambassador was aimed at maintaining the club’s legacy and strengthening its global brand. The decision comes as part of a broader restructuring within the club, aimed at modernizing its operations…