‘Diplomacy won’t fail… nobody wants war’ — Abdulsalami speaks on Niger Republic coup
Abdulsalami Abubakar, former head of state, says diplomatic interventions to restore constitutional order in Niger Republic will succeed. Abdulsalami spoke on Tuesday after a meeting with President Bola Tinubu, chairperson of the Economic Community of West African States (ECOWAS). On Saturday, the former head of state led a delegation which included Muhammad […]
UK charges Diezani to court over £100,000 ‘bribe’
The United Kingdom (UK) government has charged Diezani Alison-Madueke, Nigeria’s former minister of petroleum resources, to court over an alleged £100,000 bribe. The UK’s National Crime Agency (NCA) said they suspected Diezani had accepted bribes in return for awarding multi-million-pound oil and gas contracts. In a statement published on its website on […]
Corporate Council on Africa appoints John Olajide as board chair
The Corporate Council on Africa (CCA) has announced John Olajide as its new board chairman. In a statement, the council said Olajide’s position is effective from January 1, 2024. He succeeds Jeffrey Sturchio, who has served as CCA chairman since April 2016. According to CCA, Olajide’s position as chairman will play […]
Tinubu meets ECOWAS president, Abdulsalami over Niger Republic crisis
President Bola Tinubu is currently meeting with Omar Touray, president of the Economic Community of West African States (ECOWAS), and Abdulsalami Abubakar, former head of state, at the presidential villa. The meeting which is being held to discuss the political instability in Niger Republic, also has Nuhu Ribadu, national security adviser (NSA) to […]
AU suspends Niger Republic until restoration of civilian rule
The African Union (AU) has announced the suspension of Niger Republic from all its activities until power is relinquished to ousted President Mohamed Bazoum. Bazoum was deposed in a military coup on July 26 and has remained in custody. According to Reuters, AU announced the suspension in a statement released on Tuesday, […]
BRICS Bank shifts away from dollar, to issue 30% of loans in local currencies
The New Development Bank (NDB), better known as the BRICS Development Bank, has announced plans to begin lending in South African and Brazilian currencies in order to reduce reliance on the US dollar. The multilateral development bank was established in 2015 by the BRICS nations (Brazil, Russia, India, China and South Africa). […]
LP campaign: We’re not merging with other political parties — but there are discussions
Yunusa Tanko, the spokesperson of the Labour Party (LP) presidential campaign council, says the party is not considering a merger with other political parties. Speaking in an interview with Channels Television on Monday, Tanko said the LP is not ruling out a “working alliance” with other political parties. A report this week […]
‘Well deserved’ — PDP’s Fintiri congratulates Wike on appointment as FCT minister
Ahmadu Fintiri, governor of Adamawa state, has congratulated Nyesom Wike on his appointment as minister of the federal capital territory (FCT). On Monday, President Bola Tinubu swore in 45 ministers-designate. The ceremony held at the banquet hall of the presidential villa in the federal capital territory (FCT). In a post on the […]
Here is what the return of BDCs means for the naira
As I like to say, Nigeria is on autoreplay; what happened 10 years ago also happened four years ago, and will also resurface tomorrow. Round and round, the naira story goes. This is the reality of our country. On Friday, the Central Bank of Nigeria (CBN) released fresh guidelines for the sale of […]
Newspaper Headlines: Telecoms sector loses 6m subscribers in six months
Reports on the inauguration of ministers dominate the cover pages of Nigerian newspapers today. Source: Top Stories