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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.
Ugandan musician turned politician, Robert Kyagulanyi, also known as Bobi Wine, and Uganda's four time Presidential candidate Kizza Besigye attend a joint news conference over the government handling of the coronavirus disease (COVID-19) pandemic and a possible alliance against President Yoweri Museveni in the upcoming elections, in Wakiso district, in Kampala, Uganda June 15, 2020. REUTERS/Abubaker Lubowa/File Photo

Ugandan opposition party says it will challenge presidential election result

Ugandan opposition leader Bobi Wine’s party said on Sunday that it was preparing to challenge President Yoweri Museveni’s election victory and condemned what it called the house arrest of Wine and his wife.
FILE PHOTO - Lebanese Maronite Patriarch Bechara Boutros Al-Rai speaks after meeting with Lebanon's President Michel Aoun at the presidential palace in Baabda, Lebanon July 15, 2020. Dalati Nohra-Handout via REUTERS

Lebanon patriarch tells feuding president and premier-designate to reconcile

Lebanon’s top Christian cleric has urged President Michel Aoun to set up a reconciliation meeting with Prime Minister-designate Saad al-Hariri to form a cabinet and end the country’s political deadlock.
(FILES) In this file photo taken on May 9, 2010, then-Tunisian President Zine El Abidine Ben Ali (front) waves to well-wishers after voting for the municipal elections next to his wife Leila (C) and his son-in-law the Tunisian businessman Sakher el-Materi (R) in Tunis. – Tunisia, where the Arab Spring started, has also been its relative success story — but celebrations will be muted when it marks one decade Thursday since protesters ousted its autocratic president. A preliminary count by Tunisian authorities in 2012 found that 338 people were killed and 2,147 wounded during the popular uprising. Those figures shrank to 129 killed and 634 injured in an online list published in October 2019 by the Tunisian Higher Committee on Human Rights and Fundamental Freedoms. (Photo by FETHI BELAID / AFP)

Tunisia set to lose stolen millons in Swiss banks

Tunisia could lose millions of dollars stashed in Switzerland by the family of ousted dictator Zine El Abidine Ben Ali, a senior official said Saturday.

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.
Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.

CIBN boss optimistic banks will facilitate AfCFTA success

Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.
Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

FIRS creates tax audit units to address illicit financial flow

The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow.
Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard.

Abuja residents: Why we buy ‘second hand’ clothes

Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard.
A Michigan judge Cynthia Stephens has dismissed a lawsuit by President Donald Trump’s campaign asking that vote count in the state be halted.

Allies warn Donald Trump not to run in 2024

After he lost his reelection bid in November, Donald Trump immediately told allies he planned to run for president again in 2024, preparing to announce as soon as Inauguration Day.
Dangote Cement

AfCFTA: Dangote creates new trade routes

Dangote Industries Ltd, said its cement expansion plan and fertilizer investments are strategies aimed at opening new trade routes for Nigeria under the Africa Continental Free Trade Area (AfCFTA).
Prince Harry has paid back £2.4 million ($3.2 million) of British taxpayers’ money used to renovate his home at Windsor Castle, using cash from his recent Netflix deal, his spokesman said on Monday. The Duke of Sussex, as he is formally known, and his wife, American former actress Meghan Markle, retired from royal duties earlier this year in a quest for “financial independence”.

Prince Harry, Meghan Markle ‘quit’ social media

Prince Harry and Meghan Markle have quit social media after growing disillusioned by the “hate” they have found on sites like Facebook and Twitter, a UK newspaper reported on Sunday.
Tunde Ayeni

Ex-Skye Bank chair Tunde Ayeni accuses Captain Okunbo of stealing, criminal diversion of millions...

A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.

Former Ghana FA supremo admits wrongdoing during Fifa ban appeal

Former Ghana FA (GFA) president Kwesi Nyantakyi admitted to having breached several codes of Fifa’s ethics when his appeal was heard at the Court of Arbitration for Sport (Cas).
The committee is chaired by Prof. Akpan H. Ekpo, a former Director General of the West African Institute for Financial & Economic Management (WAIFEM), with Prof. Emmanuel Onwioduokit, HOD of Economics at the University of Uyo as Secretary.

Economists appraise Nigeria’s N13.5 trillion budget

Financial Economists on Thursday urged the Federal Government to give practical effect to the programmes in the 2021 budget for it to be realistic and sustainable.
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.
US lawmakers are calling for an investigation of the police force that protects the Capitol, while also offering praise for their actions, after Wednesday’s storming of the seat of the country’s legislative branch by a mob of pro-Trump supporters.

US lawmakers demand investigation of Capitol security

U.S. lawmakers are calling for an investigation of the police force that protects the Capitol, while also offering praise for their actions, after Wednesday’s storming of the seat of the country’s legislative branch by a mob of pro-Trump supporters.
FILE PHOTO - The U.S. Capitol dome is seen at night in Washington, U.S., December 17, 2020. REUTERS-Erin Scott-File Photo

US Democrat Senate wins push stocks higher despite Capitol chaos

Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say.
Stacey Abrams speaks to the media about the U.S. Senate runoff elections outside St. Paul's Episcopal Church in Atlanta, Georgia, U.S., January 5, 2021. REUTERS-Elijah Nouvelage

Democrats win one Georgia runoff and lead in second, moving closer to U.S. Senate...

Democrats won one hotly contested U.S. Senate race in Georgia on Wednesday and pulled ahead in a second, edging closer to control of the chamber and the power to advance Democratic President-elect Joe Biden’s policy goals when he takes office this month.

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Super Falcons captain Asisat Oshoala has announced the death of her stepmother.

Super Falcons skipper Asisat Oshoala loses stepmum

“I’ve heard lots of it has happened, it has happened, there is nothing you can do to bring her back, you are a strong girl… I just cannot process these lines, mummy, you are not gone; it is not possible.”
“I think this matter should be handed to scientists and medical professionals, and not politicians, who lie for their own domestic political ends,” said foreign ministry spokeswoman, Hua Chunying, at a regular press briefing.

China to sanction U.S. officials for ‘nasty’ behaviour over Taiwan

Ministry spokeswoman Hua Chunying made the comment in response to a question about U.S. Secretary of State Mike Pompeo’s decision this month to lift restrictions on contacts between U.S. officials and their Taiwanese counterparts.
Russian opposition politician Alexei Navalny and his wife Yulia are seen in a still image from video on board of a plane before the departure for Moscow at an airport in Berlin, Germany January 17, 2021 in this still image from video obtained from social media. Courtesy of Instagram @NAVALNY/Social Media via REUTERS

UK worried about Alexei Navalny’s safety after Russia detains him – minister

Britain is worried about the safety of Kremlin critic Alexei Navalny after he was detained on return to Moscow, British Vaccine Deployment Minister Nadhim Zahawi said on Monday.
The National Drug Law Enforcement Agency, (NDLEA) Nnamdi Azikwe International Airport (NAIA), Abuja has intercepted 21.9kg of Cocaine.

NDLEA intercepts 21.9kg of cocaine at Abuja airport

According to him, during the inward clearance of the flight, the vigilant officers of the Command became suspicious upon noticing that the two brief cases were abandoned on the conveyor belt without any of the passengers claiming them.
The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians out of poverty before 2030.

Nigerian governors to meet over coronavirus second wave as schools re-open

The Nigerian Governors Forum on Monday said it will meet on Wednesday to chart a way out of the second wave of the pandemic as schools reopen across the country.