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General Politics

Resign, face your health – Sowore tells Gov. Akeredolu

From Our Correspondent Mr Omoyele Sowore, the 2023 Presidential candidate of the African Action Congress (AAC), on Saturday, asked sick Gov. Rotimi Akeredolu of Ondo State to resign and take care of his health. Sowore, who is also a renowned rights activist, made the call during a town hall meeting at Akure City Hall. He […]

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Foreign News Uncategorized

Israel-Hamas war: Killed hostages were ‘holding white flag’

The Israeli Defence Force (IDF) have mistakenly killed three Israelis held hostage by the Hamas Freedom Fighters, on Saturdday, in the Gaza Strip. According to a Deutche Welle report quoting the Israeli military, the hostages were carrying a stick with a makeshift white flag, at the tine IDF shot them dead. The accidental killing of […]

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Economy Foreign News

Rwanda gets IMF’s $268m funding for climate shocks response

The Rwandan Government has secured $268 million from the International Monetary Fund (IMF) to confront climate shocks, the Ministry of Finance has said. IMF approved the funding under the new Standby Credit Facility, on Thursday. “The government will use the fund to boost the balance of payments,” the ministry said on social media platform X, […]

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Disasters Environment

Flooding impacts 16,000 families, 6,000 farmers in Lagos – NEMA

By Our Correspondent No fewer than 16,000 families suffered the consequences of flooding in Lagos State in 2022, according to data released by the National Emergency Management Agency (NEMA). Ibrahim Farinloye, Coordinator of NEMA in Lagos, said in a state also that 6,000 farmers lost seedlings and farm produce. In the statement, mailed to TheNewsZenith, […]

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Foreign News General

Foreign investments: Tinubu assures diligent funds reparation

From Our Correspondent President Bola Ahmed Tinubu has assured foreign investors of diligent repatriation of their income home and the streamlining of the tax system. Tinubu gave the assurance when he received Letters of Credence from three ambassadors of Hungary, Rwanda and Ukraine, on Friday in Abuja. TheNewsZenith reports that the envoys are the Ambassador […]

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Business Features/Opinion

AMCON Overstaying Its Welcome: In Whose Interest?

By Oscar Japhet The story of Asset Management Corporation of Nigeria (AMCON), just like many other Federal Government agencies, is that of a beautiful concept but with poor implementation. This is resulting to loss of public confidence and damaging the economy. There is no doubt that enormous non-performing loans pose a big challenge to financial […]

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Foreign News

Ex-Facebook manager pleads guilty to bilking $4m in kickback

A former Facebook diversity programme manager has pleaded guilty to scamming the social media giant out of more than $4 million. Barbara Furlow-Smiles allegedly carried out the scam through a scheme in which she faked business deals in exchange for kickbacks, the Justice Department said. Furlow-Smiles, who served as Lead Strategist and Global Head of […]

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Foreign News

Indian Parliament suspends 14 lawmakers over unruly conduct

Indian parliament suspended as many as 14 lawmakers over their “unruly conduct” during the House proceedings, on Thursday, in New Delhi. All 14 lawmakers belonged to opposition political parties. While 13 lawmakers are from the lower house “Lok Sabha”, one is from the upper house “Rajya Sabha”. Nine suspended lawmakers belonged to the main opposition […]

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Disasters Environment Foreign News

AfDB, ICRC sign MOU to advance sustainable solutions

By Abdulfatah Babatunde The African Development Bank and the International Committee of the Red Cross (ICRC), on Thursday in Geneva, Switzerland, signed a memorandum of understanding to jointly address humanitarian and development challenges in Africa. The MOU further elevates a partnership between the two institutions. The signing took place on the sidelines of the Global […]

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General TeleCom

Transparency, our bedrock in telecom regulation – Maida

  From Our Correspondent ………Visits Minister to discuss priority areas The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida, says transparency will form the bedrock of his leadership as Nigeria’s chief telecom regulator. Maida pledged this when he paid a courtesy visit to the Minister of Communications, Innovation and Digital Economy, […]

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