studiocb55

studiocb55

Month: July 2025

Lekki Port begins transhipment to Togo, Ghana, Abidjan

Lekki Port begins transhipment to Togo, Ghana, Abidjan   Nigeria’s first deep seaport, Lekki Port, has announced that it has commenced transhipment operations to some ports in neighbouring countries like Togo, Ghana and Abidjan in Côte d’Ivoire. Addressing reporters in…

NNPC Refineries May Never Work Again Despite Gulping $18bn – Dangote

The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Warri, Kaduna and Port Harcourt refineries functioning again. The billionaire businessman also stated that the refineries, which are under the management of the Nigerian…

Enugu Is Soaring High Under Governor Mbah – Kenneth Okonkwo

Veteran Nollywood actor and politician, Kenneth Okonkwo, has commended Governor Peter Mbah of Enugu State following the official launch of the state’s own airline, “Enugu Air.” Speaking during a courtesy visit to the Governor, Okonkwo expressed deep admiration for what…

Ecobank launches $250 million capital raise to strengthen Pan-African banking platform

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has formally launched its $250 million Additional Tier 1 (AT1) capital issuance following shareholder approval at its Extraordinary General Meeting held on May 28, 2025, in Lomé. The capital…

Lesotho declares state of disaster amid US tariff uncertainty

Lesotho has declared a national state of disaster over the country’s “high rates of youth unemployment and job losses” as uncertainty over US tariffs hits the landlocked nation. Lesotho was hit by higher tariffs than any other country – 50%…

How Adoke stopped Jonathan from removing me as Borno Governor — Shettima

Vice President Kashim Shettima has said he was the “most demonised” person under the administration of former President Goodluck Jonathan.   He said the then president mooted the idea of removing him as Borno State governor but the then Attorney…

LG polls: Air Peace suspends Lagos flight operations for 12 hours on Saturday

In a statement posted on X on Thursday, the airline said inbound and outbound flights will be suspended from 3am to 3pm. Nigerian carrier, Air Peace has announced it will suspend all flight operations into and out of Lagos for…

Court Fixes Date For Natasha’s Suit Judgment

Court Fixes Date For Natasha’s Suit Judgment The Federal High Court in Abuja has adjourned to October 3 for judgment in a case filed on behalf of the Kogi Central senatorial district challenging the suspension of Senator Natasha Akpoti-Uduaghan. Justice…

Malaysia’s Central Bank Cuts Rates for First Time in Five Years

KUALA LUMPUR, MALAYSIA—Malaysia’s central bank has finally joined its rate-cutting peers, lowering its benchmark interest rate for the first time in five years to support the economy. Bank Negara Malaysia on Wednesday reduced its overnight policy rate by 25 basis…

US Visa Policy Update: Nigeria, Cameroon, and Ethiopia Face Reduced Visa Duration

The United States has announced sweeping changes to its non-immigrant visa policy for Cameroon, Ethiopia and Nigeria, cutting the duration and conditions under which most travellers from those countries can enter. The US Department of State says nearly all non-immigrant…