Author: Akintayo Adams

The Federal Government has been advised to place a ban on the importation of adire/kampala and other local fabrics so as to protect the local market and earn foreign exchange for the country. The call was made by the House of Representatives at their plenary on Tuesday following the adoption of the motion moved by Afolabi Afuape, who is representing Abeokuta South Federal Constituency, Ogun State, titled, “Call to revive and promote the traditional fabric industry of Adire/Kampala to boost the nation’s cultural heritage.” The lawmaker seized the moment to draw the attention of his colleagues to the historical significance…

King Charles III of United Kingdom and it’s territorial realms hosted Korean War veterans at Buckingham Palace on Tuesday. This was made known in a social media post by the Royal Family which reads: “This morning, the King met veterans of the Korean War at Buckingham Palace to mark 70 years since the signing of the armistice which ended the conflict.” A month ago, the Monarch was diagnosed with cancer but the the type and stage were not revealed. This led to postponment of public duties while he was undergoing “regular treatments.” On Monday after reports about the King’s death…

Dr. Adaora Umeoji has been appointed as Zenith Bank Plc new Group Managing Director. The appointment takes effect from the 1st of June 2024. This was revealed on Tuesday, in a statement signed by the Company Secretary, Michael Otu, and filed with the Nigerian Exchange Limited. The statement partly reads, “Dame (Dr.) Adaora Umeoji is the first female GMDCEO since the inception of the bank, and her appointment is consistent with the bank’s executive transition tradition, succession plan, and strategy of grooming leaders from within.” She has spent 26 years in total with Zenith Bank Plc, and had been the…

The 294th meeting of the Monetary Policy Committee (MPC), the highest policy-making committee in Nigeria’s financial sphere with the power to review and effect changes to economic and financial conditions in the economy will begin on Monday, March 25, 2024, according to a statement by the apex bank via a post on its X handle. Inflation rates and stability of exchange rate are expected to be the topics of discussion at the upcoming meeting. The statement credited to CBN Governor, Olayemi Cardoso reads: “I wish to acknowledge the significance of presiding over the inaugural Monetary Policy Committee meeting as the…

The House of Representatives, Federal Republic of Nigeria has urged the Federal Ministry of Industry, Trade and Investments to make it compulsory for companies to inscribe “Made in Nigeria” on all goods manufactured in Nigeria. This occured on Tuesday following the adoption of a motion moved by Rep. Joseph Nwobasi (APGA-Ebonyi) during plenary in Abuja. The lawmakers advised the ministry to work with the Manufacturers Association of Nigeria (MAN), to enforce the resolution. Speaking, Nwobasi told the house that most Nigerian products were difficult for the populace to identify due to absence of the “made in Nigeria” inscription on the…

Manchester United midfielder Kobbie Mainoo has received his first call-up to the England squad for the upcoming International break. The Three Lions have friendlies against Brazil and Belgium in what will be their final games before Southgate names his squad for Euro 2024. United academy graduate and standout performer, Mainoo has been capped by England at under-17s, under-18s and under-19s level and the late addition to the senior group caps a great week following an impressive performance against Liverpool in Sunday’s epic 4-3 FA Cup quarter-final win. Earlier, Gareth Southgate praised Mainoo when addressing pressmen over his initial decision to…

On Thursday at the Federal High Court, Abuja, Justice Binta Nyako denied the Leader of the Indigenous People of Biafra (IPO), Nnamdi Kanu bail. However, the court ordered the speedy hearing of case as requested by Adegboyega Awomolo (SAN), Counsel for the FG involving Kanu who is facing charges bordering on treasonable felony. He has been in the custody of the Department of State Services (DSS) since his arrest in June 2021. Justice Binta Nyako said the court would only grant an accelerated hearing while ordering the prosecution to call the first witness. Aloy Ejimakor, Kanu’s counsel said he wasn’t…

Kaduna State Governor, Uba Sani has revealed that he speaks to President Bola Ahmed Tinubu twice daily over the security situation in the state. The Kaduna helmsman stated this during an interview on Channels TV’s Politics Today. Insecurity has been the theme in Kaduna in recent years. On March 8, bandits invaded the LEA Primary and Junior Secondary School, Kuriga in Chikun Local Government Area of Kaduna State and abducted at least 312 students and a principal, Abubakar Isah in broad daylight. The latest occured on Sunday night as bandits kidnapped at least 86 persons in Tantatu and Aguba communities…

With a commanding 2-0 victory over Uganda, the Super Falconets of Nigeria booked their place in the final of African Games 2023. The Ugandans put up a performance worthy of a semifinalist in the match, keeping the Falconets at bay until the Nigerians found their spark in the last 16 minutes of the encounter. Olushola Shobowale was taken off for Okah Adaobi in the 74th minute and scored with her first touch of the match while Chiamaka Okwuchukwu scored the winning goal for Nigeria. The victory sets up a final against the host nation Ghana, who defeated Senegal in the…

Minister Counselor Wang Yingqi of the Chinese Embassy in Nigeria said China imports from Nigeria reached $2.386 billion in 2023, an increase of 49.3% compared to that of the year 2022. Trade volume between Nigeria and China reached $22.56 billion in 2023, according to the Envoy. This was revealed during the China Media Group (CMG) and the University of Abuja seminar in Abuja as part of CMG’s “Global Media Dialogue” event with the theme: Enhancing China-Africa cooperation in new quality productive forces to realise high-quality growth. Giving his speech, he said, “Nigeria is in the leading position of economic, investment…