News
CBN Sidelines BDCs From $122.67M Forex Allocation, Association Head Says
The Central Bank of Nigeria (CBN) has sidelined Bureau De Change (BDC) operators from its latest allocations. This was disclosed by Aminu Gwadebe,...
Tinubu’s Govt Seeks Another $50 Million World Bank Loan for Solar Projects, Prepaid Meters, Others
The Federal Government of Nigeria is seeking a $50 million loan from the World Bank for its project, which is meant to set...
Nigerian Govt. Spends N16bn On Forex For International Trips In One Year
The Tinubu-led administration has spent about N16.06 billion on foreign currencies for international trips from June 2023 to May 2024. This is according...
Tinubu to Submit Minimum Wage Bill to National Assembly Next Week Despite Inconclusive Negotiations With NLC
Barring any last-minute changes, President Bola Tinubu will submit the New National Minimum Wage Bill to the National Assembly next week. The Minister...
Burkina Faso: Police Dismantle Counterfeit Currency Gang Operating From Prison
Authorities in Burkina Faso have apprehended several prisoners and their accomplices involved in currency counterfeiting. This was revealed when the alleged criminals were...
Niger Forges Ahead, Opens University Applications For Young Nigeriens To Study Oil Exploration
The Republic of Niger has announced the opening of pre-registrations and academic year for 2024/2025 undergraduate students planning their careers in the petroleum...
Liberia Charges Chinese Nationals With Economic Sabotage, Tax Evasion, Criminal Conspiracy In Major Mining Cartel Bust
Liberian prosecutors have charged several Chinese nationals with economic sabotage, tax evasion, and criminal conspiracy after busting a significant mining cartel. The case...
Liberia Airport Authority Revokes Ghanaian Security Firm’s Contract at Roberts International Airport
The Board of Directors of the Liberia Airport Authority has unanimously voted to halt operations by a Ghanaian security firm to take over...
Nigeria’s Inflation Hits New High Of 34.19% Due To Escalating Food Prices
Nigeria’s inflation rate reached a new high of 34.19% in June 2024, according to the data published by the National Bureau of Statistics...
Gambia Parliament Rejects Bill To Lift Ban On Female Genital Mutilation
The parliament of Gambia on Monday rejected a bill against lifting the ban on female genital mutilation (FGM). This comes after Gambian lawmakers...
e-CMR: IGP Suspends Proposed Collection Of Controversial Levies From Vehicle Owners
The Nigerian Police Force has suspended the electronic central motor registry registration process (e-CMR), a proposed database criticised as an illegal revenue-generating scheme....
Somalia: Bomb Blast Kills At Least 5 At Mogadishu Cafe During Euro 2024 Final
Late Sunday, July 14, a powerful car bomb exploded at Top Coffee Restaurant in Mogadishu, Somalia, killing five people and injuring around 20...