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The African Development Bank (AfDB) has entered into a $700,000 donor contribution agreement with Prosper Africa, a U.S. presidential initiative, to establish an online credit rating data platform for African markets. The platform aims to…

The African Development Bank Group (AfDB) and the International Organisation for Migration (IOM) are deepening their partnership to address pressing migration and development challenges across the African continent. The Bank Group’s…

TikTok users across the United States faced disruptions on the social media platform Saturday evening, just hours before a federal ban on the app was scheduled to take effect. The unexpected outage prevented many users from accessing or…

A total of N1.424 trillion, representing December 2024 Federation Account Revenue, has been distributed among the Federal Government, States, and Local Government Councils. Of this amount, the local government councils received N211.705…

The Nigerian Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has emphasised the new trade opportunities unlocked by the implementation of the African Continental Free Trade Area (AfCFTA). Dr Oduwole made this statement…

Nigeria has emerged as one of the world’s leading destinations for hotel investments, due to its growing economy, expanding middle class, and increasing demand for hospitality services. Its strategic location as a gateway to West Africa and…

Governors under the Nigeria Governors Forum (NGF) have reiterated their unwavering support for the proposed tax reform bill currently under consideration at the National Assembly. The governors emphasised the importance of the legislation…

The Organisation of the Petroleum Exporting Countries (OPEC) said the Dangote Refinery has significantly reduced Nigeria’s reliance on imported European refined products. In its Monthly Oil Market Report published on January 15, 2025,…

The Osun State Government in Southwest Nigeria has unveiled its 2025 fiscal year budget, emphasising its commitment to sustainable growth and improved citizens’ welfare. Speaking in Osogbo, the state capital, on Thursday, the…

The Nigerian Senate has rejected the N9 billion budget proposal for 2025 submitted by the Ministry of Information and National Orientation, citing it as inadequate for the sector’s needs. During the ministry’s budget defence held on…