News Globe

  • Lagos Sets 2025 Public Service Exam Dates: Official Confirmation

    The Lagos State Government has verified that the 2025 public service exams will proceed according to schedule, running from May 13 through May 19 at the Public Service Staff Development Centre (PSSDC) located in Magodo. Mr. Oluwadamilola Adebayo Orunsolu, the head of the state Examination Board, stated in an official announcement that all registered…

  • Lagos Targets 39 Structures for Demolition: Eviction Notices Issued

    The Lagos State Government has identified at least 39 structures situated within two upscale neighborhoods for teardown due to Right of Way requirements along the Ikota Riverbank in the Eti-OsaLocalGovernmentArea. The Ikota area falls under theMarokoOkunAlfaward,intheLekkisectorofthecity. This follows the issuance of indefinite eviction notices by the state government to those impacted, allowing them time…

  • IMF Addresses Nigeria’s COVID-19 Loan repayment and Unpaid Balances

    The American billionaire stated that his Gates Foundation will cease operations following the distribution of his fortune. On Thursday, the International Monetary Fund (IMF) announced that Nigeria has completely settled its $3.4 billion loan, which was borrowed in April 2020. The funds were released through the Rapid Financing Instrument, aimed at assisting with the…

  • Digital Skills Empowerment Summit: Firm Announces Key Business Initiatives

    Marketing Analytics Africa has unveiled intentions to organize a marketing conference aimed at providing African businesses and advertisers with advanced tactics in digital marketing, expansive development, and new technological advancements. The event titled ‘Marketing in the New Economy: Leveraging Data for Success Amidst Challenges’ is scheduled to take place on May 24 in Lagos,…

  • PWAN Rejects SEC’s Ponzi Scheme Allegations

    The management of PWAN Group has denied allegations by the Securities and Exchange Commission that its real estate buy-back transactions bear the characteristics of a Ponzi scheme. In a statement provided to our correspondent by the firm on Thursday, PWAN characterized the SEC’s stance as “incorrect and deceptive,” underscoring that their project constitutes a…

  • VFD Shareholders Greenlight $8.2M Dividend Payout

    The shareholders of VFD Group Plc have sanctioned a dividend distribution of N3.17 billion during the firm’s 9th Annual General Meeting, which was conducted online in Lagos on Thursday. The sanctioned dividend amounts to N2.50 for each share. Furthermore, the shareholders agreed to a five-to-one stock dividend distribution, which the firm states exemplifies their…

  • Real Estate Firm Sees Revenue Soar to ₦554M: International Edition

    SFS Real Estate Investment Trust has announced an expansion for the fiscal year 2024, showing a significant rise of 50.26 percent in net income, amounting to N477.09 million. On Tuesday, the company released a statement attributing this performance to consistent rental revenue, well-executed asset sales, and earnings from interests. The REIT’s gross income rose…

  • What You Get: Inside Weddings at £5K, £20K, and £50K

    Listen to article Listen to article Your browser isn’t equipped with the audio feature. The average wedding in the UK now costs £23,250 – nearly £6,000 more than in 2021. However, that does not provide the complete narrative, as stated by Bridebook , one-fourth of couples will allocate less than £10,000 for their big day,…

  • China’s BOE and CSOT Slash LCD Production as Tariffs and Subsidy Cuts Bite

    Major Chinese display panel manufacturers like BOE and CSOT have started reducing their LCD output due to U.S. tariffs imposed during President Donald Trump’s administration, which impede exports to the American market, according to industry insiders. As businesses shift their focus towards Europe and Asia, experts indicate that obtaining new clients swiftly continues to…

  • Deputy PM Choi’s Resignation Sparks Uncertainty in Financial Coordination Efforts – International Edition (English)

    Choi Sang-mok’s departure as the ex-Deputy Prime Minister and Minister of Economy and Finance is anticipated to lead to alterations within the operations of the Finance 4 (F4). This non-official advisory panel centers on macroeconomic and financial matters. Comprised of key figures such as the deputy prime minister responsible for economic policies, the Bank…