Economy

Stakeholders hail NRS over N3.6tn revenue surge

Economic stakeholders on Thursday commended the Nigeria Revenue Service over the surge in government revenue, describing it as evidence that ongoing fiscal reforms are yielding positive results. The group, under...

Nigeria produces 1.4 million tonnes of palm oil annually: FG

The federal government says Nigeria produces approximately 1.4 million metric tonnes of palm oil...

UTME 2026: Over 2.2m candidates sit, as JAMB, CBT operator trade blame over glitches

Over 2.2 million candidates yesterday sat for the 2026 Unified Tertiary Matriculation Examination (UTME)...

UTME: JAMB condemns hijab incident at Ibadan CBT centre

The Joint Admissions and Matriculation Board, JAMB, has condemned the reported discrimination against hijab-wearing...

Lagos APC denies planned imposition of candidates

Ahead of the forthcoming legislative elections, the Lagos State Chapter of the All Progressives...

Tinubu behind Kaduna’s achievements – Uba Sani

Gov. Uba Sani of Kaduna State says his administration would not have recorded major achievements without the support of President Bola Tinubu. Sani said this...

Ambassador-designate shrugs off $104bn debt, backs global credit access

The senator representing Ondo South Senatorial District, Jimoh Ibrahim, has defended the Federal Government’s continued resort to borrowing, insisting that Nigeria must take advantage...

President Donald Trump’s new tariff comes into effect at lower-than-expected rate.

https://youtu.be/GOQgrjK4eRk The US is back to the same level of trade uncertainty as last year, with a higher risk of a full-blown tariff war, according...

Egypt’s FM Welcomes US Envoy for Talks in Cairo on Boosting Bilateral Cooperation

CAIRO, Egypt — Egyptian Foreign Minister Badr Abdel‑Aty met with U.S. Deputy Secretary of State Christopher Landau in Cairo on Sunday for high‑level talks...

Ghana’s Multidimensional Poverty Rate Declines for Third Consecutive Quarter

ACCRA, Ghana — Ghana’s Statistical Service has announced that the country’s multidimensional poverty rate has declined for the third consecutive quarter, marking a significant...

US Firm Sues DR Congo Over Alleged Bribery Scheme

WASHINGTON/KINSHASA — A lawsuit filed in the United States has placed the Democratic Republic of Congo (DRC) under fresh international scrutiny, as Idaho‑based financial...

Nigeria Pushes Ahead With Sweeping Tax Reforms Despite Opposition Concerns

ABUJA, Nigeria — President Bola Ahmed Tinubu has confirmed that Nigeria will begin enforcing new tax laws on January 1, 2026, despite mounting criticism...

Morocco’s Tourism Sector Hits Record Highs

MARRAKECH, Morocco — Morocco’s tourism industry is celebrating a record year, with 19.8 million visitors in 2025, a 14% increase compared to the previous...

Six African Women Break Barriers in Forbes 2025 Power List

NEW YORK/AFRICA — Forbes has unveiled its 2025 list of the world’s 100 most powerful women, spotlighting six African trailblazers whose achievements are reshaping...

Iran Introduces New Gasoline Price Tier

TEHRAN, Iran — Iran has introduced a new pricing tier for its nationally subsidized gasoline, marking the most significant change to its fuel-subsidy system...

Sierra Leone Declares End of Mpox Outbreak but Survivors Face Discrimination

FREETOWN, Sierra Leone — Authorities have declared the Mpox epidemic officially over, ending a two-year health emergency that saw more than 5,000 infections and...

Ghana Condemns ‘Inhumane’ Treatment of Travellers at Israel Airport

ACCRA, Ghana — Ghana’s government has condemned what it called the “inhumane” treatment of its citizens at Israel’s Ben Gurion International Airport, after several...

Uganda to Receive $1.7 Billion of US Funding Under New Health Deal

KAMPALA, Uganda — Uganda and the United States have signed a $2.3 billion bilateral health cooperation agreement, with Uganda set to receive up to...

Chinese Exports to Africa Soar Despite Tariff Wars

BEIJING/QINGDAO — Chinese exports to Africa could top $200 billion in 2025, even as Beijing remains locked in a trade war with the United...

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