ON Saturday, major retail shops in Zimbabwe began trading predominantly in United States dollars as financial institutions suspended the use of the outgoing Zimbabwean dollar (ZWL) in anticipation of the new Zimbabwe Gold (ZiG) currency introduced on Friday. At Westgate…
IT has come to the knowledge of the leadership of the Labour Party of a letter of invitation trending in some sections of the media purportedly written by some desperate characters in the Nigeria Labour Congress, NLC inviting some Nigerians…
WHEN I worked in a factory there in Okpella, the only bank there had to be closed because well armed robbers use to visit like every two weeks to collect their money and any security man that formed gallant was…
THE Executive Secretary and Chief Executive Officer, ES/CEO, of the National Lottery Trust Fund, NLTF, Bello Maigari, has commended the Economic and Financial Crimes Commission, EFCC, for helping to widen the revenue base of the Fund through enhanced remittance inflows…
TENSIONS escalate in Togo as nine opposition politicians advocating against constitutional reforms, potentially extending President Faure Gnassingbe’s rule, have been arrested, a spokesperson for the opposition coalition revealed on Thursday. The arrests come amidst a mounting opposition campaign against proposed constitutional changes that…
IN a significant development, Uganda’s presidency announced on Friday that China has extended an invitation to Uganda’s energy minister to discuss the country’s ambitious $5bn crude oil pipeline project in Beijing. This move could mark a breakthrough for Uganda, which has been…
ETHIOPIA and the World Bank have inked loan agreements totalling $1.72bn aimed at bolstering crucial infrastructure projects amidst a backdrop of multifaceted challenges, the finance ministry announced on Friday. The agreements entail a substantial allocation of $523 million to amplify Ethiopia’s electricity…
A federal judge in Manhattan has spared 87-year-old Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, from prison in an insider trading case. Instead, Lewis has been ordered to pay a $5 million fine and serve three years…
THE Nigerian Electricity Regulatory Commission (NERC), alongside other policymakers and actors in the power sector space, must have thought it was a resistance-free, genius idea to raise electricity tariff for only a small segment of Nigerian electricity customers while maintaining…
CANADIAN authorities revealed they prevented the export of almost 600 stolen vehicles overseas by inspecting 390 shipping containers at the Port of Montreal. Over 480 vehicles stolen from Ontario in the last three months were recovered at the port, along with…
