Forbes’ 2009 Billionaires list highlighted the wealth of Black Americans, featuring Oprah Winfrey as the sole billionaire with $2.7 billion. Other notable figures included Robert Johnson of BET ($550 million), Michael Jordan ($525 million), and Magic Johnson ($500 million). EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: … Read more
The Federal Government has announced plans to establish a youth bank that will offer loans, grants, and other financial products to support young entrepreneurs, fostering innovation and job creation. EKO HOT BLOG reports that the Minister of Youth Development, Mr. Ayodele Olawande, made this announcement during a media briefing in Abuja on Tuesday. The minister … Read more
President Bola Ahmed Tinubu on Tuesday, officially commissioned the Bola Ahmed Tinubu Technology Innovation Complex at the Nigeria Immigration Service (NIS) headquarters. The state-of-the-art complex is named after the president and aims to revolutionize the country’s migration and border management processes. The complex includes several key components: the Command and Control Centre (for regular migration), … Read more
Ekohotblog reports that over 2,000 young graduates from Lagos State’s Government Technical Colleges have confidently stepped into the workforce armed with transformative skills, marking a milestone in youth empowerment under Governor Babajide Sanwo-Olu’s administration. The graduation ceremony, celebrated as a landmark achievement, highlighted the power of technical education and the governor’s vision for a prosperous … Read more
President Bola Tinubu will depart Abuja on Wednesday for a three-day state visit to France, following an invitation from French President Emmanuel Macron. The announcement was made in a statement by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday. The statement, titled ‘President Tinubu honours invitation for a state visit to France,’ … Read more
Lagos State Governor Babajide Sanwo-Olu on Friday inaugurated eight newly appointed Permanent Secretaries and Tutors-General, urging them to uphold integrity and foster collaboration to maintain Lagos as a hub of innovation, development, and inclusivity. The swearing-in ceremony took place at the Lagos House, Ikeja, with the governor emphasizing the importance of their leadership roles in … Read more
President Bola Tinubu has appointed Vice President Kashim Shettima to lead Nigeria’s delegation to the 2024 Commonwealth Heads of Government Meeting (CHOGM). According to a statement by Stanley Nwokocha, the Vice President’s spokesperson, Shettima will represent Nigeria at the international event scheduled to take place in Apia, Samoa, from October 21 to 26. The 2024 … Read more
Ekohotblog reports that Senator Mukhail Adetokunbo Abiru, representing Lagos East Senatorial District, conducted an inspection of the ongoing construction of the SAIL Innovation Lab and Sports Centre at Orimedu, Ibeju-Lekki, Lagos State on Monday, October 7, 2024. This visit occurred just 48 hours after the Senator announced plans for new roads and schools in … Read more
The Nigerian Communications Commission (NCC) has announced its intention to sanction Elon Musk’s internet company, Starlink, for raising its subscription prices in Nigeria without the regulator’s approval. In response to inquiries from the publication, the NCC’s Director of Public Affairs, Dr. Reuben Muoka, confirmed that the Commission had not sanctioned Starlink’s price increase. Muoka stated … Read more
Ekohotblog reports that Prince Tajudeen Oluyole Olusi, the apex leader of the Lagos Governance Advisory Council (GAC), visited the SAIL Innovation Lab in Ikorodu on Wednesday. The lab, which has trained over 8,400 youths in digital and tech skills, was the focus of praise for its contributions to the community. During the visit, … Read more
Eko hot blog reports that the Conference of Chief Press Secretaries (CPS) Retreat Committee, led by its Chairman, Ayodele Ayeyemi (MNIPR), visited Ibeju Lekki Local Government today to induct the Executive Chairman, Hon. Abdullahi Sesan Olowa, into its prestigious Hall of Fame. The recognition was awarded in light of Hon. Olowa’s remarkable developmental efforts. … Read more
Nigeria’s Securities and Exchange Commission (SEC) has granted approval in principle to two cryptocurrency exchanges, Quidax and Busha, officially recognizing them as legal crypto trading platforms in the country. EKO HOT BLOG reports that these approvals were issued under the Commission’s Accelerated Regulatory Incubation Program (ARIP). Additionally, the SEC has admitted four other companies—Trovotech Ltd, … Read more
Stakeholder Engagement to Address Industry Challenges Focus on Emerging Trends and Policy Frameworks Fostering Partnerships for Sustainable Growth Eko Hot Blog reports that, in a proactive move, the Lagos State Ministry of Tourism, Arts, and Culture is poised to engage stakeholders in the hospitality sector. The initiative aims to address current industry challenges, explore emerging … Read more
Governor’s Initiatives Transform Healthcare Infrastructure Management Comedian Seyilaw Commends Pristine Condition of Eti-Osa Maternal and Child Centre LASIAMA Reaffirms Commitment to Continuous Improvement and Innovation Eko Hot Blog reports that, in a resounding testament to Governor Babajide Sanwo-Olu’s vision for healthcare infrastructure, his administration’s initiatives have garnered accolades from various stakeholders and the public. The … Read more
US and China clash over electric vehicle dominance Chinese EV companies, like BYD, challenge Western automakers Concerns rise over trade barriers, innovation, and data security EKO HOT BLOG reports that In the ongoing disputes between the United States and China, electric vehicles (EVs) play a significant role. EDITOR’S PICKS JAMB And Candidates: A Case Study … Read more
Environment Chief Doubles Down on Calls to Reshape Plastic Lifecycle Maintains Sustained Demands for Collective Action from Producers, Consumers, Regulators New Policy Underscores Commitment to Tackle Root Causes, Not Just Symptoms Eko Hot Blog reports that, intensifying his impassioned campaign, Lagos Environment Commissioner Tokunbo Wahab has doubled down on his continuous rallying cry – urging … Read more
Nigerian scholar becomes world’s first Black woman to earn Ph.D. in Cybernetics Prof. Rose-Margaret Ekeng-Itua breaks barriers, paves way for African youth in STEM Overcomes gender biases, lack of role models to achieve historic feat Eko Hot Blog reports that in a remarkable achievement, Nigerian scholar Professor Rose-Margaret Ekeng-Itua has shattered glass ceilings by becoming … Read more
Nigeria’s recent attempts to stifle crypto transactions feel like a missed opportunity. While concerns about money laundering and naira volatility are understandable, a blanket ban ignores the potential crypto holds for our nation’s young people, a demographic desperate for economic empowerment. EDITOR’S PICKS MTN Nigeria To Adjust Call tariffs Amid Operational Challenges Details As Tinubu’s … Read more
CIPM Honors Lagos Governor with Best Leadership Award Institute Recognizes Lagos as Pioneer of HR Management in Public Service Head of Service Represents Governor at Prestigious Award Ceremony Eko Hot Blog reports that the Chartered Institute of Personnel Management (CIPM) honored Lagos Governor Babajide Sanwo-Olu. He won the Best Leadership Award at the MEGA Award … Read more
Governor Sanwo-Olu Emphasizes Public-Private Synergy Launches 30th Anniversary Logo of NESG Calls for Leveraging Digital Technologies for Broader Reach Eko Hot Blog reports that during the Nigerian Economic Summit Group’s (NESG) 30th Anniversary Public Lecture and Founders’ Forum, Governor Babajide Sanwo-Olu addressed the significance of synergy between the public and private sectors. Editor’s Pick Admiring … Read more