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Zenith Bank emerges best bank in Global Finance Awards

Zenith Bank Plc, has emerged as the best bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.
WHO director-general Tedros Adhanom Ghebreyesus

WHO: Invest now to fight next pandemic

The World Health Organization on Wednesday urged countries to invest in getting their healthcare systems fit to fight the next pandemic rather than scrambling around in panic when it hits.

Oil price rises to $25 as US inventories drop

Crude oil price is set to end the nightmare of producers as it rose for the second day thursday by 13.8 per cent to $25.65 per barrel.
The worldwide death toll from the new coronavirus has surpassed 100,000 amid about 1.6 million cases and more than 368,000 recoveries, according to the Johns Hopkins University tally.

Global coronavirus deaths top 170 000

The coronavirus pandemic has killed more than 170 000 people globally, close to two-thirds of them in hardest-hit Europe, according to an AFP tally on Tuesday at 09:35 (GMT).

UN: Global hunger could double due to coronavirus blow

The number of people facing acute food insecurity could nearly double this year to 265 million due to the economic fallout of COVID-19, the United Nations’ World Food Programme (WFP) said on Tuesday.
Scott Morrison

Coronavirus: Australia premier throws weight behind virus inquiry

Australian Prime Minister Scott Morrison on Tuesday threw his weight behind calls for an international inquiry into China’s initial response to the coronavirus and its origins.
Coronavirus cases spike in the U.S. Above Medics transport a patient through heavy rain into an ambulance at Life Care Center of Kirkland, in State of Washington. US now has over 1000 infected patients

WHO: US could become next coronavirus epicentre

The World Health Organisation said on Tuesday that the U.S. could become the global epicentre of the coronavirus pandemic, which finally forced reluctant organisers to postpone the Tokyo 2020 Summer Olympics.

Nigeria drops two places on Transparency International’s latest corruption index

Nigeria has dropped two places on the annual corruption perception index published by Transparency International.
Climate change threatens food supplies if extreme weather conditions hit more than one grain-producing region at a time, scientists warned Monday.

Climate change threatens food supplies

A team from the International Institute for Applied Systems Analysis (IIASA) based in Austria said climate change not only resulted in higher temperatures but is also producing more severe climatic events such as drought, heatwaves and floods.
Italian bank UniCredit said Tuesday it would eliminate 8,000 jobs in Western Europe and close 500 branches by 2023 to cut costs by a billion euros.

UniCredit bank to shed 8,000 jobs by 2023

Italian bank UniCredit said Tuesday it would eliminate 8,000 jobs in Western Europe and close 500 branches by 2023 to cut costs by a billion euros.
A Eurocopter Tiger helicopter is seen at the French military base in Gao, in northern Mali.

Black boxes from crashed helicopters found in Mali

The black boxes from two French military helicopters that collided in Mali killing 13 soldiers have been found, a French military spokesperson said on Wednesday.
Nigerian founder Sim Shagaya is back with a new startup — uLesson — that has raised a $3.1 million seed round led by TLcom Capital. 3

Konga founder Sim Shagaya raises $3.1 million for new venture

Sim Shagaya, Nigerian founder of e-commerce platform Konga, is back with a new startup — uLesson — that has raised a $3.1 million seed round led by TLcom Capital.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC: Oil demand to fall in the West, but not in India, China

Oil demand in highly industrialised countries will shift from slight growth to a decline after 2020, while India and China will ensure that global oil consumption will grow over the next decades, an official said.
Kazakh police detain protestors in Almaty, southeastern Kazakhstan, on October 26, 2019. – More than two dozen people were detained in Kazakhstan’s main cities after a banned opposition group called for a protest against the government and Chinese economic expansion. (Photo by Ruslan PRYANIKOV / AFP)

Police detain 26 at anti-government protests in Kazakhstan

Police detained more than two dozen people on Saturday in Kazakhstan’s main cities for participating in protests called by a banned opposition group where they criticised the government and Chinese expansion.

Expert charges Nigerian professionals on innovation

The Co-Founder and Executive Partner at Loft Inc Capital Allied Partners, Mr. Michael Oluwagbemi, has called on professionals in Nigeria to innovate to enable the nation’s economy witness the much-needed turn-around.

Demand for Nigerian oil “dire” as US competition ramps up

Nigerian oil has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in Europe and Asia.
President Julius Maada Bio of Sierra Leone

Insurgency: Sierra Leonean president warns against toying with youth matters

Sierra Leonean President Julius Maada Bio on Wednesday urged African leaders to do something about the exponential growth of youth population in the continent or risk a full-blown insurgency in the near future.
hacking

Hackers hit global telecoms companies in espionage campaign

Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.