Governors, Elumelu, Dangote Among Members of Tinubu’s Economic Advisory Panel

President Bola Tinubu has established an economic advisory committee comprising representatives from the federal government, state governments, and the private sector. The decision was reached...

Market Demand For Treasury, OMO Bills Drops Yields

As short-term benchmark interest rates in the money market jumped yesterday due to liquidity constraints, the average yield on Nigerian Treasury notes and Open...

Kano State Reopens Warehouses Accused of Hoarding Foodstuffs

The Kano State Public Complaint and Anti-Corruption Commission has announced the reopening of 10 warehouses previously sealed for suspected hoarding of foodstuffs. Commission Chairman, Muhyi...

2024 National Basketball Association (NBA) All-Star Game Makes History, Africa Well Represented  

Damian Lillard (Milwaukee Bucks), Tyrese Haliburton (Indiana Pacers) and Jaylen Brown (Boston Celtics) combined for 107 points and the East beat the West 211-186...

Nigeria, Brazil Seek Stronger Bilateral Relations as Trade Volume Drops

Nigeria and Brazil are exploring avenues to bolster bilateral ties, including the potential establishment of direct flight routes between Lagos and São Paulo. The...

FTN Cocoa Processors Reports Zero Revenue in 2023

FTN Cocoa Processors, one of Nigeria's long-standing cocoa companies, faced a significant setback in 2023, as it reported zero earnings for the year due...

Naira Strengthens Officially, Weakens on Parallel Market

The Nigerian naira witnessed a contrasting performance in forex trading on Monday, with a rise noted at the official window and a decline observed...

YouTube Music and Premium Hits 100 Million Subscribers

YouTube has announced a significant achievement in its digital streaming service, with YouTube Music and Premium surpassing 100 million subscribers worldwide, including trial. This...

U.S. Secretary of State Blinken Meets Tinubu, Pledges $45m

United States Secretary of State Antony Blinken announced on Tuesday the commitment of an additional $45 million in security funding for West African nations...

Fossil Fuel Giants Amass $346 Billion Profits in 24 Months

In a striking revelation, a recent report by ActionAid has unveiled that 14 leading fossil fuel companies reaped enormous profits totaling $346.713 billion within...

FX Inflow Increases As DMO Rates Attract Foreign Investors

Following the latest open market operation auction held by the Central Bank of Nigeria (CBN), international portfolio investors increased their US dollar flows into...

African Development Bank Trains Managers On Programme-Budget Implementation In Public Administration

The African Development Bank has supported the capacity building of about 50 managers from Burundi's public administration to consolidate implementation of the programme budget...

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