Mauritania’s Sidi Ould Tah elected as new AfDB president
Sidi Ould Tah of Mauritania has emerged as the new President of the African Development Bank (AfDB), following a decisive election that concluded in just three rounds. Tah secured 76.18%…
Tinubu inaugurates new NNPCL board, appoints CEO
President Bola Ahmed Tinubu has inaugurated the newly reconstituted 11-member board of the Nigerian National Petroleum Company Limited (NNPCL), ushering in a fresh era of leadership at the nation’s foremost…
Market Turbulence: Stocks and Dollar Slide Amid U.S. Fiscal Worries
Global financial markets are experiencing notable volatility as investor apprehension grows over the United States’ fiscal health. The combination of a proposed tax-cut bill and escalating national debt has led…
CBN Keeps Interest Rate at 27.5% Amid Ongoing Inflation Worries
At its 300th Monetary Policy Committee (MPC) meeting on May 20, 2025, the Central Bank of Nigeria (CBN) chose to maintain the Monetary Policy Rate (MPR) at 27.5%. This decision…