Author: Esther Aye

African culture, according to Pope Francis, is turning individuals on the continent into intolerant of blessings for same-sex couples. The pope also expressed optimism that, with the exception of Africans, whom he referred to as a “special case,” those who had criticized his decision to provide blessings to same-sex couples would eventually come to understand it. Pope Francis said in an interview that was published by the Italian newspaper La Stampa on Monday that Africans had a terrible cultural perception of homosexuality. Those with strong protests tend to be members of narrow ideological circles. When asked about the controversy surrounding…

Nigerian and foreign students cannot be admitted to Canadian postsecondary schools for the next two years, according to British Columbia, a province. Marc Miller, the federal immigration minister, recently revealed this in a statement. Miller says the announcement states that the province is addressing “exploitative practices” in the system, and the goal of the move is to reduce the number of new student visas issued by 35 percent for the current year. British Columbia’s premier, David Eby, emphasized the significance of resolving problems with the foreign education system, acknowledging its critical role in the social and economic fabric of the…

After being redeployed from the headquarters, at least 1,500 employees of the Central Bank of Nigeria will return to work at its Lagos branch on Friday. Despite strong criticism, the plan remained in place, according to an insider at the apex bank who spoke exclusively to our correspondent. Affected employees will be returning to work on Friday.According to an official, “Yes, the plan is still in place, and they will get back to work by February 2, which is the first week of next month.” The most recent event occurs against the backdrop of the new management’s intention to shift…

The rapidly expanding asset management company AVA Global Assets Managers Limited announced today that the Security and Exchange Commission has given its clearance for the launch of the N200 billion AVA infrastructure Fund Programme. The Series 1 fund is intended to support innovative businesses in industries like power, telecommunications, agribusiness, and supporting infrastructure, as well as gas distribution, processing, and storage. Its goal is to close Nigeria’s infrastructure gaps by strategically challenging institutional capital into infrastructure projects. The principal aim of the fund is to provide unit holders with a steady and dependable income stream by means of debt financing…

The Osun State branch of the Peoples’ Democratic Party (PDP) has claimed that Adegboyega Oyetola, the Minister of Marine and Blue Economy, is preparing to use the next SMEDAN program in Osogbo as a springboard for his 2026 presidential campaign. Speaking through its Chairman, Sunday Bisi, the party urged President Bola Tinubu to summon Oyetola, the former state governor, to order, and caution him from launching a political campaign. Speaking further, he said “It is unacceptable for any attempt to begin the 2026 campaign in violation of the Electoral Act.” Just like Mr. President is exerting great effort to fulfill…

The Angolan national team’s players have been honored with material presents and cash ahead of their quarterfinal Africa Cup of Nations match against Nigeria on Friday. Cash presents were also promised to the Palancas Negras if they made it to the final. They just defeated Namibia 3-0 in the Round of 16. According to Angola Press Agency, Angolan bank Banco Angolano de Investimento declared that it will give five million Kwanzas, or roughly N5.41 million, to each player and coach of the team. Every member of the Angolan delegation in Cote d’Ivoire received an iPhone 15 with free calls, SMS,…

Barely a week after paying around US $2.0 billion to clear outstanding foreign exchange backlogs in the manufacturing, aviation, and petroleum sectors, the Central Bank of Nigeria (CBN) has disbursed an additional $500 million to various sectors. In an announcement made on Monday in Abuja, Hakama Sidi Ali, the CBN Acting Director of the Corporate Communications Department, made this announcement. Despite not naming the industries where the funds were disbursed, she pledged that the top bank will quickly clear all valid foreign exchange backlogs. Sidi Ali reiterated Olayemi Cardoso, the governor of the CBN,’s guarantees and stated that the CBN…

Guinness Nigeria Plc, an alcohol beverage firm in Nigeria, has declared an after-tax loss for the first time in three years. The company reported an after-tax loss of N5.23 billion for the six months ending December 2023 compared to a profit of N4.02 billion in the same period the previous year, according to its most recent full-year unaudited financial statement. Its income increased from N118.5 billion to N142.6 billion, a 20.4 percent increase. Analysts at Cordros Research said in a note on Thursday that “although the brewer demonstrated strength in revenue growth in the period, the substantial increase in finance…

In today’s African Cup of Nations round of 16 tie, hosts Côte d’Ivoire will square off against reigning champion Senegal in a heavyweight match. The Ivorians are excited to prove themselves against their highly-rated opponents on Monday (today) after a poor group stage performance. “We are quite confident going into the match against Senegal because we trained hard for it. The players are driven,” according to Faye Emers, the coach of Côte d’Ivoire. Having spent a year and a half with the group, I am well acquainted with them. In the Senegal encounter, the players are aware of what is…

Prime Minister Rishi Sunak has declared that the UK will propose laws to outlaw disposable e-cigarettes in an effort to combat the rising prevalence of underage vaping. Before formally announcing his idea, Sunak stated, “As any parent or teacher knows, one of the most worrying trends at the moment is the rise in vaping among children, and so we must act before it becomes endemic.” “I’m taking decisive action to outlaw disposable vapes, which are the main cause of the surge in youth vaping. I’m also proposing new regulations to limit the flavors of vapes, implement plain packaging, and alter…