Enugu, Jan 8, 2022 (NAN) A Development Economist, Dr Chiwuike Uba, has lauded President Muhammadu Buhari for introducing tax on sugar carbonated beverages to check the excessive consumption of such products in the country. Uba, who is the Chairman of Amaka Chiwuike-Uba Foundation (ACUF), gave the commendation on Saturday while giving an economist’s perspective of Read More…
Month: January 2022
AFCON 2021 gets underway with several participants looking like serious contenders
Garoua (Cameroon), Jan. 9, 2022 (NAN) In the history of the Africa Cup of Nations (AFCON) tournament, this is the second time there will be 24 teams battling it out for the coveted title of African champions. This will be the 33rd edition of the competition, and significantly the number of participants has risen to Read More…
AFCON champions to earn N2.8bn as CAF increases prize money
Abuja, Jan. 8, 2022 (NAN) Champions of the 2021 Africa Cup of Nations (AFCON) will return home with prize money of five million U.S. dollars (about N2.8 billion). The News Agency of Nigeria (NAN) reports that the winners’ prize money was increased from 4.5 million dollars, representing an increase of about 11 percent. The decision Read More…
Govt assures Magodo stakeholders of amicable settlement of land dispute
Residents of Magodo and other stakeholders have been assured of an amicable settlement of the land dispute by the Lagos State Government. Speaking on This Morning programme on TVC, the Lagos State Commissioner for Information, Mr. Gbenga Omotoso, said the recent visit of Governor Babajide Sanwo-Olu to the Estate resulted in a meeting of all Read More…
Lagos votes 10% of 2022 budget for education
Lagos State Government has earmarked 10 per cent of its year 2022 Budget to the education sector to adequately groom the youths towards making the desired impact and contributing to the progress and future development of the State. The State Commissioner for Economic Planning and Budget, Mr. Samuel Egube, disclosed this during the State Budget Read More…
NGX sustains growth by N130bn on BUA Foods rally
Lagos, Jan. 7, 2022 (NAN) The bulls sustained trading on the nation’s bourse on Friday with the market capitalisation extending growth by N130 billion. Specifically, the market capitalisation which opened at N23.497 trillion rose by N130 billion to close at N23.627 trillion. Also, the All-Share Index improved by 246.48 points or 0.57 per cent to Read More…
Resuscitate refineries to boost economy, ex-CBN director urges FG
Sango-Ota (Ogun), Jan. 7, 2022 (NAN) A former Director of Central Bank of Nigeria (CBN), Dr Titus Okunroumu, has called on the Federal Government to intensify efforts at resuscitating the nation’s refineries to boost the economy. Okunroumu told the News Agency of Nigeria (NAN) on Friday in Sang-Ota, Ogun, that most of the refineries were Read More…
Armed bandits kill at least 30 in Nigeria’s Zamfara state
MAIDUGURI, Nigeria, Jan 7 (Reuters) – Armed bandits have killed at least 30 people in Nigeria’s Zamfara State, raiding several villages in a region that has been in a security crisis for more than two years, residents and security sources said on Friday. There have been a series of attacks in northwest Nigeria, which has Read More…
US: Three Georgia men sentenced to life in prison for ‘chilling’ Arbery murder
Jan 7 (Reuters) – A Georgia judge sentenced Travis McMichael and his father Gregory McMichael on Friday to life in prison without the possibility of parole for what he called the “chilling” 2020 murder of Ahmaud Arbery, a Black man running through their mostly white neighborhood in the southern U.S. state. Judge Timothy Walmsley also Read More…
Three protesters shot dead in Sudan anti-military rallies
KHARTOUM, Jan 6 (Reuters) – Security forces shot dead three protesters and fired tear gas in Sudan on Thursday as crowds thronged the capital Khartoum and other cities in more anti-military rallies, medics and Reuters witnesses said. At least 60 people have died and many more have been wounded in crackdowns on demonstrations since a Read More…