Tunisia President Sacks Finance Minister

  Tunisia’s President, Kais Saied, has sacked his finance minister and appointed a magistrate to the role. Michket Slama Khaldi will take on the country’s finance portfolio, the presidency announced on Facebook overnight from Wednesday to Thursday, alongside images of her taking the oath of office. The presidency gave no further details, nor did it mention outgoing minister Sihem Boughdiri Nemsia. The new finance minister had headed a national commission tasked with recovering embezzled public funds. Tunisia has over the past two years suffered sporadic shortages of basic items such as milk, sugar and flour. Recently, there has also been a scarcity of domestic gas cylinders, which are widely used for cooking and heating. AFP

Access Bank Champions Accelerated Action For Africa’s Sustainable Future

Access Bank Champions Accelerated Action For Africa’s Sustainable Future

  LAGOS – Access Bank PLC has reinforced its leadership in sustainable finance and climate action as the Gold Sponsor of the Nigeria Climate Change Forum (NCCF) in Abuja, which brought together Africa’s most influential policymakers, global investors, and sustainability pioneers to drive urgent action towards a net-zero future for the continent. At the NCCF, Dr. Gregory Jobome, Executive Director of Risk Management at Access Bank, delivered a compelling presentation on “The Role of Innovation and Technology in Africa’s Net-Zero Transition.” He emphasised the urgency for Africa to leapfrog traditional development models by leveraging cutting-edge technology and sustainable finance to accelerate the transition to clean energy. Dr. Jobome also highlighted Africa’s heightened vulnerability to climate change, particularly in scenarios where global temperatures exceed 1.5°C. He called for urgent, transformative action to mitigate risks and ensure climate resilience. During a high-level panel discussion, the Access Bank Group Head of Enterprise Risk Management provided insights on unlocking financing for renewable energy projects in Nigeria. The session showcased the Bank’s leadership in pioneering sustainable financing solutions, including green bonds, blended finance, and public-private partnerships (PPPs), outlining a roadmap for Africa’s energy transition. Access Bank: Financing a Green Future for Africa Access Bank continues to lead the charge in financing Africa’s low-carbon transition through groundbreaking initiatives: •Africa’s First Corporate Certified Green Bond – Investing in climate-resilient projects, setting a precedent in green finance for the region. •Securing Climate Finance – Attracting global capital to accelerate renewable energy, low-carbon transportation, and climate adaptation initiatives. •Driving Renewable Energy Investments – Financing solar farms, wind energy projects, and energy-efficient infrastructure to propel Africa’s clean energy revolution. •Leading the Decarbonisation Movement – Deploying solar-powered ATMs, championing paperless banking, and implementing waste recycling programmes to reduce institutional emissions. Pioneering Innovation for Africa’s Green Economy Recognising the critical role of innovation in sustainability, Access Bank is driving transformative financial and technological solutions to enhance Africa’s climate resilience: •Smart, Low-Carbon Infrastructure – Financing sustainable buildings, energy-efficient systems, and green supply chains to foster urban sustainability. •Circular Economy Innovations – Scaling investments in waste-to-energy technologies, biodegradable packaging, and sustainable manufacturing to promote a circular economy in Africa. A Unified Call for Accelerated Climate Action As Africa’s leading sustainability-driven financial institution, Access Bank is spearheading collective efforts toward a net-zero future. Through strategic collaborations with governments, international financiers, and industry innovators via the Sustainable Finance Accelerator Program, the Bank is mobilizing large-scale investments to drive Africa’s green transition. “Africa is experiencing a wave of innovation and technological advancement, much of it in collaboration with global partners. However, we are still at an early stage. To create meaningful opportunities for the continent’s rapidly growing youth population—who are eager to engage in the green economy—we must scale up efforts. Financial institutions have a pivotal role to play in this transformation,” said Dr. Jobome. Additionally, the Minister of Women Affairs, Hajia Imaan Sulaiman-Ibrahim, underscored the crucial role of women in driving Africa’s net-zero agenda. She noted that women are disproportionately affected by climate change and called for increased public-private partnerships to empower women in climate action. The NCCF served as a crucial platform for key stakeholders to engage in insightful discussions and shape actionable strategies for Africa’s sustainable future. Access Bank remains committed to driving impactful, long-term solutions that will ensure a resilient and thriving continent for generations to come. •About Access Bank PLC Access Bank PLC, a wholly-owned subsidiary of Access Holdings PLC, is a leading full-service commercial bank operating through a network of more than 700 branches and service outlets spanning 3 continents, 24 countries and over 60 million customers. The Bank employs over 28,000 people in its operations in Africa and Europe, with representative offices in China, Lebanon, India, and the UAE. Access Bank’s parent company, Access Holdings Plc, has been listed on the Nigerian Stock Exchange since 1998. The Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise, proven risk management and capital management capabilities. The Bank services its various markets through three key business segments: Corporate and Investment Banking, Commercial Banking, and Retail Banking. The Bank has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last 18 years, becoming one of the continent’s largest retail banks. As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.

Police Rescue Kidnapped ASP, Three Others In Edo

  The police in Edo State have rescued Elisha Jeremiah, an Assistant Superintendent of Police (ASP) attached to the Force Criminal Investigation Department (FCID) in Abuja, who was kidnapped on January 29, 2025 while travelling to Anambra State. He was seized along Okhuesan-Ewohimi Road in Edo with other passengers, including Ayedele Ebenezer of Ogbidi Road, Uromi and Useni Inusa. Edo Police Public Relations Officer (PPRO), Moses Yamu, a Chief Superintendent of Police (CSP) announced this on Tuesday night. Yamu said: “Following the kidnap of the travellers, operatives of Ubiaja Divisional Police Headquarters, in a joint operations with other tactical teams, immediately went on the trail of the kidnappers. “The Edo State Commissioner of Police, CP Betty Enekpen Isokpan Otimenyin, ordered additional deployment of Police Mobile Force personnel to ensure the rescue of the victims and arrest of the perpetrators. “The team, acting on intelligence today (February 4) at about 1530hrs, mobilised to the bushes around Ugbebor, in partnership with local hunters and vigilance members. This effort paid off, as the kidnappers abandoned their victims and fled, when they sensed that the operatives were closing in on them.” The PPRO also assured that the command was committed in its resolve to rid Edo of all forms of crime.

Shell Reports Oil Spill In Port Harcourt, Blames Saver Pit Overflow

  Shell Petroleum, yesterday, reported an oil spill at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations. The company said its spill response team contained the overflow and informed authorities. Shell added that arrangements were being made for a regulator-led joint visit to determine the cause and impact of the spill, a Shell spokesperson said in a statement. Also, Youths and Environmental Advocacy Centre, YEAC-Nigeria, said the spill occurred after an underground pit filled with crude started flowing to a pipeline that separates an area of the Ogoni cleanup project. Decades of oil spills have blighted Nigeria’s Niger River delta region, causing widespread environmental damage that has destroyed the livelihood of millions in the local communities and impacted their health. Vanguard

Cybercrime: EFCC Arraigns 11 Chinese, Alleges Plot To Destabilise Nigeria

  The Economic and Financial Crimes Commission, on Tuesday, arraigned 11 Chinese nationals over allegations of cyber fraud, identity theft, and an attempt to destabilise Nigeria’s constitutional structure. The defendants were arraigned before the Federal High Court in Lagos. They pleaded not guilty to the charges. The development comes only a day after the anti-graft agency arraigned 42 Chinese and Filipinos for similar offences before the same Federal High Court in Lagos. According to the EFCC, the foreign nationals were arrested during a raid tagged “Eagle Flush Operation” conducted on December 19, 2024, in Lagos. Following their not-guilty plea, Justice Chukwujekwu Aneke ordered that they be remanded at the Ikoyi Correctional Centre in Lagos. The defendants are Wang Xiong Wei (alias Xiao Bai), Chen Dong Dong (alias Cun Zhao), Chen Yuan (alias Xiao Doa), Wu Yuan An (alias Zeng Niu), Wang Gong Lin (alias Wang Jing Lin), and Weng Mao Rong (alais A Xiang). They were arraigned on separate charges relating to cybercrimes, cyberterrorism, possession of fraudulent documents, and identity theft. According to the EFCC, the defendants allegedly recruited Nigerian youths for identity theft and other cyber fraud schemes. Additionally, five other Chinese nationals, Liu Ke Fan (alias Lina, Lui Chen), Huang Hai Tao, Zhang Jian Feng, Wu A Wang, and Xiao Xin, were charged before the court. In one of the charges, the EFCC accused Liu Ke Fan of impersonating a 28-year-old American named Lina, living in Germany, as part of a romance scam and cryptocurrency fraud operation. Prosecutors alleged that in December 2024, Liu Ke Fan, “with intent to gain advantage for himself and members of his criminal syndicate group, fraudulently impersonated a U.S. citizen using a fake profile on his company’s Maya desktop computer.” The EFCC further told the court that the defendant “willfully provided false information during an investigation, falsely presenting himself as Liu Chen to mislead investigators and conceal his involvement in a criminal syndicate specializing in romance scams, cryptocurrency fraud, and cyberterrorism.” According to the anti-graft agency, the defendants belong to a syndicate of 792 individuals engaged in cryptocurrency investment fraud and romance scams. The defendants were arrested on December 19, 2024, in Lagos during a surprise operation codenamed “Eagle Flush Operation” conducted by EFCC operatives. EFCC prosecutors, M.K. Bashir and R.A. Abdulrasheed, informed the court that on or about December 18, 2024, the accused persons “willfully accessed computer systems with the intent to destabilise Nigeria’s constitutional structure by procuring and employing Nigerian youths for identity theft, falsely representing them as foreign nationals to gain financial advantage.” The commission also accused them of “willfully providing false information to EFCC officers during investigations into their alleged cyber fraud activities.” The EFCC stated that their actions violate Sections 18 and 27 of the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015 (as amended in 2024), and Section 39(2) of the Economic and Financial Crimes Commission (Establishment) Act, 2004. After hearing the charges, the defendants pleaded not guilty. Following their pleas, Justice Aneke ordered their remand at the Ikoyi Correctional Centre pending trial. The court adjourned the case to February 21 and March 7, 2025. Punch

INEC To Pay N1.12bn To Family Of Man Killed By Driver

  The Federal High Court in Abuja has ordered the Independent National Electoral Commission to pay N1.12bn in compensation to the family of one Mike Madu, killed by an INEC driver in Imo State. Justice Inyang Ekwo, in a judgment on Friday, ordered INEC to pay the N1.12bn with 10 per cent interest per annum from the date of judgment until the final or full payment is made. In addition, the judge ordered INEC, its Chairman, Prof. Yakubu Mahmood, and other defendants to send a letter of condolence to the late Madu’s family. “An order is hereby made for the defendants to pay the cost of prosecuting this action. This shall be the judgment of this court,” Justice Ekwo added. The plaintiff, Augustine Madu, filed the suit on behalf of the Umudurugwu, Umuokwe, Awo-Omamma community in Oru-East Local Government Area of Imo State. The amended writ of summons, marked FHC/ABJ/CS/1074/2019, listed INEC, its Chairman, the INEC Commissioner in Abuja, and an INEC escort driver, Hassan Abdul, as the first to fourth defendants, respectively. Augustine filed the suit on September 18, 2019, seeking four reliefs, including an order for the defendants to pay N1.12bn in compensation to Madu’s family for the unlawful termination of his life. In his statement of claim, Augustine described his deceased brother, Mike Madu, as a successful businessman born on June 9, 1970, to the late John and Chioma Madu in Awo-Omamma, Imo State. He said Abdul, an INEC staff member and driver under the office of the national commissioner, was responsible for the fatal accident that claimed Mike’s life on June 16, 2019. On September 10, 2019, the deceased’s family resolved to take legal action against the defendants. Augustine noted that his brother frequently travelled between China and Nigeria, often accompanying Chinese investors to facilitate business opportunities. On one such trip, Mike was escorting two Chinese investors to explore investment prospects in the Enugu State Free Trade Zone. During their journey on the Itobe-Anyigba Expressway in Kogi State, their Lexus car, driven by Ega Chukwudi of Auto Star Transport Company, collided with a Toyota V8 Land Cruiser Jeep driven by the fourth defendant, Hassan Abdul. The Toyota, occupied by Abdul and a police escort, Sgt. Usman Abdullahi, lost control, swerved into the opposite lane, and crashed into the Lexus in a head-on collision. The Land Cruiser then somersaulted into a bush and caught fire, while the Lexus sustained heavy damage. Mike sustained severe injuries and died, along with one of the Chinese investors, Huang Hia Yan. The victims were taken to Holley Memorial Hospital in Ochadamu Village for medical attention, while the deceased were later transferred to Kogi State Specialist Hospital Mortuary. The surviving Chinese investor, Qu Xin Dong, was admitted to the same hospital, while Chukwudi, the Lexus driver, was treated at Enugu State Orthopaedic Hospital. Abdul and his police escort received treatment at Holley Memorial Hospital. A police report dated July 16, 2019, concluded that Abdul’s reckless speeding was the cause of the accident. On July 10, 2019, the Kogi State Chief Magistrate Court ordered a post-mortem examination of the deceased. The plaintiff later obtained a warrant to bury his brother and the deceased investor. Augustine lamented that throughout this period, INEC and its officials showed no concern or remorse for causing Mike’s death. Punch

Impeached South Korean President Yoon In Court Again For Hearings On Removal

  South Korea’s impeached President Yoon Suk Yeol, who has been arrested and suspended from duties over his declaration of martial law, was in court again Tuesday for hearings to decide whether to remove him from office officially. Yoon, a former prosecutor, plunged democratic South Korea into political turmoil when he declared martial law on December 3, suspending civilian rule and sending soldiers to parliament. His attempt to impose martial law only lasted around six hours as the opposition-led parliament defied armed troops to vote it down and later impeached him over the move. As part of a separate criminal probe, Yoon was detained in a dawn raid in mid-January on insurrection charges, becoming the first sitting South Korean head of state to be arrested. He is being held in detention but has been attending impeachment hearings at the Constitutional Court, which will determine whether his impeachment is upheld. If the court upholds the impeachment, an election must be held within 60 days to elect a new president. A convoy of black SUVs arrived at the court Tuesday, carrying Yoon to attend a hearing scheduled to begin at 2:00 pm (0500 GMT). At previous hearings, Yoon denied instructing top military commanders to “drag out” lawmakers from parliament to prevent them from voting down his decree, a claim refuted by opposition MPs. He has argued that he did not believe the short-lived martial law was a “failed martial law”, but rather one that “ended a bit sooner” than he expected. During Tuesday’s hearing, two former military commanders and an ex-spy agency official are set to testify as witnesses. Hong Jang-won, a former deputy director of the National Intelligence Service, testified before lawmakers that he had been ordered to arrest politicians — a claim that contradicts Yoon’s denial of such an order. Yoon, 64, was indicted in January, with prosecutors accusing him of being a “ringleader of the insurrection”. He faces a separate criminal trial on those charges. Insurrection is not covered by presidential immunity. If convicted, he faces jail time or the death penalty. AFP

Five-Year-Old Sets Building On Fire While Playing With Matches In Kwara

  A five-year-old boy on Monday reportedly set a duplex building on fire while playing with match sticks in Ilorin, Kwara State capital. The incident happened at Abiodun Adebiyi close, off Yidi Road, Irewole area Ilorin in the Ilorin West Local Government Area of the state. One of the rooms in the duplex was completely burnt and property destroyed before men of the state fire service arrived at the scene to rescue the building from complete destruction, an eyewitness told Punch Online. The witness, who identified himself as Lanre Abdulrazaq, and said that he was doing a menial job in the area, said, “We just noticed that thick smoke was oozing out of the building; we raised the alarm to sensitise people around for a rescue operation. “We did not know the cause of the fire but later we saw the fire service who arrived and contained the fire.” However, the spokesman for the state fire service, Hassan Adekunle, who confirmed the fire, said the incident was caused by a five-year-old boy who was playing with matches that he unknowingly dropped on a combustible material that escalated the fire. Adekunle, a principal fire officer and head of Media and Publicity in the state fire service, in a statement issued on Monday night said, “Preliminary investigations revealed that the fire was caused by a five-year-old boy playing with matches, who inadvertently dropped a lit stick on combustible material, igniting the flames. “On Monday, 3rd February 2025, at about 17:32 hours, the Kwara State Fire Service received a distress call regarding a fire outbreak at Abiodun Adebiyi Close, Off Yidi Road, Irewolede Area, Ilorin. “Our gallant firefighters sprang into action, arriving swiftly at the scene to find one room in a five-bedroom duplex engulfed in flames. “Through sheer expertise and technical precision, the team worked fervently to contain the fire, ensuring it did not spread to other rooms or nearby buildings. Thanks to their exceptional skill and coordination, only one room was affected. . “The Director of the Kwara State Fire Service, Prince Falade John, commended the firefighters for their swift and tactical response. “He urged the public to prioritize fire safety and advised parents to keep matches away from children, emphasizing that a single matchstick could destroy an entire building.” Adekunle said that the State Fire Service remains steadfast in its commitment to protecting lives and property through professionalism and rapid emergency response. Punch

Telecom Tariff Hike: NLC Halts Protest As FG Plans Review Panel

  The Nigeria Labour Congress has suspended its planned nationwide protest against the recent 50 per cent hike in telecom tariffs approved by the Federal Government. The labour union aborted the planned rally scheduled for Tuesday (today) following a meeting with government representatives at the Office of the Secretary to the Government of the Federation in Abuja, on Monday. The telecom regulator, the Nigerian Communications Commission, had defended the 50 per cent tariff increase, citing rising operational costs driven by inflation, foreign exchange fluctuations, and higher energy expenses. In a statement, the regulator said the adjustment was in line with its mandate under the Nigerian Communications Act, 2003 to ensure the financial sustainability of the telecom sector. However, the NLC rejected the tariff hike and demanded a reduction to five per cent, threatening a nationwide protest if its demands were not met. It condemned the hike as insensitive and unjustifiable, arguing that it would impose an extra burden on Nigerian consumers. The union’s president, Joe Ajaero, reiterated its demand for a significant reduction after the National Administrative Council meeting of the NLC. He said, “After extensive discussions, the following resolutions were reached: NAC-in-session totally rejects the 50 per cent telecom tariff hike, which it considers too harsh for citizens. It, therefore, strongly condemns the Nigerian Communications Commission’s decision to approve the increase.” “This decision is insensitive, unjustifiable, and a direct attack on Nigerian workers and the general populace, who are already suffering under worsening economic hardship caused by government policies beyond their control.” The union called on Nigerians to prepare for a nationwide boycott of telecommunication services in protest against the increase. Despite the union’s pressure, telecom operators remained firm that the current adjustment was necessary to maintain service quality and support network expansion in an increasingly challenging economic environment. They ruled out negotiations with organised labour on the tariff increase, insisting that no reduction would be made despite the labour threat. The Chairman of the Association of Licensed Telecommunications Operators of Nigeria, Gbenga Adebayo, argued that the approved increase is vital to sustaining telecom operations amid escalating costs. “This increase is a lifeline that enables us to survive. Anything lower would be like giving someone who needs 100 litres of oxygen only a fraction—barely enough to keep them alive but insufficient for long-term survival,” he asserted. To ensure maximum impact, the NLC mobilised the electricity, aviation workers and civil society groups for the protest. However, following the Monday meeting, the NLC resolved to halt the demonstration pending further discussions. Speaking to journalists after the meeting, NLC President, Ajaero, said the government had agreed to set up a larger committee to review the entire tariff structure. According to him, the committee will be composed of five representatives from both sides and is expected to submit its findings within two weeks. Ajaero stated, “We emphasised that the NLC is the largest organisation in Africa, and no stakeholder consultation can exclude us and still stand. On that basis, they agreed to form a broader committee to ensure a fair and inclusive agreement to look at the entire tariff structure as a model to come out with a realistic and all-inclusive agreement. “So, the committee will be made up of five representatives, from both sides and expected to come out with a result after two weeks. That will determine the next line of action and the process of engagement.’’ He added that the union’s next steps, including protests, boycotts, or service withdrawals, would depend on the outcome of the committee’s work. “The symbolic action of submitting the letters tomorrow (today) will be put on hold until the outcome of such a committee. The outcome of such a committee is what will determine our next line of action in terms of protest, in terms of boycott, in terms of even withdrawal of services, which are the three issues we put online,” he explained. While the planned symbolic submission of protest letters had been put on hold, Ajaero noted that the NLC remains concerned about other pressing economic issues, including electricity tariffs and burdensome taxes on workers. “We have also expressed our displeasure over the high electricity tariff and the unbearable tax regime, which is killing workers. These remain unresolved issues that must be addressed,” the labour leader said. The Minister of Information and National Orientation, Mohammed Idris, said the NCC raised the tariff following a study. He stated that the NLC agreed to look at the study to come up with its resolutions, adding that a committee of five representatives each from both sides had been instituted. The minister said, “The crux of the matter is that there is already a study that was conducted by the NCC that led them to arrive at this 50 per cent increase. Now, we are discussing this with Labour. “Labour has agreed that they will look at that study, and then a small committee has been set up to look at that study once again and come up with a final resolution for the consideration of government and Labour in about two weeks. “So, the summary of it is that the Nigeria Labour Congress and the delegation of the Federal Government have set up a committee of five each. “We are going to meet here continuously for the next two weeks, and at the end of the second week, we will now come up with a recommendation that we will give to the government and the organised Labour for final consideration. “Both the organised Labour, the NLC particularly, and the government people have sat down here and have agreed on this position. “So, there won’t be any protest tomorrow (today) by the Nigeria Labour Congress, and there will be some form of report that will come up in about two weeks from now to consider the study and other considerations by both parties.” Meanwhile, the National Civil Society Council of Nigeria, which had initially supported the protest, also announced on Monday the suspension following a high-level … Read more

NLC Declares Warning Strike Tuesday Over 50% Telecom Tariff Hike

  Bauchi State Council of the Nigeria Labour Congress has disclosed that it will embark on a one-day warning strike on Tuesday. The state NLC Chairman, Dauda Shuaibu, made this known on Monday while briefing journalists shortly after an Executive Council meeting held at the NLC headquarters in Bauchi. According to Dauda, the strike is aimed at protesting the Nigerian Telecommunications Commission’s decision to increase tariffs by 50% for calls and data. He explained, “The purpose of the strike is to show our grievances over the increment in tariff by the Nigerian Telecommunications Commission. “We urge all organised labour unions in the state to mobilise their members to participate in the strike.” He added that the NLC has been actively involved in advocating for workers’ rights and protesting policies that negatively impact the workforce. “We will not fold our arms and watch as the government continues to impose harsh policies on the people. “We will continue to fight for the rights of workers and the general public,” he said. He urged the Federal Government to take immediate action to address the grievances of workers and the general public. “Failure to do so may lead to further industrial action. We are giving the government an opportunity to review the tariff increase and consider the plight of workers and the general public. “If they fail to do so, we will be forced to take further action,” he added. Punch