Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns
The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war. The position was contained in the April Regional Economic Outlook with the tagline ‘a new shock and
TotalEnergies to sell stake in Nigerian joint venture
French oil major TotalEnergies has announced it will put up for sale its minority stake in a Nigerian oil joint venture. The firm wants to focus on deep-water fields away from the difficulties of operating in close proximity with local communities, Bloomberg reported Thursday. TotalEnergies is a multinational energy company
SIM-NIN linkage now frustrating terrorists in North East
The Nigerian Communications Commission (NCC), says the ongoing implementation of the National Identity Number and SIM linkage policy in Nigeria has so far denied terrorists and bandits access to telecommunication services in the country. The Director, Compliance Monitoring and Enforcement NCC, Ephraim Nwokonanya, represented by Head Compliance, Monitoring, and Enforcement,
Thousands of UK troops to be sent to Europe in bid to combat Russian aggression
Defence Secretary Ben Wallace says the deployment of British armed forces across eastern Europe will show “solidarity and strength” as the war between Ukraine and Russia continues. Around 8,000 British soldiers are due to be sent to eastern Europe to take part in military exercises designed to combat Russian aggression.
Man stabs his baby’s mother to death
A woman who admitted to tossing her dead baby’s body in a bin last year has been stabbed to death by the child’s father, police said Thursday, April 28. LaDonia Boggs, 39 was found “suffering from an apparent stab wound” after a “domestic” incident at a home in Northeast DC
Kim Kardashian cries as Kanye West retrieves rest of sex tape
We now have more insight into how Kanye West helped Kim Kardashian get the remaining footage of her infamous sex tape. On the most recent episode of her family’s new Hulu reality series “The Kardashians,” the mogul broke down in tears after West – who now goes by Ye –
Russian strike on Kyiv a display of Putin’s contempt for world leaders
Moscow has confirmed it struck Kyiv last night but claims that its target was a military one – specifically, a plant that manufactures missiles. It’s two weeks since Russian forces last attacked the Ukrainian capital in a series of strikes that were widely interpreted as retaliation for the sinking of
Biden proposes $33bn to help Ukraine in war
Mr. Biden said it was “critical” for US lawmakers to approve the deal, which he said would help Ukraine defend itself. The proposal includes more than $20bn in military aid, $8.5bn in economic aid, and $3bn in humanitarian aid. “It’s not cheap,” Mr Biden said on Thursday. “But caving to
Court remands woman accused of employment fraud in Kaduna
The Kaduna Zonal Command of the EFCC on Thursday, April 28, arraigned one Salamatu Isah (aka Uwar Marayun Matasan Arewa) before Justice Darius Khobo of the State High Court, Kaduna on a one-count charge bordering on obtaining by false pretence. Salamatu, who is standing trial on multiple fraud charges, is
International airlines shun new Lagos terminal over space constraints
International airlines operating in Nigeria are not using the new terminal at the Murtala Muhammed International Airport (MMIA), Lagos, launched over one month ago because of space constraints. While Air Peace, the largest domestic airline in Nigeria last week commenced regional and international flight operations from the new terminal, the