Ethiopia opens banking sector to foreign investors for first time in 50 years
Ethiopia’s central bank has issued a long-awaited directive allowing foreign banks and investors to formally enter its financial sector, marking a major step in the country’s broader economic liberalisation programme. The move comes after years of reform commitments and follows…
BREAKING: APC National Chairman, Abdullahi Ganduje Resigns
APC National Chairman, Abdullahi Ganduje has resigned. It was gathered that the National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has resigned from his position with immediate effect.Ganduje’s tenure as APC National Chairman, which began in August 2023,…
Tax Regime Reform: A Boost for Businesses and Economy
Nigeria is building a tax administration that will be effective in revenue mobilisation and also responsive to challenges faced by taxpayers, the Minister of State for Finance, Dr Doris Uzoka-Anite, has said. Uzoka-Anite said this in Abuja on Thursday at…
NYSC denies extending corps member Raye’s service over viral video
The National Youth Service Corps (NYSC) has denied reports that it extended the service year of a Lagos-based corps member, Rita Uguamaye, popularly known as Raye, as punishment for her viral social media criticism of President Bola Tinubu and the…
Tax reform bills: FIRS now Nigeria Revenue Service
The Federal Inland Revenue Service has now become the Nigeria Revenue Service, following President Bola Ahmed Tinubu’s assent to four tax reform bills. It was gathered that Tinubu, on Thursday, signed into law the four tax reform bills, which include…
Okonjo-Iweala receives Lifetime Award in fighting fraud, corruption
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has been awarded the 2025 Cressey Award by the Association of Certified Fraud Examiners (ACFE) for her lifetime contribution to the detection and deterrence of fraud. The award was presented…
Tanzania government defends borrowing, hints at tax reforms as budget approved
What you need to know: The minister for Finance, Dr Mwigulu Nchemba, reassured the august House that Tanzania’s public debt remained sustainable Dodoma. The government moved to defend its borrowing and assured its commitment to tackle tax reforms on Tuesday,…
Namibia wants to build the world’s first hydrogen economy
The HyIron Oshivela facility in the Namib Desert near Namibia’s Atlantic coast is built to purify iron ore using hydrogen created with renewable energy. On an afternoon in March in the middle of the world’s oldest desert, Johannes Michels looks…
Former Kwara Governor Cornelius Adebayo Dies at 84
Former Senator and ex-Governor of Kwara State, Cornelius Olatunji Adebayo, has passed away at the age of 84. The Press Nigeria confirms that Adebayo died early Wednesday morning in Abuja, according to family sources who spoke to The Cable. …
Peter Obi Condemns Demolition of His Brother’s Business Premises in Lagos
Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, says the increasing disregard for the rule of law in Nigeria discourages investors and endangers citizens. The former Anambra governor claimed he is experiencing rights abuse…