In a statement issued in Abuja on Wednesday, both parties announced the signing of a memorandum of understanding (MoU) aimed at supporting Nigeria’s power sector development. The MoU, signed by USAID/Nigeria Mission Director Melissa Jones and Federal Ministry of Power Permanent Secretary Mahmuda Mamman, marks the implementation of a US government grant-funded technical assistance program…
Oluwatoni Oladiran, CEO of Oilden Energies, has raised alarm over the use of palm oil as a base oil in lubricant production, emphasizing its damaging effects on engines. Speaking to journalists, Oladiran expressed grave concerns about the prevalence of adulterated engine oils in the market, revealing that some unscrupulous producers were substituting base oils with…
During the first annual conference and third annual general meeting of the Alumni Association of the Federal College of Fisheries and Marine Technology in Lagos, maritime stakeholders highlighted Nigeria’s untapped potential in the fishing industry and its implications for economic growth. Under the theme “Unlocking the Potential of the Blue Economy: FCFMT Alumni Contributions to…
The Organised Private Sector (OPS) has urged for a fair and impact-driven distribution of government import waivers, highlighting transparency as crucial for economic growth and support to local industries. Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, emphasized the need for a transparent assessment of each waiver’s impact during a…
NATO leaders have committed to providing Ukraine with a substantial $43 billion in military aid over the next year, aimed at bolstering its defenses against Russia. This pledge was formalized in a final communique following a NATO summit held in Washington, DC, on Wednesday, where member nations also announced individual and joint measures to enhance…
Taiwan has heightened its surveillance of Chinese military movements after detecting the largest number of Chinese warplanes near the island in a single 24-hour period this year. The uptick in military activity coincides with ongoing drills conducted by Beijing, which align with the NATO summit in Washington, DC. According to Taiwan’s Ministry of Defence, as…
China has issued a stern warning to NATO following accusations from the Western military alliance that Beijing is a “decisive enabler” of Russia’s war against Ukraine. The warning, delivered on Thursday, came as NATO leaders gathered in Washington, DC, where they pledged to strengthen Ukraine’s defenses and bolster Europe’s security against Russia, while also highlighting…
Gareth Southgate’s England squad is gearing up for their first major tournament final on foreign soil after a thrilling 2-1 victory over the Netherlands in Wednesday’s semi-final. Should England triumph on Sunday, Liberal Democrat leader Sir Ed Davey is advocating for a national bank holiday to celebrate. “The Three Lions are playing their first-ever final…
Bayern Munich is set to acquire Fulham midfielder Joao Palhinha for £47.16m (€56m) plus add-ons, according to Sky in Germany, marking the most expensive sale in Fulham’s history. Palhinha, 29, has signed a four-year contract with Bayern, keeping him at the club until 2028. Fulham owner Tony Khan commented on the landmark deal: “We’ve reached…
