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Spring Meeting: US Seeks to Reform IMF, World Bank Operations  The United States Treasury Secretary, Scott Bessent, revealed on Wednesday that the Trump administration would pursue a significant overhaul of the International Monetary Fund and World Bank as it seeks a “sustainable international economic system” that better serves the United States and other countries…Read More

FG Plans to Raise N1.2tn from Bond Market in Q2 The Federal Government plans to raise between N900bn and N1.2tn from the domestic bond market in the second quarter of 2025, a sharp drop from the N1.8tn targeted in the first quarter of the year. This is according to the FGN Bond Issuance Calendar for […] The post FG Plans to Raise N1.2tn from Bond Market in Q2 appeared first on Economic Confidential…Read More

FG Tasks Oil Firms to Ramp Up Production The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export demands and boost revenue remittance to government coffers. The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the call in Abuja when he received the management […] The post FG Tasks Oil Firms to Ramp Up Production appeared first on Economic Confidential…Read More

Bags of Rice Worth N939m Seized in Q1, Says Customs The Nigeria Customs Service has said that with 159 cases involving 135,474 bags valued at N939m, rice remained the most prevalent commodity seized by the service in the first quarter of 2025. The Comptroller-General of Customs…Read More

Delta State Governor, Sheriff Oborevwori, made headlines on Wednesday as he officially left the Peoples Democratic Party (PDP) and joined the All Progressives Congress (APC). His defection is the latest example of sitting governors switching political parties, a trend that has occurred multiple times in recent years.Oborevwori won the 2023 governorship election under the PDP … The post Sitting Governors Who Defected from One Political Party to Another appeared first on Business Elites Africa…Read More

At Priscilla Ojo and Juma Jux’s traditional wedding, it wasn’t just the bride and groom who brought the glamour. The ladies in green aso ebi delivered unforgettable style moments with corset bodices, soft drapes, and bold accessorising. The post Aso Ebi Perfection: Veekee James, Osas Ighodaro &amp…Read More

The Nigerian Army on Wednesday, April 16, appointed Lieutenant Colonel Appolonia Anaele as its first female spokesperson. Anaele was named the acting Director of Army Public Relations for the Nigerian Army. She is expected to officially take over the mantle of leadership from the current spokesperson…Read More

Nigeria’s Vice President, Kashim Shettima on Tuesday assured that the present administration under the leadership of President Bola Tinubu is building a nation where every worker would attain their full potential. The Vice President said this at the launch of the Labour Employment and Empowerment Programme at the Presidential Villa…Read More

US Secretary of State, Marco Rubio, has debunked a report claiming that the Donald Trump administration is planning to close American embassies in Africa. The New York Times had claimed that Trump might sign an executive order next week to cut down the operations of the State Department and US embassies in Africa. If the purported document is eventually signed, it would lead to layoffs of both diplomats and civil servants. But Rubio wrote on X on Sunday: “This is fake news. The New York Times falls victim to another hoax.” The NYT article claimed that there could be a…

Starting your trading journey with IUX begins with one simple step – your IUX trading account registration. For many first-time traders, choosing the right platform is only half the challenge. The other half lies in understanding how to get started, from registration and verification to funding your account…Read More