The International Monetary Fund (IMF) has raised fresh concerns over Nigeria’s deepening cost-of-living crisis, warning that soaring transport expenses are significantly driving food inflation and worsening economic hardship across the country.Speaking during a media briefing at the IMF/World Bank Spring Meetings in Washington, the Director of the IMF’s African Department, Abebe Selassie…
Africa’s richest industrialist, Aliko Dangote, has unveiled plans to sell a 10 per cent stake in the massive Dangote Petroleum Refinery and Petrochemicals FZE through a landmark Pan-African Initial Public Offering (IPO) scheduled for 2026.Dangote disclosed the development at an event organised by the Atlantic Council in Washington, D.C., noting that the share sale is aimed at attracting…
Developing countries are set to gain a stronger voice in global debt discussions following the launch of a new borrower-led initiative unveiled on Wednesday during the 2026 IMF-World Bank Spring Meetings in Washington, D.C.The new mechanism, known as the Borrowers’ Platform, is designed to bridge long-standing gaps in the international financial system by allowing debtor nations to share…
A new analysis by the World Health Organisation (WHO) and Gavi, the Vaccine Alliance, has revealed that measles vaccinations have averted nearly 20 million deaths in Africa since the year 2000, marking one of the most significant public health achievements on the continent.The report shows that over 500 million children have been protected through routine immunisation programmes across Africa over…
Nigeria has reaffirmed its commitment to supporting peace and stability in Sudan, while also strengthening diplomatic and bilateral relations between both countries.The Permanent Secretary of the Ministry of Foreign Affairs, Amb. Dunoma Ahmed, made this known in Abuja during a meeting with the Ambassador of Sudan to Nigeria, Amb. Mohamed Abdelaal. The engagement was disclosed in a statement issued…
President Bola Tinubu has directed key economic officials to urgently develop strategies to mitigate the impact of the ongoing Middle East crisis on Nigerians, particularly in light of rising fuel prices and economic pressure.The directive was issued on Friday during a civic reception held in Yenagoa, where the president also inaugurated several development projects executed by Douye Diri.
The Presidency has officially launched the “RenewHER Save Our Mothers” campaign, a new initiative aimed at improving maternal health outcomes and reducing preventable deaths among women across Nigeria.Speaking at the inauguration in Abuja, Adanna Steinacker, Senior Special Assistant to President Bola Tinubu on Women’s Health, said the programme would focus on bridging critical gaps in…
The Presidency has officially launched the ‘RenewHER Save Our Mothers’ campaign, a nationwide initiative aimed at improving maternal health outcomes and reducing preventable deaths among women during childbirth.Speaking at the inauguration in Abuja on Wednesday, Adanna Steinacker, Senior Special Assistant to Bola Tinubu on Women’s Health, said the campaign would focus on strengthening…
The UN Women has raised serious concerns over the worsening humanitarian situation facing women and girls the recent military escalation in the Middle East.In a statement issued on Friday, the agency echoed the position of António Guterres, who welcomed the announcement of a two-week ceasefire between the United States and Iran. However, UN Women expressed deep alarm over continued violence…
President Bola Tinubu has ordered key economic officials to develop urgent measures aimed at reducing the impact of the ongoing Middle East crisis on Nigerians.The directive was given on Friday during a civic reception held in Yenagoa, Bayelsa State, following the inauguration of several major projects executed by Governor Douye Diri. The instruction was conveyed in a statement issued by…