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Egypt’s leader Abdul Fattah al-Sisi lifts four-year state of emergency
Egyptian President Abdul Fattah al-Sisi has announced that he’s ending the state of emergency which has been in force since April 2017 in the North African country. In a Facebook post, President Sisi announced that he would not be extending the state of emergency becau...
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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...
Egypt’s leader Abdul Fattah al-Sisi lifts four-year state of emergency
Egyptian President Abdul Fattah al-Sisi has announced that he’s ending the state of emergency which has been in force since ...
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Mali expels ECOWAS envoy amid pressure over elections
Mali has expelled the Ecowas regional bloc’s representative in the country as pressure mounts on it to provide a definitive ...
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African Union to procure up to 110 million Moderna vaccine doses
The African Union (AU) plans to buy up to 110 million doses of Covid-19 vaccine from Moderna Inc. Moderna is prepared to deliver t...
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Two Angolans arrested in Mozambique over fake $16,000 stash
About $16,000 (£11,500) of counterfeit notes have been seized in Mozambique, with investigators suspecting that a regional syndica...