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Chinese Arrested in Congo
FinanceNews

DR Congo Sentences Three Chinese Nationals to Seven Years in Prison for Illegal Mining

A court in the Democratic Republic of Congo (DRC) has sentenced three Chinese nationals to seven years in prison for illegal mining. They...

FinanceNews

Nigeria’s Inflation Rises for Fourth Consecutive Month, Hits 34.8% in December

Nigeria’s inflation rate rose to 34.8 per cent in December 2024. This is according to the latest Consumer Price Index (CPI) report released...

Tinubu Reshuffles Cabinet
FinanceNews

2025 Budget: FG Allocates ₦6.7 Trillion for ‘Emergency Expenses’ Amid Several Irregularities

‍Civil society groups and economic analysts have heavily criticized President Bola Tinubu’s proposed budget for 2025. Many believe it fails to address Nigeria’s pressing needs...

Human RightsNews

ICYMI: Ex-Ooni’s Wife and Two Others Charged With Murder Over Ibadan Stampede, While Customs Faced No Charges in the Lagos Stampede

A High Court in Ibadan has granted bail to Queen Naomi Silekunola, ex-wife of the Ooni of Ife, and two others charged after...

Barrick Gold and Mali
FinanceNews

Mali Begins Seizing Gold Stock at Barrick Gold Site Amid Stricter Mining Rules

According to a memo obtained by Reuters, Mali’s government has begun seizing gold stock at Barrick Gold’s Loulo-Gounkoto site. Officials reportedly enforced the...

FinanceNews

US to Repatriate $52.88M Linked to Ex-Nigerian Oil Minister Alison-Madueke

The United States and Nigeria have formally agreed to return $52.88 million linked to former Petroleum Minister Diezani Alison-Madueke and her associates. The...

FinanceNews

Presidency Allocates ₦7.65 Billion for State House Vehicles in 2025 Budget, Despite Pledges to Cut Costs

The Nigerian Presidency has proposed ₦7.65 billion for the purchase of State House vehicles in the 2025 budget. The large allocation marks a...

FinanceNews

Over 60 Stampede Deaths Recorded During Palliative Distributions in Nigeria Under Tinubu’s Administration

Stampedes during palliative distributions in Nigeria have left many dead and injured. Since President Bola Tinubu took office on 29 May 2023, at...

Enugu 2025 Budget
FinanceNews

2025 Budget: Enugu Govt. Plans to Spend ₦10 Billion on CCTV Cameras, ₦5 Billion on Vehicles

The Enugu State Government has planned to spend ₦10 billion in 2025 on installing CCTV cameras across the state. The government said the...

Human RightsNews

Police Charge Activist Olamide Thomas for ‘Threatening’ Seyi Tinubu and Police Chiefs, Arrest DJ for Insulting President

The Federal High Court in Abuja has ordered the remand of activist and nurse, Olamide Abiodun Thomas, on charges of cyberbullying Seyi Tinubu,...

BusinessNews

French Firm Orano Pursues Legal Action Against Niger Over Revoked Mining Licence

French nuclear fuel company Orano has launched international arbitration against Niger following the country’s decision to revoke a key mining licence. The move...

Chinese Gold Mining
BusinessNews

17 Chinese Nationals, Others Arrested for Illegal Gold Mining in DR Congo

Seventeen Chinese nationals have been arrested in the Democratic Republic of Congo (DRC) for running an illegal gold mining operation. The arrests occurred...