The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue. Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations. The management of Transcorp Hotels Plc has announced that it will be taking […]
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Action around land use to slow climate change and biodiversity loss gets vital boost from Commonwealth and United Nations partners. A virtual gathering has galvanised political backing amongst Commonwealth countries to tackle the key challenge of land degradation linked to climate change and biodiversity loss, which is impacting ecosystems across the globe and over half […]
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Dr. Wale Babalakin (SAN) has resigned as Pro-Chancellor of the University of Lagos. His resignation a result of his anger with with the Federal Government’s Visitation Panel set up to look into the leadership conflicts in the university. He submitted his letter, dated 15 September to the Education Minister, Adamu Adamu. In his view, the […]
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President Muhammadu Buhari has described Nigeria as the most prosperous black nation in the world. The unveiling took place during the Federal Executive Council (FEC) meeting in Abuja, the nation’s capital. Speaking on Wednesday during the unveiling of the theme and logo for the country’s 60th independence anniversary in Abuja, Buhari said the anniversary calls […]
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Not less than eight persons were injured on Wednesday as supporters of Rotimi Akeredolu of All Progressives Congress (APC) and Eyitayo Jegede of the Peoples Democratic Party (PDP) clashed in Ondo. This face off is coming less than a month to the October 10 governorship poll. It was gathered that Mr Akeredolu’s campaign convoy ran […]
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The leadership of the Nigeria Labour Congress (NLC) has explained its reason for not organising protests against the increase in pump price of petrol and the new electricity tariff. The Petroleum Products Pricing Regulatory Agency (PPPRA) had announced an increase in the price of premium motor spirit, better known as petrol. The Nigerian Electricity Regulatory […]
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Liverpool began their defence of the Premier League title on Saturday with a hard-fought 4-3 win over newcomers Leeds United in their first game of the 2020/2021 season at Anfield. Jurgen Klopp praised both teams for a “proper spectacle” to launch the new Premier League season. Leeds’ return to the English top-flight under Marcelo Bielsa […]
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The Federal Government of Nigeria, on Monday moves to quell rising agitations over recent increases in prices of premium motor sprit, popularly known as petrol and electricity by putting arguments on why the prices of the two products should go up in the public domain. First, it was President Muhammadu Buhari who at the First […]
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Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2020, showing commendable growth across key performance indices as well as increased contribution from its African subsidiaries. Notwithstanding the challenging business and economic environment occasioned by the Covid-19 pandemic, the pan African […]
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Professor Kingsley Moghalu, former Deputy Governor, Central Bank of Nigeria and President, Institute for Governance and Economic Transformation, is a Distinguished Non-Resident Fellow and Senior Fellow, Council on Emerging Market Enterprises, The Fletcher School of Law and Diplomacy, Tufts University Massachusetts, USA. In this online interview with ADEMOLA ADEGBAMIGBE, he speaks on leadership problem in […]
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