UK Police Charges Diezani Alison-Madueke With Bribery

By Bliss Okperan The Minister of FCT, Mr Nyesom Wike, has been advised to extend an olive branch to the Governor of Rivers State, Mr Siminialayi Fubara. The Minister, who handed over the reins of Rivers State to Mr Fubara, has been at loggerheads with his successor. A few weeks ago, some lawmakers of the Rivers State House of Assembly loyal to Mr Wike attempted to impeach the Governor, but President Bola Tinubu quickly intervened and doused the tension. However, all is still not well with both parties, with the Minister granting an interview last week to accuse his ‘political

By Adedapo Adesanya President Bola Tinubu on Wednesday departed Abuja for Dubai, the United Arab Emirates, to attend the COP28 Climate Summit which takes place from December 1 —2, 2023, with the theme Unite, Act, and Deliver. According to the presidential spokesman, Mr Ajuri Ngelale, the President will be using the platform to advocate for funding as well as technical support to tackle the array of climate problems facing the country. He said Mr Tinubu was “mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, will maximise

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

By Dipo Olowookere A total of 30 stocks appreciated in price on the floor of the Nigerian Exchange (NGX) Limited on Thursday as investors sustained their interest in the local equities. The price gainers were led by Guinness Nigeria after its share price rose by 10.00 per cent yesterday to settle at N55.00, while Total Energies grew by 9.92 per cent to N264.90. UPDC appreciated by 9.90 per cent to N1.11, RT Briscoe improved by 9.09 per cent to 36 kobo, while University Press gained 8.16 per cent to sell for N2.65. On the losers’ log, there were nine members

By Adedapo Adesanya Germany is considering tapping into Nigeria as a partner for its natural gas needs in an effort to secure and diversify its energy supply. This was disclosed by Chancellor Olaf Scholz during a visit to the Nigerian capital Abuja on Sunday after a meeting with President Bola Tinubu. According to the German Chancellor, Germany has a significant need for natural gas and, in the future, hydrogen for its economy and its energy transition, and “Specific gas quantities would have to be agreed upon in negotiations between Nigerian producers and German traders.” “It is important to use the

By Olutayo Irantiola The journey of life might not be as smooth as desired but the intrinsic value attached to life always glow when one contributes his meaningful quota to humanity. The late Pa Paul Olayiwola Ajao is one of the unsung heroes in the evolution of the Nigerian documentaries and film making community. His life cannot be forgotten most especially by those that he made contact with during his earthly sojourn within corporate and social Nigeria. He was an exemplary gentleman that you cannot measure his worth from his face but he was indeed a great man. Pa Ajao,

By Dipo Olowookere The Nigerian Exchange (NGX) Limited recorded a slow growth on Wednesday as the market breadth remained negative with 19 price losers and 16 price gainers. However, Cutix shares moved higher with double-digit growth as it appreciated by 10.00 per cent to top the gainers’ chart at the midweek session to settle at N5.50. Veritas Kapital gained 8.70 per cent to finish at 25 kobo, Tripple Gee rose by 7.78 per cent to 97 kobo, Presco appreciated by 3.71 per cent to N72.60, while NAHCO improved by 2.44 per cent to sell at N2.52. At the other end,

By Adedapo Adesanya The World Bank has raised its projection for Nigeria’s gross domestic product (GDP) for 2021 to 2.4 per cent from the previous 1.8 per cent. The latest projection was contained in the bank’s Africa Pulse, a biannual analysis of the near-term macroeconomic outlook for the region. The global lender said the expected growth in the nation’s economy would be largely supported by the service sector. However, the rate remains low compared to non-resource-rich countries, such as Côte d’Ivoire and Kenya, which are expected to recover strongly from the pandemic at 6.2 and 5.0 per cent, respectively. “Nigeria’s

By Dipo Olowookere An application, which offers West African students a holistic curriculum-relevant learning experience in Mathematics, Physics, Chemistry and Biology, has been launched by Nigeria’s Ed-tech startup, uLesson Education Limited. The app, uLesson, allows students in Nigeria (SS1-3), Ghana (SHS1-3), Liberia (Grade 10-12), Sierra Leone (S1-3), and Gambia (S1-3) prepare for critical regional exams like WASSCE, SSCE, GCE and UTME as well as international tests like the SATs. A statement from app developer explained that uLesson employs a simple and personalised approach to learning, leveraging quality lesson plans from the best tutors to amplify each student’s learning ability. Thus,

By Modupe Gbadeyanka No fewer than 50 Facebook and Instagram creators met in Lagos for an event hosted by Meta, the parent company of the social media platforms, for an empowerment programme tagged Creators Day. The event provided an avenue for content creators to learn new ways to monetise their creativity through an initiative called Reel. The beneficiaries, drawn from various sectors like tech, lifestyle, entertainment, travel, beauty and fashion, attended a series of workshops to empower them to establish and grow their brand, reach their audience and earn a living while doing what they love. During the workshops, creators

**Urges Buhari to Sack Her By Modupe Gbadeyanka The Centre for Anti-Corruption and Open Leadership (CACOL) has appealed to President Muhammadu Buhari to urgently remove Mrs Kemi Adeosun as Minister of Finance. The organisation, at a press briefing in Lagos yesterday, said the Minister has shown not to be capable of leading the Nigerian economy to greatness. Executive Director of CACOL, Mr Debo Adeniran, said at the media conference that Mrs Adeosun has been everything but impressive and constantly appears to be confused on policies and in-depth understanding of economic management. Mr Adeniran said, “The economic terrain under her watch