Speaker of the House of Representatives, Mr Abbas Tajudeen, has described Nigeria as one of the most attractive and lucrative investment frontiers in Africa. Abbas made this known on Wednesday in Abuja at the maiden edition of the Nigeria-Italy Investment Summit 2025 (NIIS 2025), themed “Building Bridges: Unlocking Opportunities.” The summit, organised by Giant Gee…
Dr Akinwunmi Adesina, President of the AfDB, has commended President Bola Tinubu for approving 500 million dollars replenishment of the Nigeria Trust Fund (NTF) for another 15 years. Adesina gave the commendation at tbe opening of the Africa Development Bank (AfDB) Annual Meetings on Tuesday in Abidjan. “To President Bola Tinubu for your support over…
The Nigeria Union of Local Government Employees (NULGE), Osun State chapter, has cautioned against alleged attempts to fast-track hearings in the ongoing local government crisis using vacation judges, warning that it will resist any move to subvert justice. The union’s state president, Dr. Kehinde Nathaniel Ogungbangbe, made this known on Monday during a press conference…
Nigeria’s central bank has scrapped cash-deposit limits and eased withdrawal restrictions in a major policy shift designed to reduce the cost of cash handling and tackle security and money-laundering concerns. The Central Bank of Nigeria (CBN) announced the changes in a circular signed by Dr Rita Sike, Director of Financial Policy and Regulation, who said…
The Economic and Financial Crimes Commission (EFCC) has arrested Aisha Achimugu. The managing director and chief executive officer (CEO) of Felak Concept Group was arrested at the Nnamdi Azikiwe International Airport in Abuja. Achimugu was taken in around 5am on Tuesday after arriving in Nigeria from London. More to follow…
Bill Gates’ foundation trust shows confidence in Anheuser-Busch despite recent struggles. Explore the investment and challenges faced by the beer company. Anheuser-Busch, the parent company of Bud Light, has encountered a challenging year, but amidst the adversity, one high-profile investor has displayed unwavering confidence: the Bill and Melinda Gates Foundation Trust. In a recent regulatory…
The UK’s top court is being asked to consider whether someone who has transitioned to a female is considered and protected as a woman under the Equality Act. The UK Supreme Court on Tuesday began considering a lengthy dispute between campaigners and the Scottish government on the definition of “woman” in law. The case brought…
Ahead of the November 5 US Presidential elections, the relationship between the US and China, has come into focus as Gregory Poling, director of the Southeast Asia programme at the Center for Strategic and International Studies, expresses his views on the relationship between the Chinese leadership and the future US president. He said “Trump certainly…
Devastating rains that triggered deadly floods in Cameroon, Chad, Niger, Nigeria, and Sudan in recent months were worsened by human-caused climate change, a team of international scientists said on Wednesday. Global warming made the seasonal downpours this year about five to 20 per cent more intense across the Niger, and Lake Chad basins, said World…
With the Liberian presidential election fast approaching on October 10, President George Manneh Weah has officially launched his reelection campaign, drawing massive crowds of enthusiastic supporters. On September 7, the campaign kickoff took place in Monrovia, where thousands gathered to witness the event. Simultaneously, campaign rallies were held in all 15 subdivisions of Liberia, as…
