A Federal High Court in Lagos has affirmed the ownership right of a firm, Chard Harpers Properties Limited, on a property seized by the Economic and Financial Crimes Commission, EFCC, from a former Governor of Bayelsa State, Diepreye Alamieyeseigha. The property situated at 1, Community Road, Allen Avenue, Ikeja, Lagos, …
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Botswana’s new president has told the BBC that he wants undocumented Zimbabweans to be legalised by granting them temporary work and residence permits. “They do jobs that would otherwise not get done,” Duma Boko told the BBC Africa Daily podcast before his historic inauguration on Friday. Botswana hosts the world’s …
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* Bank management’s complicity suspected * Bank keeps mum A fraud of monumental proportion has quietly rocked one of Nigeria’s leading financial institutions, Zenith Bank PLC, in recent times. This was consequent upon the allegation that Saadatu Ramallan Yaro, a staff member of the bank and wife of Aminu Yaro, …
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THE Transmission Company of Nigeria (TCN) has disclosed why the national grid collapsed for the 11th time in 2024 just after the same collapse happened on Tuesday. The General Manager, Public Affairs of TCN, Mrs. Ndidi Mbah, said the collapse on Thursday was caused by a sudden rise in frequency. In …
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Ghana cocoa sector anticipates a significant production rebound in the 2024/25 crop season, spurred by favourable weather and enhanced farming practices, say farmers, officials from Ghana’s Cocoa Board (Cocobod), and local buyers. However, pressing issues like illegal mining, disease, and smuggling still pose substantial threats to this crucial industry. The country, the …
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EXXONMOBIL has announced a delay in the final investment decision (FID) for its Rovuma liquefied natural gas (LNG) project in northern Mozambique, now pushing the timeline to 2026. This revised target postpones the project’s go-ahead by approximately three months from the company’s previous projection of late 2025. Despite the delay, ExxonMobil reported …
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LEADING African business and technology experts gathered in Johannesburg for the SAP Now conference to strategise on leveraging artificial intelligence (AI) and technology to accelerate growth and foster innovation across the continent. The event, attended by over 300 leaders from Africa and Europe, underscored the role of advanced technologies in …
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IN a significant step towards stabilising its economy, Somalia announced that the United States has cancelled over $1.1bn of its outstanding debt, marking a quarter of the country’s remaining financial obligations. This agreement continues a series of debt-relief measures from Somalia’s creditors, aimed at supporting the nation’s post-conflict recovery. Most …
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WITH Donald Trump possibly bringing her father Elon Musk with him in his return to the White House, Musk’s transgender daughter, Vivian Jenna Wilson, has announced plans to leave the United States entirely. In a message posted Wednesday on Threads, Wilson said Trump’s sweeping victory “confirmed” that she is …
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NIGERIA’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has concluded a tour of West African countries, fostering bilateral relations and garnering support for Nigeria’s bid for a permanent seat on the United Nations Security Council. The move is part of Nigeria’s broader foreign policy objectives, which prioritize promotion and protection …
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