Month June 2024

Presidency Gives N60m Grants To 120 Youths

THE Presidency announced on Saturday that the sum of N60 million has been disbursed to 120 youths selected from across the country. The Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education (SSAP-TVEE), Abiola Arogundade, made this…

Guinea Signs Agreement For Major Alumina Refinery By 2026

GUINEA has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium (EGA) for the construction of a major alumina refinery, according to two senior officials from Guinea’s mines ministry. The agreement, known as a ‘Term Sheet,’ outlines plans…

AfDB And Intel Partner To Transform Africa’s Digital Ecosystem

THE African Development Bank (AfDB) and technology giant Intel have formalised their cooperation to revolutionise the African digital ecosystem. This partnership aims to equip 3 million Africans and 30,000 government officials with artificial intelligence (AI) skills. The agreement was sealed…

Africa Loses 20,000 Millionaires In A Decade, Report Reveals

THE number of millionaires in Africa has decreased by nearly 20,000 in the last ten years, as the continent’s ultra-rich either relocated or suffered from significant currency depreciations. According to a report by Henley & Partners, there are now 135,200 individuals with…

Somalia Elected To UN Security Council For 2025-2026 Term

THE United Nations General Assembly elected Somalia to the 15-member U.N. Security Council on Thursday for a two-year term beginning in 2025. Somalia, along with Denmark, Greece, Pakistan, and Panama, received the necessary votes to secure their seats. ‘It is…