Category: International
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NAIRA CLOSES WEEK BULLISH, GAINS N11.08 TO DOLLAR ON OFFICIAL MARKET
Steady recovery driven by CBN reforms signals renewed confidence in local currency. The Naira ended the week at N1,487.89 to the Dollar, appreciating by 0.7% from Thursday’s rate. After opening Monday bullish with a N4.03 gain, it saw slight dips midweek but maintained an overall upward trend. Analysts praise CBN’s measures and MPC forecasts for…
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NGX ALL-SHARE INDEX RISES 0.92%, INVESTORS GAIN N822 BILLION FOR THE WEEK
Positive market momentum with steady gains despite mixed sector performances. The Nigerian Exchange (NGX) All-Share Index closed the week up 0.92% at 141,845.35, boosting market capitalization to N89.744 trillion. Investors gained N822 billion overall, led by strong activity in Financial Services, ICT, and Services industries. Top gainers included Guinness Nigeria and Multiverse Mining, while Omatek…
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EUROPEAN COMMISSION MOVES TO BAN RUSSIAN LNG IMPORTS BY EARLY 2027
EU ramps up pressure on Russia by cutting fossil fuel revenues amid ongoing conflict. The European Commission plans to advance the ban on Russian liquefied natural gas imports to early 2027 as part of its 19th sanctions package. President Ursula von der Leyen highlighted efforts to diversify energy sources and reduce dependence on Russian fossil…
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BREXIT BOOSTS UK-NIGERIA TIES, NIGERIA TOP BENEFICIARY SAYS UK HIGH COMMISSIONER
Post-Brexit policies fuel Nigerian diaspora growth and stronger trade links with the UK. British High Commissioner Richard Montgomery revealed Nigeria as a top Brexit beneficiary, with Nigerians in the UK nearly doubling from 300,000 in 2021 to 550,000 in 2025 thanks to relaxed visa rules. Brexit has also allowed the UK to realign trade deals…
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UK-NIGERIA TRADE HITS RECORD £7.9 BILLION WITH ENHANCED PARTNERSHIP
New trade pact boosts collaboration in tech, finance, agriculture, and education for mutual growth. British High Commissioner Richard Montgomery announced UK-Nigeria trade has surged to £7.9 billion ($16 trillion Naira), driven by the Enhanced Trade and Investment Partnership (ETIP). The deal removes barriers and targets sectors like fintech, AI, agriculture, and higher education to create…
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NAN JOURNALIST USMAN ALIYU SELECTED FOR DATAPHYTE BIODIVERSITY REPORTING FELLOWSHIP
Boosting data-driven environmental storytelling to highlight Nigeria’s biodiversity challenges.Usman Aliyu of NAN is among 10 journalists chosen for Dataphyte’s fellowship to enhance reporting on biodiversity beyond usual climate change coverage. Supported by Earth Journalism Network, the program aims to deepen public understanding and influence sustainable environmental policies through evidence-based narratives.
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TIKTOK PUSHES ONLINE SAFETY FOR WOMEN IN MEDIA WITH TFGBV PARTNERSHIP
TikTok leads the charge to protect women journalists from tech-enabled gender violence in Sub-Saharan Africa. TikTok, through its Women in Media Safety Roundtables in partnership with CABC, is tackling Tech-Facilitated Gender-Based Violence (TFGBV) targeting women in media. Focusing on local experiences and data-driven solutions, TikTok aims to build safer, inclusive digital spaces. Government and civil…
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UN WARNS DARFUR CRISIS NEARS CATASTROPHE AMID WAR AND DISPLACEMENT
Millions face hunger and collapse of essential services as Sudan’s brutal conflict worsens. The UN raises alarm over Sudan’s civil war fueling mass displacement, destroyed infrastructure, and a looming hunger crisis with nearly 12 million displaced and essential aid suspended. Humanitarians warn of urgent need for support as violence continues. Diplomatic efforts led by the…
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MALALA FUND REACHES 26 MILLION STUDENTS, BOOSTS GIRLS’ EDUCATION GLOBALLY
Major strides in education, gender equity, and policy reforms, with Nigeria among key focus countries. The Malala Fund’s 2024-2025 report reveals it reached over 26 million students with $66.4 million invested in programs across six countries including Nigeria. Highlights include gender-responsive budgeting boosting girls’ education in Kano, new education policies in Adamawa, and global efforts…
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NIGERIA CAN LEARN FROM LATIN AMERICA TO BALANCE U.S. AND CHINA RIVALRY
Navigating superpower competition demands strategic diplomacy, transparency, and strong institutions. As U.S.-China tensions rise, Nigeria faces a test like Latin America’s Brazil, Mexico, and Argentina—balancing relations to benefit both without losing sovereignty. Experts emphasize Nigeria must pursue disciplined borrowing, demand local benefits in foreign projects, diversify exports beyond raw commodities, and strengthen institutions. Transparency and…
