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Ethiopia has generated more than $8.7 billion in export revenue over the first 10 months of its current fiscal year, surpassing the government’s target and highlighting the impact of ongoing economic reforms. The East African country exceeded its $7.25 billion export target by 20%, according to the Ministry of Trade and Regional Integration. […]
Shell Plc’s payments to governments in countries where it operates upstream projects fell sharply in 2025, with Brazil overtaking Nigeria as the company’s largest state beneficiary. The London-based energy major said total payments to governments stood at $23.8 billion last year, representing a 15% decline from the previous year, Bloomberg reported. The […]
The United States has lifted an arms embargo imposed on Ethiopia during the Tigray war, marking a significant shift in Washington’s relationship with Addis Ababa amid growing tensions across the Horn of Africa. The decision was announced on Thursday, May 14, 2026, by the US State Department’s Directorate of Defence Trade Controls, which […]
Germany is turning to Madagascar in its search for critical minerals as Europe accelerates efforts to reduce dependence on China for materials used in electric vehicle batteries and clean energy technologies. Canadian mining company, NextSource Materials said German government geoscientists recently visited its Molo graphite mine in Madagascar as part of a wider […]
A massive fire has gutted a plastic factory in Anambra State, destroying goods and property worth millions of naira. The emergency incident, which caused widespread panic in the industrial zone, was reportedly triggered by welding activities being carried out on the premises. The sparks quickly ignited highly inflammable raw materials, causing the flames to spread […]
The Inspector-General of Police, IGP Olatunji Disu, has paid a high-level assessment visit to affected communities in the Oriire Local Government Area of Oyo State following the recent wave of violent terror attacks and mass school abductions in the region. During the visit, the police boss issued a directive for the immediate deployment of additional […]
The supremacy battle between the Minister of the Federal Capital Territory (FCT), Nyesom Wike, and Rivers State Governor Siminalayi Fubara has taken a dramatic turn following the conclusion of the All Progressives Congress (APC) primary elections for House of Representatives candidates in Rivers State. In a sweeping outcome that further consolidates the minister’s grip on […]
Chelsea Football Club has officially announced the appointment of former Liverpool and Real Madrid star Xabi Alonso as the new manager of the men’s first team on a four-year contract. The 44-year-old Spanish tactician will officially assume his duties at Stamford Bridge on July 1, 2026, ahead of the 2026/2027 pre-season. Alonso succeeds Liam Rosenior, […]
The Defence Headquarters (DHQ) has clarified that no foreign ground troops were involved in the tactical combat operation that led to the elimination of the global ISIS second-in-command, Abu-Bilal al-Minuki, in the Lake Chad Basin. While acknowledging the critical intelligence-sharing and surveillance partnership with United States forces, the military high command emphasized that the physical […]
Heartbreaking scenes of grief and despair unfolded in Oyo State as distraught mothers wept openly following the mass abduction of over 45 schoolchildren by heavily armed terrorists during a coordinated raid on local educational facilities. The incident, which has thrown the affected communities into profound trauma, saw agile gunmen breach the school premises, overpowering local […]
