Shareholders of Kenyan telecoms firm Safaricom are due to vote on whether to give Vodafone Kenya the right to nominate the company’s chief executive officer, ‌once Vodafone holds more than 50% of Safaricom’s shares. Vodacom which already owned 39.9% of Safaricom through Vodafone Kenya, agreed in December to buy Kenya’s 15% stake for about $1.6...
Category: News
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Tinubu Inaugurates Panel To Draft State Policing Legislation Framework
Nigerian President Bola Tinubu has inaugurated a presidential working group to draft a National Policing Bill that will provide the legal framework for implementing state police across the country. The move was after lawmakers approved a constitutional amendment creating a dual policing structure.Represented by Chief of Staff Femi Gbajabiamila, Tinubu said the proposed legislation would...
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Nigeria Says South Africa Xenophobic Violence Shows No Signs Of Easing
For weeks, South Africa has been the site of protests, some of them violent, against undocumented immigrants blamed for taking jobs and resources.
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Sudan Gold Mine Collapse Kills 15 Miners
Traditional mining is a major contributor to Sudan's gold production, but has long been plagued by accidents due to poor safety measures and deteriorating infrastructure.
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Nigerian Government Rejects Claims Of N8 Tn Off-Budget Spending
The Nigerian government on Sunday rejected claims that more than 8 trillion naira, equivalent to about two percent of gross domestic product, was spent outside approved budgets. The government said the allegations misrepresented observations contained in the International Monetary Fund’s 2026 Article IV consultation report.In a statement, Finance Minister Taiwo Oyedele said the federal government...
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‎Oyo Police Parades Suspected Cultists‎
The Oyo State Police Command has paraded suspected members of rival cult groups arrested during intelligence-led operations across the state.‎‎Police authorities say the operation led to the recovery of firearms and other dangerous weapons, while one of the suspects confessed to being a factional leader of a notorious confraternity.‎‎Speaking during the parade of the suspects...
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EU Automakers Want UK Included In ‘Made In Europe’ Rules
European automakers on Wednesday called for British vehicles and car parts to fall under the definition of “made in Europe” set out. This is part of the new rules aiming to bolster the bloc’s industries. Britain currently risks being shut out of the scope of plans unveiled by Brussels in March tying companies’ access to...
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Sony Ends Release Of PlayStation Games on Discs
Sony has revealed that it would stop releasing new video games for the PlayStation on disc in January 2028 following a shift in consumer preferences. The firm said the upcoming shift “has no impact on games that have already released, or will be releasing, prior to January 2028 in disc format.” “Following this date, new...
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Shettima Says F.G’s Reforms Boost Investment, Ease Business Nationwide
Nigerian Vice President Kashim Shettima on Wednesday said the administration of President Bola Ahmed Tinubu had taken difficult but necessary decisions to place Africa’s largest economy on a path of sustainable growth. Speaking at the opening of the 2026 Jigawa State Investment Summit in Dutse, the vice President said the federal government’s structural and fiscal...
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CBN Revokes Licences Of 46 Microfinance Banks Over Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks, citing persistent regulatory breaches and failure to meet the conditions required to continue operating as licensed financial institutions. In a statement issued on Wednesday, the apex bank said the revocation takes effect from July 1, 2026, and was approved by...