The President, Bola Tinubu, has assured Nigerians of a stronger economy, stating that his reforms are beginning to yield positive results. Tinubu made this remark on Wednesday while presenting the 2025 Appropriation Bill to a joint session of the 11th National Assembly in Abuja. He said, “I report today that our economy is responding positively…
Africa requires over $74 billion in debt servicing this year, with this figure expected to rise significantly when hidden debts and contingent liabilities are factored in, according to the Vice President and Chief Economist of the African Development Bank Group (AfDB), Kevin Urama. The statement was made during his opening remarks at the launch of…
Cocoa futures in New York soared to unprecedented levels as the market faces persistent supply worries. The rising costs are expected to increase the financial strain on chocolate producers and consumers alike. Earlier in the year, the price of the commodity had surged due to poor harvests in West Africa, a key region for cocoa…
Vinícius Jr., Aitana Bonmatí won FIFA’s The Best men’s player of the year award on Tuesday, while Barcelona’s Aitana Bonmatí was named The Best women’s player of the year for the second time. Vinícius lost out to Manchester City’s Rodri for the Ballon d’Or award in October, but clinched The Best title in Qatar. The…
A young woman, Ms. Blessing Ibuku, was among more than 30 individuals paraded by the Delta State Police Command on Tuesday for crimes including robbery, kidnapping, cultism, and murder. The command also announced the recovery of 150 arms, including 32 AK-47 rifles, as part of its ongoing efforts to tackle crime in the state. While…
The Lagos State Building Control Agency, has dismissed allegations of illegal evictions and demolition threats leveled by tenants at 118, Apapa Road, Ebute-Metta (West), emphasizing its strict adherence to the Lagos State Urban and Regional Planning and Development Law, 2019. In a statement issued on Tuesday, LASBCA’s General Manager, Gbolahan Oki, clarified the agency’s operations…
Foreign companies such as Google, Netflix, and Facebook remitted taxes totaling ₦3.85tn to the Nigerian Federal Government in the first nine months of 2024. This marks a significant 68.12% increase from the ₦2.29tn collected during the same period in 2023. Data sourced from the National Bureau of Statistics on Tuesday revealed that the taxes, which…
Aitana Bonmati has picked up the Best women’s player award for the second year running, adding to the two Ballon d’Or trophies she already boasts. “I’m grateful, I’m proud to receive this award,” Bonmati said via video link from Barcelona’s Olympic stadium. Last term, Bonmati led Barcelona to a historic continental quadruple of titles and…
A Bayelsa State High Court has convicted Senior Special Assistant on General Duties to Governor Duoye Diri, Mr. Prudent Oguruguru, on charges of assault. The ruling was delivered on Tuesday by Justice I. A. Orukari in Yenagoa, the state capital. Oguruguru was arrested on February 20, 2024, for allegedly assaulting Ubong Effiong Ubek in the…
As harmattan season approaches, the Lagos State government has launched a public awareness campaign aimed at preventing fire outbreaks in markets across the state. The initiative, led by the Lagos State Safety Commission in collaboration with the Lagos State Fire and Rescue Service seeks to curb fire risks during the dry season and the festive…
