The war in Ukraine is “a catastrophe” for the world which will cut global economic growth, the president of the World Bank has told the BBC. “The war in Ukraine comes at a bad time for the world because inflation was already rising,” said David Malpass. He stressed his biggest concern is “about the pure […]
The Commissioner of Information, Kano State, Mohammed Garba, says the Dala Dry port will make Kano a hub of domestic and international trade. Garba, in a statement made available to newsmen on Thursday in Abuja, said the port would also diversify the economic base of the country. He said the state government would be holding […]
Eight days after President Muhammadu Buhari assented to the Electoral Act 2022, the National Assembly has begun the process of amending the legislation, which has divided Nigerians. President Muhammadu Buhari had written to the Senate to amend the newly signed act. The President, in a letter addressed to Senate President Ahmad Lawan, and read at […]
Twitter’s new chief Parag Agrawal on Thursday said it will reopen offices globally this month but let people work remotely if they wish, as many businesses end closures put in place to fight the spread of Covid-19. Google is also preparing for employees to return to its Silicon Valley offices in early April, with the […]
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, said the organisation was “deeply saddened by the continued suffering and loss of life” as a result of the war in Ukraine. She said this in a statement on Wednesday, as the war which has shocked the world and threatened global stability entered its seventh […]
Chelsea’s Russian owner Roman Abramovich said on Wednesday he had made the “incredibly difficult” decision to sell the Premier League club, pledging that proceeds would go to victims of the war in Ukraine. The billionaire believes it is in the “best interest” of the Champions League holders if he parts ways with the club he […]
The Minister of Women Affairs, Pauline Tallen, says male lawmakers who voted against gender bills seeking to amend the constitution have no regard for women. She said this on Wednesday after the Federal Executive Council (FEC) meeting in Abuja. “It clearly shows that the men that were against the bill don’t have any respect for […]
The first batch of Nigerian evacuees from Ukraine is expected to arrive in Nigeria on Thursday. This was disclosed in a statement on Wednesday by the Permanent Secretary, Ministry of Foreign Affairs, Ambassador Gabriel Aduda. According to the statement, chattered flights will begin picking up Nigerian evacuees back home from the neighbouring countries surrounding Ukraine […]
The Nigerian National Petroleum Company (NNPC) Limited on Wednesday sealed a deal with partners on gas aggregation to increase local production of fertiliser in the country. The Gas Aggregation Agreement was signed in Abuja on the sideline of the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the theme “Revitalising the Industry: Future Fuels […]
Energy giant ExxonMobil and aviation group Boeing have joined the growing list of companies to take action over Russia’s invasion of Ukraine. ExxonMobil said it will exit a multi-billion dollar joint venture with Russian state-owned company Rosneft. It is the latest oil producer to cut business ties with the country, after similar moves by BP, […]