The International Monetary Fund (IMF) has concluded its latest mission to Senegal without finalizing a new lending programme, though discussions are still ongoing. Mission Chief Edward Gemayel confirmed that negotiations would continue in the coming weeks, noting that Senegal’s government was committed to restoring fiscal discipline after uncovering billions of dollars in unreported debt left …
The Consul-General of the Federal Republic of Germany in Lagos, Mr. Daniel Krulls, has announced plans to significantly accelerate visa processing for Nigerians, with a target of completing all visa categories within three weeks. Krulls made this known during a media briefing in Lagos, where he outlined his key priorities since assuming office. According to …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Deputy Superintendent Sani Yakubu of the Nigerian Security and Civil Defence Corps (NSCDC) before Justice Isiaka of the Kaduna State High Court 12 on a three-count charge of criminal breach of trust and misappropriation of funds. The case, which came up on Monday, …
For the first time in history, the U.S. Labor Department will miss releasing its key employment report for a second consecutive month, as the ongoing government shutdown stretches into its second month, the longest ever recorded. The data blackout has left economists, investors, and policymakers struggling to gauge the true state of the American economy. …
The Federal Government of Nigeria is setting its sights on a new Guinness World Record (GWR), this time for the longest dining table. The event is part of the upcoming ‘Oriki: Taste of Culture’ Gastronomy Festival, scheduled for December 6, 2025, in Abuja. Director-General of the National Institute for Hospitality and Tourism (NIHOTOUR), Abisoye Fagade, …
Africa’s next economic revolution may not come from its oil wells, gold mines, or farmlands but from trust, transparency, and technology. A new survey by Co-Develop, released on the sidelines of the Global Digital Public Infrastructure (DPI) Summit 2025 in Cape Town, has revealed a groundbreaking trend. Across six African countries, citizens overwhelmingly believe that …
A Senior Advocate of Nigeria and Professor of Energy Law at the University of Lagos, Prof. Yemi Oke, has cautioned global powers against what he described as “undiplomatic distortions” of Nigeria’s internal challenges. In a strongly worded open letter addressed to Presidents Bola Ahmed Tinubu, Donald Trump, and Canadian Prime Minister Mark Carney, the Canada-trained …
Bank of America (BofA) has raised its return target as part of a new strategy to close the gap with Wall Street leaders. CEO Brian Moynihan announced the plan at the bank’s first investor day since 2011, signalling a renewed push to improve performance and capture more market share. BofA now aims to deliver a …
The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have introduced tough new measures to force employers into complying with pension and insurance laws. Both regulators now require insurance companies to only work with employers that comply with pension deductions and employee life insurance contributions. In a joint circular issued on Wednesday, PenCom …
The nominees for the 2025 Best of Nollywood (BON) Awards have been unveiled, with Femi Adebayo’s Seven Doors emerging as the frontrunner with nine nominations. Following closely, Ibrahim Yekini’s Abanisete clinched eight nominations, while My Mother Is A Witch and Farmer’s Bride also made strong showings with seven and six nods respectively. The star-studded ceremony …
