Nigeria suffers $1bn annual loss due to non certification of agricultural exports - Experts

Nigeria suffers $1bn annual loss due to non certification of agricultural exports – Experts

According to Mr. Ikechi Uko, the coordinator of the Aviacargo Roadmap Committee, Nigeria, despite being one of the largest producers of agricultural products, loses approximately $1 billion each year due to the non-certification of agricultural produce for export. Speaking at … Continue reading Nigeria suffers $1bn annual loss due to non certification of agricultural exports – Experts

Zelensky's dramatic arrival at G7 summit amplifies Ukraine crisis and veiled warnings to China

Zelensky’s dramatic arrival at G7 summit amplifies Ukraine crisis and veiled warnings to China

Ukrainian President Volodymyr Zelensky stole the spotlight as he made a high-profile arrival at the G7 summit in Japan. The gathering of world leaders was quick to issue a statement, condemning Russia and cautioning against “economic coercion,” a veiled reference … Continue reading Zelensky’s dramatic arrival at G7 summit amplifies Ukraine crisis and veiled warnings to China

Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

DeLovie Kwagala, an activist advocating for LGBT rights in Uganda, has expressed their intention to return to their home country next week, even though they fear the possibility of being arrested. Kwagala, who identifies as non-binary and prefers the pronoun … Continue reading Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

Casemiro's spectacular goal propels Manchester United to victory and champions league hope

Casemiro’s spectacular goal propels Manchester United to victory and champions league hope

Casemiro’s impressive goal in the first half proved decisive as Manchester United secured a 1-0 away victory against Bournemouth on Saturday, bringing them closer to qualifying for the Champions League. If Liverpool had lost to Aston Villa, Erik ten Hag’s … Continue reading Casemiro’s spectacular goal propels Manchester United to victory and champions league hope

Seun Kuti's lawyers accuse police of disobeying court order and withholding case file

Seun Kuti’s lawyers accuse police of disobeying court order and withholding case file

Lawyers representing Seun Kuti, the embattled Afrobeat singer, have raised allegations against the police, claiming that they are disregarding a court order by withholding the artiste’s case file. In a statement released on Friday, the legal team called upon Simon … Continue reading Seun Kuti’s lawyers accuse police of disobeying court order and withholding case file

Federation account allocation committee (FAAC) distributes N655.93 billion among government tiers in April 2023

Federation account allocation committee (FAAC) distributes N655.93 billion among government tiers in April 2023

The Federation Account Allocation Committee (FAAC) has announced the sharing of N655.93 billion among the federal, state, and local governments for the month of April 2023. This figure represents a decrease of N58.69 billion compared to the previous month’s allocation … Continue reading Federation account allocation committee (FAAC) distributes N655.93 billion among government tiers in April 2023

Nigeria's urgent need for revenue boost to avert debt servicing crisis, warns KPMG

Nigeria’s urgent need for revenue boost to avert debt servicing crisis, warns KPMG

According to a macroeconomic snapshot released by KPMG, urgent actions need to be explored to significantly raise revenue in Nigeria to prevent the risk of sliding into critical debt servicing problems. The professional services firm expressed concerns regarding the recent … Continue reading Nigeria’s urgent need for revenue boost to avert debt servicing crisis, warns KPMG

FRSC warns of prosecution for motorists bribing personnel amidst probe into extortion allegations

FRSC warns of prosecution for motorists bribing personnel amidst probe into extortion allegations

The Federal Road Safety Corps (FRSC) has issued a stern warning that any motorist found bribing its personnel will face prosecution. The FRSC public education officer, Bisi Kazeem, made this announcement in response to the investigation of FRSC officers allegedly … Continue reading FRSC warns of prosecution for motorists bribing personnel amidst probe into extortion allegations

Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

A sharp decline in foreign appetite for the Nigerian capital market has been attributed to various factors such as market uncertainty, political risk, and foreign exchange illiquidity. Over the past eight years, total foreign transactions executed on the equities market … Continue reading Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

G7 leaders to assess impact of generative AI, launching discussions on responsible use

G7 leaders to assess impact of generative AI, launching discussions on responsible use

G7 leaders have emphasized the urgent need to evaluate the consequences of generative artificial intelligence (AI), revealing their plans to initiate discussions on the responsible utilization of this technology. The seven major economies announced the establishment of a working group … Continue reading G7 leaders to assess impact of generative AI, launching discussions on responsible use

Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Dr. Ifeanyi Okowa, the outgoing Governor of Delta State, has staunchly defended the construction of a 2,000-capacity ecumenical centre in Asaba for the Christian Association of Nigeria (CAN). Speaking at the inauguration of the newly-constructed centre, Okowa emphasized that the … Continue reading Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Kenya's taxman targets artificial nails, cryptocurrencies, and more to boost government revenue

Kenya’s taxman targets artificial nails, cryptocurrencies, and more to boost government revenue

Kenya’s tax authorities are implementing new proposals to generate revenue for President William Ruto’s financially strained government. These measures target various sectors, including artificial nails, cryptocurrencies, spaghetti, and social media influencers. Ruto aims to address the country’s heavily indebted economy … Continue reading Kenya’s taxman targets artificial nails, cryptocurrencies, and more to boost government revenue

Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration

Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration

Senator Orji Uzor Kalu, the Chief Whip of the Senate, has called on the federal government to allocate special funds to entrepreneurs who are actively creating employment opportunities for citizens. He made this statement during the inauguration of Tastia Restaurant … Continue reading Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration