Most Recent Articles by

Rhoda Onuzulike

Debt Servicing: Developing Countries Pay $443.5 Bn

The World Bank says developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. In a statement...

Mining Sites: Defence, Solid Ministries Collaborate

The Minister of Solid Minerals Development, Dele Alake, and the Defence Minister, Abubakar Badaru, say plans to secure Nigeria’s mining sites are about to...

Nigeria’s Inflation Climbs to 28.20% in November

Inflation surged to 28.20 per cent in November from 27.33 per cent in October, underscoring a increased cost of living crisis in the country. In its...

IMF Seeks Stronger Crypto Regulation

The Managing Director, International Monetary Fund, Kristalina Georgieva has stressed the need for comprehensive regulation in the cryptocurrency space to safeguard global financial stability. Speaking...

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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,...