PDP spokesman resigns, says party in intensive care unit
Mr Kennedy Peretei The spokesperson of the Peoples Democratic Party (PDP) in Ondo State, Mr Kennedy Peretei, has resigned, citing personal interests hijacking the party’s core purpose. In a…
Nigeria’s $6.83bln Balance of Payments Surplus in 2024 Signals Economic Resurgence – CBN
April 9, 2025 The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from…
Food security: AfDB mobilises $2.2bln for Nigeria’s agriculture as country spent $4.7bln importing food in 2024
April 9, 2025 The African Development Bank (AfDB) says it is mobilising $2.2 billion to develop agricultural processing zones in 8 states in Nigeria to boost food security as the…
Afreximbank raises $300 million via its first Chinese panda bond
April 8, 2025 The Africa Export-Import Bank Afreximbank, has raised 2.2 billion renminbi ($299.9 million) through its first issuance of a Chinese panda bond, it said on Tuesday, charting a…
Telecoms operators propose new guidelines for unclaimed recharges
The Nigerian Communications Commission (NCC), on Tuesday engaged stakeholders in a forum to address the growing concerns surrounding unclaimed and unutilised subscriber recharges. The forum   was a major regulatory step…
Kaduna launches Nigeria’s first special agro-industrial processing zone Launch
April 8, 2025 President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has disclosed that Kaduna State is leading the way as the first to launch the Special Agro-Industrial…
Employment at CBN: South East group accuse Cardoso of bias, marginalisation
The umbrella body of South East socio-cultural associations in the diaspora has knocked CBN Governor Olayemi Cardoso, for what it described systemic marginalisation of south easterners at the bank. The…
Mobile money accounts exceeded 2bn, 500m monthly active users globally in 2024 – Report
April 8, 2024 The GSM Association (GSMA) has indicated that globally, mobile money reached two significant milestones in 2024, one of which was surpassing two billion registered accounts. The GSMA,…
Obi in London, lists ways Africa can survive Trump’s trade tariff
The 2023 Presidential Candidate of the Labour Party, Peter Obi has given some tips to African countries on how they can cope with the disruptive trade tariff of the United…
Afreximbank earmarks $3 bln to support locally-refined products
April 8, 2025 The African Export–Import Bank, a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined products within Africa as part…