The African Development Bank Group has approved a $5.52 million grant aimed at strengthening tax systems administration. Also and improving domestic revenue generation in Nigeria and other West African countries. Strengthening Revenue Tax Systems The funding is expected to support efforts to modernize tax system. Improve compliance, and enhance efficiency in revenue collection across the…
Africa’s richest man, Aliko Dangote, has secured a $4.2 billion, 25-year natural gas supply deal with GCL Group to power a massive fertilizer mega project in Ethiopia. A Multi-Billion Dollar Industrial Project The fertilizer plant, valued at $2.5 billion, developed by Dangote Group. Which holds a 60% stake, alongside Ethiopian Investment Holdings, which owns the…
The United States has opened a sweeping trade probe investigation involving Nigeria, South Africa, and several other countries, citing concerns over alleged unfair trade practices. What the Investigation Is About However, Washington says the trade probe is part of a broader effort to address global trade imbalances and protect domestic industries. The investigation will examine…
ICPC (The Independent Corrupt Practices and Other Related Offences Commission), arraigned a visa agent, Adediwura Stanley, before the Lagos State High Court on charges of alleged document forgery. Stanley stood accused of fabricating financial documents to secure a United Kingdom visa for a client. Prosecutors from the ICPC presented the case before the court earlier…
Professor Charles Soludo officially commenced his second term as Governor of Anambra State. The swearing-in ceremony took place at the Government House in Awka, the state capital, on March 17, 2026. Consequently, the event marked the continuation of his administration after a successful re-election campaign. The Swearing-In Ceremony Justice Onochie Anyachebelu administered the oath of…
NBA (The Nigerian Bar Association), denounced the alleged incident on Monday. The association described the reported directive as inconsistent with established judicial standards and the dignity of the legal profession. The body emphasized that such conduct undermines the respect and integrity required in courtrooms across Nigeria. Statement Highlights Professional Concerns The association expressed its position…
Governor Dauda Lawal of Zamfara State joined President Bola Ahmed Tinubu’s delegation for a historic state visit to the United Kingdom. The Nigerian delegation departed Abuja on Tuesday for the two-day diplomatic mission scheduled for March 18 and 19, 2026. As reported by ALO360, this marked a significant moment for both federal and state level…
Nigeria has emerged as the number one country globally in the stablecoin ownership. Epecifically Tether (USDT) and USD Coin (USDC), highlighting a major shift in how Nigerians store and move money. Why Stablecoins Are Gaining Ground Stablecoins like USDT and USDC are digital currencies pegged to the US dollar. Meaning their value remains relatively stable…
Hollywood star Zendaya has addressed the viral AI-generated wedding photos of herself and Tom Holland. Making it clear that the images are completely fake. Speaking during an interview on Jimmy Kimmel Live!, Zendaya revealed that many people—both online and in her real life—were actually convinced the photos were real. “They’re AI, Not Real” The actress…
A United Arab Emirates-based company, Elmirate Investment LLC (also known as Elmirate Capital). Has pledged up to $200 million to develop defence technology, satellite systems, and advanced manufacturing in Nigeria. However, The defence technology investment follows the signing of a strategic agreement with Nigerian partner Nigus International Investment Limited. Marking a major step toward strengthening…
