The dancers swayed their hips to the rhythm of drummers who set the pace for the anticipated mass circumcision ceremony of the Bamasaba people in Uganda’s eastern mountains.  However, the lively street festivities masked a growing conflict behind the scenes. Some locals were questioning their king about the public display of Imbalu, a ritual involving […]

A new 5km natural gas pipeline network has been inaugurated in Victoria Island, linking Eko Atlantic City, Lagos, thanks to Axxela Limited and NGML. This milestone represents a key development in Axxela and NGML’s extensive 72.5km pipeline infrastructure project, which will extend from Victoria Island to Lekki. The newly launched 5km segment, running from Outer […]

Africa is home to some of the world’s largest gold reserves, with several countries each possessing over 100 metric tons of this valuable metal. These extensive reserves present significant opportunities for economic growth and wealth generation across the continent. Gold serves as a critical asset that can boost foreign exchange reserves, reduce reliance on foreign […]

The Central Bank of Nigeria (CBN) has approved the merger arrangement between Unity Bank Plc and Providus Bank Limited. The announcement was made by the bank’s spokesperson, Mr. Hakama Sidi Ali, in Abuja last night. According to Mrs. Sidi Ali’s statement, “The CBN has approved a crucial financial support package to facilitate the merger of […]

Minister of Works, Senator Nweze David Umahi, praised the collaboration between the Southeast states and the Federal Government under President Asiwaju Bola Tinubu’s Renewed Hope administration. He highlighted that this partnership has led to significant infrastructure development in the SouthEast region. Senator Umahi made these remarks during a visit on Sunday, August 4, 2024, to […]

The Super Falcons of Nigeria are on the verge of being eliminated from the 2024 Women’s Olympic Football Tournament, with their fate dependent on a crucial match against Japan. As nine-time African champions, Nigeria will strive to earn their first points of the tournament when they face Japan at the Stade de la Beaujoire in […]

Whether through oil or non-oil exports, Nigeria appears to be underperforming considering its ambitions to achieve a trillion-dollar economy by 2030. Despite being Africa’s largest economy, Nigeria has yet to fully exploit its resources to foster widespread prosperity, with revenues from non-oil exports remaining relatively modest. The country finds itself at an economic crossroads where […]

On Wednesday, the Central Bank of Nigeria (CBN) replaced the senior management team of the Nigerian Security Printing and Minting Plc (NSPM). It designated Abubakar Sule Minjibr as the acting Managing Director. The decision was communicated via an internal memo titled “House Notice No. 2083 – Executive Management Changes,” signed by Soji Ogungbesan, the General […]

South Sudan’s vice president remarked on Thursday that peace negotiations in Kenya have disregarded the country’s 2018 peace agreement, suggesting that a newly proposed draft aims to supplant the original accord. Riek Machar conveyed his concerns in a formal letter to the mediator of the talks, noting that the draft proposes alternative institutions that could […]

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