Newscast - Africa
7,349 episodes - English - Latest episode: about 1 year ago -We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.
Earn $SYBL as you listen by signin up on: https://tse.sybel.io/A278C25DD9
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Google Partners Nigerian Small Business Agency; Edgar Lungu In India..............More on the Headlines
August 20, 2019 15:22 - 2 minutes - 2.58 MBCBN governor speaks on the ban of Forex on imported products; FIRS boss responds to the Federal government memo; Zambian president to pay a working visit to India; Samsung to release it's Galaxy Note 10; Google partners with Nigeria's SMEDAN on training youth in digital marketing. --- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support
Nigeria's Bluechip Technologies Moves to Compete on the Kenyan Tech Scene
August 19, 2019 19:30 - 2 minutes - 2.63 MBNigeria's Bluechip Technologies, has made it's debut on the Kenyan tech scene as a competition for the market. This is the fourth office that Bluechip Technologies has established, as it is already present in 3 African countries including Ghana and Zambia, with its head office in Lagos, Nigeria, Bluechip Technologies Managing Director, Victor Murage said the company’s presence in Kenya was to help proffer solution to the country’s business process automation challenge. Bluechip Technologies L...
Nigeria's Bluechip Technologies Moves to Compete on the Kenyan Tech Scene
August 19, 2019 19:30 - 3 minutes - 3.19 MBNigeria's Bluechip Technologies, has made it's debut on the Kenyan tech scene as a competition for the market. This is the fourth office that Bluechip Technologies has established, as it is already present in 3 African countries including Ghana and Zambia, with its head office in Lagos, Nigeria, Bluechip Technologies Managing Director, Victor Murage said the company’s presence in Kenya was to help proffer solution to the country’s business process automation challenge. Bluechip Technologies L...
Nigerian Mobile Payment Company Hits N1.5 trillion in Transaction 7 Years Later
August 19, 2019 19:18 - 2 minutes - 2.44 MBMobile payment company, Paga has hit N1.5 trillion in transaction 7 years after it came on stream in Nigeria. It attained this figure after facilitating 87 million transactions through its over 13 million users across all the 36 states in Nigeria. Paga's founder, Tayo Oviosu, has described the leading payments platform’s recent achievement as a landmark. Paga’s success over the years has been largely attributed to its ability to serve the unbanked communities in rural areas in Nigeria. The ...
Nigerian Mobile Payment Company Hits N1.5 trillion in Transaction 7 Years Later
August 19, 2019 19:18 - 2 minutes - 2.53 MBMobile payment company, Paga has hit N1.5 trillion in transaction 7 years after it came on stream in Nigeria. It attained this figure after facilitating 87 million transactions through its over 13 million users across all the 36 states in Nigeria. Paga's founder, Tayo Oviosu, has described the leading payments platform’s recent achievement as a landmark. Paga’s success over the years has been largely attributed to its ability to serve the unbanked communities in rural areas in Nigeria. The ...
Nigerian Gov. Denies Banning Importation of Agric Products; Blue Chip Stocks on Nairobi Bourse Suffer Decline........More on the Headlines
August 19, 2019 18:51 - 3 minutes - 3.2 MBNigeria's government has debunked reports that it banned importation of agric products.; Leading payment platform, Paga hits N1.5 million professionals in transaction; Nigeria's tech company, Bluechip technologies debuts in Kenya Stock market prices in Nairobi take a fall; Asia's stocks pick up on Monday. --- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support
Nigerian Gov. Denies Banning Importation of Agric Products; Blue Chip Stocks on Nairobi Bourse Suffer Decline........More on the Headlines
August 19, 2019 18:51 - 1 minute - 1.24 MBNigeria's government has debunked reports that it banned importation of agric products.; Leading payment platform, Paga hits N1.5 million professionals in transaction; Nigeria's tech company, Bluechip technologies debuts in Kenya Stock market prices in Nairobi take a fall; Asia's stocks pick up on Monday. --- Support this podcast: https://anchor.fm/newscast-africa/support
Nigerian Startups to Receive 500 Million Naira - CEO of SPAC Initiative Africa Discloses
August 19, 2019 15:46 - 9 minutes - 9.21 MBAs one of the Sponsors of the 2019 CEO Apprentice in Lagos Nigeria, Thelma Osadebay is the CEO and Africa Lead of SPAC initiative. Thelma discloses what SPAC initiative has in stock for Nigerian entrepreneurs before the end of this year. SPAC initiative is a Nigeria focused impact investment fund that endeavors to adjust the economic aim from curing poverty in Nigeria to investing in Human capital by empowering the youth through financing and training. These will be achieved through the initi...
Nigerian Startups to Receive 500 Million Naira - CEO of SPAC Initiative Africa Discloses
August 19, 2019 15:46 - 7 minutes - 9.01 MBAs one of the Sponsors of the 2019 CEO Apprentice in Lagos Nigeria, Thelma Osadebay is the CEO and Africa Lead of SPAC initiative. Thelma discloses what SPAC initiative has in stock for Nigerian entrepreneurs before the end of this year. SPAC initiative is a Nigeria focused impact investment fund that endeavors to adjust the economic aim from curing poverty in Nigeria to investing in Human capital by empowering the youth through financing and training. These will be achieved through the init...
South Africa's White Supremacist Political Party Gets Desperate, Calls for Privatization of SOEs
August 19, 2019 14:00 - 2 minutes - 1.99 MBDemocratic Alliance party of South Africa has made a call for desperate measures to be put in place to check the downward spin of the economy in the country. Members of the party's executive met over the weekend in Johannesburg to discuss the way forward. They surmised that the unemployment rate in the country has reached an all time high since 1994, breaking the 10 million mark for the first time, and posed a great threat to the country's economic future. The party also accused the South...
South Africa's White Supremacist Political Party Gets Desperate, Calls for Privatization of SOEs
August 19, 2019 14:00 - 1 minute - 1.76 MBDemocratic Alliance party of South Africa has made a call for desperate measures to be put in place to check the downward spin of the economy in the country. Members of the party's executive met over the weekend in Johannesburg to discuss the way forward. They surmised that the unemployment rate in the country has reached an all time high since 1994, breaking the 10 million mark for the first time, and posed a great threat to the country's economic future. The party also accused the South...
Ugandan Unveils Grand Plan to Boost Local Apparel Sector Through Investment in Cotton Production
August 16, 2019 17:49 - 3 minutes - 3.5 MBUganda has come up with a strategy for the cotton, textiles and apparel sector with the aim of increasing fibre cotton production, increasing the domestic value addition and creating employment. The scheme, which supports the third edition of the National Development Plan (NDPIII), proposes an overhaul of the cotton production value chain. This will be achieved through investment in apparel for exportation and also garment production factories. Michael Werikhe, the Junior Minister for Trade s...
Ugandan Unveils Grand Plan to Boost Local Apparel Sector Through Investment in Cotton Production
August 16, 2019 17:49 - 1 minute - 1.91 MBUganda has come up with a strategy for the cotton, textiles and apparel sector with the aim of increasing fibre cotton production, increasing the domestic value addition and creating employment. The scheme, which supports the third edition of the National Development Plan (NDPIII), proposes an overhaul of the cotton production value chain. This will be achieved through investment in apparel for exportation and also garment production factories. Michael Werikhe, the Junior Minister for Trade...
A Nigerian Motorbike Hailing Service Shutdown by CEO Shortly After Raising $5.3 Million in Series A
August 16, 2019 17:30 - 1 minute - 1.68 MBGokada, a motorbike hailing service, has partially put operations on hold to strategize after their CEO faced 'operational' hurdles during a ride. Gokada CEO and Co-founder, Fahim Saleh, said, “all Gokada pilots will be off the roads and the Gokada app will be shut down, ” within the period, and expressed his disappointment that a trip of 5 mins turned out to take more than 15 mins from the Mainland Bridge to Victoria Island. While narrating his ugly experience with a Gokada rider, he is qu...
A Nigerian Motorbike Hailing Service Shutdown by CEO Shortly After Raising $5.3 Million in Series A
August 16, 2019 17:30 - 3 minutes - 3.47 MBGokada, a motorbike hailing service, has partially put operations on hold to strategize after their CEO faced 'operational' hurdles during a ride. Gokada CEO and Co-founder, Fahim Saleh, said, “all Gokada pilots will be off the roads and the Gokada app will be shut down, ” within the period, and expressed his disappointment that a trip of 5 mins turned out to take more than 15 mins from the Mainland Bridge to Victoria Island. While narrating his ugly experience with a Gokada rider, he is quot...
Consolidated Hallmark Plc Reveals Plan to Comply With The New Capital Requirement By the Nigerian Insurance Commission
August 16, 2019 17:20 - 4 minutes - 4.31 MBAhead of the deadline given by the National Insurance Commission (NAICOM) for insurance firms to recapitalize, Consolidated Hallmark Plc has revealed its plan to raise its capital base from N6.1 billion to N10 billion. It is seeking an additional N3.9 billion to meet the new capital requirement, after it's capital base has been increased from N3 billion to N10 billion. While maintaining that its first line of action would be to issue additional share by way of a rights issue, Consolidated H...
Consolidated Hallmark Plc Reveals Plan to Comply With The New Capital Requirement By the Nigerian Insurance Commission
August 16, 2019 17:20 - 2 minutes - 2.33 MBAhead of the deadline given by the National Insurance Commission (NAICOM) for insurance firms to recapitalize, Consolidated Hallmark Plc has revealed its plan to raise its capital base from N6.1 billion to N10 billion. It is seeking an additional N3.9 billion to meet the new capital requirement, after it's capital base has been increased from N3 billion to N10 billion. While maintaining that its first line of action would be to issue additional share by way of a rights issue, Consolidate...
43-years old Ex-Super Eagle of Nigeria's Striker Makes States Political Appointment
August 16, 2019 16:57 - 3 minutes - 3.34 MB43-year-old Super Eagles of Nigeria, and global football legend, Nwankwo Kanu has been appointed as the Senior Special Assistant on Sports matters to the Imo state government. Kanu, who began his football career in the state is expected to help the Imo state government with his knowledge in football to develop the sports sector. At the announcement of his appointment, Kanu Nwankwo presented a Super Eagles jersey to the Governor of Imo state, Emeka Ihedioha. The ex Arsenal striker made the th...
43-years old Ex-Super Eagle of Nigeria's Striker Makes States Political Appointment
August 16, 2019 16:57 - 1 minute - 1.84 MB43-year-old Super Eagles of Nigeria, and global football legend, Nwankwo Kanu has been appointed as the Senior Special Assistant on Sports matters to the Imo state government. Kanu, who began his football career in the state is expected to help the Imo state government with his knowledge in football to develop the sports sector. At the announcement of his appointment, Kanu Nwankwo presented a Super Eagles jersey to the Governor of Imo state, Emeka Ihedioha. The ex Arsenal striker made the ...
Gov. Fayemi Pays a visit to the Nigerian Stock Exchange; London Stock Exchange Experienced Delay in Opening Early This Morning......More on the Headline
August 16, 2019 16:45 - 1 minute - 1.3 MBSuper Eagles legend, Kanu Nwankwo gets political appointment in Imo state ; Gokada temporarily suspends operations; In view of NAICOM’s recapitalisation deadline, Consolidated Hallmark plans N3.9 billion capital raise; Governor Fayemi pays a visit to the Nigerian Stock Exchange; London Stock Exchange experiences delay in opening. --- Support this podcast: https://anchor.fm/newscast-africa/support
Gov. Fayemi Pays a visit to the Nigerian Stock Exchange; London Stock Exchange Experienced Delay in Opening Early This Morning......More on
August 16, 2019 16:45 - 3 minutes - 2.91 MBSuper Eagles legend, Kanu Nwankwo gets political appointment in Imo state ; Gokada temporarily suspends operations; In view of NAICOM’s recapitalisation deadline, Consolidated Hallmark plans N3.9 billion capital raise; Governor Fayemi pays a visit to the Nigerian Stock Exchange; London Stock Exchange experiences delay in opening. --- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support
Africa's Richest Man Says Mortgage Financing Could Help Fight Corruption in Nigeria
August 15, 2019 13:18 - 1 minute - 2.26 MBAfrica’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote has called for the need to adopt proper mortgage financing and consumer credit in Nigeria. According to him, the availability of these is important in tackling corruption, alleviating the sufferings of people and reducing the hardship encountered by buyers when purchasing goods in the country. He was speaking during a visit to Mr. Bola Ahmed Tinubu, Dangote said, “ I believe what will help us the most is mor...
Africa's Richest Man Says Mortgage Financing Could Help Fight Corruption in Nigeria
August 15, 2019 13:18 - 2 minutes - 2.39 MBAfrica’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote has called for the need to adopt proper mortgage financing and consumer credit in Nigeria. According to him, the availability of these is important in tackling corruption, alleviating the sufferings of people and reducing the hardship encountered by buyers when purchasing goods in the country. He was speaking during a visit to Mr. Bola Ahmed Tinubu, Dangote said, “ I believe what will help us the most is mor...
Nigerian Government Plans to Repossess Electricity Distribution Assets From Investors
August 15, 2019 12:32 - 2 minutes - 1.96 MBIn a bid to revamp the country’s power sector, the Federal Government (FG) is considering repossessing no fewer than 10 electricity distribution firms. The acquisition, if successful, will cost the Federal Government about N736 billion. There are indications that the Federal Government could reacquire the distribution assets from core investors, as the Ministry of Power, Works and Housing, in a document, described the co-owners of the distribution companies in Nigeria as ‘failed investors.’ ...
Nigerian Government Plans to Repossess Electricity Distribution Assets From Investors
August 15, 2019 12:32 - 1 minute - 1.72 MBIn a bid to revamp the country’s power sector, the Federal Government (FG) is considering repossessing no fewer than 10 electricity distribution firms. The acquisition, if successful, will cost the Federal Government about N736 billion. There are indications that the Federal Government could reacquire the distribution assets from core investors, as the Ministry of Power, Works and Housing, in a document, described the co-owners of the distribution companies in Nigeria as ‘failed investors.’ ...
The US Pledges to Prioritize Britain in Trade After Brexit, Nation Security Adviser Disclosed
August 15, 2019 11:40 - 2 minutes - 2.77 MBUS national security adviser John Bolton made an extraordinary promise while on a visit to London Monday, pledging that the United Kingdom would jump to the “front of the queue” for trade with the United States if it went ahead and left the European Union. With the British economy suffering a battering in recent days due to the country’s impending exit from the European Union. At a briefing with British reporters Monday evening, Bolton said Britain would be “front of the trade queue” for a ne...
The US Pledges to Prioritize Britain in Trade After Brexit, Nation Security Adviser Disclosed
August 15, 2019 11:40 - 1 minute - 1.71 MBUS national security adviser John Bolton made an extraordinary promise while on a visit to London Monday, pledging that the United Kingdom would jump to the “front of the queue” for trade with the United States if it went ahead and left the European Union. With the British economy suffering a battering in recent days due to the country’s impending exit from the European Union. At a briefing with British reporters Monday evening, Bolton said Britain would be “front of the trade queue” for a ...
President Buhari Approves Change of Name For The Nigerian Prison and the Federal University of Agriculture Makurdi
August 15, 2019 11:24 - 4 minutes - 3.79 MBPresident Muhammadu Buhari has approved a change of name for the Federal University of Agriculture Makurdi in Benue State. The new name for the institution is Joseph Sarwuan Tarka University, Makurdi. The approval follow the president’s decision to sign a bill amending the law that set up the university. Mr Buhari also approved a separate bill that changes the name of the Nigeria Prisons Service to Nigeria Correctional Service. Details of the two approvals were contained in a statement sent ...
President Buhari Approves Change of Name For The Nigerian Prison and the Federal University of Agriculture Makurdi
August 15, 2019 11:24 - 1 minute - 1.68 MBPresident Muhammadu Buhari has approved a change of name for the Federal University of Agriculture Makurdi in Benue State. The new name for the institution is Joseph Sarwuan Tarka University, Makurdi. The approval follow the president’s decision to sign a bill amending the law that set up the university. Mr Buhari also approved a separate bill that changes the name of the Nigeria Prisons Service to Nigeria Correctional Service. Details of the two approvals were contained in a statement se...
Dangote Advocates For Mortgage Financing in Nigeria; United States Promised To Prioritize Britain in Trade After Brexit.......More on the He
August 15, 2019 10:57 - 3 minutes - 2.83 MBPresident Buhari approves bills that change names of two major Nigerian institutions; John Bolton Promises Britain Will Be ‘Front of the Trade Queue’ After Brexit, Says EU Treats Citizens Like Peasants; Failed investors may sell power distribution assets back to FG at N736 billion; Dangote seeks mortgage financing in Nigeria; Ivory Coast cocoa season grindings up 8% to 455,000 T- exporters; Lion King now highest grossing animation movie at $1.3 billion. --- Support this podcast: https://an...
Dangote Advocates For Mortgage Financing in Nigeria; United States Promised To Prioritize Britain in Trade After Brexit.......More on the Headlines
August 15, 2019 10:57 - 1 minute - 1.49 MBPresident Buhari approves bills that change names of two major Nigerian institutions; John Bolton Promises Britain Will Be ‘Front of the Trade Queue’ After Brexit, Says EU Treats Citizens Like Peasants; Failed investors may sell power distribution assets back to FG at N736 billion; Dangote seeks mortgage financing in Nigeria; Ivory Coast cocoa season grindings up 8% to 455,000 T- exporters; Lion King now highest grossing animation movie at $1.3 billion. --- Support this podcast: https://...
The Namibian Government Succumbed to Failure of a Scheme Aimed At Discouraging Live Export of Sheeps to South Africa
August 14, 2019 13:11 - 4 minutes - 3.81 MBThe Namibian 2004 small stock marketing scheme has failed to discourage live exports of sheep to South Africa, and to promote value-addition in the sector. The government finally succumbed to the failed scheme, and accepted the recommendation from the high-level panel of the Namibian economy to suspend the scheme. The Meat Board of Namibia (MBN)'s chief marketing officer, Desmond Cloete, said that the small stock marketing scheme was implemented in 2004 with the main objective of value-addit...
The Namibian Government Succumbed to Failure of a Scheme Aimed At Discouraging Live Export of Sheeps to South Africa
August 14, 2019 13:11 - 2 minutes - 2.29 MBThe Namibian 2004 small stock marketing scheme has failed to discourage live exports of sheep to South Africa, and to promote value-addition in the sector. The government finally succumbed to the failed scheme, and accepted the recommendation from the high-level panel of the Namibian economy to suspend the scheme. The Meat Board of Namibia (MBN)'s chief marketing officer, Desmond Cloete, said that the small stock marketing scheme was implemented in 2004 with the main objective of value-ad...
The Nigerian Chief Trade Negotiator Urges African Companies To Pursue M&As Beyond Signing AfCFTA
August 14, 2019 12:31 - 1 minute - 1.99 MBAs Nigeria recently signed the Africa Continental Free Trade Agreement, AFCFTA, the Head of Nigeria’s Office of Trade Negotiations, NOTN Ambassador Chiedu Osakwe in a recent economic discourse in Lagos, has called on companies in Africa to explore Merger and Acquisitions, M&As to create value from the continental treaty. He believed Merger and Acquisitions should be worked on, not just within the AFCFTA market but the sub-regional level like the ECOWAS markets. According to him “Openness ...
The Nigerian Chief Trade Negotiator Urges African Companies To Pursue M&As Beyond Signing AfCFTA
August 14, 2019 12:31 - 3 minutes - 3.33 MBAs Nigeria recently signed the Africa Continental Free Trade Agreement, AFCFTA, the Head of Nigeria’s Office of Trade Negotiations, NOTN Ambassador Chiedu Osakwe in a recent economic discourse in Lagos, has called on companies in Africa to explore Merger and Acquisitions, M&As to create value from the continental treaty. He believed Merger and Acquisitions should be worked on, not just within the AFCFTA market but the sub-regional level like the ECOWAS markets. According to him “Openness to ...
APC Charges The Tribunal Led by Justice Mohammed Garba to Reject Atiku's Sponsored Testimonies
August 14, 2019 12:03 - 2 minutes - 2.52 MBPresident Muhammadu Buhari and his All Progressives Congress Congress have asked the Presidential Election Petition Tribunal to expunge from its records over 28000 result sheets of the February 23 2019 election in 10 states tendered by the Peoples Democratic Party and its candidate, Alhaji Atiku Abubakar . They also urged the Justice Mohammed Garba - led tribunal of of five judges to reject the testimony of the petitioners' 40th, 59th, and 60th witnesses. Atiku’s spokesperson ,Mr Segun ...
APC Charges The Tribunal Led by Justice Mohammed Garba to Reject Atiku's Sponsored Testimonies
August 14, 2019 12:03 - 3 minutes - 3.2 MBPresident Muhammadu Buhari and his All Progressives Congress Congress have asked the Presidential Election Petition Tribunal to expunge from its records over 28000 result sheets of the February 23 2019 election in 10 states tendered by the Peoples Democratic Party and its candidate, Alhaji Atiku Abubakar . They also urged the Justice Mohammed Garba - led tribunal of of five judges to reject the testimony of the petitioners' 40th, 59th, and 60th witnesses. Atiku’s spokesperson ,Mr Segun Sho...
Titanic Maker is Going Bankrupt; APC takes a shot at Atiku Over Presidential Tribunal.....More on the Headline
August 14, 2019 11:45 - 1 minute - 1.66 MBBuhari, APC want Atiku’s 28,000 exhibits expunged; Top ally of Malawi president resigns after US ban over corruption; Kremlin breaks its silence on suspected nuclear missile explosion; African companies should explore Mergers and Acquisitions says Ambassador Chiedu Osakwe; CBN orders banks to start sending “Key Fact Statement” to borrowers ; Greek Stocks Poised for Best Performance in 20 Years. --- Support this podcast: https://anchor.fm/newscast-africa/support
Titanic Maker is Going Bankrupt; APC takes a shot at Atiku Over Presidential Tribunal.....More on the Headline
August 14, 2019 11:45 - 1 minute - 1.36 MBBuhari, APC want Atiku’s 28,000 exhibits expunged; Top ally of Malawi president resigns after US ban over corruption; Kremlin breaks its silence on suspected nuclear missile explosion; African companies should explore Mergers and Acquisitions says Ambassador Chiedu Osakwe; CBN orders banks to start sending “Key Fact Statement” to borrowers ; Greek Stocks Poised for Best Performance in 20 Years. --- Support this podcast: https://anchor.fm/newscast-africa/support
Nigerian Trade Union Congress Threaten Industrial Strike Action Over Minimum Wage
August 13, 2019 18:39 - 5 minutes - 4.68 MBNigerian Trade Union Congress (TUC) has threatened the Federal Government with industrial action over minimum wage implementation. The TUC warned that it could embark on industrial action if President Muhammadu Buhari-administration doesn’t implement the new minimum wage by Wednesday, August 14, 2019. The new minimum wage had been passed by the National Assembly in March 2019, and signed into law by President Buhari in April. The government is, however, yet to implement it. The delay in the ...
Nigerian Trade Union Congress Threaten Industrial Strike Action Over Minimum Wage
August 13, 2019 18:39 - 2 minutes - 2.79 MBNigerian Trade Union Congress (TUC) has threatened the Federal Government with industrial action over minimum wage implementation. The TUC warned that it could embark on industrial action if President Muhammadu Buhari-administration doesn’t implement the new minimum wage by Wednesday, August 14, 2019. The new minimum wage had been passed by the National Assembly in March 2019, and signed into law by President Buhari in April. The government is, however, yet to implement it. The delay in t...
Nigerian Trade Union Congress Threaten Industrial Strike Action Over Minimum Wage
August 13, 2019 18:39 - 4 minutes - 5.09 MBNigerian Trade Union Congress (TUC) has threatened the Federal Government with industrial action over minimum wage implementation. The TUC warned that it could embark on industrial action if President Muhammadu Buhari-administration doesn’t implement the new minimum wage by Wednesday, August 14, 2019. The new minimum wage had been passed by the National Assembly in March 2019, and signed into law by President Buhari in April. The government is, however, yet to implement it. The delay in the ...
Nigeria to Spend N1.15 trillion on Nation-wide Electrification Across Four Major Cities
August 13, 2019 17:38 - 4 minutes - 4.42 MBIn order to execute the recent electricity deal signed by the Federal Government of Nigeria and German-based company, Siemen, Nigeria may spend about €3.11 billion or N1.15 trillion across four major states. According to the Technical and Commercial Proposal obtained, the Nigerian electrification project which has three phases and is aimed at achieving 25,000 megawatts of electricity in the country by 2025 will require more than N1.15 trillion to execute. According to the information containe...
Nigeria to Spend N1.15 trillion on Nation-wide Electrification Across Four Major Cities
August 13, 2019 17:38 - 2 minutes - 2.75 MBIn order to execute the recent electricity deal signed by the Federal Government of Nigeria and German-based company, Siemen, Nigeria may spend about €3.11 billion or N1.15 trillion across four major states. According to the Technical and Commercial Proposal obtained, the Nigerian electrification project which has three phases and is aimed at achieving 25,000 megawatts of electricity in the country by 2025 will require more than N1.15 trillion to execute. According to the information cont...
Flood in Southern India - About 165 Feared Dead, 50 Missing And Nearly a Million Displaced
August 13, 2019 16:00 - 1 minute - 1.91 MBUp to 165 people are feared to have died and nearly a million others have been forced to leave their homes following floods in southern India. But the total number of dead is likely to increase as rescue workers search through debris after rivers flooded and buildings collapsed due to torrential monsoon rains. State officials said at least 147 people had died, but some reports put the number at 165. In Kerala, on the tip of India's southeastern coastline, at least 76 people have died, of...
Flood in Southern India - About 165 Feared Dead, 50 Missing And Nearly a Million Displaced
August 13, 2019 16:00 - 4 minutes - 3.74 MBUp to 165 people are feared to have died and nearly a million others have been forced to leave their homes following floods in southern India. But the total number of dead is likely to increase as rescue workers search through debris after rivers flooded and buildings collapsed due to torrential monsoon rains. State officials said at least 147 people had died, but some reports put the number at 165. In Kerala, on the tip of India's southeastern coastline, at least 76 people have died, offici...
Ethiopia to Proceed With Planned 2020 Elections, The Ruling Coalition Disclosed
August 13, 2019 15:46 - 1 minute - 2.03 MBEthiopia’s ruling coalition said it will hold a national election next year, defying worries over security and displacement in the Horn of Africa country that had led some to speculate the election might be postponed. The executive committee did not give a date for the poll. “The executive committee have decided the election to be conducted next year,” committee member Getachew Reda said. An attempted coup in June by a rogue militia in the northern Amhara region had raised doubts over the...
Ethiopia to Proceed With Planned 2020 Elections, The Ruling Coalition Disclosed
August 13, 2019 15:46 - 3 minutes - 3.6 MBEthiopia’s ruling coalition said it will hold a national election next year, defying worries over security and displacement in the Horn of Africa country that had led some to speculate the election might be postponed. The executive committee did not give a date for the poll. “The executive committee have decided the election to be conducted next year,” committee member Getachew Reda said. An attempted coup in June by a rogue militia in the northern Amhara region had raised doubts over the rul...
Nigerian Islamic Movement Leader Departs to India For medical Treatment With Wife
August 13, 2019 15:37 - 2 minutes - 2.02 MBLeader of the Islamic Movement in Nigeria, Sheikh Ibrahim El-Zakzaky, and his wife, Zeenat, departed the Nnamdi Azikiwe International Airport Abuja Monday evening for their trip to India for medical treatment. This was sequel to the order of Justice Darius Khobo of the Kaduna State High Court granting El-Zakzaky and his wife leave to undergo treatment at an Indian hospital of their choice. El-Zakzaky , and his wife , had last week turned down the Federal Government’s offer of a private jet...
Nigerian Islamic Movement Leader Departs to India For medical Treatment With Wife
August 13, 2019 15:37 - 1 minute - 1.8 MBLeader of the Islamic Movement in Nigeria, Sheikh Ibrahim El-Zakzaky, and his wife, Zeenat, departed the Nnamdi Azikiwe International Airport Abuja Monday evening for their trip to India for medical treatment. This was sequel to the order of Justice Darius Khobo of the Kaduna State High Court granting El-Zakzaky and his wife leave to undergo treatment at an Indian hospital of their choice. El-Zakzaky , and his wife , had last week turned down the Federal Government’s offer of a private jet...