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Elizabeth Williams

Business

Algeria Suspends Treaty With Spain Over Western Sahara

The Government of Algeria announce a suspension of the Treaty of Friendship, Good-neighborliness and Cooperation signed with Spain 20 years ago to protest the...
Elizabeth Williams -
Business

Nigerian Banks Increase Interest Rate By 2%

Nigeria’s Commercial Banks have implemented interest rate hikes for loans raising rates by as much as 200 basis points (2%). The interest rate hike is...
Elizabeth Williams -
Business

OPEC Chief Lauds Multilateral Cooperation Between Member, Non OPEC Producers

The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC) Mohammad Barkindo, has lauded the 2016 multilateral Declaration of Cooperation (DoC) between OPEC and non-OPEC...
Elizabeth Williams -
Business

Nigerian Airline to Operate As Sierra Leone National Carrier

The Government of the Republic of Sierra Leone, Xejet Limited have signed a Memorandum of Understanding (MoU) for the Nigerian airline to operate regional...
Elizabeth Williams -
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Tinubu Confers National Honours On June 12 Heroes

President Bola Ahmed Tinubu has conferred national honours on dozens of pro-democracy activists, journalists, civil society leaders, and retired military officers who played key roles in Nigeria’s June 12 democratic struggle. The announcement was made during his nationwide Democracy Day address, where he paid tribute to individuals who...

CBN Moves To Tighten Banking Rules, Holdcos To Strengthen Financial Stability

The Central Bank of Nigeria (CBN) has introduced new regulatory proposals aimed at strengthening corporate governance and improving stability across the country’s financial services industry. The apex bank released two draft frameworks—the Exposure Draft of Guidelines on Ring-Fencing Operations of Closely Linked Entities and Revised Guidelines for Financial...

Oklahoma Weather Alert: Severe Storm Threat Returns Saturday

Oklahoma is expected to enjoy cooler conditions on Friday before heat and storm activity return over the weekend, according to meteorological forecasts. Friday will be noticeably milder statewide, with temperatures dropping into the upper 80s—down from the mid-90s recorded in recent days. Cities such as Oklahoma City, Enid,...