Author: Olakunle Oke
Page: 56
Tragedy struck Guinea’s capital, Conakry, as a blast at the nation’s main oil terminal claimed at least eight lives and injured 84 early today. Senior police officials confirmed the casualties and reported that the blaze, though fierce, was being contained. The explosion sent shockwaves through the Kaloum administrative district, shattering windows and sending hundreds fleeing […]
Point of Sale (PoS) operators are feeling the pinch of a nationwide cash shortage, forced to buy cash at inflated rates from traders due to limited withdrawals from banks. This scramble for cash is shrinking their businesses, raising concerns about the broader impact on the Nigerian economy. Banks across the country have been grappling with […]
Lagos State Governor, Babajide Sanwo-Olu has called for the support of local and international investors to partner MSMEs and scale up products and services in order to break into AFCFTA and global market. He said with the collaboration, there will be a reasonable return on investment for small businesses in Lagos and Nigeria. Speaking at […]
The Lagos State government warns that ongoing demolition of illegal structures may not end until developers comply with regulations. In a panel discussion at the Real Estate Market Place Conference, officials declared zero tolerance for non-compliance. Head of Service, Bode Agoro, and commissioners for Housing, Moruf Akinderu-Fatai, and Physical Planning, Dr. Oluyinka Olumide, emphasized that […]
A suicide bombing at a Pakistan army base today resulted in the tragic loss of at least 23 lives, according to reports. The attack, claimed by militants affiliated with the Pakistani Taliban, targeted a base in Dera Ismail Khan district of Khyber Pakhtunkhwa province, near the Afghan border. Early reports indicate that an explosive-laden suicide […]
Governor Babajide Sanwo-Olu has challenged Small and Medium Scale Enterprises (MSMEs) to leverage the opportunities presented by the nation’s economic challenges to grow their businesses and contribute to the nation’s Gross Domestic Product (GDP). Speaking at the opening ceremony of the eighth Lagos MSMEs Exclusive Trade Fair, Governor Sanwo-Olu, represented by Deputy Governor Dr. Obafemi […]
President Bola Tinubu has extended his heartfelt congratulations to the Nigerian winners of prestigious awards at the 2023 CAF Awards ceremony. In a statement released today by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, President Tinubu hailed the outstanding achievements of: Victor Osimhen: Championed as the CAF Men’s Player of the […]
Popular singer Adedamola Adefolahan, known as Fireboy DML, has shed light on the curious phenomenon of Nigerian artists thriving internationally while rarely touring their home country. In a recent interview, he attributed this to the lack of a structured music industry within Nigeria. “Everyone is saying ‘Afrobeats to the world.’ The music is perfect,” Fireboy […]
The Corporate Affairs Commission (CAC) has announced the delisting of 91,843 companies from its registry due to their failure to submit their annual returns. This figure represents a decrease of 2,738 companies compared to the initial list of 94,581 disclosed in August 2023. This action underscores the CAC’s commitment to maintaining an accurate and compliant […]
Rising tensions and potential conflict are brewing between organized labor and the Federal Government due to the latter’s failure to sustain the promised N35,000 wage award to workers. Federal Civil Service workers, speaking to journalists, confirmed that the government only paid the N35,000 award for September, neglecting its subsequent installments. This discrepancy has generated confusion […]
