Nigeria Records N55.2bn Trade Imbalance With UK

The United Kingdom in December 2023 exported £185 million to Nigeria and imported £154 million, resulting in a negative trade balance of £30.8 million (N55.2bn), the federal government has disclosed. Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, said the federal government is committed to changing the trend in favour of Nigeria. She spoke […]

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Nigeria’s President Jets To Senegal For Africa’s Youngest President’s Inauguration

  President Bola Tinubu will depart Abuja on Tuesday, for Dakar, Senegal, to attend the inauguration of Africa’s youngest leader, Senegal’s President-elect, Bassirou Faye. The Presidency disclosed this in a statement by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, titled ‘President Tinubu to attend inauguration of Senegal’s President-elect Bassirou Faye.’ Tinubu, who is […]

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NDLEA Intercepts Qatar-Bound Drugs Concealed In Cassava Salad

 Operatives of the National Drug Law Enforcement Agency (NDLEA) have detained a 35-year-old lady, Chidinma Chinenye Agbazue. She was detained after being caught attempting to export 20 parcels of cannabis sativa weighing 10.70kgs concealed in African salad popularly called Abacha and dried vegetables to Doha, Qatar through the Murtala Muhammed International Airport (MMIA) Ikeja Lagos […]

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Israeli Airstrikes Claim 52 In Syria

  The death toll in Israeli air strikes on Syria has risen to 52, including 38 government soldiers and seven members of Lebanon’s Hezbollah movement, a war monitor said Saturday. They targeted “a rocket depot belonging to Lebanon’s Hezbollah” near the Aleppo airport in northern Syria, according to the Britain-based Syrian Observatory for Human Rights. […]

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Thousands Protest Gaza War In Israel

Mounting anger at Benjamin Netanyahu’s far-right government has seen protesters take to the streets. Opponents of the government are calling for its resignation. Police use a water cannon to disperse demonstrators from a highway during a protest against Israeli Prime Minister Benjamin Netanyahu’s government and call for the release of hostages held in the Gaza […]

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Nigeria Raises Banks’ Capital Base To N500BN

THE Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorization at N500 billion. A circular signed by the Director, Financial Policy and Regulation Department, Haruna Mustafa, to all commercial, merchant, and non-interest banks and promoters of proposed banks emphasized that […]

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Saudi King Distributes Food In Nigeria

King Salman Humanitarian Aid and Relief Centre of Saudi Arabia has distributed food items as Ramadan relief materials to more than 2,000 households mostly People with Disabilities (PWDs) in eight local government areas of Kano State. The team leader of the foundation, Mr. Abdulrahman ibn Abdul Aziz Al-Zaben, told newsmen that the programme is aimed […]

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