Thursday, 9th January 2025
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6 Dec
Lagos State Governor, Mr. Babajide Sanwo-Olu, will next week inaugurate 36 roads, five bridges, and a pedestrian bridge executed across the state. The Special Adviser on Infrastructure to the Governor, Olufemi Daramola, who disclosed this on Friday during a briefing, stated that in a bid to grow the economy through a robust infrastructure portfolio, the…

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5 mins ago
French President Emmanuel Macron on Thursday welcomed the "crucial election" by Lebanese lawmakers of army chief Joseph Aoun as president after a two-year vacuum at the top, calling his victory an opportunity for reform in the country. Aoun faces the daunting tasks of overseeing a ceasefire in south Lebanon and naming a prime minister able…
7 mins ago
The House of Representatives Committee on Environment has expressed concern over at what it described as an abysmally low release of funds to the Ministry of Environment. The panel said the development has led to several missed opportunities to address environmental challenges facing the country. The lawmakers listed such environmental challenges as deforestation, pollution, erosion,…
10 mins ago
German Chancellor Olaf Scholz voiced opposition Thursday to US President-elect Donald Trump's call for NATO members to raise defence spending to five percent of GDP. "That's a lot of money," Scholz told news site Focus online, adding: "We have a very clear procedure in NATO" on decision-making, with alliance members currently asked to spend two…
25 mins ago
The yield on the UK government's 10-year bonds hit the highest level Thursday since the 2008 global financial crisis. The increase makes it more costly for the Labour government to finance current operations and repay the debt, raising the risk it will have to make spending cuts or hike taxes. What happened? The yield on…
30 mins ago
At the budget defense session on Thursday, the Senate Committee on Information and National Orientation directed the National Orientation Agency (NOA) and the News Agency of Nigeria (NAN) to revise and resubmit their budgetary proposals for the 2025 fiscal year. The committee, chaired by Senator Kenneth Eze (APC, Ebonyi Central), questioned the feasibility and impact…
33 mins ago
Bochum were handed all three points by a German FA (DFB) court on Thursday after their goalkeeper was hit in the head by a lighter thrown by fans in a 1-1 Bundesliga draw at Union Berlin in December. The court upheld Bochum's appeal against the referee's decision to play on after a delay of around…
36 mins ago
The High Court of Lagos sitting at Yaba/Surulere has granted an order in favour of Veritasi Homes & Properties Ltd restraining Patricia Technologies Ltd from selling or in any way dealing with 15.021 hectares of land at Idera Scheme, Lagos. Justice E. O. Ashade ruled that the order stands pending the compliance of Veritasi Homes…
43 mins ago
Lagos transport system received a boost on Thursday from the African Development Bank (AfDB) with a promise to work with the Lagos Metropolitan Area Transport Authority (LAMATA) to develop another rail line. The bank is also interested in partnering with LAMATA to expand the capacity of the existing rail system. AfDB Vice President, Private Sector…
45 mins ago
Lamborghini set a new sales record in 2024, the Italian sportscar maker said on Thursday, defying the gloom that has hit mass-market car companies. Lamborghini sold 10,687 cars last year, a rise of six percent on 2023, which was itself a record year. Deliveries were up six percent in Europe and the Middle East, Lamborghini's…
48 mins ago
An international coalition to procure unmanned aerial vehicles (UAVs) for Ukraine, co-led by the UK and Latvia, will send 30,000 newly-ordered drones to Kyiv, Britain's Ministry of Defence said Thursday. The "drone capability coalition" -- formed in early 2024 to deliver devices to Ukraine -- has placed an order worth £45 million ($55 million) for…