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Decade

FILE PHOTO: Janet Yellen, U.S. President-elect Joe Biden's nominee to be treasury secretary, takes to the podium to speak as President-elect Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis

WSJ: Treasury nominee Janet Yellen to say U.S. does not seek weaker dollar

Janet Yellen, President-elect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to market-set currency rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported.
The world is falling short of promises made under the Paris climate deal to help the most vulnerable nations deal with the increasingly devastating impacts of climate change, according to the United Nations.

UN: Nations failing to fund climate adaptation

The world is falling short of promises made under the Paris climate deal to help the most vulnerable nations deal with the increasingly devastating impacts of climate change, according to the United Nations.
Five people were shot dead in central Mexico City, the local security secretariat said Saturday, a rare attack in the capital and likely linked to organized crime, according to local media.

Five shot dead in rare Mexico City attack

Five people were shot dead in central Mexico City, the local security secretariat said Saturday, a rare attack in the capital and likely linked to organized crime, according to local media.
Jacob Mafume, a prominent member of the main opposition Movement for Democratic Change (MDC) Alliance, was arrested in November for allegedly doling out plots of land to friends and relatives while a city councillor in 2010.

Mayor of Zimbabwe capital bailed in graft case

The mayor of Zimbabwe's capital Harare was released Friday on bail after a month behind bars over graft allegations, his lawyer said, in a case the opposition has denounced as politically motivated.
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

TNOG acquires 45% of OML 17 from Shell, Total, ENI

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

Nigerian government seizes bank’s assets over Shell’s N183 billion debt

Nigerian government have moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

France, World Bank, AfDB pledge $25.5 billion against desertification in Africa

The war against desertification in Africa has gotten a boost with funding coming from multinational donor agencies and the government of France.
Manchester City have been accused of creating a “fake” role at the club for the father of former academy prospect Gabriel Fernando Almeida as a way to circumvent Premier League rules and funnel thousands of pounds to the player's family.

Manchester City accused of creating ‘fake’ scouting job for Brazilian teenager’s father

Manchester City have been accused of creating a “fake” role at the club for the father of former academy prospect Gabriel Fernando Almeida as a way to circumvent Premier League rules and funnel thousands of pounds to the player's family.
The injectable single-dose Ebola vaccine (rVSV∆G-ZEBOV-GP, live) is manufactured by Merck, Sharp & Dohme (MSD) Corp. and developed with financial support from the US government.

WHO, others stockpile Ebola vaccine

The four leading international health and humanitarian organizations on Tuesday announced the establishment of a global Ebola vaccine stockpile to facilitate quick response to the outbreak of the epidemic.
Indonesian search and rescue personnel carrying body bags to be examined by investigators on Sunday in Jakarta, Indonesia. Ed Wray-Getty Images

Indonesia finds body parts, debris, detects emergency signal of crashed jet

Indonesia, on Sunday, detected signals that could come from a flight recorder of a Sriwijaya Air jet that crashed into the sea soon after taking off from the capital Jakarta.
At least 33 Boko Haram militants were killed by Nigerian troops in a gunfight on Sunday, according to military sources on Tuesday.

Boko Haram attacks another Yobe town

Suspected Boko Haram insurgents Saturday attacked Gujba town in Yobe State, shooting sporadically, causing panic and forcing residents to flee their homes.
Chelsea are reportedly to open talks with Bayern Munich star, David Alaba, in the New Year.

Real Madrid hold advantage over Liverpool in race for David Alaba

According to reports, Real Madrid could lean on their strong relationship with sponsors ADIDAS in an attempt to beat Liverpool to the signing of Bayern Munich’s David Alaba.
Zimbabwe President Emmerson Mnangagwa is at odds with a business tycoon who could help Zimbabwe. Jekesai Njikizana -AFP

Zimbabwe nurses strike over virus equipment shortages

Nurses at one of Zimbabwe's busiest hospitals were on strike Friday, complaining of shortages of personal protective equipment (PPE) as the country battles rising numbers of coronavirus cases.
Former supermodel Stella Tennant killed herself because she “felt unable to go on,” according to her relatives.

Iconic British model Stella Tennant passes on at 50

While Tennant was first known for her signature tousled pixie haircut, androgynous features, and commanding six-foot-tall presence—as well as her longstanding creative relationships with fashion legends from Steven Meisel to Karl Lagerfeld—her passion for sculpture, environmental causes, and her home country of Scotland were what eventually became closest to her heart.
Marketers of cooking gas on Wednesday blamed its increasing prices on massive importation, causing anguish to end users.

Retailers, consumers decry rise in cooking gas price

The Liquefied Petroleum Gas Retailers branch of the National Union of Petroleum and Natural Gas Workers on Thursday decried the increase in the price of cooking gas across the country.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB appoints directors-general, deputy directors-general in regional offices

The African Development Bank Group has announced the appointment of directors-general for the East, Central and Southern Africa regions and deputy general for the East, Central, Northern, Southern and West Africa regions.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank forecasts 2.7% economic growth for sub-Saharan Africa

Sub-Saharan Africa is forecast to experience economic growth of 2.7 per cent in 2021 as it rebounds from its first recession in 25 years, the World Bank said Tuesday.

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year.

Recent Stories

UNN starts post UTME screening under coronavirus safety rules

The University of Nigeria Nsukka (UNN) has successfully started the conduct of Post University Tertiary Matriculation Examination (UTME) screening for prospective candidates for admission into the 2020/2021 academic session.
The Imo State Governor, Senator Hope Uzodinma briefing the State Press after a ‘closed door’ meeting with President Muhammadu Buhari at the Presidential Villa Abuja. PHOTO - SUNDAY AGHAEZE. JAN 18 2021

Imo governor raises alarm over coronavirus surge, seeks presidential intervention

Gov. Hope Uzodinma of Imo has raised alarm over what he described as devastating effects of the second wave of Coronavirus pandemic in Imo, calling for urgent presidential intervention to check the menace.
Secretary to the Government of the Federation (SGF) and Chairman of the PTF on COVID-19, Mr Boss Mustapha, who raised the concern on Thursday during the daily press briefing by the task force in Abuja.

Nigeria to conduct 450 coronavirus tests per local council

The Presidential Task Force (PTF) on COVID-19 says the Nigeria Centre for Disease Control (NCDC) will carry out 450 COVID-19 tests in each local government area of the country.

Court fixes date to hear suit seeking to oust ex-Speaker Dogara from House over...

The Federal High Court, Abuja, will, on February 4, hear a suit filed by the Peoples Democratic Party (PDP) asking for the declaration of the seat of Rep Yakubu Dogara vacate on account of his defection to the All Progressives Congress (APC).
Enugu Rangers forward Israel Abia has emerged winner of the prestigious Eunisell Boot Award for the top scorer in the 2019-20 Nigeria Professional Football League season.

Rangers forward Israel Abia wins Eunisell Boot award

Instituted by Eunisell, West Africa’s largest independent chemical as well as oil and gas engineering solutions company, the Eunisell Boot seeks to instill greatness in players in the domestic top flight and celebrate their success story.