The United Nations says more than 12 African migrants were shot dead by human traffickers while attempting to escape a camp in Libya, where some were subjected to “torture” and “abuse and exploitation”. “Human traffickers in Libya reportedly killed more than a dozen people and wounded many others after a group of some 200 Eritreans, […]
There were about 41 million people counted as international migrants either coming from, going to or moving within Africa, said a United Nations Conference on Trade and Development (UNCTAD) 2018 report on migration unveiled on Thursday in the Ethiopian capital, Addis Ababa. While some 19 million resided in Africa, 17 million left the continent while […]
The Court of Appeal Lagos, on Friday, discharged and acquitted a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, who was charged with alleged N2.6 billion fraud. Others charged alongside Akpobolokemi were Ezekiel Agaba, Ekene Nwakuche, Governor Juan, Blockz and Stonz Ltd and Al-Kenzo Logistics Ltd. In a lead judgment […]
Benchmark indices for oil were in a wide spread Thursday as U.S. oil inventories swell and global economic pressures intensify on the back of tariff concerns. U.S. President Donald Trump is widely expected to follow through with a decision to impose tariffs on steel and aluminum imports from Canada, Mexico and the European Union, among […]
There is a steady flow of customers, the dirt car park is filled with vehicles, and the stalls at Oluwo market in Epe outside Lagos city are full. The market is one of the biggest in this West African country where bushmeat is sold. The mood is festive and everyone from traders to customers appears […]
Barclays Africa plans to join the Nigerian Stock Exchange in July and is exploring opportunities in three other African countries, in a move to create access for foreign investors looking to tap into markets on the continent. Garth Klintworth, head of markets for Barclays Africa Group, on Thursday said its subsidiary Absa Nigeria had acquired […]