Amidst the impact of the Coronavirus (COVID-19) pandemic and a major change in the financial market in Nigeria, companies are now funding their businesses from huge borrowings in the money market as debt capital, leaving the equity market largely redundant.

A former Algerian policeman who joined the country’s protest movement was sentenced on Thursday to two years in jail, a prisoners’ rights group said. Toufik Hassani was convicted of “threatening police agents” and “divulging professional secrets on Facebook”, according to the CNLD group. Hassani had decried police repression of a student march in the capital […]

  The Independent National Electoral Commission(INEC), has urged the National Assembly to add more powers on its role of deploying technology in the nation’s electoral process by approving its recommendations on electoral process. Mr Festus Okoye , INEC’s National Commissioner, Information and Voter Education, made the call at the News Agency of Nigeria (NAN), forum […]

The Kwara House of Assembly on Thursday passed a motion urging the state government to maintain drainage systems across the state to tackle flooding. The motion titled: “Need to Construct and Reconstruct Drainage Systems in the State” was moved by Mr Ojo Olawiwola, an All Progressives Congress member representing Oke-Ogun constituency. The bill, which got […]

By Owei Lakemfa PATRICE Lumumba, a postal worker, was 34 when he won election as Prime Minister to lead the Democratic Republic of Congo, DRC to its June 30, 1960 independence. He made a powerful speech at the independence celebrations denouncing the barbaric colonisation of the DRC which led to the massacre of 15 million […]