Nigeria on Track to End Open Defecation by 2025—Minister

By Adedapo Adesanya The Nigerian government has outlined its priorities for the upcoming 28th Conference of Parties (COP) in Dubai, the United Arab Emirates (UAE). Speaking to journalists at a pre-COP workshop organised by the National Council on Climate Change (NCCC), the Director General of the council, Mr Salisu Dahiru, said the country has a number of issues dear to its economy and journey towards climate resilience that it hopes to achieve at COP28. COP 28 is the United Nations Climate Change Conference taking place from November 30 to December 12. COP takes place every year and is the world’s

By Modupe Gbadeyanka A key suspect in the Dangote Cement price slash scam, Mr Benjamin Ezeukwe, has been arraigned in court by the police in Lagos State. A statement issued by the spokesman of the Lagos Command of the Nigeria Police Force (NPF), Mr Benjamin Hundeyin, disclosed that the accused person was taken to court for prosecution after he was arrested in Rivers State. The Police Public Relations Officer, who is a Superintendent of Police (SP), disclosed that Mr Ezeukwe was picked up by police operatives on Thursday, October 19, 2023, in the Rumuolumeni area of Obio/Akpor local government area

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Adedapo Adesanya Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) following the signing of a fresh arrangement. The agreement was signed in the presence of the Managing Director of Tata International Limited, Mr Anand Sen, by the Managing Director of Tata Africa Holdings Pty Ltd, Mr Len Brand. This move will help Tata International build on its existing relationship in the country since 2006 when it established operations in Nigeria. “As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to

Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender recently partnered with the African Export-Import Bank (Afreximbank) and other multilateral agencies to host the maiden edition of the Creative Africa Exchange Weekend (CAX WKND) in Kigali, Rwanda. According to the organizers, the Creative Africa Exchange Weekend is Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry. “CAX is a consolidated marketplace for the creative and cultural industry. It was developed as the catalyst that brings together the identified assets and resources within the creative

By Marcellus van der Merwe In recent months, you have probably seen a plethora of image and text posts produced by artificial intelligence (AI) applications, with DALL-E and ChatGPT featuring as the most popular in their respective fields. For the curious-minded, you may well have already experimented with these or other AI apps. Inevitably, as is the case with any new attention-grabbing app, follows a lot of media speculation on how the application could transform a variety of jobs and industries.  But what about interactive advertising? This is a question worth asking. The sector is, after all, poised to be

By Adedapo Adesanya The Nigerian Independent Petroleum Company (NIPCO) Plc has confirmed that its investment, put at $50 million, is helping push Nigeria’s energy diversification and transition plans, with more in the pipelines. According to Mr Suresh Kumar, the company’s Managing Director, “We have spent more than $50 million on natural gas infrastructure over the years. We believe that there are lots of potential in Nigeria that can be explored for gas utilisation, and this will further boost our economy.” Mr Kumar said that the organisation had deepened gas usage and market penetration in the country through massive investment in

By Investors Hub The major U.S. index futures are pointing to a roughly flat opening on Wednesday, with stocks likely to show a lack of direction after ending the previous session mostly higher. Traders may be reluctant to make significant moves amid uncertainty about the economic outlook amid recent signs of slowing growth. The markets have seen considerable volatility since the Federal Reserve?s monetary policy announcement last Wednesday, when the Fed indicated it no longer plans to raise interest rates this year. The dovish message from the Fed has been described by some analysts as an effort to support the

By Modupe Gbadeyanka The shocking poor performance of Transcorp Plc in the 2019 financial year is giving its board something to worry about. In order to turn the fortunes of the company around, the board is considering some actions. In the 2019 fiscal year, the turnover of the conglomerate depreciated sharply to N76.35 billion from N104.16 billion in 2018. Also, the profit before tax went down to N7.9 billion from N22.4 billion, while the profit after tax fell to N3.79 billion from N20.63 billion, with the earnings per share tumbling to 4 kobo from 23 kobo. Due to the results,

By Dipo Olowookere Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have threatened to go on strike if the Federal Government fails to enforce the implementation an agreement reached among the tripartite partners in the industry. The association has already written to the FG via the Minister of Labour and Productivity, Mr Chris Ngige, lamenting that since the agreement was signed over a month ago, there was not much progress or commitment towards implementing its tenets. In the letter dated August 22, 2016 and signed by the acting General Secretary, PENGASSAN, Comrade Lumumba Ighotemu Okugbawa,

By Adedapo Adesanya The Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Mr Umar Garba Danbatta, has shared his experiences on some of the regulatory models, approaches and best practices being implemented by the commission in promoting a stable telecoms sector and accelerating digital inclusion in Nigeria. Mr Danbatta shared these experiences while receiving a delegation from Autoridade Reguladora Nacional (ARN), the Telecom National Regulatory Authority of Guinea-Bissau who was on a one-week long benchmarking visit to the commission in Abuja recently. The delegation visited the agency to gain insights into its regulatory template as part of the exchange

By Modupe Gbadeyanka An employee of Access Bank Plc in Lagos has landed in hot soup for allegedly stealing about N13.6 million from the accounts of two customers of the financial institution. The suspect, Mr Kolawole Agboola, was on Friday arraigned at the Tinubu Chief Magistrates’ Court in Lagos Island on a three-count charge of conspiracy, fraud and theft, which he pleaded not guilty to. The Idimu, Lagos-based 29-year old banker, according to the prosecutor, Sergeant Hafsat Ajibode, committed the offences between October 2017 and March 2018. The offences contravened Sections 287 (7), 325 and 411 of the Criminal Law