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  • Kano Man Who Married Older American Citizen Joins US Army

    Suleiman Isah, a Kano man who married a 46-year-old American citizen, Janine Sanchez, has joined the California Army National Guard, a reserve of the United States Army. According to records, the California Army National Guard comprises 18,450 soldiers. On Friday, Isah posted a picture of himself wearing the uniform of the US Army and captioned […]
  • Aregbesola Wants Comprehensive Review Of Criminal Justice System

    The Minister of Interior, Rauf Aregbesola, has called for comprehensive review of Nigeria’s criminal justice system to reduce the alarming number of inmates in correctional facilities awaiting trial. A statement by the Media Adviser to the minister, Sola Fasure on Friday in Abuja, said Aregbesola made the while inaugurating the Imo Command Headquarters of Nigerian […]
  • Lawyer Asks A’Court To Set Aside Judgment On CAMA 2020 Act

    A legal practitioner, Emmanuel Ekpenyong, has approached the Abuja division of the Court of Appeal to set aside the judgment of the Federal High Court which nullified some sections of the Companies and Allied Matters Act (CAMA), 2020, for infringing on the fundamental rights of the citizens. Specifically, the appellant is asking the appellate court […]
  • NDLEA Arraigns General Overseer, 2 Others Over Trafficking In Hard Drug

    The National Drug Law Enforcement Agency (NDLEA) on Friday, arraigned High Priest Nnodu Azuka Kenrick, the founder and General Overseer of Seraphic and Sabbath Assembly, Lagos, and two others before a a Federal High Court sitting in Lagos, for unlawful export of 14.90 kilograms of Cannabis Sativa and 204 Grams of Methamphetamine. Others arraigned alongside […]
  • LP Crisis: I’ll Get Justice At Appeal Court — Abure

    Suspended National Chairman of Labour Party (LP), Julius Abure, has expressed optimism of getting justice in the Court of Appeal. He said this while reacting to the ruling of a Federal Capital Territory (FCT) High Court that sustained his suspension. In its ruling on Friday, the court said Abure remained suspended pending the hearing of […]
  • NGX Falls as Investors Take Profit on Banking Stocks

    NGX Falls as Investors Take Profit on Banking Stocks The equities segment of the Nigerian Exchange (BGX) ended on a bearish note Thursday following selloffs in banking and consumer goods stocks. Key performance indicators waned as investors lost ₦26 billion to large selloffs. Trading data show that the Nigerian Exchange All-share index decreased by 47.82 […]
  • Sub-Saharan Oil Producers are Building Momentum

    Sub-Saharan Oil Producers are Building Momentum In the AEC’s newly released outlook report, “The State of African Energy Q1 2023,” much of the remaining oil this year will come from sub-Saharan countries like Gabon, Chad, Congo, Ghana, and Equatorial Guinea Sub-Saharan countries are playing an increasingly prominent role in African oil production this year. OPEC […]
  • IMF Reaches Staff-Level Agreement with Senegal on Funding

    IMF Reaches Staff-Level Agreement with Senegal on Funding The International Monetary Fund, IMF, has reached a staff-level agreement with Senegal government on funding, according to the multilateral lender. The mission was led by Mr. Edward Gemayel to discuss the Senegalese authorities’ request for a new financing arrangement. In a statement, Mr. Gemayel said, “The IMF team […]
  • Bank of England Hikes Rate to 4.5%

    Bank of England Hikes Rate to 4.5% The Bank of England (BoE) has hiked rates by another 25 basis points to 4.5% and kept the door open to more if inflation data come in higher than expected between now and the next meeting in June. Another hike is possible, but with inflation forecasted to be […]
  • US Debt Default to Have Severe Repercussions – IMF

    US Debt Default to Have Severe Repercussions – IMF Amidst uncertainties surrounding the debt ceiling, the International Monetary Fund said U.S. debt default prompted by a failure to raise the country’s debt ceiling would have “very serious repercussions”. The multilateral lender is of the view that a default would hit the US economy fast and […]
  • Airtel Africa Profit Slumps, Capital Expenditure Rises

    Airtel Africa Profit Slumps, Capital Expenditure Rises Airtel Africa’s chief executive told analysts conference today that the company profit slumped by $5 million to $750 million as capital spending rose 14% year on year in 2022/2023 earnings results. MarketForces Africa’s analysts gathered from the analysts’ conference that the telecom’s key performance indicators show that the […]