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25/05/2025

Alake: Tinubu?s Mining Reforms Yield Six-fold Increase In Revenue, $800m Foreign Investment 

Nigeria | 2 hours ago * Says solid minerals sector generated over N34bn revenue in 2024 as against N6bn in 2023 Deji Elumoye in Abuja The Minister of Solid Minerals Development, Mr Dele Alake, has disclosed that Nigeria#8217;s solid minerals sector, driven by President Bola Tinubu administration#8217;s new policy of local value addition and a tightened licensing regime, attracted over $800 million in processing projects last year. He also stated that the sector also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18% of its N29 billion budgeted allocation. #8220;When we resumed, the entire sector generated N6 billion...
24/05/2025

Nigeria: Oil Theft - Why Nigeria Continues to Lose Its Essential Commodity, By Jibrin Ibrahim

Nigeria's losses due to crude oil theft are more significant than those of...
24/05/2025

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today signed a Documentary Credit Insurance Policy (DCIP) with Albaraka Bank Egypt, on the sidelines of the IsDB Group Annual Meetings 2025 in Algiers to support export transactions backed by Letters of Credit worth USD 50 Million. The DCIP was signed by Dr. Khalid Khalafalla,...
24/05/2025

Egypt Leads Peace Efforts Across a Turbulent Africa

All around Egypt#8217;s borders, African countries descend into a widening arc of civil wars and state collapse. To the south, Sudan is divided, and South Sudan teeters between fragile peace and renewed...
24/05/2025

Nigerian army says 16 Boko Haram terrorists killed in Borno state

The Nigerian army said Friday it killed at least 16 Boko Haram militants during a midnight operation in northeastern Borno state. Army spokesperson Onyechi Anele said troops launc ......
24/05/2025

How the International Monetary Fund Underdevelops Africa

At the start of 2025, Sudan registered an alarming debt-to-GDP (Gross Domestic Product) ratio of 252%. This means that the country?s total public debt is 2.5 times the size of its entire annual economic output. It is not hard to understand why Sudan is in such dire straits: as we outlined in last week?s newsletter, the country has been engulfed in a conflict for decades, which has severely disrupted any possibility of economic growth and financial stability. Yet, in a way, Sudan ? one of the richest countries in terms of resources but poorest in terms of household income and wealth ? is also representative of what has been happening on the African continent. As of 2022, the average...
24/05/2025

ICORP Kicks off Nationwide Cultural Re-orientation Campaign in Kano

Nigeria | 5 hours ago Ahmad Sorondinki in Kano The Nigerian Consumer Credit Corporation (CREDICORP) has unveiled its nationwide Cultural Reorientation Programme under President Bola Tinubu#8217;s Renewed Hope Agenda. Speaking at the event in Kano on Wednesday, Uzoma Nwagba, the Managing...
24/05/2025

African Union urges permanent ceasefire in Libya

ADDIS ABABA: The African Union called for a permanent ceasefire in Libya on Saturday after deadly clashes in the capital earlier this month and demonstrations demanding the prime m ......
24/05/2025

Trump Administration Accuses Sudan of Using Chemical Weapons

The State Department on Thursday accused Sudan?s military...
24/05/2025

Sudan reports hundreds of cholera cases in Khartoum over last 4 weeks

Sudan's Ministry of Health announced on Saturday that hundreds of cholera cases had been registered in Khartoum State over the last four weeks. Health Minister Haitham Mohamed Ibrahim, in a press release, stated that the recent surge in cholera cases is estimated to be 600 to 700 cases per week over the last month. He explained that the increase in cases was an expected outcome following...
24/05/2025

Sultan Lauds Tinubu for Promoting Religious Tolerance

Nigeria | 2 hours ago The Sultan of Sokoto, Muhammed Sa#8217;ad Abubakar III, has praised President Bola Tinubu for promoting religious tolerance in Nigeria, saying the move was responsibile for the economic gains recorded across the country. The Sultan made the commendation on Saturday at the inauguration of the Bola Ahmed Tinubu Darul#8217;Ilm Centre for Islamic Studies in Kaduna built and donated by the Director General of the Department of State Services (DSS), Mr. Tosin Ajayi. The Sultan, who urged Nigerians to de- emphasize religous and ethnic differences, said it was the ability of other economically successful countries to overcome these...
24/05/2025

South Africa Endorses AfroFlavour Food Festival in Nigeria

Nigeria | 8 hours ago Sunday Ehigiator The South African Consulate General in Nigeria, Prof. Bobby J. Moroe, has officially endorsed an upcoming cultural event and food festival to promote South African cuisine in Nigeria. In a letter...
24/05/2025

Egypt?African Union trade rises to $9.8bn in 2024

Trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, up from $9.2bn in 2023, marking a 6.5% year-on-year increase, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The announcement coincides with the celebration of Africa Day on May 25, marking 60 years since the founding of the Organization of African Unity, now the African Union?a continental body of 55 member states committed to fostering social, political, and economic integration. CAPMAS...
23/05/2025

Tinubu Seeks Traditional Rulers? Support As Haastrup Crowned 41st Owa-Obokun of Ijesaland

Nigeria | 19 minutes ago President Bola Tinubu has called for deeper collaboration between the traditional institutions and government at all levels towards ensuring all-round development in the country. Tinubu made the call at the coronation ceremony of Oba Adesuyi Hastruup as the 41st Owa Obokun of Ijesaland in Ilesa, Osun State, on Friday. The president was represented at the event by the Minister of Marine and Blue Economy, Alhaji Gboyega Oyetola. ?Let us work hand in hand to confront the challenges that are facing our people and to deliver meaningful...
23/05/2025

FG Reiterates Commitment to Equipping Armed Forces

Nigeria | 26 minutes ago The Minister of State for Defence, Dr Bello Matawalle, has reiterated the commitment of President Bola Tinubu to equip the nation?s armed forces with requisite platforms to tackle insecurity. Matawalle gave the commitment during the Jumaat Service in...
23/05/2025

Nigerian military says it killed 16 Boko Haram terrorists in northeastern Borno state

Lagos The Nigerian army on Friday said that it killed 16 Boko Haram terrorists in northeastern Borno state. In a statement, army spokesperson Onyechi Anele said the soldiers engaged the terrorists with sustained indirect fire around...
23/05/2025

Nigeria: Jonathan, Attah, Others Win Champions of Nigerian Content Awards

The award recognised and rewarded individuals and corporate bodies that set the highest standards in deepening local participation in the Nigerian oil and gas industry ......
23/05/2025

Court halts Trump administration?s effort to send eight men to South Sudan

The group is in temporary custody of homeland security in Djibouti following challenges in court...
23/05/2025

Nigeria: Court Remands Two Brothers for Breach of Peace After They Allegedly Insulted Police Officer

The case mirrors other instances where the police and the government have been criticised for needless arrests and prosecutions in Nigeria. ......
23/05/2025

Nigeria: Scaling Heat-Stable Uterotonics to Prevent Maternal Deaths in Nigeria

Every day, countless mothers around the world...
23/05/2025

Somalia: Opposition Leaders Hold Crucial Talks in Mogadishu Over Somalia's Political Future

Mogadishu -- Senior Somali opposition figures have launched a series of high-level meetings in Mogadishu amid growing political uncertainty, calling for an inclusive electoral process and warning of deepening instability. ......
23/05/2025

Nigeria: Troops Pummel Insurgents As Twin Attacks Rock Borno Communities

The troops killed scores of insurgents as three Civilian Joint Task Force members and a vigilante paid the supreme price. ......
23/05/2025

'Unfounded, false': Sudan rejects US claims over alleged chemical weapons use

The Sudanese government on Friday rejected what it described as unfounded and false US claims regarding the army's alleged use of chemical weapons in the country's ongoing war. In a statement, Sudan's Foreign Ministry categorically denied the baseless allegations contained in the US State Department's...
23/05/2025

Grey Awards $9500 to Women Entrepreneurs from Brazil and Nigeria through UpGreyed Her 2025

Grey, the global banking platform empowering digital nomads and businesses with borderless financial solutions, today announced the winners of its 2025 UpGreyed Her initiative. The equity-free grant program awarded $9,500 to four women-led businesses, marking the initiative's successful expansion from its African roots to a global platform for women's entrepreneurship. Financial inclusion isn't just about access to banking, it's about providing the resources entrepreneurs need to scale their impact, said Femi Aghedo, co-founder of Grey. By taking UpGreyed Her global, we're reinforcing our commitment to building a financial ecosystem where women founders can thrive across borders, just...
23/05/2025

AFRICA-FX: Nigerian Naira to remain stable, Ghana and Uganda currencies could gain ? Reuters

Nigeria#8217;s naira is seen holding steady after strengthening this week due to foreign portfolio inflows for a central bank auction read more AFRICA-FX: Nigerian Naira to remain stable, Ghana and Uganda currencies could gain #8211; Reuters ......
23/05/2025

La junte malienne veut "installer une dictature militaire", selon un ancien ministre de la Justice


Invité de Marc Perelman dans l?émission En tête à tête, l'ancien ministre malien de la Justice, Mamadou Ismaïla Konaté accuse la junte malienne au pouvoir de "faire en sorte que l'ordre militaire prenne la place du pouvoir constitutionnel", alors même qu'elle devait être une force de transition. Pour lui, le dessein du pouvoir militaire en place depuis le coup d'État de 2020, est de maintenir son chef, Assimi Goïta, au pouvoir. Il affirme qu'une "dictature militaire" s'installe au Mali.
23/05/2025

South Sudan refugees in Ethiopia face ?health catastrophe?, charity warns

Thousands of South Sudanese refugees face worsening health conditions as cholera spreads.
22/05/2025

Nnamdi Kanu?s Trial: Unlike Amotekun, ESN is An Illegal Organisation, DSS Tells Court 

Nigeria | 5 hours ago Alex Enumah in Abuja A witness of the Department of State Services (DSS) in the trial of pro-Biafra nation agitator, Mr Nnamdi Kanu, has told a Federal High Court in Abuja, that there is no comparison between the South-west security group (Amotekun) and that of the Eastern Security Network (ESN). The witness, who made the clarification at the ongoing terrorism trial of Kanu before Justice James Omotosho on Thursday, pointed out that while Amotekun is an organization backed by law, that of ESN was not backed by any law which makes it an illegal association. Amotekun is a South-western region security network set up in all the six states of the zone, to complement...

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