DIASPORA remittances through International Money Transfer Operators (IMTOs) surged to $4.22bn between January and October 2024, marking a remarkable 61 percent growth compared to $2.62bn recorded in the same period last year, says the Central Bank of Nigeria (CBN). CBN…
MALAWI’S government is pursuing a staggering $309bn in unpaid taxes and royalties from US-based gemstone company Columbia Gem House for ruby exports over the past decade, according to Attorney General Thabo Chakaka Nyirenda. Speaking to the BBC, Nyirenda alleged that Columbia…
GHANAIAN poet Comfort N.A. Okyere has been appointed Chief Editor for the 8th cycle of the Writers Space Africa (WSA) Monthly Literary Magazine. Known by her pen name, ‘Adwoa’s WriteHand,’ Okyere steps into the role following the tenure of Zimbabwean editor…
The United States has confirmed the death of Abu Yusuf, also known as Mahmud, a key leader of the Islamic State (IS), in a precision airstrike conducted in eastern Syria. The US Central Command (Centcom) stated that the operation also…
IN a significant move to tackle unemployment among young people in Côte d’Ivoire, the African Development Bank Group (AfDB) has approved loans totalling €139.68 million. This funding aims to foster youth entrepreneurship, boost job creation, and strengthen micro, small, and medium-sized enterprises…
A COURT in Guinea has sentenced former defence minister Mohamed Diané to five years in prison for corruption, embezzlement, illicit enrichment, and money laundering. Diané, who served from 2015 to 2021 under President Alpha Condé, was convicted following an investigation…
LIBERIA’S parliament building caught fire on Wednesday, amid escalating protests in the capital, Monrovia. President Joseph Boakai condemned the ‘wanton destruction’ as the cause of the fire remained unclear, with authorities not ruling out arson. The incident follows days of…
BARRICK Gold has submitted an arbitration request to the International Centre for Settlement of Investment Disputes (ICSID) to resolve a mounting dispute with Mali over its Loulo-Gounkoto gold mine complex. The Canadian mining giant, which holds 80 percent ownership of the…
IN an era where influence is increasingly decentralised, traditional power structures are losing relevance. Celebrities, politicians, and experts, once the dominant voices shaping public discourse, now share the stage with a more diverse set of contributors. This evolution, while challenging…
AT least 32 children have died in a stampede during a carnival in Ibadan, the capital of Nigeria’s Oyo state, on Wednesday. The devastating incident occurred at the Bashorun Islamic High School, where overcrowding and poor security led to chaos.…
