Author: Ogochukwu Ndubuisi

Stop ‌‍⁠‌‍⁠⁠‌⁠‌‌‌‌⁠ ‌‌Exporting Africa’s Mineral Wealth, Shettima Tells African Leaders Vice-President Kashim Shettima has urged African countries to stop exporting Africa’s mineral wealth and turn it into jobs and industrial growth. Shettima also said Africa must strengthen cooperation, process more of its minerals locally and build industries around resources increasingly critical to the global economy. He spoke at the Third High-Level Roundtable of the Africa Minerals Strategy Group (AMSG), held on the sidelines of the 81st UN General Assembly in New York. The roundtable, themed “From Resources to Wealth: Continental Cooperation for Mineral Value Addition,” brought together governments, investors and…

European banks’ withdrawal from Africa over the past decade is accelerating the rise of pan-African

The Gates Foundation says a coalition of 60 organisations has launched a five-year initiative

Getting a customer to visit a website once is one challenge. Giving them a reason to return regularly is another.

The South African rand was relatively stable versus crosses on Monday as the US dollar

The Central Bank of Nigeria (CBN) is scheduled to auction N500 billion worth of Treasury bills

Italy Plans Face-Veil Ban in Schools and Limit Foreign Students in Classrooms Italy is preparing to ban face coverings in schools and introduce a cap on the number of foreign students per class, Prime Minister Giorgia Meloni has announced. Speaking on Sunday at an annual gathering of the youth wing of her Brothers of Italy party, Meloni said a measure will soon be presented to Cabinet that bans burqas and niqabs in schools and legally sets a maximum number of foreign students per classroom. The proposal will also require parents of foreign students struggling to integrate to learn Italian. Meloni…

Maritime expert, Capt. Iheanacho Ebubeogu, says the Federal Government (FG) has secured

PIA: Market Forces Determines Fuel Prices – NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says fuel pump prices are determined by market forces and not fixed by the regulator under the Petroleum Industry Act (PIA) 2021. The NMDPRA management made this known in a statement on Saturday, in response to concerns over the recent increase in pump prices of petrol. It acknowledged the financial difficulties faced by Nigerians following the rise in fuel prices, noting that the situation is putting pressure on households, transport workers and businesses. NMDPRA said Section 205(1) of the PIA provided that wholesale…

Equities Investors Gain N2.27trn, Market Cap Hits N162trn Equities investors gained N2.265 trillion on the Nigerian Exchange (NGX), with the All-Share Index climbing by 142 basis points at Friday’s close. Market capitalisation rose by N2.265 trillion, or 1.42 per cent, to N162.157 trillion, up from N159.892 trillion on Thursday. Similarly, the All-Share Index (ASI) climbed by 3,489.18 points or 1.42 per cent to reach 249,804.56 as against 246,315.38 earlier recorded. The positive trend was driven by strong buying interest in medium- and large-capitalised stocks, like Cileasing, Fortis Global Insurance, MTN Nigeria, Secure Electronic Technology, Mutual Benefits and 31 others. While…