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Congo Launches Vaccination Campaign Amidst Vaccine Distrust
The Democratic Republic of Congo has launched an elaborate vaccination campaign aimed at dispelling doubts and suspicions about the AstraZeneca vaccine. Health Minister Eteni Longondo, who was among the first to receive an injection at the University of Kinshasa’s Faculty of Medicine said the vaccine posed no medical or spiritual dangers to people who take…
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Hackers Divert 10 Million Naira From JAMB Website
The intranet site of The Joint Admission and Matriculation Board in Nigeria has been hacked by over a dozen fraudsters who altered profiles of the board’s ad hoc staff, diverting over N10 million meant for their allowances. JAMB Registrar, Prof Ishaq Oloyede, while parading the suspects, Sahabi Zubairu from Taraba State and several others on…
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CBN Moves To Ban The Importation Of Sugar, Wheat
Nigeria’s apex bank has announced a ban on the importation of sugar and wheat to the nation’s foreign exchange markets is in works. The prices of sugar and wheat are now expected to blow up with the latest restriction, announced a day after the National Bureau of Statistics (NBS) revealed that food inflation rose to…
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Consequences Of The Suspended Partnership Between Ripple and MoneyGram
Ripple and MoneyGram have terminated their partnership over what many believe is MoneyGram’s move to disassociate the company from Ripple’s legal problems with the Securities and Exchange Commission. The US regulatory body, Securities and Exchange Commission,(SEC) recently accused Blockchain payment firm Ripple of selling unregistered tokens to people, which violated some federal laws, leading to an…
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Ripple Signs New Partnership Deal With Saudi Arabia
Ripple has announced their partnership with The Saudi Arabian Monetary Authority (SAMA) to help banks in the nation improve their payments infrastructure. The newly formed partnership will allow several banks from the Middle Eastern nation to use Ripple’s xCurrent technology to improve domestic and international transactions. Following the Bank of England, SAMA is the second central…
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Egypt Demands $900M To Release Ship Blamed For Suez Blockage
Egypt is demanding $900 million in compensation for the release of the Japanese owned container ship that caused the week-long blockade of the Suez Canal. The Government Daily Al-Ahram reported on Tuesday that negotiations between the Suez Canal Authority (SCA) and Japanese company Shoei Kisen were ongoing, with the SCA insisting the shipping company was…
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Cameroon Begins Vaccination With Sinopharm Doses
The vaccination campaign has begun in Cameroon on Monday, all thanks to the donation of 200,000 doses of the Sinopharm vaccine by China. The jabs arrived in the country’s capital Yaoundé last Sunday. “The government encourages the population, especially priority targets to be vaccinated when the time comes,” wrote Health Minister Malachie Manaouda in a…
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Global Trade Would Grow By 8% In 2021 – WTO
The World Trade Organization (WTO) on Wednesday has opined that international trade would grow a bit faster than was previously predicted. WTO Managing Director, Dr Ngozi Okonjo-Iweala, announced that trade would grow by 8 percent this year. However, the organization warned that global trade growth could still be thwarted by the still-raging coronavirus pandemic. ”Following…
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Breaking: Explosives Found In Classrooms In Abia State
The state government has ordered a temporary closure of a Union Primary School in Afaraukwu located in the Umuahia North Local Government Area of the state following the discovery of suspected explosive devices in a classroom. The State Commissioner for Information, John Kalu, revealed this in a statement on Thursday, April 8, 2021. The statement…
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World Bank Warns Against Hiking Of Global Tax Minimum
The World Bank has warned world leaders to avoid setting very high global minimum tax rates that hinder poor countries’ from attracting valuable investments. The cautioning comes after the US Treasury Secretary Janet Yellen called for a 21% global minimum rate. Ms Yellen has said a global minimum tax on companies is necessary to stop a…