Global economy
22 Jan
Vice President Kashim Shettima on Wednesday joined other world leaders to push for the full implementation of the African Continental Free Trade Area (AfCFTA) with a target to boost Africa's economy to $29 trillion by 2050. He restated Nigeria's readiness to spearhead the AfCFTA and take advantage of the market potential of the sector for…
21 Jan
The West Africa Industrialisation, Manufacturing and Trade (West Africa – IMT) Summit and Exhibition, scheduled to be held in Lagos from May 27 to 29, aims to reverse the poor contribution of Africa to the global economy.
21 Oct
In today’s global economy, businesses across the world face a similarity of financial challenges, from fluctuating markets to economic downturns to assess to capital and regulatory hurdles. While these challenges are universal, the strategies to navigate them can vary widely.
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2 mins ago
The acting National Chairman of Peoples Democratic Party (PDP), Umar Damagum, has blamed party leaders for the crisis rocking the nation’s main opposition party. Damagum stated this in his remarks at the party’s 79th Board of Trustees (BoT) meeting on Wednesday in Abuja. He said that though the PDP National Working Committee (NWC) was having…
7 mins ago
Libya has arrested two people accused of torturing and detaining 263 irregular migrants to extort ransoms, the prosecutor general's office said Wednesday. "The public prosecution ordered the detention of two members of a criminal gang who deliberately restricted the freedom of illegal migrants," it said in a statement. The sub-Saharan migrants were "subjected to torture,…
10 mins ago
Three hundred and twenty farmers and 30 schools across the three senatorial districts of Cross River State are to benefit from the Renewed Hope Initiative RHI Agricultural Support Programme in Cross River State. The wife of the state governor and coordinator of the programme in Cross River State, Bishop Eyoanwan Otu, stated this while briefing…
15 mins ago
A Federal High Court in Ado-Ekiti on Wednesday struck out the criminal defamation suit against human rights lawyer, Dele Farotimi. Justice Babs Kuewunmi struck out the case following an application for the withdrawal of the charge by the prosecution. The Inspector General of Police, Kayode Egbetokun, had arraigned Farotimi for allegedly defaming legal icon, Afe…
26 mins ago
Mexican President Claudia Sheinbaum said Wednesday she was confident that her country could avoid being hit with 25-percent tariffs by her US counterpart Donald Trump on February 1. "We don't think it will happen," Sheinbaum said at her morning press conference. "And if it does happen, we also have our plan," she added, declining to…
47 mins ago
Rwanda-backed fighters were in control of almost all of the DR Congo city of Goma Wednesday where residents were re-emerging after days of deadly fighting and Angola urged leaders of both countries to attend peace talks. The M23 armed group and Rwandan troops entered central Goma on Sunday night, progressively seizing the city's airport and…
55 mins ago
Bureau de Change (BDC) operators have praised the Central Bank of Nigeria (CBN) for waiving the 2025 licence fees for operators. They spoke under the aegis of the Association of Bureau de Change Operators of Nigeria (ABCON). The President of the association, Dr Aminu Gwadabe, gave the commendation on Wednesday in an interview with the…
1 hour ago
Nigeria's Opposition Lawmakers Coalition has welcomed the decision reached at the Board of Trustees (BoT) meeting of the Peoples Democratic Party (PDP), which will see the party hold a National Executive Council meeting in February. The coalition described the decision as a positive development "despite failed attempts by thugs allegedly loyal to sacked National secretary."…
1 hour ago
The Swedish government said Wednesday that it was examining the possibility of sending some inmates to serve their sentences in prisons abroad, anticipating heavy pressure on its own prisons in the coming years. Sweden has struggled in recent years to rein in shootings and bombings linked to score-settling between rival criminal gangs. Perpetrators are often…
1 hour ago
Ekiti State Government, has expressed concern over the emergence of two family heads popularly called “Elerebi” within the Attah Esubiyi royal dynasty of Ayede-Ekiti, Oye Local Government Area of the State. The Deputy Governor, Mrs Monisade Afuye, said this on Wednesday, at her office in Ado-Ekiti, while intervening in a chieftaincy dispute brewing in the…