Richard Adeolu Adejumobi

UN Chief, guterres hints on Africa’s Resource Exploitation

United Nations Secretary-General António Guterres has called for a fundamental shift in how Africa’s natural resources are managed and monetised, warning against continued patterns of extraction that leave the continent with environmental damage while economic value is captured elsewhere. In remarks that have gained significant attention across policy and development circles, Guterres argued that Africa […]

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FCCPC Applauds Lagos Electricity Reforms, Intensifies Push Against Estimated Billing

The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed recent reforms by the Lagos State Electricity Regulatory Commission (LASERC) aimed at tackling estimated electricity billing and improving consumer protection within the power sector. In a statement released on Tuesday, the Commission praised LASERC for introducing what it described as consumer-focused enforcement measures designed to

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Palace Pressure and the Politics of Symbolism: Starmer Faces Defining Parliamentary Moment

Political pressure is mounting around British Prime Minister Keir Starmer as reports emerge that Buckingham Palace has issued what sections of the British press describe as a subtle but pointed warning ahead of the highly anticipated King’s Speech. The controversy erupted after media headlines claimed that the Palace delivered a “six-word warning” to the embattled

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Uncertainty Deepens Over Source of Persistent Odour in Ado-Ekiti

Ado-Ekiti — Uncertainty continues to surround the source of the lingering odour reported across parts of Ado-Ekiti, despite arrests, fumigation efforts, and ongoing investigations by the Ekiti State Government. Residents in several parts of the city say the choking smell — most noticeable during late-night and early-morning hours — has persisted for weeks, raising growing

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South Africa’s Highest Court Revives Impeachment Proceedings Against Ramaphosa Over Farm Cash Scandal

Johannesburg — South Africa’s Constitutional Court of South Africa has revived impeachment proceedings against President Cyril Ramaphosa over the “Farmgate” scandal involving the theft of large sums of foreign currency hidden inside a sofa at his private farm. The ruling overturns aspects of Parliament’s earlier handling of the case and reopens scrutiny over one of

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DR Congo sets to Overtake Ethiopia as Africa’s Fourth-largest economy

Kinshasa/Addis Ababa — The Democratic Republic of the Congo is projected to overtake Ethiopia as Africa’s fourth-largest economy in 2026, according to International Monetary Fund estimates driven by rising demand for critical minerals used in global clean energy industries. The IMF projects the DRC’s economy to reach approximately $123 billion in 2026, marginally ahead of

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Nigeria’s Digital Economy Surges Ahead While Cybersecurity Defences Struggle to Keep Pace

Abuja/Lagos — Nigeria’s digital economy is growing at a rapid pace, but cybersecurity systems and regulatory safeguards are struggling to match the scale and sophistication of emerging threats, according to sector assessments and expert analyses reviewed by TMN. Driven by rising internet penetration, digital banking, fintech expansion, e-commerce, and online marketplaces, Nigeria has become Africa’s

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Xenophobic Attacks Trigger Fresh Nigeria–South Africa Tensions

Abuja/Pretoria — Relations between Nigeria and South Africa have come under renewed strain following fresh xenophobic attacks targeting Nigerians and other African nationals in South Africa. The National Association of Nigerian Students (NANS) has threatened to stage protests against South African businesses operating in Nigeria, accusing authorities in Pretoria of failing to curb recurring violence

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Tinubu Woos Global Investors in Paris, Promotes Nigeria’s Reform Agenda

Paris/Abuja — President Bola Ahmed Tinubu has presented Nigeria’s economic reform programme to international investors in Paris, urging sustained confidence in the country’s economy as the administration seeks to attract global capital and strengthen macroeconomic stability. During engagements with investors and financial stakeholders, Tinubu defended ongoing reforms as necessary measures aimed at repositioning Africa’s largest

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Former Minister, Saleh Mamman Convicted in ₦33 Billion Money Laundering Case

Abuja — A Federal High Court in Abuja has convicted former Minister of Power Saleh Mamman in a money laundering case involving about ₦33 billion. Justice James Omotosho delivered the judgment on Thursday in the 12-count amended charge filed against the former minister by the Economic and Financial Crimes Commission (EFCC). The EFCC had accused

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