The Central Bank of Nigeria (CBN) has declined the nomination of Dr. Adewale Bolorunduro, a former Commissioner for Finance in Osun State, as a Director of the state-owned Living Trust …
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Kenyan Governors Issue 14-Day Ultimatum to Treasury Over Sh116 Billion Funding Dispute
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
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Tinubu Declares State of Emergency in Rivers, Suspends Fubara’s Deputy
President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …
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Pipeline Explosion Disrupts Nigerian Oil Exports Amid Rivers State Political Crisis
A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …
- AfricaAFRICA NEWSPolitics
FG directs NNPC to sell crude to Dangote Refinery, others in naira
by Editorby EditorPresident Bola Tinubu has instructed the Nigerian National Petroleum Company Limited to sell crude oil to Dangote Refinery and other new refineries in Naira. Bayo Onanuga, the Special Adviser to …
- AfricaAFRICA NEWSPolitics
FAAC disburses N1.354 trillion to FG, states, LGs in July, up by N200bn
by Editorby EditorThe Federal, State, and Local Governments received an increased monthly disbursement of over N200 billion, rising from N1.143 trillion in June to N1.354 trillion in July 2024. The Federation Account …
- AfricaAFRICA NEWSPolitics
New visa requirements announced for Botswana, South Africa
by Editorby EditorNationals from Botswana and South Africa must obtain a visa before travelling to Ireland starting Wednesday, as stated by Minister for Justice Helen McEntee. The Department of Justice has announced …
President Samia Suluhu Hassan aims to increase the portion of Tanzanian land designated for conservation from 30% to 50% of the nation’s total area. However, these efforts are negatively impacting …
Ugandans are becoming more apathetic towards elections and elected officials, lacking faith in the opposition as a viable alternative to President Yoweri Museveni’s leadership. This viewpoint is evident in the …
- AfricaAFRICA NEWSPolitics
Tanzania Keeps Policy Rate Unchanged at 6% to Sustain Growth
by Editorby EditorThe Bank of Tanzania (BoT) has decided to keep the benchmark lending rate at six percent for the next three months. This strategic move is intended to support consumer and …