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U.N. Food Chief Urges Bezos, Other Billionaires To Step Up To Help World’s Starving

U.N. Food Chief Urges Bezos, Other Billionaires To Step Up To Help World’s Starving

U.N. food chief David Beasley called on the world’s billionaires on Thursday to step up to help save some 30 million people he said are at risk of dying if they don’t receive help from the World Food Programme. Globally some 270 million people were headed toward the brink of starvation and WFP hopes to […]

Ethiopia’s New Currency Notes to Choke Illicit Financial Flows

Ethiopia’s New Currency Notes to Choke Illicit Financial Flows

Ethiopia’s government decision to change banknotes and issue higher denomination bill would have significant importance to curb the rampant illicit money transfer and circulation of false money whilst facilitating transactions, according to a finance expert. Prime Minister Abiy Ahmed announced yesterday that the existing 10,50 and 100 Birr notes are replaced with new notes that […]

Canada Launches Its Black Entrepreneurs Program

Canada Launches Its Black Entrepreneurs Program

The Canadian government has teamed up with some of the country’s largest financial institutions to launch a C$221 million ($168 million) program for Black entrepreneurs to access credit and help them bounce back from the pandemic-induced economic slump. In a joint announcement on Wednesday, Prime Minister Justin Trudeau and Minister of Small Business, Export Promotion […]

Citigroup’s Jane Fraser To Become First Woman To Head A Wall St Bank

Citigroup’s Jane Fraser To Become First Woman To Head A Wall St Bank

Citigroup Inc named consumer banking head Jane Fraser as its next chief executive on Thursday, making her the first woman to lead a major Wall Street bank. Fraser, 53, has been a rising star in the financial industry, with a career that spans investment banking, wealth management, troubled mortgage workouts and strategy in Latin America […]

Govt Sets Registration Deadline For Popular Bloggers, Social Media Users In Uganda

Govt Sets Registration Deadline For Popular Bloggers, Social Media Users In Uganda

Bloggers and social media users with a large following are among those that will have to register with the Ugandan Communication Commission for monitoring before October 5, 2020, according to the organisation’s┬ápublic notice. “The purpose of this Public Notice, therefore, is to advise all persons currently offering or planning to commence the provision of online […]

Nigeria Remains China’s 3rd Largest Trading Partner In Africa

Nigeria Remains China’s 3rd Largest Trading Partner In Africa

The Charge d’Affaire of the Chinese Embassy in Nigeria, Zhao Yong, in this interview with BUKOLA OGUNSINA, said Nigeria is China’s third-largest trading partner after South Africa and Angola. The envoy spoke on China, Nigeria relations in times of COVID-19, cooperation between both countries in terms of infrastructural projects, Hong Kong matters and some of […]

Hike In Shipping Charges Illegal, Could Cripple Nigeria’s Economy

Hike In Shipping Charges Illegal, Could Cripple Nigeria’s Economy

The recent hike in peak period surcharge by the European Community Ship Owners Association on containers billed for Nigeria has sparked outraged from Nigerian importers, regulators, and lawmakers. The PSS was previously $200 but it was jacked to between $1,000 and $1,500 per container. Speaking exclusively to Daily Trust in Abuja, the House Committee Chairman […]

Funding Women’s Innovative Projects Revs Africa’s Economy

Funding Women’s Innovative Projects Revs Africa’s Economy

The world’s first entirely virtual art museum is set to open next month, hoping to bring masterpieces to anyone in the world with an internet connection, according to its British creator. The Virtual Online Museum of Art (VOMA) will feature art from renowned museums such as the Musee d’Orsay in Paris and New York’s Metropolitan […]

Nigeria Has The ‘Most Expensive’ Internet Globally -Study

Nigeria Has The ‘Most Expensive’ Internet Globally -Study

The cost of internet use is so expensive in Nigeria that the country ranks at the very top in a survey of 85 countries of the world. An analysis by Surfshark Press, a United States-based solution provider released Monday, said Nigeria ranks below Columbia and Honduras in terms of internet affordability. “Nigeria has the least […]

Coronavirus Forces Tourism Rethink In World’s Most Visited City

Coronavirus Forces Tourism Rethink In World’s Most Visited City

Bangkok tourist destination Khao San Road is usually heaving with people on weekends, its cheap beer bars, tattoo parlours, street vendors, hostels and buzzing nightlife drawing budget travellers and tour group alike. On a recent Saturday evening, the street was deserted except for a few dozen locals who wandered past boarded up shops, ignoring restaurant […]