News

African Development Bank named World’s Best Multilateral Financial Institution

The prestigious US magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank (AfDB) as the “Best Multilateral Financial Institution in the world for 2021”. The award is a global recognition for the path breaking efforts of the African Development Bank as it transforms itself into a solutions bank for Africa, through a combination …

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Insecurity discouraging investments in Nigeria – Netherlands

The widespread insecurity in Nigeria is scaring away prospective investors. Speaking in Abuja on Tuesday, the Netherlands Ambassador to Nigeria, Harry van Djik, said the Nigerian government should address insecurity as this was a crucial factor that had been affecting investment in the country’s economy. Djik spoke during a visit to the Minister of Industry, Trade and Investment, Adeniyi Adebayo. …

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Remembering Pius Adebola Adesanmi, two years on

It’s two years ago that the Canada-based Nigerian scholar and public intellectual Pius Adebola Adesanmi was killed in an air crash aged 47. He was one of the victims of the Ethiopian Airlines Flight 302 from Addis Ababa to Nairobi that crashed shortly after take-off on 10 March 2019. He was en route Nairobi as a participant at the ECOSOCC …

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Nigeria launches new emergency passport for citizens abroad

A new travel document designed for a one-way travel to Nigeria only and which replaces the Emergency Travel Certificate issued to Nigerians to return home in emergency situations has been launched. “The Nigerian Temporary Passport (NTP) is a travel document designed for a one-way trip to Nigeria only,” Federal Minister of Interior, Rauf Aregbeshola, said on Tuesday at the headquarters …

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Nigeria’s newly-appointed Ambassadors receive Letters of Credence

Twenty-five ambassadors newly appointed by President Muhammadu Buhari on Friday (5 March) received their letters of credence. The Minister of Foreign Affairs, Geoffrey Onyeama who presented the letters to the diplomats cautioned them to be financially prudent in their countries of the mission. According to him, Nigeria’s resources are lean at the moment, hence the need for them to be …

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Nigeria to witness increase in irregular emigration, says NGO

The Initiative for Youth Awareness on Migration, Immigration, Development and Reintegration (IYAMIDR), said the current situation in the country would likely drive many more Nigerians into irregular emigration. Mr Solomon Okoduwa, Executive Director of IYAMIDR, who is a former aide to Governor Godwin Obaseki of Edo State on Illegal Migration, made this known in an interview with NAN in Benin …

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Nigeria receives COVID-19 vaccines, launches registration portal for inoculation

Nigeria has received nearly four million doses of the COVID-19 vaccine, courtesy of the COVAX Facility, a partnership between CEPI, Gavi, UNICEF and WHO. The United Nations (UN) in Nigeria made this known in a statement issued on Tuesday (2 March). According to the statement, Nigeria on Tuesday received 3.94 million doses of the AstraZeneca/Oxford vaccine, manufactured by the Serum …

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Insecurity in Nigeria: New constitution is the only way out – Tony Nnadi

Almost daily, citizens including school children are abducted for ransom in Nigeria. In the past two weeks alone, two high profile abductions of hundreds of school pupils have generated global media attention. The murderous Boko Haram insurgency also continues to ravage Nigeria’s north-eastern region. In the north west, bandits invade villages killing and maiming, and displacing the original inhabitants.  More …

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Ghana receives first Covid-19 vaccines from WHO

The World Health Organization (WHO) has delivered its first Covid-19 doses to Ghana under a programme to ensure low-income countries do not wait for years to start inoculating their populations. Ghana became the first country to receive the vaccines through the COVAX program on Wednesday, a joint statement issued by UNICEF Ghana and WHO Ghana said. An aircraft carrying 600,000 …

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Russia, Togo pledge closer relations in Moscow

In order to strengthen political dialogue and promote economic relations, Professor Robert Dussey, Minister of Foreign Affairs, African Integration and Togolese Abroad, held diplomatic talks on February 16, 2021 with his Russian counterpart, Foreign Minister Sergey Lavrov, in St. Petersburg. According to reports, Professor Dussey’s visit was on the invitation by Moscow, and came on exactly one year after their …

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ANALYSIS: Cryptocurrency Ban in Nigeria – History, Implication and Effect

A look into the ban on cryptocurrency in Nigeria by Ibrahim Moshood and Oneyka Cindy Ojogbo, Associate and Senior Associate respectively of the international law firm Centurion Law Group In a letter dated 5 February 2021[1], the Nigerian government through its apex bank – the Central Bank of Nigeria (“CBN”) – clamped down on cryptocurrencies in Nigeria. The letter specifically …

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Service providers must transform to meet communications needs in Africa – Expert

The global pandemic has accelerated the need for true digitisation as African customers demand a more seamless digital customer experience from their communications service providers (CSPs), writes Pikie Monaheng, CEO at Amdocs South Africa JOHANNESBURG, South Africa, February 17, 2021/ —  It’s no secret that CSPs need to transform their businesses to compete in the continent’s highly competitive communications landscape …

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Nigerians in diaspora to discuss insecurity in home country at virtual conference

The security situation in Nigeria is worsening by the day as marauding bandits, camouflaging as herdsmen, roam across the country kidnapping for ransom, waylaying travellers, killing farmers and generally making the country unsafe. Added to the security troubles of the country is the possibility of inter-ethnic clashes flaring in different parts of the country caused by worsening inter-communal relationship. Members …

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