$3.5 BILLION IN LOCAL GOLD ADDED TO NIGERIA’S FOREIGN RESERVES
Nigeria’s foreign reserves have received a boost after the Central Bank of Nigeria (CBN) announced that the value of its gold holdings has risen to...
SECOND IRANIAN VESSEL SET FOR SRI LANKA AFTER SUBMARINE ATTACK
Agency Report A second Iranian warship was heading towards Sri Lanka’s territorial waters on Thursday, a day after a US submarine destroyed an Iranian frigate,...
MIDDLE EAST CONFLICT THREATENS GLOBAL ECONOMIC STABILITY – IMF CHIEF
Agency Report Global economic resilience is being tested once again by the ongoing conflict in the Middle East, IMF Managing Director Kristalina Georgieva warned on...
BREAKING NEWS: SOUTH KOREA LNG RESERVES SET TO RUN OUT IN 9 DAYS
Reports indicate that a South Korean lawmaker and energy sector analysts have raised concerns that the country’s liquefied natural gas (LNG) reserves are sufficient...
NECA APPLAUDS OYEDELE’S MINISTERIAL NOMINATION
Agency Report The Nigeria Employers Consultative Association has commended President Bola Tinubu for nominating the Chairman of the Presidential Committee on Fiscal Policy and Tax...
MIDDLE EAST WAR POSES THREATS TO AFRICA – EXPERTS
Agency Report Africa hosts military bases within reach of Iranian missiles and is feeling the impact of rising oil prices and threats to shipping, as...
SENATE REJECTS NEW REGULATORY AGENCY, GIVES CBN FULL FINTECH OVERSIGHT
By: Balogun Ibrahim The Senate on Wednesday called for a stronger regulatory framework that would place the Central Bank of Nigeria (CBN) at the forefront...
FEC APPROVES RECONSTRUCTION OF LAGOS’ ICONIC CARTER BRIDGE
By: Balogun Ibrahim Nigeria’s Federal Executive Council (FEC) has approved the demolition and full reconstruction of Lagos’ Carter Bridge, the government confirmed on Wednesday. Announcing...
NDLEA APPREHENDS UK-WANTED DRUG LORD FOLLOWING 15-YEAR MANHUNT
By: Balogun Ibrahim In a major blow to international drug trafficking networks, the National Drug Law Enforcement Agency said it has arrested a 58-year-old alleged...
OPENAI SURPASSES $25BN IN ANNUALIZED REVENUE
By: Balogun Ibrahim Artificial intelligence firm OpenAI has topped $25 billion in annualized revenue as of the end of last month, The Information reported Wednesday,...