Amosun’s govt failed to capture N50bn in Ogun state’s debt — Abiodun

By James Ogunnaike – Abeokuta Ogun state government has cleared the air on domestic debt owed by the state, saying the figures given to it by the immediate past administration led by Senator Ibikunle Amosun did not capture the entire liabilities it left behind. The government said not lesser than N50billion in financial liabilities were […]
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VOLPO commends Buhari over attention given to women empowerment

A non-governmental organisation, Voice for Less Privileged Organisation, VOLPO, Monday, commended President Muhammadu Buhari over attention given to women empowerment despite economic challenges. Speaking with Vanguard, the Founder, VOLPO, Dr Ego-Queen Ezuma, said the Buhari-led administration has been focal on women’s plight since inception, and has ensured women are carried along in its programmes and […]

Bonny Light price drops to $61.54

THE price of Nigeria’s Bonny Light, Monday, dropped to $61.54 per barrel over fears of Coronavirus pandemic resurgence in India, a major importer of the nation’s crude.

IMF, World Bank may extend suspension of debt service for Nigeria, others

NIgeria may be warming up for a debt repayment relief as there are strong indications that the World Bank Group and the International Monetary Fund (IMF) would recommend to the G20, an extension of the Debt Service Suspension Initiative (DSSI) by low-income countries until the end of 2021.

AfBA hails ECOWAS decision on detained Venezuelan envoy

By Victor Ajihromanus African Bar Association has expressed satisfaction with the judgment of the ECOWAS Community Court delivered on March 15, 2021, in which the Court ordered the immediate release of and payment of compensation to Mr. Alex Saab a Venezuelan Diplomat illegally detained by the Government of Cape Verde. In a statement after the […]

Huawei reaffirms commitment to creating greater value for customers, society in face of adversity

Huawei released its 2020 Annual Report today. Growth slowed, but the company’s business performance was largely in line with forecast. Huawei’s sales revenue in 2020 rounded off at CNY891.4 billion, up 3.8% year-on-year, and its net profit reached CNY64.6 billion, up 3.2% year-on-year. Despite operational difficulties brought about by US sanctions in 2019 and 2020, […]

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