Sisi Set To Take Oath For Third Tenure In Egypt, Tuesday
Abdel Fattah al-Sisi, the incumbent Egyptian president, is set to begin his third consecutive term with the oath-taking ceremony scheduled for Tuesday, within the burgeoning precincts of the nascent capital outside Cairo, as confirmed by Al-Ahram, the state-backed publication, on Monday. With a decade-long tenure under his belt, Sisi is set to renew his oath […]
April Fools’ Jest: Trump Declares Suspension Of Campaign
On Monday, Donald Trump surprised his supporters with what initially seemed to be a declaration of the discontinuation of his reelection campaign. However, it turned out to be an April Fools’ fundraising stunt. In his bid to unseat his Democratic rival Joe Biden from the White House in the November election, the former Republican president […]
NBET Blames TCN For Obstructing $69.38m Debt Retrieval
The Nigeria Bulk Electricity Trading Company claims that a complaint filed by the Transmission Company of Nigeria hindered its efforts to reclaim approximately $69.38 million in debt owed by two overseas enterprises based in Benin Republic. Under the watchful eye of the Federal Ministry of Finance, NBET manages power sales on behalf of the Federal […]
Electricity Demand Rose To 12.12 Million In Q4 2023 – NBS
There was a notable surge in the number of electricity consumers, which rose by 410,000 from the third quarter of 2023 to the fourth quarter, reaching a total of 12.12 million. The National Bureau of Statistics’ Electricity Report for the fourth quarter (Q4) of 2023, released in Abuja on Monday, noted a 3.46 percent rise […]
Labour: Nigeria’s Annual Textile Imports Cost $4 Billion
Import dependency plagues Nigeria’s textile industry, with the National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) revealing that over $4 billion worth of textile goods are imported annually, representing nearly 90% of the sector’s consumption. Meanwhile, the federal government unveils plans to rejuvenate the dormant sector, showcasing its commitment to revitalizing Nigeria’s […]
US Presidential Poll: Meta To Shut Fake News Watch Tool
Meta, the corporate entity behind Facebook, has announced its intention to phase out CrowdTangle, a valuable digital tool in the fight against misinformation, particularly as the political landscape intensifies during this election year. Researchers are apprehensive about the potential setback in detecting and addressing the anticipated influx of deceptive political content. With less than three […]
Liberty Media, Owners of F1, Acquire MotoGP For $4.5bn
Liberty Media, the proprietors of Formula One, announced on Monday their acquisition of MotoGP in a transaction estimated at approximately $4.5 billion, disclosed the American enterprise. In a statement, MotoGP affirmed that Liberty Media is poised to secure an “approximately 86 percent” interest from Spain-based owners Dorna in a deal estimated at 4.2 billion euros […]
Report: Cardiovascular Ailment, Cancer Top Global Death Causes
In a recent disclosure, the Institute for Health Metrics and Evaluation (IHME), housed within the University of Washington, USA, and specializing in global health analytics, has highlighted that 33 percent of global mortality stems from heart diseases. Cancer emerges as the second leading cause of death globally among noncommunicable diseases, responsible for 18 percent of […]
Bright Osayi-Samuel Among Fenerbahce Probed Players
Bright Osayi-Samuel, the Nigerian football sensation, finds himself among the trio from Fenerbahce summoned by the Turkish Football Federation for a showdown after an altercation with Trabzonspor supporters, as confirmed by the TFF on Monday. Chaos erupted at Trabzonspor’s stadium as jubilant home fans stormed the pitch following the Super Lig showdown on March 17, […]
Angola Plans To Set Up Visa, Investment Hub In Nigeria
Angola’s diplomatic mission in Nigeria is gearing up to launch a dedicated visa and investment facility, facilitating smoother travel from Angola to Nigeria. These details were disclosed in a statement issued by the Institutional Communication and Press Services of the Embassy in Nigeria, Benin, Niger, and ECOWAS. In its statement, the embassy disclosed that the […]
Moscow Offense: Russia Takes 4 More Individuals Into Custody
The FSB security agency of Russia reported that four individuals apprehended on Sunday in an intercepted “terror” scheme had supplied funds and weaponry for the recent fatal assault on a Moscow music venue. Over 140 individuals lost their lives as armed assailants raided the Crocus City Hall premises on March 22, subsequently igniting the structure […]
El-Rufai’s Debt Strangulating Kaduna State – Shehu Sani
A former Senator, Shehu Sani who represented Kaduna Central, has stated that if he had been listened to when he opposed former governor Nasir El-Rufai’s acquisition of loans, Kaduna State would not have found itself in the current quagmire of a multi-million dollar debt burden. Africa Today News, New York reports that Shehu Sani recently commented […]