Clinton, Trump Clash At First Presidential Debate

By Kestér Kenn Klomegâh As stipulated by the guidelines, Russia takes over the rotating chairmanship of BRICS (Brazil, Russia, India, China and South Africa) from January 2024. There are high hopes a lot more will change, especially towards widening its numerical strength and increasing support for the Global South. In addition, there is also the expectation that BRICS will consolidate its role within the emerging geopolitical processes and global competition for Africa. China and Russia are currently making efforts to assert influence more aggressively, despite the challenges and obstacles, in cooperating with Africa. According to authentic reports, a number of

By Kestér Kenn Klomegâh Russia, the largest country in the world by area, has a population of 147.2 million, according to the population census. In the 2021 census, it was said that roughly 81% of the population were ethnic Russians, and 19% of the population were ethnic minorities. Demographers say Russia has become increasingly reliant on immigration to maintain its population. Russia’s population is increasingly decreasing since the start of its invasion of neighbouring Ukraine in late February 2022. The demographic crisis has deepened primarily due to high military fatalities while simultaneously facing renewed brain drain and human capital flight

By Professor Maurice Okoli As stipulated by the guidelines, Russia will take over BRICS [Brazil, Russia, India, China and South Africa] from January 2024.  With the heightening of geopolitical tensions, Russia’s priority focus is on the group’s possible enlargement to counter U.S. hegemony. It plans to push seriously for critical reforms in the international financial architecture and create a solidified platform for building an equitable multipolar world order. In the past few years, the BRICS group has taken a number of broad initiatives that aim at countering hegemonic policies and against the collective West for imposing the ‘rules of the

By Dipo Olowookere The continuous rise in the prices of food items in Nigeria occasioned by the closure of the land borders for over a year and the high cost of transportation caused by the jump in the cost of fuel have raised the inflation rate in the country. On Monday, the National Bureaux of Statistics (NBS) released the inflation numbers of the country for the month of October 2020. According to the stats office, the consumer price index, which measures inflation, increased year-on-year by 14.23 per cent. When compared with the previous month of September 2020, which stood at

By Aduragbemi Omiyale The Lagos State government has stressed that the decision to ban the use of commercial motorcycles, otherwise known as Okada, on highways was to protect residents of the metropolis. The Commissioner for Transportation, Mr Frederic Oladeinde, while addressing journalists in Ikeja, said Okada operations were becoming a menace and that as a responsible government, it was necessary to take an action. On Thursday, September 1, 2022, the state government extended the ban on Okada to Kosofe, Oshodi-Isolo, Shomolu and Mushin Local Government Areas and Ikosi-Isheri, Agboyi-Ketu, Isolo, Ejigbo, Bariga and Odi-Olowo local council development areas (LCDAs). The

By Dipo Olowookere Governor Akinwunmi Ambode of Lagos State has disclosed that not less than $30 billion is required to carry out about 30 capital projects in the state in the next five years. Mr Ambode made this disclosure on Monday when he spoke shortly before inaugurating a 12-member Economic Advisory Committee at the Lagos House, Ikeja. He said the projected figure represents about $6 billion per annum,  whereas the provision for capital projects in the 2017 budget is pegged at N500 billion (about $1.6 billion). Alluding to the fact that the projection clearly shows that government alone cannot address

Customers in this age of technology advancement are dynamic and spoiled for choice, as numerous brands jostle for their attention and patronage. To command wallet share and improve retention for brand loyalty, it is important that product manufacturers and handlers are consumer-driven, understand customer dynamics and reach them with the right product, in the right place and at the right time. In recent years, e-commerce and its accompanying delivery service apparatus have sparked a fast-growing sales trend and real-time last-mile delivery in Nigeria. To maintain relevance, small and big brands are utilizing available e-commerce platforms and logistics services to meet

Professor Ishaq Oloyede, who was recently appointed by President Muhammadu Buhari as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), has promised to continue the implementation of good policies embarked upon by his predecessor, Professor Dibu Ojerinde. Speaking during the official handing over ceremony and his resumption in office at the headquarters of JAMB in Abuja, Prof Oloyede said he is not coming to change some policies, but rather look into them and see how to make them better where necessary. He thanked Prof Ojerinde for the wonderful experience of working with him and promised to keep

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has disclosed plans to fund 1.6 million farmers across the country for the 2020 wet season. This was disclosed by the CBN Director, Development Finance Department, Mr Yila Yusuf, during the flag-off of Farm Inputs Distribution for cotton farmers for 2020 planting season in Kwali, Abuja. Represented by Mr Ayoola Quadri, the Director explained that the bank would finance the farmers under the bank’s 10 focal commodities which would cut across the value chains. The apex bank’s special intervention plan for the next five years (2019 to 2024) covers: Rice, Maize,

By Adedapo Adesanya The decision of President Muhammadu Buhari not to publicly let Nigerians know if he’s investigating the allegations of N3 billion of public funds alleged to be missing from the Federal Ministry of Finance has pitched him against a group. On Sunday, January 30, 2022, the Socio-Economic Rights and Accountability Project (SERAP) said in a statement that it has filed a lawsuit against the President over the matter. A Deputy Director of SERAP, Mr Kolawole Oluwadare, said there have been allegations by the Office of the Auditor-General of the Federation in the 2018 and 2019 annual audited reports

By Kester Kenn Klomegah Vice-President of the Chamber of Commerce and Industry of the Russian Federation, Mr Vladimir Padalko, has described the African market as very promising for Russian companies, especially those intending to localize their production on the continent blessed with several resources. In this insightful interview with our Media Executive Kester Kenn Klomegah, he also discussed the existing challenges and emerging prospects especially for strengthening trade and economic relations with Africa, amid unprecedented stringent sanctions by the United States, European Union and their Pacific allies. Here are the interview excerpts: What can we expect from the second Russia-Africa