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Showing posts from October 25, 2015

No further devaluation of the Naira, CBN replies Sanusi

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The Central Bank of Nigeria (CBN) yesterday dismissed the call for further devaluation by the Emir of Kano, and immediate past Governor of the bank, Mallam Muhammad Sanusi II, saying there would be no further devaluation of the naira. Sanusi on Friday had faulted the decision of the CBN and the federal government not to further devalue the naira, and also to retain fuel subsidy.

Netanyahu praises Jerusalem camera plan

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Photo: Raad Adayleh, AP Israel's prime minister says the country "has an interest" in round-the-clock video surveillance at a sensitive Jerusalem holy site. Benjamin Netanyahu said Sunday the cameras will allow Israel "to refute the claim" that Israel is changing a longstanding arrangement at the site that allows Jews to visit but not pray.

Russian airstrikes in Syria may have killed dozens of civilians

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Syria's civil war in pictures Pro-government protesters hold pictures of Syrian President Bashar al-Assad and his late father, Hafez al-Assad, during a rally in Damascus, Syria, on March 18, 2011. Bashar al-Assad has ruled Syria since 2000, when his father passed away following 30 years in charge. An anti-regime uprising that started in March 2011 has spiraled into civil war. The United Nations estimates more than 220,000 people have been killed.

Economically-Wrecked Zim Stands in a Limbo, Waiting for Mugabe to Go

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THE broad avenues lined with lilac trees in Harare show no images of 91-year-old President Robert Mugabe, but his presence towers over the country he has ruled for 35 years. "The whole country is on standby. We are just waiting for him to die," said Evans, a taxi business owner. Complaints abound about Mugabe's authoritarian rule, which is seen as having ravaged what was once one of the region's most promising economies.

Tanzania Votes in Closely Contested Election

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Ruling CCM faces challenge from cluster of opposition parties Tanzanian women queue to cast ballots at a polling station on Sunday in Zanzibar, Tanzania. PHOTO: AGENCE FRANCE-PRESSE/GETTY IMAGES Tanzania went to the polls Sunday in the most closely contested election in its history and the first that poses a substantial challenge to its one-party rule. East Africa’s most populous country and second-largest economy has been ruled by Chama Cha Mapinduzi, or CCM, whose uninterrupted dominance since the late 1970s is now challenged by a cluster of opposition parties, the biggest of which is Chadema.

Why Tribunal sacked Wike in Rivers

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Rivers State Elections Petition Tribunal, sitting in Abuja, yesterday, nullified the April 11 election that brought Governor Nyesom Wike to power. The three-man tribunal, headed by Justice Suleiman Ambrosa, upheld the petition filed against the election by the All Progressives Congress (APC) and its gubernatorial candidate in the state, Hon. Dakuku Peterside.

UEFA chiefs to hold emergency talks over backing for candidate to succeed FIFA president Sepp Blatter

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UEFA chiefs are set to hold emergency talks on Monday Michel Platini's 90-day suspension is likely to be extended The FIFA presidential election will take place in February  UEFA chiefs will hold emergency talks on Monday to decide whether to remain loyal to Michel Platini and have 24 hours to decide if they should back an alternative candidate to succeed FIFA president Sepp Blatter. With Platini's 90-day suspension likely to be extended by ethics investigators before the February election, Uefa have to decide whether to shoehorn Dutch FA boss Michael van Praag into the race or do a deal with a non-European candidate.