Author: Ifetayo Adeniyi

Cement Manufacturer, Holcim Exits Nigeria Due To Intense Local Competition, Sells off Lafarge For $1 Billion Lafarge Cement Maker, Holcim Exits Nigeria Due To Intense Local Competition, Sells off Lafarge For $1 Billion. Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81 percent shareholding in Lafarge Africa PLC, valued at $1 billion on a 100 percent basis After approximately 65 years of operations in Nigeria, Swiss cement and building materials manufacturer Holcim announced its decision to exit the country. The company revealed in a brief statement that it will sell its nearly 84 percent stake…

Polaris Bank, Amtis Skills Place Collaborate To Empower Young, Next Generation Designers Polaris Bank, Amtis Skills Place Collaborate To Empower Young, Next Generation Designers. In its determination to produce the next generation of young designers who will go on to capture the imagination of the world in fashion, Polaris Bank partnered, with Amtis Skills Place, a body dedicated to producing contemporary vocational skills to young Nigerians to identify, train and mentor young designers through the 2024 Amtis Fashion Competition. Since its inception in 2015, Amtis Skills Place has been committed to equipping young Nigerians with vocational skills, bridging the gap…

NCAA makes move to prevent flight disruptions during Yuletide NCAA logo NCAA makes move to prevent flight disruptions during Yuletide. The Nigeria Civil Aviation Authority said it has taken necessary measures to ensure that flight operations are not disrupted during the Yuletide. The authority also said it was keen on ensuring that air operations are seamless even beyond Christmas into the New Year and beyond. NCAA’s Director, Consumer Protection and Public Affairs, Michael Achimugu, disclosed this while speaking with newsmen during a Road Show and Sensitisation Summit held in Port Harcourt, Rivers State on Wednesday. The event was organised by…

Lagos Electricity Bill 2024: Targeted At Addressing Power, Insecurity Problems Lagos Governor, Babajide Sanwo-Olu Lagos Electricity Bill 2024: Targeted At Addressing Power, Insecurity Problems. The Lagos Governor, Babajide Sanwo-Olu, has said the Lagos Electricity Bill 2024 newly signed into law will address the state’s power problems and tackle insecurity. The governor said this while signing the bill into law on Tuesday at the Lagos House, Ikeja. The law is a comprehensive plan to resolve challenges in the energy sector and is expected to lay a foundation for economic and industrial growth in Lagos. The bill is a major step by…

Biden Declares $1bn Humanitarian For Africa While Visiting Angola President Joe Biden Biden Declares $1bn Humanitarian For Africa While Visiting Angola. President Joe Biden on Tuesday announced more than $1 billion in humanitarian assistance to Africa during a visit to Angola, where the United States is showcasing a major infrastructure project aimed at countering China’s investments on the continent. Biden, the first US president to visit the former Portuguese colony, met with his Angolan counterpart Joao Lourenco earlier in the day and was scheduled to visit the port of Lobito on Wednesday for an infrastructure summit. Speaking at the National…

Gov. Sanwo-Olu compensates 104 landowners, presents N1.5b cheques During the public presentation of cheques to 150 beneficiaries compensated for lands acquired by the Lagos State government for public use, at the Adeyemi Bero Auditorium, the Secretariat, Alausa, Ikeja, on Tuesday, 03 December 2024 Gov. Sanwo-Olu compensates 104 landowners, presents N1.5b cheques. Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented over N1.5 billion cheques to 104 beneficiaries whose land were acquired for overriding public purposes. The event, held at the Adeyemi Bero Auditorium, Alausa, Secretariat in Ikeja, marked a pivotal moment in the government’s ongoing efforts to foster inclusive growth and…

To achieve $1tn economy by 2030, Shettima calls for financial inclusion Vice President Kashim Shettima To achieve $1tn economy by 2030, Shettima calls for financial inclusion. Vice President Kashim Shettima has emphasised the importance of bridging financial inclusion gaps to achieve Nigeria’s vision of a $1 trillion economy by 2030. Speaking at the inaugural Development Partners Roundtable on Economic and Financial Inclusion, which was held at the State House Conference Centre, Abuja, Shettima urged stakeholders to tackle systemic inequalities and foster an inclusive financial system. In this regard, he identified some unsettling gaps yawning for serious attention, including low penetration…

Funke Akindele Shines as National Goodwill Ambassador for UNAIDS Funke Akindele Funke Akindele Shines as National Goodwill Ambassador for UNAIDS The Joint United Nations Programme on HIV/AIDS (UNAIDS) has appointed renowned actress, movie producer, and director Funke Akindele as its new National Goodwill Ambassador for Nigeria. This prestigious nomination acknowledges Funke Akindele’s tireless efforts in the fight against HIV and her dedication to advocacy, awareness, and driving progress towards ending AIDS as a public health threat by 2030. With a career spanning over two decades, Funke Akindele has leveraged her platform to amplify social impact issues, influence positive change, and…

Tinubu expresses wishes of congratulations to Elder Statesman Tanko Yakassai At 99 Tanko Yakassai Tinubu expresses wishes of congratulations to Elder Statesman Tanko Yakassai At 99 President Bola Tinubu has extended heartfelt congratulations to the elder statesman and politician, Alhaji Tanko Yakassai, as he marks the remarkable milestone of 99 years on December 5, 2024. In his tribute, President Tinubu, in a statement by his spokesman, Bayo Onanuga, acknowledged the significant contributions of Alhaji Yakassai to the development of Northern Nigeria and the nation as a whole. He commended Yakassai for his dedication to public service and advocacy for the…

MLS Postseason Award goes to Lionel Messi, His first individual Lionel Messi MLS Postseason Award goes to Lionel Messi, His first individual. Lionel Messi has received his first individual MLS postseason award as he was named to the league’s Best XI this season. MLS has announced their Best XI for the 2024 campaign, highlighting the top performers from the league in 2024. Picking out three defenders, four midfielders, four forwards and the top goalkeeper, the group is made up of some of MLS’ most elite and talented players. The 2024 Best XI includes 10 members of the 2024 MLS All-Star…