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Friday, May 3rd, 2024

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Climate Change: ‘Study shows Lagos is sinking, needs support’

As part of mitigation measures, Lagos State in 2018 developed a climate action plan, which is targeted at ensuring it achieves net zero by 2050. Experts, government officials and stakeholders, recently converged on Lagos at a summit to ponder on prevention and mitigation of climate change in the state. At the event, an environmentalist, Prof […]

Niger’s military ruler proposes 3-year transition, warns against attack

Niger’s new military ruler said Saturday a transition of power would not go beyond three years, and warned that any attack on the country would not be easy for those involved. “Our ambition is not to confiscate power,” General Abdourahamane Tiani said in a televised address, adding that an attack on Niger would not be […]

US appeals court backs abortion pill restrictions; Supreme Court appeal planned

Access to the abortion pill mifepristone must be restricted, a U.S. appeals court ruled on Wednesday, ordering a ban on telemedicine prescriptions and shipments of the drug by mail, though the decision will not immediately take effect. The New Orleans-based 5th U.S. Circuit Court of Appeals stopped short of ruling that the drug must be pulled off the market […]

FG evaluates Nigeria’s health security capability

The Federal government has begun the second evaluation of the nation’s health security potential through the Joint External Evaluation, JEE, for the core competencies of the International Health Regulations, IHR. Nigeria is the second country in Africa and third globally to conduct an evaluation of its health security capability. In a statement, the Nigeria Centre […]

NIMASA intervenes, investigates collapsed oil rig

In a bid to reduce the number of casualties at the collapsed rig ‘Majestic’ belonging to Depthwize Nigeria Limited, and rented by Seplat Petroleum, the Nigerian Maritime Administration and Safety Agency, NIMASA, has sent a search and rescue team to accident scene. Meanwhile the Agency is also investigating the incidents, which it said occurred in a […]

20,000 Nigerians set for digital empowerment as Google announces N1.2bn initiative

Google, through its philanthropic arm, has announced a N1.2 billion grant to “Mind the Gap”, an initiative that aims to equip 20,000 Nigerian women and youth with vital digital skills. The investment aligns with the Federal Government’s ambitious commitment to create one million digital jobs. The program will offer training in diverse areas such as […]

Types of Panic

Janet Adeyemo From the lady who jerks at the sound of the creaking door to the man whose heart skips when he meets his wife scan through his phone. Panic, an overwhelming fear, is a constant reminder of the humane attribute existent in you. No need to panic when you experience panic. Read that again. […]

Stock market records marginal gain

The Nigerian stock market last week recorded marginal gain fueled by MTN Nigeria Plc and other banking stocks. This is coming as investors continued to reposition their portfolios based on the assessment of some companies’ half year 2023, H1’23, earnings report. Precisely, the Nigeria Exchange Limited, NGX,  All- Share Index, ASI, recorded  a 0.2% gain to […]

ELECTRICITY: Niger, Togo, Benin owe Nigeria N12.6bn in Q1’23

Amidst growing tension between Nigeria and its northern neighbour, Niger Republic, official report has indicated that Niger together with Togo and Benin Republic indebtedness to Nigeria on electricity supply has hit $16.11 million (about N12.60 billion) as at first quarter of 2023 (Q1’23). This is even as the revenue remittances of the Distribution Companies of Nigeria, […]

NJC denies ceding powers on judges’ appointments, promotions to govs

The National Judicial Council, NJC, has dismissed a letter claiming it had surrendered its statutory powers and functions on judges’ appointments and promotions to state governors. The NJC said the letter addressed to the Chief Judge of Kebbi State and purportedly signed by the Chief Justice of Nigeria, Justice Olukayode Ariwoola, did not emanate from […]

Fresh fuel price hike looms as landing cost rises by 37.4%

There are strong indications  that pump price of petrol  is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen month-on-month, MoM, by 37.4 per cent to N632.17 per litre in July 2023, from N460 per litre in June 2023. The […]

North Korea’s Kim orders making more missiles ahead of S.Korea, US drills

North Korean leader Kim Jong Un has called for an increase in missile production to help secure “overwhelming military power” and be ready for war, state media KCNA said on Monday, as South Korea and the United States gear up for annual military drills. Kim gave the order as he visited key munitions factories that […]

5 Doctor Appointments to Stop Postponing

You’re not alone if you’ve skipped your regular checkups this past year. According to a survey of 1,093 Americans from TIME-Harris Poll, 78% have put off at least one medical service during the past three months, 30% have skipped their dental exam, and 27% missed their annual checkup. Even those who make their health a priority have […]

Nigeria attracted $1.4 bln inflows in June after lifting FX curbs

Nigeria attracted inflows of $1.41 billion into its currency market in June, the central bank said on Thursday, after it scrapped a multiple exchange rate system that used to keep the naira artificially strong. Nigeria’s central bank lifted restrictions on foreign exchange trading in June and allowed the naira to weaken by more than a […]

OPS raises alarm over surge in capital flights, business closures

The organised private sector, OPS, in Nigeria have hinted of worsening operating environment which has forced increased exit of multinational corporations and capital flight from the economy. The OPS groups which included Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) and Lagos Chamber of Commerce and Industry (LCCI) and  Nigeria Employers’ Consultative […]