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Christian Sewing

Deutsche Bank suffers new setback with S&P downgrade

In January, Union Investment fund manager Ingo Speich warned that if earnings don't recover in coming years, "something that is unthinkable today could occur, the breaking up of Deutsche and its merger with other large European companies".

Germany’s Deutsche Bank to lay off more than 7,000 workers

Germany's biggest lender Deutsche Bank has announced that it will slash over 7,000 jobs as it looks to cut costs and recover from three consecutive years of losses.

Deutsche Bank cuts deeper to fight profit plunge

Germany's biggest lender Deutsche Bank on Thursday reported a slump in profits in the first quarter, with new CEO Christian Sewing announcing deep cuts at its flagship corporate and investment banking division to tackle its woes.

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Miners at work in a mine shaft. AFP

About 40 people remain trapped in Liberian gold mine

Fellow miners have been using their bare hands to remove debris in an effort to free some 40 gold miners who have been trapped for a week, a spokesperson for Liberia's disaster management agency said on Sunday.

APGA alleges plot by PDP to rig Abia elections

The All Progressive Grand Alliance (APGA) in Abia says it has uncovered the Peoples Democratic Party’s (PDP) grand plot to rig the general elections in the state.

Ebun-Olu Adegboruwa: Movement restriction during elections is illegal

Activist lawyer, Mr Ebun-Olu Adegboruwa, has warned the police against restricting human and vehicular movements on election days, saying it is unconstitutional.
INEC sensitive materials

Election: PDP, APC trade words over withdrawal of INEC sensitive materials

The People’s Democratic Party (PDP) in Ekiti, on Sunday accused the Independent National Electoral Commission (INEC), of alleged plan to rig the Presidential and National Assembly elections in favour of the ruling All Progressives Congress, (APC).

NCDC: Nigeria exceeds emergency threshold for Lassa fever

With 136 confirmed cases of Lassa fever, 31 death and 22.8 percent fatality rate, the Nigeria Center Disease Control (NCDC), said that Nigeria has exceeded the emergency threshold for Lassa fever.