January 2021

$2.6bn FDI Was Attracted To Nigeria In 2020 - UNCTAD

$2.6bn FDI Was Attracted To Nigeria In 2020 – UNCTAD

Nigeria has emerged as the second preferred investment destination in Africa, only second to Egypt, after attracting $2.6 billion Foreign Direct Investment (FDI) in 2020, this is according to data obtained from the United Nations Conference on Trade and Development (UNCTAD).

UNCTAD, in its 11-page ‘Investment Trends Monitor,’ which focused on global FDI flows, however, stated that inflows to Nigeria in 2020 declined to $2.6 billion, lower than the $3.3 billion the country recorded in 2019.

Egypt was the top recipient of FDI, despite a significant decline in inflows (-39%), to an estimated $5.5 billion recorded …

UK Unemployment Hits 5.0% On COVID-19 Fallout

UK Unemployment Hits 5.0% On COVID-19 Fallout

Britain’s unemployment rate hit 5.0 percent at the end of 2020, the highest level for more than four-and-a-half years, as coronavirus lockdowns destroyed jobs, official data showed Tuesday.

The rate for the three months to the end of November compares with 4.9 percent in the quarter to October, the Office for National Statistics said in a statement.

At 5.0 percent, the figure is 1.2 percentage points above the same period a year earlier, to reach the highest level since April 2016, the ONS added.

‘This crisis has gone on far longer than any of us hoped — and every job

I Can’t Blame Fulani For Burning Down My House - Igboho

I Can’t Blame Fulani For Burning Down My House – Igboho

Sunday Igboho has told Newsmen that he was not in a hurry to blame any individual or group for the arson that razed down his property in Ibadan on Tuesday morning.

Sunday Igboho, whose real name is Sunday Adeyemo, said he would allow authorities to conduct investigation into the incident, praising God that there were no injuries or fatalities.

‘I cannot blame anyone right now for the attack, not even Fulani people,’ he said by telephone hours after the attack.

‘We have to thank God that nobody was killed, it is more important.’

A property owned by Sunday Igboho was …

Pay Us 4 Years Pension Arrears – Pensioners Beg Gov Wike

Uproar In Rivers Over Wike’s ₦500 Million Donation To Sokoto

Mixed reactions have greeted the ₦500 million donation by Rivers State Governor Nyesom Wike to Sokoto State.

Wike donated the sum last week to assist the Governor Aminu Tambuwal government to rebuild a section of the burnt Sokoto Central Market.

While the Peoples Democratic Party (PDP) and some aides of the governor defended the gesture, an All Progressives Congress (APC) former spokesman in Rivers State, Chris Finebone, and an ex-agitator, Sobomoba Jackrich, described it as ‘selfish and politically-motivated.’

Jackrich, who is the Convener, Network for Defence of Democracy and Good Governance (NDDGG), said his group was worried about the way …

Ekiti Is Your Home, Gov Fayemi Assures Herdsmen

Ekiti Is Your Home, Gov Fayemi Assures Herdsmen

The governors of Ondo, Ekiti, Osun, Oyo, Kebbi, and Jigawa states on Monday met with the national leadership of Miyetti Allah Cattle Breeders Association at the International Culture and Events Centre in Akure, Ondo State capital.

The Nigerian Governors’ Forum Chairman and Ekiti State Governor, Kayode Fayemi, in his remarks, assured the herdsmen that they were not asked to leave Ondo State but to only get proper registration.

He added that the meeting was at the instance of the NGF and necessitated by the exigencies of the present challenges of insecurity in the country.

Read Also: ‘2023: Ekiti APC Didn’t

U.S. In COVID-19 Relief As Cases, Death Crashes Significantly

U.S. In COVID-19 Relief As Cases, Death Crashes Significantly

The United States reported a 21 percent drop in new cases of COVID-19 last week, as all but one state reported declines in new infections, and the number of coronavirus patients in hospitals also fell.

The country reported 1.2 million new cases in the week ended Jan. 24, down from 1.5 million new cases in the previous week.

It was the biggest decline on both percentage and absolute basis in the past year, according to a Reuters analysis of state and county reports.

Read Also: President Biden To Reinstate COVID-19 Travel Ban

New Hampshire is the only state where …

Ghanaians Honour Jerry Rawlings Ahead Of Burial

Ghanaians Honour Jerry Rawlings Ahead Of Burial

Large numbers of Ghanaians are filing past the coffin of the former president, Jerry Rawlings, ahead of his funeral on Wednesday.

The open casket is surrounded by flowers, candles, and a glass screen at Accra’s international conference centre.

Read Also: Ghana Loses Former President Jerry John Rawlings

Mourners are wearing face masks and are socially distanced, in line with coronavirus restrictions. Mr. Rawlings, who was 73, died in November from an undisclosed illness.

His burial was delayed, in part, because of disagreements between Ghana’s current political leaders.

During two decades in public life, he twice led military take-overs, before later …

Taiwan Expells Thousands Of Chinese Dredgers From Its Waters

Taiwan Expells Thousands Of Chinese Dredgers From Its Waters

Taiwan on Sunday expelled nearly 4,000 Chinese vessels illegally dredging sand from its waters in 2020, local authorities have said.

In recent times, China has taken an increasingly belligerent tone towards Taiwan under President Xi Jinping — especially over the last twelve months with Beijing’s jets and bombers buzzing the island at a record rate.

But the waters surrounding Taiwan have become another hot zone.

Read Also: US Announces $2.4bn Sale Of Coastal Defense Systems To Taiwan

Taiwan’s coastguard on Monday told AFP it recorded a huge spike in Chinese sand dredgers illegally entering its waters.

Up to November last …

President Biden To Reinstate COVID-19 Travel Ban

President Biden To Reinstate COVID-19 Travel Ban

President Joe Biden will re-impose a Covid-19 travel ban on most non-US citizens who have been in Britain, Brazil, Ireland and much of Europe, a White House official said Sunday, as the new administration ramps up its pandemic response.

Biden will also on Monday extend the ban to travelers who have recently been to South Africa amid warnings that new, more transmissible coronavirus variants are already establishing themselves in the United States, the official said, confirming US media reports.

The new president last week tightened mask-wearing rules and ordered quarantine for people flying into the United States, as he seeks …

Silence From Leaders Over Herdsmen Worrisome – Saraki

Silence From Leaders Over Herdsmen Worrisome – Saraki

Former Senate President Abubakar Bukola Saraki has expressed his disappointment over silence from major stakeholders on the recent killings and criminal activities of Fulani herdsmen in the Southwest.

The former governor also called on political leaders to rise to quell the tension rising from the clash between herdsmen and residents of Igangan, Ibarapa North Local Government Area of Oyo State.

Herdsmen and Igangan residents clashed over the weekend after an activist Sunday Adeyemo alias Sunday Igboho arrived the town last Friday to forcefully eject herdsmen who have been accused of criminal activities.

Read Also: 2023: PDP, The Only Hope Nigerians

I’m Fulani But Open Grazing In 2021 Unacceptable – Garba

I’m Fulani But Open Grazing In 2021 Unacceptable – Garba

Adamu Garba, a former presidential aspirant has reacted to the ongoing rift between Sunday Igboho, his supporters and the Fulani residing in Igbangan, Oyo State.

Africa Daily News, New York had reported that the Yoruba activist, Sunday Igboho, made real his threat to expel the Fulani from Igangan in Oyo State.

Igboho disclosed that he acted on the request of traditional rulers.

Reacting, Garba in a tweet via his Twitter account on Monday, said even though he is a Fulani man, he was totally against the idea of allowing cows to roam the streets in 2021.’

Read Also: Remember Your

Dangote Sued Me For Declining His Silence Money – Ex-lover

Dangote Sued Me For Declining His Silence Money – Ex-lover

Nigerian billionaire Aliko Dangote has allegedly sued his alleged ex-lover who shared a video of him lying in bed for refusing his money.

The lady who goes by the name of Autumn took to her social media to share an alleged public lawsuit filed by those she claims are Dangote’s legal team. The lady alleged that Dangote is suing her for something his ex-girlfriend, Bea Lewis did, while stating that she has never talked about them publicly.

She also claims that she turned down interviews and talk shows while stating that she only wanted to clear her name after people …