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IMF Retains Nigeria’s 2023 Growth Projection at 3.2%

The International Monetary Fund (IMF) has maintained its 2023 growth forecast for Nigeria at 3.2 per cent and three per cent for 2024, same figures it had projected for the country in April 2023. The Washington-based institution made the projections in its latest…

UK Court Orders Ibori’s Lawyer To Pay £28m

A British court has ordered an ex-lawyer of former Delta State Governor, James Ibori to pay £28 million for helping to hide funds gained illegally. Bhadresh Gohil, an Indian lawyer, was convicted in 2010 of 13 counts of money laundering and other offences…

Twitter Website Replaces Bird Logo With X

Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the Elon Musk-owned company moves toward rebranding as X. The social media network’s website showed the company’s new logo, but its URL was…

BBC Newsreader George Alagiah Dies Aged 67

George Alagiah, the BBC newsreader recognisable to millions worldwide who reported on many of the most important global events in recent decades, died on Monday aged 67, his agent said. “I am so terribly sorry to inform you that George Alagiah died peacefully…

Ghana Minister Resigns After $1m Cash Probe

A Ghanaian minister resigned over the weekend after a probe into how her houseworkers allegedly stole more than $1 million in cash from her home last year. Sanitation Minister Cecilia Abena Dapaah denied any crimes, but the case drew criticism from Ghana’s opposition…

PSG Permit Al Hilal To Talk To Mbappe After €300m Bid

Paris Saint-Germain have given Saudi club Al Hilal permission to speak to Kylian Mbappe after tabling a world record 300-million-euro ($333 million) bid, a source close to the negotiations told AFP on Monday. The Riyadh-based club has made a formal offer by letter,…

Mali Junta Chief Brings In New Constitution Amid Protests

The head of the junta in Mali brought in a new constitution for the West African nation on Saturday, prompting protests from concerned political and civil opponents. The military leaders have made the constitution a cornerstone for the rebuilding of Mali, which is…

Benin Republic Slams CFA 2m On Nigeria-bound Cargoes

Importers have lamented the high charges slammed on Nigerian-bound transit cargoes by the government of Benin Republic, making it impossible for them to bring in transit cargoes through the Seme land borders. Nigeria currently pays about CFA2.2m as charges on 40ft transit containers,…

UK May Confiscate $129m Belonging to Ibori

A state prosecutor on Thursday asked a London court to order the confiscation of more than 100 million pounds ($129 million) from Nigerian politician and ex-Delta State governor, James Ibori, Reuters report. Ibori had earlier been convicted for fraud in the United Kingdom…
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