Saudi minister of Investment Khalid Al-Falih has reiterated the country’s commitment to advancing cooperation and continuing years of strong bilateral relations with the United States. Al-Falih made this pledge on Tuesday at the Saudi-U.S. Investment Forum holding in Riyadh. He said the relationship between the two countries was built on trust, partnership, and a shared…
Indian authorities Monday announced the reopening of 32 airports it closed down for civilian flight operations due to airspace restrictions in the wake of heightened tensions with Pakistan. The step was taken following a ceasefire agreement between the two countries reached on Saturday. In a statement, the state-owned Airports Authority of India said the 32…
A chieftain of the APC in Bauchi State, Alhaji Sani Al-Amin, has lauded President Bola Tinubu for his decisive financial restructuring reforms that had cleared Nigeria’s long-standing International Monetary Fund (IMF) legacy debt. Al-Amin made the commendation in an interview with the News Agency of Nigeria (NAN) on Monday in Bauchi. He described it as…
Fidelity Bank Plc says it generated N105.8 billion as its profit before tax (PTB) for the first quarter of 2025. This represents a growth of 167.8 per cent compared to N39.5 billion in same period of 2024. The bank disclosed this in its unaudited financial statements released on the Nigerian Exchange. The company’s gross earnings…
The European Commission will not extend the duty-free import of goods from Ukraine beyond June 5, spokesperson Olof Gill announced on Wednesday. “The autonomous trade measures with Ukraine expire on June 5. The Commission does not intend to extend them beyond that date,” Gill told reporters. He added that the EU’s current priority was to…
Slovakia has voiced strong opposition to a new European Commission proposal aimed at ending the European Union’s reliance on Russian gas, oil, and nuclear fuel by 2027, warning that the plan would harm both national and regional interests. The Slovak Ministry of Economy issued a statement rejecting the Commission’s REPowerEU Roadmap, which outlined a phased…
Vice President Kashim Shettima has stated that African economies will thrive when the continent is able to lawfully share secured data. He sated this in Abuja, Tuesday at the opening ceremony of the Network of African Data Protection Authorities (NADPA), with the theme, “Balancing Innovation in Africa: Data Protection and Privacy in Emerging Technologies” and…
Is Cryptocurrency Secure? While cryptocurrencies e alternative to traditional banks and financial intermediaries, there is a significant responsibility involved: safeguarding your assets falls entirely on you. Here are several essential steps to protect your cryptocurrency from potential hacks. What is the Ideal Investment Amount in Crypto? For those new to cryptocurrency investment, starting with a…
Ope George, the Lagos State Commissioner for Economic Planning and Budget, has announced an ambitious revenue target of N2.96 trillion for the year 2025. This projection was revealed during the annual ministerial press briefing on Wednesday, coinciding with the two-year anniversary of Governor Babajide Sanwo-Olu’s administration. The target represents a 42.7% increase over the N2.08…
Deposit Money Banks (DMBs) have raised their short message service (SMS) alert charges by 50 per cent with effect from today, May 1. Among the banks are Guaranty Trust Bank, Ecobank as well as others that have informed their customers of the increase of the charges to N6 per one SMS. While GTBank announced a…
