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Oil & Gas

Fuel scarcity: Marketers blame import bottlenecks, unstable FOREX

By Our Correspondent The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed import bottlenecks and showering foreign exchange challenges to the current scarcity of petrol. Mr Mike Osatuyi, the Operations Controller of lPMAN, announced this to newsmen in Lagos on Sunday. Osatuyi said this became necessary to inform the general public against the backdrop […]

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Politics

Atiku promises to increase funding for arts

By Our Correspondent Atiku Abubakar, People’s Democratic Party’s (PDP) Presidential candidate says he will increase funding for Creative Arts if elected president in 2023. Abubakar made the promise at a roundtable discussion with Nigeria’s creative cultural and innovative industry stakeholders, on Saturday in Lagos. He also pledged to liberalise the process of Art acquisition once, […]

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Foreign News National

Buhari seeks closer tie to combat rising threats in W/Africa 

President Muhammadu Buhari has called for greater cooperation among neighbouring countries with Nigeria to better combat the multiplicity of threats across West Africa and the Sahel. A statement issued by Garba Shehu Senior Special Assistant to the President (Media & Publicity), on Friday in Abuja quoted Buhari as speaking in Niamey, Niger Republic. The President […]

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Uncategorized

PDP hails Lagos governorship candidate @ 45

By Our Correspondent The leadership of the Peoples Democratic Party (PDP) in Lagos State has congratulated its governorship candidate, Dr Abdul-Azeez Adediran (Jandor), as he clocks 45 years on Friday. The State PDP Publicity Secretary, Mr Hakeem Amode, in a congratulatory statement, praised Adediran’s dexterity, love and passion for the masses. “The Lagos PDP is […]

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Foreign News

Ukraine sets up 3,720 emergency shelters

Ukrainian authorities have set up 3,720 emergency shelters across the country amid an energy supply cutoff after Russia’s missile attack on energy infrastructure. Kyrylo Tymoshenko, Deputy Head of the Ukrainian President’s office, announced this on Telegram on Thursday. The centres, equipped with power generators, will provide people with heat, electricity, water, internet and medicines. About […]

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Foreign News

Dormitory fire kills 3 schoolgirls in Tanzania

A dormitory fire killed at least three schoolgirls and injured 29 others, on Wednesday in Tanzania’s northern region of Shinyanga, the Police said. Janeth Magomi, the Shinyanga Regional Police Commander, confirmed the incident. Magomi said the fire razed a dormitory at Buhangija primary school in the Shinyanga municipality. “The fire killed three girls and injured […]

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Economy

Nigeria’s GDP dips by 1.78% in Q3 2022

By Oluwashina Iyanda Nigeria‘s Gross Domestic Product (GDP) dropped by 1.78 per cent in the third quarter of 2022 from its level in the corresponding period in 2021. The GDP grew by 2.25 per cent in real terms in the third quarter of 2022 against the 4.03 growth rate recorded in the third quarter of […]

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Uncategorized

AfDB approves $5.12m financing for food production in Liberia

The Board of directors of the African Development Bank Group has approved $5.12 million in financing for Emergency Food Production Programme in Liberia. The bank said in a statement on Thursday that this would pave the way for the Liberian government to support farmers as they increase climate-resilient food production and mitigate the impact of […]

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Foreign News

Zambia’s annual inflation rises to 9.8% in November

Year-on-year inflation in Zambia rose to 9.8 per cent in November from 9.7 per cent the previous month, its statistics agency said on Thursday. The Zambia Statistics Agency attributed the increase to an increase in prices of non-food items. Such items include fuels and lubricants, charcoal and pharmaceutical products. Read Related Story: W/Bank approves $275m […]

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Politics

Tinubu pledges to review Nigeria’s reward system

Asiwaju Ahmed Tinubu, Presidential candidate of the ruling All Progressives Congress (APC), has pledged to review the nation’s reward system, to encourage productivity. Tinubu made the pledge when he interacted with stakeholders in Ebonyi for his campaign rally on Thursday in Abakaliki. He said it was time to ensure that individuals who contributed to the […]

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