Friday, 21 July 2017
  • A Federal High Court in Lagos yesterday ordered seven banks to remit to the Federal Government $793,200,000 (about N249,659,700,000.00) allegedly hidden with them in breach of the Treasury Single Account (TSA) policy.

    A vacation judge, Justice Chuka Obiozor, made the interim order following an e...


  • Statement By The President Of Ghana, Nana Addo Dankwa Akufo-Addo, At The 1st Media Encounter Statement By The President Of Ghana, Nana Addo Dankwa Akufo-Addo, At The 1st Media Encounter
    Let me welcome you all to the seat of the Presidency for this 1st media encounter since I came here. I must, at the outset, thank members of the media, particularly the presidential press corps, for the extent and depth of the coverage they have given to the activities of the Presidency these last six months. I cannot complain about the lack of exposure of my thoughts, statements or policies since I became President. And for that, I am grateful…
    Friday, 21 July 2017 12:16
  • National Accord Newspaper Editorial: Adamu and the Boards of Education Parastatals and Agencies National Accord Newspaper Editorial: Adamu and the Boards of Education Parastatals and Agencies
    On April 6th 2017, the Minister of Education, Malam Adamu Adamu announced the reconstitution of 23 Governing Boards of Nigerian Universities. A public statement issued by the minister proclaimed that the exercise was carried out on the authority of President Muhammadu Buhari. Similarly, the government in the same announcement also named the Chairmen and Board members for Boards of Education Parastatals and Agencies of the Federal Government. On May 9th, the Minister inaugurated the boards of 23 universities whose reconstitution…
    Friday, 21 July 2017 11:51
  • The Guardian Editorial: Auto plants may shut down amid poor sales The Guardian Editorial: Auto plants may shut down amid poor sales
    There is hardly any doubt that the subsisting economic recession in the country is taking its toll on all sectors of the economy. The arising pains, from time to time, become so heavy that even the most enduring lets out a cry of exasperation. The other day, operators in the automotive sector were reported to have cried out that low demand for their products might cause them to shut down their operations. What that means is that auto-manufacturers or assembly…
    Monday, 17 July 2017 23:50


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Recent News

  • Congo's mining revenue 'missing' - Global Witness Business and Economy Congo's mining revenue 'missing' - Global Witness
    More than 20% of the Democratic Republic of Congo's mining revenue is being lost due to corruption and mismanagement, a campaign group says. According to a Global Witness report, the money is being distributed through corrupt networks linked to President Joseph Kabila. At least $750m (£580m) has gone missing over the past three years, it says. The government has not commented but has previously denied allegations of corruption in its mining sector. DR Congo is Africa's biggest producer of copper and the world's largest supplier of cobalt used in batteries for electric cars. It is also rich in gold, diamonds and coltan, used in mobile phones, but its people remain among the poorest in the world following years of conflict and mismanagement. "Congo's mining revenues should be helping to lift its people out of poverty," says Pete Jones, a Global Witness senior campaigner. According to the report, much of DR Congo's mining revenue goes missing after being paid to the state-owned mining company, Gécamines. The head of Gécamines, a close ally of President Kabila, has denied allegations of corruption and insisted the company is transparent.
    Friday, 21 July 2017 13:06
    Read 43 times
  • Teens from Burundi robotics team go missing in US Business and Economy Teens from Burundi robotics team go missing in US
    Six teenagers from Burundi taking part in a robotics competition in the US have been reported missing, police say. Four boys and two girls - aged from 16 to 18 - disappeared during the First Global Challenge tournament in Washington DC. The DC Police Department says they were last seen on Tuesday - on the closing day of the competition. Reports say two of the teenagers have since crossed into Canada but this has not been confirmed by the police. On Thursday, the DC Police Department posted fliers of the missing group on its Twitter page, asking members of the public to get in touch if they had any information. The teenagers were identified as Don Ingabire, 16, Kevin Sabumukiza, 17, Nice Munezero, 17, Audrey Mwamikazi, 17, Richard Irakoze, 18, and Aristide Irambona, 18. Competition organisers say they alerted police after Burundi's team supervisor was unable to find the teenagers. In a statement, First Global Challenge spokesman Jose Escotto said "the proper reports have been submitted to the police who are investigating the case", according to the Washington Post. The three-day robotics competition saw teams from 150 nations compete against each other. The event aims to inspire young people to…
    Friday, 21 July 2017 02:42
    Read 11 times

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