News Update
-
World Bank Approves $632 Million in Loans to Boost Nigeria’s Nutrition and Education Sectors
The World Bank has approved two new loans totaling $632 million to support key sectors in Nigeria, focusing on nutrition…
Read More » -
Confederation of Sahel States Introduces 0.5% Import Tariff to Fund Regional Integration
The Confederation of Sahel States (CSS), comprising Mali, Burkina Faso, and Niger, has implemented a 0.5% tariff on imports from…
Read More » -
Nigeria generates highest ever electricity in its history – 5,801MW
Nigeria has achieved a historic milestone in electricity generation, recording its highest-ever output of 5,801 megawatts on March 4, 2025.…
Read More » -
Nigeria Partners with Saudi Arabia to Tap into $7.7 Trillion Halal Economy
Nigeria has taken a significant step toward becoming a key player in the global halal market with the signing of…
Read More » -
UK Suspends Aid and Imposes Sanctions on Rwanda Over Congo Conflict
The United Kingdom has suspended direct bilateral aid to Rwanda and imposed a series of diplomatic and economic restrictions in…
Read More » -
Nigeria’s GDP Growth Hits 3.84% in Q4 2024, Driven by Services Sector
Nigeria’s Gross Domestic Product (GDP) expanded by 3.84% year-on-year in real terms during the fourth quarter of 2024, marking a…
Read More » -
Federal Government’s Rerouting of Lagos-Calabar Coastal Highway Sparks Controversy
The Federal Government’s decision to reroute the Lagos-Calabar Coastal Highway inland to avoid constructing multiple bridges across five states has…
Read More » -
Zimbabwe to Launch Third Satellite into Space in Less Than Five Years
Zimbabwe is set to launch its third earth observation satellite, ZimSat-3, just months after successfully deploying its second satellite, ZimSat-2.…
Read More » -
South Africa Proposes Tax on Google and Meta to Support Local Media
South Africa’s Competition Commission has placed major tech companies like Google and Meta (Facebook) under scrutiny, calling for a fairer…
Read More » -
Nigerian Government Spends $8 Billion to Stabilize Naira Amid Economic Challenges
The Nigerian government has reportedly spent approximately $8 billion in its ongoing efforts to stabilize the naira, yet the currency…
Read More »