Most Recent Articles by

Angel Gimalo

Saudi Arabia Inflation Rate Eases To 2.7% In March

Saudi Arabia’s inflation rate softened to 2.7 percent in March, against 3 percent recorded in February, primarily driven by a slight decrease in the...

Algerian Parliament Approves New Law To Tighten Control Over Media

The Algerian parliament has approved a new media law that tightens control over the work of journalists and imposes new restrictions. While the government said...

Container Volumes: Saudi Ports Book 21% Rise In March

Saudi Arabia’s ports witnessed a 21.14 percent increase in container volumes to 693,523 twenty-foot equivalent units in March 2023 from 572,475 TEUs in March...

Crown Prince Salman Announces 4 New Special Economic Zones In Saudi Arabia

Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on Thursday. The aim of the new zones,...

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UAE Exits OPEC And OPEC+: What It Means For Nigeria & OPEC Members

The United Arab Emirates has officially announced its withdrawal from OPEC and OPEC+, effective May 1, in a move confirmed by the country’s state news agency WAM. The decision ends nearly six decades of membership and removes one of the cartel’s most influential producers at a time...

Reps Approve Tinubu’s $516m Loan For Sokoto–Badagry Highway Project

The House of Representatives has given approval to President Bola Tinubu’s request to secure a $516,333,007 syndicated loan from Deutsche Bank AG to support infrastructure development. The approval was granted during Tuesday’s plenary in Abuja following the presentation of a report by the Deputy Chairman of the House...

Osifo Declares Presidential Bid, Signals Challenge To Tinubu

Former presidential aspirant, Stanley Osifo, has announced his intention to contest the 2027 presidential ticket of the All Progressives Congress (APC), positioning himself as a potential challenger to President Bola Tinubu despite growing endorsements in favour of the incumbent. Osifo made this known on Monday during a press...