Enyimba Crash out of CAF Champions League, Drop to Confed Cup
For the third year running, no Nigerian club side will be featuring in the group stage of the CAF Champions League following the elimination of Enyimba FC at home in
OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia
After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which all
OPEC Mandates Nigeria to Cut Production by 939,000bpd in Three Months
The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday upheld its December 3, 2020 decision to increase crude oil production output by 500,000 barrels per day for February and March,
Covid-19: Nigeria to Revoke Visas of Errant Visitors, Targets 42m Vaccines Through COVAX
The Comptroller General of the Nigeria Immigration Service (NIS), Mohammed Babandede, has said that the federal government will revoke visas of foreign visitors who failed to present their Covid-19 test
Nigeria Owes IMF, World Bank, Others $31.98bn
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office (DMO). The outstanding debts are not
WHO Endorses Pfizer Vaccine for Covid-19 Immunisation in Nigeria
As Nigeria prepares to take delivery of Covid-19 vaccines by the end of January, the World Health Organization (WHO) announced Tuesday that it has authorised the vaccine made by Pfizer
FCMB CEO Proceeds on Leave as Bank Intensifies Probe into Paternity Allegation
The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s board investigate the allegation of paternity
World Bank: Global Economy to Expand by 4% in 2021, Vaccine Deployment and Investments Key to Growth
The global economy is poised to expand by 4% this year, according to the World Bank, exceeding the 2.9% pace recorded in 2019, before Covid-19 pushed worldwide output into a
Former Head of China’s State Company Sentenced to Death for Taking Bribes
The former head of China’s state-owned Huarong Asset Management company was sentenced to death Tuesday for bribe-taking, in one of the harshest punishments for economic crimes in recent years. Lai
Kenya: Safaricom, Other IT Companies to Offer Cashless Fare Payments in Public Service Vehicles
The largest Telecommunications Company in Kenya, Safaricom is among a group of lenders and IT companies that have been licensed to offer cashless payments in Public Service Vehicles (PSVs), setting the
UK Chancellor Unveils £4.6bn Fund to Support Businesses Hit by Third Lockdown
UK Chancellor of Exchequer, Rishi Sunak has announced a new £4.6 billion support package to help businesses hit by the third lockdown. It includes one-off top up grants for retail,
Egypt Non-oil Private Sector Shrinks For the First Time in Four Months
The IHS Markit Egypt PMI declined to 48.2 in December 2020 from 50.9 in November. The latest reading marked the first monthly contraction in the sector in four months, reflecting
Nigerian Court Remands Activist Sowore in ‘Kuje Prison’
Nigerian authorities have remanded Omoyele Sowore, publisher of Sahara reporters at the Kuje Correctional Centre pending the hearing of their bail applications on Tuesday. Sowore, an activist and convener of
‘I just Want to Find 11,780 Votes’: Trump Recorded Telling Georgia Election Official to Overturn Biden Win
US President Donald Trump has been recorded telling Georgia’s top election official to “find” enough votes to overturn the 2020 US presidential result. “I just want to find 11,780 votes,”
Technology Can Tackle Challenges Caused by Pandemic, Nigeria’s Tourism Boss Says
Nigeria must use technology to adapt to the challenges caused by the coronavirus pandemic in the tourism industry or risk falling behind, according to Folorunsho Coker, Director General of the
Lampard under Pressure as Man City Outclass Chelsea 3-1
Chelsea fell to a fourth defeat in six Premier League games as Manchester City handed Frank Lampard another title race reality check with a 3-1 win at Stamford Bridge.Ilkay Gundogan
Covid-19: Lagos Extends Stay at Home Order for Government Workers by Two Weeks
Lagos State Governor Babajide Sanwo-Olu has extended the stay-at- home order for all State Public Servants on Grade Levels 14 and below. The new order asked them to resume duty
Talks Over Nile Dam Resumes Sunday
Another fresh round of the Ethiopian dam talks resumed Sunday with Sudan, Ethiopia and Egypt hoping to get a solution to the water crisis that has rocked the mega-dam project
Nigeria Can’t Afford to Become a Pariah Nation, First Batch of Vaccines Expected End of January, National Covid Coordinator Says
Dr Sani Aliyu, the National Coordinator of the Presidential Task Force on COVID-19 has said the first batch of the Covid vaccines will arrive in Nigeria towards the end of
US Senators Launch Final Bid to Derail Biden Win
A group of US senators say they will refuse to certify Joe Biden’s election victory unless a commission is set up to investigate alleged voter fraud. The 11 senators and
