By Ayomide Otitoju The annual customer-facing session, themed “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth,” is designed to set the tone for the year by examining prevailing economic realities and equipping customers with insights to navigate Nigeria’s evolving economic environment. According to the bank, the 2026 edition will review Nigeria’s economic…
By Ayomide Otitoju The private sector arm of the Islamic Development Bank (IsDB) Group has extended a USD 20 million medium-term Islamic finance facility to Applied Plastic Industries Company (API), Jordan’s leading manufacturer of non-woven fabrics. The facility will fund capital expenditures for advanced Spunlace equipment, enabling API to establish a new production line and…
By Ayomide Otitoju The Federal Government has announced plans to deepen Nigeria’s participation in the African Continental Free Trade Area (AfCFTA) in 2026 by working with state governors to identify at least one exportable product from each of the country’s 774 local government areas. The initiative, outlined in the “Nigeria’s AfCFTA Achievements Report 2025” released…
Dozens of people were killed and more than 100 injured early Thursday when a fire tore through a crowded bar in the luxury ski resort town of Crans-Montana as young revelers celebrated the New Year. Eyewitnesses described scenes of “panic” as patrons tried to break windows to escape, while others, suffering burns, fled into the…
Italy said Thursday that the United States has eased plans to impose hefty anti-dumping duties on several Italian pasta brands. The Trump administration had initially proposed provisional tariffs of more than 91 percent on Italian pasta exports from January 1, adding to the existing 15 percent duty. The move followed a US Commerce Department investigation…
The announcement was made by Michael Nicholls, Vice President of Starlink Engineering, in a post on X. Starlink, currently the world’s largest satellite constellation, provides broadband internet services across multiple regions, including parts of Africa. In Nigeria, it ranks as the second-largest internet service provider with 66,523 customers as of Q2 2025, according to the…
Mexican authorities have arrested Pedro Inzunza Noriega, an alleged leader of the Sinaloa cartel wanted by the United States, on charges of drug trafficking and terrorism, government sources confirmed Wednesday. In May, the US accused Noriega of trafficking large quantities of fentanyl, cocaine, and heroin into the country as the second-in-command of the Beltran Leyva…
By Ayomide Otitoju The National Judicial Council (NJC) has disowned a report circulating on social and conventional media claiming that 34 lawyers failed an integrity test and were dropped from consideration for appointment as judges of the Federal High Court. In a statement issued by its Secretary, Ahmed Gambo Saleh, the NJC described the report…
By Ayomide Otitoju No fewer than six people have been killed in a road accident at the NASFAT Junction along the Lagos–Ibadan Expressway, while two others sustained injuries. The Ogun State Sector Command of the Federal Road Safety Corps (FRSC) confirmed the incident in a statement issued in Abeokuta by the sector’s Public Relations Officer,…
