Nigeria’s economy is expected to grow by 2.5 per cent in 2022 and by another 0.3 per cent next year, the World Bank has projected. The World Bank gave the forecast in its latest Global Economic Prospects report, a copy of which was obtained by Channels Television on Wednesday. “In Nigeria, growth is projected to […]
Month: January 2022
Umahi, Kalu declare interest in 2023 presidency race
The race to clinch the All Progressives Congress’ presidential ticket for 2023 became more competitive on Tuesday after Ebonyi State Governor Dave Umahi and Senator Orji Kalu publicly declared their ambitions. Their declarations came barely 24 hours after APC chieftain and former Lagos State Governor, Bola Ahmed Tinubu, indicated his interest to become Nigeria’s next […]
Djokovic saga leaves Australian open mired in uncertainty
The Australian Open is mired in controversy and confusion just days before it begins, with Novak Djokovic’s title defence in grave doubt and questions about his fitness even if he is allowed to play. The world number one’s decision not to get vaccinated against Covid-19 blew up when he was detained trying to enter Australia […]
16 burnt to death in South Africa mini-bus crash
Sixteen people were burnt to death on Tuesday when a minibus taxi and an SUV collided on a highway in South Africa’s northeastern Limpopo province, a local official said. The SUV driver lost control after a tyre burst and collided head-on with a 22-seater Mercedes-Benz bus, provincial transport ministry spokesman Mike Maringa told AFP on […]
Advances in space transportation systems transforming space coast
From a seaside perch overlooking the hustle and bustle of ships coming and going at Port Canaveral on Florida’s east coast, Dale Ketcham reflects on decades of history with nostalgia. “I moved here and learned how to walk on Cocoa Beach three years before NASA was created” in 1958, he said. Not only can Ketcham […]
U.S sanctions on Xinjiang threat to Africa’s economy – Centre
The Centre for China Studies (CCS) has urged the U.S. Government to abolish the sanctions placed on China’s Xinjiang autonomous region because it posed danger to Africa’s economy. Mr Charles Onunaiju, CCS Director, made the call in Abuja on Monday during a roundtable on the recent signing into law of the Uyghur Forced Labour Prevention […]
Evergrande: Real estate giant moves from Shenzhen head office to cut costs
Cash-strapped Chinese real estate giant Evergrande has moved out of its Shenzhen headquarters to cut costs. Evergrande said it had moved to a property that it owns, but that it was still in the same city. It comes as its rival Shimao Group said on Tuesday it is in talks with potential buyers for some […]
Tesla adds chill and assertive self-driving modes
Tesla’s automated driver assist feature has added an assertive driving mode. The setting will follow other cars more closely, change lanes more frequently, not leave the overtaking lane, and perform rolling stops. Such driver behaviour by humans is often discouraged by safety groups. However, it could sometimes be safer for an automated system to be […]
Poet Maya Angelou becomes first black woman to appear on US coin
Poet and activist Maya Angelou has become the first Black woman to appear on the US quarter, in a new version of the coin unveiled by the US Mint on Monday. Angelou, author of “I Know Why the Caged Bird Sings,” will also be the first figure commemorated through the American Women Quarters Program, which […]
Former Nigerian interim leader Ernest Shonekan is dead
Chief Ernest Shonekan who headed the Interim National Government that succeeded the junta of General Ibrahim Babangida, has died. Shonekan died in Lagos at the age of 85. He was the interim head of the Nigerian Government between August 26 and November 17 1993 when he was ousted in a coup led by late General […]