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Trump reaches out to Liberia as 2 African countries join UN Security Council
Ziggy Ojiegbe The United Nations Security Council has begun its new working cycle with the induction of five non-permanent members, a development that has placed Liberia in rare diplomatic focus under the administration of United States President Donald Trump. The…
New tax law: Analysts warn tougher enforcement could deepen economic strain
Frank Okon Nigeria’s sweeping overhaul of its tax system is drawing growing criticism from analysts who warn that imposing more stringent tax laws in a fragile economy could worsen business attrition, fuel inflation, and delay economic recovery. While President Bola…
US expands $15,000 visa bond requirement to more African countries
Ziggy Ojiegbe The United States has expanded the list of countries whose citizens must pay visa bonds of up to $15,000, further tightening entry requirements for visitors and immigrants, including those from Africa. According to a briefing by US Secretary…
BlueCore buys out Helios, Sojitz Corporation to own Axxela
Sopuruchi Onwuka Helios Investment Partners has completed the sale of its 75% stake in Axxela, the Nigerian natural gas distribution infrastructure company, to BlueCore, marking a full exit by its existing shareholders. As part of the transaction, Sojitz Corporation, the…
A woman dies from cervical cancer every 2 minutes, UN warns
Frank Okon A woman dies from cervical cancer every two minutes, according to the United Nations, highlighting the deadly toll of a disease that is largely preventable and curable with timely care. Jeanette was 31 when she was diagnosed. The…
Flutterwave acquires Mono in rare African fintech buyout
Ziggy Ojiegbe Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two of the continent’s…
Nigeria among beneficiaries of $2bn US humanitarian aid
Ziggy Ojiegbe Nigeria is among 17 crisis-affected countries eligible to access a new $2 billion humanitarian funding package agreed between the United States and the United Nations, aimed at saving lives amid rising global humanitarian needs. The funding will support…
Iranian uprising adds to building pressure on oil prices
Rising tensions across several key oil-producing countries risk overturning the market’s current complacency and triggering a sharp rebound in oil prices, particularly as sanctions continue to constrain Russian exports. Crude prices fell sharply in 2025 as oversupply fears dominated sentiment,…
Nigeria Leads Sub-Saharan Africa’s LNG Boom
Sopuruchi Onwuka Sub-Saharan Africa’s liquefied natural gas (LNG) supply is set for rapid expansion over the next decade, with total output forecast to rise by 172% from 35.7 billion cubic metres (bcm) in 2024 to about 98 bcm by 2034,…
Trump demands oil firms to invest more to recover Venezuelan assets
Ziggy Ojiegbe U.S. oil companies that lost assets to Venezuela’s nationalizations decades ago may get help recovering them — but only if they agree to reinvest heavily in the country’s battered oil industry. Officials in the Trump administration have told…
