Access Bank Plc has further demonstrated its commitment to making a difference through charity as the Bank successfully hosted its maiden Polo tournament. The programme held at the prestigious Val de Vie Polo Club in Cape Town, South Africa. The event held to further create awareness and raise funds to support the education of underprivileged children in Africa. In partnership Read More
The frequent killing of Nigerians in South Africa over the years has attracted concerns among Nigerians globally, with its nationals seeking an end to the causal slaying of their compatriots.Their concerns stem from the fact that relationship between Nigeria and South Africa, both African economic giants since independence era, has always been cordial and mutually beneficial, raising posers as to Read More
Moody’s investors service has said banking sector outlooks for Nigeria, Kenya and Egypt are stable. In fact, it changed Nigeria’s rating from a previous negative to now stable. It however said, outlooks for South Africa are negative. Moody’s said, stable outlooks are supported by economic recoveries in the wake of the pandemic in the wake of the pandemic and that Read More
In separate messages to Nigerians for the new year, the President of the Senate, Ahmad Lawan, and Southern senators have urged Nigerians to keep faith in the Nigerian project as the “challenging phase will be a thing of the past.” Lawan in a statement said though 2021 was challenging for people all over the world, “it is praiseworthy that beyond Read More
Archbishop Desmond Tutu, the Nobel Peace prize laureate who helped end apartheid in South Africa, has died aged 90. President Cyril Ramaphosa said the churchman’s death marked “another chapter of bereavement in our nation’s farewell to a generation of outstanding South Africans”. He said Archbishop Tutu had helped bequeath “a liberated South Africa”. Tutu was one of the country’s best Read More
Nigeria and South Africa are renewing their bilateral ties for mutual benefits. In this report, IDACHABA SUNNY ELEOJO examines the history of the ties and benefits of such consummation. What is today referred to as Nigeria/South Africa bilateral relationship started in 1999 during the administration of former President Olusegun Obasanjo in what was known as Nigeria/South Africa Bi-National Commission with Read More
Pfizer-BioNTech’s COVID-19 vaccine has been less effective in South Africa at keeping people infected with the virus out of hospital since the Omicron variant emerged last month, a real-world study published on Tuesday showed. Between Nov. 15 and Dec. 7, people who had received two doses of the shot had a 70% chance of avoiding hospitalisation, down from 93% during Read More
After more than one year of inactivity, one of Africa’s biggest airlines, South African Airways (SAA) has concluded plans to resume the lucrative Johannesburg-Lagos route beginning from December 12, 2021. The carrier’s addition of the Johannesburg-Lagos route is another important continental route to its network with a three-times a week flight to Lagos in Nigeria. The interim CEO of South Read More
Speaker of KwaZulu Natal legislature in South Africa, Hon. Boyce Nontembeko, has advised African Parliamentarians to legislate strong laws that would enable successful prosecution of rape cases in the court of law, with the view to bringing suspects to book. Current legislations in most African countries, especially Nigeria, make it practically impossible to establish a case of rape or securing Read More
South Africa’s last white president Frederik Willem (FW) de Klerk died on Thursday morning at his home in Cape Town, the FW de Klerk Foundation said in a statement. “Former President FW de Klerk died peacefully at his home in Fresnaye earlier this morning following his struggle against mesothelioma cancer,” the statement said. He was 85 years old. Details loading…
Head Coach Gernot Rohr has called up Odion Ighalo despite his caution against a rush inclusion in the Super Eagles team. Also, the coach has listed team captain Ahmed Musa, deputy captain William Ekong, defenders Kenneth Omeruo and Leon Balogun, midfielders Wilfred Ndidi and Alex Iwobi, forwards Moses Simon and Victor Osimhen, as well as 16 others for Nigeria’s closing Read More
Senior Special Assistant on Jobs Creation to the Kwara State Governor Aliyu Alhassan (left) and Chief Press Secretary to the Governor Rafiu Ajakaye during a press briefing on the state government’s plans to sponsor three winners of “Kwara Pitch Competition” to the Intra-Africa Trade Fair 2021 scheduled for Durban South Africa in November, in Ilorin, on Wednesday.
As member nations prepare for the 2022 Commonwealth Games, Nigeria on Friday in Abuja received the Queen’s Baton Relay, an iconic event which started with a special ceremony at Buckingham Palace in London as part of the city’s Commonwealth Day festivities. The President, Common Wealth Games Nigeria, Engr. Habul Gumel, who received the Queen’s Baton Relay at the Nnamdi Azikiwe Read More
With the completion of its acquisition of a majority stake of about 78.15 per cent in African Banking Corporation of Botswana Limited, Access Bank Plc now has countries, after similar acquisitions in financial institutions domiciled in Zambia, South Africa, Mozambique, among others. The recent move which is in line with the Bank’s commitment to expanding its presence in the African Read More
Governor Seyi Makinde has said that only a restructured Nigeria will help the nation regain her past glory among the comity of nations. The governor stated this Saturday at the launch of SATVIEW Network digital broadcast channel, held at the SATVIEW Network headquarters, Ring Road, Ibadan. He pointed out that with the present situation in the country, it is clear Read More
Nigeria has fallen behind Egypt in Foreign Direct Investment, according to a report by the African Development Bank. The new report states that four African countries accounted for 80 per cent of investments coming into the continent. Nigeria was placed among the top three, with South Africa coming third, the new report titled, ‘Entrepreneurship and Free Trade Volume II – Read More
Former Central Bank of Nigeria (CBN) Governor, Khalifa Muhammad Sanusi has sounded the death knell for Nigerian economy, noting that crude oil on which the economy is anchored has no future and is no longer sought after globally. Addressing the sixth Kaduna Investment Summit, after inaugurating the state development plan 2021 to 2023, to transform the state into a knowledge-based economy, the Read More
South African lender Absa has put on ice plans to expand into new business lines in Nigeria, a country previously at the centre of its African ambitions, interim boss Jason Quinn said on Monday. Former Chief Executive Maria Ramos and others had previously touted growth in Nigeria beyond its existing securities business as key to the group’s aim of doubling Read More
Africa’s richest man, Aliko Dangote has significantly moved up in the World Billionaires’ list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaires lists. Other Africans on the list are three South Africans; Johann Rupert and family, worth $10.1 billion; Nicky Oppenheimer with a Read More
South Africa’s MTN Group has repatriated its last year’s dividend of around $280 million (R4.2 billion) from its local unit in Nigeria. The company reported the payout during the release of preliminary financial results for the six months to June 30, 2021. The funds from Nigeria are part of approximately $650 million (R9.3 billion) in cash the pan-African telecoms giant Read More
MTN Nigeria Communications Plc (MTN Nigeria) has said it will invest fresh N600 billion to expand its network across the country in the next three years. This is even as the telecom operator’s mobile subscribers declined by 7.6 million to 68.9m impacted by the regulatory restrictions on new SIM sales and activations for almost five months. The South African telecom Read More
Poor macroeconomic conditions such as high misery index, sluggish growth and fast spread of the delta variant is responsible for the protests that have hit tow African giants – Nigeria and South Africa, Bismarck Rewane, Chief Operating Officer (COO) of Financial Derivatives Company Limited (FDC) has said. South Africa is currently facing a third wave of the virus, while Nigeria Read More
Yesterday, Nigeria joined the rest of the world to mark this year’s Nelson Mandela International Day, also known as Mandela Day. The theme of this year’s celebration is “One Hand Can Feed Another”. The theme prioritises action against hunger and continuing fight against poverty. The Nelson Mandela Foundation calls on all Nelson Mandela Day Global Network to help alleviate hunger Read More
Raja Casablanca won the Caf Confederation Cup with a 2-1 victory over JS Kabylie on Saturday evening. First-half goals from Soufiane Rahimi and Ben Malango Ngita were all the Green Eagles needed to emerge as winners inside Cotonou’s Stade de l’Amitie. Although they played the last 27 minutes with a man less following the dismissal of Omar Arjoune for a Read More
South Africa’s former President Jacob Zuma has handed himself in to police to begin serving a 15-month jail sentence for contempt of court. He was admitted to Estcourt Correctional Centre in his home province of KwaZulu-Natal on Wednesday. Police had warned that they were prepared to arrest him if he did not hand himself in by midnight. Zuma, 79, was Read More
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