By DAVID IORJA, Abuja – Former UN Secretary-General, Ban Ki-Moon, has described the appointment of Prof Ibrahim Gambari as Chief of Staff to President Buhari as a great asset to Nigeria and Africa ”in a broader sense.” Garba Shehu, the Senior Special Assistant to the President (Media & Publicity),...
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Debtors Africa partners Proshare, launches searchable database on delinquent debtors, report on NPLs
Debtors Africa partners Proshare, launches searchable database on delinquent debtors, report on NPLs
Debtors Africa, an independent searchable database of recalcitrant and delinquent debtors in Africa, was launched into the market on Monday. In addition, a Debtors Report, a comprehensive analysis of the Debt/Non-Performing Loans Situation in the Nigerian Banking Industry, was also presented for information. The report which was done in...
EHIME ALEX, Lagos As part of its efforts in this time of global crisis, Mastercard said it has expanded its worldwide commitment to financial inclusion, pledging to bring a total of one billion people and 50 million micro and small businesses into the digital economy by 2025. Stating this...
An earthquake, with a preliminary magnitude of 5.3, struck Japan’s Gifu Prefecture on Tuesday, the weather agency here said. According to the Japan Meteorological Agency (JMA), the temblor, which occurred at 1.13 p.m. local time, was centred inland, with its epicentre at a latitude of 36.3 degrees north and...
EHIME ALEX, Lagos Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16 per cent from N3.16bn to N3.67bn. Its profit after tax...
U.S. President Donald Trump has threatened to permanently pull funding from the World Health Organisation (WHO) if it does not commit to “major substantive improvements” within 30 days, according to a letter to the WHO chief shared by Trump on Twitter. In a four-page letter to WHO director general Tedros...
Libya’s UN-backed government forces said on Tuesday that they have launched airstrikes against the rival eastern-based army near the city of Sirte, some 450 kilometres east of the capital Tripoli. “The air force, on Monday, launched four airstrikes in Arwagha road, south of Sirte, destroying two military vehicles, an...
Asian shares jumped on Tuesday and oil extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. MSCI’s broadest index of Asia Pacific shares outside of Japan rose 1.5 per cent to...
Around 183 million people in 47 countries, including North Korea, are facing the possibility of severe food insecurity as border closures and disruptions in global supply chains have restricted their access to farming products, a UN food agency said. The Food and Agriculture Organisation (FAO) also estimated in a...
Around 20,000 staff in hospitals, aged care, and nursing homes have contracted the novel coronavirus in Germany, accounting for around 11 per cent of total cases in the country, the Sueddeutsche Zeitung newspaper reported on Tuesday. At the height of the disease outbreak in mid-April, more than 230 doctors,...
European Union (EU) foreign policy chief Josep Borrell has congratulated Israel on the formation of a new government, but warned that the EU would not support the annexation of any occupied Palestinian territory. Israel’s new government was sworn in on Sunday, with Prime Minister Benjamin Netanyahu vowing that the...
The United Nations Children’s Fund (UNICEF) and the World Health Organisation (WHO) said that more than 250,000 children in war-torn Libya face the risk of developing vaccine-preventable diseases. “The lives and health of over a quarter of a million children, under one year of age, in Libya are at...
Nigeria has recorded 216 new cases of coronavirus, bringing the total number of confirmed infections in the country to 6,175. The Nigeria Centre for Disease Control (NCDC) made this known on Monday. The centre said that nine patients died of coronavirus-related complications in the country, bringing the total number of...
The National Youth Service Corps (NYSC) has commiserated with Nigerians and the family of its fourth Director-General, Maj.-Gen. Edet Akpan, who died on Friday in Uyo. Mrs Adenike Adeyemi, Director, Press and Public Relations of NYSC, expressed the condolences in a statement in Abuja, on Monday. Adeyemi said that...
Experts have predicted that COVID-19 may remain a crisis much longer than 2022, with “up to 70% of world’s population” becoming infected. Amid this mess, elections are billed to hold in Nigeria in 2023, in line with constitutional provisions. If, in the worst-case scenario, COVID-19 subsists beyond 2022, what then does the future hold for dear country? The more reason Nigeria’s politicians, as at today, should worry about how to...
EHIME ALEX, Lagos The family of one Margaret Adiya Ikumu, from Oju community in Oju local government area of Benue state, has narrated the bitter story surrounding the death and burial of their sister without their knowing. The awful story was contained in a release by Mr Tony Iji...
The Iranian parliament has approved a law that will permit the creation of a virtual embassy in Jerusalem as part of measures to counter Israel, domestic media reported on Monday. According to the state-run Mehr news agency, the parliament approved the motions, which are aimed at countering Israeli aggression...
Seoul Educational Authorities on Monday announced guidelines for school operations, as the country prepares to reopen schools with new coronavirus infections slowing down. In a phased reopening plan, high school seniors will return to school on Wednesday and younger students will follow gradually until June 8. Schools delayed the...