Nairabreed /Your N0 1 information Hub

FG To Create Mass Vaccination Sites In Universities, Churches, Others

Olufemi David OLUFEMI DAVID - Friday, October 15, 2021

The Federal Government on Thursday announced its plans to create mass vaccination sites in higher institutions of learning and religious centres.

The Executive Director of the National Primary Healthcare Development Agency, Faisal Shuaib, disclosed this during a press briefing in Abuja.

According to Shuaib, the latest decision of the Federal Government to create the vaccination sites was due to the need to fast track vaccination in the country.

He said:-

“We have made plans to create mass vaccination sites and such sites include higher institutions like Universities, Polytechnics and also religious centres like churches. We will be putting structures in place to achieve this.”

NYIF, 10,000 Youth Shortlisted, Await Training And Disbursement.

Olufemi David OLUFEMI DAVID - Wednesday, October 13, 2021

After the initial Pilot Phase of the NYIF which saw 5,285 beneficiaries, another 10, 000 youth have been shortlisted for training after which they will be approved for funds disbursement under the NYIF.

The Ministry of Youth and Sports Development stated that out of the ongoing screening of over 3 million applicants for the NYIF loan, 10,000 have been shortlisted for training by the Ministry after which they will be approved for specific amounts.

2. With the successful completion of this pilot phase NIRSAL has cleared names of another 10,000 for training and subsequent loan approval and disbursement. Loans are in the range of 250k to 3million naira for now.

These names are available on the FMYSD website and NOYA website. Checks done include Age, BVN whether or not the individual has an existing government loan or received covid 19 business payments .

3. All approved applicants will undergo training to ensure efficient use of the loan therefore increasing the yield and growth the loan can deliver to the intended business owner.

4. NYIF is initiative by the Federal government to invest in the innovation skills and enterprise of young Nigerians. The loan has a single digit APR at 5% and a moratorium of 12 months before repayment. Nigeria Youth Investment Fund was approved by Federal Executive Council in July 2020.

Train corp members to fight Boko Haram – Governor Fayemi to FG

Olufemi David OLUFEMI DAVID - Wednesday, October 13, 2021

Governor Kayode Fayemi of Ekiti State, has said the security situation in the country requires concerted effort to address it.

Fayemi while speaking at an event in Ibadan said the security situation in the country didn’t warrant politics of blame, NAN reports.

According to the Chairman, Nigerian Governor’s Forum (NGF), one way to bring the current wave of insecurity to a halt is to recruit a large number of people to join the police and the military..

He pointed out that one of the cheapest and fastest ways to handle this was to amend the law setting up the Nation Youths Service Corps (NYSC) such that the existing orientation camps can be used to train willing and able graduates to join the fight against insurgency under a special arrangement that will be worked out.

He said corp members who cannot join the military services can serve in their community without pay.

Fayemi said; “By available statistics, we need minimum of 200,000 personnel to boost the fighting power of our men.

“This number is very large and a potential financial and logistic nightmare, yet we cannot delay any further.

“The ungoverned spaces needed to be closed up quickly by motivated men with the singular objective to save the nation. That takes us to the number two issue of financing and arming large recruitment.

“With this, we can use the existing orientation camps to train willing and able graduates to reflate the security personnel under a special arrangement that will be worked out.

“That way, the fund that is currently deployed to the NYSC can be used with just some additional funding, which could be sourced through a national emergency fund for the next five to 10 years.

“Those who cannot join the military services can serve in their community without pay, if we must still retain the NYSC for everyone.

“To incentivize those who may volunteer to serve, they will have a separate certificate and medal of honour in addition to having priority for military, paramilitary and civil or public service recruitment after service.

“We also need to encourage investment in the real sectors that can engage people and reduce unemployment, which is a major source of insecurity,” the NGF chairman added.

Bitcoin, Ether, Other Cryptocurrencies Fall as China’s Crypto Ban Shakes Market

Olufemi David OLUFEMI DAVID - Friday, October 01, 2021

Cryptocurrency market is witnessing major upheaval following China's blanket ban on cryptocurrencies, which was announced last week. Bitcoin opened at Rs. 33,52,013 (roughly $45,185) on Wednesday, September 29. The world's most-valued cryptocurrency witnessed a marginal dip of 0.78 percent making it the second day in a row to have dropped in exchange value. A day ago, Bitcoin had slumped by 2.96 percent. Analysts from exchange platform CoinDCX believe that the Chinese government's crypto restrictions have resulted in a sell-off with only a little long-term impact on Bitcoin price, which has often been seen to recover following an initial dip.

The day began on a rough note for the world's second most-valued cryptocurrency Ether as well. The Ethereum blockchain-based cryptocurrency fell in price by 1.39 percent. Presently, Ether is trading at Rs. 2,31,183 (roughly $3,116). On September 29, Ether had registered a significant drop of 5.93 percent, as per the Gadgets 360 crypto-price tracker.

Similarly, other popular cryptocurrencies like Dogecoin, Cardano, and Litecoin have also witnessed marginal slips in exchange values.

"The past 24 hours witnessed the bears dominating the cryptocurrency market. The two largest cryptocurrencies, Bitcoin and Ether, were massively sold off. The fear and greed index points to a score of 25 indicating the presence of fear across the crypto market," Edul Patel, CEO and co-founder of crypto-investment platform of Mudrex

Given the market instability, only a handful of popular cryptocurrencies registered a rise in their exchange values today.

Uniswap and Bitcoin SV are among the few cryptocurrencies that did witness a price hike, but only marginally.

Credit : Gadget 360

e-Naira- What makes eNaira different from money in your bank account

Olufemi David OLUFEMI DAVID - Tuesday, September 28, 2021

The Central Bank of Nigeria’s eNaira website has gone live ahead of the October 1 official launch.

According to the website, www.enaira.com, “eNaira is a CB -issued digital currency that provides a unique form of money denominated in Naira.”

Find out what makes the eNaira different from the money in your bank account — according to the apex bank itself.

What is eNaira?

eNaira is a central bank digital currency (CBDC) issued by the Central Bank of Nigeria as a legal tender. It is the digital form of the Naira and will be used just like cash.

What is an eNaira wallet?

The eNaira wallet is a digital storage that holds the eNaira. It is held and managed on a distributed ledger.

The eNaira wallet is required to access, hold and use eNaira.

Is eNaira wallet safe?

Yes. The eNaira system uses a two-factor authentication system in addition to cryptographic encryption to ensure the safety of customers’ wallets and the eNaira holding.

How are eNaira wallets created?

For smartphone users, download the eNaira app (termed “Speed”) from either the Google Play Store or Apple Store and complete the registration process.

For feature phone users, utilize USSD codes and follow the registration prompts.

How do I connect my eNaira wallet to my bank account?

The eNaira app allows customers to identify a bank of their choice, connect to their bank accounts and perform transactions.

What makes eNaira different from the money in my bank account?

eNaira is the digital form of the cash and is a direct liability on the Central Bank of Nigeria while the customer deposits are direct liabilities on the financial institutions.

How do I resolve failed transactions or raise enquiries on eNaira?

Reach out to the customer support of the bank you selected when registering for eNaira through their available channels which include: phone, email, whatsapp, etc. Disputes will be resolved as soon as possible.

If issues are not resolved within 48 hours, send an email to CBN’s eNaira Customer Support via helpdesk@enaira.com

What are the different tiers of eNaira wallets that I can open as an individual?

These are different tiers of wallets and they include:

Popular Television Game Show ‘Who Wants To Be A Millionaire’ Is Back [DETAILS]

Olufemi David OLUFEMI DAVID - Saturday, September 25, 2021

The widely celebrated and highly acclaimed TV game show that keeps Nigerian families glued to their seats,“WHO WANTS TO BE A MILLIONAIRE?” (WWTBAM), is back, bigger and better, with contestants now standing a chance to duel it out for a fantastic grand prize of #20 million every week, all year long.

The number one educational Nigerian show, hosted by Frank Edoho aired on NTA before it was temporarily suspended

The show is based on the original British version, known casually as “Millionaire” and popularly called “WWTBAM” in the literature space, aired for over 13 years from October 8, 2004, until June 25, 2017, when it was temporarily canned.

In the thirteen memorable years of gracing our screens, the show which enthralled TV audiences far and wide with its exciting and educating editions, boasted of formidable participants, a deep wealth of knowledge and one worthy winner of the staggering prize money of N10 million in the person of Aroma Ufodike who became the first winner of the much-coveted top prize of this stupendous game show.

Speaking on the return of the show, Hakeem Condotti, CEO of BLK HUT Media, the Licensee and production house stated:

As a company, our desire is to continuously deliver creative, intelligent and professional content to the market for the people and partner brands; and in the production of a brand with WWTBAM stature, we are able to show our range and capacity to this effect.

We are proud to be bringing international quality content right to our screens again in Nigeria, be it on TV, Digital, Cable, or Mobile. As part of the much-needed COVID relief that we all need as a nation, WWTBAM is back to entertain, educate and once again, have viewers on the edge of their seats and creating millionaires every week.”

The date of the latest edition is yet to be announced and it is not yet clear if Frank Edoho, TV personality, will return as host of the show.

7 Things You Should Know About Nigeria's Digital Currency, 'e-Naira'

Olufemi David OLUFEMI DAVID - Wednesday, September 22, 2021

The Central Bank of Nigeria is set to unveil a digital currency dubbed the ‘e-Naira’ by October 2021.

According to CBN, the e-Naira is a legal tender equal to the value of the naira and thus must be accepted as a form of payment by all merchants and business outlets in the country.

Below are seven things you should know about the e-Naira:

1. The e-Naira is a currency that only exists in an electronic form.

2. The liability of the e-Naira money is directly borne by the CBN, the same way the liability of the physical naira rests on the central banker.

3. From October 1st, 2021, when the currency goes into effect, Nigerians can open e-wallets on their phones.

4. One of the benefits of digital currency is that it would reduce the cost of minting the physical naira and kobo.

5. The CBN Director, Payment System Management, Mr. Musa Jimoh added that charges of transferring funds would be lower for those using the e-naira.

6. Based on a CBN presentation on eNaira, banks will be responsible for promoting and marketing the centrally issued digital currency as a cash alternative to existing and potential customers in support of its goal for financial inclusion.

7. The eNaira’s, system will be subjected to comprehensive security checks, and all data and personally identifiable information will be kept off the ledger and not be stored on the ledger.

Armed Robbers Stole Igboho Supporters’ Case File From Our Custody -DSS

Olufemi David OLUFEMI DAVID - Wednesday, September 08, 2021

Armed Robbers Stole Igboho Supporters’ Case File From Our Custody -DSS

The State Security Service on Wednesday told the Abuja Division of the Federal High Court that armed robbers have carted away the case file of Sunday Igboho’s supporters who have been in custody since the brutal invasion of their residence in Ibadan weeks ago.

A lawyer representing the SSS told Justice Obiora Egwuatu that the incident came when armed robbers operating a one-chance cartel stole attacked an official in charge of the documents.

He did not immediately say whether the incident occurred in Abuja or other parts of the country.

The lawyer said the matter should be adjourned, but the court has yet to accede to the request as of the time of filing this report.

Labels : NEWS