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
Thousands of people have fled their homes as the conflict between the Congolese army (FARDC) and the M23 rebels rage on in the territory of Nyiragongo, near Goma, the capital of North Kivu. An estimated 3,000 residents from six villages in eastern DR Congo – including, Bukima, Nyesisi, and Ruhanga… You must be registered to […]Read More
Commercial banks in Nigeria have paid N25.1 billion as account maintenance fee in the first quarter of this year (Q1’22). This represents a 17 percent year-on-year (YoY) increase when compared to N21.4 billion the customers of those banks paid in the corresponding period of 2021, Q1’21. The Account Maintenance Fee… You must be registered to […]Read More
The National Bureau of Statistics has published that the consumer price index for April 2022 increased to 16.82 percent on a year-on-year basis. The recent figures are 1.3 percent points lower compared to the rate recorded in April 2021 (18.12) percent but 0.9 percent higher than March 2022. According to… You must be registered to […]Read More
The Republic of Angola in southern Africa has relied on diamond production for economic sustenance for many years now. Currently, the third-largest producer of diamonds in Africa and the sixth-biggest producer in the world, the industry has unfortunately explored only 40% of its production capacity due to corruption, human rights violations, and diamond… You must be registered to […]Read More
The Nigeria Centre for Disease Control (NCDC) recently disclosed a rise in cases of Monkeypox shortly after the UK Health Security Agency diagnosed a patient believed to have contracted the infection from Nigeria. According to the report, the NCDC has confirmed a total of 46 suspected cases and 15 confirmed… You must be registered to […]Read More
The National Bureau of Statistics has reported that the country’s Gross Domestic Product increased by 4.03 percent in the third quarter of 2021. This is contained in its Gross Domestic Product Report Expenditure and Income Approach report for Q3, Q4 2021. According to the report, in the third quarter of… You must be registered to […]Read More
Claim 1: A presidential aspirant for 2023 general elections has claimed that Nigeria has a combined unemployment rate (unemployment and under-employment) of 55 percent. Claim 2: He also claimed that 60% of Nigeria youths are unemployed (unemployment and under-employment combined) Verdict: FALSE. Data shows that these figures, when combined, are… You must be registered to […]Read More
Findings by Twentyten Daily has shown that three Nigerian banks have recorded a cumulative amount of N104.8 billion in the first quarter of the year. Profit Before Tax (PBT) is the measure of the company’s profit before the payment of corporate income tax. It is listed on the income statement… You must be registered to […]Read More
At the beginning of the year, the U.N.’s regional meteorology centre warned Southern Africa and island states near the Indian Ocean to brace up for torrents of tropical storms. True to these words, in January 2022, Tropical Cyclone Ana tore across countries in southern Africa, causing a death toll of more… You must be registered to […]Read More
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