Latest News

CBN cuts interest rate the second time in five months

Nigeria’s central bank has cut its benchmark interest rate for the second time in...

Nine out of 20 world’s fastest-growing economies in Africa — IMF

The International Monetary Fund (IMF) has expressed optimism on the present economic situation in...

U.S. Supreme Court strikes down Trump’s “illegal” global tariffs

The U.S. Supreme Court on Friday struck down a broad set of global tariffs...

African leaders adopt water vision 2063, targets $30bn funding gap

African heads of state have formally adopted and launched a new continental water policy,...

Debt-burdened Deap Capital changing name as it shifts to minerals

Financial services firm Deap Capital Management & Trust Plc is moving to overhaul its...

Third Nigerian extradited to U.S. over sextortion linked to teen’s death

A 26-year-old Nigerian man has been extradited to the United States to face charges...

With executive order, Tinubu alters Nigeria’s oil law, overriding National Assembly

President Bola Tinubu has moved to rewrite key fiscal provisions of Nigeria’s landmark 2021...

Tinubu strips NNPC of billions in retained oil revenue, orders direct remittance to federation account

President Bola Tinubu has ordered a sweeping overhaul of Nigeria’s oil revenue architecture, stripping...

Nigeria to scrutinize MTN Group’s $6.2 billion IHS Towers acquisition

Nigeria’s government will subject MTN Group’s proposed $6.2 billion acquisition of IHS Towers to...

UK promises faster passport returns for Nigerians as it rolls out eVisas

Nigerian applicants for UK visit visas will soon get their passports back more quickly,...

African leaders seek “new era” of malaria funding after U.S. aid cut

African heads of state have called for a reset in malaria financing, warning that...

Nigerian govt, Ericsson launch tech hackathon for youth, startups

Telecom giant Ericsson has partnered with the Nigerian government to launch the Connect NextGen...

Nigerian-Canadian tech scholar appointed to UN panel on AI

A Nigerian-born computer scientist has been appointed to one of the United Nations’ most...

Trump dismantles key climate ruling declaring greenhouse gases a health threat

U.S. President Donald Trump has revoked a landmark 2009 federal ruling that classified greenhouse...

IMF backs South Africa’s business reforms, warns on rising debt

The International Monetary Fund (IMF) has endorsed South Africa’s ongoing business and structural reforms,...

NAFDAC insists sachet alcohol ban stands amid FG confusion

The National Agency for Food and Drug Administration and Control (NAFDAC) has dismissed reports...

Japaul Gold GMD resigns after seven years as profit falls

Japaul Gold & Ventures Plc has announced the resignation of its Group Managing Director,...

Tantalizers’ entertainment arm secures ₦2 billion at ₦30 billion valuation

Tantalizers Plc is pushing deeper into entertainment and digital media after its subsidiary, Tantainment...

Jumia pushes toward break-even in 2026 after years of losses

Jumia Technologies is showing its strongest operational momentum in years, pairing accelerating sales growth...

$9.5m grant issued for Zambezi Basin climate resilience

Zambezi River Basin, one of Africa’s most vital shared freshwater systems, has secured a...