Australia Catholic Church pays $212m to children sexually abused by Priests
Australia’s Catholic Church paid 276 million Australian dollars (212 million dollars) in compensation to thousands of people who were victims of sexual abuse as children by priests and religious brothers,…
Arik Air crippled by N352.5 billion debt, says AMCON
Arik Air was taken over by Assets Management Company of Nigeria AMCON because the airline was owing it N146 billion, out of a total N352.5 billion owed global creditors, AMCON’s…
Africa capital market suffers slump in 2016: PwC report
The year 2016 was challenging for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections…
Kidnapped ex-DSS Director, Ejiofor, recounts ordeal, says I survived on cashew nuts for four days
Following the spate of kidnapping in the country, the former Director, Department of State Services (DSS), Mr.Mike Ejiofor, who was kidnapped and released recently by Fulani gunmen has called for…
FG, Labour reach deal on new minimum wage
The President, Nigeria Labour Congress (NLC), Mr Ayuba Wabba, says the Federal Government and the organised Labour movement in the country have reached a consensus to review the National Minimum…
Saraki visits Buhari in London
President of the Senate, Dr. Bukola Saraki, on Wednesday travelled to London to visit President Muhammadu Buhari, who is on medical vacation. Special Adviser on Media to Saraki, Mr Yusuph…
Dangote Rice Farm to produce 50,000 outgrowers this year
A tripartite agreement spearheaded by the Dangote Rice Limited to create jobs for 16,000 outgrower rice farmers in Sokoto was Tuesday signed amid excitement and a pledge by all parties…
US hosts Enelamah, pledges more trade deals with Nigeria
The U.S. Chamber of Commerce’s U.S.-Africa Business Center Tuesday hosted the Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu Enelamah for a roundtable discussion with U.S. business executives at…
Nigerian asylum seeker nabbed in Switzerland for alleged murder
A 27-year-old Nigerian asylum seeker has been arrested by Swiss police in connection with the murder of a volunteer at the centre run by Catholic relief charity Caritas. He was…
US government to invest $1bn in Nigeria’s power sector
Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars on the power sector in Nigeria,…
