U.S. trade with Africa ‘will be much more focused around a reciprocal relationship, one that addresses the needs on both sides,’ says ambassador Troy Fitrell. Ambassador Troy Fitrell, senior official at the U.S. State Department’s Bureau of African Affairs, said that Washington is “very directly, very intentionally” shifting toward an “investment-led” strategy in Africa. “The…
The House of Representatives has urged the Federal Government to ban importation of foreign textiles as a way of rejuvenating the production of local textile materials in the country. This was sequel to the adoption of a motion by Rep. Garba Muhammad (NNPP-Kano) at the plenary on Tuesday. Moving the motion, Muhammad said that the…
The Central Bank of Nigeria (CBN), has donated a motorised fire fighting vehicle to the Bauchi Commmand of the Federal Fire Service (FFS). Mr James Laburta, the CBN Bauchi Branch Controller, said this while presenting the equipment to the command on Tuesday in Bauchi. He said the gesture was part of its corporate social responsibility,…
Dangote Petroleum Refinery & Petrochemicals has assured Nigerians of petrol price stability despite ongoing fluctuations in global crude oil prices. The company emphasised its commitment to maintaining affordable and reliable fuel prices, even as crude prices rise internationally, nothing that despite the fluctuations in global crude oil prices, it has consistently reduced the price of…
The Oyo State Government says Ladoke Akintola International Airport, Alakia, Ibadan, will begin international flight operations by June 2026. The Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, confirmed this in a statement issued on Monday in Ibadan. Oyelade said the international terminal, currently at 15 per cent completion, is expected to be ready…
The Minister of Finance, Mr Wale Edun, has emphasised the crucial role of the capital market in achieving the nation’s ambitious goal of becoming a one-trillion dollar economy. Speaking at the Capital Market Committee (CMC) meeting, the minister highlighted the market’s transformation since 2015. He said that with improvements in governance structures, new products and…
The Institute of Chartered Accountants of Nigeria (ICAN) has conferred its Corporate Merit Award on Yaba College of Technology (Yabatech) for being the most producer of certified accountants and chartered accountants in Nigeria. According to a statement by Mr Adekunle Adams, Head, Public Relations Unit of Yabatech, ICAN gave the award at its 2025 Award…
An Economist, Ephraim Audu, has attributed insecurity as the primary cause of food inflation in Benue, calling on the Federal Government to urgently tackle the menace across the country. Audu, the National President, Agricultural Agenda Nigeria Initiative (AANI), said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. He…
During this week, investors on the Nigerian Exchange Ltd. (NGX) engaged in trading 2.606 billion shares, accumulating a total value of ₦63.785 billion across 77,593 transactions. In comparison, the previous week saw the exchange of 2.645 billion shares valued at ₦77.005 billion through 86,110 deals, indicating a week-on-week decline of 20.7 per cent in transaction…
Vice-President Kashim Shettima says the difficult but very crucial decisions taken by President Bola Tinubu are targeted at engineering an economy that works for all Nigerians. Shettima said this on Wednesday during the 15th Mechanical Engineering Distinguished Lecture (MEDL), held at the Shehu Yar’Adua Centre, Abuja. The Vice-President also said that Tinubu’s administration is taking…
