Naira on course for strongest annual gain against dollar since 2018
Nigeria’s naira is on track to record its strongest annual gain against the US dollar in at least eight years, as stronger foreign-exchange inflows from oil earnings and remittances improve dollar liquidity in the economy. The currency has appreciated by about 8 per cent so far in 2026, continuing a recovery from the sharp depreciation... Read More
Anthony Joshua Crash: Driver Back in Court as Trial Adjourned to Sept 10
The Nigerian court hearing the case against the driver of Anthony Joshua’s ill-fated Lexus SUV returned to the spotlight this morning, with proceedings adjourned again — this time to September 10 — as prosecutors laid out fresh details of the fatal crash that shook global boxing late last year. Adeniyi Mobolaji Kayode, 46, was behind... Read More
Federal Workers Demand N300,000 Minimum Wage and N1.5m Top Salary in Fresh Letter to Tinubu
Nigeria’s federal workers have thrown down the gauntlet. In a fresh petition addressed toPresident Bola Tinubu and the National Assembly, the Federal Workers Forum (FWF) isdemanding that the country’s minimum wage be raised from N70,000 to N300,000, with amaximum salary of N1.5 million for Level 17 officers.The letter, which surfaced widely across Nigerian media on... Read More
Xi Jinping wraps historic Egypt visit with Suez deal and Middle East warning to the West
Chinese President Xi Jinping has concluded a landmark two-day visit to Egypt, strengthening Beijing’s economic and strategic ties with Cairo while calling for a greater Middle Eastern role in determining the region’s own security affairs. Xi’s September 1-2 visit was his first trip to Egypt in a decade and coincided with the 70th anniversary of... Read More
Guinea-Bissau approves new constitution expanding presidential powers
Guinea-Bissau has approved a new constitution that significantly expands the powers of the presidency, setting the stage for changes to the way the West African country is governed. The new constitution strengthens the authority of the president over key areas of government and reshapes the relationship between the executive and other state institutions. The move... Read More
Uber exits Nigeria after 12 years
Uber is set to exit Nigeria after 12 years of operations, bringing an end to its presence in one of Africa’s largest and most competitive ride-hailing markets. The company, which launched in Nigeria in 2014, established a strong presence in major cities including Lagos and Abuja, connecting millions of riders with drivers through its ride-hailing... Read More
Thousands rally behind Niger’s junta chief after failed mutiny
Thousands of people gathered in Niamey, Niger’s capital, on Wednesday, September 2, to show support for junta leader General Abdourahamane Tiani, days after an attempted military mutiny was reportedly put down. The rally at Place de la Concertation included junta supporters and government ministers. Demonstrators shouted anti-imperialist slogans, while Russian flags were visible in... Read More
U.S. Says Weak IP Protection Costs African Musicians Millions
The United States has warned that African musicians are losing millions of dollars in potential revenue because of weak intellectual property (IP) protection, calling for stronger copyright enforcement across the continent. U.S. officials said inadequate protection of music copyrights, widespread piracy and limited royalty collection systems continue to deprive artists of earnings from streaming, broadcasting,... Read More
Atiku Calls for Return of Fuel Subsidy in Major Policy Reversal
Former Vice President Atiku Abubakar has called for the restoration of Nigeria’s fuel subsidy, marking a significant shift from his long-held position in support of subsidy removal. Speaking on the country’s economic challenges, Atiku argued that the current hardship faced by Nigerians requires urgent government intervention to ease the burden of rising fuel prices and... Read More
INTERPOL’s Operation Jackal IV Nets 58 Arrests Across West African Cybercrime Crackdown
INTERPOL has announced the results of Operation Jackal IV, a multinational crackdown on cyber-enabled financial crime across West Africa that led to 58 arrests and the identification of 263 suspects linked to organized cybercrime networks. The operation brought together law enforcement agencies from several West African countries, targeting criminal groups involved in business email compromise,... Read More