Joe Biden has decided not to run for president again in 2024. Instead, he is supporting his Vice President, Kamala Harris, and has asked Democrats to back her campaign. In a letter to Americans, Biden said being president was the “greatest honour of my life.” He explained that although he had planned to seek re-election, […]
Commerce minister Piyush Goyal has asked Petroleum and Explosives Safety Organisation (PESO) to formulate guidelines, in consultation with the ministry of petroleum and natural gas, for creating a template of safety measures, allowing retail outlets of petrol pumps to function in cases where there is habitation within 30-50 metres. The existing rules do not allow […]
The Central Bank of Nigeria (CBN) has warned Deposit Money Bank (DMBs) against rejecting dirty and mutilated Naira banknotes from depositors. In circular posted on its website this evening, the apex bank threatened to apply strict penalties against any DMB found to be rejecting such notes. The circular signed by the Director of Currency Operators, […]
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits and monitoring. Nigeria’s Securities and Exchange Commission (SEC) has introduced a new requirement for virtual asset service providers (VASPs) mandating that they establish an office in Nigeria to be eligible for its framework program. In […]
Seventeen-year-old Marian Pannalossy cuts a striking figure wherever she goes in Archer’s Post, a small town 200 miles north of Nairobi. She lives alone and is light-skinned in a place where mixed-race people are a rarity and therefore ostracized. “They call me ‘mzungu maskini,’ or a poor white girl,” she told CNN at her single-room house, […]
Unidentified armed men have killed around 40 people in an attack on a village in insurgent-plagued central Mali, local officials said on Tuesday. The attack took place on Monday in the village of Djiguibombo in Mopti region – one of several areas in Mali’s north and centre where jihadist groups linked to al Qaeda and Islamic State […]
Climate change acts as a threat multiplier, finding existing injustices and amplifying them. Women and girls already grapple with gender inequality, but when extreme weather devastates a community, the UN found that inequalities worsen: Intimate partner violence spikes, girls are pulled from school, daughters are married early, and women and girls forced from their homes face a higher […]
Both the union and the Crown agency responsible for selling alcohol in Ontario are remaining tight-lipped as a potential strike at all provincial liquor stores looms. Negotiators with the Ontario Public Service Employees Union (OPSEU) and the LCBO have been in unproductive talks for weeks, with a possible strike beginning Friday morning. The union and […]
A child was feared dead on Wednesday when a building collapsed at 10, Cameroon Street in Mushin, Lagos. Seven other residents were also reportedly rescued by sympathizers from the rubbles. A resident said the building collapsed following heavy downpours in many parts of Lagos. Confirming the incident, the Lagos State Emergency Management Agency Permanent Secretary, […]
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a national commercial bank, as the bank opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria Island. This followed the Central Bank of Nigeria’s approval of the final licence for the Bank to commence operations as a national commercial […]