Month April 2025

Oando Confirms 3 Attack on its Pipelines in Bayelsa

  NIGERIA’s gas export has dipped following three sabotage attacks on a major pipeline in Bayelsa which feeds the Nigeria Liquid Natural Gas (NLNG) export terminal in Bonny, Rivers. The Ogboinbiri-Obiobi 24-inch Gas Pipeline between Angiama and Angiamagbene in Southern…

New Afreximbank Centre Powers Trade

IN a bold step to reshape Africa’s trade and investment landscape, the African Export-Import Bank (Afreximbank) has officially opened its first African Trade Centre (AATC) in Abuja, Nigeria. The centre is envisioned as a transformative hub to accelerate intra-African commerce, investment, and innovation…

Gold Rockets to Record in Crisis Rush

GOLD prices soared to a fresh record on Friday, crossing the $3,200 mark as fears of a global recession deepened and the US-China trade war escalated. The spike was fuelled by a weaker dollar and growing investor demand for safe-haven assets.…

AU Boots Israel Envoy at Genocide Event

TENSIONS between Israel and the African Union (AU) flared this week after Israel’s ambassador to Ethiopia, Avraham Nigusse, was removed from a high-profile AU event commemorating the 1994 Rwanda genocide. Israel has condemned the ejection as politically motivated and unjustified. According to The Associated…

Côte d’Ivoire Threatens Cocoa Price Hike

COTE d’Ivoire has warned that it may raise cocoa prices in retaliation if steep new US tariffs announced by President Donald Trump are enforced. The move could increase global cocoa costs and impact American consumers. The US administration last week imposed 21…

Treason Charge Rocks Tanzania’s Opposition

TANZANIAN opposition figure Tundu Lissu, long known for surviving an assassination attempt and enduring multiple arrests, now faces the most serious charge of his political career: treason. The charge, which carries the death penalty, follows his party’s escalating demands for electoral…

Reps Seek Customs Support on Act Amendment

  THE House of Representatives Committee on Customs and Excise has sought the support of customs officers for the ongoing amendment of the Nigeria Customs Act 2023. Chairman of the Committee, Mr Leke Abejide, confirmed this on Thursday during an…