Economy

Feb
25
2024
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By Abdulrahman
Tinubu meets with Elumelu, Dangote, and other influential individuals.

Tinubu meets with Elumelu, Dangote, and other influential individuals.

Breaking, Economy, Nigeria
Tinubu meets with Elumelu, Dangote, and other influential individuals. On Sunday, President Bola Tinubu met with a few representatives of the organised private sector in a "crucial" meeting. The Presidential Villa in Abuja serves as the venue for the summit. Wale Tinubu, Abdulsamad Rabiu, Chairman of BUA Group, Tony Elumelu, Chairman of Heirs Holding and Transcorp Plc, Alhaji Aliko Dangote, President of Dangote Groups, and other representatives of the private sector are present at the meeting. This occurs in the midst of Nigerians' financial struggles. The increase in the dollar to naira exchange rate is the cause of the current…
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Feb
12
2024
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By Abdulrahman
In Kano, Hisbah seizes 8,600 beer bottles, arrests 15 people for prostitution.

In Kano, Hisbah seizes 8,600 beer bottles, arrests 15 people for prostitution.

Breaking, Economy, Nigeria, ,
8,600 beer bottles that were loaded onto a van and transported from Kaduna to Kano State were seized by the Kano State Hisbah Board. Idris Ibrahim, the board's officer in charge of intoxicants, told reporters over the weekend that the alcoholic beverages were taken last Thursday at Kwanar Dangora village, which is located near the Kano-Kaduna road. He said that the car had been followed by command personnel from Kaduna till it entered Kano territory. "After we pulled over in Kwanar Dangora Village, the driver tried to flee, but our agents caught him. "As you are aware, selling or consuming…
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Dec
05
2023
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By Ahmed Ture
Diaspora Egyptians Participate in 2024 Presidential Elections

Diaspora Egyptians Participate in 2024 Presidential Elections

Africa, Breaking, Economy, Politics, , ,
Last three days were significant for Egyptians overseas as they lined up to vote in the December 1–3 presidential elections. The National Election Authority (NEA) has carefully scheduled 137 embassies and consulates in 121 countries to welcome voters from 9 am to 9 pm, guaranteeing maximum accessibility. Egyptians living abroad or temporarily travelling can vote with a valid or expired national ID card or passport with their national ID number. With 14 million Egyptian overseas residents expected to vote, expectations are high. Saudi Arabia, Kuwait, the UAE, and Qatar have high voting rates, suggesting robust community participation. Over 65 million…
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Dec
02
2023
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By Ahmed Ture
Israel Receives Malawian Youths to Help Fill Farm Labour Shortage

Israel Receives Malawian Youths to Help Fill Farm Labour Shortage

Africa, Breaking, Economy, , , ,
According to the Malawian labour ministry, several hundred young men have travelled to Israel to work on farms left empty after the Gaza conflict. There are plans for more flights in the near future. On Saturday, 221 young people from the country in southern Africa were transported to Israel on the first flight. Following the tensions created by the Gaza war on October 7, a large number of labourers left Israel's farms, which constitute a considerable portion of the country's economy. Foreign labourers heading back to their home nations and Palestinians from Gaza whose work licences were cancelled by Israel…
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Nov
27
2023
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By Ahmed Ture
East African Community Trade Bloc Accepted Somalia into Its Membership.

East African Community Trade Bloc Accepted Somalia into Its Membership.

Africa, Breaking, Economy, ,
Following decades of warfare and recovery efforts, Somalia became the eighth member of the East African Community (EAC), a significant step towards free trade and economic integration throughout the region. At the EAC summit in Tanzania, Somalia was admitted. This is expected to bring the total population of the EAC market—which currently includes Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, South Sudan, Tanzania, and Uganda—to over 300 million. In attendance at the summit, President Hassan Sheikh Mohamud praised this action as a ray of hope for Somalia, promising a future rich in possibilities. After years of unrest, Somalia's…
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