Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has called for deeper strategic unity among African nations, as the African Export-Import Bank (Afreximbank) grows its capital assets to over $40 billion in 2024. Cardoso made the call on Wednesday while addressing participants at the Afreximbank 2025 Annual Meetings in Nassau, The Bahamas, themed …
By Sunday Michael Ogwu Nigeria is set to sign more than 30 Memoranda of Understanding (MoUs) with Brazil during a landmark three-day state visit by Brazilian Vice President Geraldo Alckmin. The visit marks the Second Session of the Nigeria–Brazil Strategic Dialogue Mechanism (SDM), aimed at deepening bilateral ties between the two largest economies in Africa …
Sunday Michael Ogwu A new directive from the Securities and Exchange Commission (SEC) has triggered anxiety across Nigeria’s capital markets, as operators scramble to understand the scope and implications of newly imposed tenure limits for directors of Capital Market Operators (CMOs). In a circular released last Friday, the SEC announced that directors of CMOs …
Sunday Michael Ogwu The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to reconsider its decision to ban selected single-use plastics (SUPs) starting July 1, 2025, warning that the move could trigger widespread economic and social disruptions without delivering meaningful environmental gains. In a strongly worded press statement issued on …
.. Governor Alia assures return of displaced residents By Rafiyat Sadiq President Bola Ahmed Tinubu has called on Governor Hyacinth Alia of Benue State to lead local peace-building initiatives, including blood donation drives for the injured adding that, “The value of human life is greater than that of a cow. We are here to govern, …
By Rafiyat Sadiq Survivor of Yelewata in Guma Local Government Area of Benue State, Joseph Kwagh, has narrated the horrifying experience of losing eight members of his immediate family in a recent deadly attack allegedly carried out by suspected herdsmen. In an interview with News Central TV, Kwagh said the attackers killed his father, stepmother, …
Extreme hunger is expected to worsen in 13 global hotspots over the coming months, with five countries at immediate risk of famine, according to United Nations report. The report released by the United Nations Food and Agriculture Organization (FAO) and the World Food Programme (WFP) on Monday titled "Hunger Hotspots" warns that the spread of …
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report by nonprofit Swissaid. The report found a staggering 229 metric ton trade gap, equivalent to $11.4 billion, between Ghana's gold exports and …
