Nigeria’s Foreign Trade Payments Plummet by 57% in First Seven Months of 2024
According to recent data from the Central Bank of Nigeria, the country's foreign trade payments have greatly declined significantly in...
BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency
The international trade is quickly shifting in favour of the Chinese yuan, leaving the Euro behind in third place while...
African Leaders Convene in Beijing for China-Africa Forum
In Beijing, a summit of African leaders is currently being held, where they are having high-level dialogues with Chinese officials...
NAHCO Rewards Staff for Exemplary Honesty
The Nigerian Aviation Handling Company PLC (NAHCO) has recognized and rewarded one of its staff, Auwal Dankode, for his exceptional...
Federal Government Invests $800m in Electricity Distribution Infrastructure
As part of the Presidential Power Initiative (PPI), the Federal Government of Nigeria has announced an investment of $800m aimed...
The Censorship Conundrum: What Brazil’s X Ban Means for Online Freedom
Brazil's Supreme Court has dealt a severe blow to the world of social media, ordering the nationwide blockage of X,...
Oyo State Government Initiates E-Payment Of Gratuities For Retirees
The Oyo State Government has started paying gratuities to retirees electronically, enabling a smooth and safe movement of payments. Furthermore,...
Putin Warns of Dollar’s Demise if Middle East Oil Producers Switch Currencies
Russian President Vladimir Putin has declared that if Middle Eastern oil producers abandon the US dollar in their transactions, it...
Djibouti Offers Ethiopia Exclusive Port Access to Ease Tensions
In a bid to alleviate diplomatic tension, the Djibouti government has revealed its intention to provide the Ethiopian government with...
Transnet Secures $283.53 Million Loan from BRICS New Development Bank
The New Development Bank (NDB) formed by the BRICS bloc of emerging economies has awarded Transnet, South Africa's national railway,...
Federal Government Signs Agreement with Chinese Firms to Supply 1.4 Million Electricity Meters
The Federal Government of Nigeria, has entered into a contract with three Chinese companies via its Bureau of Public Enterprises...
FCCPC Issues One-Month Ultimatum to Traders to Reduce Prices of Goods Across Nigeria
The Federal Competition and Consumer Protection Commission (FCCPC) has directed traders and market stakeholders to reduce the prices of their...
BUA Cement Records 27.4% Revenue Growth in 2023, Despite Challenges
BUA Cement Plc has declared a significant revenue growth of 27.4% in 2023, with a net revenue of N460 billion,...
Russia Claims Capture of Two Additional Villages in Eastern Ukraine
The Ministry of Defense for Russia reported that their troops have gained two additional settlements in Eastern Ukraine: Mykolaivka, located...
Central Bank of Nigeria Warns of Increasing Financial Pressures on Nigerians
According to a recent report issued by the Central Bank of Nigeria (CBN), a rising monetary distress has been warned...
