Africa

The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first market in Africa to implement the shortened settlement framework designed to enhance efficiency, reduce risk, and improve global competitiveness. Speaking at the T+1 Settlement Cycle Transition Ceremony in…

The Nigerian Navy has identified technological advancement, cyber security, and local military production as key priorities as the service marks its 70th anniversary amid evolving security threats and growing demands for regional maritime stability. Chief of Policy and Plans at Naval Headquarters, Rear Admiral Akinola Olatunde, stated this on Thursday…

Across Africa, governments are increasingly turning to mobile money as a revenue lever as fiscal pressures intensify and digital transactions become more visible, yet evidence from multiple markets shows a consistent outcome: usage declines, financial inclusion weakens, and the tax base ultimately shrinks. Mobile money has expanded financial access at…

Nigeria, Africa’s leading oil exporter, shipping approximately 2.3 million barrels of oil per day, might miss out in the oil windfall triggered by the ongoing US-Iran war, if oil theft in its creeks is not checked. Recent operations by the Nigerian Navy in the Niger Delta revealed four dug-out pits…

30th January, 2026gThe Nigerian Communications Commission (NCC), in line with its commitment to collaboration and regional integration, has reaffirmed its dedication to strengthening partnerships among telecommunications regulators within the West African sub-region. The Executive Vice Chairman of NCC, Dr. Aminu Maida re-affirmed the commitment when the Commission hosted a high-level…

For decades, Africa’s abundant natural resources have been both a blessing and a curse. From oil in the Niger Delta to today’s lithium, cobalt, and coltan, the continent remains central to global supply chains, yet it often pays a disproportionate price in conflict, environmental degradation, and underdevelopment. While the product…

The United States has carried out a military strike against Islamic State (ISIS) targets in northwest Nigeria, marking a rare direct intervention as concerns grow over escalating attacks on Christian communities. U.S. President Donald Trump announced the operation late Thursday, saying the strike was aimed at ISIS elements responsible for…

The Federal Government has confirmed the release of a Nigerian Air Force aircraft and its 11 crew members who were detained in Burkina Faso after making an unscheduled landing. Spokesperson for the Ministry of Foreign Affairs, Mr. Kimiebi Ebienfa, confirmed the development on Wednesday night, stating briefly, “Yes, they have…

Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has called on citizens to remain calm following the designation of Nigeria as a Country of Particular Concern and comments suggesting a possible military intervention by U.S. President Donald Trump. Idris made the appeal on Monday during a courtesy visit to…

Nigeria’s health sector is witnessing notable progress as the Federal Government’s ongoing macroeconomic reforms continue to deliver positive outcomes, Minister of State for Finance, Dr. Doris Uzoka-Anite, has said. Speaking at the Health Works Leaders Coalition Roundtable on the sidelines of the 2025 World Bank Group/International Monetary Fund (WBG/IMF) Annual…