The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
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Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
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Navigating Zoning Laws and Urban Planning: A Guide for Real Estate Developers in Africa
For real estate developers across Africa, the journey from conceptualizing a project to breaking ground is often fraught with complexities. Among the most formidable hurdles are zoning laws and urban …
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FG Bans Night Movement for Fuel Tankers, Sets New Safety Rules
The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …
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National Assembly Staff Call for Return to Contributory Pension Scheme
Workers under the National Assembly Service Commission have asked to be returned to the Contributory Pension Scheme (CPS), two years after they were removed from it by a new law. …
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NCDMB Urges International Oil Companies to Support Local Firms and Boost Nigerian Content
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
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Africa’s Climate Crisis Threatens Europe’s Food Security, Says Report
Climate change and biodiversity loss are severely affecting agricultural production across Africa, raising serious concerns about food security not just on the continent but also in Europe, which heavily depends …
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Ghana and Afreximbank Clash Over $768 Million Debt Restructuring
Ghana is currently embroiled in a significant dispute with the African Export-Import Bank (Afreximbank) concerning the restructuring of a $768.4 million debt. This disagreement has emerged as a critical issue …
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Akpabio, Others Say Africa Must Stop Exporting Raw Materials Without Value Addition
Senate President Godswill Akpabio has joined other key stakeholders to call on African countries to stop the practice of exporting raw materials without adding value. They said Africa must move …
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ILO Cautions on AI’s Labour Impact, Urges Nigeria and Others to Plan for Inclusive Transition
The International Labour Organisation (ILO) has said artificial intelligence (AI), especially generative AI, has the power to change the global labour market. But it also warned that if not well …