THE Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion. The NGX market capitalisation rose by N19 billion or 0.03 per cent, ending at N65.704 trillion, up from N65.685 trillion on Monday. Similarly, the All-Share Index (ASI) added 30.40 points …
Read More »Nigeria’s Inflation Rate Rose to 24.23 % in March – NBS
THE National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for March 2025, which was released in Abuja. According to the report, the headline inflation showed an increase …
Read More »FAAC: FG, states, LGs share N1.578trn for March
THE Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), said the revenue …
Read More »National Sports Festival 2024: Ogun Govt Unveils Mascot, Logo, Theme Song
THE Ogun Government has unveiled the mascot, logo and theme song for the 2024 National Sports Festival, also known as Gateway Games 2024. At the unveiling ceremony in Abeokuta on Tuesday evening, Gov. Dapo Abiodun said that state was ready to deliver a befitting National Sports Festival holding from May …
Read More »Op-Ed: Why Ghana Must Refine Lithium Now
THE Natural Resource Governance Institute (NRGI), in a recent report, has warned that Ghana’s plan to refine lithium domestically could cost the country up to $500 million in lost revenue. But this analysis, while financially cautious, falls short of capturing the bigger picture. Ghana isn’t just refining lithium. It’s refining its industrial …
Read More »Tanzania Opposition Slams Poll Ban
Tanzania main opposition party, Chadema, has condemned its disqualification from the upcoming national elections as unconstitutional, escalating tensions just months before the country’s October vote. The announcement comes only a week after party leader Tundu Lissu was detained and charged with treason — a move that has drawn international criticism. Amnesty International …
Read More »World Urges Action As Sudan Crisis Deepens
GLOBAL diplomats and aid officials gathered in London on Tuesday to address the catastrophic humanitarian crisis unfolding in Sudan, two years into a brutal civil war that has killed tens of thousands and forced more than 14 million people from their homes. The summit, co-hosted by the African Union, United Kingdom, European …
Read More »Nigeria Waives Tariffs On 90% of Goods
Nigeria has officially endorsed a major trade policy shift by signing the ECOWAS schedule of tariff offers, committing to eliminate duties on 90 percent of goods traded within Africa. The agreement falls under the African Continental Free Trade Area (AfCFTA) and aims to open up vast new opportunities for Nigerian exporters. The Minister …
Read More »Ghana gets $370m in IMF loan deal
GHANA and the IMF have reached a staff-level agreement on the fourth review of the country’s $3bn loan programme, setting the stage for a fresh $370 million disbursement once it gains approval from the Fund’s Executive Board. The agreement, confirmed in an IMF statement on Tuesday and reported by Reuters, represents another step forward …
Read More »All these things don’t matter in heaven, DJ Cuppy Regrets Buying Luxury Shoes
DJ Cuppy Popular Nigerian disc jockey and philanthropist, DJ Cuppy, has caused reactions online after sharing a heartfelt reflection about material possessions and her changing perspective on the subject of luxury. In a social media post, Cuppy expressed regrets over owning an overwhelming number of designer shoes, admitting that her …
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