Regional News
Armed attack on Chad’s presidential complex leaves 19 dead | Africanews
In a violent confrontation in Chad, at least 19 people have died after security forces intervened to stop armed fighters from attacking the presidential complex in N’Djamena. The government reported that 18 of the 24 attackers were killed during the failed raid on the president’s office on Wednesday evening, with one security officer also losing his life in the battle. The country’s foreign minister reassured the public that soldiers were protecting the president and that the situation was under control.
Borno attack: Many soldiers missing as death toll rises – Daily Trust
Four days after Boko Haram terrorists overran a military base in Damboa Local Government Area of Borno State, many soldiers are still unaccounted for, credible security sources have revealed. Fighters, in their large numbers, carried out the attack around 4pm on Saturday at the Forward Operating Base, Sabon Gari area.
Many killed as gunmen attack Katsina villages – Daily Trust
Gunmen reportedly killed many persons in attacks on members of the Katsina State Community Watch Corps and residents from various villages on Tuesday. Details of the attack emerged yesterday. Witnesses told BBC that the victims were from Charanci, Safana, Kurfi and Kaita local government areas of Katsina State.
Doubts emerge over deadly incident at Chad’s presidential palace | Africanews
The Chadian government reported that 19 people were killed, including a presidential guard, in an attack on the presidential palace late Wednesday. However, conflicting accounts have raised suspicions about the nature of the incident, with some testimonies suggesting it may have been a tragic blunder rather than an orchestrated assault. Government spokesperson Abderaman Koulamallah, in a televised statement, said the attackers arrived in one or two vehicles and were likely under the influence of drugs and alcohol.
Elite Military Forces Kill 29 Terrorists Sighted in Burkina Faso Forest – HumAngle
Burkina Faso’s elite military forces killed 29 terrorists on Jan. 1 during a raid on their enclaves in the Solenzo area of the country. After launching Operation Zero Terrorists, a military-grade operation to flush out terrorists in the Solenzo forests, the Defense and Security Forces (FDS) collaborated with the Volunteers for the Defense of the Homeland to take the fight to the terror camps.
Tinubu demands investigation into killing of six soldiers in Borno
President Bola Tinubu has asked the Nigerian military to investigate the recent killing of six soldiers by terrorists in Borno State. PREMIUM TIMES reported that the attack occurred on 4 January in Sabon Gida, Damboa Local Government Area of Borno State. The Nigerian leader, in a statement, signed by his spokesperson, Bayo Onanuga, also sympathised with the military and the families of the deceased soldiers, saying their service “will forever be honoured and remembered.”
Gunmen abduct two Catholic nuns
Gunmen have abducted two Catholic nuns in Anambra State, South-east Nigeria. The incident happened on Tuesday evening along Ufuma Road in Orumba North Local Government Area of the state. The police spokesperson in Anambra State, Tochukwu Ikenga, disclosed this in a statement on Wednesday.Mr Ikenga, a superintendent of police, said the nuns were abducted while returning from a vocational service meeting in Ogboji Area of the state.
11 Killed, 31 Houses Burnt as ethnic crisis breaks out in Jigawa – Daily Trust
At least 11 people lost their lives and 31 huts were burnt to ashes in Gululu village, Jahun and Miga local government areas of Jigawa State. Suleiman Abubakar Jahun, a Fulani elder who lost five children, recounted the horrific incident. “I was at home when people informed me of a fight between Hausa and Fulani communities. Upon arriving at the scene, I witnessed rampant killings, which were senseless and devastating.”
Borno attack: We eliminated 34 terrorists but lost 6 soldiers – Military – Daily Trust
The military high command, on Wednesday, provided an insight into what transpired between terrorists and personnel attached to Forward Operating Base, Sabon Gari Area in Damboa Local Government Area of Borno State. The military in Maiduguri and Abuja and the Borno State government have not said anything on the incident yet.
Establish brigade to liberate 2 LGAs from B/Haram control, Borno Speaker urges FG – Daily Trust
The Speaker, Borno State House of Assembly, Abdulkarim Lawan, has called on the federal government to establish a military brigade to liberate Guzamala and Kukawa LGAs from the control of Boko Haram insurgents. A military brigade is a major tactical unit in the army that is made up of several battalions and supporting elements, which has between 3,000 and 5,000 troops.
IED explosion kills 2 in Abuja – Yerwa Express News
The Police Command in the FCT has confirmed the death of two people from an explosion that rocked Tsangayar Sani Uthman Islamiyya School in Byazhin area of Abuja. The Police Public Relations Officer in the FCT, SP Josephine Adeh said this in a statement on Monday in Abuja.
Nigeria to UN: Probe Boko Haram’s funding, training – Daily Trust
Nigeria has called on the United Nations to investigate the funding and training of the Boko Haram terrorists. The Chief of Defence Staff (CDS), General Christopher Musa, made the call in a recent interview he had with Al-Jazeera. Musa said there was international flow of funding for the terrorists, stressing the need for the UN to come in to trace and track it.
Rescuing the Lake Chad: A call to urgent action on an existential problem (III) – Daily Trust
The corridors of governments in Africa are littered with the fragments of abandoned policies and the debris of aborted projects. Existential projects like water transfers do not readily find acceptance either because they seem too costly or are inherently long-term in nature, thus, liable to be derailed or de-funded at the whims of succeeding governments or international partners.
NFF appoints Éric Chelle as Super Eagles head coach – Daily Trust
The Nigeria Football Federation (NFF) Executive Committee has approved the appointment of Éric Sékou Chelle as the new Head Coach of Nigeria’s senior men’s national football team, the Super Eagles. The decision followed the recommendation of the NFF’s Technical and Development Sub-Committee during its meeting held in Abuja on January 2, 2025.
FG pays protesting retired military officers’ allowances – Daily Trust
Following several hours of protest by the retired military personnel at the entrance to the Ministry of Finance in Abuja, the federal government has commenced immediate payment of their long-overdue allowances, Daily Trust reports. Our correspondent, who covered the demonstration, reports that the retirees barricaded the entrance to the ministry with canopies and chairs as early as 7 am, preventing staff members from driving into the premises, and forced many to park their vehicles outside.
NAHCON begins preparation for 2025 hajj – Daily Trust
The National Hajj Commission of Nigeria (NAHCON) says a delegation of the commission led by its Chairman, Prof. Abdullahi Saleh Usman, has embarked on a working visit to the Kingdom of Saudi Arabia in preparation for the 2025 Hajj. A statement by NAHCON’s Assistant Director, Information and Publications, Fatima Sanda Usara, said the visit, which commenced on January 7, 2025, is at the invitation of the Saudi Ministry of Hajj and Umrah (MoHU).
‘How Obasanjo, Fani-Kayode stopped Gadaffi from breaking Nigeria’s law on arms’ – Daily Trust
Reno Omokri, Special Assistant to former President Goodluck Jonathan, has recounted how the late Libyan leader, Muammar Gaddafi, was prevented from bringing large amount of ammunition into the country during a visit. The former presidential aide was reacting to an alleged breach of protocol by the Burkinabe President, Captain Ibrahim Traoré, when he met newly sworn in Ghanaian President, John Mahama.
Abuja school bombing, case of national, international interest — Police – Daily Trust
The Nigeria Police Force Tuesday said the Monday’s explosion at Tsangagyar Sani Uthman Islamiyya School, Kuchibuyi, Bwari Area Council, Abuja, was a case of national and international interest. It also that the incident, which led to the death of two persons, was an “unusual” and isolated case
Mali’s Military Captures Key IS Leaders in the Sahel Region – HumAngle
Mali’s military has announced the successful capture of two high-profile figures linked to the Islamic State (IS) group in the Sahel, marking a significant victory in its fight against terrorism. The suspected Jihadists, Mahamad Ould Erkehile, known as Abu Rakia, and Abu Hash, a key IS leader in the region, were apprehended during recent operations in northern Mali.
NCoS boss: All fleeing inmates will be recaptured soon – Daily Trust
The acting Controller General of Corrections (Ag. CGC), Sylvester Ndidi Nwakuche, has assured that all fleeing inmates from the Suleja Medium Security Custodial Centre, Niger State, will soon be recaptured. He said this while speaking with journalists after a tour of the medium custodial centres in Kuje and Suleja on Tuesday.
18 killed in machete attacks in Imo communities – Daily Trust
No fewer than 18 people have been killed in coordinated attacks across several communities in the Orsu Local Government Area of Imo State on Sunday. The killings occurred in Umukabia, Eziawa, Ihitte Nasa, Umuhu, Amaoku and Amaebe. Victims were left with deep machete wounds, sparking fear and outrage among locals.
The federal government has approved a retirement package that includes $20,000 for foreign medical treatment, bulletproof SUVs, and cooks, among other benefits, for service chiefs and generals. The package is contained in the Harmonised Terms and Conditions of Service (HTACOS) signed by President Bola Ahmed Tinubu.
573,519 jostle for 3,927 customs jobs – Daily Trust
The Nigeria Customs Service (NSC) has said that it received 573,519 applications in the just-concluded 2024/2025 recruitment exercise, barely a week after the portal was opened. The NCS’s National Public Relations Officer, Abdullahi Maiwada, while providing an update yesterday after the expiration of the deadline, said a total of 573,519 applicants applied for the 3,927 vacant positions.
IG orders clampdown on killers of policemen in Borno
The Inspector-General of Police, Kayode Egbetokun, has ordered an immediate clampdown on those responsible for the explosion at Nganzai Divisional Police Headquarters in Borno State, which claimed the lives of two police officers. The attack, which occurred on January 9, 2025, at around 12:10 a.m., resulted in the deaths of Inspector Bartholomew Kalawa and Corporal Mustapha Huzaifat.
Hunter fighting Boko Haram injured in IED blast in Borno – Yerwa Express News
A renowned hunter, Ali Gwoza, known for his bravery in combating terrorism in the North East, has been injured in an explosion. The incident occurred in Damboa Local Government Area of Borno State, where Ali Gwoza was attempting to diffuse a bomb planted by Boko Haram terrorists along the main road.
2025 budget: Flood, erosion control projects to gulp N6 billion – Daily Trust
The federal government has allocated the sum of N6 billion in the 2025 budget for erosion and flood control projects as some of the new projects to be executed by the Federal Ministry of Environment under its Economic Recovery Growth Plan (ERGP).
Nigeria screens air travellers as HMPV spreads to more countries – Daily Trust
The federal government has strengthened surveillance at major international airports in Nigeria to guide against the outbreak of Human Metapneumovirus (HMPV) recently discovered in China. Daily Trust learnt yesterday that the Minister of Health, Muhammad Ali Pate, had directed port health officers to begin to check arriving passengers for any symptom of the virus.
Child trafficking: Police intercept man with 59 children in Abuja – Yerwa Express News
The Police Command in the Federal Capital Territory, FCT, said it has intercepted a suspect in connection with alleged trafficking of 59 male children in Abuja. The Commissioner of Police in charge of the FCT, Olatunji Disu said this during a media briefing on Wednesday in Abuja.
Nigerian soldiers kill notorious terrorist in Zamfara – Official
The troops of 1 Brigade, Sector 2 Joint Task Force North West, Operation Fansan Yamma, have killed a notorious terrorist, Sani Russu, in Zamfara. The troops also succeeded in various operations against terrorists in the state and recovered arms. This is contained in a statement in Gusau on Monday by the Coordinator, Joint Media Coordination Centre Operation Fansan Yamma, Abubakar Abdullahi.
Attack on presidency work of ‘disorganised’, ‘intoxicated’ group: Chad
A foiled attack on Chad’s presidential compound overnight was carried out by a disorganised band of intoxicated men wielding knives and machetes who were easily neutralised by security forces, a government spokesperson has said. Bursts of gunfire rang out near the president’s office in the capital N’Djamena on Wednesday night as the military blocked surrounding streets. The government said later it had foiled an attempt to destabilise the country and the situation was under control.
Peace and Security
Insecurity: FG rules out foreign mercenaries – Daily Trust
The federal government has declared that Nigeria does not need foreign mercenaries to address the insecurity in the country. The Minister of Foreign Affairs, Yusuf Tuggar, stated this in at the State House, Abuja, yesterday during a joint press briefing between him and his Chinese counterpart, Wang Yi, who was on an official visit to Nigeria.
‘We are ready,’ Defence Chief says Nigerian military not afraid of ICC investigation
Nigeria’s Chief of Defence Staff (CDS), Christopher Musa, said the country’s military is open to investigations for alleged war crimes committed by counterterrorism soldiers deployed to conflict zones, especially in the North-east. The military chief disclosed this in a recent interview with Al Jazeera when asked to comment on a lawsuit filed by Amnesty International at the International Criminal Court (ICC) in The Hague, accusing the military of war crimes such as attacks on civilians, extrajudicial executions, torture, rape, and enforced disappearances in the insurgency-torn North-east.
Can ECOWAS survive the Sahel split? (Africanews Debates) | Africanews
In a riveting debate held yesterday, leading experts clashed over the critical question: “Can ECOWAS Survive the Sahel Split?” The discussion, which aired live, brought together a panel of distinguished voices to examine the future of West Africa’s regional bloc amid deepening divisions. What unfolded was a fiery exchange, with Obe standing her ground against the two male panelists. While Kotin and Aigbe focused on regional security and practical political solutions, Obe stressed the need for ECOWAS to recommit to its legal and institutional principles.
Allegation of plotting with Nigeria to destabilise Niger groundless – France – Daily Trust
France on Wednesday described as “groundless” the allegation by Niger that Nigeria had offered space in its territory to France in order to destabilise the former French colony. Mr Bertrand de Seissan, Political Counsellor to the Embassy of France in Nigeria, expressed this thought in an interview with the News Agency of Nigeria (NAN) in Abuja.
Still awaiting thanks for stopping Islamists in Sahel, Macron says | Reuters
France’s President Emmanuel Macron said on Monday he was still waiting for Africa’s Sahel states to thank Paris for stopping them falling into the hands of militants and he dismissed suggestions his country had been forced out of the region.
At least 15 Nigeria federal lawmakers have moved against Mozambique opposition leaders, superintended by Venâncio Mondlane, over the carnage in the country. It will be recalled that, following the controversial October 9, 2024 elections, which were contested over allegations of fraud, Mondlane and his lieutenants have championed civil disobedience which culminated into the deaths of 100 people.
Chad investigates foiled attempt to storm presidential compound | Reuters
A foiled attack on Chad’s presidential compound overnight was carried out by a group of two dozen armed “ill-intentioned individuals” who were neutralised by security forces, the public prosecutor said on Thursday, though details of the incident remained unclear.
Foreign policy and the path to peace in a dangerous neighbourhood – Daily Trust
Nigeria’s foreign policy to promote peace and prosperity is a constitutional obligation as much as it is a considered and sensible manifesto pledge, writes Hon Yusuf Tuggar, Minister of Foreign Affairs. I was born in a civil war and was not able to vote for my leader until I was in my 30s. Nigeria is now a country guided by the rule of law and a constitution that clearly defines our system of government.
Breaking 7 Months Peace Deal, Terrorists Abduct 50 Locals, Set Zamfara Community Ablaze – HumAngle
Terrorists on Monday, Jan. 6, set the Gana district ablaze in the Bukuyum Local Government Area of Zamfara, North West Nigeria. The locals had signed a peace deal with the armed group seven months ago, paying millions as protection levy. Suddenly, the criminal gang invaded the village and launched a deadly midnight onslaught, abducting about 50 civilians, mostly old men, women and children. The terrorists moved the abductees to their den located in the Gando forest.
After 23 Years, NAF Returns Grounded Aircraft to Service – PRNigeria News
In a phenomenal display of engineering ingenuity, aircraft engineers and technicians of the Nigerian Air Force (NAF) have accomplished the remarkable feat of reactivating a Dornier DO-228 aircraft, which had been grounded for 23 years. This achievement underscores NAF’s growing capacity for indigenous maintenance to bolster its operational readiness, whilst contributing to Nigeria’s inherent aviation capabilities.
The Arewa Youth Federation (AYF) has said some Nigerian politicians are exploiting the political crisis in Niger Republic to undermine President Bola Ahmed Tinubu’s government. In a statement issued by AYF President, Adamu Kabir Matazu, the group claimed that these politicians are leveraging disinformation and ethnic sentiments to create divisions and sow discontent in Northern Nigeria.
Insecurity: China offers 1bn yuan grant to Africa – Daily Trust
The Peoples Republic of China has promised to provide one billion Yuan in military grant to Africa to enable the continent tackle its security challenges. This was disclosed by the Chinese Minister of Foreign Affairs, Wang Yi, during a joint press conference with his Nigerian counterpart, Ambassador Yusuf Tuggar, at the Presidential Villa, Abuja on Thursday.
Algeria and Mali clash over security approach amid diplomatic strains | Africanews
Tensions are escalating between Algeria and Mali over allegations of interference by Algiers in Mali’s internal affairs. The rift was sparked by comments from Algeria’s Foreign Minister, Ahmed Attaf, opposing Mali’s plans to reclassify certain northern separatist groups, including signatories of the 2015 Algiers Agreement, as terrorist organizations. Attaf emphasized that these groups should remain key interlocutors in peace negotiations and insisted that “a military solution is not the answer.”
Chad and Senegal rebuke Macron’s remarks on military agreements | Africanews
Chad and Senegal have sharply criticized French President Emmanuel Macron’s comments about the withdrawal of French troops from Africa, where he accused some African leaders of “ingratitude” and claimed their sovereignty depended on French military presence. Senegal’s Prime Minister, Ousmane Sonko, dismissed Macron’s claim that troop withdrawals involved negotiations, calling it “completely erroneous.” He asserted Senegal’s decision was made independently as a sovereign nation and accused France of destabilizing African countries, citing Libya as an example.
Who were the winners and losers of African democracy in 2024?
In a historic year for democracy – with elections taking place in more than 50 countries around the world in 2024, bringing more than 1.5 billion people to the polls – the African continent was no exception. With 18 elections taking place, including Senegal’s in March, South Africa’s in May, Algeria’s and Tunisia’s in September and October respectively, and Ghana’s in December, some regions, particularly in West Africa, saw significant progress through democracy, while others still face significant challenges.
Fake Video: Mahdi Shehu granted N3m bail – Daily Trust
A Kaduna state high Court has granted an activist, Mahdi Shehu, bail of N3 million and two sureties in the like sum. The court held that the sureties must be renowned clerics. Recall that on January 2, 2025, the Chief Magistrates’ Court (CMC 1) on Ibrahim Taiwo Road, Kaduna, ordered the detention of Shehu in prison for making a social media post that allegedly threatened national security.
The problem with General Musa’s Al Jazeera interview – Daily Trust
On Sunday, January 5, 2025, the Chief of Defence Staff, General Christopher Musa, made a spirited appearance on Talk to Al Jazeera, the hard-hitting interview programme on the Doha-based station. Ostensibly, he was there to speak about human rights abuses and corruption in the Nigerian military in relation to the 15-year standoff with Boko Haram.
Humanitarian
NIGERIA DAILY: The Struggles of Nigerian Families With Food Insecurity – Daily Trust
Food insecurity has become a harsh reality for millions of Nigerians, with families struggling to afford basic meals due to rising food prices and low wages. Food insecurity has become a harsh reality for millions of Nigerians, with families struggling to afford basic meals due to rising food prices and low wages.
NNPC Foundation conducts 1,000 cataract surgeries – Daily Trust
The Nigeria National Petroleum Company (NNPC) Foundation has performed free cataract screening and extraction surgeries on 1,000 patients drawn from six states in the South West. The Managing Director of NNPC Foundation, Barr Emmanuella Arukwe, flagged the exercise off, on Wednesday, at the Federal Medical Centre, Idi-Aba, Abeokuta, Ogun State.
Boko Haram: Zulum donates N300m to slain soldiers’ families – Daily Trust
Governor Babagana Umara Zulum of Borno State has announced the donation of N300 million to support the families of soldiers who lost their lives in the ongoing battle against Boko Haram insurgents. Zulum made the announcement in Njemena, Chad Republic, where he attended the 2025 MNJT Operation Desert Sanity 2 Medal Parade, on Wednesday.
Viral video: Teacher suspended over assault of 3-year-old – Daily Trust
Stella Nwadigo, the teacher who was captured in a viral video maltreating Michael Abayomi, her three-year-old pupil, has been suspended by her employer, Christ Mitots School in the Ikorodu suburb of Lagos. On Wednesday, a video of the teacher hitting the toddler in her class went viral. “It is like this. Write. Write six for me. Write. Six. Six. Like this, six like this. Like this. Now your one. Six. One. Sixty-one. Write,” she said at intervals while also hitting him.
ECOWAS: We donated $200,000, relief materials to Bauchi flood victims – Daily Trust
No fewer than 1000 households affected by the 2024 flood disaster in Bauchi State received food and non-food items as well as cash of the sum N75 000 each from the Economic Community of West African States (ECOWAS) The programme valued at $200,000 under ECOWAS Flood Response Project in partnership with the Ministry of Foreign Affairs, Ministry of Humanitarian Affairs and Poverty Reduction, and the Nigerian Red Cross Society, held on Wednesday in Bauchi state.
Mobilization and economic development
Nigeria, China deepen ties with pledge on security, finance and economic growth | Reuters
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria’s issuance of Panda bonds to fund infrastructure, the two countries’ foreign ministers said on Thursday. Nigerian Foreign Minister Yusuf Tuggar and his Chinese counterpart Wang Yi also outlined efforts to address regional security challenges.
FG to spend N44bn on Abuja-Kaduna, Lagos-Ibadan railway, others – Daily Trust
The federal government made a provision of N44.4bn for the completion of the Abuja-Kaduna Railway project, Lagos-Ibadan and its associated additional works, among others.
This is contained in the 2025 Appropriation Bill presented to the National Assembly recently by President Bola Tinubu.
Nigeria set to receive direct shipment from China – Daily Trust
Barring any last minute change in plans, Nigeria is expected to now receive direct cargo shipment from China. The arrangement was announced on Tuesday in Lagos by Grimaldi Group, one of the world’s leading shipping firms. he direct shipping service is expected to connect Shanghai, China, to Lagos, Nigeria. he direct shipping service is expected to connect Shanghai, China, to Lagos, Nigeria.
A group of concerned Nigerian citizens has called on the Nigerian National Petroleum Company Limited (NNPCL) to prioritise crude oil supply to local refineries, including the Dangote Refinery, over foreign partners. At a press conference on Tuesday in Abuja, the group expressed concern over reports that the NNPCL plans to cut down on crude oil supply to the Dangote Refinery from 300,000 barrels per day.
IMTOs inflows hit $3.8bn in 9 months on CBN reforms – Daily Trust
The Central Bank of Nigeria’s (CBN) latest quarterly statistical bulletin has revealed a significant 63.7% increase in international money transfer operator (IMTO) inflows for the first nine months of 2024. Inflows rose from $2.33 billion during the same period in 2023 to $3.82 billion in 2024. This growth has been largely attributed to a series of targeted reforms introduced under the leadership of Governor Olayemi Cardoso, who assumed office in September 2023.
78m job opportunities to exist by 2030 — WEF – Daily Trust
The World Economic Forum has said that job disruption will equate to 22 per cent of jobs by 2030, with 170 million new roles set to be created and 92 million displaced, resulting in a net increase of 78 million jobs. The Forum in its latest report said technological advancements, demographic shifts, geoeconomic tensions and economic pressures are the key drivers of these changes, reshaping industries and professions worldwide.
Nigeria’s FX reserves surge by $591.78m 1 month after Eurobond auction – Daily Trust
Nigeria’s foreign exchange (FX) reserves have recorded an increase of $591.78 million in the month following the government’s $2.2 billion Eurobond auction on December 2, 2024. The reserves rose from $40.292 billion on December 2 to $40.884 billion on January 3, 2025, reflecting a month-on-month growth of 1.47%.
Tinubu’s 15% inflation target not realistic – Rewane, Adedipe – Daily Trust
Economic experts and analysts on Wednesday described President Bola Ahmed Tinubu’s promise to reduce inflation to 15 per cent in 2025 as an ambitious and aspirational goal but not a realistic one. This was the view of the Chief Executive Officer, Financial Derivatives, Bismark Rewane and the founder and Chief Consultant, B. Adedipe Associates (BAA), Dr Biodun Adedipe.
First Bank predicts steady economic growth for Nigeria in 2025 – Yerwa Express News
First Bank of Nigeria Ltd. has forecast that the nation will experience steady economic growth in 2025. The bank says this is owing to the bold economic reforms implemented in 2024, including the removal of fuel subsidies. Olusegun Alebiosu, CEO, FirstBank Group, stated this in his opening remark at the 2025 Nigeria Economic Outlook organised by the bank on Wednesday in Lagos.
NGX: Market loses N152bn as Tier-one stocks pull indices down – Yerwa Express News
The domestic bourse on Tuesday broke its winning streak with a loss of N152 billion, following investors’ sell-offs of Tier-one banking stocks. Notably, losses in Zenith Bank, United Bank for Africa, UBA, Access Corporation, Oando Plc, Dangote Sugar, Nigerian Breweries, alongside other declined equities dragged the market down.
Tinubu calls for increased currency swap between China, Nigeria – Daily Trust
President Bola Tinubu on Thursday urged the Chinese government to increase the two billion dollar currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the 50 billion dollar aid package for Africa, which China’s President Xi Jinping announced last year.
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