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FG Announces Unemployment Benefits For Graduates

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FG Announces Unemployment Benefits For Graduates....KINDLY READ THE FULL STORY HERE▶

The Federal Government has unveiled plans to introduce unemployment benefits for Nigerian youths, particularly graduates with qualifications from the Nigerian Certificate in Education (NCE) level upwards. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, made this announcement after the Federal Executive Council meeting on Monday……..CONTINUE READING

Edun emphasized that amidst the current challenges such as heightened food prices, President Bola Tinubu is committed to assisting the poorest by providing purchasing power. As part of this commitment, a Social Security unemployment program will be devised to cater to unemployed graduates and youths.

Additionally, the government intends to establish a consumer credit scheme urgently to alleviate the economic hardships faced by citizens. The committee overseeing this scheme includes Femi Gbajabiamila, the Chief of Staff to the President, along with the Minister of Budget and Economic Planning, the Attorney-General of the Federation, and Edun himself.

Furthermore, Edun discussed the review conducted by the Special Presidential panel on the National Social Investment Programme. The panel submitted a preliminary report, leading to the decision to resume direct payments to 12 million households, encompassing 60 million Nigerians. Importantly, beneficiaries will be identified using their national identity number and bank verification number, ensuring transparency and accountability in the disbursement process.

Overall, these initiatives aim to provide financial support to unemployed youths, enhance consumer access to credit, and ensure the effective implementation of social welfare programs in Nigeria

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“‘No Justice, No Peace!’: Omoyele Sowore Hits The Streets Of New York In Explosive Free Palestine Protest [Watch Video]”

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Nigerian activist and 2027 African Action Congress (AAC) presidential candidate, Omoyele Sowore, joined demonstrators in New York City to protest Israel’s military campaign in Gaza.....KINDLY READ THE FULL STORY HERE▶

Sowore announced his participation through a post on his official X (formerly Twitter) handle on Friday. The demonstrations coincided with Israeli Prime Minister Benjamin Netanyahu’s visit to New York to address the United Nations General Assembly.

Key Highlights of the Protest:

  • Standing for Human Rights: Sowore stated that he took part in the march to demonstrate solidarity with Palestinians and advocate for global justice.

  • Condemning the Conflict: Taking to social media, he declared, “Yes, today in New York, I joined the Free Palestine protest. No justice, no peace! #FreePalestine! I condemn the genocide being committed by the state of Israel in Gaza.”

  • Widespread Unrest: The demonstrations outside the UN headquarters led to significant road blockages and heightened tensions, with local authorities reporting over 100 arrests across various protest locations.

  • UN Assembly Walkout: The street protests mirrored inside the UN General Assembly hall, where numerous delegates walked out during Prime Minister Netanyahu’s address.

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“POLITICAL EARTHQUAKE: Ex-Ondo PDP Governorship Candidate Jegede Dumps Party In Shocking Defection To ADC!”

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Former Ondo State governorship candidate of the Peoples Democratic Party (PDP), Eyitayo Jegede, SAN, has officially switched allegiance to the African Democratic Congress (ADC).....KINDLY READ THE FULL STORY HERE▶

His defection was announced following a high-profile grand reception held at NEPA Park in Akure, Ondo State. Jegede led a wave of political figures crossing over from both the PDP and the All Progressives Congress (APC) into the opposition fold.

Key Highlights:

  • High-Level Reception: Former Osun State Governor and ADC National Secretary, Rauf Aregbesola, alongside ADC presidential candidate Atiku Abubakar and other party leaders, formally welcomed Jegede and his supporters.

  • Building Momentum: Aregbesola took to social media to celebrate the mass movement, highlighting that the event marks a strategic expansion of the party’s structure as political forces gather ahead of the upcoming elections.

  • Accompanied Heavyweights: Jegede arrived at the venue alongside loyal associates and political allies, signaling a notable shift in the political landscape of Ondo State.

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“CRYPTO APOCALYPSE: Hackers Clean Out Bitget In Jaw-Dropping $351.6 Million Heist!”

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Major cryptocurrency exchange Bitget has reported a massive security breach after unauthorized access to a section of its wallet infrastructure resulted in the theft of approximately $351.6 million in digital assets.....KINDLY READ THE FULL STORY HERE▶

The breach was detected at approximately 18:31 UTC on Thursday, September 24, when system monitoring flagged unauthorized outflows from specific hot wallets. In response, the exchange immediately triggered emergency protocols and temporarily halted withdrawals as a security measure, while deposits and trading remained active.

Key Highlights:

  • Impacted Layers: In an initial advisory, CEO Gracy Chen confirmed that the hack was restricted to parts of the hot and warm wallet layers, leaving cold wallets completely secure.

  • User Funds Protected: Bitget assured customers that user funds remain safe, noting that the entire $351.6 million loss is fully covered by the platform’s User Protection Fund, which holds upwards of $464 million.

  • Backend Compromise: Chen further explained that attackers breached a critical backend wallet infrastructure system, manipulating transaction data to spoof authorizations and trigger fund transfers. Investigators ruled out private key compromises.

  • Affected Assets & Networks: The stolen funds encompassed a variety of tokens—including ETH, XRP, BNB, AVAX, USDT, and USDC—spanning across the Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base networks.

  • Suspected Culprits: Based on behavioral patterns and on-chain intelligence, Bitget suspects that North Korean hacker organizations are behind the raid. The exchange has alerted law enforcement, blockchain security firms, and relevant authorities while working alongside affected network foundations to freeze attacker-linked addresses.

  • Decentralized Arm Unaffected: Bitget emphasized that the independent decentralized product, Bitget Wallet, experienced zero impact from the incident.

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