Bill Gates Pledges $200bn Fortune to Transform Health and Education in Africa by 2045

Microsoft founder Bill Gates says that most of his $200bn (£150bn) fortune will be spent on improving health and education services in Africa over the next 20 years. The 69-year-old said that “by unleashing human potential through health and education, every country in Africa should be on a path to prosperity”. Speaking in Ethiopia’s capital Addis Ababa, he also urged Africa’s young innovators to think about how to build Artificial Intelligence (AI) to improve healthcare on the continent. Gates announced last month that he would give away 99% of his vast fortune by 2045, by when his foundation planned to end its operations. “I recently made a commitment that my wealth will be given away over the next 20 years. The majority of that funding will be spent on helping you address challenges here in Africa,” he said in an address at the African Union (AU) headquarters. Mozambique’s former First Lady Graça Machel welcomed his announcement, saying it came in a “moment of crisis”. “We are counting on Mr Gates’ steadfast commitment to continue walking this path of transformation alongside us,” she said. The US government has cut aid to Africa, including programmes to treat patients with HIV/Aids, as part of US President Donald Trump’s “America First” policy, raising concerns about the future of healthcare on the continent. Gates said his foundation, which has a long history of operating in Africa, would focus on improving primary healthcare. “What we’ve learned is that helping the mother be healthy and have great nutrition before she gets pregnant, while she is pregnant, delivers the strongest results,” he said. “Ensuring the child receives good nutrition in their first four years as well makes all the difference.” In a message to young innovators, the tech billionaire noted that mobile phones had revolutionised banking in Africa, and argued that AI should now be used for the continent’s benefit. “Africa largely skipped traditional banking and now you have a chance, as you build your next generation healthcare systems, to think about how AI is built into that,” he said. Gates pointed to Rwanda as an example, saying it was already improving services using AI-enabled ultrasound to identify high-risk pregnancies. The Gates Foundation said it had three priorities: ending preventable deaths of mothers and babies, ensuring the next generation grows up without having to suffer from deadly infectious diseases, and lifting millions of people out of poverty. “At the end of 20 years, the foundation will sunset its operations,” it said in a statement. Last month, Gates said he would accelerate his giving via his foundation. “People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them,” he wrote in a blog post. Giving away 99% of his fortune could still leave the fifth-richest person in the world a billionaire, according to Bloomberg. Along with Paul Allen, Gates founded Microsoft in 1975, and the company soon became a dominant force in software and other tech industries. Gates has gradually stepped back from the company in recent decades, resigning as its chief executive in 2000 and as chairman in 2014. He said he had been inspired to give away money by investor Warren Buffett and other philanthropists. However, critics of his foundation say Gates uses its charitable status to avoid tax and that it has undue influence over the global health system.

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Russia-Ukraine Peace Talks End Without Ceasefire Deal Prisoner Exchange Agreed

Kyiv demands full ceasefire, Moscow pushes “lasting peace” amid deep divides A second round of direct peace talks between Russia and Ukraine, held in Istanbul, Turkey, has ended without a major breakthrough. The only agreement reached was on a limited exchange of prisoners of war, with both sides pledging to swap all sick and heavily wounded captives, as well as those under 25. Ukraine’s negotiating team, led by Defence Minister Rustem Umerov, accused Russia of rejecting its key demand for an “unconditional ceasefire” across land, sea, and air for at least 30 days. Kyiv said it had submitted a ceasefire proposal days before the talks, but Russia only presented its plan during the session. Russia’s delegation, led by Vladimir Medinsky, offered a limited truce in unspecified areas of the front line for two to three days. Medinsky also confirmed that Russia would return the bodies of 6,000 Ukrainian soldiers to Kyiv next week. No timeline was given for the agreed prisoner exchange. Deep Divisions Persist The talks, lasting just over an hour, highlighted the ongoing rift between both sides. Moscow insists on Ukraine’s withdrawal from its four partly occupied regions—Donetsk, Luhansk, Kherson, and Zaporizhzhia—as well as Crimea, which Russia annexed in 2014. Russia also demands Kyiv’s demilitarisation, a ban on NATO membership, Russian as an official language, and an end to sanctions. Kyiv and its Western allies have firmly rejected these demands, calling them tantamount to Ukraine’s de facto surrender. Ukrainian officials also presented a list of hundreds of children allegedly deported to Russia, demanding their return. Next Steps Unclear Umerov said Ukraine expects Russia’s formal response to its ceasefire proposals by the end of June and called for a direct meeting between Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin. However, no concrete plans have been made for such talks. In Vilnius, where he was attending a summit, Zelensky said, “While there are no meaningful signals from Russia to end the war, it is important to strengthen our defence.” He also urged for more sanctions pressure on Russia. Meanwhile, US President Donald Trump has continued to advocate for a quick settlement but has delayed imposing tougher sanctions on Moscow. Trump, who previously called Putin “absolutely crazy” after a wave of Russian drone and missile attacks, has been criticised for what some see as a soft stance on Russia. With no major progress from the peace talks, the war—now in its third year since Russia’s full-scale invasion in February 2022—grinds on, with Moscow still controlling around 20% of Ukrainian territory.

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Cristiano Ronaldo’s Future Uncertain as Al-Nassr Push for New Deal Amid Transfer Rumours

By [Kamal Yalwa] The future of football legend Cristiano Ronaldo has become a hot topic of speculation as the summer transfer window kicks off, with his contract at Al-Nassr set to expire on 30 June 2025. Reports have swirled about the potential next chapter for the five-time Ballon d’Or winner, who remains one of the most marketable and iconic figures in global football even at 40 years old. Rumours have linked Ronaldo with several clubs, including Wydad Casablanca and Botafogo, both reportedly keen to secure his services ahead of the upcoming FIFA Club World Cup. There has also been talk of a sensational switch to Al-Hilal, Al-Nassr’s fierce rivals in the Saudi Pro League—a move that would undoubtedly shake up the Saudi football landscape. Renowned football transfer expert Fabrizio Romano has shed light on the situation, reporting that Al-Nassr are actively working to keep Ronaldo at the club. “Al-Nassr are set to present their plan to Cristiano Ronaldo hoping to get new deal sorted,” Romano shared on his official X (formerly Twitter) account. While the details of Al-Nassr’s offer remain undisclosed, it is clear that the club is eager to extend their partnership with Ronaldo, who has been a major draw in the Saudi Pro League both on and off the pitch. Fans around the world eagerly await confirmation of Ronaldo’s next move, as the summer transfer window promises more drama and intrigue surrounding the future of the football icon.

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FIFA Club Management Program Berths in Nigeria

Officials of world football-ruling body, FIFA, have arrived in Nigeria to superintend a two-day workshop for chairmen and chief operating officers of Nigeria’s football leagues and premier league clubs, taking place at the Transcorp Hilton Hotel on Tuesday, 3rd June and Wednesday, 4th June 2025. The workshop is geared towards taking a critical look into the management model of Nigeria football clubs and the leagues, with the purpose of opening new vistas and insights in proper governance, improving commercial viability and broadening the world-view of the administrators to drive their teams towards real growth and sustainability. A total of 40 persons are expected from the 20 Nigeria Premier Football League clubs (Chairman and CEO of each club), with the Chairmen and Chief Executive Officers of the Nigeria Premier Football League, Nigeria National League, Nigeria Women Football League and the Nigeria Nationwide League One also to take part. President of NFF, Alhaji Ibrahim Musa Gusau, will lead a small team from the Federation, alongside the NFF 2nd Vice President, Hon. Gbenga Elegbeleye and the General Secretary, Dr Mohammed Sanusi. FIFA’s delegation is led by El Hadji Wack Diop, Head of FIFA Regional Office for West and Central Africa, and includes Rasoamahenina Sanda Manonisoa, Marcos Piccalo, Federico Perez, Javier Sobrino and Laurent Colette. Colette is a former managing director of French top club Olympique de Marseille, while Sobrino is a former chief strategy and innovation officer of Spain’s leading club, FC Barcelona. Each of the 20 NPFL clubs is expected to submit a document indicating a clear pathway to financial autonomy, while taking good advantage of the history and assets of the clubs to grow them into global brands. The sessions will offer nuggets on strategic planning, finance, commercial and marketing, and governance.

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Int’l Friendly: Injuries, Withdrawals Alter Chelle’s Army to Face Russia

A number of withdrawals and injuries to some players have combined to alter the list of players who will appear for Nigeria in Friday’s international friendly match in Moscow, from the original list drawn up by Super Eagles’ Head Coach Eric Chelle. The goalkeeping sector is unaffected as first choice Stanley Nwabali was not listed for the trip in the first place, as a result of the upcoming burial rites for his late parents. Italy-based Maduka Okoye and Tanzania-based Amas Obasogie will still fight for the goal-tender’s starting shirt. In the rearguard, captain William Ekong is in Moscow alongside Bright Osayi-Samuel, joining the Unity Cup trio of Bruno Onyemaechi, Semi Ajayi and Igoh Ogbu. However, Nottingham Forest’s Ola Aina excused himself from the friendly, and Coach Chelle has had to draft in the Unity Cup duo of Sodiq Ismaila and Benjamin Fredericks. Former junior international Fredericks impressed on his debut against Jamaica on Saturday. In the midfield, injury to Wilfred Ndidi has handed Enugu Rangers’ ace Saviour Isaac the opportunity to shine. Isaac is a key member of the Eagles B, which will participate in the African Nations Championship finals in August. He will join Frank Onyeka, Raphael Onyedika, Fisayo Dele-Bashiru, Christantus Uche and Papa Daniel Mustapha to fight for shirts in the middle of the pack. At the fore, Unity Cup ace Samuel Chukwueze, and Kelechi Iheanacho, have excused themselves to attend to family matters, while Spain-based Sadiq Umar has suffered an injury. Nathan Tella’s United Kingdom passport is undergoing a renewal process, so he is unable to travel. This situation has left Chelle with only Victor Boniface, Simon Moses and Tolu Arokodare in the attack, and he has had to call up Russia-based former junior international Olakunle Olusegun, who plays for Krasnodar FC. The team, which arrived in Moscow on Monday, will begin training sessions on Tuesday. The match will take place at the 78,000-capacity Luzhniki Stadium, which is the largest football stadium in Russia and the ninth-largest in the whole of Europe. SUPER EAGLES FOR RUSSIA FRIENDLY: Goalkeepers: Maduka Okoye (Udinese FC, Italy); Amas Obasogie (Singida Blackstars, Tanzania) Defenders: William Ekong (Al-Kholood FC, Saudi Arabia); Bright Osayi-Samuel (Fenerbahce SK, Turkey); Bruno Onyemaechi (Olympiacos FC, Greece); Oluwasemilogo Ajayi (West Bromwich Albion, England); Igoh Ogbu (SK Slavia Prague, Czech Republic); Sodiq Ismaila (Remo Stars); Benjamin Fredericks (Brentford FC, England) Midfielders: Frank Onyeka (Augsburg FC, Germany); Raphael Onyedika (Club Brugge, Belgium); Fisayo Dele-Bashiru (Lazio FC, Italy); Chrisantus Uche (Getafe CF, Spain); Papa Daniel Mustapha (Niger Tornadoes); Saviour Isaac (Enugu Rangers) Forwards: Victor Boniface (Bayer Leverkusen, Germany); Simon Moses (FC Nantes, France); Tolu Arokodare (KRC Genk, Belgium); Olakunle Olusegun (Krasnodar FC, Russia)

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Fitch Upgrades Fidelity Bank’s National Rating to ‘A+(nga)’ on Strong Capital Position and Resilient Earnings

Fitch Upgrades Fidelity Bank’s National Rating to A+(nga) on Strong Capital Position and Resilient Earnings

By [Kamal Yalwa] Global credit rating agency, Fitch Ratings, has upgraded Fidelity Bank Plc’s National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’, while affirming its Long-Term Issuer Default Rating (IDR) at ‘B’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers, sustained earnings growth, and prudent risk management practices. According to Fitch, Fidelity Bank’s Fitch Core Capital (FCC) ratio improved to 29.9% at the end of 2024, significantly above the regulatory minimum and one of the highest in Nigeria’s banking industry. The rating agency cited the bank’s robust capital base, improved profitability, and stable deposit structure as key factors driving the upgrade. The development comes on the back of successful capital-raising initiatives by Fidelity Bank, including a rights issue and a public offer, which boosted its capital base. Fitch also noted expectations of further capital inflows ahead of the Central Bank of Nigeria’s (CBN) N500 billion minimum capital requirement deadline for international banks in 2026. Commenting on the development, Dr. Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer of Fidelity Bank Plc, said: “This upgrade by Fitch Ratings affirms the resilience of our business model, the strength of our risk management practices, and our unwavering focus on delivering sustainable value to stakeholders. Despite a challenging macroeconomic environment, we have continued to maintain strong asset quality, solid profitability, and ample liquidity.” Fidelity Bank recorded improved earnings in 2024, driven by higher net interest income and efficiency in deposit mobilization. As of year-end 2024, 93% of the bank’s total deposits were low-cost current and savings accounts (CASA), reflecting one of the strongest deposit structures in the Nigerian banking industry. Fitch also ranked Fidelity Bank as the sixth-largest bank in Nigeria by total assets, controlling approximately 5% of the industry’s asset base. The bank’s well-diversified funding profile, robust risk controls, and expanding digital banking footprint further supported the positive rating action. The rating upgrade is expected to enhance investor confidence and support the bank’s capital market activities, including efforts to expand its operations locally and across key international markets. Fidelity Bank currently serves over 9.1 million customers through 255 business offices in Nigeria and its UK subsidiary, FidBank UK Limited. The bank has earned multiple recognitions for innovation, SME support, and digital transformation, including: As regulatory and macroeconomic pressures continue to shape the Nigerian banking landscape, Fidelity Bank’s improved rating underscores its strong fundamentals, capital adequacy, and operational resilience—positioning it to capture future growth opportunities across retail, commercial, and investment banking segments.

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Ondo Vice Principal Beaten by Thugs for Stopping Exam Malpractice

By [Kamal Yalwa] A Vice Principal of Complete Child Development College, Aule, Akure, Ondo State, Mr. Rotifa, has been brutally assaulted by suspected thugs allegedly hired by the parent of a student he prevented from cheating in the ongoing West African Senior School Certificate Examination (WASSCE). The attack followed an incident on Monday, May 26, when Mr. Rotifa seized an Android phone from an SS3 student who attempted to use it to cheat during the exam. The student’s mother reportedly confronted the school, demanding the phone’s return and allegedly threatening to deal with any teacher who tried to stop her child from using the device during the exams. Despite the threats, Mr. Rotifa maintained that no student would be allowed to cheat in the examination hall. On Thursday, May 29, the student’s brother—an alumnus of the school—reportedly stormed the school premises, threatening to assault the vice principal. Following the confrontation, Mr. Rotifa reported the matter to the police. However, while returning from an attempt to apprehend the suspects, the police van he was in was ambushed by the gang. The thugs reportedly dragged Mr. Rotifa out of the police vehicle and beat him severely. The injured vice principal was rushed to a hospital for treatment and discharged the following day. However, due to safety concerns, he has not returned to his residence, fearing further attacks. In a statement, the Ondo State Ministry of Education, through its Director of Schools, condemned the attack and assured that those responsible would be brought to justice. The statement reads in part: “The incident started on Monday, May 26, when an Android phone was found with one SS3 student, which is contrary to the rules and regulations of the school. Mr. Rotifa, the vice principal, seized the phone. On Thursday, the student’s mother came to the school to fight with the management, prompting the proprietor to order the phone’s return. Despite this, the student’s brother later harassed the vice principal and threatened to deal with him. After school hours, the boys were seen loitering near the school. Mr. Rotifa was advised to report to the police station, and two policemen accompanied him in a patrol van. However, they were ambushed, and Mr. Rotifa was dragged from the van and assaulted. He was treated and discharged from the hospital but has not returned home due to fear of further attacks. The state government is working with security agencies to ensure the safety of staff and students for the remaining WASSCE papers and to bring the culprits to book.” The Ondo State Government has reiterated its commitment to ensuring a safe learning environment across all schools and has promised that all necessary measures will be taken to protect the lives of teachers and students.

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FG Declares June 6 and 9 as Public Holidays for Eid-ul-Adha

The Federal Government has officially declared Friday, June 6, and Monday, June 9, 2025, as public holidays to mark this year’s Eid-ul-Adha celebration. The announcement was made by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, who extended warm congratulations to all Muslims in Nigeria and across the world on the occasion. Dr. Tunji-Ojo called on the Muslim faithful to emulate the values of sacrifice and faith demonstrated by Prophet Ibrahim (peace be upon him). He also urged Nigerians to use the festive period to pray for peace, unity, and prosperity in the country. The minister reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to reposition Nigeria on the path of sustainable growth and development through its people-focused reforms and the Renewed Hope Agenda. While wishing the Muslim Ummah a joyful Eid-ul-Adha, Dr. Tunji-Ojo appealed to all Nigerians to unite in supporting the administration’s efforts to restore Nigeria’s pride and global standing.

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