Gold remains one of the most reliable financial assets for central banks, providing security against currency volatility and global economic uncertainty. In Africa, central banks are increasingly leveraging gold as a strategic monetary asset to stabilize their economies and strengthen investor confidence. According to updated data from the World Gold Council (WGC), here are the…
Former Nigerian President Olusegun Obasanjo has strongly criticized Africa’s political leadership, stating that many African leaders lack the basic economic knowledge necessary for driving sustainable development on the continent. Speaking at the 32nd Afreximbank Annual Meetings (AAM2025) held on Thursday in Abuja, Obasanjo linked the continent’s underdevelopment, rampant corruption, and dependence on foreign aid to…
Abuja, Nigeria – The Nigeria Police Force has announced the successful rescue of 46 trafficked victims and the arrest of seven suspects involved in a cross-border human trafficking and cybercrime network operating between Ghana and Nigeria. According to a statement released on Thursday by Force Public Relations Officer, ACP Muyiwa Adejobi, the operation was carried…
Nairobi, Kenya – At least 16 people have been confirmed dead and thousands of businesses destroyed following widespread anti-government protests across Kenya on Wednesday, according to Amnesty International. The demonstrations, which began as peaceful anniversary marches marking one year since Kenya’s last major anti-tax protests, spiraled into violent chaos, particularly in Nairobi, the nation’s capital….
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has highlighted the remarkable journey of the bank, describing it as a powerful story of resilience, innovation, and economic transformation across the African continent. Speaking at the opening ceremony of the 2025 Afreximbank Annual Meetings (AAM) in Abuja, Nigeria, Prof. Oramah stated that the…
Egypt Tops the List as Nigeria Climbs to 31st Globally According to the latest data published by Global Firepower (GFP), Nigeria ranked third in Africa and 31st in the world in the 2025 Global Military Strength Index. The annual index evaluates the military capabilities of 145 countries based on over 60 critical factors, including manpower…
In a major development for regional leadership in West Africa, President Bola Ahmed Tinubu has officially handed over the ECOWAS Chairmanship to President Julius Maada Bio of Sierra Leone. The transition took place during the 67th Ordinary Session of the ECOWAS Authority of Heads of State and Government, held on Sunday in Abuja, Nigeria. President…
President Bola Ahmed Tinubu has officially concluded his tenure as Chairman of the ECOWAS Authority of Heads of State and Government, calling on West African leaders to stay united, vigilant, and committed to inclusive development and democratic governance. The announcement came during the 67th Ordinary Session of ECOWAS, held at the Bola Ahmed Tinubu International…
