Новости за 08.02.2023

Bacardi in Nigeria, a part of family-owned Bacardi Limited, has partnered with HACEY, a non-profit organization in Nigeria, to help revive Lagos’ green ecosystem towards building a more sustainable lifestyle for Lagosians. The initiative, which is geared towards planting over 300 trees in Lagos and the surrounding areas, will drive education on the importance of […]

    Hope of finding work is the leading factor driving people to join fast-growing violent extremist groups in sub-Saharan Africa, United Nations Development Programme (UNDP) says in its latest report. The report also highlights the urgent need for Africans to move away from security-driven responses to development-based approaches focused on prevention. Among nearly 2,200 […]

The Peoples Democratic Party (PDP) in Cross River has called for action from security agencies against alleged attacks and destruction of property of its members in the Akpabuyo Local Government Area. The leadership of the party in the area, led by Arthur Jarvis and the party’s Deputy Governorship candidate, Emana Ambrose-Amawhe, made the call at […]

The Lagos State government on Wednesday cut fares on all government-owned transportation systems by 50 percent to cushion the effect of petrol and naira scarcity on the residents. Governor Babajde Sanwo-Olu announced the fare slash while addressing journalists at the State House, Marina, on the crisis rocking the country. Sanwo-Olu said the 50 percent fare […]

Ahead of the February 25 and March 11 general elections in Nigeria, Kano State and 21 other states have been identified as having the most significant potential for election manipulation. This is according to an extensive Election Manipulation Risk Index (EMRI) report released by the Youth Initiative for Advocacy, Growth, and Advancement (YIAGA). The EMRI […]

The Nigeria Immigration Service (NIS) has intercepted and confiscated a total of 6,216 Permanent Voter Cards and national identity cards from non-Nigerians across 21 states. Isah Idris, comptroller general of Immigration (CGI), who disclosed this on Wednesday at the 2023 NIS election retreat in Abuja, explained that a total of 3,823 identity cards and 2,381 […]

The Africa Free Trade Agreement has the potential to solve the currency crisis in Africa, according to Joseph Nnanna, chief economist at the Development Bank of Nigeria. “If we can trade amongst ourselves (Africa), we’re less dependent on an external currency (the US dollar), thereby strengthening our local currencies and economies as well as lifting […]

Eden Zero has launched a revolutionary new carbon offsetting app that helps users take meaningful steps towards reducing their environmental impact. Designed to make sustainable action accessible for everyone, Eden Zero by Eden Lotus Power (a clean and sustainable energy company), provides users with an easy way to measure and track their carbon footprint and […]

The National Association of Nigeria Students (Joint Campus Council), Ondo axis and some other Civil Society Organizations have staged a peaceful protest in Akure, the Ondo state capital, against the scarcity of naira notes and petrol fuel ravaging the nation. The protest which caused gridlock at the popular Road-Block, along Akure/Ilesa expressway made travellers and […]

As search for casualties of the early Monday earthquake in Turkey and Syria continues, more lifeless bodies are being pulled out of the rubbles as rescuers intensify efforts to bring out survivors. As of Wednesday, the death toll was over 7ooo and is expected to rise further. Some children are among those that have been […]

Transcorp Hotels Calabar has collaborated with life insurance company, Heirs Life Assurance (HLA), on an affordable add-on life insurance package for guests. With this plan, a variant of its popular Term Assure plan, Heirs Life assures guests of relaxation and peace of mind, confidence that the company will step in to make a payment in […]

Ganiyu Musa, group managing director, Cornerstone Insurance Plc said the right foundation has been laid for young professional members of the Institute of Chartered Accountants of Nigeria (ICAN). Ganiyu made the remark in his office when the Lagos & District Society of ICAN accompanied by ICAN president, Tijjani Musa paid him a courtesy visit ahead […]

Prowess University Delaware-USA has awarded the managing director of Parallex Bank Limited, Mr Olufemi Bakre, a Doctor of Philosophy in Business Administration (Honoris Causa). The doctorate was awarded by the Institute of Arts Management and Professional Studies of Prowess University in recognition of Bakre’s demonstration of integrity, accountability, and transparency in quality service delivery in […]

The Lagos State government says it is projecting a monthly internally generated revenue (IGR) of N77.067 billion for the 2023 fiscal year. Sam Egube, the commissioner for economic planning and budget, who disclosed this at the breakdown of the state’s 2023 budget of N1.768 trillion, on Tuesday, said the government was hoping to net about […]

Naira on Tuesday gained against the dollar across foreign exchange (FX) markets amid low liquidity at the official market. Liquidity at the Investors and Exporters (I&E) forex window, which reflects the level of market turnover, declined by 39.08 percent to $74.58 million on Tuesday compared to $122.43 million recorded on Monday. After trading on Tuesday […]

Some groups of irate youths on Tuesday took over major streets and areas in Abeokuta, Ogun state capital with bonfires as part of protest against naira crisis and fuel scarcity in the country. BusinessDay reports that the angry youths were armed with dangerous weapons such as cutlasses, broken bottles, cudgel, among others, trooping through some […]

I have seen videos of fights breaking out in banking halls and at ATMs as customers struggle to withdraw cash. There are also heartrending pictures of women stripping naked in banking halls, protesting their inability to access their hard-earned money. In the markets, traders are dealing with low demands and those with perishable goods are […]

About two weeks ago, President Muhammadu Buhari commissioned the newly built Lekki deep seaport and a 32-metric ton-per-hour rice mill in Lagos. I must say, these are key infrastructures that will improve the nation’s value chain and its capacity to facilitate trade, but there’s a need for more. Do you know why? In 2021, trade […]

Four months ago when we were on our marks for the 2023 elections, this column highlighted three areas for close monitoring: INEC preparedness, hate speech and issues-driven campaign. Seventeen days before the presidential elections we are unlikely to get more than what we have largely had on policy issues: broad promises and aspirations that read […]

Datti Baba-Ahmed, the vice presidential candidate of the Labour Party for the coming February presidential election, has promised that he and his principal, Peter Obi, the presidential candidate of his party, would eliminate the rent-seeking and corrupt system resulting in the perennial fuel crisis situation confronting Nigerians on a daily basis if voted into power. […]