Zambia has withdrawn request for a one-year extension of its Extended Credit Facility (ECF) with the International Monetary Fund (IMF), the Fund confirmed on Wednesday with no reason provided for the reversal. The ECF, agreed in 2022, aimed to help Zambia stabilize its finances after defaulting on international debt in 2023. A one-year extension would …
Senegal’s oil production reached 36.1 million barrels in 2025, exceeding initial projections of 30.53 million barrels and the mid-year estimate of 34.7 million, the Ministry of Energy, Oil and Mines reported on Wednesday. Authorities credited the overperformance to well-maintained reservoirs, robust operational performance, and effective well maintenance. READ ALSO: Senegal Unveils Bold Economic Recovery Plan …
The Federal Capital Territory (FCT) Police Command, in collaboration with sister security agencies, has impounded 21 commercial motorcycles and arrested their riders for violating the ban on motorcycle operations along major roads and highways. The enforcement action, conducted today as part of Operation Sweep, saw combined teams of police officers and Vehicle Inspection Officers patrol …
The Federal Competition and Consumer Protection Commission (FCCPC) has listed 521 digital lending companies under its regulatory oversight as Nigeria’s digital credit sector faces stricter enforcement. The January 5, 2026, deadline for full compliance with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 has now passed. Of the 521 companies, 457 have full …
U.S. President Donald Trump has directed the withdrawal of the country from 66 international organisations, saying they no longer serve American interests. The decision, announced in a White House memorandum on Wednesday, aligns with Trump’s “America First” policy. The list includes 31 United Nations bodies and 35 non-UN organisations, many focused on climate change, global …
Company executives, customs brokers, and trade lawyers are preparing for a potential Supreme Court ruling on the legality of President Donald Trump’s global tariffs, which could trigger a fight over up to $150 billion in refunds for duties already paid. The tariffs, imposed under the International Emergency Economic Powers Act (IEEPA) of 1977, have faced …
The United States announced on Wednesday that it has halted all assistance to Somalia’s federal government following allegations that Somali officials demolished a U.S.-funded World Food Programme warehouse and misappropriated dozens of metric tons of aid meant for impoverished residents. The State Department said aid would only resume if the Somali government takes accountability for …
Crowds gathered in Minneapolis on Wednesday to protest and hold a vigil for a woman shot dead during an immigration enforcement operation, as anger mounted over federal officers’ use of force. The 37-year-old woman was shot in the head by an ICE officer in a snowy residential neighbourhood south of downtown. Federal authorities described the …
Ghana’s former finance minister, Ken Ofori-Atta, has been detained by US authorities, his lawyer confirmed on Wednesday. Ofori-Atta, 66, travelled to the US for medical treatment but is wanted in Ghana on suspicion of corruption. He was declared a fugitive in February and formally charged in November. READ ALSO: Ghana Accepts US Deportees, Sparks Debate …
Former Leeds United and Tottenham Hotspur midfielder Terry Yorath has died at the age of 75 following a brief illness. His family shared the news on Thursday, remembering him as both a footballing hero and a devoted father. “To most, he was a revered footballing hero, but to us, he was Dad, a quiet, kind …
