GHANA has launched the Volta Lake Economic Corridor as a centrepiece of its ambitious 24-hour economy agenda, aiming to supercharge productivity, logistics, and industrial development through one of West Africa’s most underutilised natural assets. President John Mahama announced the corridor during a national address in Accra on Wednesday, presenting it …
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US To Dismantle AFRICOM
…Tells Africa to make its case THE United States is considering dismantling its Africa-focused military command, AFRICOM, and has called on African governments to voice their support or risk losing the strategic platform altogether, General Michael Langley, commander of US Africa Command, said on Tuesday. Speaking ahead of a high-level defence …
Read More »Kanu Admitted Smuggling Biafra Radio Transmitter, DSS Witness Tells Court
…Faults claim that evidence was obtained under duress. A federal high court sitting in Abuja on Wednesday heard how the self-acclaimed leader of the separatist group, Indigenous Peoples of Biafra (IPOB), Nnamdi Kanu, smuggled into Nigeria a radio transmitter which he set up in Ubuluisiuzor, in Ihiala local government area …
Read More »Alleged Corruption: How Emefiele Received $17.1m Cash — EFCC witness
AN official of the Economic and Financial Crimes Commission, Alvan Gurumnaan, who is testifying as the eighth prosecution witness, has told the Lagos State Special Offences Court sitting in Ikeja how a former governor of the Central Bank of Nigeria, Godwin Emefiele, allegedly received a total of $17.1 million in …
Read More »FBI Reopening Investigation into Cocaine Found at Biden White House
THE FBI is taking another look at the cocaine found inside the Biden administration White House in 2023, according to Deputy Director Dan Bongino. “Shortly after swearing in, the Director and I evaluated a number of cases of potential public corruption that, understandably, have garnered public interest. We made the …
Read More »US Suspends Student Visa Processing
US Secretary of State Marco Rubio, on Tuesday, May 27, ordered a suspension of student visa processing as President Donald Trump’s administration ramps up vetting of their social media, according to an internal cable. It is the latest move that takes aim at international students, a major source of revenue …
Read More »Court Orders el-Rufai to Pay N900m for Rights Violation
A Federal High Court in Kaduna has ordered former Kaduna State Governor, Mallam Nasir el-Rufai, and five others to pay N900 million in damages for the unlawful detention of Adara community elders in 2019. Delivering the judgement on Tuesday, Justice Hauwa’u Buhari ruled in favour of a suit filed by …
Read More »Indonesia, Ethiopia to Strengthen Economic Partnership through BRICS
INDONESIA and Ethiopia are considering ways to expand bilateral cooperation, as well as interaction in the BRICS bloc, according to a report by Antara News Agency, a partner of TV BRICS. The report indicated that the Indonesian Foreign Affairs Minister Sugiono held a meeting with Ethiopian Ambassador to Indonesia Fekadu …
Read More »Stock Market Records N1.086trn gain
NIGERIAN stock market continued its bullish trend on Tuesday, recording a N1.086 trillion gain. Market capitalisation rose by N1.086 trillion, or 1.57 per cent, to close at N70.38 trillion, up from N69.291 trillion recorded on Monday. Similarly, the All-Share Index (ASI) rose by 1,721.29 points, or 1.57 per cent, settling …
Read More »President Tinubu Appoints Governing Council Members For 3 Federal Universities
PRESIDENT Bola Tinubu has appointed new members for the governing councils of the University of Abuja (UNIABUJA), University of Nigeria, Nsukka (UNN) and Nnamdi Azikiwe University, Awka (NAU). In February, President Tinubu dissolved the Governing Council of UNIABUJA and sacked the university’s vice-chancellor, Aisha Maikudi, amid controversy over her eligibility, …
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