By Kadiri Abdulrahman Nigeria has successfully priced 2.2 billion dollars in Eurobonds maturing in 2031 and 2034 in the international capital markets. This is according to a statement by the Debt Management Office (DMO) in Abuja on Monday. The DMO said that the two Eurobonds, with 6.5 years and ten years tenors, have 700 million […]
Joe Biden will use his visit to Angola on Tuesday, the first by a U.S. president to the sub-Saharan African country, to mark the two nations’ shared history in the transatlantic slave trade. Biden plans to speak at the National Museum of Slavery in Luanda, a site that includes the 17th Century chapel where enslaved […]
By Cecilia Ologunagba The UN Deputy Secretary-General, Amina Mohammed, has called on world leaders to act decisively to alleviate suffering and prevent the further devastation of the enclave, describing the situation in Gaza as “appalling and apocalyptic” Speaking at a ministerial conference on humanitarian aid for Gaza, convened in Cairo by Egyptian President Abdel […]
By Philip Yatai The Federal Capital Territory has successfully placed 61,384 people living with HIV/AIDS (PLHIV) on treatment. Dr Adedolapo Fasawe, Mandate Secretary, Health Services and Environment Secretariat, FCT Administration, stated this in Abuja on Monday, at a press conference to commemorate the 2024 World AIDS Day. Fasawe said that the day, with the theme, […]
By Kadiri Abdulrahman The Debt Management Office (DMO), has offered two Federal Government of Nigeria (FGN) savings bonds for subscription in December. The DMO said on Monday that the first offer was a two-year FGN savings bond due in Dec. 11, 2026, at interest rate of 17.483 per cent per annum. The second offer was […]
By Constance Athekame The West African Power Pool (WAPP), has called for collaborative efforts across ECOWAS member states to pool resources together to advance a competitive regional electricity market. Mrs Ndidi Mbah, the General Manager, Public Affairs, Transmission Company of Nigeria (TCN) said this in a statement in Abuja on Monday. Mbah said that Mr […]
By Salif Atojoko Amb. Bianca Odumegwu-Ojukwu, Minister of State, Foreign Affairs, on Monday expressed Nigeria’s commitment to expanding its strategic partnership with South Africa across diverse fields, particularly in infrastructure development and capacity building in the mining sector. The Minister said this at the opening of 11th session of the Nigeria-South Africa Bi-National Commission […]
A News Analysis by Emmanuel Yashim, News Agency of Nigeria (NAN) In the late hours of Tuesday, Nov. 26, 2024, Israel and the Lebanese armed group, Hezbollah, agreed to a ceasefire that was brokered by the United States and France. Under the ceasefire agreement, Israel will gradually withdraw its troops from Lebanon’s south over 60 […]
By Kadiri Abdulrahman Some small business operators and residents in the Federal Capital Territory (FCT), have decried the scarcity of Naira notes for various transactions. They spoke to the News Agency of Nigeria (NAN) on Sunday in Abuja. Over the past few days, bank customers had experienced difficulty trying to get cash from banks’ Automated […]
By Salif Atojoko President Bola Tinubu will leave France on Monday for Cape Town, South Africa, to co-chair the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) alongside President Cyril Ramaphosa. The BNC, scheduled for Dec. 3, will be preceded by a ministerial meeting on Dec. 2, at the South African Parliament Building […]