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Ethiopia becomes Africa’s latest sovereign default

Ethiopia became Africa’s third default in as many years on Tuesday after it failed to make a 33-million-dollar “coupon” payment on its only international government bond. Africa’s second-most populous country announced earlier this month that it intended to formally go into default, having been under severe financial strain in the …

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FG Moves NIMC, Border Commission, Others To OSGF

The federal government has moved the National Identity Management Commission (NIMC) and Galaxy Backbone Ltd (GBBL) to the Office of the Secretary to the Government of the Federation. The new changes were contained in a document by the Cabinet Affairs Office named “Mandate of Ministries, Departments and Agencies and Schedule …

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As Fubara Presses The Nuclear Button

If Nyesom Wike had read the character portrait of the Ijaw man as sketched by Dr. Percy Amoury Talbot, an early 20th century British historian and colonial administrator, he would most probably have thought twice before settling for Simnalay Fubara as his third term placeholder. Wike was a two-term governor of …

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Nasarawa To Establish Engineering Varsity – Governor Sule

Nasarawa State governor, Abdullahi Sule, has promised to establish a full-fledged university of engineering before the end of his tenure. The governor made the promise during the matriculation of pioneer students of the Nasarawa State University Keffi (NSUK)’s faculty of engineering in Gudi, his country home. He said the transformation …

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