Nigeria’s central bank is prepared to use any “tools at our disposal” to manage inflation, its head Olayemi Cardoso said on Tuesday. Annual inflation in Africa’s most populous country accelerated in September for the first time in three months, reaching 32.70% (NGCPIY=ECI), which opens a new tab, spurred by higher food and energy costs….
The Redeemed Christian Church of God, RCCG, has reportedly suspended two pastors – Ayo Bello and Oke Mayowa over alleged homosexuality. The Pastors, according to gistloverblog, were secretly suspended, adding that the church didn’t make their suspension public so as to cover up the church image. The report alleged that the church sent an emissary…
US announces visa restriction policy for Ghana The United States on Monday announced a visa restriction policy for individuals Washington deems responsible for undermining democracy in Ghana, ahead of the December presidential and parliamentary elections in the West African country. “This visa restriction policy would apply only to specific individuals who undermine democracy and is…
South African police have arrested three individuals accused of forging marriage documents to help foreign nationals obtain South African citizenship. The arrests were made on Monday following a raid on a building in Durban, where officers seized application forms, copies of IDs, and other evidence. Police say one of the suspects was caught trying to…
No fewer than 150 people have been injured in a fireworks accident during a temple festival in the southern Indian state of Kerala, India. According to the police officials on Tuesday, the accident took place late Monday night in Kasaragod district, about 555 km north of Thiruvananthapuram, the capital city of Kerala. The police said…
The operatives of the Nigeria Security and Civil Defence Corps (NSCDC), Nasarawa State command said it arrested illegal Chinese miners in Agwada, Kokona Local Government Area of Nasarawa State. Victor Jerry, the Public Relations Officer of the command who confirmed the development via a telephone interview with Daily Trust in Lafia, on Monday, said the…
Nigerian fintech Moniepoint has secured $110 million in a funding round led by Development Partners International, according to TechCabal. This new capital infusion nearly triples the company’s valuation, propelling it to $1 billion and positioning Moniepoint as Africa’s latest unicorn. Founded in 2015, Moniepoint has now joined the ranks of African fintech giants alongside companies…
The West African College of Physicians has urged doctors in West African countries not to migrate to other countries. The outgoing President of the College, Dr Rose Macauley, said this at the opening ceremony of its 48th Annual General Scientific Meeting in Abuja on Monday, urging them to stay and contribute their part to the…
The Federal Government has granted licenses for nine modular refineries via the Nigerian Midstream and Downstream Petroleum Regulatory Authority. This was disclosed by the Chief Executive of NMDPRA, Farouk Ahmed, during the 2024 Oil Trading & Logistics Africa Downstream Energy Week held in Lagos on Monday, according to The Punch. He said that the licenses…
The Nigerian Senate is set to commence screening today for the seven new ministerial nominees submitted for confirmation by President Bola Tinubu. The nominees, already cleared by the Department of State Services, crowded the office of the Special Adviser to the President on Senate Matters, Senator Basheer Lado, on Monday to submit their curriculum vitae…
