Hundreds of workers, on Wednesday, July 3, 2024, lamented the persistent rainfall which is causing gridlock and flooding in many parts of Lagos State. Lagos is experiencing consistent rainfall, which is causing gridlock and flooding in various parts of the commercial city. Some workers said the rain had led to …
Read More »FG Terminates Road Contracts With Dantata & Sawoe, Mothercat, RCC For Non-performance
THE Federal Government has terminated its contracts with Dantata and Sawoe, Mothercat, and Reynolds Construction Company [RCC] for non-performance on the dualisation of the Obajana-Benin road project sections two, three and four. Minister of Works, David Umahi, made this known in a statement by his Special Adviser on Media, …
Read More »Leak Official Documents, Risk Jail – FG Warns
The Federal Government has warned that unauthorised disclosure or leakage of official documents, capable of impacting the country negatively, is a punishable offence. Secretary to the Government of the Federation (SGF), Sen. George Akume, gave the warning on Tuesday in Abuja, at a workshop organised by the Bureau for Public …
Read More »Dangote faults CBN’s 30% Interest Rate
Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has faulted the latest increase in interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). Dangote was addressing an audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria …
Read More »Labour Party Unveils Electoral Reform Committee 2024
This is to inform members of the public that the leadership of the party has approved the following persons to serve as members of Labour Party Electoral Reform Committee. They are mandated to carry out a wholistic review of the electoral process that will guarantee free and fair elections. …
Read More »Fidelity Bank Donates Food Items To Hearts Of Gold Children Hospice, Surulere
LEADING financial institution, Fidelity Bank PLC, has reinforced its dedication to support its host community by donating essential food items to the Hearts of Gold Children Hospice in Surulere, Lagos. The donation was executed by the Apex Squad Inductees Class under the auspices of the Fidelity Helping Hands Program (FHHP), …
Read More »President Tinubu Appoints New Board Of Family Homes Funds
IN furtherance of efforts by the federal government to consolidate activities aimed at energizing the growth opportunities within the real estate sector, President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Family Homes Funds Limited (FHFL): (1) Mr. Demola Adebise – …
Read More »House of Reps probes CBN’s N1.12tr Anchor Borrowers Scheme, NIRSAL’s N215bn Agric loans
THE House of Representatives on Tuesday mandated its Committee on Nutrition and Food Security as well as the Committee on Agricultural Production and Services; Agricultural Colleges and Institutions and Finance, to investigate the alleged misuse of the Federal Government’s interventions and agricultural funding by the Central Bank, the Nigeria Incentive-Based …
Read More »Israeli Generals, Low on Munitions, Want a Truce in Gaza
Israel’s top generals want to begin a cease-fire in Gaza even if it keeps Hamas in power for the time being, widening a rift between the military and Prime Minister Benjamin Netanyahu, who has opposed a truce that would allow Hamas to survive the war. The generals think that a …
Read More »IMF Raises Ghana’s 2024 Growth Projection To 3.1%
THE IMF announced on Monday that it has revised its growth projection for Ghana’s economy in 2024 to 3.1 percent, up from the previous estimate of 2.8 percent. This announcement was made by Stephane Roudet, the IMF mission chief for Ghana, during a joint press briefing with Ghana’s Ministry of …
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