In Abuja, the African Development Bank (AfDB) proudly announced the victory of eight vibrant African women-led enterprises in the 2023 YouthAdapt challenge. Each business is set to receive grant funding of up to $100,000, affirmed by a statement issued by the AfDB during the COP28 in Dubai. These winners will also be enrolled in a Read More…
According to a report unveiled at the COP28 climate conference in Dubai by the International Energy Agency (IEA), the global drive toward electric vehicles (EVs) is markedly denting the demand for fossil fuels, despite concerns about the sluggish reduction in fossil fuel consumption to combat climate change. Industry experts note that soaring sales of EVs Read More…
The German Economic Institute (IW) is advocating for a strategic collaboration between the European Union (EU) and African nations to overhaul World Trade Organisation (WTO) subsidy regulations, aiming to mitigate Chinese market imbalances and diplomatic leverage. In a recent publication, the IW proposed this strategy, emphasising the need to address distortions caused by China’s economic Read More…
Britain solidified a new pact with Rwanda, aiming to circumvent a court ruling impeding its asylum deportation initiative, marking a significant setback to the country’s immigration strategy. The plan to transfer asylum seekers to Rwanda encountered a legal obstacle, emphasising a critical blow to the government’s policy. The scheme involving Rwanda remains pivotal in the Read More…
Argentinian maestro Lionel Messi secured Time magazine’s Athlete of the Year for 2023, marking a triumphant year that encompassed his eighth Ballon d’Or victory and an illustrious move to Inter Miami, significantly amplifying soccer’s presence in the U.S. Messi’s instrumental role in leading Argentina to their first World Cup title in 36 years, triumphing over Read More…
Arsenal clinched a thrilling 4-3 triumph over Luton Town, with Declan Rice’s stoppage-time header delivering an exhilarating victory, sending them five points clear at the Premier League summit. The nail-biting clash at Kenilworth Road witnessed a roller-coaster of momentum shifts, ultimately culminating in an Arsenal win, marking their fourth consecutive league victory. Rice’s last-gasp goal Read More…
President Bola Tinubu has mandated a comprehensive investigation into a military drone strike that resulted in the deaths of at least 85 individuals, including women and children, in northern Kaduna over the weekend. Lieutenant General Taoreed Lagbaja, the Nigerian army chief, visited Tundun Biri village to express regret for the air strike and pledged to Read More…
At the 10th edition of the LCCI Entrepreneurship Mentoring Programme (EMP) graduation ceremony, the Lagos Chamber of Commerce and Industry (LCCI) inspired 117 graduating entrepreneurs to leverage their technical expertise and resilience for community building and sustainable development in Nigeria. Dr. Michael Olawale-Cole, President of LCCI, emphasised this charge, stating, “Your technical knowledge and resilience Read More…
In Lagos on December 5, 2023, Heirs Insurance Group announced the donation of a 30KVA solar power station to the Ikoyi Passport Office of the Nigeria Immigration Service (NIS) to enable round-the-clock passport production. Dr. Awele Elumelu, Non-Executive Director of Heirs Holdings, highlighted the initiative’s objective, stating, “Through this project, Heirs Insurance Group demonstrates its Read More…
At the UN climate summit in Dubai on December 5, U.S. State Department officials confirmed the United States, alongside at least 60 countries, backed a crucial initiative to reduce cooling-related emissions by 2050. This Global Cooling Pledge marks a significant step towards addressing energy emissions from the cooling sector. It calls for a substantial reduction, Read More…
