ANC party loses Absolute Majority in South African election

Ruling ANC party loses Outright Majority after South Africa general election

South Africa’s ruling party, the African National Congress says it would enter talks with other parties to form a new government, after losing its three-decade-old absolute majority in the last election. With 99.91 percent of the votes from Wednesday’s election counted, President Cyril Ramaphosa’s had only 40.2 percent, a slump from the 57.5 percent it […]

CBN raises Interest Rate from 24.75% to 26.25%

CBN raises Interest Rate from 24.75% to 26.25%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate for the third straight time by 150 basis points from 24.75 per cent to 26. 25 per cent.  The CBN Governor Yemi Cardoso who is also the Monetary Policy Committee (MPC) chairman said the committee at its 295th meeting retained the Cash Reserve […]

Over 800 injured in Taiwan earthquake

Rescue efforts are under way in Taiwan after a 7.4 magnitude earthquake struck the island’s eastern coast, killing at least nine and injuring more than 800. Some 127 people are trapped in collapsed tunnels and on mountainous roads along the rugged coastline. The epicentre was 18km (11 miles) south of Hualien city, but strong tremors […]

Bassirou Faye Sworn in as Senegal’s Youngest President

Bassirou Diomaye Faye, was sworn in yesterday as Senegal’s youngest president after sweeping to a first-round victory, 10 days after being released from prison.  The 44-year-old has never before held an elected office, but several African leaders attended the ceremony in the new town of Diam-nia-dio, near the capital Dakar. Taking his oath, Faye also […]

 JAMB uncovers 1,665 fake A-level results during Direct Entry registration

The Joint Admissions and Matriculation Board (JAMB), says it uncovered over 1,665 fake A’level results during the 2023 Direct Entry (DE) registration exercise. JAMB Registrar, Prof. Is-haq Oloyede, who disclosed this, said out of the figure, “397 were from Colleges of Education, 453 from University diplomas and the rest were other A’level certificates.” In its […]

Senegal President Macky Sall rejects blame for election chaos

Senegal’s president says he does not regret delaying this year’s elections, a move which sparked deadly protests. Macky Sall who said he did not make the decision alone – was responding to concerns raised by parliamentarians. After a violent backlash, many feared the relatively stable nation was slipping into political crisis. However, the attempt to […]

House of Reps Speaker states the need for devolution of powers

The Speaker of the House of Representatives, Hon Abbas Tajudeen has stressed the need for devolution of powers, including STATE POLICING, and enhancement of FISCAL FEDERALISM, amongst others. Hon Tajudeen who stated this while inaugurating the House Committee on the review of the 1999 Constitution today, noted that the Committee will put into consideration; decongesting […]

DSS warns NLC against plans to stage protests

The Department of State Services (DSS) has warned against plans by sections of the organised labour to stage protests between 27th and 28th February, 2024 in parts of the country over sundry economic issues.  According to a statement by its Director, PR & Strategic Communications, Peter Afunanya, while the Service recognises such action as the […]

Guinea’s military junta dissolves government and seals borders

Guinea’s military junta, which seized power in a coup in September 2021, has dissolved the government. The announcement was made through a presidential decree read on state TV on Monday by the presidency’s Secretary General, Brig Gen Amara Camara. Mr Camara did not disclose the reason for the dissolution or say when a new government […]

State Police Bill Passes Second Reading at House of Reps

A bill seeking to establish state police has passed second reading at the House of Representatives. Our correspondent Nathan Williams reports that the bill sponsored by Benjamin Kalu, deputy speaker of the house, and 14 others, proposes to transfer the term “police” in the 1999 constitution from the exclusive legislative list to the concurrent legislative […]