The global trade finance gap grew to a record $2.5 trillion last year from $1.7 trillion in 2021, according to an Asian Development Bank (ADB) survey released, on Tuesday, in Manila, Philippines. This is because continued constraints reduced the capacity of banks to deliver trade financing. The trade finance gap is the difference between requests […]
By Our Correspondent The Nigerian Communications Commission (NCC) says it is set to host 54 countries for the 12th edition of the Africa Internet Governance Forum (AfIGF 2023). Reuben Muoka, NCC’s Director of Public Affairs, said in a statement, on Tuesday, that the four-day event would start on Sept. 18 in Abuja. NCC will host […]
By Abdulfatah Babatunde The Inspector General of Police (IGP) has set up a seven-man Panel of Inquiry to investigate the cause of the tragic death of a police cadet at the Nigeria Police Academy (POLAC), Wudil, Kano State. Force Public Relations Officer, ACP Olumuyiwa Adejobi, announced this in a statement emailed to TheNewsZenith on Tuesday […]
From Our Correspondent in Benin The management of Ambrose Alli University (AAU), Ekpoma in Edo State has suspended academic activities indefinitely, following prolonged student protest. The institution’s Head of Corporate Affairs, Otunba Mike Aladenika, announced the suspension in a statement on Tuesday. TheNewsZenith reports that students have been protesting against an alleged increase in school […]
By Our Correspondent Gov. Babajide Sanwo-Olu of Lagos State, on Monday, assured users of the Blue-Line light rail of maximum security while on board the system. Sanwo-Olu gave the assurance as he joined the rail as its first passenger during its inaugural commercial operation. Speaking after a ride on the light rail, he expressed gratitude […]
By Our Correspondent Vice-President Kashim Shettima has advised political aides to avoid any actions capable of tarnishing the reputation of President Bola Tinubu’s administration. Shettima gave the advice at the opening of a retreat and sensitisation programme for political aides and senior Civil Servants on Monday in Abuja. The topic of the programme is “Forging a […]
Somali National Army (SNA) said its forces, on Monday, killed 43 al-Shabab militants and injured several others after conducting an operation in Galgaduud region, central Somalia. The Ministry of Information, Culture and Tourism announced the killing in a statement issued in Mogadishu, the capital of Somalia. The ministry said, that the SNA forces also destroyed […]
By Our Correspondent Three experts in aquaculture sub-sector have called for intervention of the Federal Government to enhance its growth and productivity. They spoke in separate interviews with the newsmen on Monday in Lagos. Mr Bashir Amin, a fishmonger and consultant, said the two new ministries – Ministriers of Agriculture, and Marine and Blue Economy, […]
By Our Correspondent A Surulere Chief Magistrates’ Court in Lagos, on Monday, sentenced 25-year-old security guard, Edu Nkanu, to seven years in prison for stealing. Nkanu, who resides at No 14, Babatunde St., Off Ogunlana Drive, Surulere. Lagos faces charges of stealing compressors of air conditioners valued at N380,000 belonging to his employer. The Magistrate, […]
By Our Correspondent Public and private schools in many areas of Lagos experienced a very low turnout of students as schools resumed the 2023/2024 academic session on Monday, TheNewsZenith reports. Our correspondent visited schools in Mushin, Yaba, Lagos Mainland and Apapa among others to observe the schools’ resumption. The correspondent noticed a few parents dropping […]