The Update

  The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the importance of financial literacy for young Nigerians, advocating for early education on savings, budgeting, responsible spending, and investment to enhance long-term financial security. Speaking during the Financial Literacy Day 2025 outreach at Government Secondary School, Kuchingoro, Abuja , as part of Global Money Week , NDIC officials highlighted the need to equip students with essential financial skills. NDIC’s Role in Financial Security Madina Mustapha , Senior Manager in the Insurance and Surveillance Department of NDIC , explained the Corporation’s statutory mandate, which includes: Insuring depositors' funds Supervising banks to ensure financial stability Resolving banking failures Educating consumers on financial best practices She emphasized that NDIC provides deposit insurance for depositors of licensed financial institutions, including commercial banks, microfinance banks, and ...

  The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone A, Ikeja , has intercepted contraband goods and vehicles valued at ₦1.7 billion in the last four weeks. Addressing journalists in Ikeja on Wednesday, the Customs Area Controller (CAC), Kola Oladeji , revealed that the 82 interceptions were made across southwestern states , particularly around the Oyo and Ogun border axis . During the operations, six suspects were arrested in connection with the smuggled goods, which were brought in from neighboring countries. Seized Contraband Items Include: 3,832 bags of foreign rice (equivalent to seven trailers ) 27 used vehicles ("Tokunbo" cars) 494 kegs of premium motor spirit (PMS) (totaling 14,820 liters ) 27 bales of used clothing 95 bags of charcoal 3,643kg of cannabis sativa The CAC further stated that the unit recovered ₦72.4 million through demand notices issued due to irregular consignment declarations . Strict Enforcement of ...

  The highly anticipated GOtv Boxing Night 33 is set to deliver explosive action as Ghana’s Emmanuel Otoo takes on Nigeria’s Tosin "Soldier Boy" Osaigbovo in a thrilling lightweight showdown . The event will take place on April 26 at the Molade Okoya-Thomas Indoor Sports Hall, Teslim Balogun Stadium, Lagos . Otoo, a seasoned fighter with nine wins (nine KOs) from 15 fights , is determined to make a statement on Nigerian soil. However, Osaigbovo , who boasts an undefeated 11-0 record with eight knockouts , is confident of extending his winning streak in front of his home crowd. This clash adds another chapter to the long-standing Nigeria-Ghana sporting rivalry , promising an electrifying contest between two formidable boxers. Other Exciting Bouts on the Card The night will also feature several thrilling matchups , including: 🥊 Sikiru "Omo Iya Eleja" Shogbesan vs. Segun Gbobaniyi ( Lightweight division ) 🥊 William "Kaki" Amosu vs. Emmanuel ...

  The IBB International Golf and Country Club Lady Captain’s Cup 2025 is set to welcome 350 golfers for an exciting competition from April 2 to April 6 in Abuja . This prestigious tournament attracts business leaders, golf enthusiasts, and community supporters , offering a mix of competitive play, networking, and celebration. It will also highlight the achievements of the Ladies Golf Section under the leadership of Lady Captain, Dame Julie Donli . Speaking about the tournament, Donli expressed gratitude for her tenure as Lady Captain, emphasizing the progress made in promoting women’s golf and community development. “Serving as Lady Captain has been an incredible journey. With our theme, Ladies Supporting Ladies , we have expanded membership, hosted major tournaments, and strengthened the legacy of the Ladies Golf Section,” she said. Major Achievements Under Donli’s Leadership During her tenure, the club witnessed several milestones, including: ✅ Increase in weekly pa...

  Novak Djokovic continued his dominance at the Miami Open , securing a 6-3, 7-6 (7/4) victory over Sebastian Korda to reach the semi-finals. At 37 , he became the oldest player to achieve this feat in a Masters 1000 event. Djokovic made a strong start , breaking Korda early to claim the first set. The American put up a fight in the second, forcing a tie-break , but Djokovic’s experience and powerful serving sealed the match. The 24-time Grand Slam champion credited his serve for the win, landing 11 aces and winning 84% of first-serve points . “I was serving very well, probably my best in a long time. It made life easier on the court, especially in the second set when Korda found his rhythm,” Djokovic said. The Serbian, eyeing his seventh Miami Open title and first since 2016 , will face Grigor Dimitrov in the semi-finals. A victory in Miami would mark Djokovic’s 100th career singles title . “I’m playing my best tennis in a while. Tournaments like this keep me mo...

  Lesotho's Football Association (LFA) has called on FIFA to apply its rules fairly regarding South Africa’s use of an ineligible player during their 2026 World Cup qualifying match last Friday. The Issue: South Africa’s Teboho Mokoena played in the 2-0 win against Lesotho, despite accumulating two yellow cards in previous qualifiers against Benin and Zimbabwe , which should have led to his suspension. This oversight could result in a three-point deduction for South Africa, despite them currently leading Group C with five points . However, LFA Secretary-General Mokhosi Mohapi admitted that Lesotho failed to file their protest within FIFA’s required timeframe – within two hours after the game or 24 hours post-match . FIFA’s Role in Enforcing Rules Despite missing the protest deadline, Mohapi insists FIFA should act on its own , citing Article 8.3 of FIFA’s statutes, which mandates automatic suspension for ineligible players. "FIFA should do what is right ...

  The Lagos State Ministry of Transportation , in partnership with Huawei Technologies , has introduced four new Intelligent Transport System (ITS) sites to monitor speeding and enhance traffic management across the state. Announcing this at a press briefing on Thursday , Commissioner for Transportation, Oluwaseun Osiyemi , explained that the new installations will complement existing traffic monitoring devices such as the Automatic Number Plate Recognition (ANPR) cameras . How the New System Works The newly installed checkpoint sites will primarily detect and deter overspeeding , which remains a leading cause of road accidents. Alapere, Ogudu Road – Speed limit: 80 km/h Nitel, Mobolaji Bank Anthony Way – Speed limit: 60 km/h Additionally, e-police sites have been installed to monitor various traffic violations , including running red lights, illegal U-turns, and improper lane discipline. These sites are located at: Allen Avenue Junction Nurudeen Olowopopo R...