archiveOctober 18, 2023

The International Monetary Fund (IMF) has predicted that South Africa may overtake Nigeria as Africa’s largest economy, according to its World Economic Outlook. South Africa, the most industrialised country on the continent, aims to achieve a gross domestic product (GDP) of $401 billion by 2024. However, at current prices, Nigeria...

  The Lagos State government says it is on the move to increase the entertainment industry’s contribution to the nation’s gross domestic product (GDP) to six per cent by 2030. Governor Babajide Sanwo-Olu of Lagos State said this on Wednesday during the ground-breaking ceremony for the Lagos Film City at...

  “We are moving the Senate all the way to Akwa Ibom for the next four days.” The Senate President, Godswill Akpabio, who spoke to newsmen on Wednesday, October 18, shortly after an audience with President Bola Tinubu at the Presidential villa, Abuja, said that the President needs to be...

  The Lagos state government on Wednesday, October 18, alerted residents downstream of the Ogun River of the likelihood of experiencing flood this month (October). The government directed residents of about 18 areas to relocate immediately, Channels Television reported. In a statement, spokesperson for the Ministry of Environment, Kunle Adeshina,...

  The new Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, says about ₦2.9 trillion meant for some government projects was diverted into personal use by contractors between 2018 and 2020. Olukoyede disclosed this on Wednesday when he appeared before the Senate for screening. The upper...

The Senate on Wednesday, October 18, 2023 confirmed the nominations of Mr. Ola Olukoyede and Mr. Muhammad Hammajoda, as Executive Chairman, Economic and Financial Crimes Commission (EFCC) and Secretary of the Commission respectively. Their confirmation came after being screened and allowed to address the upper legislative chamber at plenary.   Olukoyede ...

President Bola Tinubu has given the approval for the commencement of academic activities of six out of the 14 new universities established in the last days of President Muhammadu Buhari’s administration. The Minister of Education, Tahir Mamman, made this known on Wednesday, after a closed-door meeting with President Tinubu at...

The Nigerian National Petroleum Company Limited (NNPCL) has appointed Mr Olufemi Oladapo Soneye as its Chief Corporate Communications Officer. In a statement on Wednesday, the oil giant described Soneye as a seasoned journalist with full-time and freelance experience at some of the world’s most respected publications in Nigeria, Australia, and...

Amo Farm Sieberer Hatchery Limited (AFSH) joins other organisations and people around the world in celebrating this year's World Food Day. AFSH is committed to advancing agricultural development in Nigeria through its nutritious protein products, which help improve the lives of Nigerians. This year's theme, "Water is Life, Water is...

All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America. Labeled as FITCC Houston, the second edition of the international expo will take place from the 24th to 25th of October, 2023 at the plush George R....