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Africa faces economic risks from global tensions

Africa’s economic growth could be reduced by up to 0.2 percentage points in 2026 due to the ongoing conflict in the Middle East, driven by higher energy costs, trade disruptions, and tighter financial conditions, Afreximbank has said. The warning was contained in a statement obtained on Friday, in which the bank said African economies remain...
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Nigeria bans imports of cement, fertiliser & 15 other goods

The Federal Government has updated its import prohibition list, targeting cement, soaps, fertiliser, and 14 other categories of goods, bringing the total number of affected categories to 17. This was disclosed in a circular issued by the Federal Ministry of Finance and signed by the Minister of Finance and Coordinating Minister of the Economy, Wale...
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CBN introduces Nigerian Overnight Rate for money market

The Central Bank of Nigeria on Friday announced the introduction of the Nigerian Overnight Financing Rate as a new benchmark for the country’s money market, aimed at improving transparency and strengthening monetary policy transmission. This was contained in a press statement issued by the CBN’s Acting Director of Corporate Communications, Hakama Sidi-Ali. According to the...
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Obi, Kwankwaso Not Coming To Our Party

As the battle for the presidential election draws closer, the Labour Party (LP) has disowned the social media platforms, @LabourpartyNGR_ and LabourPartyNG, describing them as fraudulent and meant to hoodwink members of the public. The party in a statement issued by the Senior Special Adviser (Media) to the Interim National Chairman, Ken Asogwa, also disclaimed the...
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NNPP Appoints New Chairman As Ajuji Defects To ADC

On Sunday, the New Nigeria People’s Party (NNPP) announced the appointment of Bala Yunusa Mohammed as its new National Chairman, following the resignation of its former Chairman, Dr Ajuji Ahmed, who has joined the African Democratic Congress (ADC). The development was confirmed in a press statement issued in Abuja by the party’s National Publicity Secretary,...
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NPA, APMT Introduces Drug Testing For Truck Drivers At Port

Nigeria’s largest container terminal, APM Terminals Apapa, in collaboration with the Nigerian Ports Authority (NPA) has launched a drug and alcohol testing campaign targeting external truck drivers operating within the port. The campaign, conducted at the port entrance with the support of Port Police and Port Health Services (PHS) screened truck drivers using breathalyser tests....
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Nigeria Commits $500k to Regional Capacity Development

Nigeria has formalised a $500,000 contribution to the third phase of AFRITAC West 2, reinforcing its commitment to regional capacity development and policy strengthening across West Africa. AFRITAC West 2, or AFW2, is a regional technical assistance centre set up by the International Monetary Fund to support countries in West Africa with economic policy and...
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Babcock Varsity Hosts Global AI, Innovation Summit

Babcock University is set to convene a high-level gathering of global technology leaders, innovators, and policymakers at the AI & Babcock Innovation Venture (BIV) Commercialization Summit 2026. Scheduled for April 21–22, 2026, at the university’s BUTH 600-seater venue in Ilishan-Remo, the two-day summit aims to accelerate venture creation and deepen the adoption of artificial intelligence...
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I Won’t Shrink For Approval’

Nollywood actress Debbie Shokoya has taken to her Instagram page to call out an unidentified person. Speaking about respect and self-worth in the entertainment business, the mother of one pointed out that pride and realizing one’s worth are quite different. READ ALSO: She declared that she has already fulfilled her obligations in the field and...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...