By Obas Esiedesa, Abuja The Nigerian Content Development and Monitoring Board (NCDMB) yesterday disclosed that 132 Nigerian companies have accessed N574.8 billion, comprising N51.785 billion and $359.653 million, from intervention funds established to boost indigenous participation in the oil and gas industry. The funds include the $350 million Nigerian Content …

The rebel movement M23 has announced its exit from the strategically important city of Uvira in eastern DRC. This reportedly comes at the request of American mediators in the conflict between the M23 and the armed forces of the DR Congo.

Un « directoire » censé permettre de coordonner l’action des miliciens pro-Kinshasa engagés face aux rebelles du M23 a été mis sur pied mi-décembre, mais cet effort de structuration pourrait bien se heurter à la réalité du terrain.

By Ediri Ejoh There are indications that the Federal Government indebtedness to the power sector would hit N6.4 trillion by the end of 2025 from the current N6 trillion earlier reported in October, indicating an increase of 6.25 per cent. This came as investigation revealed that the debts which included …

Des informations relayées sur les réseaux sociaux affirment que le Cameroun a été suspendu de l’organisation continentale pour non‑paiement de ses contributions. Jeune Afrique a vérifié.

President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while also repeating his claim of having ended "eight wars" in ten months.

By Babajide Komolafe United Bank for Africa (UBA) Plc, has announced a $100 million financing partnership scheme with CIG Motors, Lagride and Lagos State Government, aimed at redefining urban mobility and promoting financial inclusion in Nigeria.  By the partnership, tagged “Drive to Own”, UBA will be the key financier, offering …

By Folarin Kehinde, Abuja Nigeria’s local fish production has increased to 1.4 million metric tonnes from 1.1 million metric tonnes this year, signalling renewed momentum in the Federal Government’s drive to boost domestic output, cut imports and strengthen food security. Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this …

By Godwin Oritse The Nigeria Customs Service (NCS) has imposed a three per cent penalty on Designated Banks that fail to remit collected revenue within the stipulated timelines, following the discovery of lapses in remittances processed on its B’odogwu platform. The Service said reconciliation of transactions revealed delays by some …

By Godwin Oritse The management of Lekki Deep Seaport has disclosed that the port now operate at close to 50 per cent of its trade capacity, with steady month-on-month growth in container throughput since September, 2025. This is just as a recentlt released data from Nigeria’s “Trade by Top 10 …