Author: New Daily Prime

Nigerian fintech, Moniepoint, has kept mum over an alleged N1 billion fine imposed on it and other fintechs by the Central Bank of Nigeria (CBN) over compliance issues. Per TechCabal, OPay was also fined N1 billion by the CBN for a similar issue in the second quarter (Q2) of 2024. While Moniepoint, Africa’s eighth unicorn, declined to comment on the claim while OPay denied it, saying it is false, according to TechCabal. TechCabal also said the CBN on the other hand did not immediately respond to a request for comments. OPay said, “We categorically refute the claims that OPay Digital Services was fined by the…

Every December, we mark three international observances that are at the heart of the U.S.-Nigeria partnership: World AIDS Day, International Anti-Corruption Day, and Human Rights Day. While distinct, these commemorations underscore a simple truth – Nigeria’s path forward requires progress on health, good governance, and human rights. The United States remains your steadfast partner on this journey. For two decades, the United States has stood with Nigeria in the fight against HIV/AIDS under the President’s Emergency Plan for AIDS Relief (PEPFAR).  The U.S. government has invested more than $8.3 billion in Nigeria’s health sector and provided life-saving anti-retroviral treatment to…

Nollywood actress and filmmaker Ruth Kadiri has faulted movie producers who set unrealistic standards for success on YouTube. She firmly stated that any producer demanding one million views on a movie’s first day of upload has already failed.Kadiri, known for her outspoken nature, urged actors to reject this unnecessary pressure. She emphasized that achieving such high view counts is not the only measure of a movie’s success.According to her, a film’s quality depends on much more than the lead actor’s popularity or face.Kadiri reminded her colleagues that a well-produced movie requires more than just a famous face to sell. The…

The General Overseer of The Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has highlighted the importance of focus and fervent prayers during the 27th Holy Ghost Congress of the RCCG, themed “Onward Christian Soldiers.” The event, which began on Monday night at the Redemption Camp, witnessed an impressive turnout of worshippers. In his welcome address, Adeboye urged participants to pay close attention to every message and to pray like never before, emphasizing that the Congress would propel them forward spiritually, physically, emotionally, and materially. Reflecting on the challenges faced in 2024, Adeboye expressed gratitude for God’s preservation and…

Edo State Governor, Senator Monday Okpebholo, officially launched the construction of the 4.7km Utteh Palace Road in Benin on Monday evening, fulfilling a key campaign promise to the residents of the area. The road project, located in the Edo South Senatorial District, aims to enhance infrastructure and improve accessibility within the region. Governor Okpebholo expressed his commitment to the “Renewed Hope” agenda of President Bola Ahmed Tinubu, highlighting the significance of the road in connecting Ikpoba-Okha and Uhunmwonde Local Government Areas. He emphasised that the road would not only improve accessibility but also stimulate economic activities and boost the local…

Former President Olusegun Obasanjo has raised alarms over Nigeria’s escalating debt profile, describing it as a heavy burden that will affect both present and future generations. Speaking during a Zoom interactive program called “Boiling Point Arena” on Sunday, Obasanjo expressed deep concern about the nation’s rising debt, which has surged by N12.6 trillion in just three months, reaching a total of N134.3 trillion ($91.3 billion) by the end of the second quarter of 2024. This marks a 10.35% increase from the N121.7 trillion recorded in the first quarter of the year. Reflecting on his time in office, Obasanjo recalled securing…

The candidate of the Peoples Democratic Party (PDP) in the November 16 governorship election in Ondo State, Mr. Agboola Ajayi, has officially filed a petition at the Ondo State Election Petition Tribunal, challenging the victory of Governor Lucky Aiyedatiwa. This legal move comes 24 days after the election results were declared. The Independent National Electoral Commission (INEC) had announced Aiyedatiwa of the All Progressives Congress (APC) as the winner, with a total of 366,781 votes, defeating Ajayi, who garnered 117,845 votes. Speaking to journalists at the PDP Secretariat in Akure, Ajayi revealed that his legal team had lodged the petition…

The 16th Emir of Kano, Muhammadu Sanusi II, has issued a stern warning to traditional titleholders in his domain, threatening to strip them of their titles if they are found guilty of beating their wives. The Emir made the statement on Monday during the opening of the 2024 National Dialogue on the Role of Islamic Opinion Leaders in the Prevention of Gender-Based Violence in Northern Nigeria, held at Bayero University Kano. Sanusi also called for the urgent review of Section 55 of Nigeria’s Penal Code, which permits husbands to “correct” their wives in a manner deemed lawful, as long as…

Lagos State Governor, Babajide Sanwo-Olu, on Monday, unveiled two major infrastructure projects aimed at improving connectivity and quality of life for residents. The projects, located in Ifako-Ijaiye Local Government Area, include the Abiola-Onijemo Link Road with an accompanying bridge and the Alapere Pedestrian Bridge. The Abiola-Onijemo Link Road with bridge is designed to connect the Abiola/Ajayi/Ogba and Obawole/Iju-Ishaga communities, which have long been separated by a 25-meter swamp belt. This vital infrastructure project covers a total length of 643 meters, including a 135-meter reinforced concrete bridge with retaining walls. The road features 7.3-meter-wide carriageways, slip roads, walkways, and solar-powered street…

Nigeria has emerged as the fourth-highest country of origin for service members granted U.S. citizenship through military naturalization between 2020 and 2024, according to data from the U.S. Citizenship and Immigration Services (USCIS). Between 2020 and 2024, the United States naturalized over 52,000 military service members from various countries. Among them, 3,270 Nigerian-born service members were granted U.S. citizenship, placing Nigeria behind the Philippines (5,630), Jamaica (5,420), and Mexico (3,670). The top five countries—Philippines, Jamaica, Mexico, Nigeria, and Ghana—accounted for over 38% of all military naturalizations during this period. The next five countries—Haiti, China, Cameroon, Vietnam, and South Korea—made up…