Momentum Gathers for Second Adire Lagos Experience

By Bliss Okperan President Bola Tinubu has joined other persons and organisations to rejoice with Muslims all over the globe, particularly in Nigeria, over the birthday celebration of Prophet Mohammed. The federal government declared Wednesday, September 27, 2023, a public holiday for Eid-El-Maulud, and the President, as well as his opponent in the 2023 presidential election, Mr Peter Obi of the Labour Party (LP), has joined to celebrate the day. In a statement from the State House in Abuja, Mr Tinubu urged Muslims to use the day “for deep introspection and fervent prayers,” stressing they should “make deliberate efforts to

By Bliss Okperan A news report filtering in indicates that a part of the Supreme Court complex in Abuja has been gutted by fire. The incident, according to what Business Post gathered, happened on Monday morning. It was said that offices of three justices were affected by the inferno, whose cause is yet unknown at the time of filing this report. Details later…

By Adedapo Adesanya Nigeria faces a crippling fertiliser shortage as 34,000 metric tonnes of Russian Fertiliser meant for Nigeria is stuck at ports in the European Union (EU) as a result of continued war in Ukraine. Russia’s Foreign Minister, Mr Sergey Lavrov, confirmed this development on Saturday at the 78th United Nations General Assembly (UNGA) in New York, noting that 260,000 metric tonnes of Russian fertilisers have been stranded in EU ports since 2022. According to Russian News Agency, TASS, Mr Lavrov informed reporters that, “We are ready to give these fertilisers to African countries for free. It took six

By Adedapo Adesanya The House of Representatives has urged the Federal Ministry of Power and the Transmission Company of Nigeria (TCN) to urgently provide funds for the completion of the Okpai–Kwale Transmission Line Project in Delta State. At the plenary on Tuesday, the lower chamber of the parliament mandated its Committee on Power to ensure that bottlenecks mitigating against the completion of the project are effectively addressed and the project is completed in due time. This followed a motion moved by Mr Nnamdi Ezechi, the lawmaker representing Ndokwa/UKwuani Federal Constituency in the National Assembly on the floor of the green

By Adedapo Adesanya The Indian government on Monday announced the ban of 59 apps developed by Chinese firms in retaliation for the June 15 clashes between both countries in which 20 Indian soldiers died in action. In a statement, the government said the apps were blocked “in view of the information available they are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order”. ByteDance’s TikTok,  which counts India as its biggest market, Community and Video Call apps from Xiaomi, which is the top smartphone vendor in India, UC Browser,

By Kester Kenn Klomegah Russia’s alleged involvement in the political change on August 18 in Mali, a former French colony with the fractured economy and breeding field for armed Islamic jihadist groups (some of which are reportedly aligned with Al Qaeda and ISIS), demonstrates the first drastic step towards penetrating into the G5 Sahel in West Africa. The G5 Sahel are Burkina Faso, Chad, Mali, Mauritania and Niger. Despite this widely published allegation, Moscow officially said it was seriously concerned about the developments in Bamako and further urged “all Malian public and political forces to settle the situation peacefully at

By Ebitonye Akpodigha Chairperson of the African Union Commission (AUC), Dr Nkosazana Dlamini Zuma, is expected to arrive in Lomé, Togo, next week for the African Union’s Extraordinary Summit on Maritime Security, Safety and Development in Africa, scheduled to take place from 11-15 October 2016. The Chairperson confirmed her arrival to President Faure Gnassingbé when they met at the Sheraton Hotel in Addis Ababa, Ethiopia, on Wednesday 5 October 2016. President Faure Gnassingbé was in Ethiopia on a two-day official visit during which, together with the AU Commission Chairperson, discussed the state of preparations of the Extraordinary Summit. “We’re looking

By Modupe Gbadeyanka Newly appointed Managing Director of Jumia Travel Nigeria, Omolara Adagunodo, has described Ghana as a better destination for weddings than Dubai. Adagunodo made this known at the just-concluded Akwaaba Travel Market which held for 3 days at Eko Hotel & Suites in Lagos, where she was on a panel discussion which dissected the topic ‘Destination Weddings As A Tourism Product: Famous Honeymoon Spots Nigerians Visit.’ According to her, “I will recommend Ghana as a more preferable destination for weddings because it’s much cheaper in terms of cost and much closer in terms of distance – a flight

By Okechukwu Keshi Ukegbu The sharp and continuous fall of oil prices globally has forced governments to deploy the resources and potentials that abound within their territories to achieve economic growth. Abia State is keying into this trend to actualise the dry port project sited at Avor Ntigha in Isiala Ngwa North Local Government Area of the state. There have been consistent efforts towards the inauguration of the Inland Dry Port Project Implementation Committee a few years back. The action, according to Governor Okezie Ikpeazu, is aimed at opening access to trade and commerce in the state. It was also

By Dipo Olowookere The federal government went to the debt market on Wednesday to raise some funds through the issuance of local bonds to interested investors. The exercise was conducted on behalf of the government by the Debt Management Office (DMO) and two tenors were auctioned to subscribers. According to results of the bond sale released by the DMO, the notes auctioned yesterday were the 15-year bond and the 25-year bond, both reopening. During the exercise, N30.0 billion worth of the 15-year instrument with an actual maturity of 14 years and 3 months was auctioned, while another N30.0 billion was

His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja, wednesday, 19TH December 2018 PROTOCOLS – 1. It is my pleasure to present the 2019 Budget Proposals to this Joint Session of the National Assembly. 2. This being my last budget speech to the 8th National Assembly, I will review economic developments over the past three and a half years with particular emphasis on 2018. I will then highlight the budget proposals for 2019. The full details of which will be given by the Honourable Minister of Budget and National Planning.

By Dipo Olowookere UK Prime Minister’s Trade Envoy, Sir Jeffrey Donaldson MP and over 40 delegates from British companies arrived to Egypt to visit Cairo and Alexandria to assess new trade and investment opportunities and identify potential Egyptian partners. UK Trade Envoy Sir Jeffrey Donaldson said: This is the first time a majority of these companies have visited Egypt, showing the UK is putting its money where its mouth is in regard to new business. 2016 saw investments from UK companies reaching over $30 Billion, and 2017 is already delivering on the UK’s commitment to further deepen cooperation and help