January 02
Somalia: Somalia Vows to Safeguard Sovereignty Following Ethiopia-Somaliland Deal
In a firm response to Ethiopia's controversial deal with the breakaway region of Somaliland, Somalia declared its commitment to defend its territory using "any legal means." Read more »
January 03
Nigeria: Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-Month High
Business activity in Nigeria expanded for the first time in three months in December 2023 despite rising prices, a new Purchasing Managers' Index (PMI) has shown. Read more »
Nigeria: WHO Donates Trauma Kits to Victims of Plateau Killings
World Health Organisation (WHO) has donated trauma kits to Plateau State government to provide succour for the victims of the attacks on Christmas eve in the state. Read more »
January 02
Nigeria: Power Minister Pledges Support for Tinubu's Turnaround Agenda On Electricity
Minister of Power, Adebayo Adelabu has reassured Nigerians of his ministry's commitment to prioritise electricity supply in the country in line with President Bola Ahmed Tinubu's… Read more »
Nigeria: The Long Wait for Nigeria's Oil Refineries Continues
Nigerians have once again been given false hope about the return of the Port Harcourt refinery to full operational capacity. Read more »
January 01
Nigeria: Dangote Refinery Receives 4th Crude Oil Shipment From NNPC
Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited. Read more »
January 02
Nigeria: 2024 Budget - Is This What Nigeria Needs At This Time?
The National Assembly, has passed the harmonised 2024 Appropriation Bill totalling N28.77tn. Before passing it, NASS increased the budget size by N1.2tn, from the N27.5tn the… Read more »
Nigeria: Tinubu Cuts Borrowing, Signs N28.7trn 2024 Budget
The federal government has reduced the deficit in the 2024 budget to below 3.8 percent of Gross Domestic Product (GDP), thereby reducing the reliance on borrowing. Read more »
December 29, 2023
Nigeria: Another Cycle of Violence in Plateau State
The Christmas season is meant to be a time of joy, celebration, and goodwill, but for many communities in Plateau State this year's festivities have been marred by horrific… Read more »
December 28, 2023
Nigeria: Police Bust Child Trafficking Syndicate, Rescue 9 in Kano
The Kano State Police Command has successfully dismantled a notorious gang specialising in child trafficking, which had been operating for a decade within the state. Read more »
Uganda: Uganda Extends Nigeria's Oranto Petroleum Oil Exploration Tenure
Uganda has extended an oil exploration licence to Nigeria's Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the COVID-19 pandemic. Read more »
Nigeria: Olawepo-Hashim Condemns Plateau Killings, Seeks Security Reforms
A former Presidential Candidate and a Chieftain of the All Progressive Congress (APC) Mr. Gbenga Olawepo-Hashim has called for reforms in the security sector to halt bloodletting… Read more »
December 27, 2023
Nigeria: Plateau Attacks - in Face of Terror, Peter Obi Offers Gratitude to 'Overstretched' Security Personnel
Peter Obi, the Labour Party's presidential candidate for the March 2023 general election, has expressed gratitude for the tireless efforts of security agencies in Nigeria as they… Read more »
Nigeria: 2023 - Nigeria's Economic Odyssey - Challenges, Opportunities Seized
In this article, MARK ITSIBOR analyses Nigeria's finance/economic sector with a particular focus on the efforts of the authorities to navigate the micro and macro challenges to… Read more »
December 24, 2023
Africa: Morocco, Senegal Supports Early Completion of $25bn Nigeria-Morocco Gas Pipeline
Morocco and Senegal have engaged in discussions for more support towards seamless execution of the $25 billion Nigeria- Morocco gas pipeline project. Read more »
December 27, 2023
Nigeria: 50,000 Soldiers Involved in Counter-Terrorism, Separatist Operations - COAS
The Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, has said that more than 50,000 soldiers are presently involved in several peacekeeping operations across the country. Read more »
Nigeria: External Reserves Deplete By $4.28bn As Naira Maintains Fall
Nigeria's external reserves have depleted by 11.55 per cent ($4.28 billion) as of December 20, as the naira fell steadily against the dollar in 2023. Read more »
Nigeria: Plateau Killings... Envoys of Death Won't Escape, Tinubu Vows
President Bola Ahmed Tinubu has vowed that the terrorists who wreaked death and destruction in Plateau State on Christmas Eve and afterwards would not escape justice even as death… Read more »
December 26, 2023
Nigeria: Emefiele and the Alleged Rot At Central Bank of Nigeria
Corruption has long been a scourge on Nigeria's economic landscape, a scourge which has hindered development and perpetuated mass poverty. Indeed, Nigerians are unfortunately used… Read more »
Nigeria: We'll Give Priority to Infrastructure That Impact On Oyo's Economy - Makinde
Oyo State governor, Seyi Makinde has assured residents of the state that his administration will continue to embark on building infrastructure that impacts on the economy of the… Read more »
Nigeria: Union Bank - Again, CBN Investigator Invites Titan Trust Bank Officials
The special investigator appointed by President Bola Tinubu to probe the activities of the Central Bank of Nigeria (CBN), Jim Obazee, has once again invited three top officials of… Read more »
Nigeria: Industry Player Seeks FG Intervention in Manufacturing Sector
Anyone who lives in Nigeria does not need to be aware of the harsh economic realities that the country's residents must deal with, the managing director/CEO, May & Baker… Read more »
Nigeria: Nigerians in Low-Key Celebration As Cash Crunch Restricts Spending
Christmas and end of year celebrations is coming on a low key this year as the high cost of living worsened by the unavailability of cash impacted the ability of many to embark on… Read more »
Nigeria: Nigeria's New Foreign Policy Objectives
The Federal government, recently, launched an ambitious new foreign policy objective to strengthen Nigeria's diplomatic engagements on the platform of the 'Renewed Hope' agenda of… Read more »
Nigeria: High Cooking Gas Prices Persist Despite Tax Cuts
Despite the federal government's policy to reduce the price of Liquified Petroleum Gas (LPG), also known as cooking gas, the price has continued to increase even during the… Read more »