FG Sets to Secure $2.2Billion World Bank Loan

President Bola Tinubu’s administration, on  Saturday announced that Nigeria had secured a loan of $2.25 billion from the World Bank at a single-digit interest rate. The package includes a 40-year term with a 10-year moratorium and a nominal interest rate of 1 percent. During a press briefing in Washington DC, United States, Wale Edun, Nigeria’s…

Tesla Layoffs Its Workforce

Tesla is set to lay off over 10% of its electric vehicle workforce worldwide. This came following a disappointing Q1 delivery report, Tesla announced a substantial reduction in staff, mirroring actions taken by both traditional automakers and pure-play electric vehicle manufacturers, as outlined in an internal memo. According to a memo initially disclosed by news…

Issues with Trans-Niger Pipeline Results to Shortfall of Crude Oil Production-Petroleum Minister

Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, has linked the reduction of crude oil production in the initial quarter of the year to challenges encountered with the Trans-Niger pipeline and maintenance operations conducted by certain oil companies. In a statement made by his media aide, Nnemaka Okafor, the Minister assured that these…

Movie Review: ‘Afamefuna’-Reflection of Igbo Apprenticeship

Movie Title: Afamefuna: An Nwa Boi Story Director: Kayode Kasum Cast: Stan Eze, Kanayo O. Kanayo, Alex Ekubo, Segun Arinze, Atlanta Bridget Johnson, Jennifer Okoli, Maxwell Uche, Ngozi Udenna, Chuks Joseph, Eze Peter Duration: 2 hours, 1 min, 47 seconds “Afamefuna: “Reflection of Igbo Apprenticeship” unfolds as a captivating narrative, weaving together themes of tradition,…

Former US Senator, Joe Lieberman Dies at 82

The former US Senator and the first Jewish vice-presidential nominee, Joe Lieberman has passed away at the age of 82. The American politician and lawyer who was a former Connecticut senator died on Wednesday, 27th March, 2024. According to the statement obtained from his family, the cause of his death was due to complications from…