THE Nigerian consumer tribunal fined the local unit of Africa’s largest pay-TV company, MultiChoice Group, 150 million naira ($107,142.86) on Friday for contempt of court. The tribunal also ordered the company to offer its subscribers one month of free service.…
AFRICA needs quicker debt restructurings, more favourable lending terms, and an additional $25bn for the Africa Development Fund to avoid a lost decade, the head of its development bank, Akinwumi Adesina, said on Friday. Speaking at London’s Chatham House, Adesina…
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…
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…
NIGERIAN midfielder, Tom Dele-Bashiru is expected to sign a new three-year contract at Sky Bet Championship club, Watford. According to Sky Sports, Dele-Bashiru’s representatives and Watford are ironing out the final details of the contract. The 24-year-old joined the London…
ABOUT ten Nigerian teenage girls, between the ages of 15 and 16, have been rescued by the Nigerian authorities from human trafficking and prostitution. The girls were forced into prostitution after being reportedly lured to Ghana with promises of a…
THE American Military Veterans of Igbo extraction have demanded the immediate release of Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra, IPOB. The group expressed dismay over the continuous incarceration of Kanu, despite being freed by a…
THE Edo State Governor, Godwin Obaseki, has clashed with the palace of the Oba of Benin, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Ewuare II, over the ban on the activities of Okaigheles (youth leaders) in the Edo South senatorial district…
THE Association of Mobile Money and Bank Agents in Nigeria, AMBAN, has challenged the Economic and Financial Crime Commission, EFCC, to publish evidence alleging point-of-sale agents were conspiring with bank officials to hoard cash. This was disclosed in a statement,…
A forensic audit report by KPMG International Nigeria Limited has revealed that a total of N1.9 trillion (N1, 959, 011,334,397) was illegally taken away from the treasury of the Abia State Government under the administration of the immediate past governor…
