In a significant move to strengthen Nigeria’s healthcare manufacturing capacity, the African Export-Import Bank (Afreximbank) and the Bank of Industry (BoI) have signed a $75 million financing term sheet under …
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Rwanda Exits ECCAS Over DRC Dispute
Rwanda has officially announced its withdrawal from the Economic Community of Central African States (ECCAS), marking a significant shift in regional geopolitics and a deepening of its ongoing diplomatic rift …
- EconomyNewsNigeriaPoliticsSecurity
Senator Ali Ndume Rejects Early Tinubu 2027 Endorsement, Cites Economic, Security Concerns
Senator Ali Ndume, the lawmaker representing Borno South Senatorial District, has openly distanced himself from the recent endorsement of President Bola Ahmed Tinubu for a second term in office. The …
Senator Neda Imasuen, the lawmaker representing Edo South Senatorial District at the National Assembly, has announced plans to leave the Labour Party (LP) and officially defect to the ruling All …
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U.S. Pledges Bigger Trade, Investment Push in Nigeria
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
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South African’s Rand Steady as Global Markets Await U.S.-China Trade Talks
JOHANNESBURG, South Africa – June 9, 2025: The South African rand opened the week on a quiet note, holding steady against the U.S. dollar in early trading on Monday. The …
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Vitel Wireless Makes History as Nigeria’s First MVNO to Connect With All Major Telecom Networks
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
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LSDPC Donates Renovated Maternity Cabin to Ebute Metta General Hospital
LAGOS, Nigeria – In a move to support maternal healthcare and improve hospital infrastructure, the Lagos State Development and Property Corporation (LSDPC) has renovated a portable cabin into a fully …
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Botswana Pauses Diamond Production as Global Market Slumps
GABORONE, Botswana – The Debswana Diamond Company, a joint venture between the Government of Botswana and global diamond giant De Beers, has announced a temporary suspension of production at some …
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Experts Advocate Strategic Partnerships, Investment to Bridge Africa’s Infrastructure Gap
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …