Business
NIN: FG suspends NIMC workers accused of extortion
The Federal Government has suspended workers of the National Identity Management Commission found to have been involved in extortion at its enrolment centres.
The NIMC on Sunday said the directive came on the heels of public outcry that some personnel of the commission, particularly at enrolment centres in Bauchi and Kaduna were capitalising on the rush for National Identification Number by the public to perpetuate fraudulent activities.
Minister of Communications and Digital Economy, Isa Pantami, reportedly ordered the immediate suspension of the workers allegedly involved in extortion of applicants at the NIMC Bauchi and Kaduna offices.
Spokesperson for the commission, Kayode Adegoke, said in a statement issued in Abuja that the act was inimical to the policy directive of the Federal Government, which required mobile network subscribers to update their Subscriber Identification Module registration with a valid NIN.
Pantami restated his zero tolerance stance to extortion, bribery and corruption, the statement added.
He said such unethical practices if allowed to continue could derail the SIM-NIN integration project.
The minister said enrolment for NIN was free of charge, adding that on no account should anyone pay to obtain an enrolment form or to have their biometrics captured.
“All personnel involved in the enrolment and NIN issuance exercise must carry out their respective duties professionally, fairly and with integrity,” the statement stated.
It added, “We wish to call on the general public to assist us in putting our commitments into action by sending proof of any nefarious activity within and around our enrolment centres.”
Business
NNPCL says Port Harcourt refinery products only for its outlets
NNPCL says Port Harcourt refinery products only for its outlets
The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has revealed that products from the Port Harcourt Refinery Company (PHRC) are currently designated exclusively for NNPCL retail outlets. Speaking on Wednesday, November 27,
Soneye clarified that the refinery has not yet begun bulk sales of its products and that its purchase portal is still inactive.
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He further explained that NNPCL continues to market products sourced from the Dangote Refinery and Petrochemicals, which also include Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fees. “We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalizing the necessary processes,” Soneye said.
“At present, the products we are selling are what we bought from the Dangote Refinery, which includes NMDPRA fees. The product from Port Harcourt is currently for our retail stores. Our prices are regularly reviewed and adjusted as required,” he added.
NNPCL says Port Harcourt refinery products only for its outlets
Business
Tron Founder joins Trump-backed crypto project, invests $30m
Tron Founder joins Trump-backed crypto project, invests $30m
Justin Sun, the founder of the Tron Blockchain has joined the World Liberty Financial project as an advisor after investing $30 million into the project.
The World Liberty Financial project is backed by the Donald Trump family and aims to become a leading crypto project in the global crypto space.
Justin Sun joined the project as an advisor after purchasing $30 million worth of WLFI tokens making him the largest shareholder in the project.
The development was announced via the official X page of the World Liberty Financial project welcoming the Crypto founder to the project.
“Exciting Announcement!
We’re honored to welcome @justinsuntron as an advisor to World Liberty Financial (WLFI)! Justin is the founder of @TRONDAO an advisor to @HTX_Global, and a supporter of @BitTorrent
. A graduate of the University of Pennsylvania, he recently won Sotheby’s auction for the iconic banana artwork.
#TRON is among the world’s top 10 cryptocurrencies and one of the largest public blockchains. Justin’s insights and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!” WLFI tweeted
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Justin Sun’s $30 million investment in the project boosted the sales traffic of its native token raising it from $21 million to $53 million.
The increased inflow of capital into the project better positions the project to achieve its goals which include a stablecoin-focused credit card and infrastructure enhancement.
Justin Sun brings onboard his wealth of experience as the founder of one of the Top 10 blockchains in the industry by market cap and his advisory role at HTX and BitTorrent.
Sun’s previous track record of bold investments and innovation is expected to be a huge boost to the WLFI project.
The WLFI gig is another feather to the hat of Justin Sun as he expands his activities in the crypto space. The Tron founder recently purchased a 6.3 million NFT art in a bid to revive a stagnant sector.
The World Liberty Financial project is backed by Donald Trump’s family and it looks to promote the mass adoption of Defi and stablecoins. This project aligns with the Donald Trump pro-crypto mantra and has all the credibility a project of that status needs.
Tron Founder joins Trump-backed crypto project, invests $30m
Auto
Toyota By CFAO showcases latest Land Cruiser Prado, others at P’Harcourt Open Day
Toyota By CFAO showcases latest Land Cruiser Prado, others at P’Harcourt Open Day
Toyota By CFAO, the authorized distributor of Toyota vehicles in Nigeria, has commenced a three-day special display of the latest new Toyota models from the company at an Open Day organised in Port Harcourt, Rivers State, for residents of the city and its surrounding areas.
The Toyota By CFAO Open Day holds from Tuesday, November 26 to Thursday, November 28, 2024, according to a statement by the company.
The event running from 9am to 5pm each day is taking place at the auto company’s showroom located at 184B, Trans-Amadi Industrial Layout, Port Harcourt.
It discloses that the exciting event will feature the highly anticipated 2024 Toyota Land Cruiser Prado, one of Toyota’s flagship models, alongside a range of other exceptional vehicles tailored for the Nigerian market.
This, it notes, is an exclusive opportunity for attendees to explore the latest in automotive excellence, discover new vehicle options, and benefit from Toyota By CFAO’s End of Year Bonanza.
General Manager of CFAO Mobility Port Harcourt, Julius Fasetire, encourages all residents to “come witness history in motion as we proudly unveil the All-New 2024 Toyota Land Cruiser Prado.
“Be among the first to explore this remarkable masterpiece and discover our full range of Toyota vehicles. Don’t miss out on the chance to experience automotive excellence and enjoy a free diagnostic check for your Toyota vehicle!”
The 2024 Toyota Land Cruiser Prado has already generated excitement across the country, following its recent unveilings in Lagos and Abuja.
The product is quickly becoming one of the most sought-after sports utility vehicles in Nigeria, appealing to both corporate and individual buyers.
With over 11.3 million units sold globally in more than 170 countries, the Land Cruiser Prado is renowned for its rugged off-road capabilities and comfort for everyday driving.
The firm says this year’s model comes in two distinctive editions – the Limited Edition (First Edition) and the Adventure Edition – both equipped with a 2.4L turbocharged gasoline engine and an 8-speed automatic transmission, ensuring superior performance both on and off the road.
Toyota By CFAO also says it ensures that genuine parts and a comprehensive 3-year/100,000 kilometre warranty are available for all customers.
In addition to the Land Cruiser Prado, the event will showcase a variety of other popular Toyota models including the Belta, Rumion, RAV4, Camry, and Hiace.
The Open Day, it stresses, promises to be a must-attend event for anyone interested in exploring the world of Toyota vehicles, from luxury to practicality, and experiencing firsthand the future of automotive technology.
The company says more details about the rich offering of Toyota in the Nigeria market can be obtained from https://www.toyotabycfao.ng/.
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