By Ayomide Otitoju The fourth prosecution witness in the alleged money laundering trial of former Kogi State Governor Yahaya Bello on Monday reaffirmed that fund withdrawals by the state government did not violate any banking regulations. During proceedings before Justice Emeka Nwite of the Federal High Court in Abuja, Mshelia Arhyel Bata, a compliance officer…
Hundreds gathered at St Joseph’s Church in Dar es Salaam on Monday to pray for those killed during post-election unrest in Tanzania, with Archbishop Jude Thaddaeus Ruwa’ichi saying the country had “lost its dignity.” President Samia Suluhu Hassan was declared the winner of the October 29 election with 98 percent of the vote. The poll,…
By Ayomide Otitoju The National Youth Service Corps (NYSC) has commenced the physical verification of credentials and travel documents for foreign-trained Nigerian graduates registered for the 2025 Batch ‘C’ Service Year. In a statement posted on X (formerly Twitter) on Sunday, the NYSC announced that the exercise would run from Monday, November 10, to Wednesday,…
The BBC has issued an apology after admitting that an edited version of a speech by former U.S. President Donald Trump gave the false impression that he made “a direct call for violent action” ahead of the January 6, 2021, Capitol riot. The broadcaster called the incident “an error of judgment.” The controversy has triggered…
Sylvia Bongo, the exiled wife of Gabon’s deposed president Ali Bongo Ondimba, went on trial for corruption on Monday, marking a new chapter in the aftermath of the 2023 coup that ended the Bongo family’s 55-year rule. The 62-year-old former first lady, who currently resides in London, is accused of manipulating her husband to embezzle…
By Ayomide Otitoju The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the African Export-Import Bank (Afreximbank), has announced a $75 million strategic investment in Spiro, a leading electric mobility company. The investment aligns with Afreximbank’s broader automotive strategy to build integrated manufacturing ecosystems and foster strategic partnerships across…
By Ayomide Otitoju Diageo, the global beverage giant behind Guinness and Smirnoff, has named Dave Lewis as its new Chief Executive Officer as the company seeks to recover from a slump partly attributed to tariffs imposed by former U.S. President Donald Trump. Lewis, currently chairman of consumer healthcare firm Haleon, will assume the role in…
By Ayomide Otitoju President Dr. Sidi Ould Tah of the African Development Bank (AfDB) and Luxembourg Finance Minister Gilles Roth have pledged to deepen cooperation as preparations advance for the seventeenth replenishment of the African Development Fund (ADF-17), the Bank Group’s concessional financing window. The commitment was made during the leaders’ first official bilateral meeting…
By Ayomide Otitoju René Awambeng, Founder and Managing Director of Premier Invest, will speak at the upcoming G20 African Energy Investment Forum in Johannesburg, where global investors, policymakers, and development institutions are set to explore strategies for mobilizing private capital and driving sustainable growth in emerging markets. Awambeng’s participation highlights a growing presence of Africa-based…
