Africa Business News

The Senate is calling for the unbundling of the Independent National Electoral Commission to improve the efficiency of the electoral body. The Senate also resolved to make electronic transmission of results mandatory from the next general elections in 2027, including the uploading of polling unit-level results and result sheets used at different levels of result collation. The upper chamber also weighed in on the security challenges in the country, saying a comprehensive national security strategy should be developed that addresses Nigeria’s needs. The lawmakers say it is necessary for the Senate President and Speaker of the House of Representatives to be part of the security briefings that the president gets.

The Senate is calling for the unbundling of the Independent National Electoral Commission to improve the efficiency of the electoral body. The Senate also resolved to make electronic transmission of results mandatory from the next general elections in 2027, including the uploading of polling unit-level results and result sheets used at different levels of result collation. The upper chamber also weighed in on the security challenges in the country, saying a comprehensive national security strategy should be developed that addresses Nigeria’s needs. The lawmakers say it is necessary for the Senate President and Speaker of the House of Representatives to be part of the security briefings that the president gets.

The Senate is calling for the unbundling of the Independent National Electoral Commission to improve the efficiency of the electoral body. The Senate also resolved to make electronic transmission of results mandatory from the next general elections in 2027, including the uploading of polling unit-level results and result sheets used at different levels of result collation. The upper chamber also weighed in on the security challenges in the country, saying a comprehensive national security strategy should be developed that addresses Nigeria’s needs. The lawmakers say it is necessary for the Senate President and Speaker of the House of Representatives to be part of the security briefings that the president gets.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has asked the Minister of Interior, Olubunmi Tunji-Ojo, to review his plan for the payment of N500 million in fines imposed on not less than 4,000 convicts by various courts. The minister had announced a plan to decongest the correctional centres in the country by ensuring the payment of the fines imposed on not less than 4,000 convicts by various courts in the 36 states of the Federation and the Federal Capital Territory. Tunji-Ojo says the total fines of N500 million would be paid within the next four weeks. The senior lawyer however says the minister should rather request President Bola Tinubu and the various state governors to exercise their prerogative of mercy by granting pardon to the 4,000 convicts to facilitate their immediate release from custody.

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has asked the Minister of Interior, Olubunmi Tunji-Ojo, to review his plan for the payment of N500 million in fines imposed on not less than 4,000 convicts by various courts. The minister had announced a plan to decongest the correctional centres in the country by ensuring the payment of the fines imposed on not less than 4,000 convicts by various courts in the 36 states of the Federation and the Federal Capital Territory. Tunji-Ojo says the total fines of N500 million would be paid within the next four weeks. The senior lawyer however says the minister should rather request President Bola Tinubu and the various state governors to exercise their prerogative of mercy by granting pardon to the 4,000 convicts to facilitate their immediate release from custody.

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has asked the Minister of Interior, Olubunmi Tunji-Ojo, to review his plan for the payment of N500 million in fines imposed on not less than 4,000 convicts by various courts. The minister had announced a plan to decongest the correctional centres in the country by ensuring the payment of the fines imposed on not less than 4,000 convicts by various courts in the 36 states of the Federation and the Federal Capital Territory. Tunji-Ojo says the total fines of N500 million would be paid within the next four weeks. The senior lawyer however says the minister should rather request President Bola Tinubu and the various state governors to exercise their prerogative of mercy by granting pardon to the 4,000 convicts to facilitate their immediate release from custody. This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

X, the social media site formerly known as Twitter, has begun charging new users in New Zealand and the Philippines to use the platform’s basic features and aims to expand the annual fee to all new users globally. Under the trial, new users in the Philippines and New Zealand will have to pay about $0.75 and $0.85, respectively, each year, to be able to post and engage on X. The company says those who decline to pay will only be able to read posts, watch videos and follow accounts. The annual subscription is the latest in a string of controversial changes to the platform since billionaire Elon Musk bought Twitter last year for $44 billion. X says the new fee would bolster existing efforts to reduce spam and manipulation of our platform and bot activity.

X, the social media site formerly known as Twitter, has begun charging new users in New Zealand and the Philippines to use the platform’s basic features and aims to expand the annual fee to all new users globally. Under the trial, new users in the Philippines and New Zealand will have to pay about $0.75 and $0.85, respectively, each year, to be able to post and engage on X. The company says those who decline to pay will only be able to read posts, watch videos and follow accounts. The annual subscription is the latest in a string of controversial changes to the platform since billionaire Elon Musk bought Twitter last year for $44 billion. X says the new fee would bolster existing efforts to reduce spam and manipulation of our platform and bot activity.

X, the social media site formerly known as Twitter, has begun charging new users in New Zealand and the Philippines to use the platform’s basic features and aims to expand the annual fee to all new users globally. Under the trial, new users in the Philippines and New Zealand will have to pay about $0.75 and $0.85, respectively, each year, to be able to post and engage on X. The company says those who decline to pay will only be able to read posts, watch videos and follow accounts. The annual subscription is the latest in a string of controversial changes to the platform since billionaire Elon Musk bought Twitter last year for $44 billion. X says the new fee would bolster existing efforts to reduce spam and manipulation of our platform and bot activity.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Malawi’s central bank devalued the kwacha by 25 per cent last May to stabilise dwindling forex reserves. John Kapito, executive director of the Consumers Association of Malawi, says the worst is yet to come. He added that the country has failed to balance its imports against exports and has relied heavily on donors for its forex reserves. He added that the government's revenue collection has drastically gone down as a result of market inactivity and currently struggling to pay for its oversized civil service.

Malawi’s central bank devalued the kwacha by 25 per cent last May to stabilise dwindling forex reserves. John Kapito, executive director of the Consumers Association of Malawi, says the worst is yet to come. He added that the country has failed to balance its imports against exports and has relied heavily on donors for its forex reserves. He added that the government's revenue collection has drastically gone down as a result of market inactivity and currently struggling to pay for its oversized civil service.

Malawi’s central bank devalued the kwacha by 25 per cent last May to stabilise dwindling forex reserves. John Kapito, executive director of the Consumers Association of Malawi, says the worst is yet to come. He added that the country has failed to balance its imports against exports and has relied heavily on donors for its forex reserves. He added that the government's revenue collection has drastically gone down as a result of market inactivity and currently struggling to pay for its oversized civil service.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Chinese President Xi Jinping has warned Western states against decoupling from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. Xi’s caution came as he opened the Belt and Road Initiative forum in Beijingalso used his speech to laud the scheme, which was launched 10 years ago with the professed aim of building infrastructure and energy networks to link Asia, Africa and Europe. Xi says Viewing others’ development as a threat or taking economic interdependence as a risk will not make one’s own life better or speed up one’s development.

Chinese President Xi Jinping has warned Western states against decoupling from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. Xi’s caution came as he opened the Belt and Road Initiative forum in Beijingalso used his speech to laud the scheme, which was launched 10 years ago with the professed aim of building infrastructure and energy networks to link Asia, Africa and Europe. Xi says Viewing others’ development as a threat or taking economic interdependence as a risk will not make one’s own life better or speed up one’s development.

Chinese President Xi Jinping has warned Western states against decoupling from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. Xi’s caution came as he opened the Belt and Road Initiative forum in Beijingalso used his speech to laud the scheme, which was launched 10 years ago with the professed aim of building infrastructure and energy networks to link Asia, Africa and Europe. Xi says Viewing others’ development as a threat or taking economic interdependence as a risk will not make one’s own life better or speed up one’s development.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

South African President Cyril Ramaphosa and his Ukrainian leader Volodymyr Zelensky have affirmed their shared desire for a peaceful resolution to the Russia-Ukraine conflict. Mr Ramaphosa welcomed Mr Zelensky commitment to the revival of the Black Sea Grain Initiative and both leaders pledged to continue working together on that. Ukraine has since proposed the establishment of grain hubs in African ports. Mr Ramaphosa also committed his country's commitment to active engagement in the Africa Peace Initiative - presented earlier this year by seven African leaders as a possible basis for peace. He also committed to the participation of his country for talks in the peace formula outlined by Ukraine - that are held at the level of national security advisers.

South African President Cyril Ramaphosa and his Ukrainian leader Volodymyr Zelensky have affirmed their shared desire for a peaceful resolution to the Russia-Ukraine conflict. Mr Ramaphosa welcomed Mr Zelensky commitment to the revival of the Black Sea Grain Initiative and both leaders pledged to continue working together on that. Ukraine has since proposed the establishment of grain hubs in African ports. Mr Ramaphosa also committed his country's commitment to active engagement in the Africa Peace Initiative - presented earlier this year by seven African leaders as a possible basis for peace. He also committed to the participation of his country for talks in the peace formula outlined by Ukraine - that are held at the level of national security advisers.

South African President Cyril Ramaphosa and his Ukrainian leader Volodymyr Zelensky have affirmed their shared desire for a peaceful resolution to the Russia-Ukraine conflict. Mr Ramaphosa welcomed Mr Zelensky commitment to the revival of the Black Sea Grain Initiative and both leaders pledged to continue working together on that. Ukraine has since proposed the establishment of grain hubs in African ports. Mr Ramaphosa also committed his country's commitment to active engagement in the Africa Peace Initiative - presented earlier this year by seven African leaders as a possible basis for peace. He also committed to the participation of his country for talks in the peace formula outlined by Ukraine - that are held at the level of national security advisers.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

The Nigerian government says it will begin the distribution of $1.5bn cash to 15 million vulnerable households. The cash handout is aimed at alleviating the soaring food, fuel and commodity prices. , Finance Minister says each eligible household will get $32 in cash for a three-month period beginning this month. The government believes the vulnerable households represent 62 million Nigerians - in a country with a population of more than 200 million. However, questions have been raised about who qualifies for the handouts and how households will be chosen.

The Nigerian government says it will begin the distribution of $1.5bn cash to 15 million vulnerable households. The cash handout is aimed at alleviating the soaring food, fuel and commodity prices. , Finance Minister says each eligible household will get $32 in cash for a three-month period beginning this month. The government believes the vulnerable households represent 62 million Nigerians - in a country with a population of more than 200 million. However, questions have been raised about who qualifies for the handouts and how households will be chosen.