IMF urges Uganda to enhance anti-money laundering efforts to be removed from the Financial Action Task Force grey list. Resource constraints challenge the effective supervision of anti-money laundering measures in Uganda’s financial sector, according to the IMF. Trade-based money laundering costs Uganda over $6.6 billion in lost trade income, with gold and petroleum goods being major casualties….
Amid global inflation concerns, the Central Bank of Nigeria (CBN) asserts the nation fares better than many African peers.The inflation rise was attributed to the Russia-Ukraine conflict and shifts in global energy and property markets. Amidst rising inflation, the Central Bank of Nigeria (CBN) offers perspective on Nigeria’s economic performance relative to other African nations….
He also extended his gratitude to his fans and supporters for their support and well wishes. Popular Nigerian comedian Ayodeji Makun has penned a loving message to his wife Mabel for being his rock after their home caught fire in Lekki. He took to his Instagram page in the morning of Wednesday, August 9, 2023,…
Mamora stated that sponsoring the National Tobacco Control Bill was a tough battle but that CAPPA and CAT were very supportive. The Corporate Accountability and Public Participation Africa (CAPPA), an NGO, has lauded former minister, Sen. Olorunnimbe Mamora for sponsoring the National Tobacco Control Bill. The Executive Director of CAPPA, Mr Akinbode Oluwafemi, gave the…
Spotify has begun rolling out DJ, in Beta, to Premium users in Nigeria which is set to further connect artists and fans in a deeper, more meaningful way. The beauty of these experiences is the AI’s ability to deliver the right piece of music for that exact moment in time, and maybe even connect listeners…
The speaker directed the nominees to make available 25 copies of their CVs and appear before the house on Thursday for screening by 10a.m. Gov. Peter Mbah of Enugu State, has submitted additional list of five commissioner nominees to the state House of Assembly for consideration. This is contained in a letter sent to the…
Food consumption and money distribution are causing major drama among the housemates. The All Star housemates are currently fighting over food consumption and distribution on the ongoing Big Brother Naija. The recent flare-up of the food wars came to a head during a heated discussion among the housemates, who shared their grievances over the distribution…
These professionals, who have excelled abroad, are being beckoned to return and contribute to their homeland’s progress. The Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, has extended a warm invitation to Nigerian doctors practicing abroad to return home. Lt. Gen. Lagbaja assured these doctors that the Nigerian Army stands prepared to absorb them into…
NGO boss noted that indigenous people as non-dominant groups, are susceptible to undue deprivations and oppressions. An Abuja-based NGO, Save Our Heritage Initiative (SOHI), on Wednesday, August 9, 2023 called for renewed commitment toward protecting indigenous people and their rights. The Chief Executive Officer of the group, Ms May Ikokwu, made the call in an…
Here are five prominent Nigerians who have cautioned President Tinubu on the proposed military intervention in Niger. Since the Economic Community of West African States (ECOWAS) threatened the Niger junta with military intervention, Nigerians have been speaking against the development. Last week, ECOWAS which has the support of Western countries and the United Nations handed…
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