Global financial institution Deutsche Bank has indicated strong interest in financing major rehabilitation and replacement works on two of Lagos’ most important bridges — the Carter Bridge and the Third …
International
-
Economic DevelopmentGOVERNMENTInfrastructureInternationalLagos NewsPartnershipsTransportation
-
ConflictHuman RightsInternationalMiddle eastNewsSecurity
Israeli military launches new counterterrorism operation in northern West Bank
The Israeli military announced on Wednesday the launch of a fresh counterterrorism operation in the northern part of the occupied West Bank, amid ongoing violence in the region. In a …
-
BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
-
ASIAAviationDisaster & EmergencyInternationalNewsSafetyTransport
Cargo Plane Crashes into Sea at Hong Kong Airport
A cargo plane from Dubai veered off the runway at Hong Kong International Airport on Monday morning, crashed through a security fence, and plunged into the sea, killing two airport …
-
CurrencyEconomyFinanceInternationalMonetary PolicyTrade
US Dollar Weakens as Markets Expect Fed Rate Cut Amid Renewed US-China Trade Tensions
The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …
-
Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENT
Investor Confidence Weakens as Nigeria’s Eurobond Yields Rise Ahead of $1.1bn Repayment
Nigeria’s Eurobond market experienced a dip in investor confidence this week as yields climbed by 10 basis points to 8.27 per cent, signalling renewed caution among investors ahead of the …
-
Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
CBN Governor Olayemi Cardoso Says Nigeria Has Built Strong Economic Buffers Against Global Shocks
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
-
Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
-
Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
-
DevelopmentEconomyGovernanceHealthInternationalNigeria
WHO Commends Nigeria and Other Nations for Reducing Non-Communicable Disease Deaths
The World Health Organisation (WHO) has praised Nigeria alongside China, Egypt, Russia, Brazil, and Denmark for making significant progress in reducing deaths caused by non-communicable diseases (NCDs). The recognition came …