By Kadiri Abdulrahman As a way of tackling the problem of growing youth unemployment in Nigeria, the Central Bank of Nigeria (CBN) on Thursday formally launched the Tertiary Institutions Entrepreneurship Scheme (TIES) in Abuja. The apex bank also presented cheques of N5million each to six pioneer beneficiaries of the scheme to help boost their businesses, create employment and […]
Dow futures plunged and oil fell more than 6% on Friday as the emergence of a new Covid-19 variant rattled global markets. Asian stocks led the way, with Hong Kong’s Hang Seng Index (HSI) dropping 2.7%, while Japan’s Nikkei 225 (N225) was down 2.5%. European markets sold off heavily, with major indexes including the FTSE100, France’s CAC40 (CAC40) and Germany’s DAX (DAX) all down by between 2.5% and 3%. US […]
The Court of Appeal sitting in Lagos has upheld the final forfeiture order on the $40 million worth of jewellery seized from the premises of the former Minister for Petroleum, Diezani Allison-Madueke. Justice Festus Obande, who read the judgment on Friday, held that there was no substance in Alison-Madueke’s bid to overturn the lower court’s […]
By Ayodeji Alabi Gov. Oluwarotimi Akeredolu of Ondo State has approved the appointment of seven directors to represent the state on the board of some companies. Mr Donald Ojogo, State Commissioner for Information and Orientation made this known in a statement made available to newsmen in Akure on Thursday. Akeredolu said the directors are; Dr […]
Israel and Britain have announced new travel restrictions on several African countries over concerns about a new Coronavirus variant. Israel reclassified South Africa, Lesotho, Botswana, Zimbabwe, Mozambique, Namibia and Eswatini with immediate effect, Prime Minister, Naftali Bennett’s office said after a special meeting. Foreigners from these countries can no longer travel to Israel from those […]
The Economic Community of West African States, (ECOWAS) says it is contemplating imposing sanctions, including suspension of member countries that flout rulings of the Community Court of Justice. The move the regional body says stems from the fact that flouting the community court’s ruling was against the dictates of the “Community Texts’’ and which also […]
The national carrier, Nigeria Air is expected to take off in April 2022, the Minister of Aviation, Senator Hadi Sirika, has announced. This follows the approval of the outline business case for the establishment of the national carrier by the Federal Executive Council (FEC) on Wednesday. Sirika, who made the announcement in Abuja while briefing […]
A jury in the U.S. state of Georgia convicted three white men of murder in the fatal shooting of African American Ahmaud Arbery, concluding a high-profile trial encompassing thorny topics such as racial profiling and self-defense. The jury ended nearly 10 hours of deliberations Wednesday, finding the key defendant Travis McMichael, 35, guilty of felony […]
JP Morgan boss Jamie Dimon has apologised after saying his Wall Street bank would outlast China’s Communist Party. The comments, made at a US event, sparked anger in China, with experts warning they could jeopardise the bank’s ambitions in the country. Mr Dimon said: “I regret and should not have made that comment,” in a […]
The #TurnUpFridayWithInfinix contestants have been bringing all the heat and energy to the show with their best feet forward. Participants are having the best party experience with Energy Gad, Do2dtun, switching up the energy on their TV screens on Friday nights. It is definitely something to look forward to. After you consider that you can […]