There are indications that the Office of the Attorney General of Switzerland (OAG) may have blocked various bank accounts in Switzerland belonging to Nigerians and other suspected fraudsters over an alleged oil bribery scheme linked to Nigeria, Swiss Info reports. Executives from oil giants Shell and Eni are due to stand trial in Milan, Italy, […]
The National Drugs Law Enforcement Agency (NDLEA) has arrested a trailer loaded with 24,000 bottles of cough syrups containing codeine in Funtua local government area of Katsina State. The NDLEA State Commandant, Hajiya Maryam Gambo Sani disclosed this during a press briefing to newsmen on Tuesday in Katsina. She said that six persons were arrested […]
US President Donald Trump on Monday made a controversial call for drug traffickers to face the death penalty, as part of his plan to combat America’s opioid epidemic — a move that appears to be as much about politics as policy. The call also appears to be getting a buy in from governments around the […]
Car manufacturing is one area where automation is increasing. Within less than two decades it will be cheaper to operate robots in US factories than hire workers in Africa, a new report warns. Falling automation costs are predicted to cause job losses as manufacturers return to richer economies.Some analysts say poorer countries could be less […]
A civil society organization, Socio-Economic Rights and Accountability Project (SERAP) has written the United Nations Security Council asking that herdsmen who have been blamed for killings in various parts of Nigeria be declared a terrorist organization. SERAP also demanded that the UN Security Council should a special meeting focused on the state of insecurity in […]
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose. Investors covered short bets ahead of a weekend in which the U.S. news programme “60 Minutes” will air an interview with Saudi Arabia’s crown prince. Brent futures rose to more than 66.42 dollars, […]
The revelation by a Nigerian Senator Shehu Sani that lawmakers in the upper house of parliament receive about $37,500 each month for personal expenses has prompted anger in the west African country, where most people live on less than $2 a day. Senator Sani, who represents people in the northwestern state of Kaduna, said Senate […]
United Nations staff in Geneva has called a strike for Friday after winning support from 90 per cent of more than 1,000 employees who cast ballots, the staff council said. “The rare move will shut down the Human Rights Council and other meetings held at the UN European headquarters in the Swiss city,” it said […]
A UN expert committee has announced that four countries could soon “graduate” from the ranks of the world’s poorest and most vulnerable nations. The four countries are: Bhutan, Kiribati, Sao Tome and Principe and the Solomon Islands, according to Mr Jose Ocampo, chair of the Committee for Development Policy (CDP). Ocampo said the countries had […]
Some financial experts have condemned lack of monetary policy direction and delay in the passage of the 2018 appropriation Bill in the country. Some of them who spoke to the News Agency of Nigeria (NAN) on Thursday in Lagos said the situation was presently affecting foreign investors’ confidence in the Nigerian stock market. They said […]