Tanzania has purchased about 28 metric tons of gold over the past 18 months to boost its foreign exchange reserves while supporting the shilling, Bank of Tanzania Governor Emmanuel Tutuba has said. The purchases, valued at approximately $3.68bn at current market prices, form part of a broader strategy to diversify …

Afreximbank has appointed US-based One Street Studios as co-general partner of its Pan-African Film Fund, marking the first major implementation step since the initiative was launched in 2025 and advancing plans to mobilise up to $1bn for Africa’s film and creative industries. Backed by Afreximbank through its development impact investment …

The Federal Ministry of Education has reaffirmed its commitment to strengthening collaboration with the National Identity Management Commission (NIMC) to provide digital identity for about 80 million learners across Nigeria and enhance access to education services through improved data management. Minister of Education, Dr. Tunji Alausa, made the commitment on …

Former Anambra State Governor and Nigeria Democratic Congress (NDC) presidential candidate in the 2027 general elections, Peter Obi, has explained that his lawsuit against his former spokesperson, Kenneth Okonkwo, is intended to compel him to substantiate allegations he claimed to have against him. Obi said the legal action was not …

Asiya El-Rufai, wife of detained former Kaduna State Governor, Nasir El-Rufai, has alleged that her husband was granted bail under conditions that are not viable. Newsextra24 reports that she raised the alarm on Wednesday during an interview on Arise Television’s Prime Time. According to her, the Federal High Court sitting in …

Dangote Petroleum Refinery on Wednesday reduced its ex-depot price of Premium Motor Spirit, popularly known as petrol, by ₦1 per litre, even as diesel prices rose across several petroleum depots in Lagos. The development reflected mixed trends in Nigeria’s downstream petroleum market, with petrol prices showing slight reductions in some …

Benue Governor, Hyacinth Alia says President Bola Tinubu’s economic reforms have strengthened the state’s finances, enabling investments in infrastructure, security, agriculture, healthcare and workers’ welfare. Alia stated this on Wednesday at the periodic ‘Meet the Press’ briefing held at the Presidential Villa, Abuja. He said increased allocations from the Federation Account …

The Lagos State Government has removed illegal structures along Makanjuola Street in Iju-Ishaga as part of its ongoing environmental enforcement exercise. Newsextra24 reports that the exercise was announced in a statement posted on the official X handle of the Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab, on …

The UBA Foundation has partnered with Slum2School Africa to provide financial literacy education for underserved children and encourage a savings culture among young Nigerians. A statement by the foundation, on Wednesday, in Lagos, said the initiative featured a practical workshop on money management for children. It said a major highlight …

The Nigerian Meteorological Agency (NiMet) has predicted cloudiness and rain across the country from Thursday to Saturday. ‎‎NiMet’s weather outlook released on Wednesday in Abuja envisaged patches of clouds over the northern region on Thursday. ‎‎It predicted prospects of morning thunderstorms accompanied by light rains over part of Gombe, Bauchi, Kaduna, Adamawa and …