GHANA’S government has ruled out providing a $4bn bailout to recapitalise the Bank of Ghana (BoG), warning that using taxpayer funds to cover the central bank’s financial shortfall would jeopardise vital public services. Finance Minister Cassiel Ato Forson made the announcement during an exclusive interview aired by JoyNews TV earlier this week. The BoG …
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AFRICA’S urban population is on course to double by 2050, rising from the current 700 million to an estimated 1.4 billion, according to a new report released early March. This surge will position Africa as the second-most urbanised region in the world, following Asia. The report, Africa’s Urbanisation Dynamics 2025, jointly published by the Organisation …
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A BRITISH national has died following a hit-and-run incident involving a vehicle from the motorcade of Kenyan President William Ruto. According to a report by the BBC, the man has been identified as 79-year-old Edgar Charles Frederick, who was struck on a main road in Nairobi on Thursday. Police say the …
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NIGERIAN musicians pocketed an impressive $37.5 million in royalties from Spotify in 2024, according to the platform’s latest Loud & Clear report. While this figure represents a fraction of the $10bn Spotify paid to artists worldwide, it marks a major milestone for Nigeria’s booming music industry. Spotify’s data shows that payments to …
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THE National Hajj Commission of Nigeria (NAHCON) has approved Max Air to transport intending pilgrims from Jigawa for the 2025 Hajj pilgrimage to Saudi Arabia. The Director-General of the Jigawa State Pilgrims Welfare Board, Alhaji Ahmed Labbo, announced this in a statement signed by the Board’s spokesman, Mr Habibu Yusuf, …
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THE Police Command in Edo says it has rescued Reverend Father Philip Ekeli, who was kidnapped alongside Seminarian Peter Andrew in the state on March 3. CSP Moses Yamu, the command’s Public Relations Officer announced this in a statement in Benin on Friday. Yamu noted, however, that the seminarian tragically …
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AFRICA’S economic growth is projected to bounce back over the next two years, with gross domestic product (GDP) expected to rise by 3.8 percent in 2025 and 4.1 percent in 2026. This is according to the latest report released by the United Nations Economic Commission for Africa (UNECA) during its …
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RUSSIAN President Vladimir Putin has expressed gratitude to world leaders, including United States President Donald Trump, Prime Minister Narendra Modi, and Brazilian President Luiz Inacio Lula da Silva, for their endeavours to address the ongoing conflict in Ukraine. Speaking at a joint press conference with Belarusian President Alexander Lukashenko on …
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US President Donald Trump has assured that “no one would be expelled from the Gaza Strip,” as negotiations between Hamas and Israel continue under the observation of US Special Envoy Steve Witkoff. Washington has recently intensified its role in shaping the second phase of a Gaza peace deal, with a …
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THE plane carrying US President Donald Trump’s special envoy Steve Witkoff has reportedly crossed into Russian airspace on Thursday, reports said, citing flights-tracking service FlightRadar. Before leaving for Russia, Witkoff had been in Doha, where the US, Egypt, and Qatar are mediating indirect talks between Israel and Hamas over the …
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