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News - Page 815

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

October 16, 2026

Somaliland has renewed its campaign for international recognition after U.S. President Donald Trump described the territory as a “totally different country” from Somalia, prompting celebrations in its capital but no indication of

Africa·Finance & Economy·News·Top Stories

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

October 16, 2026

Kenyan President William Ruto has signed legislation extending reduced value-added tax (VAT) on fuel for 90 days, revising taxes on selected construction materials and changing the governance and funding arrangements of the

News·Politics

Akpabio Withdraws Claim Of Nigerian Govt Giving N30bn To Each State Governor

Nigeria’s Senate President, Godswill Akpabio, has withdrawn his statement that the Federal Government allegedly gave N30 billion to each state governor to cushion the effect of the high cost of things in the country. Akpabio apologised to the Nigeria Governors’ Forum (NGF)

February 27, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business News·Currency·News

Save Naira: CBN Sells $20,000 Forex To BDCs At Reduced Rate Of N1,301/$

the Central Bank of Nigeria (CBN) has once again begun providing foreign exchange to Bureau de Change (BDCs) operators as a way of increasing liquidity in the forex market.

February 27, 2024

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business News·Finance & Economy·News

CBN Raises Benchmark Interest Rate To 22.75%

he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75 per cent. This was announced by the CBN governor, Yemi Cardoso

February 27, 2024

News·Sports

Arsenal Announces £52.1 million Tax Loss

Premier League title-chasing Arsenal on Tuesday announced a post-tax loss of £52.1 million for the fiscal year ended 31 May 2023

February 27, 2024

Business News·News

CBN Pays Out Additional $400m To Settle Forex Backlog

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Tuesday, disclosed that the CBN has paid out an additional $400 million to settle forex backlog owed.

February 27, 2024

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

News

Norse Atlantic Airways, Air Peace Reach ACMI Charter Agreement For London Operations

Norse Atlantic Airways has entered into an agreement with Air Peace for an Aircraft, Crew, Maintenance, and Insurance (ACMI) charter service. This collaboration marks the beginning of a strategic partnership aimed at providing seamless air travel solutions between London and Lagos, Nigeria.

February 26, 2024

News·Sports

Messi, Djokovic, Verstappen, Red Bull Nominated For 2024 Lareaus Awards

Several top athletes, teams and organizations will be rewarded on April 22 for their immense achievements and contributions to sports when the 2024 Lareaus World Sports awards will be held

February 26, 2024

Burkina Faso, Mali, Niger Withdrawal May Stop $500m Projects, Threaten Regional Security, Job Losses – ECOWAS

Africa

Burkina Faso, Mali, Niger Withdrawal May Stop $500m Projects, Threaten Regional Security, Jobs – ECOWAS

ECOWAS has said the move by Burkina Faso, Mali and Niger to withdraw their membership could lead to the suspension of ECOWAS projects valued at over $500 million in those countries.

February 26, 2024

#EndBadGovernance Protests: PDP Criticises Tinubu's Silence, Demands Immediate Response

News·Politics

Nigerian Govt May Scrap Some Agencies, Merge Others As Tinubu Set To Implement Oronsaye Report

There are indications that Nigeria’s President Bola Tinubu has decided to implement the Stephen Oronsaye report on reform of the civil service. This measure is part of efforts to cut the cost of governance as many agencies will either be scrapped or

February 26, 2024

News·Sports

EPL: Everton’s 10-point Deduction For Breach of Financial Rules Reduced

Everton's 10-point deduction by the Premier League for breaching Premier League financial rules have been reduced to six points after an appeal

February 26, 2024

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

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

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News - Page 815

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

Akpabio Withdraws Claim Of Nigerian Govt Giving N30bn To Each State Governor

Save Naira: CBN Sells $20,000 Forex To BDCs At Reduced Rate Of N1,301/$

CBN Raises Benchmark Interest Rate To 22.75%

Arsenal Announces £52.1 million Tax Loss

CBN Pays Out Additional $400m To Settle Forex Backlog

Norse Atlantic Airways, Air Peace Reach ACMI Charter Agreement For London Operations

Messi, Djokovic, Verstappen, Red Bull Nominated For 2024 Lareaus Awards

Burkina Faso, Mali, Niger Withdrawal May Stop $500m Projects, Threaten Regional Security, Jobs – ECOWAS

Nigerian Govt May Scrap Some Agencies, Merge Others As Tinubu Set To Implement Oronsaye Report

EPL: Everton’s 10-point Deduction For Breach of Financial Rules Reduced

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Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

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

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

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

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