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The World Bank in a report released on the 11th of January, 2022 estimated a 2.5 percent economic growth in Nigeria for the year 2022, 0.1 percent higher than the projection for 2021. The report was titled ‘Global Economic Prospects’; in the report, the World Bank stated that the elevated commodity prices are anticipated to…
West African countries under ECOWAS last Sunday decided to close borders with Mali, besides imposing sweeping economic sanctions in response to what it calls ‘unacceptable delays’ in holding promised elections after a 2020 military coup. The decision followed a summit of leaders of the bloc called to discuss a proposal from Mali’s transitional authorities to hold elections in December 2025 instead…
Dangote Cement factory is on course to commission a one billion dollar cement factory projected to produce about 6 million metric tons of cement every year. In line with the promise to improve its cement production capacity, Dangote Cement Company started the construction of the cement factory in Okpella in Etsako-East Local Government, Edo State….
The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, had his tenure extended last year as part of efforts to ensure the stability of the financial institution. In this media interview, he speaks about the intervention of the Central Bank of Nigeria, the future of the bank, trends that shaped the…
While I was still in the fold of my blanket this morning, I was unprepared for the sad story of the departure of one of the finest souls that lived among Nigerians. HRH, Muhammadu Sanusi II broke to a group I belong the news that Alhaji Bashir Tofa died last night. I abandoned the idea…
Premium sporting excitement awaits football enthusiasts in Africa and beyond as 24 countries will vie to be crowned the new Kings of African Football. The month-long continental showpiece will get underway on January 9 and an intense battle on the pitch is expected with the galaxy of stars converging in Cameroon ready to slug it…
Following the violent uprisings at the U.S Capitol last year and the more recent outcry by retired generals of the U.S Army, stableness of political administration in The States seems to be heading towards a precarious position. Talks of a military coup, a domestic crisis, and an ultimate power tussle are gathering like dark clouds…
This is the concluding part of the Journal’s special report highlighting the major events, issues and occurrences that helped shape 2021 in Nigeria on the political, economic, sporting, entertainment and overall national front. The Part III below provides a recap of key events that occurred within the months of September to December 2021. We wish…
Bolu Afolabi Foundation, a Non- Governmental Organization in South-Western Nigeria is widely known for its humanitarian services, entrepreneurship and leadership trainings. The foundation has impacted many lives since its creation in 2017 and it aims to continually improve on its capacity to deliver on that mandate. Its vision “to simply better the world” is being…
Firstly, the Okpella people wish to commend Governor Godwin Obaseki for considering it worthwhile to site an airport/aerodrome in Edo North. When indeed this unprecedented proposal does eventually come to fruition, his name in Edo North would stand out in glistening diamond among his contemporaries. We are indeed grateful for his vision. By virtue of…
