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FILE PHOTO - A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS-Yuriko Nakao-File Photo

World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa

In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria,

Oil spill: Agip shuts down oil well in Bayelsa

The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa Local Government Area in Bayelsa, resulting in its shutdown.
Governor Yahaya Bello of Kogi state has said that certain politicians are frustrating the war against insecurity by President Muhammadu Buhari.

Kogi registers indigent households impacted by coronavirus

Idris emphasised that the programme known as ”Rapid Response Register” (RRR), was designed as a shock response framework by the National Social Safety Net Programme (NASSP) in collaboration with the World Bank to cushion the effect of COVID-19 pandemic.
Rwanda's economy is expected to grow 5.1% this year after contracting 3.4% in 2020 as a result of the COVID-19 pandemic, a senior finance ministry official said on Wednesday.

Official: Rwanda’s economy to recover this year, more spending seen

Rwanda's economy is expected to grow 5.1% this year after contracting 3.4% in 2020 as a result of the COVID-19 pandemic, a senior finance ministry official said on Wednesday.
People wait to cremate victims who died due to the coronavirus disease (COVID-19), at a crematorium ground in New Delhi, India, April 23, 2021. REUTERS-Danish Siddiqui

India’s coronavirus deaths cross quarter million as virus ravages countryside

India’s coronavirus deaths crossed a quarter million on Wednesday in the deadliest 24 hours since the pandemic began, as the disease rampaged through the countryside, overloading a fragile rural healthcare system
Dua Lipa won the coveted British Album of the Year prize at the Brit Awards on Tuesday, in a ceremony that saw female artists dominate the mixed categories.

Dua Lipa wins album of the year at Brit Awards

Dua Lipa won the coveted British Album of the Year prize at the Brit Awards on Tuesday, in a ceremony that saw female artists dominate the mixed categories.
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Nigerian banks slash dollar-cash deposits to $5,000 monthly

Nigerian banks have reduced the amount of United States dollars customers can pay into their domiciliary accounts from the previous $10,000 to $5,000 monthly.
A medic tends to a man with breathing problems inside a COVID-19 ward of a government-run hospital, amidst the coronavirus disease (COVID-19) pandemic, in Bijnor district, Uttar Pradesh, India, May 11, 2021. REUTERS-Danish Siddiqui

India’s coronavirus deaths cross quarter million mark, no sign of peak

India said on Wednesday a record number of people were killed by the coronavirus in the past 24 hours, pushing its overall death toll over a quarter million, while a leading virologist said it was too early to say if infections had reached a peak
6. President Muhammadu Buhari is currently meeting behind closed doors with Service Chiefs and heads of security agencies at the Presidential Villa, Abuja.

Security chiefs get three weeks to curtail rising insecurity

The mandate to the security chiefs came against the backdrop of the rising cases of attacks by non-state actors on police and other agencies’ facilities as well as personnel, especially in the South-east.

NSIA chief: How we tripled profits in 2020

The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, Tuesday disclosed that the organisation which manages the country’s sovereign wealth fund tripled its profits in 2020.

SEC to ban unregistered capital market operators

The Securities and Exchange Commission (SEC) says it will stop operations of capital market operators (CMOs) that are yet to renew their registration by May 31, 2021.
Woman ride bikes on a street, following the outbreak of the coronavirus disease (COVID-19), in Shanghai, China May 10, 2021. REUTERS-Aly Song

China demographic crisis looms as population growth slips to lowest ever

China’s population grew at its slowest since the 1950s as births declined, sowing doubt over Beijing’s ability to power its economy as it succumbs to the same ageing trends afflicting developed nations like Japan.
Edinson Cavani has signed a contract extension at Manchester United that keeps the Uruguay striker at the club until June 2022.

Manchester United legend thrilled with Edinson Cavani’s new deal

Neville has admitted he was not convinced when the Red Devils signed Cavani last year, but was delighted to be proved wrong and feels United are a better team with the 34-year-old leading the line.

SEC bars unregistered operators from capital market after May 31

The Securities and Exchange Commission, SEC, has declared that Capital Market Operators, CMO, who fail to renew their registration before May 31, 2021, will not be allowed to operate in the market.
Amaju Melvin Pinnick, the President of the Nigeria Football Federation, has restated his backing for embattled head coach of the Super Eagles Gernot Rohr despite increasing calls for the immediate dismissal of the German.

Joseph Dosu: Super Eagles boss to face strikers’ headache for 2022 AFCON and 2022...

Former Nigerian goalkeeper, Dosu Joseph says it will be music to hears of Gernot Rohr with the way Super Eagles strikers are scoring goals in Europe.
The office of the Independent National Electoral Commission (INEC) in Ohafia Local Government Area of Abia state has been set ablaze by hoodlums.

Hoodlums raze INEC office in Abia

The office of the Independent National Electoral Commission (INEC) in Ohafia Local Government Area of Abia state has been set ablaze by hoodlums.
Leicester City midfielder Wilfred Ndidi said he is very proud of his compatriot Kelechi Iheanacho’s scoring feat after he grabbed a goal in their 3-0 win over West Bromwich Albion.

Leicester City prepare for ‘big task’ ahead

Leicester City have a big week coming up as they look to give their Champions League hopes a major boost as well as make club history by lifting the FA Cup.
A Bayelsa State councillor, Onem Miracle Tyna, has rejected offers of a GoFundMe or any other fundraising campaign planned on her behalf by members of the public.

Bayelsa councillor rejects fundraising after building bridge with funds meant for official car

A Bayelsa State councillor, Onem Miracle Tyna, has rejected offers of a GoFundMe or any other fundraising campaign planned on her behalf by members of the public.
The communiqué, which was signed by NYCN President, Comrade Solomon Adodo and Secretary, Suleiman Musa, further called for support from youths and other stakeholders in the region for Buhari and Akpabio.

Niger Delta: President Buhari has surpassed all past presidents – NYCN

National Youth Council of Nigeria (NYCN) on Sunday said that President Muhammadu Buhari has surpassed all past Presidents of the country in the development of the Niger Delta region.
2. Super Eagles forwars Victor Osimhen was unstoppable with two goals and an assist as Napoli flattened Spezia 4-1 away from home on Saturday, but lost Dries Mertens to injury.

Victor Osimhen now a ‘huge player’ for Napoli – agent

Victor Osimhen’s agent William D’Avilla says the Nigerian is back to his best following his impressive displays in recent outings for Serie A club Napoli.
The Blue Nile River is seen as the Grand Ethiopian Renaissance Dam reservoir fills near the Ethiopia-Sudan border, in this broad spectral image taken November 6, 2020. NASA-METI-AIST-Japan Space Systems, and U.S.-Japan ASTER Science Team-REUTERS

Sudanese officials meet with U.S. envoy over stalled dam talks

Sudanese officials held talks with a new U.S. envoy to the Horn of Africa on Saturday aimed at resolving a dispute over Ethiopia’s giant hydropower dam on the Blue Nile.
From 4.00 a.m. on Saturday (0300 GMT), anyone arriving from France, the Netherlands, Monaco, Malta, Turks and Caicos, and Aruba will have to self-isolate for 14 days, Transport Secretary, Grant Shapps, tweeted.

UK ‘open’ to hosting Champions League final due to Turkey travel ban

Britain on Friday said it was willing to step in to host the Champions League football final, after the UK government placed Turkey on a coronavirus travel red list.

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FILE PHOTO - A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS-Yuriko Nakao-File Photo

World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa

In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria,

Femi Falana: Southern governors should legalise open grazing ban to prosecute offenders

Human rights lawyer, Femi Falana (SAN), has urged southern governors in the country to back their ban on open grazing with a legal instrument to enable the prosecution of offenders.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Edo governor: Nigeria’s unity must be on social justice, equity

The Governor of Edo State, Godwin Obaseki, has called for unity in Nigeria in order for the country to overcome its many challenges.
Demonstrators gather outside the army headquarters in Khartoum on Tuesday [Ashraf Shazly-AFP]

Two people killed in Sudan rally over 2019 protest killings

At least two people have been killed and dozens wounded as Sudanese security forces cracked down on a rally that demanded justice for protesters killed during anti-government demonstrations two years ago, according to the army.
The police command in Ekiti on Friday confirmed the killing of a police officer as gunmen allegedly abducted a Chinese expatriate in Ado Ekiti, the Ekiti State capital.

Gunmen abduct graduate, one other in Ondo community

Gunmen suspected to be kidnappers have created tension in Ikaram Akoko, in Akoko North West council area of Ondo State, following the abduction of two residents of the community including a graduate, identified as Gbodi.

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Minister urges women to sustain legacies left by late Senator Alhassan

The Minister of Women Affairs, Mrs Pauline Tallen has called on Nigerian women to sustain and build on the political and empowerment legacies established left by late Aisha Alhassan.
Benue State Governor Samuel Ortom

Benue governor allays fear as military begins air surveillance

Benue State Governor, Samuel Ortom on Sunday allayed the fears of Makurdi residents and environs over the aerial surveillance been carried out by the military in parts of the state capital.
Manchester United executive co-chairman Joel Glazer has promised the board will become “better listeners” in light of recent supporter protests.

Joel Glazer writes open letter to Manchester United supporters

Last weekend’s Premier League clash with Liverpool had to be postponed due to protests in and around Old Trafford against the Glazer family’s ownership of the club and their recent involvement in plans for a European Super League.
The Minister of Youth and Sports Development, Mr. Sunday Dare, on has turned the heat on the Nigeria Football Federation (NFF) saying football in the country is going backward.

Sports minister sees off Nigeria relay teams to US

Nigeria’s preparations for the 2020 Tokyo Olympics has hit top gear as 16 athletes departed the Murtala Mohammed International Airport Thursday aboard Delta Airlines to Texas, United States of America (USA) where they will take part in some track and field meetings as they bid to qualify for the five relay events at the Games in Tokyo.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

National Assembly pledges safe return of Nigerian students stranded in Caribbean Island

President of the Senate, Dr. Ahmad Lawan, has assured 230 Nigerian students currently stranded in the Southern Caribbean nation hit by volcanic eruptions that the National Assembly would intervene to ensure that they are safely brought back home.