Shanghai Wealth Management Firm Comes Crashing To Earth As Executives Arrested

Investors gather at the office of Zhongjin Capital Management. — Reuters

Zhongjin Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term financing products. 

I Feel Your Pains Buhari Tells Nigerians At The Vanguard Awards

Joint recipients, Personality of the Year Award, 2015

*Says ‘I’ll not disappoint you’

President Muhammadu Buhari yesterday told Nigerians that he was feeling their pains saying that mutterings about the new administration being a scam was far-fetched, saying that the one-chance scammers have been driven out of town.

Kenya Police Chief Orders Arrest Of 'Rogue Bankers'

Chase is a mid-sized bank with a mixture of clients Reuters

Kenya’s police chief has ordered the arrest of eight bankers for “unethical conduct”.

FCT Residents Elect 62 Councilors, 6 Chairmen Today

FCT residents to elect 62 councilors for 6 area councils today

Residents of the Federal Capital Territory (FCT) will today cast their votes to elect chairmen and 62 councilors for the six area councils after the poll was shifted from March 19 earlier date, due to logistics.

Fuel Crisis Prompts University Of Lagos Shutdown, Angry Students Refuse To Vacate Campus Lagos

BBC

Hundreds of angry students are refusing to leave the campus of the University of Lagos in Nigeria – despite the management saying they must do so by 10:00 local time.

BBC

The First Dengue Vaccine And Fight Against "Breakbone Fever"

Philippines begins world's first mass dengue vaccination

The Philippines this week launched the world's first public dengue immunization programme, vaccinating 600 children at a school in the capital Manila with the goal of reaching 1 million students across the country this year.

Kachikwu’s Confessions On The Fuel Crisis VIDEO

Dr Ibe Kachikwu

Ibe Kachikwu, minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), has made a podcast to the staff of the corporation on the crippling fuel crisis. Here is the abridged transcript.

Ethiopia Told To Do Mass Doping Tests Or Face IAAF Ban

Ethiopian-born Swedish runner Abeba Aregawi has tested positive for a banned substance and has withdrawn from competition for the foreseeable future

Former 1,500-meter world champion, Aregawi tested positive for meldonium

Ethiopia must carry out mass doping tests on up to 200 athletes by November or be the latest to face further action by the World Anti-Doping Agency and a possible ban by the IAAF, track and field officials in the country said Thursday.

Novelist's Life A 'Whirlwind' Since Essay About Gang Rape

This undated photo provided by courtesy of Simon & Schuster shows author Jessica Knoll. Knoll, who posted an open letter saying the gang rape her character endured in the best-selling "Luckiest Girl Alive" was based on her own experience in high school says the past few days have been a "whirlwind." Knoll told a Wednesday night, April 6, 2016, gathering of 50 friends and fans at a Barnes & Noble bookshop in New York the response to her essay has been intense and overwhelmingly positive. (Leslie Hassler/Simon & Schuster via AP)

A novelist who last week posted an open letter saying the gang rape her character endured in the best-selling "Luckiest Girl Alive" was based on her own experience in high school said Wednesday that the past few days have been a "whirlwind."

NASS Submits 2016 Budget Details To Presidency, Says Plan Is Implementable

President Muhammadu Buhari

• Buhari orders customs, FIRS to generate revenue to sustain fiscal proposal
The National Assembly yesterday finally submitted the details of the 2016 Appropriation Bill worth ₦6.06 trillion to the presidency.

Fuel Scarcity: No Respite In Lagos, Others

These motorbike riders up north are not waiting for passengers, this perspective shows them in front of the filling station hoping to get petrol. Image credits: BBC

Marketers of petroleum products said on Wednesday that consumers might not enjoy much relief from the current fuel scarcity until next week due to inadequate supply of petrol.

Fuel scarcity in Lagos

Why Has The Yellow Fever Vaccine Run Out?

Yellow fever vaccine complicated to make and distribute

More than 200 people have been killed in the current yellow fever outbreak in Angola which the World Health Organization (WHO) says is the worst to hit the oil-rich country in 30 years.

Patrice Talon Sworn In As Benin President

Businessman Patrice Talon was sworn in as Benin's new president at the Charles de Gaulle stadium in the capital Porto-Novo ©Pius Utomi Ekpei (AFP)

Businessman Patrice Talon was sworn in as Benin's new president Wednesday after winning last month's elections in the tiny West African country.

FG Plans Massive Review Of Electoral Laws

Professor Mahmood Yakubu, Chairman of the Independent National Electoral Commission has expressed concern over the increasing number of conflicting judgments from election tribunals and Appeal Courts across Nigeria

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN) said on Tuesday that the Federal Government will soon unveil plans for a major reform of the nation’s electoral laws.

At Least 5 Killed, Buildings Torched In Congo Capital Unrest

A truck loaded with Congolese rebel fighters headed by Reverend Frederic Bitsangou, alias Pastor Ntoumi, escorts a convoy through the Kinsundi district of Brazzaville on March 17, 2016 ©Marco Longari (AFP)

At least five people died and buildings were torched in clashes between government forces and suspected rebels in Congo's capital, the government said Tuesday, saying some 50 people had been arrested over the "terror attack".

Vote To Impeach Zuma Fails; South Africa's Zuma Defeats Impeachment Vote

South Africa's parliament

South Africa's parliament has rejected an attempt to impeach President Jacob Zuma. The opposition motion was rejected by 233 votes to 143.

Cameroon: Joint Forces Arrest 300 Boko Haram Fighters

Cameroon's Commander of the Joint Forces, Bouba Dobekreo

Cameroon says multinational forces fighting Boko Haram have arrested over 300 Islamic extremists and freed at least 2,000 people from their strongholds along Cameroon, Nigeria and Chad borders.

‘IPMAN Crisis Behind Fuel Scarcity’

IPMAN Interim Management Secretary, Engr Lawson Ngoa

The prolonged leadership crisis of the Independent Petroleum Marketers Association of Nigeria (IPMAN), running for nearly two years, has contributed maximally in the current petroleum product scarcity.

We’ve Little To Show For 16 Years Of Oil Boom — Buhari

President Muhammadu Buhari. Photo: NAN

President Muhammadu Buhari on Monday regretted that Nigeria has little to show for the huge resources it made from oil in the past 16 years.

No Going Back On Subsidy Removal — FG

Africa's biggest oil producer is often affected by fuel shortages AFP

The Federal Government, Monday, said it is not going back on its decision to remove subsidy from Premium Motor Spirit, also known as petrol.

Lassa Fever: WHO Links Deaths To Late Diagnosis

The World Health Organization has identified late diagnosis of Lassa fever patients as the reason for the high mortality rate of the disease in Nigeria.

EBOLA OUTBREAK: Liberia Child Given Experimental Drug; Ebola Survivors Protest In Sierra Leone

Ebola awareness campaigns have again been stepped up

A five-year-old child who contracted the Ebola virus after his 30-year-old mother died from the disease last Thursday is receiving treatment with the experimental ZMapp drug. 

Blaming Economic Woes On Oil Price, Sheer Laziness — Bakare

Pastor Tunde Bakare

The General Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, says Nigeria urgently needs a revolution.

FOR THE RECORD: Buhari Signs BASA Agreement With Israel

President Buhari arriving in Washington DC for nuclear security summit

– President Buhari has signed the BASA agreement with Israel – The agreement will make pilgrimage trips to the Holy Land easier for Nigerians – The president is currently in the US to discuss nuclear security

President Muhammadu Buhari has directed the immediate activation of the Bilateral Air Service Agreement (BASA) signed by Nigeria with the Israel in 2013.

EBOLA OUTBREAK: Liberia Confirms 2nd New Ebola Case, Possibly From Guinea

Assistant Health Minister for Preventive Services, Tolbert Nyenswah

A second case of Ebola has been confirmed in Liberia months after the country had been declared free from transmissions, health officials said Sunday.

Budget: Senators, Reps Split Over Details

Nigeria's National Assembly

•Principal Officers angry with Saraki, Dogara •There is no division among us’ –Senate Leader Ndume

Like President Muhammadu Buhari, many members of the National Assembly, including some principal officers, are demanding from the leadership of the national legislature, details of the 2016 budget just approved.

Queen Elizabeth II 'Excited' About Being Joined By Thousands For 90th Birthday Bash

The Queen is said to be excited by the prospect of 10,000 guests joining herself, the Duke of Edinburgh, the Duke of Cambridge and Prince Harry in The Mall for a sit-down celebration

The Queen's 90th birthday is fast approaching and soon the nation will celebrate the milestone of its longest-lived monarch.

FG Returns Petrol Subsidy, Retains Official Pump Prices

Minister of State for Petroleum Resources, Ibe Kachikwu (1st Right) before senate committee

The Federal Government on Saturday recommenced the payment of subsidy on petrol as it subsidized the commodity by ₦5.84 for every litre of premium motor spirit consumed in Nigeria.