Sultan of Sokoto Sues For Peace In Africa

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

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 President Bola Tinubu has promised fresh growth and job reforms in the coming months after he removed fuel subsidies and directed the float of the Naira to unify the exchange rate. The Nigerian president made this known during his first address at the 78th United Nations General Assembly in New York, the US, after he took over the helm of office from Mr Muhammadu Buhari in May. He said, “To foster economic growth and investor confidence in Nigeria, I removed the costly and corrupt fuel subsidy while also discarding a noxious exchange rate system in my first

By Bliss Okperan The Sokoto State Election Petition Tribunal will on Saturday, September 30, 2023, deliver a judgement on the petition filed by the candidate of the Peoples Democratic Party (PDP) in the governorship election in the state, Mr Sa’idu Umar. Mr Umar challenged the victory of the Governor of Sokoto State, Mr Ahmed Aliyu, who contested the poll under the platform of the All Progressives Congress (APC). He said Mr Aliyu was not qualified to partake in the poll and also alleged electoral fraud during the March 18 governorship election. In a press release, the court stated that, “Take

By Dipo Olowookere Following the success of Merck Cancer Access Program to empower women in oncology field where they are underrepresented, comes another successful initiative for MERCK to empower African women in research to offer better health care to women. After receiving his ‘African Alliances HE for SHE’ award for women empowerment, Prof Frank Stangenberg-Haverkamp has successfully achieved another commitment to empower women in research in an effort to bridging the gap in gender inequality in STEM Africa. UNESCO and Merck celebrate outstanding African Women Researchers as a historical first. Kenya, Botswana, Burkina Faso, Gabon, Uganda, Ethiopia ranked in the

By Hyther Nizam Over the last few years, businesses have been racing to digitise their processes and offerings. Whether you’re working from home, banking online, or doing a quick grocery order, you’ve likely noticed a significant rate of transformation. Given that every aspect of a consumer’s daily life is connected to the digital world, the challenge of digital transformation may be daunting. Traditional ways of developing consumer and internal applications are time-consuming and usually require a large number of development resources. Fortunately, low-code/no-code (LCNC) development platforms empower businesses to quickly create cross-platform applications without writing thousands of lines of code.

By Modupe Gbadeyanka Equity market in Nigeria finished on a downward trend on Tuesday just like the previous day with the major indices also closing in red. Investors today lost N16 billion on stocks at the market with Forte Oil recording the highest price decline after shedding N10.22k on the floor of the Nigerian Stock Exchange. The all-share index went down by 45.69 points or by 0.17 percent to end at 26,540.87 points, while the market capitalisation depreciated by N15.7 billion to finish at N9.132 trillion. Forte Oil, which fell by N10.22k, closed at N94.69k per share, while Total slumped

By Adedapo Adesanya Capital is an integral part of business and its importance cannot be overlooked in Africa; this is why the Most Influential People of African Descent (MIPAD) has called on entrepreneurs to build their profiles so as to ensure easy access to investors and get opportunities and capital for their businesses. This call was made by a panel of honourees comprised of Abayomi Awobokun, CEO, ENYO Retail and Supply; Dr. Ola Brown, Managing Director, Flying Doctors Nigeria; Obi Ozor, Managing Director, Kobo 360 (represented by Samuel Riou); Bunmi Akinyemiju, CEO, Venture Garden Group and Ukinebo Dare, Head, Edo

By Adedapo Adesanya Nigeria’s debt profile has been a source of worry to many and recently, with the current reality in the global economy as a result of the coronavirus pandemic, which coincided with President Muhammadu Buhari’s request for an additional $22.7 billion external loan, there have fresh reservations on the capability of the country to incur more debts. Recently, the Debt Management Office (DMO) warned that the country could not hold its own especially with the impact that the virus is having on the country’s economy, making it impossible to service the debts on ground. According to analysts, the

By Adeniyi Ogunfowoke A car is just like our body. We do not really care about it until we have a headache or something happens. That is when we remember the doctor or hospital. This is not supposed to be the case but many of us do it. Perhaps we are scared of hospitals. It is the same with our cars. Some people just jump in their cars without checking or doing anything and zoom off. This is very risky. It is better to take precautions before you start your car so as to avoid stories that touch. Accordingly, we share the things you must

By Dipo Olowookere Shareholders of Niger Insurance will have to wait a bit longer to have a view of the financial performance of the company in 2020. The underwriting firm disclosed in a statement to the Nigerian Stock Exchange (NSE) on Friday that the delay was caused by the reorganisation of its business structure. It said this affected the preparation of the financial statements, noting that once completed, the documents would be made available to the board for approval before being transmitted to the National Insurance Commission (NAICOM). NAICOM is the agency saddled with the responsibility to regulate activities of

By Dipo Olowookere The winning streaks witnessed on the floor of the Nigerian Exchange (NGX) Limited lately was halted on Thursday as profit-taking in some blue-chip equities pulled down the stock market by 0.13 per cent. Heavyweights like MTN Nigeria, GTCO, Cadbury Nigeria and FBN Holdings came under selling pressure yesterday, bringing down the exchange at the close of transactions despite the strong investor sentiment. Business Post reports that the market breadth closed positive on Thursday as the bourse recorded 15 appreciating stocks and 10 depreciating equities led by Capital Hotel, which dropped 9.80 per cent to sell at N2.76.