Category: Economy - Page 3 - People&Politics

Jan

31

2024

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By People&Politics

Nigeria Witnesses Steady Increase In Active Voice, Internet Subscriptions

Economy, News

*Drop In Teledensity Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications Commission (NCC). The statistical indicators have been adjusted to reflect the latest population growth figures in line with international best practices. The adjustment which is reflected in the telecom industry statistical reports of September, October, and November 2023 published on the Commission’s website, was predicated upon the Nigerian Population Commission (NPC)’s projection of Nigeria’s population at 216,783,381, as of 2022, replacing the previously used 2017 projection of…

Jan

27

2024

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Rise And Rise Of Abdulrasaq Isa Kutepa’s Waltersmith Petroman

Economy

By TUNDE OLUSUNLE Nigeria's popular and highly regarded Thisday newspapers did its typical annual summation of remarkable individuals and corporate entities who and which impacted the broad esplanade of the nation's multispectral space, last year. The front page of the Monday December 25, 2023, which was the Christmas day edition of the publication featured portraits of some of those the newspaper described as "Movers and Shakers" of the receding year. It was a potpourri of impactful contenders for the highest political offices in the land, as well as state governors who were deemed to have offered good governance to their…

Nov

02

2023

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Akwa Ibom Gov, Corporate Groups Excited Over Editors Confab

Economy

Governor Umo Eno of Akwa Ibom State and many corporate organisations like the Nigeria Deposit insurance Corporation (NDIC), Nigeria Customs Service (NSC) and United Bank for Africa are rallying support for the annual conference of the Nigerian Guild of Editors which gets underway in Uyo, Akwa Ibom State in a few days. Other organisations that have also indicated support for the conference, being organised by the professional body of editors in Nigeria, include Zenith Bank, Access Bank, Nigeria Port Authority and the Dangote Group. A statement by the NGE President, Eze Anaba and the General Secretary, Dr. Iyobosa Uwugiaren on…

Sep

04

2022

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Agbaja People Plan 2-Day Summit, To Unveil Dev Agenda

BREAKING, Culture, Economy

Prof. Nebo Harps On Unity After decades without a central leadership, Agbaja people of Enugu State have reunited to once again pursue their common social, political, cultural and economic interests. The people who cover Udi, Ezeagu and parts of Enugu North Local Government Areas plan to hold a two-day Summit in Enugu on 2nd and 3rd November 2022. The event will bring together thousands of their sons and daughters from over 100 communities in Nigeria as well as their friends, in-laws and well-wishers from across Nigeria and the Diaspora. The Governor of Enugu State, His Excellency Rt. Hon. Ifeanyi Ugwuanyi…

Mar

11

2022

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As Sanctions Bite, Russia Goes On The Offensive

BREAKING, Economy, Foreign

Russian President Vladimir Putin has reacted to the ongoing mass withdrawal of companies from his country over its invasion of Ukraine. On Thursday he endorsed a plan to nationalize foreign-owned businesses that flee the country. The Russian government has been alarmed over job losses and other economic pain the exodus is inflicting. Putin’s approval of the plan, scheduled to be discussed in Russia’s parliament, came as Goldman Sachs said it was “winding down” its business in Russia, following hundreds of other Western firms that have closed or suspended operations. During a meeting with government officials Thursday, Putin said Russia must…

Mar

03

2022

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Air Peace, Emir of Kano tango: Sense of entitlement taken too far

Economy, Opinion

IKECHUKWU AMAECHI Pondering over the Emir of Kano, Air Peace tango this week, I couldn’t help but remember the wisecrack by Sarah Churchwell, the 51-year-old professor of American Literature, who wrote: “People who are given whatever they want soon develop a sense of entitlement and rapidly lose their sense of proportion.” That is exactly what is happening in this contrived hullabaloo. For those not aware, the story is that the Emir of Kano, Aminu Ado Bayero, who was returning from Banjul, Gambia, missed his early morning flight from Lagos to Kano. It was neither the monarch’s fault nor that of…

Jan

28

2022

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Why 2022 Budget won’t fail – Buhari

Economy, Opinion, Politics

President Muhammadu Buhari has said that the 2022 budget won’t fail but will accomplish the purpose for which it was passed because the National Assembly is led by trusted members of the All Progressives Congress (APC). Buhari, who said this while speaking on Channels Television on Wednesday, expressed confidence that this year’s budget will succeed. Recall that following the President’s assent to the 2022 budget, there were reports of friction between the presidency and the parliament. Buhari had expressed strong reservations on the “worrisome changes” made by the National Assembly to the 2022 Executive Budget proposal. When asked if he…

Jan

28

2022

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High cost of cement will render most Nigerians homeless – Group

Economy, Opinion, Politics

A group, Coalition of South East Youth Leaders, COSEYL, an umbrella body of all the youth groups in the South-East has said that the high cost of cement would render most Nigerian families homeless if not checked. The group said it is totally condemnable to sell a bag of cement at the rate of N5,000 per bag in a country where so many families go to bed hungry. In a press release signed by the President-General of the group, Goodluck Ibem, he said the high cost of cement would make landlords increase their house rent which would be above the…