Most Recent Articles by

Henry Williams

Manufacturers say positive GDP growth masks sector’s true health

Manufacturers are saying the growth recorded by the sector in the first quarter of 2021 is not reflective of the obstacles in their path. After...

With eye on fragile economic recovery, CBN holds benchmark interest rate at 11.5%

The Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate at 11.5 percent after the two-day Monetary Policy Committee (MPC) meeting...

Mali in turmoil as strongman ousts transitional leaders

Political turmoil in Mali deepened Tuesday as the country's strongman pushed out transitional leaders who had been tasked with steering the return to civilian...

Tigrayan peacekeepers seek Sudan asylum, fear Ethiopia return

Peacekeepers formerly posted to Darfur and hailing from Ethiopia's conflict-hit Tigray region are requesting asylum in Sudan for fear of "torture" and "ethnic cleansing"...

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Enugu Air Plane Skids Off Runway At Benin Airport

An Enugu Air aircraft veered off the runway after landing at Benin Airport on Thursday, prompting an emergency response and a formal investigation by aviation authorities. The airline confirmed that all passengers and crew members were safely evacuated from the aircraft and that no injuries or fatalities were...

US And Saudi Arabia Sign Landmark Civilian Nuclear Agreement

The United States and Saudi Arabia have announced a landmark agreement to establish a civilian nuclear programme in the kingdom, a move expected to strengthen bilateral ties while drawing scrutiny over its potential impact on regional security. The agreement, unveiled on Wednesday, is expected to create billions of...

Nigeria’s External Reserves Hit $52.5bn As Import Cover Improves

Nigeria’s gross external reserves have climbed to $52.52 billion, enough to cover approximately 11 months of imports, according to the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso disclosed this on Tuesday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. The announcement came as the committee...