The Federal Government has wiped out about $1.42 billion in historical debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, in a move authorised by President Bola Tinubu after extensive record reconciliation. Nigeria has cancelled about $1.42 billion in historical debts owed by NNPC Ltd to the Federation Account after a…
A weak currency is rarely merely a financial annoyance in the economic reality of Africa. It frequently exacerbates suffering by increasing inflation, deepening poverty, discouraging investment, and impairing a state’s ability to withstand shocks. A weak currency significantly impacts inflation, poverty, investment, and economic stability in Africa. In 2025, several African currencies, including the South…
The United States has signed four new Global Health Cooperation Memorandums of Understanding (MOUs) with Ethiopia, Botswana, Sierra Leone and Madagascar, marking a major expansion of Washington’s health engagement in Africa under President Donald Trump’s America First Global Health Strategy. The United States has signed four new Global Health Cooperation MOUs with four more African…
