Kenya Airways has finished restructuring $2 billion of debt, the carrier said on Wednesday, completing a key part of its turnaround plan after heavy losses. Reuters reported that the airline’s top shareholder, the Kenyan government, and 11 local lenders converted…
The federal government has approved a memo presented by the Ministry of Power, Works and Housing for the construction of Gombe to Biu federal highway. Briefing State House correspondents after the Federal Executive Council, FEC meeting which held at the…
Nigeria’s inflation rate has further dropped to 15.91 percent in October from 15.98 recorded in September. The National Bureau of Statistics (NBS) stated this in its “CPI October 2017 Report’’ released on Wednesday, November 15 in Abuja. The data also…
The Joint Admissions and Matriculation Board (JAMB) said Wednesday it had commenced plans for the 2018 Unified Tertiary Matriculation Examination(UTME) and Direct Entry due to take place from March 9 to 17. Prof. Ishaq Oloyede, JAMB’s Registrar disclosed this at…
Oppostion MP Eddie Cross has told BBC News that he believes First Lady Grace Mugabe has fled to Namibia. The Movement for Democratic Change (MDC) politician said that he understood she had been allowed to leave the country last night…
Angolan President Joao Lourenco on Wednesday fired his predecessor’s daughter, Isabel dos Santos, from her influential post as head of the Sonangol state oil company, the presidency said in a statement. Her appointment to the oil giant last year was…
PHOTOSPEAK: Senator Ali Ndume arrives Senate chamber on Wednesday November 15 to assume duties as Senator representing Borno South Senatorial District after serving his mandatory six months suspension which a Federal High Court in Abuja has said was illegally imposed…
Zimbabwe’s military forces have taken over the national broadcaster, ZBC, in a move to take action on “target criminals”. The military in a statement, however, said the move was not “a military takeover of government” and President Robert Mugabe was…
The Buhari administration will find all possible solutions to end the gridlock at Apapa area of Lagos State, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo said this on Tuesday at a Government/Private sector meeting at the Presidential Villa,…
The Central Bank of Nigeria (CBN) yesterday injected $195 million into the inter-bank Foreign Exchange Market. The excercise was in line with the its plan to boost forex liquidity in the market even as the naira maintains its strength. Figures…
