Ivorian Prime Minister Dies Suddenly at 61

The Prime Minister of Cote d’Ivoire, Amadou Gon Coulibaly is dead. He died shortly after attending a cabinet meeting at the presidential palace in Abidjan on Wednesday afternoon, President Alassane Ouattara said. Ouattara described Coulibaly, who died at the age of 61 as his “closest collaborator” for 30 years, as he presented his condolences to the statesman’s “large family.” The president did not share details of the death. Coulibaly died after attending his first cabinet...

Unaudited Results: NSE Warns Investors on Shares of 13 Firms

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The News Agency of Nigeria (NAN) reports that the affected companies include Aso Savings and Loans, Deap Capital Management & Trust, DN Tyre & Rubber, FTN Cocoa and Goldlink Insurance. Others are International Energy Insurance, Medview Airline, Resort Savings & Loans, Staco Insurance, Standard Alliance Insurance, UNIC Diversified...

Access Bank to Acquire 100% Stake in Zambian Bank

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its Company Secretary. It said the acquisition plan would be consummated through its Zambian subsidiary, Access Bank Zambia Limited. “Access Bank has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc, regarding a potential transactions...

DAILY UPDATES: Nigeria COVID-19 Cases Hits 30,249 with 460 Wednesday

Nigeria COVID-19 cases jumped to 30,249 cases as the country recorded 460 new cases on Wednesday, the Nigeria Centre for Disease Control (NCDC) announced on its official twitter handle. The NCDC said that as at July 8 new confirmed cases was 460 with 15 deaths recorded, while no new state had reported a case in the last 24 hours. According to it, a total of 30,249 cases have been confirmed, 12,373 cases discharged and 684...

PDP Urges FG to Prosecute Magu

The Peoples Democratic Party (PDP) has demanded for the prosecution of suspended acting Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Ibrahim Magu if found wanting. PDP National Publicity Secretary, Mr Kola Ologbondiyan, in a statement on Wednesday in Abuja, said the demand became necessary after reviewing the reported circumstances surrounding the investigation of Magu. Ologbondiyan said that PDP observed that the revelations of alleged corruption detailed in the memo by the Attorney General...

FG Set to Develop Agenda 2050, Inaugurates Central Working Group

The Federal Government is set to develop the country’s” Agenda 2050 and a Medium-Term National Development Plan (MTNDP) 2021-2025 to coordinate sectoral approaches. The Minister of State, Federal Ministry of Finance, Budget and National Planning, Mr. Clement Agba made this known while inaugurating a Central Working Group (CWG) for the programme on Wednesday in Abuja. This is contained in a statement issued by the ministry’s Director of Information, Mrs Imaobong Udoh. The News Agency of...

Zamfara Assembly to Enact Llaws for Stiffer Penalties for Rapists

The Zamfara State House of Assembly says it will soon enact laws to provide for stiffer panelties for rapists and domestic violence offenders. The Speaker, Alhaji Nasiru Magarya, said this while receiving executives of the Women Peace Ambassadors, an NGO, who were on advocacy visit to the Assembly on Wednesday. Magarya, represented by his deputy, Alhaji Musa Bawa, said the legislative arm was poised to fight all forms of social, gender and domestic violence, adding...

Africa Records Over 500, 000 COVID-19 Cases – WHO

The World Health Organisation (WHO) says COVID-19 infections in Africa have surpassed 500, 000 and there is concern as a growing number of countries are experiencing a sharp rise in cases. WHO Regional Office for Africa in Brazzaville, Congo disclosed this in a statement posted on its website. It said, so far, in less than five months, the virus had claimed 11, 959 lives, overtaking the 11, 308 lives lost in the world’s worst Ebola...

WHO to Begin Study on Origin of COVID-19

The World Health Organisation (WHO) says its experts will travel to China to work together with their Chinese counterparts to prepare scientific plans for identifying the zoonotic source of the Coronavirus (COVID-19). WHO, in a statement posted on its website, said the experts would develop the scope and Term of Reference (TOR) for a WHO-led international mission. “Identifying the origin of emerging viral disease has proven complex in past epidemics in different countries. “A well-planned...

FEC Approves N108bn for Road Projects in 4 States

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari on Wednesday in Abuja, approved N108 billion for the construction and rehabilitation of four road projects. The projects are in Adamawa, Borno, Enugu and Rivers states. The Minister of Works and Housing, Babatunde Fashola, stated this announced this while briefing State House correspondents on the outcome of the seventh virtual meeting of the council in Abuja. He said that council approved an augmentation of...

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