The aviation sector supported 27% of Dubai’s GDP in 2023, with an economic contribution of AED 137 billion (USD 37.3 billion) – which is set to rise to almost a third of Dubai’s GDP by 2030. The total aviation sector impact includes the sector’s core impact as well as the …
Read More »Stanbic IBTC Bank charts new frontiers in Nigeria’s agricultural terrain
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, reaffirmed its commitment to transforming the nation’s agricultural sector by providing access to finance, infrastructure, capacity building, and technology. The bank made this announcement during its 2024 Agribusiness Breakfast Summit, which was themed “Driving economic transformation through agro-processing: Building a sustainable …
Read More »‘You Should Be Sanctioned For Perjury’, PTD Chides NUPENG President
The Petroleum Tanker Drivers (PTD) Branch of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has taken a swipe at the President of the Union, Williams Akporeha for giving false details while standing in the witness box with the intention to mislead the trial judge in the court …
Read More »DAILY GLOBAL NEWSPAPER ANNOUNCES UPCOMING CONFERENCE ON SUSTAINABLE INFRASTRUCTURE TRANSFORMATION
The Daily Global Newspaper is pleased to announce the next edition of its prestigious conference series, scheduled to hold on 21 November 2024, by 11am at the Oriental Hotel, Victoria Island, Lagos. Themed “Leveraging Science, Technology, and Innovations for Sustainable Infrastructure Transformation,” the event promises to bring together high-profile stakeholders …
Read More »EFCC Nets N400bn in historic crackdown on corruption, cybercrime
The Economic and Financial Crimes Commission (EFCC) has recovered over N400 billion in various currencies from from looters and fraudsters in the last one year. The feat was achieved under the leadership of Ola Olukoyede, the current Chairman of the Commission. It is one of the largest recoveries from the …
Read More »Power minister sets up six-member committee to address grid collapses
The Minister of Power, Adebayo Adelabu, has constituted a six-member Committee to address the incessant grid collapses. This was made known in a statement on Tuesday by Bolaji Tunji, Special Adviser, Strategic Communication and Media Relations to the Minister. He said the committee would advise the Federal Government on necessary …
Read More »Nigerian Investors Warn Govt Against Indulging NIPCO, Turning CNG Sector Into Monopoly
He believed the preference aimed to enable NIPCO to dominate the CNG business and stifle competition. Concerns are rising among marketers about the government’s grant of excessive rights to NIPCO, potentially leading to a monopoly in the Compressed Natural Gas (CNG) market. This worry stems from a recent gas explosion …
Read More »Kano State Bars 14 Journalists Including NTA, FRCN Staff From Covering Activities
While no official reason was given, Dawakin-Tofa’s message hinted at “recent developments” being the motivation behind this decision even as the message has raised an eyebrow. The Kano State government under Governor Abba Yusuf’s administration has withdrawn accreditation from 14 journalists who were assigned to cover government activities. Sanusi Bature …
Read More »Projects: We will review compensation rates for affected persons — FG
The Federal Government has said that it will review the compensation rates on crops and economic trees for landowners affected by projects to ensure fairness and justice. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this move by the Federal Government on Monday in Abuja. Commercial Playground Equipment …
Read More »Faruk Lawan regains freedom after serving jail term
Former House of Representatives member, Farouk Lawan, has been released from Kuje Prison after serving a five-year sentence for bribery. His release on Tuesday morning was confirmed by the spokesperson for the Nigerian Correctional Service, FCT Command, Samson Duza. “Lawan was released this morning after completing his jail term,” Duza …
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