UN Chief Condemns Killing of 19 by Boko Haram in Lake Chad

By Kestér Kenn Klomegâh Russian language study is hitting magnificent roadblocks in Africa. For several years after the Soviet collapse, Moscow has been stepping up efforts to strengthen Russian language study and its culture across Africa. But there have been few tangible results largely due to low motivation towards the language, its usefulness is blurry compared to other foreign languages including French, English language and now Chinese. In the previous years, there has been an increasing concern about Russia’s extremely low presence in Africa. Russia’s initial interest was to become part of Europe and construct business ties from Lisbon to

By Adedapo Adesanya The global prices of food remained flat, unchanged from its revised October level, as increases in the price indices for vegetable oils, dairy products, and sugar counterbalanced decreases in those of cereals and meat. This is according to the latest Food and Agricultural Organisation (FAO) Food Price Index (FFPI) released on Friday. The index showed that food prices averaged 120.4 points in November 2023 and stood 14.4 points (10.7 per cent) below the corresponding level one year ago. The FAO Cereal Price Index averaged 121.0 points in November, down 3.7 points (3.0 per cent) from October and

By Kestér Kenn Klomegâh The African continent is one of the fastest-growing energy markets in the world. This is due to the growing economic and demographic potential of African countries, as well as the efforts of many of them to combat climate change. Despite having passed through a long period of tumultuous post-colonial era, Africa’s efforts to ensure effective energy cooperation with leading global powers has not been an easy journey down the years. Until today, more than half of the estimated 1.4 billion still have no access to electric power for domestic utilization while industries continue suffering from frequent

By Adedapo Adesanya The Nobel Committee has awarded the 2023 Nobel Peace Prize to jailed Iranian activist, Ms Narges Mohammadi, for her fight against the oppression of women in Iran and her fight to promote human rights and freedom for all. In a statement announced on Friday, Ms Mohammadi was recognised for her brave struggle which has seen her arrested 13 times, convicted five times, and sentenced to a total of 31 years in prison and 154 lashes. As of the moment of her recognition for the prize, Ms Mohammadi is still in prison after her role in the largest

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Tuesday, January 25 despite recording a price loser at the close of transactions. The depreciating stock was Niger Delta Exploration and Production (NDEP) Plc, which recorded a 0.04 per cent or 10 kobo loss to close the session at N234.90 per share as against N235.00 per share it ended a day earlier. As earlier stated, despite this, the major performance indicators of the unlisted securities market remained unchanged when trading activities were wrapped up for the day. Consequently, the market capitalisation of the NASD Exchange retained the previous

By Okechukwu Keshi Ukegbu Franklin D. Roosevelt aptly captures the collective responsibility of citizens in governance thus: “Let us never forget that government is ourselves and not an alien power over us. The ultimate rulers of our democracy are not a President and senators and congressmen and government officials, but the voters of this country”. After the May 29, the euphoria that greeted Gov. Okezie Ikpeazu’s second term victory will subside as the drummers will withdraw their drums, and the dancers will recede for work, which is the major essence of governance to assume the centre stage. The expectations in

By Dipo Olowookere The management of the Nigerian Stock Exchange (NSE) has denied reports that its website was hacked by a group known as anonymous. On Monday, there were social media reports that the admin page of the nation’s bourse was under the control of the hackers, which has attacked several public and private websites of organisations. But in a statement signed by the management of the NSE, it said its online platform was never hacked as speculated. “We have noted claims from unknown/anonymous groups that they have illegally accessed the website of the NSE. “Please be aware that such

By Jerome-Mario Chijioke Utomi The recent news report that the Delta State Oil Producing Area Development Commission (DESPADEC) donated 50 grass-cutting machines to the Okerenkoko community in the Gbaramatu Kingdom, Warri South Local Government of Delta State, has again shown an agency that is yet to take control of or improve the quality of its administrative energies regardless of external pressure they face. More than anything else, the donation, as subsequent paragraphs will explain, brought to the fore DESOPADEC’s reluctance to appreciate development plans and reform programmes from a need-based perspective. DESOPADEC is an agency created by the enabling Act

Many people would like to get rich with sports betting. If that’s the case also for you, you may be looking for the best opportunities when it comes to bonuses that betting sites offer to their players. Today, we will talk about one of the best choices: the popular 22Bet betting site, and its bonuses. 22Bet, One of the Best Sites for Sports Betting 22Bet is one of the best betting sites all over the world because this site has a huge selection in sports betting and offers a huge welcome bonus for new players. Plus, the platform accepts players

By Adedapo Adesanya One of Nigeria’s top financial institutions, Guaranty Trust Bank (GTBank) Plc, has announced that it will be paying a final dividend of N2.50k per ordinary share of 50 kobo to its shareholders for the period ended December 31, 2019. With this payment, total dividend paid by GTBank for the year ended 2019 would be N2.80k, when the interim dividend of 30 kobo paid earlier in the financial year is considered. According to a statement issued by the bank, the dividends will be paid electronically to the bank accounts of qualified shareholders on March 30, as long as

By Dipo Olowookere Governor Akinwunmi Ambode of Lagos State has asked local council bosses in the state to submit to him more 288 roads in their localities for construction. This is coming barely 48 hours after Mr Ambode commissioned 114 newly constructed roads across the state. The Governor on Tuesday warned residents to resist the temptation to convert any of the newly constructed roads to venue for commercial purposes or parking lot for abandoned vehicles. Speaking through his representatives at the various locations, Mr Ambode said that conversion of the roads to other uses other than for motorists would reduce

The $4,600 reportedly paid by captain of Team Nigeria at the ongoing Rio Olympics, John Mikel Obi, in Sao Paulo on their way to Salvador has been refunded. Business Post learnt that the refund was made by the Federal Ministry of Youth and Sports, through the Minister, Solomon Dalung. Mr Dalung, who was represented by the Permanent Secretary in the Ministry, Mr Chinyeaka Ohaa, assured the players and officials of the team that they will be given all that is due to them. The Minister said he appreciates the spirit of the team despite the challenges they have faced even