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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 …

The Catholic Bishop of Sokoto Diocese,  Mathew  Kukah, has charged President Bola Tinubu to find a way to put a permanent end to the killings of Nigerians by whatever means or name. Kukah, in his Christmas message with the theme, “Time to Reclaim Nigeria’s Greatness,”  and made available to our …

The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on them. The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe told Reuters …

UK Home Secretary, James Cleverly, has unveiled a set of new rules aimed at curbing migration, BBC reports. The UK is set to raise the minimum salary requirement for obtaining a skilled worker visa. Currently set at £26,000, the new threshold will be increased to £38,700. Cleverly told parliament on …

Executive Director, Business Development, NEXIM, Stella Okotete The Nigeria Export-Import Bank has disclosed that investors in Nigeria earn about 30 per cent return on their investments. The Executive Director of Business Development, NEXIM, Stella Okotete, disclosed this while playing host to the Mexican Ambassador to Nigeria, Alfredo Miranda, who led …

A former Minister of Works and Housing, Babatunde Fashola, has given reasons why the rent-to-own scheme must be further improved upon by the government and stakeholders as part of efforts to reduce the number of homeless persons in the country. He gave the recommendation on Thursday while delivering his keynote …

As global climate crises loom, the Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged developing countries to put in place effective mechanisms in their domestic laws that allow them to use the ‘TRIPS’ flexibilities. TRIPS flexibility refers to space allowed in the WTO’s Trade-related aspects …

As global climate crises loom, the Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged developing countries to put in place effective mechanisms in their domestic laws that allow them to use the ‘TRIPS’ flexibilities. TRIPS flexibility refers to space allowed in the WTO’s Trade-related aspects …

The Corporate Affairs Commission (CAC) has secured the prestigious ISO 9001:2015 recertification for another three-year period expiring on July 29, 2026. The milestone achievement Followed the re-certification audit of the Commission’s Quality Management System (QMS) by the Standards Organisation of Nigeria (SON) in July 2023. Uzoma Oji, Deputy Director, Budget, …

Google has issued a three-week warning to the users of G-mail accounts about a clean-up exercise that could see their e-mails, documents, photos and videos permanently deleted. Google while issuing the warning to users said in a statement that it will delete millions of Gmail accounts in December. The company …