Month February 2025

Nigeria Demands $81.5bn From Binance Over Losses, Taxes

NIGERIA has launched legal action against Binance, the world’s largest cryptocurrency exchange, demanding $79.5bn in damages for alleged economic losses and an additional $2bn in unpaid taxes, according to court documents seen by Reuters. Authorities blame Binance for naira devaluation The…

Netherlands To Return 119 Benin Bronzes To Nigeria

THE Netherlands has agreed to return 119 Benin Bronzes to Nigeria, becoming the latest European nation to repatriate looted African artefacts. This move follows an agreement between the Dutch education minister and the National Commission for Museums and Monuments, according…

OP-ED: Africa Needs a System Upgrade For Integration

ASK any traveller about moving across Africa, and you will likely hear about high costs, indirect routes, and unpredictable schedules. These challenges expose the urgent need for deeper economic integration and seamless connectivity across the continent. AfCFTA: a game-changer for…

AfCFTA Trade Gains Momentum As 48 Nations Ratify Deal

THE African Continental Free Trade Area (AfCFTA) is gaining momentum, with 48 nations officially ratifying the agreement, paving the way for deeper economic integration across the continent. According to AfCFTA Secretary-General Wamkele Mene, trade among 19 African nations under the framework is…

Kenya Under Fire For Hosting Sudan Rebel Event

KENYA has come under intense criticism from Sudan and domestic political figures for hosting an event by Sudan’s paramilitary Rapid Support Forces (RSF), who are preparing to declare a parallel government. The move has been condemned as ‘criminally irresponsible’ and a violation…

Kenyan MP Charged With Forging Academic Certificates

KENYAN Member of Parliament George Koimburi has been charged with forging academic certificates, the Office of the Public Prosecutor confirmed on Wednesday. The lawmaker, who represents Juja constituency on the outskirts of Nairobi, faces six counts related to document forgery.…

EFCC Rejects Nigeria’s Low Global Corruption Ranking

NIGERIA’S Economic and Financial Crimes Commission (EFCC) has criticised the latest Corruption Perceptions Index (CPI) by Transparency International, which ranked Nigeria 140th out of 180 countries. The anti-graft agency insists the report does not reflect the country’s progress in tackling corruption. EFCC…