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Angola says to request $4.5-bn IMF loan as crisis lingers

Angola will ask the International Monetary Fund for a $4.5-billion (3.8-billion-euro) loan, highlighting the financial dire straits facing the major oil exporter even though global crude prices have recovered considerably.

Investors’ losses in the stock market hit N643bn

Capital market operators, under the aegis of Association of Stockbroking Houses of Nigeria (ASHON) have decried the volatility in the stock market which has led to loss of over N701 billion or 5.2 percent of investors’ investment for the eight month period ended August 29, 2018, blaming it on heated political environment.

Merkel to meet Jean-Claude Kassi Brou in Nigeria

German Chancellor Angela Merkel arrived in Senegal Wednesday, at the start of a West African tour, with Berlin hoping that development of the continent will help stem migration and boost the fight against jihadism.

US Church divided over claims that pope ignored sex abuse

The controversy over an alleged high-level cover-up of Church sex abuse in America has revealed a deep rift among US bishops that reflects both the damage done by the pedophilia scandals rocking the Vatican — and the country’s current political divisiveness.

Restructuring : PDP carpets APC, Presidency

The Peoples Democratic Party (PDP) has criticized comments credited to Vice President Yemi Osinbajo that what Nigerians need is good governance and not necessarily restructuring as being championed by prominent Nigerians.

8000 birds lost to flood in Benin

Flood occasioned by a four-hour downpour killed no fewer than 8000 birds at a poultry at Igiede Street, off Erediauwa Street, in the Ikpoba-Okha Local Government Area of Edo on Wednesday morning.

NNPC to start refueling services

The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a subsidiary to provide refueling services to ships and other ocean-going vessels.

2019: Ex Speaker, Ikuforiji refutes report tipping him to replace Ambode

Former Speaker of the Lagos State House of Assembly, Hon. Adeyemi Ikuforiji on Wednesday totally downplayed and rejected a report making the rounds that the leaders of the All Progressives Congress (APC) were planning to use him as the Governorship candidate in the 2019 elections in Lagos.

Nigerian Pilgrim dies in elevator pit

A pilgrim from Niger State died yesterday after he fell into the pit of an elevator said to be under repairs at the House 3, of the Niger State Pilgrims Hotel in Makkah, Saudi Arabia.

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