LOUD WHISPERS: The Color Pink
It probably all started with an innocent fondness of former US First Lady Maime Eisenhower for the colour pink. It was said she loved pink so much that she wore it at every opportunity, including a pink gown with 2,000 pink rhinestones for her husband’s inauguration, and he in turn sent her pink flowers every […]
CBN, NBET others owe FG N190bn for electricity supply
Federal Government owned power firm, the Niger Delta Power Holding Company has said that the Central Bank of Nigeria, the Nigerian Bulk Electricity Trading Plc, and the Nigerian Electricity Liability Management Company owe the sum of N190bn for electricity supply. Managing Director and Chief Executive Officer, NDPHC, Chiedu Ugbo, revealed this to The PUNCH on […]
Strike: FG threatens Labour with contempt charge, NLC adamant
The Federal Government on Monday asked the organised Labour to shelve its planned strike slated to commence on Tuesday. The government reminded the Nigeria Labour Congress and the Trade Union Congress of a restraining order issued by the National Industrial Court, Abuja, on Friday. The TUC President, Festus Osifo, had announced at a press conference […]
Biden says Gaza hospitals ‘must be protected’
President Joe Biden said hospitals in the Gaza Strip must be protected and he hoped for “less intrusive” action by Israel as Israeli tanks advanced to the gates of the besieged enclave’s main hospital. Israeli tanks have taken up positions outside Al Shifa Hospital, Gaza City’s main medical centre, which Israel says sits atop tunnels […]
Rwanda’s Biggest Port to Open in December
The construction of Rubavu port stands at 96 percent and the port is set to open in December, The New Times has learnt. Rubavu port, the biggest in Rwanda, is expected to boost tourism and cross-border trade between Rwanda and DR Congo upon completion. According to the Acting Mayor of Rubavu district, Déogratias Nzabonimpa, “a […]
African Development Bank approves $102.6 mln support programme for Ghana
The African Development Bank (AfDB) has approved a $102.6 million budget support programme for Ghana focused on fiscal consolidation and economic recovery, the bank and Ghana’s finance ministry said on Thursday. Ghana, which produces gold, cocoa and oil, is in talks with bilateral and commercial creditors to restructure its debts amid its worst economic crisis […]
No debt cancellation for subscribers, says MTN
The mobile telecommunication corporation, MTN, has alluded to the recent debt cancellation status on its subscribers’ network as a system error. The network provider made this known in a tweet on its official handle on X (formerly Twitter) on Saturday. The firm explained that an unexpected glitch in its system caused the cancellation of debt […]
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria and Saudi Arabia on Friday agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria’s oil refineries and provide financial support to sustain the government’s foreign-exchange reforms. The agreements were reached at a bilateral meeting between Nigerian President Bola Tinubu and […]
Private schools rethink China future after flunking growth test
Some shareholders of Dulwich College International are in talks for a sale of the British school’s China-heavy Asia operations, two sources said, in the latest indication of how turmoil in China’s $570 billion education industry is forcing overhauls at institutions. Dozens of international and private schools in China are closing or merging, industry executives said, […]
This year ‘virtually certain’ to be warmest in 125,000 years, EU scientists say
This year is “virtually certain” to be the warmest in 125,000 years, European Union scientists said on Wednesday, after data showed last month was the world’s hottest October in that period. Last month smashed through the previous October temperature record, from 2019, by a massive margin, the EU’s Copernicus Climate Change Service (C3S) said. “The […]
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