By George Ozalla The African Export-Import Bank (Afreximbank) has recorded a 24 per cent increase in net income to US$813.5 million for the nine months ended September 30, 2026, as its total assets and contingencies rose by 12 per cent to US$54.1 billion. The bank disclosed this in its financial results released in Cairo, Egypt, […]
Oyedele Cites 14.63% Inflation, $55bn Reserves, Projects 4.3% Growth
By NEWSCOUNT Desk Nigeria’s Minister of Finance, Taiwo Oyedele, has highlighted a decline in inflation to 14.63 per cent, an increase in external reserves to $55 billion and a projected economic growth rate of 4.3 per cent in 2026 as indicators of progress under the Federal Government’s economic reform programme. Oyedele presented the figures while […]
Customs to Host CGC Conference, C-PACT 2026 in Abuja
By George Ozalla The Nigeria Customs Service (NCS) will host two major conferences in Abuja in December to strengthen border security, improve trade facilitation and advance economic integration across Africa. The Comptroller-General of Customs (CGC) Conference is scheduled for December 7 and 8, 2026, while the Customs Partnership for African Cooperation in Trade (C-PACT) 2026 […]
Tinubu Blames Opposition for Hunger, Poverty in Nigeria
By George Ozalla President Bola Ahmed Tinubu has accused opposition politicians of creating the hunger and poverty they are now criticising his administration over, insisting that his government is working to address the economic difficulties facing Nigerians. Tinubu made the remarks on Saturday, October 24, 2026, during the All Progressives Congress (APC) presidential campaign flag-off […]
ICPC, China’s Xinhua Explore Media Partnership to Boost Anti-Corruption Campaign
By NEWSCOUNT Desk The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is exploring a media partnership with China’s Xinhua News Agency to strengthen public enlightenment, improve professional capacity and give Nigeria’s anti-corruption efforts wider international coverage. The proposal came up when the ICPC Chairman, Dr Musa Adamu Aliyu, SAN, received a delegation of […]
NDIC Announces Final Dividend Payment for Defunct Progress Bank
By George Ozalla The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to pay final liquidation dividends to depositors, creditors and shareholders of the defunct Progress Bank of Nigeria, following fresh recoveries from the bank’s outstanding debts and assets. In a notice published on October 19, 2026, the Corporation invited eligible beneficiaries to submit their […]
Reps Summon Telecom CEOs Over Poor Service Quality, Threaten Arrest
By NEWSCOUNT Desk The House of Representatives has directed chief executives of telecommunications companies operating in Nigeria to appear before it on October 28 to explain the persistent decline in the quality of telecommunications services across the country. The lawmakers warned that failure to honour the summons could attract arrest, signalling the House’s determination to […]
Virologists Urge Nigerians to Observe Hygiene Over Ebola Bundibugyo Strain
By NEWSCOUNT Desk Nigerian virologists have urged citizens to maintain good personal hygiene and take precautionary measures amid concerns over the Bundibugyo strain of the Ebola virus. They advised Nigerians to wash their hands regularly with soap and water, avoid contact with the blood and other bodily fluids of infected persons, and seek medical attention […]
Afreximbank, Partners Push for Stronger African Automotive Industry
By George Ozalla African Export-Import Bank (Afreximbank) and its partners have stepped up efforts to develop Africa’s automotive industry, with a focus on attracting investment, expanding local manufacturing, transferring technology and creating skilled jobs across the continent. The initiative was discussed at the two-day Africa Automotive Investment Forum held in El Alamein, Egypt, through a […]
Nigerian Red Cross Society FCT Branch Trains Volunteers to Mark International Day for Disaster Risk Reduction 2026
By George Ozalla The Nigerian Red Cross Society (NRCS), Federal Capital Territory (FCT) Branch, has trained volunteers in basic first aid and emergency preparedness as part of activities marking the 2026 International Day for Disaster Risk Reduction (IDDRR). The event, held on Saturday, October 24, 2026, brought together Red Cross volunteers and emergency management stakeholders […]
