The United States has officially invited Russian President Vladimir Putin to attend the G20 Leaders’ Summit in Miami in December, U.S. Secretary of State Marco Rubio has confirmed. Rubio announced the invitation on Wednesday, September 23, after meeting with Russian Foreign Minister Sergei Lavrov on the sidelines of the United Nations General Assembly in New…
President Bola Ahmed Tinubu has called on African countries to unite in protecting the continent’s vast mineral resources and move away from exporting raw materials without significant processing or value addition. Tinubu made the call in New York during the Third Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development, held on the…
Nigeria received $11.12 billion in personal transfers, including workers’ remittances, during the first half of 2026, according to an analysis of Central Bank of Nigeria (CBN) Balance of Payments data. The figure highlights the continued importance of money sent by Nigerians and other individuals from abroad to the country’s external finances and foreign exchange inflows….
The Economic and Financial Crimes Commission (EFCC) has constituted a special investigative team to examine financial transactions linked to the long-running Mambilla Hydroelectric Power Project and trace properties suspected to be connected to the transactions. The investigation follows a recent International Chamber of Commerce (ICC) arbitration ruling involving Nigeria and Sunrise Power and Transmission Company,…
France’s Scorpène submarine design already has an established presence in the Indian Navy, with six Kalvari-class submarines built in India under a technology-transfer partnership between France’s Naval Group and Mazagon Dock Shipbuilders Limited (MDL). The programme, known as Project 75, began with a 2005 agreement for six submarines to be constructed at MDL in Mumbai…
Wall Street expects the U.S. government could issue roughly $1 trillion in additional short-term debt as the Treasury Department grapples with rising borrowing costs and growing financing needs. The expected increase would largely come through Treasury bills, which mature in one year or less. Analysts say the Treasury has increasingly relied on short-term borrowing because…
The European Central Bank (ECB) has launched Pontes, a new platform designed to allow banks and financial market infrastructures to settle transactions involving tokenised assets using central bank money. The platform went live on September 21, marking the first step in the Eurosystem’s strategy to adapt central bank money to an increasingly tokenised financial system….
Nigeria’s Vice President, Kashim Shettima, has arrived in New York, United States, to represent President Bola Ahmed Tinubu and lead the country’s delegation to the 81st Session of the United Nations General Assembly (UNGA). Shettima arrived on Monday, September 21, alongside Rivers State Governor Siminalayi Fubara, Minister of State for Budget and Economic Planning Doris…
Nigerian doctor and health educator Chukwuma Okoro, popularly known as Aproko Doctor, has warned Nigerians against using untreated borehole water to rinse their mouths, saying contaminated water could expose people to bacteria associated with peptic ulcers. Okoro gave the warning in a video shared on X on Monday, urging people to pay closer attention to…
Saudi Arabia has officially unveiled its first locally designed and engineered vehicles, marking a major milestone in the Kingdom’s effort to establish a domestic automotive industry. Crown Prince and Prime Minister Mohammed bin Salman on September 21 launched the first vehicles from Ceer, Saudi Arabia’s national automotive company. The vehicles, called EXOBOT, are being introduced…
