Femi Otedola, Nigerian billionaire, business tycoon and chairman of Geregu Power Plc has acquired an additional stake in FBN Holdings Plc, the parent company of First Bank, Nigeria’s oldest bank. It has been confirmed that Mr Femi Otedola had acquired…
United Bank for Africa acquired ownership of Abuja Electricity Distribution Company (AEDC). A new management team was appointed by the Bureau of Public Enterprises for the company, 24hours after the acquisition. The members of the interim management team include Bada…
Burkina Faso’s Prime Minister Christophe Joseph Marie de Dabire and his cabinet resigned on Wednesday as protests escalated over authorities’ inability to tackle a wave of jihadist attacks that have left thousands dead. President Roch Marc Christian Kaboré, who had…
The United Arab Emirates, UAE borrows a leaf from Kaduna State in Nigeria – slashes its official working week to four-and-a-half days and moves its weekend to Saturday and Sunday in a major shift aimed at improving competitiveness, officials said…
Gambian President Adama Barrow won a second term after the election results were announced on Sunday evening. According to the electoral commission, Barrow obtained more than 53% of the vote of the turnout that was 87% in Saturday’s election, far…
Doctors and dentists in Benue State under the aegis of the National Association of Government General Medical and Dental practitioners (NAGGMDP) will go on an indefinite strike on Tuesday over payment arrears. The group, wrote a letter to Benue state…
Since June 2014, Africa’s richest man Aliko Dangote has been on track to end the year at the richest level, bolstered by his second consecutive year of income growth in his cement unit. The increase in the stock price of…
The late Libyan leader Muammar Gaddafi’s son could compete in the next presidential elections. On Thursday, the Libyan court ruled, overruling the decision of the country’s top electoral body to disqualify him. Libyan media outlets reported that a court in…
Christian Association of Nigeria, Kaduna State chapter on Tuesday has addressed Governor Nasir El-Rufai concerning the issue of the reduction of working days of public servants to a four-day workweek. The announcement was made on Monday by the Kaduna state…
A four-day working week had been announced on Monday by the Kaduna State Government. This transition will be starting from December 1, 2021. The aim of the transition is to allow civil servants to work from home one day a…
