Most Recent Articles by

Rhoda Onuzulike

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...

Niger State Signs $114M Deal With ECOWAS Bank

The Niger State Government, North Central Nigeria, has successfully finalized a significant Memorandum of Understanding (MoU) with the ECOWAS Bank for Investment and Development. This...

Nigeria, Spain Forge Ties To Boost Maritime Security

The Spanish Ambassador to Nigeria, His Excellency, Ambassador Juan Ignacio Sell, has expressed the Spanish Government’s keen interest in strengthening cooperation with Nigeria through...

Zimbabwe Unveils New Currency

Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some...

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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...

DSS To Appeal Life Sentences For Oriire Abduction Convicts

The Department of State Services (DSS) has announced plans to challenge the life imprisonment sentences handed to three men convicted over their involvement in the abduction of school pupils and teachers in Oriire Local Government Area of Oyo State. The DSS said it is dissatisfied with the judgment,...