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Lagos, South Africa and New York
Friday, June 5, 2020

Nigeria’s Economic Growth To Slow Down in 2015, Says Ngozi Okonjo-Iweala

Abuja, NIGERIA--Growth for Africa's largest economy and biggest oil exporter could slow by about a percentage point next year, Nigeria's finance minister said, as the country adjusts to falling crude prices. Africa's most populous nation is cutting spending on government travel and equipment, and raising...

Boko Haram Fighters Die As Troops Rescue 20 Women, Children From Sambisa

Despite continuous encounter with large number of land mines which still litter the Sambisa forest, troops have forged ahead with the ongoing offensive operations as scores of the terrorists died in the assault on their bases on Friday.  Several of their weapons and equipment...

African finance ministers seek increased support to Ebola-stricken countries

Ministers of finance from four African countries have called on the international community, including the World Bank and International Monetary Fund (IMF), to speed up its response to West Africa’s Ebola crisis.They further urged the international community to support Sub Saharan Africa’s need for...

Nigeria’s armed forces and security agencies working Hard To Improve Security In Northeast Ahead of 2015 Elections

President Goodluck Jonathan said Monday in Abuja that Nigeria’s armed forces and security agencies will sustain and intensify ongoing operations against insurgents in the country’s north-eastern states to achieve significantly improved security there ahead of the 2015 general elections. The pledge was made in Abuja on Monday...

Oshodi/Apapa expressway reconstruction 57 per cent completed, says Works Controller

The Federal Controller of Works in Lagos State, Mr Godwin Eke, on Thursday said ongoing reconstruction of Section Two of the Oshodi-Apapa expressway was about 57 per cent completed. Eke told the News Agency of Nigeria (NAN) in Lagos that the construction of a major...

South Africa's govt bows to pressure, cuts Johannesburg road tolls

CAPE TOWN (Reuters) - South Africa's government said on Wednesday it would cut road toll charges on highways in the economic hub of Johannesburg by 50 percent after more than a year of public pressure. The widely unpopular electronic levies, known as e-tolls, fuelled...

Agbaje calls for Independent monitoring body to look into LG finances, expenditure

Mr Fred Agbaje, a Lagos-based Constitutional and Human Rights lawyer, on Friday called for an independent monitoring body to check the finances and expenditure of the Local Governments in the country. . ``There should be an independent monitoring body to monitor the finance and expenditure...

Netanyahu shelves plan to separate Palestinians, Israelis on same buses

Israeli Prime Minister, Benjamin Netanyahu, on Wednesday ordered the suspension of a plan to separate Palestinian and Israeli passengers on buses travelling through the West Bank, few hours after the plan was put into effect. Netanyahu ordered that the plan should be shelved after Palestinians...

Police arraign timber operator charged with malicious damage, breach of peace

The police on Tuesday arraigned a timber operator, Omopariola Oluwatuyi,  45, in an Akure Magistrates' Court charged with malicious damage of property, breach of peace and forceful entry. The prosecutor, Insp. Sunday Fatola, told the court that the accused committed the offences on Jan. 20...

Senate Approves Pres. Jonathan’s $1 Billion Loan Request to Fight Insurgency

The Senate on Thursday approved President Goodluck Jonathan’s request of $1bn external loan to fight the ongoing insurgency in the country. The decision was taken following the submission of the report of the Senate Joint Committee on Finance and that of Local and Foreign Debt...