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MTN pays N30b fine to federal government

MTN has made a payment of N30 billion ($98 million) to the Nigerian government in part settlement of an N330 billion fine imposed on the telecoms group for not disconnecting unregistered SIM cards, an MTN source told Reuters on Thursday. Africa’s largest telecoms company has already paid 80 billion nairas of the total amount owed, the source said. The fine is...

Crisis: Assemblies of God church in Nigeria

The protracted crisis rocking the Assem­blies of God, Nigeria has taken a new twist with the embattled factional General Superintendent, Prof Paul Emeka, being ejected from office by sol­diers and policemen. Emeka raised the alarm of his forceful ejection on Thursday from the National Secretariat of the church, lo­cated at Ozubulu Street, In­dependence Layout, Enugu by thugs allegedly hired by...

Malawi to trade with Kenya and Tanzania

State produce trader Agricultural Development and Marketing Corporation (Admarc) is considering selling some of its maize stock to Kenya and Tanzania. Admarc board chairperson James Masumbu confirmed that the two East African countries reportedly inquired if they could sell maize to them as they face shortage of  grain. Masumbu said Admarc referred Kenya and Tanzania to capital hill for a discussion at...

Forex Trading Idea

31 MARCH, 2017 EUR/GBP 4HRS CHART EUR/GBP Experienced continuous sell of yesterday and price broke below a support line at 0.8606, which could signify further down side on this pair, our trading plan is to wait patiently for a strength back into resistance line or into moving average, if we can get that pullback and a sell continuation signal, we will go...

Ousted South Korean President Arrested

She was accused of bribery and leaking confidential information, also extorting business while in power. Judge raised concern that Park may destroy evidence, this led to her arrest.

NNPC cautions Nigerians against adulterated petroleum products

The Nigerian National Petroleum Corporation (NNPC) on Thursday in Abuja advised the public to be wary of adulterated petroleum products. The NNPC gave the advice in a statement by Mr Ndu Ughamadu, its Group General Manager, Group Public Affairs Division. According to Ughamadu, exercising caution by consumers could forestall explosion, knockdown of engines, equipment or any such other ugly incidents leading...

Uber vehicle: set ablaze in south Africa

Johannesburg - An Uber vehicle was reportedly set alight by metered taxi drivers on Thursday. The most recent action comes after the latter blocked highways in Ekurhuleni in protest over the app-based driver service.  

Fadma: to Open International Festival in morocco  

Fadma brings together a talented casting around the acclaimed actress Fadela Benmoussa, who shared the spotlight with the artist EKO in his first role on the screen. The film previously won the Achievement Award at the National Film Festival in Tangier. This film, produced by Abdelfattah Arrom, narrates the story of Fadma, a Moroccan woman who sacrificed her life in Marrakech...

king Mohammed VI of Morocco set to Renovate Velodrome Anfa Park

An initiative that will breathe new life into the historic site built in 1922 and now listed as a national heritage. Mobilizing investments of around MAD 15 million, the project of redevelopment and enhancement of the park of the velodrome of Anfa falls within an international initiative to safeguard and enhance the cultural, natural, tangible and intangible heritage of the...

Egypt food subsidies:  considering raising food subsidies

  ypt’s government is considering raising food subsidies provided to millions of people every month by 29% to help ease the impact of rising prices on poorer families, two sources at the finance ministry said yesterday. About 70mn of the country’s 92mn population are beneficiaries of a subsidy card programme that entitles them to 21 pounds ($1.16) worth of goods every month,...

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Nigeria: Update on Suspecte Monkeypox Outbreak

Following the notification of a suspected monkeypox outbreak on the 22nd of September, 2017 in Bayelsa State, other suspected cases have been reported from...

What I will do to EFCC when I become President – Gov. Fayose

Ekiti State Governor, Ayodele Fayose has revealed what he will do to the Economic and Financial Crimes Commission, EFCC, when he becomes Nigeria’s President....

Reps ask Buhari’s govt to increase workers’ salary

The House of Representatives has urged President Muhammadu Buhari to direct the Minister of Labour and Employment to commence the process of negotiating an...
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