First Independent Mena Newspaper
Nigeria, Africa’s largest economy, is seeking the exclusive BRICS membership to enhance its global economic influence that would also allow it to loosen its ties with the West, according to experts. According to Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, the West African country hopes to join the influential economic alliance within two years, stressing […]
The international community must not neglect the climate emergency in Africa’s deserts amid the Israel-Hamas conflict and Russia’s war in Ukraine — this was the key message by African delegates attending the recent United Nations Convention to Combat Desertification (UNCCD) in Uzbekistan. African delegates said that conflicts around the world, such as Russia’s invasion of […]
The European Union has committed 24.4 million Euros to fight against the illicit trafficking in small arms and light weapons (SALW) and strengthen cross-border cooperation in West Africa, as announced during a recent roundtable on this pressing issue held in Abuja, Nigeria. Held under the theme of “Mapping the Landscape of SALW Proliferation in Nigeria: […]
Nigeria’s Supreme Court Thursday (26 October) confirmed President Bola Tinubu as the winner of February’s presidential election, rejecting an opposition’s appeal that challenged a prior verdict — and ending months of legal battles over the presidential race. The seven-member court dismissed the opposition’s appeal that cited flaws in the voting system, fraud and electoral law […]
Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]
Kenyan and Nigerian currencies have both hit all-time lows in the past few days, worsening the economic situation in the two heavily indebted African countries plagued by high inflation and ongoing dollar shortages. Kenyan currency hit all-time low of 150 shillings to the US dollar on Monday (23 October), while the Nigerian naira has faced […]
Lagos State Governor on Wednesday (18 October) initiated the commencement of an ambitious $100 million Lagos Film City project, which aspires to transform the landscape of Nigeria’s entertainment industry. Presiding over the groundbreaking ceremony for the Film City, Governor Babajide Sanwo-Olu said the proposed project would amplify the voices of the country’s diverse communities and […]
Some 130 leaders from Africa and other world’s regions have gathered in China for a two-day meeting organized by the Chinese government that marks the 10th anniversary of its Belt and Road Initiative (BRI). The summit that kicked off on Tuesday (17 October) is the third BRI Forum for international cooperation. Launched a decade ago, […]
Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]
French troops will begin withdrawing from Niger “this week”, Paris announced on Thursday (5 October), while Nigeria’s top diplomat has said that a military intervention by the West African regional bloc ECOWAS was “still on the table”. “We will begin our disengagement operation this week, in good order, safely and in coordination with the Nigerians,” […]