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FG approaches World Bank for another $2.5bn loan

FG approaches World Bank for another $2.5bn loan

The Federal Government is currently discussing with the World Bank for a fresh $2.5bn loan. World Bank Vice President for Africa, Hafez Ghanem, disclosed this in an interview in Abuja on Wednesday, Bloomberg reported. Nigeria received $2.4bn from the World Bank in the past year, according to Ghanem. “We are talking about a new set of programmes of about the ... Read More »

Buhari off to New York on Sunday for UN General Assembly

Buhari off to New York on Sunday for UN General Assembly

  President Muhammadu Buhari will depart Abuja Sunday for New York, United States to participate in the 74th Session of the United Nations General Assembly (UNGA74) which opened on Tuesday, September 17. Presidential spokesperson, Femi Adesina in a statement said “The President’s participation at this year’s gathering of world leaders is particularly significant as it coincides with Nigeria’s Presidency of ... Read More »

Analysis: The world ignored the warning signs – and now the Middle East is on the brink, By Simon Tisdall

Analysis: The world ignored the warning signs – and now the Middle East is on the brink, By Simon Tisdall

  *Simon Tisdall* Like a furious maelstrom, roiled by opposing currents, the crisis in the Gulf gains in intensity and destructive power almost by the day. On Sunday, Donald Trump said the US was “locked and loaded”, ready to respond to attacks on an oil facility in Saudi Arabia, in which it believes Iran was involved. But warning bells, akin ... Read More »

Brent crude oil jumps the most in history after Saudi attacks

Brent crude oil jumps the most in history after Saudi attacks

Key Points • Iranian president Hassan Rouhani said the attacks on Aramco were a “reciprocal response” to the aggression against Yemen. • A Saudi-led military coalition said the attack was carried out by “Iranian weapons” and did not originate from Yemen. • President Donald Trump said he was authorizing the release of oil from the Strategic Petroleum Reserve to keep ... Read More »

Nigerian businessman drags Dubai Bank to court over bogus interest charges

Nigerian businessman drags Dubai Bank to court over bogus interest charges

In a bid to safeguard his business interest against alleged excessive and bogus interest charges, a Dubai-based Nigerian businessman, Adedoyin Adeyinka, alongside his two companies – UNICO MARINE DWC LLC, and ELIZABETH SHIPPING LTD – have dragged Dubai United Arab Emirates bank, National Bank of Fujairah PJSC, before a Federal High Court in Lagos, Nigeria. In a statement of claim ... Read More »

South Africa Apologises To Nigeria Over Xenophobic Attacks

South Africa Apologises To Nigeria Over Xenophobic Attacks

  South African President, Cyril Ramaphosa has rendered an apology to Nigeria over the xenophobic attacks on Nigerians living in South Africa. The apology was contained in a message delivered on Monday to President Muhammadu Buhari by South African special envoy, Jeff Radebe, at the Presidential Villa, Abuja. Mr Radebe who was accompanied by South African High Commissioner to Nigeria, ... Read More »

Xenophobia: The man who ignited the fire

Xenophobia: The man who ignited the fire

  THIS is the man whose campaign ignited the latest xenophobic attacks on foreigners in South Africa. Zweli Ndaba leads a group called the Sisonke People’s Forum. Ndaba, according to the Mail and Guardian of South Africa, mobilized hostel residents in Johannesburg and the All Truck Drivers Foundation to organize a national shutdown. His resort to the mobilization followed the ... Read More »

Rebels attack world’s largest oil refinery in Saudi Arabia

Rebels attack world’s largest oil refinery in Saudi Arabia

  By The State Online with agency reports Iran-allied Houthi rebels in Yemen have claimed responsibility claimed responsibility for an armed drone attack early Saturday, Sept. 14 on Saudi Aramco’s Abqaiq refinery. It is the world’s largest   world’s largest oil processing facility. The rebels also hit the Khurais oil field, a major site operated by Saudi Aramco. Both attacks sparked massive fires ... Read More »

Ramaphosa cancels plan to attend UN meeting

Ramaphosa cancels plan to attend UN meeting

The office of the president of South Africa on Thursday said President Cyril Ramaphosa has cancelled his plan to attend the upcoming UN General Assembly meeting because he has to `concentrate on critical issues’ at home. The presidency said the president has instructed Minister of International Relations and Cooperation Naledi Pandor to lead the South African delegation to attend the ... Read More »

Deterrence in Cyberspace Requires Multifaceted Approach- US Dept of Defense official

Deterrence in Cyberspace Requires Multifaceted Approach- US Dept of Defense official

Defending in cyberspace is only half the battle. Making it clear to adversaries that the United States is capable of engaging in damaging cyberattacks of its own is a way of deterring adversaries from acting in the first place, a senior Defense Department official told lawmakers on Capitol Hill. B. Edwin Wilson, deputy assistant secretary of defense for cyber policy, ... Read More »

Lessons from South Africa, By Bola Bolawole

Lessons from South Africa, By Bola Bolawole

In the “xenophobic” response to the xenophobic attack on foreigners by black South Africans, useful lessons which ought to have been learnt, first to prevent a reoccurrence and, secondly, to avoid and or avert a tragedy of greater monumental proportions here in Nigeria, will be lost if care is not taken. “Sunkun muus, riran muus”, as they say! It sounds ... Read More »

188 Nigerians return from South Africa

188 Nigerians return from South Africa

  Hon Abike Dabiri-Erewa, CEO of Nigerians in Diaspora Commission addressing the press on arrival of the returnees* The Air Peace flight MEN2759 conveying 188 Nigerians from South Africa on Wednesday night arrived at the international wing of the Murtala Muhammed International Airport (MMIA) in Lagos at 9:35 pm local time. The aircraft departed the OR Tambo International Airport in ... Read More »

A Post-Soviet “War and Peace”:What Tolstoy’s Masterwork Explains About Putin’s Foreign Policy

A Post-Soviet “War and Peace”:What Tolstoy’s Masterwork Explains About Putin’s Foreign Policy

  Tolstoy* By Michael Kimmage On February 23, 2014, Russian President Vladimir Putin attended the final day of the Winter Olympics in Sochi, the most expensive winter games to date and the first hosted by an Eastern-bloc country since the Soviet Union’s collapse. Amid the fanfare and the flag-waving, the Russian leader’s attention was likely elsewhere—across the Black Sea, on the ... Read More »

Xenophobic attacks: Buhari, intelligence chiefs review Special Envoy’s report

Xenophobic attacks: Buhari, intelligence chiefs review Special Envoy’s report

President Muhammadu Buhari on Tuesday met behind closed doors with the heads of some security agencies. The meeting was held at the President’s office, in Abuja. At the meeting were the Inspector-General of Police (IGP), Mohammed Adamu; National Security Adviser, Babagana Monguno; and the Director-General of the National Intelligence Agency (NIA), Ahmed Rufai-Abubakar. The meeting, according to sources, was convened ... Read More »

Xenophobia: African Commission agrees to take appropriate action on request for $10bn compensation for victims

Xenophobia: African Commission agrees to take appropriate action on request for $10bn compensation for victims

 There is prospect Nigerian victims of xenophobic attacks in South Africa may soon get some justice, as Ms Soyata Maiga, Chairperson, African Commission on Human and Peoples’ Rights has agreed to “take appropriate action” on request by Socio-Economic Rights and Accountability Project (SERAP) asking the commission to “submit a case on the escalating xenophobic attacks against Nigerians and other African ... Read More »

Xenophobic attacks: FG will continue to press for compensation for victims- Dabiri-Erewa

Xenophobic attacks: FG will continue to press for compensation for victims- Dabiri-Erewa

  By Haruna Salami Chairman, Nigeria Diaspora Commission, NIDCOM, Hon. Abike Dabiri-Erewa has assured Nigerians that the Federal Government will continue to press for compensation to be paid by South Africa to Nigerians whose properties and businesses were destroyed in South Africa due to Xenophobic attacks She urged Nigerians to remain calm and not take the law into their hand ... Read More »

Xenophobia: Buhari receives report of Special Envoy to S Africa, directs on next steps

Xenophobia: Buhari receives report of Special Envoy to S Africa, directs on next steps

“President Buhari has taken note of the report and instructed the Honourable Minister of Foreign Affairs to continue to engage with appropriate Authorities on the concrete measure the South African Government is expected to take.” Press Statement XENOPHOBIC ATTACKS: PRESIDENT BUHARI RECEIVES REPORT OF SPECIAL ENVOY TO SOUTH AFRICA, DIRECTS ON NEXT STEPS In the wake of the xenophobic attacks ... Read More »

A warning for the Foreign Minister and people of South Africa

A warning for the Foreign Minister and people of South Africa

By Femi Fani-Kayode I would appreciate them in helping us as well to address the belief our people have and the reality that there are many persons from Nigeria dealing in drugs in our country”- Dr. Grace Naledi Mandisa Pandor, South African Minister of International Relations. Is this the sort of thing that ought to be said by the South ... Read More »

Xenophobia: Protesters, foreigners clash in Johannesburg

Xenophobia: Protesters, foreigners clash in Johannesburg

……as Air Peace arrives the former apartheid enclave to bring home stranded Nigerians At least two persons were confirmed to have been injured in renewed xenophobic attacks in South Africa. The attacks, according to reports, broke out few hours ago when armed protesters stormed the streets of Johannesburg demanding the departure of foreigners. It was gathered the protests, which led ... Read More »

Fresh violence builds up in S/Africa as armed protesters ask foreigners to leave

Fresh violence builds up in S/Africa as armed protesters ask foreigners to leave

A fresh round of violence is currently building up in Johannesburg, South Africa, as armed protesters are out again, demanding that foreigners should return to their respective countries. According to Sowetan Live, a South African newspaper, the protesters, who carried weapons such as knobkerries, are waiting to be addressed by Mangosuthu Buthelezi, a notable politician and Zulu tribe leader. This ... Read More »