Girl child education gap costs Sub-Saharan Africa $210bn — Report
The United Nations has reported that the high dropout rate of girls in sub-Saharan Africa is causing an economic loss of about $210 billion each year. This loss underscores the…
Naira plummets over 50% in Cardoso’s first year in office – Report
The Naira has lost more than half of its value in the past year since Yemi Cardoso took office as the Governor of the Central Bank of Nigeria. According to…
Lagos, Dangote refinery disagree over parks, call-up system for trucks
The electronics call-up truck management system introduced by the Lagos State Government to prevent gridlock in the Lekki Port corridor appears to be facing significant challenges as key stakeholders disagree…
Vandals attack transmission line, leaving Yobe, Borno in darkness
Damaturu, the capital of Yobe State, and surrounding areas in Borno State have been plunged into darkness following the destruction of the Gombe-Damaturu-Maiduguri transmission line. This incident, attributed to vandals…
Average price of 12.5kg cooking gas hits N16,500 in south south states
The average price of a 12.5kg cylinder of Liquefied Petroleum Gas, commonly used for cooking, reached N16,524 in the South-South geopolitical zone in August, according to the latest data from…
Nigeria’s external reserves reach 22-month high amid weak Naira
Nigeria's external reserves have surged to a 22-month peak of $37.31 billion, reflecting a significant influx of foreign capital into Africa's largest economy. This growth, however, has not translated into…
Xiaomi overtakes Apple as world’s second-best smartphone brand
The Redmi 13 and Redmi Note 13 series have played a key role in helping Xiaomi capture significant market share in India, Southeast Asia, the Middle East, and Latin America,…
Surveyors calls for action to curb quackery
The Association of Private Practicing Surveyors of Nigeria, a subgroup of the Nigerian Institute of Surveyors, has emphasized the urgent need for concerted efforts to combat the rising prevalence of…
Sanwo-Olu calls for environmentally-friendly real estate
Lagos State Governor Babajide Sanwo-Olu has underscored the significance of innovation, sustainability, and inclusivity in shaping the future of the real estate sector in Lagos. His remarks reflect a commitment…
Musk’s SpaceX plans five travels to Mars in two years
SpaceX is preparing to launch five uncrewed Starship missions to Mars within the next two years, according to CEO Elon Musk. In a social media post on Sunday, Musk confirmed…
MPC expected to lower interest rates on Tuesday
Analysts are anticipating a potential shift in the Central Bank’s hawkish stance on the benchmark interest rate as the Monetary Policy Committee convenes for a two-day meeting today. Some financial…
Tariff hike looms as electricity subsidy hits N182bn
Electricity consumers on Band A feeders may soon face another tariff increase due to a sharp rise in the electricity subsidy provided by the Federal Government. Recent figures reveal that…
