Feature
AfDB, others to mobilize $15 billion for ECOWAS’ Lagos-Abidjan highway project – Akinwunmi Adeshina
The President of the African Development Bank (AfDB), Akinwunmi Adesina, has confirmed that his institution, in collaboration with others, will mobilize $15 billion for the construction of the Lagos-Abidjan Highway project. Adesina made this announcement on Friday in Abuja during the 90th birthday celebration of former Head of State, General Yakubu Gowon. The Lagos-Abidjan Highway […]
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[ICYMI] FULL LIST: States paying above N70,000 minimum wage
In July 2024, President Bola Tinubu approved an increase in the minimum wage for Nigerian workers from N30,000 to N70,000. However, the implementation across states has been gradual, with some still yet to adopt the new minimum wage. While a number of states have pledged to meet the N70,000 minimum wage, others have gone further, […]
Refinery operations boost Dangote’s net worth 100% to $28bn
The commencement of operations of the Dangote Refinery has led to about 100 percent increase in the net worth of Aliko Dangote, Bloomberg Billionaires Index stated on Thursday. According to the Bloomberg Billionaires Index, the commencement of full operations at the oil refinery has substantially boosted the wealth of the industrial magnate. Dangote Refinery, situated […]
Air Peace: US Govt Seeks Forfeiture Of Allen Onyema’s $14million Assets In Amended Fraud Charge
The United States government has asked a District Court, Northern District of Georgia to approve the forfeiture of approximately $14million in assets from Allen Ifechukwu Onyema, the Chief Executive Officer of Air Peace, following a recent superseding indictment. The indictment outlined serious allegations of fraud and money laundering against Onyema and his associate, Ejiroghene Eghagha, […]
Meta deletes 1,600 Facebook groups linked to ‘Yahoo Boys’
Meta, the parent company of Facebook, Instagram, and WhatsApp, has taken down another 1,600 Facebook groups tied to Yahoo Boys. This new crackdown followed an earlier purge in July that saw the removal of 63,000 accounts associated with the scam groups, according to its Q1 2024 Adversarial Threat Report. It also included the deletion of […]
Sahara Desert flooded for the first time in decades
Striking images from the Sahara Desert show large lakes etched into rolling sand dunes after one of the most arid, barren places in the world was hit with its first floods in decades. The Sahara does experience rain, but usually just a few inches a year and rarely in late summer. Over two days in September, however, intense […]
Just In: Lagos to pay N85,000 minimum wage for civil servants – Sanwo-Olu
The Lagos state government has committed to paying a minimum wage of N85,000 to civil servants- higher than the federal government’s approved minimum wage of N70,000. Mr Babajide Sanwo-Olu, Lagos state Governor stated this in an interview on Channels Television where he talked about his government’s plans for the state and effort to address problems. […]
UI organises SME fair on technology, innovation
The University of Ibadan’s Small and Medium Enterprises Fair 2024 is scheduled to take place on November 8-9 at the International Conference Centre. A statement by the convener, Prof. Ruth Adio-Moses, on Tuesday, said that the objective of the fair was to create a platform for participants to share ideas, explore technological advancements, and expand […]
How Minister Olawande transformed youth space in one year — Lawyer
A Senior Advocate of Nigeria, Sunusi Musa, has rolled out the achievements of Minister of State for Youth Development, Ayodele Olawande, in his first year in office. In a statement signed Tuesday, the Abuja-based lawyer, described Olawande’s “Youth4Youth” agenda as instrumental in driving his commitment to serving the youth constituency. “Through various engagement sessions across […]
733m hungry globally, says WTO DG, Okonjo-Iweala
The Director-General, World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala has expressed concern over the Food and Agriculture Organisation( FAO)’s latest figures of 733 million people are facing hunger globally. Speaking at the opening plenary of the World Food Forum in Rome, hosted by FAO, Dr Ngozi Okonjo-Iweala noted: “The FAO’s latest figures show around 733 […]