The South Korea Ambassador to Nigeria, Mr Kim Pankyu, says his country’s Official Development Assistance (ODA) aims to promote and support Nigeria’s agriculture. Pankyu said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday. “South Korea’s Official Development Assistance (ODA) is programmed to actively promote and support Nigeria’s agriculture,…
Russia’s Tsentr (Centre) group of forces has eliminated up to 430 Ukrainian soldiers over the past 24 hours, the Russian Defence Ministry said on Tuesday. “The losses of the Ukrainian armed forces amounted to up to 430 military personnel, five armored combat vehicles, including a U.S.-made M113 armored personnel carrier. “Also are 12 vehicles and…
Mr Mahmoud Youssouf, Chairperson of African Union Commission (AUC), on Tuesday reaffirmed the mission’s commitment to working closely with international partners in advancing sustainable development across the continent. Youssouf disclosed this in a statement by Mr Nuur Sheekh, Spokesperson of the AUC Chairperson during his official visit to the Republic of Angola from March 18…
Former President Olusegun Obasanjo has cautioned that democracy is dying in Africa, stressing that its decline stems from an alignment with African values and realities. Obasanjo’s concern was echoed somewhat by the former secretary general of the Commonwealth of Nations, Chief Emeka Anyaoku, who warned that military incursion in governance especially in sub Saharan Africa…
First Bank of Nigeria Ltd. on Monday innaugurated its fifth Digital Xperience Centre in Lekki, Lagos, to address the growing demand for convenient and accessible banking services. The Managing Director of First Bank, Mr Olusegun Alebiosu, at the event, said the branch would provide convenient access to banking services and facilities 24 hours daily. Alebiosu…
Independent National Electoral Commission (INEC) has urged the Federal Government to honour the late former Chairman of the defunct National Electoral Commission (NEC), Prof. Humphrey Nwosu, who conducted the annulled June 12, 1993 elections. INEC Chairman, Prof. Mahmood Yakubu, while speaking at a programme organised by the commission in honour of Nwosu, said it was…
The Benue State Government says there is no reason for people to call for the declaration of emergency rule in the state. Mr Tersoo Kula, the Chief Press Secretary to Gov. Hyacinth Alia, said this in a statement, on Monday in Makurdi. Kula, who was reacting to the press briefing by the Centre for Judicial…
Air Peace has announced a 15 per cent discount on economy class tickets for students travelling from Lagos to London for higher education abroad. The airline’s Head of Corporate Communications, Dr Ejike Ndiulo, confirmed this in a statement on Monday in Lagos. Ndiulo stated that the discount aims to help students travel at reduced fares,…
The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on Friday. The All-Share Index also rose…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has raised alarms about potential risks linked to the Naira-for-crude oil policy. The association warned that the policy could jeopardise Nigeria’s foreign exchange stability and discourage Foreign Direct Investment (FDI) inflows. Olufemi Adewole, Executive Secretary of DAPPMAN, expressed these concerns in a statement issued on…
