Walmart Offers To Buy South African Retailer Massmart In $377 Milion Deal
U.S retail giant Walmart Inc has launched a 6.4 billion rand offer for the 47% of Massmart shares it does not already own, a deal Massmart says would support the overhaul of the loss-making South Afri...
31 Aug 20221min
African Nations Call Out Climate Injustice Ahead Of COP27
African countries called for an end to climate injustice saying the continent causes less than four per cent of global CO2 emissions but pays one of the highest prices for global warming. Government o...
31 Aug 202257s
Nigerian Court Prevents 53 Broadcast Stations From Shutting Down
The Federal High Court in Lagos has stopped President Muhammadu Buhari and the National Broadcasting Commission from revoking the licenses of 53 broadcast stations in the country and shutting down the...
31 Aug 202249s
Nigeria’s Petrol Subsidy To Remain Till Mid-2023
The Federal Government reiterated petrol subsidy will remain in place until mid-2023. Ahead of the 2023 budget presentation, The Minister of Finance, Zainab Ahmed says the government is proposing to s...
31 Aug 20221min
Nigeria's Academic Staff Extends Six-Month-Old Strike Indefinitely
The Academic Staff Union of Universities extended its six-month-old strike indefinitely until the Federal Government meets its demands. A member of the union says the union extended the industrial ac...
31 Aug 202253s
Nigerian Court Rejects Application To Extradite Abba Kyari To US
A Federal High Court in Abuja has thrown out a suit by the Federal Government to extradite the suspended Deputy Commissioner of Police, Abba Kyari, to the United States of America. Justice Inyang Ekwo...
31 Aug 202259s
Nigerian Government, Turkey To Design Electricity Trading Structure
The Federal Government says it had entered into a partnership with the Turkish energy firm, EXIST (Energy Exchange Istanbul), to design a functional trading structure for the Nigerian Electricity Supp...
31 Aug 202259s
Nigeria’s Foreign Missions Accused Of Spending Funds Illegally
The House of Representatives Committee on Public Accounts has commenced an investigation of extra-budgetary spending by Nigeria’s foreign missions and their refusal to remit Internally Generated Reven...
31 Aug 20221min
