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US Army conducts first airstrike against al-Shabaab under Biden in Somalia
The US carried out an airstrike against al-Shabab militants in Galkayo, northern Somalia, on Tuesday. This is the first airstrike since President Joe Biden took office. Defense Department Spokeswoman Cindi King said the US was supporting the Somali army that was under attack...
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Access Bank slashes staff salaries to avert job losses as COVID-19 slows economy
Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
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Central Bank of Nigeria raises agric credit scheme fund to N50bn
The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
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Hadiza Bala-Usman: Fixing the Apapa Gridlock With “Eto”, — Reuben Abati
Hadiza Bala-Usman clearly needs all the support she can get. But a lot will also depend on the courage she brings to the table. Rent-seekers, area boys, cargo owners, thieving customs officials will test her resolve. She must be firm and resolute, and it is only by doing so,...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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Hadiza Bala-Usman clearly needs all the support she can get. But a lot will also depend on the courage she brings to the table. Rent-seekers, area boys, cargo owners, thieving customs officials will test her resolve. She must be firm and resolute, and it is only by doing so,...
President Muhammadu Buhari’s Thursday reappointment of Hadiza Bala Usman as Managing Director of the Nigerian Ports Authority (NPA), indorses the administration’s appreciation of hard work and commitment to fatherland. If not for any other thing, Bala Usman has in the past f...
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With the rapid and continued infamy of fake news becoming a global pandemic, we must have yet another look at what this scourge holds for our society. In recent times, we have seen how peddled lies have been used as tools to stir up people to violence and violent acts. Most ...
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The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
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South African authorities have apprehended eight people suspected of illegally siphoning 2.3 billion rand ($133.87 million) from small lender VBS Mutual Bank, which collapsed in 2018 because of the corruption scandal. Godfrey Lebeya, head of South Africa’s Directorate ...
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Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
US Army conducts first airstrike against al-Shabaab under Biden in Somalia
The US carried out an airstrike against al-Shabab militants in Galkayo, northern Somalia, on Tuesday. This is the first airstrike ...
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Tunisia’s health minister Faouzi Mehdi sacked as COVID-19 cases surge
Tunisia’s Health Minister Faouzi Mehdi has been sacked as the country struggles to cope with surging numbers of coronavirus ...
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Lawyer confirms Nigerian separatist Sunday Igboho’s arrest in Benin
The lawyer of a Nigerian separatist leader has confirmed reports that his client, Sunday Igboho, has been detained by the authorit...
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Tanzanian opposition leader Freeman Mbowe arrested
Tanzanian opposition leader Freeman Mbowe has been arrested, his Chadema party says. He was in his hotel room on Tuesday night in ...