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Reforms

Somali president signs law extending mandate for two years

Somalia’s President Mohamed Abdullahi Mohamed has signed a controversial law extending his mandate for another two years, despite threats of sanctions from the international community.
Sidi Brahim Ould Sidati, president of the Coordination of Azawad Movements (CMA), was shot in the capital Bamako on Tuesday morning, CMA spokesman Almou Ag Mohamed said.

Leader of Mali’s rebel alliance CMA dies from gunshot wounds

The leader of Mali’s Tuareg-led rebel alliance has died from gunshot wounds sustained in an attack by unidentified gunmen outside his home on Tuesday, a movement spokesman and Mali’s government said.
Ahmed Idris, the Accountant-General of the Federation (AGF)

AGF commits to financial reform initiatives

Accountant-General of the Federation (AGF), Ahmed Idris, has said he is ready to partner valuable stakeholders that will help consolidate ongoing financial management reforms initiatives of the federal government.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Ahmed Idris: OAGF ready to partner stakeholders on financial reform initiatives

The Accountant General of the Federation, Ahmed Idris, has declared his readiness to partner with stakeholders with valuable ideas to assist in consolidating the gains of the ongoing financial management reforms initiatives.
Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.

Niger Delta agitators: NDDC under Senator Akpabio’s ministry to curtail excesses

The 21st Century Youths of Niger Delta and Agitators with Conscience, 21st CYNDAC, Sunday, said the Presidency placed the Niger Delta Development Commission, NDDC, under the supervision of Ministry of Niger Delta, MNDA, to put the interventionist agency in check.

PDP must overhaul its leadership ahead of 2023 – chieftain

The former commissioner for Information in Edo State and a chieftain of the Peoples Democratic Party (PDP), Prince Kassim Afegbua, has said that the People’s Democratic Party (PDP) must do internal reforms if the party wants to win 2023 general elections.

INEC urges political parties to practice proper internal democracy

Independent National Electoral Commission, INEC, has called on the political parties to practice proper internal democracy to help solve 80 per cent of electoral challenges in the country.
3. President Muhammadu Buhari yesterday canvassed the need for Nigeria to remain as an indivisible entity despite its diversity, saying that way, it will be a better and stronger nation.

President Buhari: Digital technology will boost economic transformation

President Muhammadu Buhari yesterday urged Nigerians in all professions to embrace digital technology in order to take advantage of the enormous opportunities presented by the Fourth Industrial Revolution, towards achieving economic growth and sustainability.
3. President Muhammadu Buhari yesterday canvassed the need for Nigeria to remain as an indivisible entity despite its diversity, saying that way, it will be a better and stronger nation.

President Buhari seeks ICAN’s support to improve nation’s fiscal condition

President Muhammadu Buhari has urged members of the Institute of Chartered Accountants of Nigeria (ICAN) to buy into current reforms undertaken by his administration and provide support in the area of policy formulation with a view to improving the nation’s fiscal condition.

Kaduna: Lawyers, litigants express diverse views as judiciary workers begins strike

Some lawyers and litigants in Kaduna on Tuesday expressed diverse views on the strike by Judiciary Staff Union of Nigeria (JUSUN) which led to closure of courts nationwide.
FILE PHOTO - The U.S. Capitol Building is reflected on a marble seating area following a rainstorm at the East Front on Capitol Hill in Washington, U.S., December 4, 2020. REUTERS-Tom Brenner-File Photo

US Senate Democrats seek change in Donald Trump tax reforms to create jobs

Top Democrats on the Senate Finance Committee on Monday proposed major shifts in former President Donald Trump's 2017 tax reforms to eliminate what they say are incentives for companies to move operations overseas and shift profits to tax haven countries.
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

States can’t tap $1.5 billion World Bank fund without approved tool

The federal government has said only states that have domesticated the National Chart of Accounts (NCoA) will qualify for the $1.5 billion Performance-Based Grants of the World Bank for this year.

Nigerian government urges states to domesticate national chart of accounts to access foreign grants

The federal government has urged state governments to domesticate the National Chart of Accounts (NCoA) to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results 2020 Annual Performance Assessment (APA) and COVID-19 related Disbursement Linked Indicators (DLIs) due in 2021.
French Finance Minister, Bruno Le Maire and the country’s Minister Delegate for Foreign Trade, Franck Riester, confirmed the contribution at a signing ceremony with WTO Director-General, Dr. Ngozi Okonjo-Iweala, held at Geneva, recently.

WTO, France seal €6 million deal to deepen trade in developing countries

France is donating approximately €6 million to finance the World Trade Organisation’s (WTO) technical assistance programmes for developing countries and least-developed countries (LDCs) from 2021 to 2023.
YINKA ODUMAKIN

TMG chair: Yinka Odumakin championed good governance

The Chairperson of Transition Monitoring Group (TMG), Dr Abiola Afolabi-Akiyode, has commiserated with the family of Yinka Odumakin, the late spokesperson of pan-Yoruba group Afenifere, who died on Saturday of COVID-19 complications, describing him as activist who championed good governance.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.
King Abdullah of Jordan on Monday warned that the Islamic State group was regrouping and was once again on the rise in the Middle East.

Jordan arrests ex-top aide, royal family member in crackdown

Jordanian security forces have arrested a former adviser to King Abdullah and others on “security related” grounds, the Petra state news agency said.

IMF approves $2.34 billion in new financing arrangements for Kenya

The International Monetary Fund on Friday said its board had approved new three-year financing arrangements for Kenya valued at $2.34 billion to help the African country continue responding to the COVID-19 pandemic and address its debt vulnerabilities.
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.

Senator Lawan calls for local production of coronavirus vaccine

The President of the Senate, Dr Ahmad Lawan, Wednesday called for concerted efforts by the government and parliament to find resources for Nigerian scientists to collaborate with international agencies to develop COVID-19 vaccine.
President Muhammadu Buhari has approved the renewal of the appointment of Mr. Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises (BPE) for a second term of four years in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999.

BPE chief sets 6-point agenda

The newly re-appointed Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has set up a 6-point agenda to chart the course of his administration in the next four years.
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to always consider its economic policy choices, before taking decision, in order to FastTrack economic growth, its recently launched 2021 Economic Outlook has said.

Nigerian government urged to develop effective social protection systems

A report by the Nigerian Economic Society Group (NESG) on the, “Assessment of the Impact of COVID-19 Lockdown on Households in Nigeria,” has advised the federal government to formulate and implement actionable policies that would strengthen social protection systems in the country.
Sudan’s Finance Minister Jibril Ibrahim said clearance of the arrears would enable the country to secure financing from the World Bank Group and other multilateral institutions and move forward with transformative development projects.

Sudan closer to debt relief with U.S. loan to clear World Bank arrears

Sudan has settled its debts with the World Bank after nearly three decades, moving the heavily indebted African country closer to a much-needed international debt-relief package, the World Bank, U.S. Treasury and IMF said on Friday.

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1. Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.

VP Osinbajo presides as FEC mourns ex-minister Mahmud Tukur

Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.
Leader of the group and National President of NYU, Chinonso Obasi, confirmed told newsmen, Wednesday, that he was invited by the DSS, adding he had concluded arrangements to be at DSS headquarters on Wednesday morning in honor the invitation.

DSS invites youth leader over planned protest at Abuja airport

Leader of the group and National President of NYU, Chinonso Obasi, confirmed told newsmen, Wednesday, that he was invited by the DSS, adding he had concluded arrangements to be at DSS headquarters on Wednesday morning in honor the invitation.
Ms Shu’aibu stated that the wife of Zamfara Governor, Aisha Matawalle, presented the money to the beneficiaries on behalf of the association.

Zamfara governor’s wife secures political appointments for 20 herders

The wife of Zamfara State governor, Hajiya Aisha Matawalle, has secured appointments of Special Assistants to the Governor for 20 members of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN).
A study in the United States, shows AstraZeneca’s COVID-19 vaccine provides strong protection against coronavirus and eliminates hospitalizations and deaths from the disease across all age groups, the company announced on Monday.

Germany decides against AstraZeneca for second jab for under-60s

People under 60 in Germany who were given the AstraZeneca vaccine as their first dose will switch to a different vaccine for the second dose, German federal and state health ministers have decided.
Festus Keyamo

Minister: I pity those who follow commercialised opinions on social media

The Minister of State for Labour and Employment, Festus Keyamo (SAN), has expressed pity for those who allow themselves to be influenced by the opinions of certain people on social media.

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When the Lagos State Court of Appeal granted the Senior Shepherd-in-Charge of the Celestial Church of Christ, Genesis Global, Prophet Israel Oladele Ogundipe, a post-conviction bail last week, on grounds of failing health, quite a number of people, particularly members of his congregation, were very happy with the news. This is because the televangelist’s previous bail applications were all turned down.

How love affair gone bad led to imprisonment of Prophet Israel Oladele

When the Lagos State Court of Appeal granted the Senior Shepherd-in-Charge of the Celestial Church of Christ, Genesis Global, Prophet Israel Oladele Ogundipe, a post-conviction bail last week, on grounds of failing health, quite a number of people, particularly members of his congregation, were very happy with the news. This is because the televangelist’s previous bail applications were all turned down.
ActionAid Nigeria (AAN)

ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile

A non-profit making organisation, ActionAid Nigeria, AAN, and stakeholders, Friday, expressed worry over unstable levels of borrowings and rising national debt profile under the Buhari-led administration and poverty increasing daily.
Nigeria international Moses Simon has revealed that it took him time before he could adapt to life in Europe, Sportinglife.ng reports.

Moses Simon constructs roads, drainage for local community in Benue

Super Eagles winger Moses Simon has extended his other side of life to the people of Obagaji Agatu community in Benue state where he’s currently constructing befitting roads and Drainage.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Negative sentiments persist, indices down by 0.29%

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
Former Emir of Kano and one-time Managing Director of First Bank, Muhammadu Sanusi II, has lamented that the nation’s economy has not been diversified, over 60 years after the discovery of oil in Nigeria.

Mallam Sanusi: Nigeria’s political structure economically unsustainable

He spoke on Thursday at an online roundtable event titled ‘Debt Relief for a Green and Inclusive Recovery in Nigeria?’ organised by the Heinrich Böll Foundation and the Centre for the Studies of the Economies of Africa (CSEA).