Vice President Yemi Osinbajo will on Monday morning depart Abuja for Monrovia, Liberia, to represent the President, Major General Muhammadu Buhari (retd.), at the formal launch of the year-long commemoration of the country’s Bicentennial Anniversary. Senior Special Assistant to the…
Africa’s debt higher than combined revenue of $501bn, says Adesina
African Development Bank, AfDB, President, Akinwumi Adesina, has revealed that Africa’s public debt, currently estimated at $546 billion, represents one-quarter of the continent’s GDP and is higher than the combined total annual government revenues of $501 billion. Speaking , weekend…
Nigerian stocks gain N226.1 billion as corporate scorecards excite investors
NGX Group led the advance, drawing support from GTCO and oil palm processor Presco. Nigerian stocks got off to an optimistic start on Monday, adding 0.91 per cent or N226.1 billion as the earnings season, so far marked by broadly…
Malawi’s president fires entire cabinet over graft
Malawi President Lazarus Chakwera on Monday sacked his entire cabinet over graft concerns, vowing to “confront all forms of lawless conduct by public officials”. “I have dissolved my entire cabinet effective immediately, and all the functions of cabinet revert to…
UNICEF Tasks Buhari on Increasing Funding for Education
As the world celebrates the International Day of Education yesterday, UNICEF has commended the federal government’s pledge to increase Nigeria’s annual domestic education expenditure by 50 per cent over the next two years, and by 100 per cent by 2025.…
2030 global target for inclusive education unrealistic, says UN
Group seeks better deal for Nigerian child The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has declared that the 2030 benchmark for African countries and others to achieve Sustainable Development Goal 4 (SDG 4) of inclusive, equitable, quality education…
Dangote refinery begins processing 540,000bpd in Q3
Dangote Industries Limited has said its oil refinery will start processing crude in the third quarter of this year. The President, Dangote Industries, Aliko Dangote, said the plant would start with a processing capacity of 540,000 barrels per day. “Mechanical…
Microsoft boosts small-midsize businesses with new tool
Microsoft has announced the first-ever stand-alone offering of Microsoft Teams, a working tool specifically designed for small-midsize businesses (SMBs), called Teams Essentials. The tech company said: “We all know the shift to remote and hybrid work has presented ample challenges for…
Zenith Bank: Leading with Investors’ Confidence
Zenith Bank Plc emerged as the most capitalised bank on the Nigeria Exchange Limited (NGX), leading the banking sector with market capitalisation of N789.6 billion at the end of 2021. The above feat was occasioned by rising investors’ confidence in…
2023 Presidency: What stands Osinbajo out
TO steady the ship of the Nigerian state, Nigerians have been urged to elect a candidate who has the capacity and demonstrated ability to deliver as president in 2023. A group, IdentifytheRightLeader, ITRL, Initiative made the call while unveiling its…