The Universal Basic Education Commission (UBEC) said it disbursed N533.7billion to the 36 States and the Federal Capital Territory between 2005 and 2021 for basic education. This is contained in a statement by UBEC Head of Public Relations, Mr David Apeh, on Tuesday in Abuja. Reacting to insinuations that 110 billion Naira accessed by states […]
Hollywood star Ben Stiller met Volodymyr Zelensky in Kyiv on Monday, hailing the comedian-turned-president as “my hero” for rallying the world’s support for Ukraine in the face of Russia’s invasion. “It’s a great honour for me.. you’re my hero!” said Stiller, a UN goodwill ambassador who met the Ukrainian leader on World Refugee Day. “What […]
Addresses to summits and national parliaments around the world by Ukraine’s President Volodymyr Zelensky have become a staple of the diplomatic calendar over the last few months. But when he spoke to the African Union (AU) on Monday only four heads of state from the continent listened in, with the others represented by subordinates or […]
It was one of the unusual days in Lagos on Monday as many residents spent hours waiting on queues in filling stations at various locations in the state. This was as a result of the scarcity of Premium Motor Spirit (PMS), popularly known as petrol which affected businesses which depend on the product for power […]
The owner of British chocolate brand Cadbury has announced that it is buying US energy bar maker Clif Bar & Company for $2.9bn (£2.4bn). Mondelez International – which also owns Oreo, Toblerone and Milka – says the deal will help drive its plans to “lead the future of snacking”. The food and drinks giant also […]
Inside the cavernous Our Lady of Perpetual Help Catholic Church in Lagos, a man in a dark hoodie stops menacingly at the entrance and glares at the Christ statue before him. He crosses himself slowly, staggers against the pews and freezes. Black baseball cap shielding her eyes, director Esther Abah squints into her monitor. The […]
Ericsson, a Swedish multinational telecommunications company predicted that the 5G would reach 4.4 billion by 2027 globally. Ericsson made this known in the latest edition of its mobility report released on Tuesday. It also predicted that with current global trends, 5G subscription would pass the one billion milestone by the end of 2022. The report […]
Worsening foreign exchange (forex) scarcity in the country, coupled with an unfavourable operating environment, weakened purchasing power and low demand for locally-assembled vehicles, have inflicted a toll on the automobile sub-sector, as Nigeria has expended over N4.12 trillion on the importation of used vehicles in the past 10 years. The downturn has caused the profit […]
Russia has become China’s biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war. Imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia as China’s biggest provider. China has ramped up purchases of Russian oil despite […]