Mr. Wasiu Adesina, the Chairman of Ikorodu Local Government (LG), delivered an insightful speech on Wednesday, urging retirees to steer clear of idleness and immerse themselves in activities that would invigorate their post-service years. Adesina’s thoughtful guidance emerged during a commemorative event held at the local government secretariat in Ikorodu, aimed at honouring the esteemed Read More…
Month: August 2023
Lagos State Advances Water Transport with Innovative E-Fleet System
The Lagos State Government is ushering in a new era of technology-driven water transportation through the introduction of the Lagos Ferry Services (LAGFERRY) Electronic Fleet (E-Fleet) Surveillance System. In a statement issued by Mr. Akeem Odusina, Director of the Public Affairs Unit of LAGFERRY, the move aligns with Governor Babajide Sanwo-Olu’s T.H.E.M.E.S.+ Agenda, a strategic Read More…
Lagos Deputy Governor Advocates Alumni Involvement in University Progress
Dr. Obafemi Hamzat, the Deputy Governor of Lagos State, has urged higher education institutions to leverage the potential of their alumni for infrastructural development. Hamzat made this call during a visit to the University of Ibadan, where he met with Vice-Chancellor Prof. Kayode Adebowale and the university’s management in Ibadan, Oyo State. Highlighting the significance Read More…
Nigeria’s Dollar-denominated bonds slide amid fuel price concerns and Central Bank scrutiny
Nigeria’s international dollar-denominated bonds experienced a decline on Wednesday in response to remarks from the president’s spokesperson, who emphasised that petrol prices need not escalate further. The spokesperson attributed foreign exchange shortages to what he termed “gross mismanagement” at the central bank. Of note, bonds with extended maturity dates witnessed more pronounced drops. The 2051 Read More…
Neymar Completes Move to Al-Hilal, Embarks on New Chapter
After a successful six-year stint with Paris St Germain, Neymar da Silva Santos Júnior, known as Neymar Júnior or mononymously as Neymar, has embarked on a fresh journey, signing a two-year contract with Saudi Arabia’s Al-Hilal. The Brazilian forward’s time with PSG yielded multiple domestic trophies but not the coveted Champions League title the club Read More…
20k Nigerian Women and Youth to Benefit from Google’s Digital Skills Training
In a significant commitment to empowering Nigerian women and youth, Google has unveiled plans to train 20,000 individuals in digital skills while also extending a substantial grant of 1.2 billion naira ($1.6 million) to support the government’s ambitious target of generating one million digital jobs across the country. This announcement was made by Google’s Africa Read More…
Dollar liquidity crises from CBN’s ‘gross mismanagement’ – FG spokesman
Nigeria finds itself grappling with a severe dollar liquidity crisis within its foreign exchange market, a predicament stemming from years of “gross mismanagement” at the central bank, as underscored by a statement from a presidential spokesperson on Tuesday. President Bola Tinubu’s tenure has ushered in an investigation into the operational practices of the central bank, Read More…
Emefiele faces new 20-count indictment
Nigerian central bank governor Godwin Emefiele, currently suspended and detained, faces a 20-count indictment, including the charge of “conferring unlawful advantages,” as revealed by government prosecutors on Tuesday. President Bola Tinubu, a driver of substantial reforms within Africa’s largest economy in over a decade, has initiated an investigation into the central bank under Emefiele’s leadership. Read More…
Farmers in Lagos Benefit from COVID-19 Recovery and Economic Stimulus Programme
As part of the Lagos COVID-19 Action Recovery and Economic Stimulus Programme (Lagos-CARES), a total of 1,531 processing and producing farmers have received diverse farm assets. The distribution took place at the Lagos Farm Service Centre in Agege on Tuesday. Mr Jonathan Obayemi, the State Project Coordinator for FADAMA, announced that the assets would be Read More…