A Nigerian man, Femi has been rewarded with $5,000 (app. N21m) for returning $14k mistakenly transferred to his account by a foreign crypto trader.
 
The young man took to Twitter to make the revelation.
 
 
Femi, who recently disclosed his reason for not keeping the money, expressed his gratitude as his crypto wallet balance now soared to over $5,000 (more than N7.5 million)
 
Sharing his excitement on Twitter, Femi wrote:
 
 “Waoh $5000 this is amazing @raffayalvi,”
 
See below:
 
 
 
Why I Returned $14k Mistakenly Sent to Me by Foreign Crypto Trader – Femi
 
 
revealed what motivated him to return $14k (approximately N21 million) mistakenly sent to him by a foreign cryptocurrency trader.
 
Anjola Femi was praised by the trader, @raffayalvi for the kind gesture.
 
 
Explaining why he returned the money, he stated that he cannot keep something that doesn't belong to him.
 
“My name is Anjola Femi, the guy that is known as Lucky, that is the Twitter handle @muchino67.
 
“So I won this giveaway on Solana, $100 worth of Solana from Rafael Alvi this morning. So, what happened was that he sent it to me.
 
“So, when he sent it to me, he now messaged me that he mistakenly sent 100 Solana which was $14k instead of $100. So, he requested me to hold 10 and send 90 to him in which I did…,” Femi narrated.
 
When asked why he returned the substantial sum of money, Femi said;
 
“I cannot keep the money because it is not mine. I am child of God and we all know that righteousness exalts a nation and thank God for Apostle Chris Onofua, the Kingdom Spread World Ministry general overseer. He has taught us the way of righteousness, so I am very very happy about what I did.
 
“He is happy, I am happy. I am just trying to show to the world that we Nigerians we are still great and also have a lot of people with integrity. I am also a graduate of the Federal University of Technology, Minna, 2017 set, chemical engineering to be precise.
 
“Thank you and God bless you all.”
 
See below:
 

Bose Ogulu, the mother and manager of Grammy-winning singer, Burna Boy, took to her Instastories to celebrate him as he turned 33.

She wrote, “Wishing the happiest of birthdays to this living legend. May your day be filled with love, laughter, and all the joy you bring to others every day.”

This milestone birthday comes on the heels of Burna Boy’s electrifying performance at a sold-out London stadium concert on Saturday, showcasing his remarkable talent and dedication to his craft.

See Post Below;

 

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The Imo State Police Command has arrested a couple, Chukwudinma Umunnakwe and Comfort Umunnakwe, for allegedly running a baby factory in the state.

The suspects, who own Comfort Orphanage Home in Owerri, were paraded at the police command’s headquarters on Sunday.

Henry Okoye, spokesman for the Imo state police command said on Tuesday, July 2, the arrest was made possible by an intelligence report received by the operatives.

“The suspects have confessed to being in the criminal activity for over 12 years and will be arraigned in court upon completion of the investigation.

“The suspects coerced their victims into signing a document to give away their children upon delivery for either N400,000 or N500,000 depending on the gender of the child
,”  Okoye said.


One of the victims, Ijeoma, revealed that the suspects lured them to the orphanage with promises of care, but instead subjected them to inhuman treatment and threats.

 “I refused to sign the document and have been asking them to allow me to leave or contact my family, but they refused till now,” she said.

 



The police urged residents to report any criminal activity to the nearest police station or via the command’s emergency lines.

New Zealand has implemented new regulations tightening visa rules for Accredited Employer Work Visa (AEWV) holders, specifically targeting individuals in certain job classifications.

The changes, announced on the Immigration New Zealand website, restrict AEWV holders in jobs classified at levels 4 and 5 of the Australian and New Zealand Standard Classification of Occupations (ANZSCO) from sponsoring visa applications for their partners and dependent children, unless they have a pathway to residency.

 

Already effective from June 26, these amendments are part of broader reforms reverting the AEWV scheme to settings akin to the previous Essential Skills Work Visa framework.

 

The government clarified that affected partners and dependent children can still apply for visas independently, such as the AEWV or international student visas, provided they meet requisite criteria.

However, the new rules exempt individuals already holding visas as partners or dependents of AEWV holders, as well as those in ANZSCO level 4 and 5 roles with residency pathways like the Green List or sector agreements.

Workers also earning at least 1.5 times the average salary threshold for the Skilled Migrant Category remain unaffected.

This move follows previous adjustments made to work visa policies earlier this year, including a language proficiency requirement for low-skilled job applicants under ANZSCO levels 4 and 5.

These changes aim to ensure that foreign workers understand their rights and can effectively address employment issues.

Despite these stricter measures, New Zealand continues its efforts to attract and retain highly skilled workers, particularly in sectors experiencing shortages such as secondary education.

The government’s recent immigration statistics highlight significant visitor entries and resident numbers, underscoring ongoing efforts to manage migration sustainably.

 

Immigration Minister Erica Stanford emphasized the reforms’ goals of enhancing economic adaptability, attracting top talent, supporting international education, and improving risk management within the immigration framework.

Tiri Gyan David, a lecturer with the Federal University Dutsinma (FUDMA) in Katsina State, has been killed by bandits.

Tiri, the Head of the Department of Agricultural Economics, Extension, and Rural Development at the university, was killed in a fresh bandits attack in the early hours of Tuesday.



An eyewitness who spoke with Channels TV said the incident occurred at about 1:30 am at the lecturer’s residence in the Yarima Quarters, Low-Cost Estate, Dutsinma Local Government Area of Katsina State.

He said the bandits invaded the community with sophisticated weapons, shooting sporadically to scare the residents.

According to the eyewitness, the bandits also abducted two of the lecturer’s children.



Confirming the incident, the Katsina Police Command spokesman, Abubakar Sadiq, said the command will soon release a detailed statement about the attack.

Dutsinma is among the ten security frontline local government areas grappling with frequent bandit attacks almost daily despite efforts by both the state government and security agencies to restore peace in the state.

A popular tap-2-earn app, Tapswap has left people apprehensive after postponing its token allocation again.
 
The TON Blockchain powered tap-2earn app postponed token allocation to users to quarter three of the year.
 
 
The app, which required users to repeatedly tap the icon in the centre of the Telegram Tapswap bot screen to mine coins, recently gained momentum among Nigerians tapping on their phone screens in pursuit of financial earnings and has amassed over 50 million users since it launched on February 15, 2024.
 
The management said it decided to move the share-to-token exchange event scheduled for July 1st to the third quarter to better serve its players.
 
In a series of threads created on X, on Monday, to share what it described as ‘bad and good news’ for its players, the management said it is in active talks with tier 1 exchanges around the world to price the highly ranked game from the prey of scammers and leaders in web3 industry who are moved by the successes the game had attracted.
 
“We’ve got some bad and really good news for you at the same time: our team has decided to move the date for the Shares-to-Token exchange event. You might wonder, what’s good about that? Just FUD?
 
“Not exactly. The whole point is that you’ll benefit from this. Let us explain how:
 
Recently, there’s been a lot of buzz around Tapswap, especially about listing on tier 1 exchanges, a massive drop, and more. And it’s no surprise: the project has become one of the major players globally, ranking at the top. This kind of attention attracts not just scammers but also leaders in the web3 industry.
 
“So, not all rumours are just rumours. The Tapswap team is actually in active talks with tier-1 exchanges!
 
And they are thrilled with you – our community! Isn’t this what we’ve been tirelessly working towards together?”
 
The management further reiterated its effort to devote a high level of attention to the task, which requires much more detailed work on tokenomics and the right launch strategy.
 
“However, this success comes with some ‘inconveniences’. This level of attention requires much more detailed work on tokenomics and the right launch strategy. And that means extra time.
 
“But know that this is all to ensure that our launch in Q3 is fair and, more importantly, profitable for all of you who stand by us no matter what,” it added.
 
Tapswap, however, charged its players to be happy about the bigger news in the future while appreciating the support and feedback gotten from them.
 
So, as you can see, there are plenty of reasons to be happy about this change. And very soon, we’ll give you some even bigger news about our future, tier 1 partnerships, and the drop itself!
 
We really value your support. And we truly listen to your feedback, so don’t forget to share it in the comments. Together, we’ll keep reaching higher and higher levels!
 
Recall that Tapswap had earlier postponed its token launch date, which was scheduled for July 1st, indefinitely.
 
This was disclosed by the Head of Communications of the gaming firm, John Robbin, on June 20, 2024.
 
Before the aforesaid disclosure, it announced that its coin allocation date would be July 1st after it couldn’t establish a date in May because of too many bot accounts that they are working on separating from the authentic gamers.
 
According to Robbin, the method of token allocation has not yet been ascertained, stressing that the processes cannot be communicated before the allocation.
 
The token launch was postponed from July 1. The new date will be communicated.
 
“We will allocate a significant part of the tokens to the community to retain the tappers. We want you all to be part of the tapswap community.
 
“We need a token airdrop to be a win-win for all of us. We have started communicating with many exchanges and platforms,” he said.
Nigerian comedian Sabinus has written an appreciation post to Burna Boy for allowing him crack jokes at his sold-out London show.
 
Burna Boy’s ‘I Told Them’ tour made history at the 80,000-capacity London Stadium, and videos on social media show Sabinus warming up the crowd with his comedy set before Burna Boy’s performance.
 
 
Sabinus warmed up the crowd with hilarious jokes, generating lively laughter and applause before Burna Boy’s highly anticipated performance.
 
On July 1, the comedian took to Twitter to share photos from his opening set, humbly describing it as the most significant moment of his career thus far.
 
He wrote …
 
“??❤️ !!! Biggest 1 minute of my career !! Thanks Burna Boy ?”
 
See photo below:
 

Petroleum marketers have expressed fear over the price of petrol from Dangote Petrochemical Refinery.

Naija News understands that the product is set to hit the Nigerian local market in two to three weeks.

 

However, petrol marketers do not seem to look forward to the development as they claim that the product’s price may be higher than expected.

They spoke against the backdrop of the 650,000-capacity refinery’s failure to get feedstock locally from the international oil companies.

Dangote Refinery has continued to import crude oil from the United States and other countries at a higher cost.

This development has reportedly made its diesel and aviation fuel not very attractive to some local marketers due to price reasons.

Speaking in an interview with Punch, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, said crude imports would jerk up the price of Dangote petrol.

According to Fashola, the refusal of IOCs to sell crude oil to Dangote will be a big challenge to the $20bn refinery, even as he acknowledged that the IOCs also have other business commitments.

According to him, “The non-supply of crude is a big challenge for Dangote. You know Dangote cried out too. The international oil companies too will have their reasons; you know they have their commitments too. It’s not like they will start feeding Dangote only. People should understand that.

“I think Dangote should consider that. I know this prompted Dangote to go outside the soil of Nigeria to seek crude oil. You know when he keeps bringing crude oil from the United States, that is another cost. That is another problem we are scared of because it will still boil down to the high cost of petrol, unlike where he can source the crude locally in Nigeria.”

To resolve this, the IPMAN leader asked the Federal Government to assist Dangote with the supply of crude oil. This, he said, would solve the problems Nigerians face with fuel availability and affordability.

I will advise that the government should assist Dangote in the supply of crude oil. If Dangote can get an adequate supply of crude oil locally, I think the whole problem will be solved somehow. I don’t think there will be any need for anybody to go and bring in petrol again, especially if Dangote is selling at a reasonable price,” he added.

Fashola, however, enjoined Dangote not to monopolise the petroleum if he eventually got the support of the government, saying the refinery must sell PMS at a reasonable price.

Dangote too should not see it as an advantage to start monopolising the market by raising fuel prices. Dangote has to come with a clean mind by selling at a reasonable price to the public,” he said.

[NaijaNews]

Former world number one Naomi Osaka navigated a tricky first round match against France’s Diane Parry at Wimbledon yesterday and eventually won 6-1 1-6 6-4 with the help of some nervous serving from her opponent.

The 26-year-old Japanese, who entered the draw as a wildcard, looked to be in total command in the first set, her hefty groundstrokes hitting the lines and her big serve forcing Parry on to the back foot.

But Osaka, who returned to the tour this year after 15 months of maternity leave for her daughter who turns one on Tuesday, appeared to lose concentration and rhythm in the second set and 21-year-old Parry, ranked 53, took advantage.

“I wish I could say I enjoyed (the match) all the time,” Osaka, who has won both the U.S. and Australian Opens twice, said in an interview on court. “My heart was racing.”

The match see-sawed into the third set with the players trading breaks at the start.
Osaka, who was playing at Wimbledon for the first time for five years, saved break points in a difficult ninth game to lead 5-4 before Parry’s serve crumbled and she produced three double faults to concede the match.

“I feel like these are the type of matches that you kind of have to play just in order to ease into the tournament,” Osaka said after thanking the crowd for getting behind her.
Meanwhile, Emma Raducanu snapped a dispiriting sequence of first-round defeats for British players at Grand Slams as the wildcard beat Mexico’s Renata Zarazua 7-6(0) 6-3 on Centre Court on Monday.

 

The 21-year-old got an unexpected boost when Russian 22nd seed Ekaterina Alexandrova, her scheduled opponent, withdrew because of illness on the morning of the match with Zarazua, a loser in qualifying, taking her place.

With former England soccer captain David Beckham watching on from the Royal Box, Raducanu looked nervous early on against an unorthodox opponent but eventually contained the unforced errors that littered the first set to move into round two.

It was a welcome win for the former U.S. Open champion who missed last year’s Wimbledon because of injury and who has struggled to reach the dizzy heights of her fairytale victory at Flushing Meadows in 2021.

[Leadership]

President Bola Ahmed Tinubu’s interventions may have failed to ease the country’s worsening economic hardship in the first half of 2024 despite the government’s Renewed Hope Mantra.

Economists and financial experts disclosed this in separate interviews with DAILY POST.

President Tinubu, a former Lagos State Governor, who celebrated his first anniversary in office on May 29th, 2024, has not found it easy to give Nigerians a vista of hope.

The development comes on the back of the recent approval by the Federal Executive Council for the disbursement of N555 billion to 100,000 families, with N50,000 payment for three months.

Recall that in October 2023, the President also approved the ‘Conditional Cash Transfer’, under the now-suspended minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu.

The scheme, which comes under the $800 million in loan support from the World Bank, was launched on October 17, 2023, by President Bola Tinubu.

Also, as part of the fiscal measure, the federal government recently approved zero tariffs, excise duties, and Value Added Tax on specialized machinery, equipment and pharmaceutical raw materials to bolster local production of essential healthcare products.

Other fiscal measures include a $3.3 billion crude oil-backed prepayment facility from Afreximbank, $2.5 billion World Bank loans to bolster Nigeria’s foreign exchange supply, and efforts by the Presidential Tax and Fiscal Policy Committee to increase taxes.

Despite the interventions, Nigerians have continued to groan over the impact of headline and food inflation which rose to 33.95 percent and 40.66 percent in May, 2024.

The implication is that the purchasing power of Nigerians has dropped in the face of the increasing misery index.

Worse, Nigeria’s debt burden rose to N121.67 trillion at the end of March 2024.

In the 1Quarter of 2024, the country spent $1.12 billion for servicing foreign debt on N3.94 trillion generated revenue in the same period.

This is as Naira weakened to N1508.99 per dollar at the official market on Monday amid several policies announced by the Central Bank of Nigeria; the latest was the discontinuation of the Price Verification System Portal for importers.

Speaking to DAILY POST on Monday, financial expert and the Chief Executive Officer of SD & D Capital Management, Gbolade Idakolo said Tinubu’s policies in the referenced period have not helped to alleviate the hardship on Nigerians.

According to him, welfare policies by the federal and the state governments were yet to be felt by Nigerians.

“My major concern about these measures is the parameters being used to determine those eligible for those grants for three months.

“These welfare policies of the Federal and the state governments have been seen not to get to the intended beneficiaries and the aim is always defeated in the long run.

“I also believe that this measure would not address the hardships being faced by the very poor citizens that these policies are targeted to assist because of continuous high food inflation and skyrocketing cost of living.

“The fiscal policies of Tinubu’s government in the first half of the year has not helped to alleviate the hardship introduced by its monetary policies. This has led to the unbearable situation the country found itself,” he told DAILY POST.

However, Muda Yusuf, the director, Centre for the Promotion of Private Enterprise, CPPE, said the government has carried out a lot of policies but more needs to be done that will impact the generality of Nigerians.

He urged that the government should roll out more fiscal interventions in the agro-allied industry, construction, Iron and steel, and mining sectors.

“There is a lot the government can do via the fiscal policy level. In terms of direct support to the farmers, it is better to do it directly than through the state governments. I think through that, there should be an impact in terms of food production. I hope the state government will commit to this with all sense of sincerity.

“The measure can help the supply side. I am aware that there are also plans to have similar interventions to the real sector.

“The real sector is responsible for Fiscal Policy measures rather than monetary policy. Fiscal policies are more potent in driving production”, he said.

Prof Godwin Oyedokun, a don at Lead City University in Ibadan, said the recent N555 billion cash disbursement approval is a significant fiscal measure aimed at addressing the inflation-induced hardship faced by many Nigerians.

Oyedokun, however, explained that injecting a large sum of money into the economy could exacerbate inflationary pressures if not accompanied by measures to increase supply and stabilize prices.

“The fiscal measures introduced by President Tinubu, including the N555 billion cash transfer program, demonstrate a proactive approach to addressing the immediate economic challenges faced by Nigerians.

“However, the success of these measures depends significantly on the coordination with monetary policies to manage inflation and ensure overall economic stability.

“A holistic approach, combining short-term relief with long-term economic reforms, is essential for addressing the underlying issues causing inflation-induced hardship and achieving sustainable growth,” he told DAILY POST.

[DailyPost]