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Economic expert: Key lessons learnt from exiting recession

Economic expert, Prof Uche Uwaleke has listed four major lessons to be learnt from National Bureau of Statistics (NBS) report which stated that Nigeria has exited the current economic recession.
National Bureau of Statistics NBS

Nigeria rebounds from recession with 0.11% GDP growth

The National Bureau of Statistics (NBS) says Nigeria’s GDP grew by 0.11 per cent in Quarter Four (Q4) 2020, from the 6.11 per cent contraction in Q3, signalling a gradual recovery from recession.
A leading Real Estate company, Landwey, has concluded plans to open Nigeria’s first ever wellness and polo city on April 3 in Lagos.

LandWey to open first wellness and polo city

A leading Real Estate company, Landwey, has concluded plans to open Nigeria’s first ever wellness and polo city on April 3 in Lagos.
US President Donald Trump waves as he boards Air Force One at Andrews Air Force Base, Maryland, December 23, 2020. (Patrick Semansky/AP)

Donald Trump considers pardoning himself, family members, close associates

US President Donald Trump has told advisers on several occasions since Election Day that he is considering giving himself a preemptive pardon and asked what the legal and political ramifications would be if did so, according to a report by the New York Times published Thursday.
The World Bank on Friday announced the appointment of Cyndo Obre as the new International Finance Corporation (IFC) representative in Benin.

World Bank appoints new head of IFC in Benin

The World Bank on Friday announced the appointment of Cyndo Obre as the new International Finance Corporation (IFC) representative in Benin.
The Nigerian Society of Engineers, NSE, the umbrella body for the Engineering Profession in Nigeria, has conferred its prestigious distinguished fellowship on the Chief Executive Officer of ntel, Hon. Engr. Babatunde Omotoba, in attestation of his standing as a foremost practitioner among the cadre of engineers in Nigeria.

NSE confers fellowship on ntel boss

The Nigerian Society of Engineers, NSE, the umbrella body for the Engineering Profession in Nigeria, has conferred its prestigious distinguished fellowship on the Chief Executive Officer of ntel, Hon. Engr. Babatunde Omotoba, in attestation of his standing as a foremost practitioner among the cadre of engineers in Nigeria.
000-8UR7VN

New York says good riddance to native son Donald Trump

Joyous New Yorkers poured into the streets Saturday after Democrat Joe Biden defeated Donald Trump to win the White House, erupting in celebration as the business mogul and former star of The Apprentice was told: “You’re fired.”
Barcelona coach Ronald Koeman was happy to see Leo Messi have minutes in their friendly win against Nastic.

Rakuten extends Barcelona sponsorship

Japanese group Rakuten has agreed to continue as Barcelona’s lead sponsor for one more season, the club announced on Friday.
Samsung Electronics vice-chairman Lee Jae-yong was not in attendance for a scheduled court hearing Monday after the death of his father, Samsung chairman Lee Kun-hee, was announced yesterday. Yonhap

Samsung heir absent from bribery retrial following father’s death

Samsung Electronics vice-chairman Lee Jae-yong was not in attendance for a scheduled court hearing Monday after the death of his father, Samsung chairman Lee Kun-hee, was announced yesterday. Yonhap reports that the conglomorate’s de facto leader and presumed heir had asked the Seoul High Court to permit him to attend the funeral.
U.S. President Donald Trump and Democratic challenger Joe Biden offered sharply contrasting views on the still-raging coronavirus pandemic at Thursday’s final presidential debate, seeking to persuade the few remaining undecided voters.

Donald Trump, Joe Biden clash over virus pandemic in less chaotic final debate

U.S. President Donald Trump and Democratic challenger Joe Biden offered sharply contrasting views on the still-raging coronavirus pandemic at Thursday’s final presidential debate, seeking to persuade the few remaining undecided voters 12 days before the November 3 election.
Sequel to the collapse of a school building in Ejigbo in the early hours of Saturday, the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu has directed the Ministry of Physical Planning and Urban Development to carry out integrity tests on both public and private schools with buildings of 3 floors and above.

Lagos governor seeks monthly payment of house rent for residents

The Lagos State Government has called on stakeholders in real estate sector to work out modalities for residents to pay house rents on monthly basis instead of yearly.
Sequel to the collapse of a school building in Ejigbo in the early hours of Saturday, the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu has directed the Ministry of Physical Planning and Urban Development to carry out integrity tests on both public and private schools with buildings of 3 floors and above.

Lagos seeks monthly payment of house rent for residents

The Lagos State Government has called on stakeholders in real estate sector to work out modalities for residents to pay house rents on monthly basis instead of yearly.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s manufacturing sector contracts further

As the Nigerian economy contends with the effect of the COVID-19 pandemic, the manufacturing Purchasing Managers’ Index (PMI) has further contracted for the fifth consecutive time at 46.9 index points.
Google is changing how Google Drive handles trashed files and documents. Starting on October 13th, files in the trash will automatically delete after 30 days.

Google Drive will start to delete trashed files after 30 days starting on October...

Google is changing how Google Drive handles trashed files and documents. Starting on October 13th, files in the trash will automatically delete after 30 days. The change means that Drive’s trash will work the same way as other Google products, like Gmail, for more consistent behavior across all of Google’s products.
Shoppers leave the Shoprite store in Daveyton, South Africa May 23, 2018. REUTERS-Siphiwe Sibeko

NIPC: Shoprite move an opportunity for Nigerian investors

The announcement by Shoprite Holdings Limited, the South African supermarket chain operator, of a formal process to consider the potential sale of all or a majority stake in its Retail Supermarkets Nigeria Limited may be an opporunity for Nigerian investors, the Nigerian Investment Promotion Commission (NIPC) has said.
Pan-African investment company, Heirs Holdings has announced the appointment of Dan Okeke as Group Executive Director.

Heirs Holdings names new group executive director

Pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as Group Executive Director.
Chinese Foreign Ministry spokesperson Zhao Lijian speaks at the daily media briefing in Beijing on April 8. GREG BAKER-AFP VIA GETTY IMAGES

China orders four US media outlets to disclose finances, staff

China on Wednesday ordered four US news outlets to disclose details of their staff and financial operations in the country within seven days, as a media row escalates between Washington and Beijing.
Lagos State Commissioner for Waterfront Infrastructure Development, Ahmed Kabiru Abdullahi

Lagos to create more Islands to curb land scarcity

To further increase land availability for housing and infrastructure development, the Lagos State Government has expressed the desire to continue to create more man-made islands at its waterfront across the State.
All Progressives Congress (APC) national stalwart Asiwaju Bola Ahmed Tinubu, has described as premature, talks about 2023 elections and the successor to President Muhammadu Buhari. To him, those making such calls do not love Nigeria.

Asiwaju Tinubu: How central bank can boost production, investment

To lift the Nigerian economy into prosperity, the Central Bank of Nigeria (CBN) must seize the advantage of the coronavirus pandemic-induced crisis to lower the interest rates with a view to boosting domestic production and investment.
The Kenyan central bank’s Monetary Policy Committee will hold its next meeting on April 29, it said on Tuesday, changing it from the initial scheduled date of April 27.

Kenya’s central bank cuts benchmark lending rate again

Kenya’s central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the impact of the coronavirus were having an effect but it needed to do more due to the adverse economic outlook.

Lagos coy donates relief materials to 1000 families

Leading Real Estate and Property Development Company, Lekki Gardens Estate Limited, has announced donation of essential food supplies to over 1000 families in its host communities in parts of Lagos State, as its contribution to mitigate the impact of the COVID – 19 pandemic on homes.

Didier Drogba joins effort to distribute aid to poor in Ivory Coast

Former Ivorian striker Didier Drogba and one of the country’s biggest music groups Magic System distributed aid on Friday to 200 families in a poor area of Abidjan as part of the effort to fight the coronavirus crisis.

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Court orders Ekiti university to reinstate sacked workers

The National Industrial Court in Akure has ordered the Ekiti State University (EKSU), Ado Ekiti, Ekiti State, to reinstate 85 non-teaching staff members sacked by the institution in December 2019.

INEC to hold Aba Reps by-election on March 27

The Independent National Electoral Commission (INEC) has fixed March 27, for the Aba North/South Federal Constituency by-election in Abia.
Seventy-five members of the Boko Haram and Islamic State West Africa Province (ISWAP) terrorist groups have been killed by the military across the North East in the last six weeks.

Troops foil Boko Haram attack, rescue passengers in Borno

Nigerian troops have foiled an attack from Boko Haram and ISWAP and rescued passengers along the Maiduguri-Damaturu highway in the Auno axis of Borno State.

SSANU, NASU suspends strike after three weeks

The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26.
The Chairman- Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. General Mohamed Buba Marwa, has urged Nigerians to take ownership of the renewed fight against the menace of drug abuse in the country.

NDLEA boss urges Nigerians to take ownership of war against drug abuse

The Chairman/Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. General Mohamed Buba Marwa, has urged Nigerians to take ownership of the renewed fight against the menace of drug abuse in the country.

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NDLEA nabs man who imports drugs-baked cakes, biscuits for Lagos elites

The National Drug Law Enforcement Agency, NDLEA, has burst a syndicate that specialised in importing cakes, biscuits and other confections (baked with drugs) for the rich in Lagos State, arresting the leader— Samuel Ebenezer.
NDLEA

Court grants NDLEA permission to destroy explosive laden container

Justice Ayokunle Faji of the Federal High Court in Lagos has granted leave to the National Drugs Law Enforcement Agency (NDLEA) to destroy a 1×20 feet container loaded with 381 bags of Ammonium Nitrate, a Chemical used in producing explosives.
This was made known by the Director-General, NADDC, Jelani Aliyu, Abuja at the unveiling of Hyundai Kona Electric Car, Nigeria’s first locally assembled electric car in Abuja.

NADDC: Nigerian government attracted over $1 billion investment in automobile industry in 2019

This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.
Lagos State University - LASU

LASU: Selection process of new VC credible

The management of the Lagos State University, LASU, has said the ongoing process of selecting a substantive Vice Chancellor for the institution is credible and warned against attempts by some people to discredit the process.
FILE PHOTO - The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS-Johanna Geron-Illustration-

Facebook bans Myanmar’s military weeks after coup

Facebook has banned the Myanmar military and military-controlled state media from using its platforms weeks after a military coup in the south-east Asian country that provoked violent demonstrations, the company announced on Thursday.