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International
Banks supporting unlicensed foreign companies will face CBN sanctions
By facilitating the flow of capital to a variety of investment opportunities, it may also encourage increased levels of direct foreign investment into the host nation.
It was stated that "in view of these, the Central Bank of Nigeria…
Buhari will start financial plan for sustainable development in New York
President Muhammadu Buhari will introduce Nigeria's Integrated National Financing Framework (INFF) on Friday in New York, United States, in an effort to address financial shortcomings in the financing of the sustainable development goals.…
US, Nigeria Agree on Gas Deployment in Push for Renewable Energy Sources
Mr. John Kerry, the United States' Special Envoy on Climate Change and a member of the country's security council, assured Nigeria yesterday of the country's technical assistance in its efforts to decarbonize its energy sources.
Kerry, a…
Sri Lanka, Pakistan Among Biggest Chinese Debtors – World Bank
Adoba Echono, Abuja
According to a World Bank report, South Asian countries such as Sri Lanka, Pakistan, and the Maldives are engulfed in Chinese debt.
Pakistan owes China $77.3 billion in foreign exchange, while Maldives owe China 31…
Breaking: Ruto sworn in as Kenya’s president
William Samoei Ruto has officially been declared President of Kenya following his swearing-in ceremony, which took place at the Karasani Stadium, Kenya.
He was sworn in by the Chief Judge, Martha Koome, on Tuesday at a ceremony held in…
In Historic Address, King Charles III pays tribute to Queen Elizabeth II
In his first public broadcast as monarch, Britain's King Charles III delivered a historic televised address to the nation, paying a poignant and moving tribute to his "darling Mama," the Queen.
"We owe her the most heartfelt debt any…
Tributes, as Arab leaders mourn Queen Elizabeth’s death
Arab leaders have expressed their heartfelt condolences on Queen Elizabeth II's death.
Following Buckingham Palace's official announcement of the Queen's death on Thursday, tributes to the late monarch have been pouring in from all over…
Breaking: Prince Charles succeeds Queen Elizabeth as king
Queen Elizabeth II, the longest-serving monarch in British history and an icon instantly recognised by billions of people around the world, died on Thursday at the age of 96, Buckingham Palace announced.
Charles, Prince of Wales, the…
Fuel leak delays preparations for NASA rocket launch
As NASA on Saturday resumed its second effort to get its new 30-story rocket off the ground and send its uncrewed test capsule toward the Moon, engineers detected a fuel leak that potentially could lead to a new delay.
With millions…
Former president dies in Russia
Mikhail Gorbachev, the former leader of the Soviet Union (Russia), has died.
Gorbachev was reported to have died on Tuesday at a central hospital in Moscow, Russia.
"Gorbachev died this evening after a serious and long illness," the…