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Elizabeth Williams

Rail Construction: Xray On Chinese Belt And Road Initiatives In Nigeria – Report

The Nigerian Railway Corporation (NRC) has announced that it will commence full commercial operations of the standard gauge railway service from Lagos to Ibadan...

South African Government Sells 51% Stake In SAA To Consortium

The South African government is selling a 51% stake in South African Airways (SAA) to Takatso consortium, which will initially commit more than 3...

Reactions Trail CBN Digital Currency Launch By End Of 2021

The Central Bank of Nigeria (CBN) recently in Lagos said that its digital currency might be launched by the end of 2021. Rakiya Mohammed, an...

Global Markets-Stocks Wait At Record Peaks For Fed; Oil Marches Higher

Global shares held near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick...

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Oil Prices Jump Over 2% As Iran Retaliates Against Fresh US Strikes In Hormuz

Crude oil prices surged by more than two per cent on Wednesday, extending their gains to around 10 per cent this week after fresh US strikes on Iran triggered retaliatory attacks across the Middle East. The renewed military confrontation has also rattled financial markets, with stocks falling and...

Niger: Borgu Residents Flee To Benin Republic As Insecurity Worsens

Residents of Borgu Local Government Area of Niger State are reportedly leaving their communities and crossing into the Benin Republic as persistent attacks by armed men continue to heighten insecurity in the area. The development was disclosed by the African Democratic Congress (ADC) House of Representatives candidate for...

Nepal Flood Death Toll Hits 1,114 As 3,916 Remain Missing After Devastating Disaster

At least 1,114 people have died in Nepal following devastating flash floods and landslides along the China-Nepal border, while 3,916 others remain missing, according to the country’s disaster authority. The updated figures were released on Wednesday, one week after the disaster struck, as rescue teams continued efforts to...