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Sri Lanka’s Debt Restructuring Plan Reduces Funding, Liquidity Risk  Sri Lanka’s proposed government debt restructuring plan reduces funding and liquidity risk for non-bank financial institutions (NBFIs), Fitch Ratings said in a statement on Friday. Fitch said that Sri Lankan government’s debt restructuring plan avoided direct impact on the local-currency government debt holdings of NBFIs and […]

Climate Crisis: WHO Says 60m People will Face Food Problems in Africa Director-General of World Health Organisation (WHO),  Tedros Ghebreyesus, has expressed concern over imminent food insecurity in the Horn of Africa due to climate crisis. Ghebreyesus said this during online news conference, saying that climate crisis is a major factor determining human health outcomes. […]

UK Labour Productivity, House Price Slump Britain’s output per hour worked declined 1.4% quarter on quarter in the first quarter, compared with a 0.4% increase in the previous quarter, the Office for National Statistics said Friday. The United Kingdom economy has faced challenges from market disruption, inflation pressure has impacted spending patterns generally. However, its […]

Kenya pins Hope on Millet Production to Boost Food Security Kenya is to hasten the transformation of millet value chains as part of ongoing efforts to boost food and nutrition security in the drylands. Mithika Linturi, cabinet secretary for the Ministry of Agriculture and Livestock Development, said that reviving millet farming has been prioritised by […]

World Bank approves $1bn to improve security in Lake Chad Region The World Bank has provided one billion dollars to strengthen resilience and improve the livelihood of the people in the countries affected by the insurgency in the Lake Chad. The bank’s Country Manager for Chad, Mr Rasit Pertesv, made this known on Thursday during […]

FBNH Rises to N682bn on ‘Special Stock Bet’ Who is ramping up FBN Holdings shares? On Thursday, FBN Holdings Plc (Ticker: FBNH) saw a spike in its market value, surging above N682 billion amidst large, unusual volume traded by its shareholders. Data from the Nigerian Exchange showed that there was a significant increase in demand […]

Naira Depreciates Over Fresh FX Demand Pressures The imbalance between foreign currency demand and supply in the official market dragged the Nigerian naira backward from consolidating on its previous day’s gain ahead of Nigeria’s Eurobond payment next week. The Nigerian local currency recorded a weight loss at the investors’ and exporters’ fx window on Thursday […]

As Electricity and Fuel become so expensive that even AEDC offices now run on Solar, Nigerians are daily embracing the Solar Technology as a surest alternative. To get an efficient Solar system with 25years warranty and “Pay Small Small” for up to Six Months; while you save at least half of your current power cost, […]

By Chidiebere Okorafor Esq* INTRODUCTION The Nigerian governments (federal and states) have demonstrated their determination to make tax a formidable source of revenue in Nigeria lately. We have seen and continue to see robust amendments of the Nigerian tax laws for all species of tax.  Value Added Tax (VAT) seems to have received the largest […]

Are you interested in gaining a comprehensive understanding of the legal landscape surrounding the African Continental Free Trade Area Agreement (AfCFTA)? Look no further! We present to you the highly informative and insightful book: “Report on the Review of Nigerian Laws Relevant to the Implementation of the AfCFTA and its Protocol on Trade in Goods.” […]

In this recently published work, renowned legal scholar Professor Muhammed Tawfiq Ladan introduces a comprehensive and essential resource that delves into the intricate world of African economic integration. The book, titled “Introduction to African Economic Integration Laws on Trade, Investment, Competition, Intellectual Property Rights, and Dispute Settlement: Implementation Framework in Nigeria,” offers a profound analysis […]

Revered legal giant, Afe Babalola, is 60 years at the Bar and will be celebrating the feat with a book launch and lecture on 10 July. The nonagenarian and founder of Afe Babalola University, Ado-Ekiti (ABUAD), Ekiti State, was called to the Bar of England and Wales on 9 July 1963. He “has trained over […]