Month April 2025

Navy Uncovers 8 illegal Bunkering Sites in Ondo

  THE Nigerian Navy has uncovered eight illegal bunkering sites at Obe-Akinboye sea-side community in Ilaje Local Government Area of Ondo State. Capt. Aliyu Usman, the Commanding Officer, Forward Operating Base (FOB), Igbokoda disclosed this to newsmen on Tuesday in…

NIMASA Seeks Investment in Blue Economy

THE Nigerian Maritime Administration and Safety Agency (NIMASA) has urged individuals and corporate investors to explore emerging opportunities within Nigeria’s Blue Economy, especially in the maritime sector. NIMASA’s Director General, Dr Dayo Mobereola, made the call in a statement on…

New SA Envoy Under Fire Over Trump Remarks

SOUTH  Africa’s newly appointed special envoy to the United States, Mcebisi Jonas, is facing renewed scrutiny over remarks he made in 2020 criticising President Donald Trump. Jonas, a former deputy finance minister, was officially named to the role by President Cyril Ramaphosa…

Mali Closes Barrick Gold Office in Tax Row

AUTHORITIES in Mali have shut down the local headquarters of Canadian mining giant Barrick Gold in the capital, Bamako, amid allegations of tax non-compliance. Two sources familiar with the matter told Reuters on Tuesday that the closure was triggered by what officials claim is…

Op-Ed: Why Ghana Must Refine Lithium Now

THE Natural Resource Governance Institute (NRGI), in a  recent report, has  warned that Ghana’s plan to refine lithium domestically could cost the country up to $500 million in lost revenue. But this analysis, while financially cautious, falls short of capturing the bigger…

Nigeria Woos UK Investors in London Push

NIGERIA has intensified efforts to deepen trade and investment ties with the United Kingdom, following a series of high-level engagements in London led by Dr Jumoke Oduwole, the Minister of Industry, Trade, and Investment. Her visit coincided with the Commonwealth…

Nigeria Waives Tariffs on 90% of Goods

NIGERIA has officially endorsed a major trade policy shift by signing the ECOWAS schedule of tariff offers, committing to eliminate duties on 90 percent of goods traded within Africa. The agreement falls under the African Continental Free Trade Area (AfCFTA) and aims to open…

Ghana Gets $370m in IMF Loan Deal

GHANA and the IMF have reached a staff-level agreement on the fourth review of the country’s $3bn loan programme, setting the stage for a fresh $370 million disbursement once it gains approval from the Fund’s Executive Board. The agreement, confirmed in…

World Urges Action As Sudan Crisis Deepens

GLOBAL diplomats and aid officials gathered in London on Tuesday to address the catastrophic humanitarian crisis unfolding in Sudan, two years into a brutal civil war that has killed tens of thousands and forced more than 14 million people from their homes.…