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Elizabeth Williams

Rail Construction: Xray On Chinese Belt And Road Initiatives In Nigeria – Report

The Nigerian Railway Corporation (NRC) has announced that it will commence full commercial operations of the standard gauge railway service from Lagos to Ibadan...

South African Government Sells 51% Stake In SAA To Consortium

The South African government is selling a 51% stake in South African Airways (SAA) to Takatso consortium, which will initially commit more than 3...

Reactions Trail CBN Digital Currency Launch By End Of 2021

The Central Bank of Nigeria (CBN) recently in Lagos said that its digital currency might be launched by the end of 2021. Rakiya Mohammed, an...

Global Markets-Stocks Wait At Record Peaks For Fed; Oil Marches Higher

Global shares held near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick...

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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...