The President of African Development Bank (AfDB), Dr Akinwumi Adesina says 141 million people have benefitted from improved agricultural technologies to enhance food security in the last five years he assumed office. Adesina made this known during the opening of the bank’s Annual General Meeting (AGM) held virtually on Wednesday. He said about 18 million Read More…
The Lagos Commissioner for Health, Prof. Akin Abayomi, says he’s responding positively to treatment after testing positive to COVID-19 virus, and remains committed to discharging his duties. The State Commissioner for Information and Strategy, Mr Gbenga Omotoso, had in a statement on Monday disclosed Abayomi’s COVID-19 status. Abayomi, in a message posted on his Twitter Read More…
Nigeria imposed lockdowns in Lagos and Abuja in Q2 Oil sector contracted by 6.63% Nigeria is Africa’s largest economy Nigeria’s economy contracted by 6.1% in the second quarter of 2020 from a year earlier, the statistics office said on Monday, with lockdowns in its two main cities and low oil prices taking their toll. The Read More…
The National Emergency Management Agency (NEMA) has set a maximum 20 minutes target, within which to respond to emergencies and disasters across the country. AVM Muhammadu Muhammed (Rtd), Director-General of NEMA, announced the target at a one-day retreat for Heads of Territorial, Zonal and Operations Offices of the agency on Monday in Abuja. The theme Read More…
The Lagos Chamber of Commerce and Industry (LCCI) has hinged the 6.1 per cent Gross Domestic Product (GDP) contraction according to the National Bureau of Statistics (NBS) on the socio-economic disruptions of COVID-19 pandemic. Dr Muda Yusuf, Director-General LCCI made this known in an economic report released to newsmen on Monday in Lagos. Yusuf noted Read More…
Two young women fill the screen, reclining on a bed, talking about their hope of having children. They are protagonists in a new Nigerian film called “Ife” depicting their love story. The topic is controversial in Nigeria, where same-sex relationships are theoretically punishable by up to 14 years in prison. Producer Pamela Adie said “Ife” Read More…
Trading on the Nigerian Stock Exchange (NSE) maintained positive trend on Thursday for the third consecutive days, as its indices increased further by 0.13 per cent. Specifically, the All-Share Index increased by 33.28 points 0.13 per cent to close at 25,204.60 compared with 25,171.32 achieved on Wednesday. As a result, the Month-to-Date gain increased to Read More…
The new Director-General of the Securities and Exchange Commission (SEC), Dr Lamido Yuguda, on Thursday vowed to clamp down on illegal operators luring unsuspecting investors in the market. Yuguda said this in an address delivered at the first Capital Market Committee (CMC) meeting in 2020. The CMC is a medium for exchange of ideas among Read More…
The Nigerian Power industry has achieved yet another improved all-time national peak of 5,420.30MW, which was effectively transmitted through the national grid at a frequency of 50.10Hz at 9:15pm on Aug. 18. Ms Ndidi Mbah, General Manager, Public Affairs, TCN, confirmed the development in a statement on Thursday in Lagos. Mbah said this was the Read More…
The National Lottery Trust Fund (NLTF) on Thursday donated vital medical equipment to the Onikan Health Centre in Lagos. Dr Bello Maigari, the Executive Secretary/Chief Executive Officer of NLTF, said at the virtual inauguration and handing over of the medical equipment that the essence was to deliver world class medical facilities. Maigari said the equipment Read More…