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BREAKING: Ivory Coast ex-President Gbagbo acquitted of war crimes
The International Criminal Court (ICC) in The Hague has acquitted Ivory Coast ex-President Laurent Gbagbo. He had been charged with crimes against humanity in connection with violence following a disputed 2010 election that left 3,000 dead and 500,000 displaced. Mr Gbagbo wa...
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11 companies indicate interest in running Ajaokuta steel mill
Abubakar Bwari, the Minister of State, Mines and Steel Development, said that 11 companies have indicated interest to operate the Ajaokuta Steel Company. Mr Bwari announced this while giving a three-year account of stewardship (2016-2018) on Monday in Abuja. According to him...
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Africa needs $250 billion investment to resolve power deficit – NERC
To resolve the power deficit situation in Africa and reach the United Nations’ (UN) target of Universal Access by 2030, the continent will need to add around 250GW capacity, which will require about 7GW yearly from now to 2030. This, the Executive Chairman, Nigerian Electric...
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OPEN LETTER: Saraki’s Greed & Imminent Abeyance – By @RichardTayo
Dear Senator Saraki, I wrote a letter to you almost 2years ago titled “When does ambition go overboard?” Whether you read that letter or not, I am determined to write you another letter. I am writing this letter as a citizen whose tax is used to pay you. I wrote...
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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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Abubakar Bwari, the Minister of State, Mines and Steel Development, said that 11 companies have indicated interest to operate the Ajaokuta Steel Company. Mr Bwari announced this while giving a three-year account of stewardship (2016-2018) on Monday in Abuja. According to him...
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To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16 trillion from the equities market in 2018, including the maiden N100 billion Sukuk designed to fund critical road network across the country.Furthermo...
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President Muhammadu Buhari has slashed the budget of the National Assembly by N14.5 billion, Daily Trust reports. The federal legislature got N139.5bn in the 2018 budget, but under this year’s budget, the president proposed the sum of N125bn for the lawmakers, representing a...
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Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018. The report, made available to newsmen on Sunday, rep...
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To resolve the power deficit situation in Africa and reach the United Nations’ (UN) target of Universal Access by 2030, the continent will need to add around 250GW capacity, which will require about 7GW yearly from now to 2030. This, the Executive Chairman, Nigerian Electric...
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In order to reduce the attendant financial burden that the congestion at the Apapa and Tin Can Island Ports has brought on importers, the Nigerian Ports Authority has announced a change in operations at the ports. A statement by the authority said with effect from Tuesday, D...
BREAKING: Ivory Coast ex-President Gbagbo acquitted of war crimes
The International Criminal Court (ICC) in The Hague has acquitted Ivory Coast ex-President Laurent Gbagbo. He had been charged wit...
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Rwanda becomes third African country to ban bleaching products
Rwanda has followed Ivory Coast, Ghana, Kenya and South Africa in cracking down on skin bleaching products that contain chemicals ...
11 companies indicate interest in running Ajaokuta steel mill
Abubakar Bwari, the Minister of State, Mines and Steel Development, said that 11 companies have indicated interest to operate the ...
Nigerian government borrows N1.16 trillion from equity market
To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16 trill...
