Donald Trump, the former President of the United States, unveiled his new line of Trump-branded shoes at Sneaker Con in Philadelphia, a gathering for sneaker enthusiasts. The crowd’s reaction was mixed, with both boos and cheers erupting as he showcased the gold-colored shoes, available for purchase online at $399. This announcement follows a recent court ruling requiring Trump to pay New York State almost $355 million for misrepresenting property values. Amidst speculation, Trump remains a prominent figure in Republican circles, with many anticipating his candidacy in the upcoming US presidential election scheduled for November.
Author: Editor Francis
Central Bank of Nigeria Governor, Olayemi Cardoso, provided reassurance to Nigerians regarding the country’s economic recovery prospects despite prevailing challenges. During his address at the 2024 First Plenary Assembly of the Catholic Bishops Conference of Nigeria in Abuja on Sunday, Cardoso acknowledged the formidable nature of his role, labelling it the second most challenging globally. “I will continue to remember that despite occupying the second most difficult job on the face of the planet, this remains a profoundly memorable responsibility,” he stated. Expressing confidence in Nigeria’s capacity to surmount economic hurdles, Cardoso cited recent reports from the CBN indicating an…
Senate President Godswill Akpabio has expressed deep concern over the state of the nation’s economy, attributing its current challenges to the tenure of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Speaking at a Thanksgiving service hosted by Senator Barinada Mpigi in Koroma, Tai Local Government Area of Rivers State, Akpabio lamented the policies and actions of Emefiele during his tenure, which he claims have exacerbated hardships in the country. Akpabio asserted that President Bola Tinubu, who has expressed interest in fixing the economy, is capable of addressing these issues despite the complexities involved. He urged Nigerians to exercise…
Comedian and actor Lawrence Oluwaseyitan Aletile, popularly known as Seyi Law, has reaffirmed his unwavering support for the administration of President Bola Tinubu. In a statement shared via his social media handle on Sunday, Seyi Law encouraged fellow Nigerians to stand firmly behind Tinubu’s leadership, expressing optimism for positive change under his governance. Drawing parallels to the biblical narrative of Moses leading his people through challenging times, Seyi Law underscored his preference for enduring difficulties under a visionary leader like Tinubu, rather than settling for temporary comforts that could jeopardise the nation’s future. Despite facing criticism, particularly directed towards Tinubu,…
Indications have emerged that the organised labour is prepared to lower its demand for N1m minimum wage for workers in the country in line with realities on the ground. The shift in position will likely be communicated to the Federal Government during the second meeting of the tripartite committee on the minimum wage on Monday and Tuesday. The Punch gathered that the meeting would enhance deliberations between all parties involved in negotiations to allow for the announcement of a new minimum wage on or before April 1 following the expiration of the current N30,000 minimum wage as provided by the…
In a bold move, governors elected under the banner of the Peoples Democratic Party (PDP) have issued a stern advisory to President Bola Tinubu, urging him to resign if he cannot deliver sustainable solutions to the nation’s myriad challenges. In a statement released over the weekend, the PDP Governors reminded the ruling All Progressives Congress (APC) government of its primary mandate to address Nigeria’s problems rather than exacerbate them or resort to blame-shifting and propaganda. Highlighting the non-partisan nature of the hardships faced by Nigerians, the governors emphasized that hunger and suffering transcend tribal, religious, or party affiliations, asserting that…
In response to the ongoing heatwave affecting various regions of Nigeria, the Nigerian Association of Resident Doctors has issued crucial health and safety guidelines. Through a message posted via its official platform on Saturday, the association underscored the importance of vigilance and self-care during these extreme weather conditions. Entitled ‘Stay Safe in the Heatwave,’ the advisory emphasises the potential health risks posed by soaring temperatures, including illness, endangerment, and even fatalities. Urging individuals to prioritise their well-being, the association provided the following recommendations: 1. Stay Hydrated: It is advised to consume ample water throughout the day to prevent dehydration. Additionally,…
Nigeria has witnessed a notable uptick in capital inflows, marking a substantial 66.27% surge compared to figures from the third quarter of 2023. According to the recent report by the National Bureau of Statistics (NBS), capital importation rose from $654.65 million in Q3 2023 to $1.09 billion in the final quarter of the year. This surge signals a robust recovery and reflects positively on the economic strategies implemented by President Bola Tinubu’s administration to enhance the nation’s investment appeal. The rejuvenation in capital importation underscores the effectiveness of governmental policies and highlights a significant year-on-year growth. Comparatively, the Q4 2023…
In response to concerns over the soaring cost of cement, the Federal Government has announced its intention to address the issue head-on. The Minister of Works, David Umahi, has called for an urgent meeting with cement manufacturers to discuss the factors contributing to the recent price hikes. According to a statement released by the Special Adviser to the Minister, Edward Uchenna Orji, Umahi expressed deep concern over the escalating prices of cement despite significant demand from road and housing contractors. The meeting, scheduled for Monday, aims to delve into the underlying reasons behind the surge in cement prices. Key industry…
In response to recent discussions among President Bola Tinubu and governors regarding the establishment of state police to combat insecurity, human rights lawyer Monday Ubani has urged against hasty decisions, proposing instead that the creation of state police should be made optional. Speaking on Channels Television’s Sunrise Daily programme on Friday, Ubani emphasised the need for thorough deliberation and the involvement of all stakeholders before implementing such a significant change. He noted the recent consideration by the Senate’s amendment committee of the Constitution, highlighting the necessity of amending the constitution to facilitate the creation of state police. Ubani stressed the…
In a recent announcement, the Lagos State Government has declared its intention to crack down on homeowners who are charging exorbitant fees for renting out their apartments. Commissioner for Housing, Moruf Akinderu-Fatai, issued a stern warning, stating that the government would not hesitate to take action against allottees found guilty of engaging in such sharp practices. Akinderu-Fatai emphasized that the purpose of allowing allottees to spread payment over ten years with a five percent down payment was to alleviate the burden on Lagosians. However, some individuals have exploited this generosity by renting out their apartments solely for profit, disregarding the…
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