Month February 2025

AfDB Proposes Currency Backed By Critical Minerals

IN an ambitious bid to transform Africa’s financial landscape, the African Development Bank (AfDB) has proposed a new, non-circulating currency system modelled on the historic gold standard. The proposed mechanism, known as the African Units of Account (AUA), would be…

UAE Strengthens Solar Energy Leadership

  THE UAE has increased its global leadership in solar energy through significant investments in renewable energy projects, hence advancing its sustainability and climate neutrality goals. These ambitious projects illustrate the UAE’s commitment to becoming climate neutral by 2050. The…

China Vows to Fight Back As US Escalates Trade War

CHINA has strongly opposed the new tariffs imposed by US President Donald Trump and has vowed to take action in response. The country’s Ministry of Commerce has announced plans to file a complaint with the World Trade Organization (WTO), calling…

Cholera: NOA Sensitises Bayelsa Residents to Curb Spread

THE National Orientation Agency (NOA) in Bayelsa, on Sunday, said it has commenced sensitisation to alert the residents of an outbreak of cholera in the state. The News Agency of Nigeria (NAN) reports that the statewide sensitisation followed confirmation of…

Again, Dangote Refinery Reduces Price Of Petrol To N890

Dangote Petroleum Refinery, on Saturday reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦950 to ₦890. Naija News reports that Dangote Refinery in a statement disclosed the price adjustment is in response to favourable developments…