Rainbow FM

rainbowfm February 28, 2023 No Comments

NDDC Commissions Road, Inspects Hostel Project In Niger Delta Varsity

P/HARCOURT – The Niger Delta Development Commission, NDDC, has commissioned a 1.5-kilometre internal road it constructed at the Niger Delta University, Amassoma, Bayelsa State. Inaugurating the project, the NDDC Managing Director, Dr Samuel Ogbuku, stated that it was part of the efforts of the Commission to build the capacity of universities in the Niger Delta region. […]

rainbowfm February 28, 2023 No Comments

PROMAD, Policy Shapers Urge INEC To Publish BVAS Report Alongside Election Results

Two civic tech organisations, PROMAD and Policy Shapers, have asked the Independent National Electoral Commission (INEC) to publish the comprehensive report of the Bimodal Voter Accreditation System (BVAS) across the country alongside the results of the presidential polls. According to a joint statement signed by Daisi Omokungbe and Ebenezar Wikina, founders of the organisations, Saturday’s […]

rainbowfm February 28, 2023 No Comments

US extends visa validity for Nigerians to five years

The United States of America has announced that starting from March 1,  it will increase visitor visa validity from 24 months to 60 months for Nigerians who want to enter the US temporarily for business and/or tourism. The US Consulate General, in a statement on Monday, explained that the extension of visa validity for Nigerians […]

rainbowfm February 27, 2023 No Comments

CDD uncovers factors affecting INEC’s performance, raises concerns over observed lapses

The Centre for Democracy and Development (CDD) has highlighted some of the issues affecting the efficiency of the Independent National Electoral Commission (INEC) in the ongoing 2023 presidential and national assembly elections across the country. The CDD, a non-profit organisation advocating for good governance and democratic practices, said that from its extensive observations across Nigerian states, the problem facing […]

rainbowfm February 27, 2023 No Comments

SERAP) calls on USA for visa ban on Nigerian officials and others.

Socio-Economic Rights and Accountability Project (SERAP) has asked the United States president, Joe Biden to place Nigerian officials, politicians and other perpetrators and sponsors of violence during Saturday’s general elections under visa ban. SERAP, which made the request in an open letter dated February 25, 2023, specifically urged the US President to exercise his powers […]

rainbowfm February 27, 2023 No Comments

Aviation unions tackle NCAA’s Director of Human Resources over welfare of members

Four major unions in the Nigerian aviation industry have accused the Director of Human Resources and Administration of the Nigeria Civil Aviation Authority (NCAA), Mr Wakil Adamu, of “gross incompetence” concerning workers’ welfare. The unions also alleged that the director is currently a Director in Jos Electricity Distribution Company (JEDC), thereby contravening Schedule V, Part I […]

rainbowfm February 27, 2023 No Comments

Saudi Arabia signs $400 million with Ukraine, Kyiv

Saudi Arabia signed agreements worth $400 million with Ukraine after the kingdom’s foreign minister made a surprise visit to Kyiv. Sirens sounded across Ukraine for hours early this morning, signaling a drone attack from Russia. At least one person was killed, according to preliminary reports.  Vladimir Putin said NATO arms supplies to Ukraine make the […]

rainbowfm February 27, 2023 No Comments

Non-oil export earnings hit $75m

Earnings from non-oil export in October and November rose to $75m, figures obtained from the Central Bank of Nigeria have revealed. The CBN stated in its November economic report that non-oil export earnings rose by 16.9 per cent to $0.40bn, from $0.35bn in October. It stated, “Non-oil export earnings rose by 16.9 per cent to […]

rainbowfm February 27, 2023 No Comments

Amidst Macro Economic Challenges, Banks’ Prime Lending Rate Hit 13.67% in January

Amid severe macro economic challenges and increase in Monetary Policy Rate (MPR), commercial banks’ prime lending rate to most credit-worthy customers increased to 13.67 per cent in January 2023, a 1.99 per cent Year-on-Year (YoY) increase from 11.68 per cent in January 2022. According to the Central Bank of Nigeria (CBN) “Money Market Indicators,” the January […]

rainbowfm February 27, 2023 No Comments

Nollywood actress Adunni Ade stirs reactions online with viral video as she joins the political debacle

UK-born Nigerian actress Adunni Ade seems to have reached her limit after watching how her colleagues like Lege Miami, Iyabo Ojo, Dayo Amusa and others, dragged each other on Instagram over the ongoing presidential election. In reaction to the political spectacle with the Yoruba movie industry, Adunni Ade made some ridiculing revelations of how much […]