Excitement is building across Africa as the African Union Commission (AUC) and the International Committee of AFRIMA get ready to announce the host city for the 2025 All Africa Music Awards (AFRIMA). Two major cities, Lagos in Nigeria and Johannesburg in South Africa, are competing for the chance to host …
Read More »APC condemns VeryDarkMan’s attack on Akpabio over Pope’s funeral trip
The South-South Zonal chapter of the All Progressives Congress on Sunday gave popular social media influencer Martins Vincent Otse, otherwise known as VeryDarkMan, one week to tender an apology to the President of the Senate, Senator Godswill Akpabio, over the manner he disparaged him in his latest video. While urging …
Read More »Historic Moment for Africa as the African Space Agency was Officially Inaugurated on Sunday
The African Space Agency was formally inaugurated on Sunday, 20th April 2025, during the NewSpace Africa Conference, gathering dignitaries worldwide, including ministers and ambassadors from various countries. At the event, Dr. Valanathan Munsami, former CEO of SANSA and Chair of the AU Space Working Group, highlighted Africa’s unique opportunity to …
Read More »IMF urges transparency in Nigeria’s oil sector
…warns of new economic shocks in sub-Saharan Africa The International Monetary Fund has called for transparency in Nigeria’s oil sector to ensure the gains from fuel subsidy removal are not lost to inefficiencies and opacity, but delivers more resources into government coffers and better livelihoods for citizens. While commending the …
Read More »Stocks gain over N960bn in 4-day trading week
Nigeria’s equities market value rose remarkably by N966billion in the four-day trading week ended Friday April 25. Analysts see the first-quarter (Q1) earnings season providing catalyst for continued investor engagement, with strong corporate performances driving buy-side interest from stock investors. Specifically, consumer goods, banking and insurance stocks pushed the market …
Read More »FX, Money Market dominate as FMDQ secondary market turnover hits N58.20trn
Foreign Exchange (FX) and Money Market (MM) transactions dominated secondary market activity, jointly accounting for 70.35 percent of the total secondary market turnover in March 2025. According to FMDQ Securities Exchange in its financial markets monthly report for March, the total secondary market turnover recorded on FMDQ Exchange in March …
Read More »20 passengers kidnapped along Akwa Ibom–Cross River waterways
Gunmen have reportedly abducted 20 passengers traveling by boat along the Akwa Ibom–Cross River waterways. The boat, which was ferrying passengers from Oron in Akwa Ibom State to Cross River State, was attacked on April 18. Timfon John, the spokesperson for the Akwa Ibom police command, confirmed that the incident …
Read More »$3.3bn crude-for-loan deal legitimate, transparent, group defends Kyari
A coalition of civil society groups under the banner of the Coalition of Civil Society Organisations in Nigeria has described the recent protests and corruption allegations against the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, as baseless and politically motivated. This comes amid …
Read More »Climate activists renew call for reparation for Africa
The Africa Make Big Polluters Pay Coalition has wrapped up a two-day training for journalists across the continent on climate change reporting, with a call for sustained coverage of the climate crisis from an Afrocentric perspective. The coalition also renewed its call for just climate reparations for Africa and the …
Read More »Tinubu deploys Akpabio, Minister, 3 Archbishops for Pope Francis’ funeral
President Bola Ahmed Tinubu has appointed Senate President Godswill Akpabio, Minister of State, Foreign Affairs, Ambassador Bianca Odumegwu Ojukwu and Archbishop of Sokoto Diocese, Archbishop Matthew Hassan Kukah as members of Nigeria’s high-powered delegation to Vatican City to attend the burial of His Holiness, Pope Francis, on Saturday, April 26. …
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