In a significant move set to reshape global trade dynamics, China has announced the full removal of tariffs on imports from all African countries with which it maintains diplomatic relations. This landmark decision falls under the new “China-Africa Economic Partnership for Shared Development,” a framework designed to significantly enhance Africa’s integration into global trade. The…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and various tanker driver associations have embarked on a protest against the Lagos State Government’s recent hike in the electronic call-up parking fee for trucks along the Lekki-Epe corridor. The associations are warning that the new charge of ₦12,500 per truck, up from the previous ₦2,500, is…
Tragic Accidental Discharge Claims Life of Police Inspector in Awka A pall of sorrow hangs over Awka, Anambra State, following a deeply tragic incident where a police inspector, Okolie Amechi, was fatally shot by his 10-year-old son in what authorities have described as an “accidental discharge.” The heartbreaking event unfolded on Sunday evening, June 15,…
The National Assembly (NASS) resumes plenary today after a short recess, with lawmakers expected to tackle critical national issues, including constitutional amendments, economic reforms, and security matters. The Senate and House of Representatives are set to deliberate on several pending bills and motions, including: The 2024 Supplementary Budget – Expected to address urgent economic…
The Federal Government of Nigeria has approved a massive N1.8 trillion for the construction and rehabilitation of critical road projects across the country. The announcement was made following a meeting of the Federal Executive Council (FEC), signaling the government’s commitment to improving infrastructure and boosting economic growth. The approved funds will cover both new…
The Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi, has taken swift action by ordering the immediate detention of officers allegedly involved in extorting ₦5.2 million from a traveler. This decisive move follows a directive from the Minister of Interior, Dr. Olubunmi Tunji-Ojo, demanding an immediate and thorough…
The Nigerian Naira traded relatively flat in the official foreign exchange (FX) market on Tuesday, even as the Central Bank of Nigeria (CBN) recorded its highest dollar sales volume in the past week. Data from the Nigerian Foreign Exchange Market (NFEM) showed the Naira depreciated slightly by 0.2 percent, closing at N1,602.63 against the dollar,…
The Nigeria Customs Service (NCS) has announced a significant revenue generation of ₦1.75 trillion for the first quarter of 2025. This impressive figure, revealed by Comptroller-General Adewale Adeniyi, represents a substantial 29.96% increase compared to the ₦1.35 trillion generated during the same period in 2024. This performance also exceeded the NCS’s own quarterly target of…
In a significant development with implications for Nigeria’s security and its relationship with Finland, reports indicate that a Finnish court has approved the extradition of Simon Ekpa to Nigeria. Ekpa, a controversial figure known for his vocal Biafran separatist stance and alleged involvement in inciting violence in Southeastern Nigeria, was arrested in Finland on suspicion…
Tragedy has struck another community in Benue State as reports emerge of a deadly attack allegedly carried out by suspected herdsmen. While details are still emerging, multiple sources indicate that a significant number of people are feared dead following the assault on [Specify community name if available, otherwise use “a Benue community”]. Eyewitness accounts describe…
