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 …
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Stanbic IBTC Bank has successfully concluded its strategic participation at GTR West Africa 2025, reinforcing its commitment to advancing trade finance solutions and digital innovation across the region. The two-day conference, held at the Eko Convention Centre in Lagos on 24-25 April 2025, brought together over 400 delegates from more …
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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 …
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Socio-Economic Rights and Accountability Project (SERAP) has threatened to sue Mark Zuckerberg, Chairman and Chief Executive Officer, Meta Platforms Incorporated (Facebook) and his organisation if he fails to “immediately pay the $220 million fine imposed on Meta by the Federal Competition and Consumer Protection Commission (FCCPC). SERAP urged Mr. Zuckerberg …
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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 …
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…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 …
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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 …
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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 …
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The Competition and Consumer Protection Tribunal has upheld the $220 million fine levied against Meta Platforms Inc. by the Federal Competition and Consumer Protection Commission (FCCPC). In a statement released Friday, FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, confirmed the ruling and noted that the tribunal also awarded the commission …
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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 …
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