Author: Olamide Obayemi

Minister of Information and National Orientation Mohammed Idris has commended the team representing Nigeria at the global robotics competition in Dallas, Texas, later this month. He spoke when the team paid him a courtesy call on Friday, 19 April, 2024. The Minister was delighted to receive the team members aged 15 and below and students of Glisten Academy, Abuja; they were accompanied by their coaches. The Minister said the government is willing to promote Nigerians who make the country proud. “By carrying the Nigerian flag, you are representing Nigeria; we urge you to make your mark in that competition and…

Read More

The immediate Past Deputy Vice Chancellor (Academic) of the Lagos State University (LASU), Nigeria, Professor Elias Olukorede WAHAB has likened cultural imperialism to ethnocide. The Professor of Sociology stated this position while speaking as the Guest Speaker at the 62nd International Conference of Lewis and Clark University in Portland Oregon USA with a presentation titled: “Globalization, Commodification Marketization and Cultural Imperialism: Issues and Dimensions”. He examined the treatise that globalisation is a major “soft power” in the reign of cultural imperialism constructing thesis on the premise of the assumptions and presuppositions of classical social theory. He affirmed that globalisation has…

Read More

In a pointed plea for transparency, former presidential aide Laolu Akande has said that former Kano State governor, Dr Abdullahi Umar Ganduje should take the opportunity he has now to squarely face corruption charges against him. He added that it does not matter if he remains as APC chairman in the process, dousing worries that Ganduje’s political opponents may use the charges to remove him from his current party position as the national chairman of the ruling All Progressives Congress (APC). Opening his popular TV talk show, ‘Inside Sources with Laolu Akande,’ with “My Take” segment Friday morning on Channels…

Read More

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN has assured the Federal Inland Revenue Service (FIRS) that the Commission will assist the agency to tackle cases of tax evasion and financial crime in the revenue generating sector of the country. The ICPC Boss gave the assurance at the signing of the Memorandum of Understanding (MOU) at the Commission ‘s headquarters. The ICPC Chairman emphasized the importance of strategic partnership in the fight against corruption. He stated, “Corruption erodes the fabric of society and hinders economic development. By partnering with FIRS,…

Read More

By Temitope Ajayi Tracking many stories of remarkable progress currently taking place in Nigeria can be a challenging task. This is so because these important stories are lost to some who daily indulge in the cacophony of adverse reports. These negative news often dominates the headlines. With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country. Those who rely on the mainstream media and social media as the only sources of news and information they consume are the worst hit…

Read More

By Abimbola Ogunnaike Following the killing of 12 people by gunmen in Tilengpat Pushit community in the Mangu Local Government Area of Plateau State , women in Bokkos Local Government Area of the state have taken to the streets in protests over the renewed violent attacks by gunmen in their communities. Some residents in Bokkos town said that the protesting women were headed to the Council headquarters to register their grievances It was gathered that the attacks leading to the deaths of the victims occurred in the late hours of Thursday, 18 April, 2024 Recall that last week; gunmen killed no…

Read More

By Abimbola Ogunnaike The Federal Government has disclosed that it issued N8 trillion in government security, known as treasury bills, to stabilize and boost the economy. Minister of Finance, Wale Edun, made this disclosure in an interview with newsmen on Thursday, 18 April, 2024 during the International Monetary Fund, IMF/World Bank spring meetings in Washington D.C., United States of America. Edu noted that the fiscal authority and the Central Bank of Nigeria, CBN, have collaborated to attract foreign investment through securities issuance. “A large part of the securities that have been sold, the dollars come, and they get naira in exchange and use…

Read More

By Abimbola Ogunnaike International Monetary Fund(IMF) latest forecasts has revealed that Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations. The IMF’s World Economic Outlook as reported by Bloomberg, estimated the country’s gross domestic product at $253 billion based on current prices this year, behind North African powerhouses Algeria at $267 billion, Egypt at $348 billion, and South Africa at $373 billion. The report added that South Africa will remain the continent’s largest economy until Egypt reclaims the mantle in 2027. Nigeria however is expected…

Read More

President Bola Tinubu has appointed Mr Mairiga Aliyu Katuka as Chairman of the Board of the Securities and Exchange Commission (SEC), reports thegazellenews.com The President also approved the appointment of Mr Emomotimi Agama as the Director General of the Commission. Others appointed to run the affairs of the Board are: Frana Chukwuogor, Executive Commissioner, Legal and Enforcement; Mr. Bola Ajomale, Executive Commissioner, Operations; Mrs. Samiya Hassan Usman, Executive Commissioner, Corporate Services; Mr. Lekan Belo, Non-Executive Commissioner; and Mr. Kasimu Garba Kurfi, Non-Executive Commissioner. “The President anticipates that all members of the Board of this critical commission will bring to bear their…

Read More

African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) announced on Friday, 19 April, 2024, that it has extended a $25 million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set to take place from June 4th to 30th in Bridgetown. The term loan facility is backed by a guarantee from the Government of Barbados given the importance of cricket to the country’s heritage. The Kensington Oval Cricket Ground in Barbados is one of the iconic centers for cricket around the world and has regularly hosted…

Read More