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Wednesday, 29 August 2018

InterswitchSPAK: Students To Benefit From N12.5m Interswitch Scholarship - Education

In a bid to increase interest in the study of science, technology, engineering and mathematics (STM), e-commerce and digital payment company, Interswitch, has concluded plans to host its maiden edition of InterswitchSPAK project with about N12.5million-scholarship amongst other prizes.

Group Managing Director, GMD, Interswitch, Mitchell Elegbe, said: “The project is a real experiential window for students, where they will not only meet successful people who are providing solutions, but will also be motivated and prepared to develop the right mind-set and attitude for leadership. “

The GMD added that the Masterclass will feature three 45-minute sessions where qualified students who emerged from the qualifying examinations will be intellectually motivated by high-profile speakers led by GMD, Interswitch Group, Mr. Mitchell Elegbe; CEO, Stanbic IBTC Holdings Ltd, Mr. Yinka Sanni; MD, Endeavour Nigeria, Eloho Omame among others.

After the Masterclass, the TV quiz show will commence with the InterswitchSPAK Innovation Challenge, a two-day intensive boot camp, where the 81 finalists, working in groups, will have the opportunity to brainstorm with their peers to proffer solutions to various issues affecting society. The group with the most innovative and viable solution will be presented with the InterswitchSPAK 1.0 Founders Prize for Innovation.

http://www.nairafame.com/2018/08/nigerian-students-to-benefit-from-n125m.html
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White Lady Dancing With A Nigerian Man Runs When She Learnt He's Nigerian - Romance -

A white lady ran away after a Nigerian man she was dancing with at "Notting hill carnival" whispered to her "I'm Gonna Take You To Nigeria", The White Lady Replied "You Are A Nigerian?" Then She Flee.

Video

Source:
http://nairaplus.com/2018/08/white-lady-ran-away-after-a-nigerian-man-said-he-will-take-her-to-nigeria-video/




2atch The Full Video HERE

Tuesday, 28 August 2018

How Was "Naira" Coined? Obafemi Awolowo Coined The Currency Name, Naira, In 1973 - Business -

How the term “Naira” became Nigeria’s official currency – The term Naira was coined by Chief Obafemi Awolowo when he was the Federal Commissioner for Finance between 1967 and 1971.

Naira is the official currency of Nigeria. We use Naira every day to do almost everything but a lot of people don’t seem to know much about it.

If you have ever wondered how this term became the system of money that became generally accepted in Nigeria and when we started using it, then this piece is written to tell you something about the currency you spend every day.

On Monday, January 1, 1973, the Federal Government of Nigeria introduced a new money system.

Before then, the official currency was the Nigerian Pounds which was introduced in 1907 while the minor unit of the currency was Shillings.



According to the Central Bank of Nigeria, the decision to change to decimal currency followed the recommendations of the Decimal Currency Committee set up in 1962 which submitted its report in 1964.

Chief Obafemi Awolowo coined the currency name- Naira in 1973 (Nigeria Monitor)
Meanwhile, prior to the introduction of the new currency in 1973, Chief Obafemi Awolowo was the Federal Commissioner for Finance between 1967 and 1971.

And as the Finance Minister, Awolowo took it upon himself to come up with a new name for the new currency as the then Head of State, General Yakubu Gowon had reportedly announced in March 1971, that Nigeria would change to decimal currency on January 1, 1973.

When asked how Awolowo arrived at the term NAIRA, his daughter, Tokunbo Awolowo in an interview with the Punch said her father collapsed the name of the country and arrive at the term Naira.

”He just took the name of Nigeria and collapsed it to Naira. That’s what he told us and that was how he arrived at the name ‘Naira’ and that was when he was the Federal Commissioner for Finance” she said.

The N100 denomination was introduced in December 1999 bearing the portrait of Chief of Obafemi Awolowo.

However, as of 1973, one Naira was the major currency unit in the country.

Four years after the introduction of Naira, a new banknote denomination of the value of 20 Naira was issued on Friday, February 11, 1977, and as a result, N20 became the first Nigerian currency bearing the portrait of a Nigerian citizen, General Murtala Ramat Muhammad.

Interestingly, 26 years after Naira became the official currency of the Federal Republic of Nigeria, another denomination of the value of N100 was introduced with the portrait of Chief Obafemi Awolowo precisely in December 1999.

And in a bid to facilitate an efficient payment system, the Central Bank of Nigeria introduced N200, N500 and N1000 notes in November 2000, April 2001 and October 2005 respectively.
ource: https://www.financialwatchngr.com/2018/08/28/how-the-term-naira-became-nigerias-official-currency/
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Age: David Okorogheye Denied Admission From Studying Medicine For Being 15 Years - Education -

SHOCKER: Age Bars Whizkid With 9 A1s And 332 In UTME From Studying Medicine

When David Okorogheye of Starfield College, Fagba, Iju, Lagos was preparing for the May/June 2018 West African Senior School Certificate Examination (WASSCE) and the Unified Tertiary Matriculation Examination (UTME), there were high hopes that by October he would be in the university.

With the 2018 results of the May/June WASSCE and UTME out and his stellar performance, his classmates and school, parents as well as relations concluded he will secure automatic admission or be among the first on the merit list of the University of Lagos.

They were wrong. Despite his sterling performance in both examinations, the Delta State born lad was denied admission on account of his age. He is 15 years old and a candidate must be 16 years before he/she can be offered admission into UNILAG and some other universities in the country.

His classmates, teachers and family members have resigned to fate that in the 2018/2019 admission exercise, David will not participate due to age barrier. In fact, he was not part of applicants that wrote UNILAG post UTME test recently.

WASSCE AND UTME RESULTS

In the May/June 2018 WASSCE, Okorogheye with examination number 4251025056 obtained 9As: Civic Education A1, English Language A1, Further Mathematics A1, Mathematics A1, Biology A1, Chemistry A1, Physics A1, Computer Studies A1 and Catering Craft Practice A1.
In the 2018 UTME he scored 332: English Language, 67, Chemistry 91, Physics 89 and Biology 85.

[b]STAR AT SCHOOL GRADUATION[/
b]
He was the star attraction at his school valedictory service/graduation as he received standing ovation several times for his academic achievements. He emerged the best student for the 2017/2018 session and was bestowed with five awards.

When the Director of Studies, Mr. Chris Eigbe informed the gathering that David lost his dad at the age of eight and his education was sponsored by his aunties and uncles, guests could not but applaud his academic feat. His Mum was close to tears.

Sounding confident of his accomplishment, Director of Studies, Starfield College, Fagba, Iju, Mr. Eigbe said every year, the school has a project tagged Director’s Project, meant to produce students with 9As in the May/June WASSCE and also ensure they score above 300 in the UTME.

He said the academic project has yielded results, stating that in 2017 WASSCE, the college produced a student with 9A1s and for 2019 it has placed five students on academic diet to make 9As in the May/June WASSCE.

“Every year, we identify students and give them special attention and David was one of them. David belongs to the high-flying class. Students we put on special academic diet made 8As, 7As and 6As and Bs in the 2018 WASSCE. Our plan was to make ten 9As.

“When David was in SS2, we knew he will make 9A1s and we subjected him to high dose of studies. I have already known students that will make 9As in the May/June 2019 WASSCE. When school resumes, we shall focus on them.
“Four years ago, Amechi made 8A1s and I told my teachers to work towards 9As. If the environment is right and with good teachers, the students will make 9As.

“My target for 2019 is 5As. I have already identified the students. To achieve the target, the focus will be on teachers’ motivation. The college does not encourage exam malpractice. The school is trying to prove to the nation that if we invest in human resources, the sky will be our limit,’’ Mr. Eigbe noted.

Eigbe also showered encomium on Teniola Faith who made 8As and B3 as well as the head girl, Oruh Abigail who obtained 7As and 2Bs. She went home with best prefect, best in sports, lead choir singer and high academic performance awards.

The director of studies recalled that in May/June WASSCE 2011, 2012 and 2013, the college recorded 79 percent, 79 percent and 100 percent respectively.

Principal of the college, Mrs. S. Oyinloye, said it was team work that produced the excellent results.

AGE BARRIER AND ADMISSION

Mr. Eigbe who was not happy that David will miss out of the 2018/2019 admission exercise, pleaded that any 15-year-old secondary school graduate with outstanding result in the May/June 2018 WASSCE and the UTME should be considered for special admission.

“That is what is obtainable in the UK, USA, Germany, Israel, France and other developed countries. Nigeria universities should not be seen as the stumbling block to youths progress. I don’t like students being delayed for years. We must tap their potentials at a young age.

“I want government, individuals, lawmakers and even corporate bodies to award scholarship to David. Children who are brilliant should be given scholarship. Abigail should also be bestowed with scholarship.’’

REACTION OF STAKEHOLDERS TO DAVID’S PLIGHT

Vice Chancellor of First Technical University, Ibadan, Prof Ayobami Salami said the National Universities Commission (NUC) did not impose age requirement for admission, but that each university through the Senate makes such policies.

Contributing to the issue, former VC of UNILAG, Prof Oye Ibidapo-Obe, noted: “There is a regulation on minimum age for UNILAG admission. Ordinarily, there could be exceptions granted by the Senate of the university. The real issue is the ability of the student to cope with off-classroom/academic life.”
The Proprietor of Focus International School, Abeokuta, Chief Lanre Ogunjobi, pleaded with the Senate of UNILAG to grant David a waiver to enable him take up the admission but when reminded that the school had conducted its post UTME, he felt sad describing it as a missed opportunity.

Chief Ogunjobi, however, urged government to take interest in David’s case and monitor his progress and also appealed to Delta State governor, Ifeanyi Okowa to award the young lad a scholarship like Governor Kashima Shettima of Borno State did to Israel Zakari who made 9A1s and topped the 2018 UTME with 364.

DAVID MUM’S CONTRIBUTION

Mrs. Okorogheye described his son’s academic feat as God’s doing and lauded David’s uncles and aunties who helped fund his education after the death of his father. She said she noticed his academic prowess in primary school.

“I was happy when the school called to inform me that David made 9A1s in WASSCE. I thanked God for his performance. He was also outstanding during his primary school,” Mrs. Okorogheye pointed out.

She explained that despite his performance in WASSCE and UTME, his son cannot go to the university this academic session because of his age. The mother further revealed that she will enroll David for two years A level class.

DAVID SPEAKS ON HIS ACADEMIC FEAT


He said he studied hard and with help of his teachers and the director of studies, he made the marks in the May/June 2018 WASSCE and UTME.

On Medicine as choice of course of study, David said the decision was informed when at eight years, he watched how doctors battled to save the life of his dad.

“I was eight years old when my father died in the hospital. I was there and I saw how the doctors and nurses tried their best. From that moment I made a vow that I will read medicine to save peoples life.

“I chose UNILAG because it was closer home and also for my mum, aunties and uncles to monitor me. I want to specialize in Neurosurgery.”

David did not betray any emotion about his missing out in the 2018/2019 admission exercise on account of age but stressed that he has taken it in good faith. He insisted that he will put in Medicine after the advance level.

“I am a triangular student and a bookworm. My mum is a teacher and she instilled the reading habit in me. I appreciate my aunties and uncles who took over my education after the death of my dad. Abioye Okeoluwa from Osun State who made 9A1s in WASSCE motivated me,” he said.

The Director of Communications of the National Universities Commission (NUC), Ibrahim Yakassi did not pick calls but a senior staff of the regulatory body told The Education Report that it is responsibility of each university Senate to fix age limit and other criteria for admission.

“We don’t dabble into this issue. It is the university senate that decides age limit for admission. NUC is mainly concern with accreditation of courses, regulation of academic standard and monitoring of the universities,” she added.

Vietnam Sentences South African Man 'Hired By Nigerian' To Transport Cocaine - Crime -

A court in Vietnam's Ho Chi Minh City on Tuesday sentenced a South African man to death after finding him guilty of trafficking nearly 1.5 kilograms (3.3 pounds) of cocaine.
The Ho Chi Minh City Law newspaper said Coetzee Tyron Lee was convicted in a half-day trial.


It said Lee was arrested in June 2016 upon arriving at the city's Tan Son Nhat international airport after officials found the drug in his bag.
Lee told investigators that he was hired by a Nigerian man to transport the drug for $3,500 which would be paid after his arrival in Vietnam, it said.


Vietnam has some of the world's toughest drug laws. Trafficking 100 grams or more of heroin or cocaine is punishable by death.


More below:

https://zenithnaija.com/vietnam-sentences-south-african-man-hired-by-nigerian-to-transport-cocaine/
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Reality Star Cee C Shares New Photos - Celebrities

BBNaija reality star Cee C shared these new photos on her Twitter handle
She tweets ''Shine so brightly that others have no choice but to light up with you.. •• • Wishing my Spartans a blissful week! #kingceec #ceec #teamceec #fashion''

Sourcehttps://www.mediahelm.com.ng/2018/08/reality-star-cee-c-shares-new-photos.html
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Ijaw Man Catches Shark In A River, Poses With It As Villagers Look On. Photos

A man could hardly contain his happiness after catching and killing a shark in Bayelsa state. According to the Ijaw man, the sea animal was caught with a hook in Okpoama area of Brass local government area, Bayelsa State.

Overjoyed by his big kill, the man decided to take pictures with the dead animal as other people gathered at the river to see for themselves.

Last year, a sea animal was caught and butchered in Bayelsa state by villagers. The animal was found trapped in a vast woven fishing net owned by one Wilfred Okoko, along the Famgbe river, Yenagoa LGA, Bayelsa state.

It was killed and reportedly shared as food for all.

Source; https://www.nationalhelm.co/2018/08/man-catches-and-poses-with-manatee-in-bayelsa-state.html
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NBS: 1,331 Nigerians Die In Road Crashes In Q2 - Travel -

Not less than 1,331 Nigerians died in the road crashes in the second quarter of 2018, the News Agency of Nigeria (NAN) reports.

The figure was contained in the National Bureau of Statistics (NBS) “Road Transport Data (Q2 2018)’’ report released on Tuesday in Abuja.

The report said 1,257 of the 1,331 Nigerians that died, representing 94 per cent of the figure, were adults while the remaining 74 Nigerians, representing six per cent of the figure, were children.

“Also, 1,047 male Nigerians, representing 79 per cent, got killed in road crashes in the second quarter while 284 female Nigerians, representing 21 per cent got killed.

According to the report, a total of 8,437 Nigerians also got injured in road crashes within the period.


It said of the number, 7,946 Nigerians got injured, representing 94 per cent of the figure all adults while the remaining 491 Nigerians, representing six per cent of the figure were children.

It said: “6,415 male Nigerians, representing 76 per cent, got injured in road crashes in the second quarter while 2,022 female Nigerians, representing 24 per cent got injured.”

The report also said 2,608 road crashes occurred through speed violation in the second quarter of 2018, accounting for 50.65 per cent.

The report said tyre burst and dangerous driving followed closely, accounting for 8.59 per cent and 8.40 per cent of the total road crashes recorded.

http://www.akelicious.net/2018/08/nbs-1331-nigerians-die-in-road-crashes.html

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