Migrants whose asylum claims are rejected by the United Kingdom will be given £3,000 ($3,800) to move to Rwanda. The UK has already has a plan in place which pays failed asylum seekers to return to their home countries. But the new measure targets those who cannot return to their countries of origin, local press…
Former Senate President, Dr Bukola Saraki, on Tuesday, urged religious leaders, including Muslim faithful to use the occasion of Ramadan to pray for Nigeria’s turnaround. He made the call when he hosted different groups of people for Iftar at his Ilorin residence and also distributed food items to Muslim faithful and others in Kwara State….
The Central Bank of Nigeria, on Wednesday, handed over N100bn worth of fertilisers to the Federal Ministry of Agriculture and Food Security to boost food production across the country. CBN Governor, Olayemi Cardoso, handed over the 2.15 million bags of fertilisers to the Minister of Agriculture and Food Security, Abubakar Kyari, at the headquarters of…
President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger. He also directed the lifting of other sanctions against the country with immediate effect. “President Tinubu has also approved the lifting of financial and economic sanctions against the Republic of Guinea,” read a statement signed by his…
Ecobank Transnational Incorporated has announced that it has obtained a $250m loan facility to boost its liquidity buffers. According to a statement signed by the Group Chief Financial Officer, Ayo Adepoju, which was filed with the Nigerian Exchange Limited on Monday, the bank said that the loan facility was a senior bridge-to-bond loan facility led…
The Nigerian National Petroleum Company Limited has appealed to the Economic and Financial Crimes Commission to help tackle the menace of crude oil theft in the country, stating that no one is ready to invest in the oil sector due to the menace. The Group Chief Executive Officer of the NNPCL, Mele Kyari, made the…
The Senate has suspended Senator Abdul Ningi for three months over his claim that the 2024 Budget was padded to the tune of N3.7 trillion. Ningi, a member of the Peoples Democratic Party, is the Chairman, Senate Committee on Population and he represents Bauchi Central. While the parties called for a probe into the allegation,…
The transition of power has left the country’s economy in turmoil, exacerbated by an embargo imposed by neighboring countries that lasted nearly eight months. The lifting of the embargo just weeks before Ramadan offered a glimmer of hope, but the reality on the ground remains dire. Basic necessities such as rice, sugar, oil, and milk,…
The move follows a gathering of Caribbean nations, UN representatives, and delegates from countries like France and the United States in Jamaica, aiming to find a solution to Haiti’s pressing issues. However, Henry found himself stranded in Puerto Rico, unable to return to Port-au-Prince, where he engaged with Caricom members remotely. Haiti’s political landscape has…
