UN Rescues 131 Refugees from Libya

By Adedapo Adesanya Former prime minister of the United Kingdom, Mr David Cameron, has returned to government as Foreign Secretary amid a fresh cabinet shake-up by Prime Minister, Mr Rishi Sunak, on Monday. Downing Street announced on Monday that Mr Cameron would join the government, accepting a peerage in order to do so, as part of a wider reshuffle in which Ms Suella Braverman was sacked as Home Secretary and replaced by the Foreign Secretary, Mr James Cleverly. Business Post also confirmed that Mr Jeremy Hunt would remain as chancellor. Mr Cameron stood down in 2016 after losing the Brexit

By Kestér Kenn Klomegâh Russian President, Mr Vladimir Putin, has held talks with the Equatorial Guinean President, Mr Teodoro Obiang Nguema Mbasogo, who was in Moscow on an official working visit. The visit could be characterized as historic and interpreted as one major step to broadly review the political situation in the Central African region, and specifically assess the prospects for deepening bilateral cooperation between Russia and Equatorial Guinea. As the current rotating Chairman of the Economic Community of Central African States (ECCAS), the regional economic bloc uniting Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea,

By Adedapo Adesanya The SBM Intelligence African Country Instability Risk Report Index (ACIRI) has ranked Nigeria as a stable African country based on select macro indicators benchmarks. The report which was published on Monday assesses the political, economic and social factors contributing to Sub-Saharan Africa’s political instability. It provides a framework for assessing the risk of coups d’état using factors such as ethnic tension, the country’s history of coups, dominant ethnic groups, economic concentration, ageing leaders and monoproduct, bi-product or multi-product economies. The 47 Sub-Saharan sub-region of Africa’s 55 countries were ranked on four benchmarks – leadership and governance, geopolitics,

By Adedapo Adesanya A cross-border fintech company, Grey, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design as part of moves to expand its footprint in the global market. The company’s transformation was unveiled on its social media platforms on Monday, November 27, 2023, and follows closely on the heels of Grey celebrating a milestone achievement of surpassing 500,000 users. Grey, which was founded in mid-2020 by Mr Idorenyin Obong and Mr Femi Aghedo, aims to leverage this fresh identity to reach a broader audience and solidify its international presence. The updated brand

By Ahmed Rahma In line with the federal government’s COVID-19 directives, the Pension Transitional Arrangement Directorate (PTAD) has postponed the resumption of the walk-in verification for pensioners. Spokesman of PTAD, Mr Olugbenga Ajayi, disclosed this in a statement issued last Friday. Recall that on December 10, 2020, the agency had announced the suspension of its walk-in verification for pensioners and scheduled the resumption for January 19, 2021. However, there have been fears of a second wave of coronavirus transmission, with Nigeria experiencing an upsurge in COVID-19 cases, causing many to panic and fear of a second lockdown, though the government

By Dipo Olowookere The suspension earlier placed on Presco Plc, which prohibited the trading of its shares by investors, has been lifted, Business Post has confirmed. In a disclosure obtained by this newspaper, it was gathered that the embargo was removed from the company on Thursday, August 3, 2023. Presco was one of the companies banned from trading their shares on the Nigerian Exchange (NGX) Limited last month for failing to file their financial statements. In a circular signed by the Head of Listings Regulation Department at the NGX, Mr Godstime Iwenekhai, it was disclosed that the organisation has done

By Adedapo Adesanya The world’s most trusted and accurate Caller ID and telephone search engine, Truecaller, is rolling out a new feature called Smart SMS to further augment the user experience. It has been introduced based on user feedback and is designed to cater to the evolving needs of our consumers and the new feature offers a host of new services to make day-to-day communication a lot more convenient. It is powered by state-of-the-art machine learning models that adapt based on the feedback given to it and supports users with important messages from banks, billers, travel companies, delivery companies and

By Adedapo Adesanya  The trade volume between Nigeria and India increased to $13.9 billion (approximately $14 billion) in 2018-2019. This was disclosed by the High Commissioner of India to Nigeria, Mr Abhay Thakur. Mr Thakur made this disclosure at the 70th anniversary of India’s Republic and 60th year of formal diplomatic relations between India and Nigeria on Friday in Abuja. He noted that India and Nigeria had long-standing relations based on mutual respects that predate the independence of the two countries. According to him, 2019 witnessed several milestones in the cooperation between the two countries. ”We held the first-ever bilateral

By Dipo Olowookere Chairman of the National Film and Video Censors Board (NFVCB), Mr Tunde Kelani, has charged Nigerians to support the creative industry by rejecting to purchase pirated copies of creative works. The renowned cinematographer made this known at the mid-year edition of Yoruba Lakotun, a quarterly cultural renaissance show held at the Ethnic Heritage Centre in Ikoyi, Lagos on Sunday, June 3, 2018. The Mainframe Productions boss, who was at the event as a special guest, disclosed that the fight against piracy in the country should be a collaborative effort of all stakeholders. In his conversation with host

By Dipo Olowookere Activities of some cross-border smugglers, marketers and ongoing road construction have been attributed to the lingering scarcity of premium motor spirit (PMS), otherwise known as petrol, in Nigeria. For almost a year, Nigerians have witnessed queues at petrol stations across the country, with different reasons given for the shortage of the product at various periods. Since late 2022, there have been long queues, which have defied different solutions and directives of President Muhammadu Buhari, who doubles as the Minister of Petroleum. Giving an update on the situation on Friday, the federal government, through the Nigerian Midstream and

By Adedapo Adesanya The Nigerian entrepreneur, Mr Obinwanne Okeke, who was recently arrested in the United States of America for an alleged $11 million fraud, could spend up to 30 years in jail if found guilty of the charges levelled against him. Mr Okeke, popularly known as Invictus Obi, was charged with two counts of computer fraud and wire fraud, which carry a maximum 10 and 20 years respectively under American law. He appeared before Michael Nachmanoff, a magistrate with the District Court of Eastern District of Virginia, on August 7 to answer charges of wire fraud. The charges were

By Modupe Gbadeyanka Ahead of the annual Islamic fast known as Ramadan starting in the coming days, a group known as the Zenith Pathfinders has organised a free medical screening for a community in Ogun State. The group also shared free healthcare packages to residents of the Adiyan Muslim Community in Agbodo Oja, Ogun State, to enable them to be medically for the annual Islamic ritual. According to a statement, the event was held on Sunday at 296 Orodu Road at Ilese Bus Stop, Adiyan in Agbado Oja, and more than 200 persons benefited from this. The screening involved blood