Nigeria is currently facing a crude theft crisis, leading to one of the worst production turnout in recent years. According to regulators, the country’s pipelines have faced large-scale theft of crude that is forcing many oil companies to shut down production, further crippling the country’s fiscal stability. Data obtained from… You must be registered to […]Read More
With over six months gone in the year, 2022, commercial banks in Nigeria have begun to disclose their profit before tax for the first half of the year. Profit before tax (PBT) is a measure of a company’s profitability that looks at the profits made before any tax is paid.… You must be registered to […]Read More
Shortly after Covid-19’s destructive impact on the global economy, the Russian invasion hit the world, further worsening the economic outlook for vulnerable economies. Africa, already drowning in debt is left with no choice but to borrow more if it must survive these challenging times. According to the African Development Bank… You must be registered to […]Read More
In November 2021, a mid-to-late stage study showed that an antiviral medication was nearly 90% effective in preventing hospitalisations and deaths in adults at high risk of severe illness. By December, the Paxlovid was cleared for Emergency Use Authorization (EUA) by the Food and Drug Administration (FDA) in America and… You must be registered to […]Read More
On May 25. 2022, the Academic Staff Union Of Universities industrial action strike clocked 100 days. The strike which began on February 14, was extended for an additional 12 weeks in May after the union said the federal government had failed to reach an agreement over pending issues raised. Emmanuel… You must be registered to […]Read More
A recently released global trends report by the UNHCR has shown that more than 100 million people have been forced to flee their homes due to conflict or climaxing effects of climate change. According to the UN, these displacements, as well as Russia’s invasion of Ukraine, are causing a worsening food crisis… You must be registered to […]Read More
On January 24, 2022, the military in Burkina Faso seized power and overthrew President Roch Kaboré on grounds of the deteriorating security situation in the country. In the televised address, the military cited Kaboré’s inability to unite the West African nation and effectively respond to Islamist insurgency and other brewing… You must be registered to […]Read More
More than 100 indigenes of the Amhara ethnic group have been killed in a deadly attack in Ethiopia’s Oromia region by suspected members of the Oromo Liberation Army (OLA). According to witnesses, bodies counted and buried in mass graves have numbered up to 300, while many others are still reported… You must be registered to […]Read More
Insecurity in Nigeria has become a grave concern to citizens living in the country. Attacks by gunmen, kidnappers, militants and separatist groups have become too sudden, expanding from the northern region of the country, where it had much dominance, into other states in the southern region. The consistent security attacks… You must be registered to […]Read More
While the world focuses on the impact of the war between Russia and Ukraine, Africa is becoming overwhelmed by starvation, prolonged conflicts and a slew of mass displacements of people across many countries on the continent. According to a new report by the Norwegian Refugee Council (NRC), Africa has the… You must be registered to […]Read More
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