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Sonko, 48, was accused of raping a woman who worked in a massage parlour in 2021, when she was 20, and making death threats against her. "With this sentence Sonko cannot be a candidate," said one of his lawyers, Bamba Cisse. University law professor Ndiack Fall said Sonko could demand a retrial if he turns himself in to authorities. But Sall's second term has been particularly turbulent for a country usually viewed as one of West Africa's strongest democracies. Separately, Sonko is appealing against a six-month suspended prison sentence for libel.
Persons: Ousmane Sonko, Bamba Cisse, Ndiack Fall, Sonko's, Sonko, Macky Sall, Sall, Ngouda Dione, Bate Felix, Sofia Christensen, Estelle Shirbon, Christina Fincher, Matthew Lewis Organizations: University, REUTERS, Thomson Locations: DAKAR, Dakar, West, Dakar Senegal, Senegal
In a seemingly off-the-cuff remark during his inaugural speech Monday, Tinubu declared, “the fuel subsidy is gone,” adding that it was unsustainable. The last time the government tried to remove fuel subsidies in 2012, it sparked nationwide protests. Fuel subsidies are a drain on public finances and many argue that they have led to widespread abuse and corruption. Previous governments have tried unsuccessfully to remove the fuel subsidy, which has kept gas prices artificially low, although they have steadily climbed through the years. Fuel subsidies were not sustainable, but ending them “abruptly” without provision for economic and social consequences was “reckless,” he added.
Persons: Bola Tinubu, Tinubu, , Joe Ajaero, Goodluck Jonathan, Sam Amadi, ” Amadi, NNPC Organizations: Nigeria CNN —, CNN, National Petroleum Corporation, Nigeria’s Labour Congress, Occupy, Abuja School of Social, Locations: Abuja, Nigeria, Africa’s, State, Occupy Nigeria
ABUJA, Nigeria - May 29, 2023: Nigeria's President-elect Bola Ahmed Tinubu arrives to attend swearing-in ceremony at Eagle Square in the capital. Tinubu inherits a fractured society a crippled economy as he takes the reins of Africa's most populous nation. He succeeds Muhammadu Buhari, also of the All Progressives Congress (APC) party, who departs with a widely criticized economic record. Economic turmoilAs former governor of Lagos state between 1999 and 2007, Tinubu was credited with modernizing Nigeria's commercial hub and vastly expanding the regional economy. His predecessor Buhari deployed a series of protectionist economic policies and spooked international investors.
Persons: Bola Ahmed Tinubu, Tinubu, Muhammadu Buhari, Atiku Abubakar, Peter Obi of, Buhari Organizations: Nigeria's, Eagle, New, Progressives Congress, Peoples Democratic Party, Labour Party Locations: ABUJA, Nigeria, New Nigerian, Africa's, Lagos
The war in Ukraine exacerbated supply chain logjams and manufacturing issues that began with the COVID-19 pandemic. Managing foreign exchange costs is largely what is driving a pivot to African suppliers, Unilever said, even though sourcing from the continent can cost more than buying from parts of Asia. “Over 95% of the brands we sell to our (African) consumers are made in African factories,” Reginaldo Ecclissato, Unilever’s chief business operations and supply chain officer, told Reuters. Today more than two-thirds of the ingredients that go into Unilever products sold in African markets come from the continent, the company said. Where is it on the scale of Unilever’s supply chain?” he said.
Persons: Kasali, ” Kasali, , Knorr, Hellmann’s, Reginaldo, Tedd George, Nestle, , Pierre, André, Ecclissato, it’s, bouillon, Iranloye, Busari, Unilever’s Ecclissato Organizations: Reuters, Unilever, REUTERS, ” Unilever, Nestle, Danone, sorbitol Locations: ALAYIDE, Nigeria, Oyo, Africa, Ukraine, Asia, India, China, South Africa, Lagos, Oyo State
Frederick Baba is leaving Goldman Sachs months after becoming a partner, Bloomberg reports. The Goldman Sachs executive who spoke out about his experience as a Black trader on Wall Street is leaving the firm, according to a new report. Goldman Sachs declined to comment. After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO. That's part of the virtuous ecosystem of Goldman Sachs," he added.
Buhari, a taciturn former military ruler, leaves Africa's biggest economy and most populous nation deeply divided. But what authorities promised would be the country's freest and fairest election yet ended in frustration for many. Buhari defends his record, saying new infrastructure such as roads, bridges and airports, and the protectionist policies have laid the foundations for future growth. Separatist and gang violence plague the southeast, and clashes between farmers and herders persist in hinterland states known as Nigeria's Middle Belt. A former Lagos state governor, Tinubu has promised to be a better steward of the economy.
Opposition MP Ramatoulaye Bodian said politicians and mayors had planned to visit Sonko at home on Monday, but were prevented by police who fired tear gas at them. Senegal's interior minister said Sunday's caravan had not sought permission and was stopped for security reasons. Senegal is seen as one of West Africa's strongest democracies and has a two-term limit for presidents. A guilty verdict could rule Sonko out of the election. Additional reporting by Joel Kouam Writing by Edward McAllister; Editing by Hugh Lawson and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
SummarySummary Companies Tinubu succeeds former military leader BuhariNigeria divided after disputed electionAfrica's biggest economy faces headwindsInsecurity spread under BuhariABUJA, May 29 (Reuters) - Bola Tinubu was sworn in as Nigeria's president on Monday, facing mounting calls to improve economic and security conditions which many complain worsened under his predecessor Muhammadu Buhari. Tinubu, the former Lagos state governor and a member of Buhari's party, has promised to be a better steward of Africa's biggest economy and most populous nation. A raft of protectionist economic policies and foreign currency interventions have also spooked investors. Buhari defended his record on Sunday, saying new infrastructure such as roads, bridges and airports, and the protectionist policies have laid the foundations for future growth. Separatist and gang violence plague the southeast, and clashes between farmers and herders persist in hinterland states known as Nigeria's Middle Belt.
LAGOS, May 29 (Reuters) - Nigeria's new president Bola Tinubu faces a litany of problems, including widespread violence, double-digit inflation and industrial-scale oil theft. Tinubu says he will build on Buhari's public infrastructure programme to create jobs and remove legal limits on government spending. Tinubu says he will reduce corporate tax to attract investment and plug tax loopholes to boost revenue. Tinubu says he will set up a surveillance unit to protect the country's pipelines and attract new investors with tax incentives. Tinubu wants to recruit more soldiers and police officers, while paying and equipping them better.
Nigeria's Tinubu sworn in as president
  + stars: | 2023-05-29 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsNigeria's Tinubu sworn in as presidentPostedBola Tinubu was sworn in as Nigeria's president on Monday following a disputed election. He faces pressure to quickly improve economic and security conditions. Edward Baran has more.
Reaction: Biden, McCarthy debt ceiling deal
  + stars: | 2023-05-28 | by ( ) www.reuters.com   time to read: +4 min
WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate. DEMOCRATIC REPRESENTATIVE TED LIU"Tonight, I have been informed that there is an agreement in principle between the White House and House Republicans. This was a House Republican manufactured crisis. REPUBLICAN REPRESENTATIVE BOB GOOD​ "I am hearing the 'deal' is for a $4 trillion increase in the debt limit. "If we didn't reach a deal … the average American person would clearly see a hit ... we had to reach some kind of conclusion here."
ABUJA, May 28 (Reuters) - Nigeria's President Muhammadu Buhari on Sunday defended his record on the economy and the outcome of a disputed presidential election, saying he was leaving a legacy of credible and fair votes, a day before he hands over power to his successor. Buhari first came to office in 2015 after promising to reboot the economy and end corruption and insecurity, but many Nigerians say these issues have worsened under his watch. Incoming President Bola Tinubu's victory is being challenged by his two closest opposition rivals, and on Tuesday a tribunal will begin to hear the main arguments in the election petition. Tinubu is inheriting anaemic economic growth, record debt and shrinking oil output. Life is tough for Nigerians, and a tangle of protectionist economic policies and foreign currency interventions have caused dollar shortages and spooked investors.
[1/5] Members of Vesta Orchestra and Opera Foundation perform during a concert they organized at the Alliance Francaise de Lagos / Mike Adenuga Centre in Lagos, Nigeria May 20, 2023. It was the latest show staged by the Vesta Orchestra, founded in 2017 by violinist Rosalyn Aninyei, which has enlivened the classical music scene in Lagos by performing new works by contemporary Nigerian and African composers. The music had clear connections with the classical repertoire rooted in Europe, but the choice of the Yoruba language and the story anchored the performance in Nigeria. "I am so happy that there are events like this in Nigeria," said Kayode Oshundun, who was attending his first performance by Vesta. "My flat was actually behind the opera house and it was always a dream of mine to come home ... and discover our own classical music," she said.
In 2010, Busayo Olupona was working as a corporate finance lawyer in New York City when she began making dresses from traditional African textiles, both as a creative outlet and as a way to connect with her heritage. In 2013, she decided to turn her hobby into a business, launching Busayo, a collection of full-skirted dresses, voluminous pants and puff-sleeved tops, all produced in the country where she spent her childhood. Over the past decade, her designs have been spotted on celebrities like Lupita Nyong’o and Gwyneth Paltrow, and picked up by luxury retailers including Neiman Marcus and Moda Operandi. When she’s home in Brownsville, Brooklyn, Olupona jumps at any opportunity to host a gathering. “Nigerians love a good party,” she says, recalling childhood memories of her parents and their friends dancing to the jùjú music by Shina Peters and King Sunny Ade, dressed up in Nigerian lace and head wraps.
Despite being Africa's biggest oil producer, Nigeria imports petrol, diesel and processed petroleum products because its refineries were run down over the years. The refinery needs a constant supply of crude but Nigeria's oil production has been declining due to oil theft, vandalism of pipelines and underinvestment. Lower production would affect state-owned oil company NNPC Ltd's ability to fulfil an agreement to supply Dangote refinery with 300,000 bpd of crude, said economist Kelvin Emmanuel, who authored a report on oil theft last year. "There are risks with supply of crude oil feedstock. Energy Aspects, however, said in the long run, the Dangote refinery could end Nigeria's gasoline deficit, reshape the Atlantic basin gasoline market and export diesel that meets European Union specifications.
Ships in the Autonomous Port of Cotonou in Benin, West Africa. Prosper Dagnitche/AFP/Getty ImagesThe stream of used cars heading to West African ports is only expected to increase with the West’s shift to electric vehicles. “It’s not like people want to drive used cars; it’s an affordability issue.”Experts say demand for used cars could explode further as the take up of electric cars in the West increases the supply of used cars to African countries. Those states also have robust port operations, making them an ideal place to ship used cars to Africa. “In terms of where Africa goes, the transition shouldn’t necessarily be from used cars to brand new combustion engines, it should be from used cars to EVs,” Ipke said.
Visually recreating the archival photos allowed the subjects to step into their parents’ shoes — sometimes helping to mend fractures in those relationships, Lui said. Kyle Lui The series includes written reflections by participants that explore themes such as family, identity, race and nationality. Kyle Lui Some photos are taken in exactly the same place as the old ones, while others require a bit more creativity. Kyle Lui Alan's late father, pictured in front of an apartment building in New York's Chinatown. Kyle Lui Akil's father, pictured in a similar stance and setting — but with posters of reggae legend Bob Marley.
CNN —Two employees of the US Mission in Nigeria have been found “alive and safe” days after an attack on a US convoy left seven others dead. The US Mission in Nigeria said Friday that those two employees were “under the protection of Nigerian authorities in Anambra,” and that their families had been informed of their safe recovery. Mission personnel are on their way to meet and accompany them home,” the mission said in a statement. The other seven members of the convoy – three other employees of the US Mission and four police officers – were killed in the attack. “We mourn the loss of our other steadfast colleagues and four police escorts, who were advancing humanitarian work in the region,” US Mission Nigeria said in a tweet Friday.
Four People Killed in Attack on U.S. Convoy in Nigeria
  + stars: | 2023-05-18 | by ( Jessica Donati | ) www.wsj.com   time to read: 1 min
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“Obi visited Tinubu. The Labor Party Presidential candidate H.E Peter Obi visited the President Elect Tinubu. Obi denied visiting Tinubu during an interview on Arise News on May 1 (here ), time stamp 30:00. A photo said to show Peter Obi standing next to president-elect Bola Tinubu has been digitally altered. The original version does not feature Obi, who denied visiting Tinubu during an interview on May 1.
Podcast: Saving the planet meets voter resistance in Germany
  + stars: | 2023-05-17 | by ( ) www.reuters.com   time to read: 1 min
A backlash over the cost of climate-friendly policies is hitting Germany’s Green Party. What does this voter resistance mean for the fight against climate change in the rest of the world? Argentina becomes the latest Latin American country to green light mifepristone – the drug at the centre of the U.S. abortion battle. Plus, all the latest on the debt ceiling talks and a cooking marathon in Nigeria. Our Standards: The Thomson Reuters Trust Principles.
But casting for a colorblind utopia can be a problem when your aim is to depict racial injustice. Nontraditional casting is of particular value where there’s a tradition to be bucked; familiar works or historical episodes can be experienced in fresh ways. In high school, I was cast as the menacing Goldberg in Harold Pinter’s 1957 play, “The Birthday Party.” (“Mazel tov! There’s a useful analogy, speaking of Goldberg variations, in the “historically informed performance” movement in music. But who would limit themselves to “authentic” performances of Bach’s “Goldberg” Variations — and thus miss the marimba player Pius Cheung’s rendition?
[1/5] An Igbo-Ukwu bronze, which, according to the museum, dates back to the 9th century, is displayed with other Igbo-Ukwu bronze artefacts at the Nigerian National Museum in Lagos, Nigeria, March 22,... Read moreLAGOS, May 17 (Reuters) - At the National Museum in Lagos, workers carefully remove rust and patina from Igbo-Ukwu Bronze artefacts, part of restoration work on some of Nigeria's oldest but lesser known collections. The Igbo-Ukwu, which date back to the 9th century according to the museum, were discovered in 1939 in southeastern Anambra state, part of the region inhabited by the Igbo people. Their restoration comes at a time when there is uncertainty about the return of thousands of the more famous Benin Bronzes from museums and collectors abroad. At the museum in Lagos, curator Omotayo Adeboye said she considered the Igbo-Ukwu "masterpieces of creativity and indigenous craftsmanship." Reporting by Angela Ukomadu, writing by MacDonald Dzirutwe, Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Nigeria is the globe's biggest producer of cassava, or yuca. It could stand to earn billions from exports of flour, sorbitol, bubble tea, and ethanol.
[1/6] Nigerian Chef Hilda Bassey, 27, attempts to break the Guinness World Record for the longest cooking time by an individual, in Lagos, Nigeria May 15, 2023. REUTERS/Temilade AdelajaLAGOS, May 16 (Reuters) - A Nigerian chef has spent 100 hours preparing meals non-stop, aiming to set a Guinness World Record for the longest ever cooking session by an individual. Hilda Bassey, a chef in the mega city of Lagos, has captivated the country with her marathon cooking, which started on Thursday and ended on Monday night. The current longest cooking record is held by Indian chef Lata Tondon, who set a time of 87 hours and 45 minutes in 2019. Bassey's time will need to be certified by Guinness World Record officials before it can be made official.
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