UAE: Emaar’s ‘Light Up 2018’ Sets Guinness Record

By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. This was a core message in an address to the Africa International Exhibition on the sidelines of the United Nations General Assembly in New York by Mrs Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade Bank, speaking on behalf of Bank President Mr Benedict Oramah. She said that SMEs participating directly in global trade face stiff competition from

By Kestér Kenn Klomegâh The 17th Toronto Global Forum was held under the theme Fostering Economic Resilience from October 11-13, 2023, in Toronto Canada. According to reports, the forum gathered over 170 speakers and more than 3,000 attendees from all over the world. The central themes at the Toronto Global Forum revolved around the global economy, infrastructure, finance, innovation, energy and sustainable development. Through its ability to foster connections and collaboration, the Toronto Global Forum stands as an exceptional and distinctive platform bringing together decision-makers from all spheres of society to tackle the most pressing issues of the changing times.

By Adedapo Adesanya Three scientists will share the Nobel Prize in Physics as the Royal Swedish Academy of Sciences recognised Pierre Agostini, Ferenc Krausz and Anne L’Huillier as this year’s recipients for experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter. The three Nobel Laureates in Physics 2023 were recognised for their experiments, which have given humanity new tools for exploring the world of electrons inside atoms and molecules. BREAKING NEWSThe Royal Swedish Academy of Sciences has decided to award the 2023 #NobelPrize in Physics to Pierre Agostini, Ferenc Krausz and Anne L’Huillier

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 Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed in the positive zone on Friday, July 23  following a 0.24 per cent growth. This pushed the total value of the local unlisted securities market higher by N2.13 billion to N1.010 trillion at the close of business from the previous day’s N1.008. Consequently, the NASD Unlisted Securities Index (NSI) increased by 1.83 points to wrap the session at 766.92 points compared with 765.09 points recorded in the previous session. The market breadth, on its part, closed at equilibrium as there was no single price gainer or price loser when the

By Dipo Olowookere The Editor-in-Chief of a leading online news portal in Ghana, News Ghana, Mr Roger Agambire Agana, has emerged winner of an award in the ‘Forty under 40 Award’ held at the Kempiski Hotel in Accra recently. Mr Agana was nominated in two categories; Journalism (Radio/TV/Print) and Media (Digital & Social). Out of the two nominations and with stiff competition from other media personalities in the West African country, the Editor-In-Chief of News Ghana was adjudged winner of the Digital & Social Media category under the awards. He beat competition from media gurus including Ms Anita Erskine of

By Modupe Gbadeyanka Hospital and tourism establishments in Lagos State are set to reopen for business after being shut down for over four months by the state government. The reason for the closure was to contain the spread of Coronavirus disease in the metropolis. The government has been reopening different sectors of the economy gradually. A statement issued over the weekend by the Commissioner for Tourism, Arts and Culture, Mrs Uzamat Akinbile-Yussuf, said the administration of Governor Babajide Sanwo-Olu has come up with some modalities to be followed by practitioners. According to her, the protocols and guidelines are meant to

By Dipo Olowookere The Oyo State Public Service Joint Negotiating Council has commended Governor Abiola Ajimobi for the continuous payment of salaries and pensions in the state, saying that his leadership has no rival for opening the State to global influence and recognition in all areas. The JNC made this commendation in an appreciation letter sent to the Governor and signed by its State Chairman and Secretary, Comrade Emmanuel Ogundiran and Comrade Dupe Adewoye respectively. The PSJNC noted that the continuous payment of salaries/pensions especially offsetting two months consecutively for three months now was nothing but a reflection of the

By Sodeinde Temidayo David, Ashemiriogwa Emmanuel The federal government of Nigeria has signalled its interest to venture into the manufacturing of aircraft in the country. The Minister of Aviation, Mr Hadi Sirika, disclosed this in a statement issued by the ministry’s Director of Public Affairs, Mr James Odaudu. He said Nigeria was looking to start local aircraft production with the assistance of the Magnus Aircraft Manufacturing industry in Hungary. Mr Sirika paid an inspection visit to the Magnus Aircraft Industry in Pogany, Hungary on Monday and he said he was satisfied with the features of the aircraft and was willing

By Adedapo Adesanya The Kwara State Government has called for collaboration among stakeholders in tackling outbreak of animal diseases in the state. Mr Muritala Olarewaju, the Commissioner for Agriculture and Rural Development, made the call on Saturday in Ilorin while declaring open a stakeholders sensitisation workshop on Rabbit Hemorrhagic Disease (RHD) outbreak. The workshop, which had in attendance stakeholders in livestock business and veterinary medical officers, was organised by the Federal Ministry of Agriculture and Rural Development in conjunction with its state counterpart. Mr Olarewaju said some disease containment equipment were distributed to the ministry’s veterinary field officers to enhance

By Adedapo Adesanya The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured consumers that the entry of coronavirus in Nigeria will not result into scarcity of petroleum products as there are enough in stock to cover for the next 40 days. The deadly disease, now present in over 50 countries, has affected sales of commodities at the markets, with Nigeria recording its first case on Thursday, February 27 from an Italian national who came into the country from Turkey. In a statement signed by the Executive Secretary of the agency, Mr Abdulkadir Saidu, over the weekend, the PPPRA said despite

By Adedapo Adesanya The oil market tumbled more than 3 per cent on Tuesday as fear gripped the market following the cancellation of a meeting of producers as a result of disagreement to increase supply. Consequently, the Brent crude fell to $74.55 per barrel after dropping $2.63 or 3.4 per cent, while the United States West Texas Intermediate (WTI) crude lost $1.79 or 2.4 per cent to settle at $73.47 per barrel. On Monday, ministers from member states of the Organization of the Petroleum Exporting Countries and allies (OPEC+) abandoned talks after negotiations failed to close divisions between Saudi Arabia,