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IMF Highlights $1.43bn Growth in Nigeria’s Current Account Balance

NIGERIA’s current account balance recorded a surplus of $1.432bn in 2024, according to the International Monetary Fund’s World Economic Outlook Database, accessed on Wednesday. The rise in FG’s account for the period represents a substantial increase from the $1.21 billion surplus recorded in 2023. A country’s current account balance represents …

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Afreximbank, APPO Ink $5bn Deal To Fund Africa Energy Bank

THE African Petroleum Producers Organization (APPO), and the African Export-Import Bank (Afreximbank), have signed the requisite documents for the establishment of a $5 billion Africa Energy Bank. The proposed bank is an institution set up to facilitate, promote, and finance the development of Africa’s hydrocarbon deposits of oil, gas, and …

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Oluremi Tinubu Mourns NCWS President, Hajiya Lami Lau

WIFE of the president, Senator Oluremi Tinubu, said she received with shock the passing of the president of the National Council of Women Societies (NCWS), Hajiya Lami Adamu Lau. The First Lady, in a release signed by her on Wednesday, described the demise of Hajiya Lau as a great loss …

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Atiku Tells Tinubu To Come Clean On Fuel Subsidy Payment

FORMER Vice- President Atiku Abubakar has called on President Bola Tinubu’s administration to come clean on the issue of fuel subsidy removal. Atiku, a former Peoples Democratic Party presidential candidate in a post on his X account, on Wednesday, stated that a situation where the government was paying subsidies and …

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End Post-election Litigations In Nigeria – Jonathan Charges INEC, Judiciary

FORMER President, Dr. Goodluck Jonathan, has charged the Independent National Electoral Commission (INEC) and the Nigeria Judiciary to end the avalanche of post-election litigation in Nigeria. Jonathan gave the charge while inaugurating the multi-million-naira State High Court edifice equipped with modern facilities and a 24-hour power supply. The project was …

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