Nigeria and the United Kingdom have signed three Memoranda of Understanding to strengthen migration governance, border security, and business mobility, marking a significant step in bilateral relations during President Bola Ahmed Tinubu’s visit to the UK. Nigeria and the UK have signed three MoUs covering migration, border security, and business visas. The agreements aim to…
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A Canadian diamond miner has uncovered a rare 36.92-carat blue diamond in Botswana, highlighting the enduring value of high-quality stones even as the industry shifts focus toward copper and critical minerals amid weakening demand for natural diamonds. Lucara Diamond Corp discovered a rare 36.92-carat blue diamond in Botswana, emphasizing the value of high-quality stones. The…
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Nigeria’s leading anti-corruption agency has returned nearly $2.6 million in recovered funds to the Nigerian National Petroleum Company (NNPC) Limited, in a move that underscores renewed efforts to tackle financial misconduct within the country’s oil sector. Nigeria’s anti-graft agency has returned $2.6 million in recovered funds to NNPC. The EFCC says the money was recovered…
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The Chinese Embassy in Zimbabwe has issued a fresh warning to its nationals and companies operating in Zimbabwe following new government measures restricting the export of raw minerals, including lithium concentrates. The Chinese Embassy in Zimbabwe has warned its nationals and companies about new restrictions on exporting raw minerals, including lithium concentrates. Chinese investors are…
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African nations are expected to borrow $155 billion in long-term commercial debt in 2026, a 10% increase from 2025, according to S&P Global Ratings. African nations are anticipated to borrow $155 billion in long-term commercial debt in 2026, marking a 10% rise from 2025. This increased borrowing aims to refinance maturing debt and manage expanding…
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Italy’s Eni has discovered more than 1 trillion cubic feet of gas offshore Libya, strengthening Europe’s push to secure alternative energy supplies closer to home. Eni has discovered over 1 trillion cubic feet of gas offshore Libya. The fields can be quickly developed using existing infrastructure. Output will supply Libya and boost exports to Italy.…
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