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U.S. approves $500m arms sales to Taiwan

 The U.S. has approved a 500-million dollar potential sale of weapons to Taiwan to help boost the island’s airspace defence capability. The U.S. Defence Security Cooperation Agency (DSCA) said in a Wednesday statement that the sale would include F-16 Infrared Search and Track (IRST) systems and related equipment. “The proposed sale will improve the recipient’s […]

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IMF releases $7.5 bn loan for Argentina

The International Monetary Fund (IMF) has released a loan tranche of $7.5 billion for Argentina, in a deal that took four months to negotiate. The IMF Executive Board announced the deal in Washington on Wednesday. “The IMF Executive Board completed today the fifth and six reviews of Argentina’s 30-month Extended Fund Facility (EFF). “The Board’s […]

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NESG, CBN discuss synergy, economic stability

By Kadiri Abdulrahman The Nigerian Economic Summit Group (NESG), on Tuesday, held discussions with the Central Bank of Nigeria (CBN) on areas of collaboration towards achieving economic stability. According to a statement by the NESG, the discussions took place when the group’s Board of Directors led by its Chairman, Mr Niyi Yusuf, paid a courtesy […]

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UniCal replaces suspended Dean of Law faculty

By Christian Njoku  Prof. Florence Obi, Vice Chancellor of the University of Calabar, has approved the appointment of Dr. Rose Ugbe as the Acting Dean, Faculty of Law. A statement by the Registrar of the University, Mr Gabriel Egbe, said that Ugbe would replace Prof. Cyril Ndifon, the former Dean, who was suspended on Aug. […]

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Libya deports 486 illegal migrants

 Libyan Interior Minister, Emad al-Tarabelsi, on Tuesday announced that 486 illegal migrants had been deported to their countries of origin. The minister said this at a press conference, adding that 294 of illegal migrants were from Egypt, while the others were from different African countries. Al-Tarabelsi said the deportees included those recently left stranded near […]