Africa
NDIC commence auction of landed properties, Chattels of defunct Heritage bank
In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced process for the auction of landed properties and chattels of the failed bank. This exercise is in pursuant of the Corporation’s statutory powers…
Read More »OSIMHEN SCORES BRACE AS GALATASARAY EDGE SPURS IN 3-2 CLASH
Tottenham Hotspur missed the chance to top the UEFA Europa League table as they fell to a 3-2 defeat to Galatasaray at RAMS Park. Ange Postecoglou’s side were so often masters of their own downfall as Victor Osimhen, the on-loan Napoli striker, bagged a brace to add to Yunus Akgun’s…
Read More »LUIS DIAZ HAT-TRICK SEES LEVERKUSEN BOSS XABI ALONSO LOSE ON LIVERPOOL RETURN
Luis Diaz scored Liverpool’s first Champions League hat-trick in two years as they extended their 100 per-cent record to four matches with a 4-0 victory over Bayer Leverkusen as former midfielder Xabi Alonso endured a miserable return to Anfield. Diaz’s impudent chip was followed by Cody Gakpo’s fourth goal in…
Read More »MANCHESTER CITY GETS 4-1 THRASHING BY SPORTING IN RUBEN AMORIM’S HOME FAREWELL
Ruben Amorim endeared himself to Manchester United fans before even arriving at Old Trafford by engineering a stunning 4-1 defeat of Manchester City with Sporting Lisbon. The Portuguese was taking charge of his final home match as Sporting boss before officially starting work as United’s head coach and watched as…
Read More »IMF retains global growth at 3.2%, as inflation recedes
The International Monetary Fund (IMF), says global growth is projected to remain unchanged at 3.2 per cent in 2024 and 2025, as Inflation recedes. This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy Pivot, Rising Threats,” released on Tuesday during the IMF/…
Read More »Every $1 invested in digital technology generates $8 for Nigerian economy – Research
Google, governments and stakeholders have called for collaborative effort to advance Nigeria’s digital economy and support businesses facing economic headwinds. The stakeholders on Tuesday emphasised the importance of working closely with the government while investing in technology and digital skills development to bridge the talent gap. According to the West Africa…
Read More »ECOWAS Parliament: Guinean President restates Commitment to regional Cooperation
By Abiodun Folarin The President of National Council for the Transition of Guinea, Rt. Hon. Dr Dansa Kourouma, has restated his country’s commitment to regional cooperation and democratic values. Dr Kourouma, made this submission in a speech delivered at the ongoing ECOWAS Parliament delocalised meeting, on Tuseday in Conakry, Republic…
Read More »Nigeria Reaffirms Commitment to Strengthening Partnership with Indonesia at the Second Indonesia-Africa Forum
By Abiodun Folarin The Federal Republic of Nigeria has underscored its commitment to deepening ties with Indonesia, highlighting the untapped economic potential and promising avenues for collaboration. This was affirmed during the second Indonesia-Africa Forum, held from September 1-3, 2024, in Bali, Indonesia. Representing President Bola Ahmed Tinubu, Nigeria’s…
Read More »FG seeks global collaboration to address water shortage in developing nations
The Federal Government has called for a stronger collaboration and practical action from world leaders to achieve access to clean and sustainable water and improve sanitation services for citizens particularly in developing countries. Minister of Water Resources and Sanitation Engr Professor Joseph Terlumun Utsev made the call at the ongoing…
Read More »Dangote dismisses speculation of N600/litre fixed petrol price
Ahead of the expected commencement of petrol release to Nigeria’s market this month, Dangote Petroleum Refinery has reacted to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published by a national newspaper of Tuesday August 13,2024, saying it was a mere speculation. A statement by Anthony Chiejina, Group Chief Branding and…
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