News Update
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Russia Strengthens Military Ties with the Confederation of Sahel States
Russia has pledged to assist the Confederation of Sahel States (CSS) in forming a joint military force, offering military consultations,…
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CSS Foreign Ministers to Visit Moscow for First CSS-Russia Consultations
The foreign ministers of the Confederation of Sahel States (CSS), comprising Burkina Faso, Mali, and Niger, are set to visit…
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Nigeria Sovereign Investment Authority Reports Record ₦1.86 Trillion Profit Amid Oil Theft Decline
The Nigeria Sovereign Investment Authority (NSIA) has announced a record-breaking profit of ₦1.86 trillion for the 2024 financial year, marking…
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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…
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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…
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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.…
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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…
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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…
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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…
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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…
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