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EFCC Probes Sanwo-Olu Over $13m Linked to Lagos Contractors

By Momodu Favour   The Economic and Financial Crimes Commission (EFCC) has reportedly launched an investigation into Babajide Sanwo-Olu over an alleged $13 million linked to Lagos State contractors and traced to businesswoman Aisha Achimugu. Sources familiar with the development told PREMIUM TIMES that the probe followed discoveries that part of the funds forfeited to […]

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Trump Appoints Zuckerberg, others to Science, Technology Council

  • March 26, 2026
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  The White House announced Wednesday that President Donald Trump had called on several high-profile science and technology executives to serve on a new panel, and the members include Meta CEO, Mark Zuckerberg, Nvidia CEO Jensen Huang, and others.   The announcement shared that the members were the first to be part of Trump’s Council […]

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Chinese, Americans Accused of Conspiring to Smuggle AI Tech to China

  • March 26, 2026
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The FBI has charged a Chinese national and two Americans with conspiracy to commit smuggling and export control violations on Wednesday.   The three defendants, Stanley Yi Zheng, Matthew Kelly and Tommy Shad English, were accused of seeking millions of dollars’ worth of export-controlled computer chips from a California-based company to be shipped to China […]

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Ghana, Colombia Strike Direct Shipping Deal on New Atlantic Trade Corridor

  • March 26, 2026
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Ghana and Colombia have agreed to establish a direct maritime shipping link between the Port of Tema and the Port of Cartagena, as both countries seek to expand trade between Africa and Latin America and reduce reliance on traditional transatlantic routes. The agreement, reached in Bogotá and announced by Ghana’s foreign minister, Samuel Okudzeto Ablakwa, […]

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Kenya Running Low on Fuel Supply, Blossoming into Total Crisis 

  • March 26, 2026
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Kenya’s independent fuel retailers are reporting shortages at hundreds of outlets due to the ongoing war in Iran, with roughly 20% of stations affected, according to Martin Chomba, chairman of the Petroleum Outlets Association of Kenya (POAK).   The shortages follow the Energy and Petroleum Regulatory Authority’s (EPRA) decision to freeze pump prices despite rising […]

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Why Gold-backed Retirement Accounts are Gaining Popularity in 2026

  • March 26, 2026
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In today’s uncertain economic climate, investors are increasingly looking for ways to protect their wealth and secure their financial future. With inflation concerns, market volatility, and shifting global dynamics, traditional investment strategies are no longer enough for many individuals. This has led to a growing interest in alternative investment options, particularly gold-backed retirement accounts, which […]

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Algeria Clears $30 Million Hurdle for Australian Miner, Terramin to Advance $471 Million Zinc Project

  • March 26, 2026
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  Australia-listed Terramin has begun site preparation at its Tala Hamza zinc and lead project in Algeria, after authorities resolved land access constraints that had stalled progress for months.   The breakthrough followed a government-led process to acquire land and relocate nearby communities at an estimated cost of about $30 million, clearing a key obstacle […]

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South Africa Invests $1.9 Million to Boost Local EV Battery Supply

  • March 26, 2026
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  South Africa is making a strategic push into the electric vehicle (EV) battery production and supply chain, backing Toronto-listed Canadian company Giyani Metals with an additional R29.9-million (~$1.9-million).   The funds, from the State-owned Industrial Development Corporation (IDC), aim to advance Giyani Metals’ high-purity manganese sulphate monohydrate (HPMSM) demonstration plant in Johannesburg. HPMSM is […]