Economic Impact
24 Dec
Have you ever stopped to ponder the profound connection between today and tomorrow? The concept of "Tomorrow is the real essence of today" delves deep into the profound connection between our present actions and the outcomes they shape for our future.
20 May 2024
A recently commissioned report by the London Development Agency showed that the Notting Hill Carnival contributes up to 93 million pounds each to London’s economy and supports the equivalent of 3,000 full-time jobs. Similarly, an independent economic commission’s report revealed that the Formula 1 race weekend in Miami generated $449 million for the local economy.…
15 May 2024
Ethnic youth leaders have expressed concerns that Nyesom Wike, Minister of the Federal Capital Territory (FCT), is exacerbating political tensions in Rivers State, which could worsen the economic challenges faced by President Bola Ahmed Tinubu's administration. The youth leaders argue that Wike's actions are designed to destabilize the state and undermine Governor Siminalayi Fubara's administration,…
16 Apr 2024
In a groundbreaking development for consumers across Nigeria, Dangote Petroleum Refinery has made a historic announcement by further reducing the price of diesel from ₦1,200 to ₦1,000 per litre. This move comes in the wake of the refinery's recent introduction of diesel at a remarkably discounted rate of ₦1,200 per litre just three weeks ago.…
22 Mar 2024
On May 29, 2023, the three toughest jobs in Nigeria were the job of President of Nigeria, the Governor of the Central Bank and the Group Managing Director of the NNPC. That same day, Muhammadu Buhari's presidency concluded, and Bola Tinubu took office. Barely a week after assuming office President Tinubu removed Godwin Emefiele as…
21 Feb 2024
The Zamfara State government has issued a statement dispelling rumors of a statewide ban on bread production. The clarification comes after the Bakers' Association in the state announced a halt in production due to a government ban on motorcycles delivering bread to bandit enclaves. Sulaiman Bala Idris, spokesperson to Governor Dauda Lawal, emphasised that the…
Latest
6 mins ago
An Osun Magistrates’ Court sitting in Ile-Ife on Monday, ordered the remand of a 36-year-old man, Ojo Israel, at the Ile-Ife Correctional Service, over alleged N6.2 million visa fraud. Israel, whose address was not provided, is facing a five-count charge bordering on conspiracy, intent to defraud, stealing, fraud and forgery. He, however, pleaded not guilty…
10 mins ago
Working from home sounds easy, but it comes with many distractions. Without a proper plan, it is easy to lose focus. While avoiding traffic and office stress is a good thing, staying productive at home can be a challenge. For some people, working from home helps them manage their time well. But for others, it…
12 mins ago
The Church of England's elected governing body will begin a week-long meeting on Monday after an "unprecedented crisis" triggered by a number of sexual abuse scandals. The London meeting comes a month after Justin Welby stepped down as Archbishop of Canterbury, head of the world's Anglicans, over the scandal. Sexual abuse allegations against a priest…
12 mins ago
Nigeria Forest Security Service (NFSS), Kano State Command, says it received no fewer than 25 complaints in January. The Commander of NFSS in the state, Abdullahi Al’ameen, disclosed this in an interview with the News Agency of Nigeria (NAN) in Kano on Monday. Al’ameen said that out of the 25 complainants received, 18…
13 mins ago
The Joint Admission Matriculation Board (JAMB) Registrar, Ishaq Oloyede, has argued against the establishment of more universities in the country. While speaking as a guest on Channels Television, Oloyede said that the improvement of facilities in existing universities is a substitute for the establishment of more universities. According to him, Nigerians who make a case…
14 mins ago
Adamawa State Governor Ahmadu Umaru Fintiri has officially flagged off the construction of the Jimeta Ultra-Modern Shopping Complex, a ₦19.7 billion project aimed at transforming the commercial landscape of Adamawa State. The governor performed the groundbreaking ceremony on Monday, reaffirming his administration's commitment to economic development, job creation, and urban modernization. Speaking at the event,…
16 mins ago
The Kano State Government has awarded N20 billion contact for the construction of two critical township roads, aimed at enhancing transportation and boosting economic activities. The Commissioner for Works and Housing, Alhaji Marwan Ahmed, disclosed this in a telephone interview with the News Agency of Nigeria (NAN) in Kano on Monday. He said that the…
27 mins ago
The Nigerian Army has warned those impersonating the Chief of Army Staff (COAS), Lt.-Gen. Olufemi Oluyede, on social media to stop or face the consequences. The warning is contained in a statement by the Director, Army Public Relations, Maj.-Gen. Onyema Nwachukwu, on Sunday in Abuja. Nwachukwu said the army had been inundated with complaints of…
30 mins ago
A gas explosion has occurred at Sabon Wuse in Tafa Local Government Area of Niger on Saturday, resulting in a massive fire outbreak. Alhaji Abdullahi Baba-Arah, Director-General, Niger State Emergency Management Agency (NSEMA), disclosed this in a statement in Minna on Sunday. He said the incident happened at about 11:00 pm at Tasiu Gas Plant,…
37 mins ago
The People's Democratic Party (PDP), Ondo State chapter, has described as disturbing the continued silence of Governor Lucky Aiyedatiwa over the alleged padding of the 2025 budget. While emphasising that the people of the state deserve explanation on the N11.5 billion allocated to the Ministry of Finance as security vote, the opposition party lamented that…