Rwanda pledges to strengthen trade, aviation, ICT ties with Nigeria
Bazivamo emphasised that strengthening trade collaboration between Rwanda and Nigeria was a catalyst for bolstering their bilateral relations, economic growth and development. Bazivamo also disclosed that Rwanda would soon establish a Double Taxation Avoidance Agreement with Nigeria to scale up…
IMF Urges Urgent Revision of Nigeria’s 2025 Budget to Prevent Economic Fallout
The International Monetary Fund (IMF) has raised concerns over Nigeria’s 2025 fiscal plan, warning that without urgent revisions, the country could face escalating financial instability. In its latest Article IV Consultation report released on Wednesday, the IMF highlighted growing…
Uganda’s President confirms bid to extend nearly 40-year rule
Uganda’s 80-year-old president in bid to extend 40-year rule Uganda’s long-serving president, Yoweri Museveni, 80, has been declared the governing party’s candidate in next year’s presidential election, opening the way for him to seek to extend his nearly 40 years…
Tinubu departs Saint Lucia for Brazil to attend 17th BRICS Summit
President Bola Tinubu has departed Saint Lucia for Brazil for the second leg of his two-nation tour. In Rio de Janeiro, Tinubu will attend the 2025 BRICS Summit, held July 6-7, 2025. The President departed the Caribbean country after…
World Bank appoints Mathew Verghis as new country director for Nigeria
The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. Verghis takes over from Dr. Ndiame Diop, who has assumed a new role within the institution. A statement…
ADC Supporters Storm Lagos Airport To Welcome Aregbesola
Supporters of the newly appointed National Secretary of the African Democratic Congress, Ogbeni Rauf Aregbesola, on Friday evening thronged the Lagos airport to welcome him back from Abuja. The former Minister of Interior was spotted among a cheering crowd of…
Zenith Bank tops Nigeria’s Tier-1 capital global ranking for 16th consecutive year
Zenith Bank Plc has retained its position as the number one bank in Nigeria by Tier-1 capital rating for the 16th consecutive year. It clinched the position in the 2025 Top 1,000 World Banks Rankings published by The Banker, a…
Libya reopens oil sector to international exploration after nearly two decades
Top global energy firms including ExxonMobil, Chevron, TotalEnergies, and Eni are among those expressing interest in the North African country’s revitalised petroleum sector. Masoud Suleman, Chairperson of Libya’s National Oil Corporation (NOC), revealed that nearly 40 multinational companies have so…
Dangote Cement Empowers Farmers, provides financial support to others in Benue
Dangote Cement Plc has launched a Farmers Empowerment Programme in Benue State, transforming 50 local farmers into thriving agro-entrepreneurs. The initiative aims to support the Nigerian government’s food security drive and deepen business activities in the state. “We are…
ECOWAS Bank approves $100m for Lagos-Calabar Coastal Highway project
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved $100 million to support the construction of the Lagos-Calabar Coastal Highway. The funding, approved during the bank’s 92nd Ordinary Session, forms part of a broader…