Bank of Uganda Wrangles: Why Did BoU Counter Terrorism Policemen attack Ex-Crane Bank Director Rajiv Ruparelia

By DailyNewsUG Correspondent, Kiira Road Police Station in Kampala are investigating a Friday morning incident in which city businessman Rajiv Ruparelia was beaten by Police counter terrorism guards attached to Bank of Uganda. This attack comes off the heels of Bank of Uganda Vs Ruparelia Group case in which Court of Appeal dismissed a multi-billion case in which Bank of Uganda had sued the businessman and company Meera Investments. Just a few weeks ago, in a ruling read in Court by Registrar Mary Babirye, Deputy Chief Justice Alfonse Owiny -Dollo, Justice…

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Nigeria’s 1st Female Combat Helicopter Pilot Killed In a Freak Car Accident

By DailyNewsUG Correspondent, Lagos, Nigeria (DailyNewsUG) Tributes have poured in after Nigeria’s first female combat helicopter pilot was killed in a freak car accident Tuesday. Tolulope Arotile, 24, died of head injuries sustained after a former school friend accidentally reversed into her while she was trying to greet her, the country’s air force said in a statement. President Muhammadu Buhari said he received the news with “deep pain” and sent condolences to her family and colleagues, his aide said in a statement The young pilot was killed in a car…

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World’s Rarest Gorillas Spotted with Babies in Dense Nigerian Forest

By Aisha Salaudeen, |DailyNewsUG| In a rare sighting, conservationists have captured new images of the world’s rarest gorillas with several babies in southern Nigeria. The Cross River gorillas were spotted in the dense Mbe Mountains in Cross River state by a camera set up by the Wildlife Conservation Society. The subspecies is critically endangered and at one point only about 300 were known to be alive within the mountainous area in Nigeria and Cameroon, according to the International Union for Conservation of Nature. The most endangered gorilla subspecies in the world has been sighted in southern…

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PEP Shuts Down Business in Uganda

By DailyNewsUG Business Correspondent, |DailyNewsUG| South Africa’s largest single brand discount retailer in Africa, PEP is closing down business in Uganda. By close of this year (2020), PEP stores would have closed shops in Uganda, rendering more than 80 employees jobless. One of the reasons resulting into closure of PEP operations in Uganda is the pressure occasioned by coronavirus (COVID-19) disruptions. In Summary PEP Uganda started operations in 2016 and it served as a strategic platform to enter the East African market with plans to expand and scale operations. These…

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