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News - Page 253

States' Allocation To Increase By 69% In 2024, Yet Borrowing Persists

Africa·Finance & Economy·News·Top Stories

Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

October 5, 2026

Kenya is facing growing pressure from higher financing costs as limited access to concessional funding forces developing economies to rely more heavily on expensive sources of capital, according to a report by

News·Nigeria

Nigeria’s Future Hinges on Accountable Leadership, Active Citizenship – Obaze

October 5, 2026

Nigeria’s former Secretary to the Anambra State Government, Oseloka Obaze, has called for stronger accountability, inclusive governance and greater citizen participation, saying the country’s 66 years of independence had yet to deliver

Business News·News·Top Stories

CPPE Warns Suspension of 15% Fuel Import Duty Threatens Nigeria’s Refining Industry, Energy Security

The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the Federal Government’s suspension of the 15 per cent import duty on petrol and diesel poses significant risks to Nigeria’s domestic refining investments, foreign exchange stability and long-term energy security.

November 17, 2025

News·Nigeria·Security·Top Stories

Navy Officer Lt. Yerima Reportedly Survives Assassination Attempt in Abuja

Nigerian Navy officer Lieutenant A.M. Yerima, who recently drew national attention after a confrontation with the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has reportedly escaped an assassination attempt in Abuja on Sunday evening. According to multiple credible media reports

November 16, 2025

Africa·Opinion·Politics

Forty-five days that changed elections in Africa?

By Chidi Anselm Odinkalu An unlikely coincidence of ballots in a forty-five day period from the middle of September to the end of October 2025 has cast a new light on the state of democratic governance in Africa and now threatens

November 16, 2025

News·Nigeria·Security

Military Veterans Demand Wike’s Removal After Clash With Naval Officer in Abuja

Retired senior officers of the Nigerian Armed Forces have called on President Bola Tinubu to immediately sack or redeploy the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over his confrontation with a naval officer during an inspection visit in Abuja.

November 16, 2025

News·Security·Top Stories

DSS Arrests Suspected Major Arms Supplier in Plateau State

Operatives of the Department of State Services (DSS) have apprehended a suspected key arms dealer, Musa Abubakar, believed to be supplying high-caliber weapons to armed groups in Plateau State and other parts of northern Nigeria. The arrest, which took place on Wednesday,

November 16, 2025

News·Security·Top Stories

Tinubu Dispatches Peace Envoy to Plateau as Communities Sign New Reconciliation Pact

President Tinubu has intensified efforts to restore calm in Plateau State, sending his North Central Senior Special Assistant on Community Engagement, Dr. Abiodun Essiet, on a two-day peace mission that brought together influential Christian, Fulani, youth, and traditional leaders for renewed dialogue.

November 16, 2025

News·Nigeria

NAFDAC Destroys N20bn Worth of Counterfeit, Expired Products in South-West Clampdown

The National Agency for Food and Drug Administration and Control (NAFDAC) has destroyed counterfeit, expired, banned, and substandard products valued at N20 billion in a major enforcement exercise across the South-West. The destruction was carried out during the agency’s South-West Zonal Destruction

November 16, 2025

News·Politics·Top Stories

Governor Mutfwang Disowns Motion Expelling Wike, Fayose, Anyanwu, Others

Plateau State Governor, His Excellency Barr. Caleb Manasseh Mutfwang, has formally distanced himself from the controversial motion expelling top figures of the Peoples Democratic Party (PDP), including the Minister of the Federal Capital Territory, Nyesom Wike, former Ekiti State Governor Ayodele Fayose,

November 15, 2025

News·Politics·Top Stories

PDP Proceeds With Convention in Defiance of Court Order, Expels Wike, Fayose, Anyanwu, Others

The Peoples Democratic Party (PDP) has pressed ahead with its 2025 National Convention in Ibadan, Oyo State, despite a Federal High Court order directing the party to suspend the exercise over the alleged unlawful exclusion of former Jigawa State Governor, Dr. Sule

November 15, 2025

News·Nigeria·Security·Top Stories

CAS Aneke Vows Relentless Pursuit of Terrorists During Operational Visit to Katsina

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has restated the Nigerian Air Force’s commitment to pursuing terrorists and violent criminal groups “wherever they hide,” as he visited the Air Component of Operation FANSAN YAMMA (OPFY) Sector 2

November 15, 2025

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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News - Page 253

Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

Nigeria’s Future Hinges on Accountable Leadership, Active Citizenship – Obaze

CPPE Warns Suspension of 15% Fuel Import Duty Threatens Nigeria’s Refining Industry, Energy Security

Navy Officer Lt. Yerima Reportedly Survives Assassination Attempt in Abuja

Forty-five days that changed elections in Africa?

Military Veterans Demand Wike’s Removal After Clash With Naval Officer in Abuja

DSS Arrests Suspected Major Arms Supplier in Plateau State

Tinubu Dispatches Peace Envoy to Plateau as Communities Sign New Reconciliation Pact

NAFDAC Destroys N20bn Worth of Counterfeit, Expired Products in South-West Clampdown

Governor Mutfwang Disowns Motion Expelling Wike, Fayose, Anyanwu, Others

PDP Proceeds With Convention in Defiance of Court Order, Expels Wike, Fayose, Anyanwu, Others

CAS Aneke Vows Relentless Pursuit of Terrorists During Operational Visit to Katsina

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Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

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News - Page 253

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