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Africa

Reps condemn sale of Africans in Libya, Senate begins probe

libya slave trade

Members of the House of Representatives on Wednesday condemned the increasing cases of public auctioning of black Africans in Libya. Also, the Senate has begun the investigation of the alleged sale of illegal African migrants “mostly Nigerians” as slaves in Libya, which it described as a slap on the face of Nigeria. The Senate probe was based on a motion ...

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Men are to blame for Nigeria’s woes –Ezekwesili

Ezekwesili

A former Vice-President of the World Bank and former Minister of Education, Dr. Oby Ezekwesili, has said that male political leaders are to blame for the poor state of affairs in Nigeria and Africa as a whole. She also absolved women of any blame, saying they have had only a “marginal” role to play in the poor governance that has ...

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Budget: FG adjusts 2018-2020 MTEF/FSP by N1.5tn

senate

The Federal Government on Monday gave details of the adjustments it made to the 2018-2020 Medium-Term Expenditure Framework and Fiscal Strategy Paper, explaining that they were incorporated in the 2018 budget proposal presented to the National Assembly on November 7 by President Muhammadu Buhari. The President, had before the budget presentation, submitted an earlier version of the MTEF, but captured ...

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Mugabe And His Wife Secures $10m ‘Goodbye Package’

mugabe2

Former Zimbabwe President Robert Mugabe and wife Grace, have secured themselves a good deal, as it has been revealed that the couple will receive $10million and, immunity from prosecution as part of the deal they are terming the “golden goodbye” package. The 93-year-old, who finally resigned after 37 years in power, reportedly bargained with the military to allow him and ...

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Cybersecurity summit to address IT risk, threats

new-virtual-reality-headsets-that-work-with-windows-10

The West African Cybersecurity Summit will provide a platform for government officials and businesses to learn about the sophisticated solutions to tackle cybersecurity threats. According to a statement by the organisers of the summit, Afrocet Montgomery, Nigeria is one of the world’s fastest growing cybersecurity economies in Africa. It added that the summit, slated for March 21, 2018 in Lagos ...

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Nigerian Canadian News: BEST EDITORIAL, FREE EXPRESSION/CONCEPT AND VISUAL PRESENTATION award of the year

NCN22

Congrats to the publisher, Nigerian-Canadian News Canada, Ms Ngozi Ugoh for the Award from the National Ethnic Press & Media Council of Canada. Our 2nd award from the Council and the 3rd award this year. RECOGNIZED FOR “BEST EDITORIAL, FREE EXPRESSION/CONCEPT AND VISUAL PRESENTATION” AND MANY YEARS OF CIRCULATION.  About Us The Nigerian Canadian News, one of Ontario’s leading providers of community ...

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Shoprite offers 50% discount on Black Friday sales

shoprite

Shoprite Nigeria has announced that it is offering discounted sales to its customers to mark the Black Friday. According to the retail giant, most of the products under its food and beverage and household appliances segments will be sold for less than half their prices. Shoprite has described the promotion as Nigeria’s biggest while also announcing that it was extending ...

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28 stocks boost equities’ appreciation by N28bn

currency exchange

The Nigerian equities market, on Thursday, gained N28bn as 28 stocks appreciated. A total of 513.8 million shares valued at N6.448bn exchanged hands in 4,243 deals. The equities market rebounded as the All-Share Index rose by 22 basis points to settle at 36,688.75 basis points, while the year-to-date return expanded to 36.5 per cent. Accordingly, market capitalisation increased by N27.8bn ...

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WAEC releases Nov/Dec WASSCE results

jamb

The West Africa Examinations Council on Tuesday released the results of the 2017 West Africa Senior School Certificate Examination for private candidates. According to WAEC, 34,664 candidates obtained a minimum of credits in five subjects and above including English language and General Mathematics. The figure represents 26.01% of the 133,223 candidates that sat for the examinations in Nigeria.The percentage of candidates ...

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CBN injects $210m into FX market

currency exchange

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for 2017, the bank injected has $210m into the inter-bank Foreign Exchange Market. The CBN Acting Director, Corporate Communications, Mr Isaac Okorafor in a statement issued on Monday in Abuja, said the interventions were in the Wholesale, Small and Medium Enterprises and invisibles windows. He ...

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Nigerians deserve to know why Nigeria Airways failed –Buhari

Aircraft landing on runway

President Muhammadu Buhari on Monday said he was under tremendous pressure from some prominent Nigerians desirous of establishing another national carrier for Nigeria. He, however, said his position remained that Nigerians need to know how the nation lost the former national carrier, Nigeria Airways. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, Buhari ...

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BREAKING: Mugabe agrees to resign

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Zimbabwe’s President Robert Mugabe’s 37-year rule appeared at an end Sunday after a source confirmed he had agreed to resign and was preparing to address the nation. Mugabe’s grip on power was broken last week when the military took over, angered at his wife Grace’s emergence as the leading candidate to succeed the 93-year-old president. “Yes he has agreed to ...

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Alex Ekwueme dies in London hospital

Alex Ekwueme

Ihuoma Chiedozie, Enugu Second Republic vice president, Dr. Alex Ekwueme, is dead. The elder statesman’s death was disclosed in a statement issued by the Ekwueme family of Oko, in Anambra State. The statement was reportedly released in the early hours of Monday. The statement, signed by the former vice president’s brother, and the traditional ruler of Oko in Anambra State, Igwe ...

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Nigeria targets N945bn revenue from non-oil sector in 2018

senate

The Federal Government plans to raise the sum of $3.1bn (N945.5bn) from the country’s non-oil export sector through value addition from 11 agricultural products. Details of the projected revenue from the exportation of these products are contained in a document prepared by the National Committee on Export Promotion. The document is the implementation framework, which the committee, had prepared to ...

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Patience Jonathan used NGO as front for money laundering – EFCC

Patience_jonathan

The Economic and Financial Crimes Commission has said a recent application filed by Patience, the wife of former President Goodluck Jonathan, before the Federal High Court in Abuja has justified its assertion that a non-governmental organisation, Ariwabai Aruera Reachout Foundation, being investigated for corruption, was a front for the former first lady. The EFCC stated this in its response to ...

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UPDATE: Zimbabwean army, ruling party decide Mugabe’s fate today

mugabe2

President Robert Mugabe will meet with the top officers of the Zimbabwe Defence Forces on Sunday (today). This was disclosed by the Chairman of the negotiating team, Fidelis Mukonori, according to the Zimbabwe Broadcasting Corporation. Mukonori said this would be the second time that Mugabe and the ZDF command would meet, the first meeting having taken place on Thursday. “The negotiating ...

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Crunch talks as Mugabe and generals thrash out his exit

mugabe2

Zimbabwean army generals will pile further pressure on President Robert Mugabe to resign Sunday after tens of thousands of overjoyed protesters celebrated the apparent end of his 37-year regime. Mugabe’s hold on power was broken this week when the military took over in a dispute over who would succeed the 93-year-old president, the world’s oldest head of state. Mugabe remains ...

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Bomb scare, anxiety as Anambra voters elect governor today

anambra election

AS the people of Anambra State decide who occupies the position of the state governor today (Saturday), there is palpable fear that the election could be marred by violence. This is happening amid fears of bomb blast in Onitsha. Some residents of the state were seen gathered in different groups to discuss, in trepidation, what the outcome of the election ...

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