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Year: 2026

Afreximbank Reports Strong 2025 Performance as Assets Rise to $48.5 Billion

By George Ozalla The African Export-Import Bank, Afreximbank, has reported a strong financial performance for the year ended 31 December 2025, with its total assets and contingencies rising to US$48.5 billion, reflecting steady expansion across its operations and sustained investor confidence in its mandate.The figures, contained in a press release issued from Cairo on 9 […]

APC Dismisses Danladi’s Self-Declaration as National Chairperson, Affirms Existing Leadership

By Ndudirim Silvia Iloka Nigeria’s ruling All Progressives Congress (APC) has dismissed the claim by Alhaja Hafsatu Danladi declaring herself the National Chairperson of the party, describing the development as baseless and inconsistent with its constitutional provisions.Danladi had, in a press statement released on Wednesday, announced herself as the authentic leader of the party and […]

Afreximbank Approves US$10bn Gulf Crisis Response Programme to Shield African, Caribbean Economies

By George Ozalla The African Export-Import Bank has approved a 10 billion US dollars Gulf Crisis Response Programme to help African and Caribbean economies absorb the shock of the escalating conflict in the Middle East.The approval was taken by the bank’s Board of Directors following concerns that the crisis could further strain trade routes, energy […]

Tinubu approves N3.3 trillion plan to clear power sector debts, boost electricity supply

By George Ozalla President Bola Tinubu has approved a N3.3 trillion payment plan to settle outstanding debts in the power sector under the Presidential Power Sector Financial Reforms Programme, in a move aimed at restoring liquidity, stability, and confidence across Nigeria’s electricity value chain. The announcement was made in a State House press release signed […]

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