A young man identified as Onoh Chukwuma Richard reportedly took his own life in Abia state on Tuesday by consuming insecticide for allegedly losing N2.5m to betting over the weekend.

Read full article at:
https://investogist.com/man-allegedly-commits-suicide-after-losing-n2-5m-to-betting/

A ban has been placed on the use of ‘Ghana Must Go’ bags by passengers at all airports in the country by the Federal Airports Authority of Nigeria (FAAN).


Read full article at:
https://investogist.com/ghana-must-go-bags-banned-at-airports-faan/

Germany is facing labour shortage challenges as the country has about 1.98 million job vacancies, according to the Institute for Employment Research.

Despite the changes, the nation is still struggling to meet its skilled labour demand in specific fields.

Read full article at:
https://investogist.com/top-jobs-for-german-work-visa/

A 33 year-old Nigerian woman and her infant child has died after they fell from a building in the Kingdom of Bahrain. A report on X (formerly Twitter) on Monday stated the incident occurred in Seef District area of the Island Kingdom.


Read full article at: https://investogist.com/nigerian-lady-falls-to-death-with-infant-child-in-bahrain/

The Directors of United Bank for Africa Plc (NGX: UBA), pursuant to the powers vested in it by the provisions of Section 379 of the Companies and Allied Matters Act (CAMA) of Nigeria, has proposed an interim dividend of N0.50 per share (30 June 2022: N0.20 per share) from the retained earnings account as at 30 June 2023.


Read full article at:
https://investogist.com/uba-plc-to-pay-50-kobo-interim-dividend-for-half-year-2023/

The United Arab Emirates (UAE) has lifted the visa ban it placed on Nigerian travellers.

This was disclosed by Ajuri Ngelale, Special Adviser to the President on Media & Publicity in a press release on Monday


Read full article at:
https://investogist.com/breaking-uae-lifts-visa-ban-on-nigerians-emirates-etihad-to-resume-flights/#google_vignette

The Presidential Election Petitions Tribunal has said that the Federal Capital Territory (FCT) has no special status over other 36 states of the federation over the 25% required votes in the presidential election held on February 25.


Read full article at:
https://investogist.com/25-votes-abuja-has-no-special-status-over-other-states-tribunal-rules/

The Presidential Election Petitions Tribunal (PEPT) has ruled that the Labour Party, LP’s presidential candidate Peter Obi failed to identify polling units with irregularities during the presidential election in February 2023, saying that the petition of election malpractie was generic.


Read full article at: https://investogist.com/tribunal-rules-that-lp-obi-failed-to-prove-claims-of-election-irregularities/

Soldiers appeared on Gabonese national television to say they have seized power in Gabon.

This comes shortly after the national election authority’s announcement on Wednesday that Gabon’s President Ali Bongo Ondimba had been re-elected for a third term.

Read full article at:
https://investogist.com/just-in-soldiers-announce-military-coup-in-gabon-after-bongos-re-election/

The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs) to include Naira as a payout option for diaspora remittances.


Read full article at:
https://investogist.com/cbn-includes-naira-as-payout-option-for-diaspora-remittance/

"The findings from this rigorous investigation have now confirmed that Miss Joy Mmesoma Ejikeme did manipulate her UTME results. This conclusion is deeply disappointing and stands in direct contravention of the values we hold dear at Innoson Vehicles, particularly those that underscore our scholarship program."


Read full article at:
https://investogist.com/full-text-innoson-vehicles-withdraws-scholarship-from-ejikeme-mmesoma/

President Bola Tinubu has signed four executive orders, including the suspension Green Tax by way of Excise Tax on Single Use Plastics as well the 5% excise tax on telecommunication services


Read full article at:
https://investogist.com/tinubu-suspends-5-telecom-tax-green-tax-import-tax-on-vehicles-others/

The Joint Admissions and Matriculation Board (JAMB) has banned Ejikeme Joy Mmesome from writing its Unified Tertiary Matriculation Examination (UTME) for three years over alleged forgery of her 2023 result.

The board also withdrew Mmesoma’s 2023 result which has stirred controversy. JAMB in a statement Tuesday morning insisted that Mmesoma forged the result, stating that it had stopped issuing Notification of Result slips after the 2021 UTME due to falsification of results.

Mmesoma had in viral video on Monday, said she is “traumatized” by the allegation against her, maintaining that she printed her results from JAMB portal.

In its statement on Tuesday, JAMB stated that “its system was neither tampered with nor compromised as the candidate simply falsified a copy of a result slip of a candidate named ‘Asimiyu Mariam Omobolanle,’ who sat the UTME in 2021 and scored 138.”

Read full statement: https://investogist.com/jamb-bans-ejikeme-mmesoma-from-writing-utme-for-3-years-withdraws-her-2023-result/

The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria has published July 2023 FGN Savings Bond offer for subscriptions for 2-year and 3-year tenor as interest rates continue to decline.


Read full article at:
https://investogist.com/fgn-savings-bond-for-july-opens-for-subscription/

Fantasy Premier League has revealed the price of the first 20 players, as the world gears up for the return of Premier League.

According to the prices revealed on Monday, Erling Haaland rose by £2.5 million to £14.0 million while Mohamed Salah dropped by half a million to £12.5 million.

Haaland is the second player to be placed at the £14.0 million price since the days of Robin van Persie.

View full list: https://investogist.com/fpl-reveals-price-of-first-20-players-for-the-2023-24-season/

Mr. Herbert Wigwe, the Group Chief Executive Officer of Access Holdings Plc (NGX: ACCESSCORP) spent N1.57 billion in the month of June acquiring shares of the company.


Read full article at:
https://investogist.com/herbert-wigwe-spent-n1-57-billion-acquiring-access-holdings-shares-in-june/

The police officers who ran over a handcuffed man in Ekpoma, a town in Esan West Local Government Area of Edo State have been arrested.


Read full article at:
https://investogist.com/police-officers-who-ran-over-handcuffed-man-in-ekpoma-arrested/

The Federal Government of Nigeria will no longer be funding professional bodies and councils, in line with the decision of the Presidential Committee on Salaries (PCS).

Funding would be stopped for at least 30 of the professional bodies and councils by December 2024 whilst budgetary allocations would be stopped for other bodies by December 2026.

Those whose funding would be stopped by December 2024

1. Nigerian Press Council

2. Advertising Regulatory Council Of Nigeria (ARCON)

3. Veterinary Council Of Nigeria

4. Nigerian Institute Of Soil Science (NISS) Hqtrs

Continue reading on our website to see the full list.

https://investogist.com/federal-government-to-stop-funding-professional-bodies-councils-full-list/

The US Supreme Court on Thursday struck down affirmative action in college admissions, declaring that race cannot be a factor for admission as it violates the 14th Amendment’s Equal Protection Clause. and forcing institutions of higher education to look for new ways to achieve diverse student bodies.


Read full article at:
https://investogist.com/us-supreme-court-outlaws-affirmative-action-in-university-admission-says-race-cant-be-used-as-a-factor/

Nollywood actor, Jerry Williams has been suspended by the Actors Guild of Nigeria over his involvement in illicit substances.


Read full article at:
https://investogist.com/actors-guild-of-nigeria-suspends-jerry-williams-over-drug-abuse/

The National Agency for Food and Drug Administration and Control (NAFDAC) has notified the public of a batch of unwholesome Sprite 50cl glass bottles circulating in Nigeria produced by Nigerian Bottling Company Limited (Abuja plant).


Read full article at:
https://investogist.com/nafdac-alerts-nigerians-over-contaminated-soft-drink-bottles/

Everyone in South Korea is about to become younger after the government passed a new law that will change how a person’s age is calculated.


Read full article at:
https://investogist.com/south-korea-passes-law-making-all-its-citizens-younger/

German parliament on Friday approved a new immigration law that would attract more skilled workers to Europe’s biggest economy and help address labor shortages in a growing number of professions.

Experts say the country needs about 400,000 skilled immigrants each year as its aging workforce shrinks.

The new law will loosen Germany’s Bureaucracy, introduce points-based immigration system and make the country more welcoming to foreigners.

It will relax the requirements for obtaining EU Blue Card.


Read full article at: https://investogist.com/key-things-to-know-about-germanys-new-immigration-law/

Yevgeny Prigozhin has announced that the Wagner Group will halt its troops’ advance on Moscow and return to field camps.


Read full article at:
https://investogist.com/breaking-wagner-to-halt-advance-on-moscow-to-return-troops-to-field-camps/

The story is real. You can search in Google to verify from other news agencies. We don't carry fake news.

kaludestiny10:
That is a good one if the story is real.

Germany’s parliament has approved a new immigration law that would attract more skilled workers to Europe’s biggest economy and help address labor shortages in a growing number of professions.


Read full article at:
https://investogist.com/just-in-germany-approves-new-immigration-law-to-attract-skilled-foreign-workers/

"We have followed with consternation the viral story of the purported 114% increase in the salary of the President, Vice President, elected Federal and State political office holders and judicial officers."


Read full article at: https://investogist.com/no-presidential-approval-for-salary-increase-for-political-office-holders-and-judicial-officers-fg/

“1% devaluation in the Nigerian naira would have a negative impact of $22m on revenues, $12m on EBITDA and $7m on finance costs (excluding derivatives) on a 12- month basis.”


Read full article at https://investogist.com/naira-devaluation-will-negatively-impact-our-revenue-airtel-africa/

President Bola Tinubu has appointment eight Special Advisers.

The appointments are with immediate effect, according to a statement issued by the State House Director Information, Abiodun Oladunjoye.



Read full article at: https://investogist.com/tinubu-appoints-8-special-advisers-full-list/

Nigerian naira slumped at the Investors & Exporters (I&E) Window on Wednesday, losing 40.09% of its value to close the day at N664.04 per US dollar.


Read full article at:
https://investogist.com/naira-slumps-over-40-against-dollar-at-the-official-market-ie-window/

Presidential Election Petitions Tribunal has released the weekly report of the suits challenging the declaring of Bola Tinubu of the ruling APC as the winner of the 2023 presidential election by the Independent National Electoral Commission.


Read full article at:
https://investogist.com/tribunal-releases-weekly-report-of-obi-lp-atiku-pdp-suit-against-tinubu/

On Friday, 9th June, President Bola Tinubu signed the electricity act 2023 into law, paving the way for States, companies and individuals to generate, transmit and distribute electricity.


Read full article at:
https://investogist.com/tinubu-signs-electricity-act-of-2023-states-to-generate-transmit-and-distribute-electricity/