Most Recent Articles by

Rhoda Onuzulike

Lagos Terminates Multibillion-Naira Kantagua Market Project

The Lagos State Government has terminated the contractual relationship with Bridgeway Global Project Limited on the development of the Kantagua Market. The Special Adviser to...

Bureaux De Change Operators Seek Lower Exchange Rate

The Association of Bureaux De Change Operators of Nigeria has appealed to the  Central Bank of Nigeria to adjust and lower its applicable exchange...

External Reserves Drop by $950m In days — CBN Report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up...

Nigeria Gets Afreximbank’s $1bn Loan in May

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a...

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Uganda Election: 81-Year-Old Yoweri Museveni Declared Winner

Uganda has officially declared President Yoweri Museveni the winner of the 2026 presidential election, extending his rule that has spanned more than three decades. The closely watched poll was conducted amid an internet shutdown and reported restrictions on civil society organisations. The declaration was made by the Chairman...

Fact Check: Did Parallex Bank Breach The N7.15B FHT Transaction Trust?

Parallex Bank Limited has pushed back against claims that it breached trust agreement with FHT Mega Express Limited, in an ongoing legal dispute, insisting that its actions were lawful and preceded the multiple suits later filed by the company. Background to the Dispute The legal battle between Parallex Bank...

Revolutionizing African Language AI: The Plotwaver UNILAG Partnership

Plotwaver, the African AI company behind Storm OS, has formed a landmark partnership with the University of Lagos through the Institute of African and Diaspora Studies to build the world’s largest professionally curated Yoruba language corpus. The initiative goes beyond artificial intelligence, focusing on language, culture, ownership,...