“It should thus be avoided immediately before it gains ground within the corridors of power. It is a kite the congress and the generality of workers will not want to see fly in this circumstance. […]
The naira, yesterday, suffered its biggest daily depreciation against the dollar as it exchanged for N345 to a dollar in the parallel market. This represents N20 depreciation when compared with the closing exchange rate of N325 […]
President Muhammadu Buhari has approved the appointment of Tijjani Abdullahi as the new Director-General in charge of the Budget Office of the Federation. The President also approved the appointment of Ben Akabueze as the Special […]
A yellow fever outbreak in Angola has killed 51 people, in the first epidemic of the disease to hit the country in 30 years, official statistics showed on Monday. A total of 241 people were […]
Only on the streets of cities like Cairo, Abuja or Tashkent can you gauge just how much pressure developing countries are under to ease controls on their currencies. Individuals and businesses in five nations across […]
As an orphan, Adhiambo shuttled between the homes of relatives in one of Nairobi’s poorest neighbourhoods during school holidays. One of those trips, in December 2007, ended in violence. She was gang-raped by about 10 […]
European Union foreign ministers said on Monday they were prepared to strengthen economic sanctions on Burundi following the failure of talks to end a political crisis in the Central African country in which more than […]
Zimbabwe aviation authorities have impounded a US-registered cargo jet after a dead body believed to be a stowaway and millions of South African rand were found on board. The Herald, a state-run newspaper, reported that […]
Oil prices were steady on Monday, holding on to last week’s gains on speculation that OPEC might agree to cut production to reduce a supply glut that has pushed prices to the lowest in over […]
Opposition leader and presidential candidate Kizza Besigye has been released after being briefly arrested by Ugandan police for leading a procession of supporters in the capital, Kampala. The arrest of the leader of the Forum […]
The steel research tower rising over Uganda’s Zika forest is almost 40 metres high, has seven rickety wooden platforms and may be the most perilous place on earth. Slap on the equator, close to […]
At least 21 people have been killed and dozens others injured in air strikes and rocket attacks on a school and three hospitals in separate locations in northern Syria, Al Jazeera has learned. In […]
The event concerning the Nigeria 2016 budget and its discrepancies has crowded the internet space in the past few weeks. Nigerians both locally and in diaspora have been throwing in questions especially aiming at this […]
I listened to the age-less and gorgeous Senator on – The Discourse – on Classic fm yesterday (Sunday). It was an eye-opener for me. That woman is sound. That was my first encounter with her […]
EVERY administration enjoys its share of honeymoon after assuming power. The allure of newness and expectations are high during this period, and the people are willing to overlook and excuse little blunders here and there. […]
‘’There is nowhere in the world where Monetary Authorities fund Bureaus De Change (BDCs) directly with foreign exchange. The predominant patrons of Nigeria’s BDCs are predominantly, smugglers of unauthorised items, treasury looters, and others who […]
Just how did we get here? How did we get to a situation where our annual budget proposal would be a mere compilation of figures totally out of sync with society’s needs, circumstance and needs? […]
These, certainly, are not the best of times for the grex venalium (the venal crowd) popularly known by ordinary Nigerians as treasury looters. The ongoing battle by President Muhammadu Buhari against this corrupt cabal who […]
Governor Akinwunmi Ambode inaugurated a committee to showcase Nigeria’s iconic city and state at 50 last week. To chair it is our own Wole Soyinka, whose trajectory has been tied to this city. Lagos deserves […]
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