Economic performance of The Republic of Benin remains strong despite a less supportive external environment and the border closure with Nigeria, the International Monetary Fund has said. The Brenton Woods institutions made this known on Friday after its Executive Board’s Fifth Review Under the Extended Credit Facility Arrangement with that country. Though Benin’s real GDP is expected to slow down …

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Dr. Muyiwa Gbadegesin Just recently, we introduced the Blue Box initiative – a waste collection programme designed to help residents sort recyclable waste from the source, that is, at the point where an item or material is considered waste. This eliminates the landfill process for recyclables, and we see this as a long term step by step and collaborative approach, …

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***Rating Agency Changes 2020 Outlook For African Banks to Negative  Bayo Akinloye The 2020 outlook for African banks has changed to negative from stable, reflecting their weakening operating environment, Moody’s Investors Service said in a report published today. According to the topmost rating agency, the outlook for African banks in 2020 is negative due to weakening operating conditions and rising …

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By Bayo Akinloye Last November, the World Health Organization (WHO) announced the start of a pilot programme to prequalify human insulin to increase treatment for diabetes in low- and middle-income countries like Nigeria. This is important to forestall a looming medical disaster. According to eMediHealth (a resource of expert-reviewed health information drawn from the knowledge and experience of several practising and certified health experts, providing …

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An anti corruption group, Human and Environmental Development Agenda (HEDA) has tasked the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to probe the dismissed officials of the National Examination Council (NECO) In a release signed by it’s Chairman, Olanrwaju Suraju, in Lagos over the weekend, HEDA asked the ICPC to carry out the investigation on the dismissed officials. …

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***35% of children living with HIV have access to treatment  More than 47 children and adolescents died every day from AIDS-related causes in 2018, a global snapshot on children, HIV and AIDS released by UNICEF in advance of World AIDS Day has shown. Low access to antiretroviral treatment and limited prevention efforts are the leading causes for these deaths, with …

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Two men who ran county lines drugs networks between London and Kent have been jailed following a Met operation that was supported by Kent Police. Oludewa Okorosobo, 25, of Flaxman Road, Camberwell was sentenced to three years and four months’ imprisonment for three counts of conspiracy to supply Class A and B drugs (heroin, crack cocaine and cannabis) at the …

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A man has been found guilty of the murder of a UK based Nigerian, Ayodeji Habeeb Azeez, who was lured to his death in Bromley on a Sunday night in 2018 while hoping to meet a female friend. The convict, Kevin Lusala, 23, of Eldred Drive, Orpington was found guilty of fatally stabbing Azeez, who was 22 at the time, …

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The Lagos State Government wants about 60,000 people who tested positive to HIV/AIDS in the state but failed to return for treatment to be tracked for immediate anti-retroviral therapy. Governor Babajide Sanwo-Olu made this known on Wednesday at the Lagos State AIDS Control Agency (LSACA) inauguration of the State’s HIV Consortium Group, featuring the formal dissemination of dis-aggregated Nigeria HIV/AIDS …

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Kenya’s three largest rated banks have stronger cost-to-income ratios than their Nigerian counterparts despite their higher retail overhead costs, Moody’s Investors Service said in a peer comparison report today. The report compares KCB Bank Kenya Limited, Equity Bank (Kenya) Limited and Co-operative Bank of Kenya Limited with Nigeria’s Access Bank Plc, Zenith Bank Plc and United Bank for Africa Plc. …

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