Russia and Vietnam signed an intergovernmental agreement on March 23, 2026, to cooperate on the construction of Vietnam’s first nuclear power plant. As reported by ALO360, the deal establishes the legal framework for a major energy project that both countries had initially planned more than a decade ago. The Agreement Alexey Likhachev, head of Rosatom,…
Newly launched Veta Origin has made headlines after rejecting a $500,000 investment offer from a U.S.-based venture capital firm. In a move that’s turning heads in the tech space, the startup says it is prioritizing building solutions for Africans first before taking on foreign funding. Why Veta Origin Said No Unlike many startups eager for…
Dele Alake has announced that Nigeria attracted a total of $2.6 billion in foreign direct investment (FDI) over the past 30 months. However, The disclosure highlights growing investor interest in Nigeria, particularly within the solid minerals sector. Where the Announcement Was Made Alake made this known during the ongoing Powering Africa Summit in Washington, D.C.,…
The Central Bank of Nigeria (CBN) has been named “Central Bank of the Year” at the 2026 Central Banking Awards, marking a major international endorsement of Nigeria’s recent economic reforms. The award recognises central banks that demonstrate outstanding policy leadership, innovation, and impact. Reforms That Drove the Win The recognition follows a series of sweeping…
Energy leaders from Benin, Cabo Verde, Côte d’Ivoire, Nigeria, and Senegal are set to visit the United States to explore partnerships aimed at transforming the region’s power grids systems. Also, The trip reflects a growing urgency to modernize electricity power grids and improve energy reliability across West Africa. USTDA Leads Strategic Initiative The mission is…
The Federal High Court in Abuja convicted and sentenced former Acting Accountant-General of the Federation Chukwunyere Anamekwe Nwabuoku to 72 years in prison. As reported by ALO360 the Economic and Financial Crimes Commission secured the judgment on March 20 2026 for laundering N868.46 million. EFCC Prosecutes High Profile Case The Economic and Financial Crimes Commission…
US President Donald Trump temporarily stopped strikes on Iran’s largest power plant. As reported by ALO360 he issued the order on March 21 2026 after peace talks began between the two nations. President Donald Trump addressed the nation from the Oval Office. Consequently he explained the strategic shift. “We have temporarily stopped the planned strikes…
Nigeria’s fuel sector is facing a new wave of uncertainty as Dangote Petroleum Refinery considers exporting all its refined products, a move that could trigger fresh fuel scarcity across Nigeria. The development follows the continued issuance of petrol import licences by regulators, despite the refinery’s massive local production capacity. Why Dangote Is Considering Exports Sources…
A faction of the Peoples Democratic Party backed by former Rivers State Governor Nyesom Wike denied claims it would support President Bola Tinubu in the 2027 presidential election. As reported by ALO360 the group stated clearly that the opposition party would field its own candidate. Spokesperson Issues Firm Denial Chief Eze Chukwuemeka Eze addressed journalists…
Senator Oluremi Tinubu condemned the assault of women and girls during the Alue-Do Festival in Ozoro. As reported by ALO360 the First Lady of the Federal Republic of Nigeria issued a personal statement on Sunday. Consequently she reacted to viral footage that showed young girls chased, stripped and molested in Isoko North Local Government Area…
