Month: November 2023

China Moves To Build New Refinery In Sri Lanka

Sri Lanka has concluded plans to award a multi-billion dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the energy minister confirmed on Wednesday.  According to Kanchana Wijesekera, asserted that the government would shortly enter into an investment agreement with Sinopec to build the refinery next to the Chinese-run […]

Tax Debts: Lagos Govt Shuts Down 34 Companies [FULL LIST]

No fewer than 34 companies have been shut down the Lagos State Internal Revenue Service (LIRS) over their failure to remit personal income tax of their employees and non-remittance of other taxes worth ₦356.12 million. The Director of Legal Services at LIRS, Seyi Alade made this disclosure yesterday while addressing a state-wide tax law enforcement […]

Failed Show: Pinnick Drags Davido To Court, Seeks ₦2.3bn

Brownhill Investments Company Limited who are the organisers of the annual ‘Warri Again Concert’, have instituted a ₦2.3bn suit against hip-hop artiste, David Adeleke, popularly known as Davido, over an alleged breach of agreement/contract entered into between them. Brownhill Investments Company Limited, which is owned by a former President of the Nigeria Football Federation (NFF), […]

You Won’t Freely Exit From Russia, Putin Warns Western Firms

Western companies in Russia has been warned by the Kremlin that there would be no ‘free exit’ which will see them selling their Russian assets even as they were reminded that they would have to abide with strict rules dictated by Moscow. The Financial Times earlier on Tuesday, citing persons engaged in recent acquisitions, said […]

Tinubu Wades Into Rivers Crisis, Meets Wike, Fubara

Reports reaching the desk of Africa Today News, New York has it that the President of Nigeria, Bola Tinubu has finally waded into the political situation in the oil-rich Rivers State.  The President, on Tuesday, met with the Rivers State Governor, Siminalayi Fubara; and his predecessor, Nyesom Wike, who is now the Minister of the […]

‘No Excuse’ For Colonial Violence In Kenya – King Charles

The King of England, King Charles III on Tuesday acknowledged the ‘abhorrent and unjustifiable acts of violence committed against Kenyans‘ during their independence struggle. The Monarch addressed the ‘wrongdoings’ of Britain’s colonial era on his state visit to Kenya. He told a state banquet in Nairobi of his “greatest sorrow and regret” and that there […]

We Have Zero Plans To Redenominate Naira – CBN Clarifies

The Central Bank of Nigeria (CBN) has come out to debunk the viral claims that it had plans to redenominate the country’s currency, Naira, with effect from January 2024. CBN’s Director of Corporate Communications, Isa AbdulMumin made this known on Tuesday in a statement which was made available to Africa Today News, New York. The […]

Cholera Crisis Hits Zimbabwe Over Chronic Water Shortages

Zimbabwe is currently battling to stem the spread of deadly cholera in its cities and villages due to the fact that the country simply lacks clean water. Africa Today News, New York reports that Cholera which is an acute diarrhoeal infection caused by consuming food or water contaminated with the bacterium Vibrio cholerae, can spread […]

Tinubu’s Govt Vows To Launch 1 Million CNG Vehicles By 2027

The Federal Government of Nigeria led by President Bola Tinubu has opened up on plans to introduce one million Compressed Natural Gas powered vehicles by 2027. The announcement was made by the Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, during a stakeholders’ meeting held on Sunday at the Bank of […]

Economic Tactics In SHRM: Boosting Excellence By J. Oladeji

In an era where innovation and adaptability are the currencies of global enterprise, one groundbreaking research paper presented at the New York Learning Hub stands poised to redefine the paradigms of organizational strategy. Helmed by the distinguished Ms. Oladeji Taiwo Justina, this pioneering study promises to be a cornerstone in the melding of economics and […]

Rivers Crisis: It’s A Battle For Political Relevance – Wike

The Minister of Federal Capital Territory (FCT) and immediate former Governor of Rivers State, Nyesom Wike has finally opened up on the current crisis rocking Rivers State amid the plot to impeach Governor Siminalayi Fubara of the oil-rich state. Wike, who received the South-South leaders of the party at his office on Tuesday, emphasised the […]