A commodities trader was given painted stones instead of $36m (£26m) of copper from a Turkish supplier in a fraudulent deal last summer. Geneva-based Mercuria Energy Group says it’s been the victim of cargo fraud following its purchase of 10,000 tons of copper blister. When the cargoes started arriving in ...

African fintech company Flutterwave announced that it has raised $170 million in Series C funding, valuing the company at over $1 billion. The round was led by growth-equity firms Avenir Growth Capital and Tiger Global. New and existing investors who participated include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, ...

The Governor of Borno State, Babagana Zulum, has announced that 5,000 Nigerians refugees have been repatriated to the state from Cameroon. According to a statement on Zulum’s Facebook page, the handing over took place on Monday and was led by Cameroon’s Minister for Territorial Administration, Paul Atanga Nji, and other ...

Following the arrest of some three members of the Oodua People’s Congress (OPC) who were involved in the capturing of suspected kidnap kingpin, Iskilu Wakilu, civil right lawyer, Dr. Kayode Ajulo has urged the police to release the arrested individuals. Saying the arrest was an unfortunate development in the first ...

Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video-conferencing platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts ...

Mass kidnappings of children in Nigeria have been making global headlines recently and this has been hard to watch for a young woman who was abducted in an infamous attack on a school in Chibok. Naomi Adamu is quiet. As she talks she rarely makes eye contact, keeping her voice ...

Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility to ...

Bisi Kazeem is Assistant Corps Marshal, ACM and Corps Public Education Officer, Federal Road Safety Commission, FRSC, in this piece made available to NAOSRE, reflects on the 33 years trajectory of the Commission and the commitment to ensure travels on Nigerian roads become luxurious   Thirty three years ago, precisely ...

Former Barcelona president Joan Laporta was elected as the head of the Catalan club again on Sunday, taking charge of a team in crisis and facing daunting problems that include a huge debt and the possible departure of its superstar Lionel Messi when his contract finishes at the end of ...

The tennis superstar took to Instagram Sunday night to speak out following Oprah Winfrey’s explosive interview with the Duke and Duchess of Sussex: “I want Meghan’s daughter, my daughter and your daughter to live in a society that is driven by respect.”     When Serena Williams battled Simona Halep ...