Stanbic IBTC Shines: H1 2023 Profits Skyrocket by 121%, announces ₦1.50 interim dividend

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has released its audited financial results for the first half of 2023, showcasing a remarkable surge in profitability and key financial metrics. In the first half of 2023, Stanbic IBTC…

AU suspends Niger until restoration of constitutional order

The African Union (AU) Commission has on Tuesday suspended Niger from the pan-African bloc until normal constitutional order is restored in the country following the latest military coup. The decision to suspend Niger from AU membership was made by the…

Time to create ministry of blue economy — Ehi Braimah

We are living in a world today that is full of uncertainties, but in order to survive, we must be willing to adapt to the changes taking place around us. Nigerians are trying to adjust and adapt to the prevailing…

Putin claims Russia has signed military deals with 40 African countries

Russia has signed agreements for military cooperation with over 40 African countries, Russian President Vladimir Putin announced on Friday in St Petersburg. “For the purposes of bolstering the defence capability of the continent’s countries, we are developing partnerships in the…

AU condemns coup attempt in Niger

Chairperson of the African Union (AU) Commission, Moussa Faki Mahamat on Wednesday condemned the coup attempt in Niger. Mahamat, in a statement issued by the commission, expressed “strong” displeasure with the development. Reports had indicated that access to the residence…

Somali military says 40 Al-Shabaab fighters killed, aided by U.S.

The Somali military said on Sunday it had killed around 40 fighters and commanders of the Islamist terrorist militia Al-Shabaab. The United States supported the Somalis with three air strikes during fighting in the south of the country near the…

Al-Shabab attacks AU peacekeeper mission base in Somalia

Al-Shabab fighters have attacked a military base housing Ugandan forces of the African Union peacekeeping mission in Somalia, according to the East African country’s contingent and a Somali captain. The rebels attacked the base belonging to the African Union Transition…

Adaptation Acceleration Programme: AU hails Netherlands’ contribution of €110m

The African Union (AU) has welcomed the Netherlands’ contribution of 110 million Euros in support of the Africa Adaptation Acceleration Programme (AAAP). In a statement issued on the website of the African Development Bank (AfDB), the support is coming ahead…

Meet the African authors and artists selected for African Union’s 20th anniversary celebration

Ten African writers and visual artists who will contribute their creative ideas to the African Union’s 20-year celebrations have been selected as part of the AU20 Artists & Writers Residency Programme. According to an APO statement, following an Africa-wide call,…

Rights Group calls Ethiopian, Tigrayan truce a ‘crucial opportunity’

Human Rights Watch said Friday that a truce reached by Ethiopia and Tigrayan authorities earlier in the week “provides a crucial opportunity for immediate and rigorous international monitoring to avert further atrocities and a humanitarian catastrophe.” The cessation of hostilities…

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