Tag "Africa"

    Oxfam: World’s 22 wealthiest men richer than all women in Africa

Oxfam: World’s 22 wealthiest men richer than all women in Africa

The wealth of the 22 richest men in the world is greater than that of all African women combined, a new report by Oxfam International has shown.The report, titled: 'Time to Care' was released on Monday ahead of the World Economic Forum (WEF) holding in Davos, Switzerland.According to the United Nations, there are 325 million women aged 20 and above [...]

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    Damaged cables trigger internet disruption in Nigeria, 11 countries

Damaged cables trigger internet disruption in Nigeria, 11 countries

Internet service in  at least 12 African countries, including Nigeria, slowed down after undersea connection cables were damaged, according to Bloomberg.The WACS and SAT3/WASC cable systems which connect many African countries to Europe are wired through the Atlantic Ocean.The disruption started on Wednesday night with a huge impact on mostly West African countries.NetBlocks, a non-profit organisation that tracks internet shutdowns, [...]

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    Is China really taking over Africa without firing a shot?

Is China really taking over Africa without firing a shot?

The current debate over the Buhari government’s request to borrow additional $30bn (a substantial portion of which is likely to come from China), has revived debates not just about debt overhang in the country but also about whether China is using debt as a deliberate strategy to take over several countries in Africa. In 2018 John Bolton former US national [...]

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    Jega: EFCC needs to show there are no ‘untouchables’ in fight against corruption

Jega: EFCC needs to show there are no ‘untouchables’ in fight against corruption

Attahiru Jega, ex-chairman of the Independent National Electoral Commission (INEC), says the Economic and Financial Crimes Commission (EFCC) needs to show that there are no ''sacred cows'' in the fight against corruption.Jega said this on Monday while reviewing a book launched by the EFCC in Abuja.The launch of the book entitled, 'curbing electoral spending' was to mark the 2019 international anti-corruption [...]

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    Jonathan: African politicians now staging civilian coups

Jonathan: African politicians now staging civilian coups

Former President Goodluck Jonathan has pleaded with politicians to stop killing people for the sake of power.Speaking after he was honoured with an honorary degree of doctor of science at the 17th convocation of Igbinedion University, Okada, Edo state, on Saturday, the ex-president lamented the desperation among politicians.He said African politicians are systematically replacing military coups with civilian coups going by [...]

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    Jack Dorsey, Twitter CEO, says he’ll be relocating to Africa in 2020

Jack Dorsey, Twitter CEO, says he’ll be relocating to Africa in 2020

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    Open Society to support repatriation of ‘looted’ African artifacts with $15m

Open Society to support repatriation of ‘looted’ African artifacts with $15m

The Open Society Foundation (OSF) has announced a $15 million initiative to support the repatriation of artifacts looted from Africa.In a statement on Monday, the organisation said the initiative will support networks and organisations for the next four years to return the cultural objects to their countries.According to the organisation, Africans have advocated for decades for the return of their [...]

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    Putin: Russia played a significant role in the liberation of Africa

Putin: Russia played a significant role in the liberation of Africa

President Vladimir Putin of Russia has expressed his country’s readiness to strengthen military, technical and humanitarian cooperation with African countries.Putin made this known in an interview with TASS, Russia’s leading news agency, ahead of the Russia-Africa Summit and Economic Forum scheduled to hold from October 23 to October 24, in the summer beach resort of Sochi.The summit is meant to [...]

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    Buhari to meet Putin in Russia

Buhari to meet Putin in Russia

President Muhammadu Buhari will meet with Valdimir Putin, his Russian counterpart, within the week.Garba Shehu, presidential spokesman, disclosed this in a statement on Sunday.Shehu said the Nigerian leader will leave Abuja on Monday to attend a three-day Russia-Africa summit in Sochi, Russia."The event, which will be held between October 23rd to 25th, will focus on exploring and expanding opportunities in [...]

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    Living together peacefully and unleashing the potentials of Africa

Living together peacefully and unleashing the potentials of Africa

Africa’s population – a continent that is home to 54 countries – is about 1.3 billion people and Black Africans constitute about 80% of the population. Frequently described as the world’s poorest continent, financial institutions such as the International Monetary Fund (IMF) and the World Bank are keen to see Africa rise and unleash its potentials in the age of [...]

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    TRIBUTE: Akintola Williams, who became Africa’s first chartered accountant at 30, clocks 100

TRIBUTE: Akintola Williams, who became Africa’s first chartered accountant at 30, clocks 100

Not many live to see a century. In a clime where the mortality rate is one of the highest in the world, attaining such unusual pedestal comes with a collage of memories. For Akintola Williams, Africa's first chartered accountant, it's been a journey of landmarks. At 100 years of age, Williams has distinguished himself in many areas as a man worthy of [...]

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    Osinbajo: Many young Africans have refused to wallow in pity

Osinbajo: Many young Africans have refused to wallow in pity

Vice-President Yemi Osinbajo says those who talk about the “good old days” are suffering from memory loss. Osinbajo said this in his remarks at the founder’s presidential dialogue of the Tony Elumelu Foundation (TEF) forum in Abuja on Saturday. Encouraging entrepreneurs who had gathered from across Africa for the event, Osinbajo said there have been stories about the continent which do not [...]

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    UK visa system ‘discriminating against Africans’

UK visa system ‘discriminating against Africans’

The All-Party Parliamentary Groups (APPG) for Africa says the UK visit visa system is widely inaccessible to many Africans and widely perceived as discriminating. In a statement released on Tuesday, APPG said a study it conducted showed that African applicants are more than twice as likely to be refused a UK visa than applicants from any other part of the world.“After six [...]

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    Why it’s hard to stop Ebola spreading — between people and across borders

Why it’s hard to stop Ebola spreading — between people and across borders

BY Janusz Paweska Ebola has claimed around 1400 lives in the Democratic Republic of Congo while there are reports that two people have lost their lives in western Uganda. The Conversation Africa’s Ozayr Patel asked Janusz Paweska about how the disease has spread and what can be done.How is Ebola spread between human beings?The source of primary human infection with Ebola [...]

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    Extreme heatwave to hit one-third of African urban population, experts warn

Extreme heatwave to hit one-third of African urban population, experts warn

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    Ivanka Trump: A trip to Africa will inspire my dad

Ivanka Trump: A trip to Africa will inspire my dad

Ivanka Trump, daughter of Donald Trump, president of the United States, says a trip to Africa would inspire her dad because she has been “deeply inspired.”Ivanka, who works as Trump’s senior adviser, said this on the last day of her four-day trip to Ethiopia and Ivory Coast.In an interview with Associated Press, she said the White House should be judged [...]

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Exchange Rates

January 20, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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