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S&P Downgrades Egypt Ratings, Outlook Stable S&P Global Ratings on Friday said it downgraded Egypt to B-/B with a stable outlook. The agency previously had a B/B rating on Egypt, and in April had downgraded its outlook on the nation to negative. The downgrade reflects recurring delays in the country’s implementation of monetary and structural […]Read More

Morocco’s Inflation Slows, Govt Plans $62bn Budget Morocco’s annual inflation rate eased slightly to 4.9% in September 2023 from 5% in the prior month, primarily attributed to ongoing alleviation in food inflation, which reached a 16-month-low of 10.1% from 10.6% in August. This comes along with declines in transportation costs to 0.5% from 1.8%.  There […]Read More

A former Attorney-General and Minister of Justice, Kanu Agabi, SAN, has declared that there is nothing wrong with Nigeria’s 1999 Constitution. Agabi spoke on Monday at the National Conference 2023 of the Forum of Former Deputy Governors of Nigeria, FFDGN, in Abuja. The erstwhile Justice Minister emphasized the need for the nation to begin to […]

A Christian cleric of the United Methodist Church identified as Oscar Mukahanana reportedly committed suicide following the leakage of his adultery scandal on the church’s WhatsApp group. The cleric who was a Reverend at the Harare East District Superintendent in Zimbabwe, engaged in an extra-marital affair with a female youth in the church. There were […]

The Federal Executive Council (FEC) has approved the establishment of the Humanitarian and Poverty Alleviation Trust Fund to cater for the various humanitarian needs and take relief to the vulnerable population in the country. The Council, which was chaired by President Bola Tinubu at the Council Chambers of the State House, also approved the application […]

A group of lawyers in Ondo State have written to the state’s Executive Council demanding compliance with constitutional provisions to declare Governor Rotimi Akeredolu incapacitated for office. In a letter dated October 20th, the lawyers including Joshua Sebiotimo, I.I. Bewaji, Myson Nejo and seven others called on the Executive Council to invoke Section 189(1) of […]

Renowned economist, Prof. Pat Utomi, has warned the President Bola Tinubu administration to take urgent steps to halt the rapid decline of the naira, stating that “Nigeria will die” if nothing is done. In an interview on Monday, Utomi lamented that the naira has lost over 40% of its value since the removal of fuel […]

The Lagos State Government on Monday, October 23, shut down the Alaba International Market over improper garbage disposal methods. Lagos State Commissioner for Environment Tokunbo Wahab announced this in a post on his X (formerly twitter) page on Monday morning. He wrote: “Alaba International Market, Ojo has been sealed up for poor waste disposal practices, […]

The Nigerian Medical Association (NMA) has described the Federal Government’s plan to stop funding the Medical and Dental Council of Nigeria (MDCN) by 2024 as ill-conceived and potentially disastrous. The Federal Government had, through a circular from the Budget Office, dated June 26, 2023, announced its decision to cease funding Ministries, Departments, and Agencies, along […]

A former chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has denied saying that the 2023 general elections was compromised. Jega was quoted to have said this at a two-day retreat organized by the Senate in Ikot Ipene, Akwa Ibom State, last week. The professor of political science at Bayero University, Kano, […]

CHIEF Justice of Nigeria, CJN, Olukayode Ariwoola, has again reminded judges to maintain neutrality as arbiters to sustain the ethos of democracy in public confidence in the judiciary. Ariwoola reiterated the charge yesterday in Uyo, Akwa Ibom state, at a Three Day Retreat for Justices of the Supreme Court and Court of Appeal at the […]

The Adamawa State High Court of Justice has scheduled the arraignment of suspended Resident Electoral Commissioner (REC), Barrister Hudu Ari Yunusa, for November 6th, 2023. Hudu faces multiple charges including announcing false electoral results, breaching his oath of neutrality, disorderly conduct during elections, inciting disturbance, and personating a public servant. Originally set for July 27th, […]