Tinubu recieves Senegalese president, seeks collaboration against terrorism, human trafficking

President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal and called for an alignment of purpose and structure in West Africa to effectively address the challenges confronting the region. Speaking during a meeting with the Senegalese President at the State House, President Tinubu said West Africa must work together to defeat the […]

Emirates records $5.1b profit, to pay five-month salary as staff bonus | The Guardian Nigeria News

The Emirates Group will award eligible employees a five-month (20-week) salary as a bonus after the company announced a significant profit of AED 18.7 billion ($5.1 billion). This marks an impressive 71 per cent surge from the previous year’s AED 10.9 billion ($3.0 billion). The group’s workforce rose by 10 per cent to 112,406 – […]

Africa: New Revenue Streams – Using Africa’s Vast Renewable Energy and Natural Resources for Premium Carbon Credits

Voluntary carbon market could reach $10-$40 billion by 2030, and create up to 190 million jobs in Africa by 2050 if carbon price per tonne reaches $80 African countries could leverage their vast renewable energy resources, tropical forests, peatlands, and marine ecosystems to export premium carbon credits, providing a new revenue stream, according to the […]

Nigeria’s Inflation Surges in April for the 16th Consecutive Month

Nigeria’s inflation continued its upward trend last month, rising for the 16th straight month. When compared to April 2023’s recorded rate of 22.22%, Nigeria’s headline inflation rate in 2024 rose a whopping 11.47% points. However, the headline inflation rate declined by 0.73% on a month-on-month basis. Where the headline inflation rate for April was 2.29%, the […]