Africa’s economic growth witnessed a decline to 3.2% last year from 4.1% in 2022, as reported by the African Development Bank (AfDB) on Friday. Despite this setback, the bank projected higher growth rates this year for all regions except central Africa. According to the AfDB, factors such as political instability and China’s economic slowdown, compounded Read More…
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Napoli’s Osimhen in low ebb, doubtful for Champions League clash with Barcelona
Napoli faces uncertainty over the availability of Victor Osimhen as they prepare to host Barcelona in the Champions League last 16, following the striker’s absence in their last-gasp 1-1 home draw with Genoa in Serie A due to fatigue. Osimhen’s return to Napoli from the Africa Cup of Nations, where Nigeria reached the final, has Read More…
Arsenal’s Goal Spree Continues: Premier League Roundup
Arsenal maintained their formidable goal-scoring form by routing Burnley 5-0, keeping pace with Premier League leaders Liverpool, who clinched a 4-1 victory against Brentford. Despite Liverpool extending their lead to five points with Mohamed Salah’s impactful return, Arsenal’s relentless attack propelled them to a convincing win over Burnley, following their recent 6-0 triumph against West Read More…
Governor Sanwo-Olu inaugurates Lagos rail mass transit Red Line Feb 29
Governor Babajide Sanwo-Olu of Lagos State has revealed plans to inaugurate the long-awaited Lagos rail mass transit Red Line on February 29, aiming to significantly enhance transportation infrastructure in Lagos. Sanwo-Olu made the announcement during the Lagos State Parking Authority (LASPA) Stakeholders Forum 2024, held in Ikeja. The event, themed “Parking in Lagos, The Journey Read More…
Federal Government launches 20,000 affordable housing project in Lagos
The Federal Government has unveiled plans to kick-start the construction of 20,000 affordable mass housing units under the Renewed Hope Cities and Estates project in Lagos State, marking a significant stride in President Bola Tinubu’s housing initiative. Dr. Markus Ogunbiyi, the Permanent Secretary of the Federal Ministry of Housing and Urban Development, confirmed the development Read More…
60 Nigerian lawmakers advocate transition from Presidential to Parliamentary System
In a groundbreaking move, approximately 60 members of the Federal House of Representatives have embarked on a mission to reshape Nigeria’s governance structure. These lawmakers are pushing for a shift from the current presidential system to the parliamentary system of government. Led by Wale Raji, a prominent legislator representing Lagos State under the All Progressives Congress (APC), this Read More…
Nigeria’s Super Eagles shine despite AFCON final loss to Côte d’Ivoire
President Bola Tinubu has lauded the resilience and talent of the Super Eagles despite their second-place finish in the African Cup of Nations 2023 held in Cote d’Ivoire. In a statement by presidential spokesman, Ajuri Ngelale, Tinubu commended the team, coach, crew, and management for their tenacious performance throughout the tournament, describing their journey as Read More…
EFCC declares Margaret Emefiele wanted for alleged money laundering
The Economic and Financial Crimes Commission (EFCC) has declared Mrs. Margaret Emefiele, wife of the former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, wanted for alleged money laundering. According to EFCC’s spokesman, Mr. Dele Oyewale, speaking in Abuja, “Three other persons had been declared wanted alongside Margaret on the same office.” Read More…
LERSA and Lagos Transport Commissioner collaborate to alleviate transportation woes in Lekki Peninsula
The Lagos Commissioner for Transportation, Mr. Seun Osiyemi, together with the leadership team of the Lekki Estate Resident and Stakeholders Association (LERSA), have initiated measures to tackle transportation hurdles across the Lekki peninsula. According to the President of LERSA, Alhaji Sulyman Bello, speaking in Lagos on Saturday, the initiative aims to significantly enhance residents’ quality Read More…
Access Holdings CEO Herbert Wigwe feared dead in California helicopter crash
Herbert Wigwe, the Group Chief Executive Officer of Access Holdings Plc, has tragically lost his life in a helicopter crash near the Nevada border in California. The incident occurred on Friday, February 9, 2024, casting a somber shadow over both the business and aviation communities. The ill-fated helicopter, identified as a Eurocopter EC130, met its Read More…