Author: damazah@gmail.com

African countries spend about $90 billion every year servicing debt and pay another $75 billion in additional interest because of the high risk premium attached to borrowing, Kenya’s Principal Secretary for Foreign Affairs, Korir Sing’oei, has said. Mr Sing’oei stated that the cost was forcing African governments to make difficult choices between servicing debt and spending on health, education and climate resilience, even as the continent requires about $1.3 trillion annually to achieve the Sustainable Development Goals. He spoke on Friday in Nairobi, Kenya, at the closing ceremony of the sixth African Conference on Debt and Development (AfCoDD VI), organised…

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By Rosemary Iwunze Universal Insurance Plc has dragged the National Insurance Commission, NAICOM, to the Federal High Court, following the cancellation of the Company’s operating licence and the appointment of a Receiver/Manager by the Commission. In a statement signed by the Company Secretary of Universal Insurance, Mr. Chinedu Onyilimba, the insurer noted that the Court has directed the Respondents not to take any steps pending the determination of the application. It also notified its shareholders and the investing public that the Federal High Court of Nigeria, Lagos Judicial Division, Ikoyi, in Suit No. FHC/LAG/CS/1179/2026, involving the Company and the National…

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The game that graced us with Bathtub Geralt, The Witcher 3: Wild Hunt, arrived more than a decade ago. So it was a touch surprising this summer when developers CD Projekt Red announced a new expansion to the venerable adventure, titled Songs of the Past, for next year. It will release alongside a full remaster of the original game, which will be free for anyone who bought it back in 2015. (The studio is also working on a sequel, The Witcher 4, but that’s not due until 2028.)As it turns out, this is all possible thanks to a partnership with…

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Etim Etim laments the deplorable state of federal roads in the South-South region despite the zone’s huge contributions to the Federation Account. Despite their huge hydrocarbon deposits and massive contributions to Nigeria’s foreign exchange earnings, the six states of the South-South geopolitical zone have the worst network of federal roads in the country. Nothing has been done to fix the situation in the last 10 years or more. Apart from the recently completed 40-km highway linking Bonny Island with Rivers State (Bonny-Bodo Road) which was awarded by the Buhari administration, this region has not had a major investment in federal…

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And the impacts of space weather are not just a consideration for people on Earth.In 1991, Helen Sharman became the first British person to travel into space on an eight-day mission to the Mir Space Station.She was taught where to shelter if any space weather were to hit the space station.Dr Sharman said during the mission she was affected by radiation from outside the solar system, called galactic cosmic rays.”They come through the materials that spacecraft are made of,” said Sharman.”They come through astronauts’ skin, and they’re what we notice as astronauts because quite often we see little bright flashes…

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Aug 28, 2026, 07:09 PM ETThe US Open begins Sunday, and with it come many intriguing storylines. Carlos Alcaraz missed the last two majors due to a wrist injury but will return in New York — and is the defending champion. With biggest rival Jannik Sinner out, will Alcaraz be the one to beat?On the women’s side, two-time defending champion Aryna Sabalenka has had a rough hard-court season and will lose her No. 1 ranking unless she wins a third US Open title. Can she do it?Who will surprise in the next two weeks? Whom should we watch?Our experts weigh…

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African Action Congress (AAC) governorship aspirant in Abia State, Doris Ogala, has expressed support for incarcerated Indigenous People of Biafra (IPOB) leader Nnamdi Kanu, describing him as a “messiah” and urging President Bola Tinubu to secure his release. Ms Ogala, an actress-turned-politician who has declared her intention to challenge Governor Alex Otti for the Abia governorship in 2027, made the remarks during an interview with ABN TV. She spoke about her political ambition, her party’s position on Mr Kanu’s incarceration and what she said an AAC-led government would mean for the IPOB leader. “I support what Nnamdi Kanu is doing…

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The family of veteran journalist and publisher of The Eagle Online, Dotun Oladipo, has announced 10 and 11 September for his funeral rites. Mr Oladipo died on Tuesday in Lagos at the age of 56. According to a statement issued by the Guild of Corporate Online Publishers (GOCOP) on Friday, a service of songs will be held at Daystar Church, Oregun, Ikeja, on Thursday, 10 September. His burial service will take place at the same venue on Friday, 11 September, followed by his interment. Mr Oladipo was president of GOCOP from 2017 to 2021 and was among the publishers who…

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An Israeli drone strike killed three Palestinians in Jenin, the first such attack in the occupied West Bank since February 2025. Medics say Israeli forces detained them and blocked access to the casualties.Published On 28 Aug 202628 Aug 2026Share Israeli strike kills three Palestinians in Jenin on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

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By Rosemary Iwunze The Acting Group Chief Executive Officer, CEO, of Fortis Global Group, Mr. Bode Akinboye has said that the company has paid out over N2 billion to retail customers as claims backlog. Akinboye who disclosed this during a chat with insurance journalists, stated that the company is stable to offset all outstanding claims. While revealing the recapitalisation journey of the Group, Akinboye said: “One of the first things we did was to reflect many things and to quickly review state of affairs of the company, particularly in relation to outstanding claims, which were the foundation problem for the…

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