Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below the historical (2000–19) average of 3.8 percent. The rise…
A former member of the House of Representatives, Farouk Lawan, has been released from prison after serving his five-year sentence for soliciting and accepting a $500,000 bribe from Nigerian businessman, Femi Otedola. Lawan, who once chaired the House of Representatives ad-hoc committee investigating fuel subsidy fraud, was initially convicted in 2021. The bribe was allegedly…
The minister spoke on Monday at the official Flag-Off Ceremony of the Design and Construction of 40 Judges’ Quarters at the nation’s capital. Minister of the Federal Capital Territory (FCT), Nyesom Wike, has recalled how he revoked the certificate of occupancy (C of O) of some plots of land allocated to German construction giant, Julius…
Controversial cross dresser crossdresser, Idris Okuneye popularly known as Bobrisky, has been arrested by the Benin Republic Immigration Service at the popular Seme border during passport checks. Popular social media influencer, Martins Ortse, also known as VeryDarkMan, via an Instagram post on Monday, broke news on the arrest of Bobrisky. Nigeria Immigration Service (NIS) spokesman,…
Dangote Group has described the reported lawsuit against the Nigerian National Petroleum Corporation (NNPC) Limited and other oil companies, seeking to revoke their import licenses, as “an old issue.” In a statement on Monday, the group’s communications officer, Anthony Chiejina, clarified that the proceedings are currently on hold, with plans for a complete withdrawal by…
Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has ordered immediate investigation of alleged bribery allegations imputed to some officers of the Commission by Idris Okuneye(a.ka.a Bobrisky) in a viral video circulating across the country. Okuneye, an ex-convict had alleged in the video powered by Martins Vincent Otse( a.k.a VeryDarkMan)…
Cameroon’s President Paul Biya returned to his home country after weeks abroad amid rumors that his health is failing, a state-run television station reported Monday. The 91-year-old president of the West African country appeared on television at the airport in the capital Yaounde, shaking hands with officials next to his wife Chantal and greeted by…
The three Constitutional Court judges presided over a presidential petition in 2016 in which they dismissed Hichilema’s challenge against the election victory of former President Edgar Lungu. They also took part in a controversial ruling allowing Lungu to stand in the 2021 elections, despite having twice served as Zambia’s president. Their dismissal comes after they…
Channels Tv Interview With Iyinooluwa Aboyeji, CEO And Founding Partner Future Africa
Former President of Nigeria, Olusegun Obasanjo, says the growing number of out-of-school children in the country poses a great security risk for the nation in the future. He said that the over 20 million out of school children in Nigeria are only being prepared for recruitment into Boko Haram and banditry in the next 10…
