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Coordinated Operation Yields Massive Seizure On May 4, 2025, the National Drug Law Enforcement Agency (NDLEA) announced the interception of illicit drugs valued at over N3.4 billion during a joint operation at the Tincan port in Lagos and the Port Harcourt Port Complex in Onne, Rivers State. The haul, comprising 3.5 million pills of tramadol … Read more
Republicans Divided on US Credit Downgrade Amid Tax Bill Stalemate Washington, May 18, 2025 – Moody’s downgrade of the U.S. sovereign credit rating from AAA to Aa1 has sparked a rift among congressional Republicans, with reactions ranging from dismissal to alarm as they grapple with President Donald Trump’s stalled tax and budget legislation. The downgrade, … Read more
Lagos State Disburses N978.62 Million in Insurance Benefits to Families of Deceased Workers Lagos, May 10, 2025 – The Lagos State Government has disbursed N978,620,589.30 in insurance benefits to 510 beneficiaries representing 280 deceased public servants who died while in active service. The payout, announced on May 9, 2025, underscores Governor Babajide Sanwo-Olu’s commitment to … Read more
Consumer Portfolio Services (CPS) to Host First Quarter 2025 Earnings Conference Call Las Vegas, NV – May 10, 2025 Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers with past credit problems or limited credit histories, announced it will hold a conference call to discuss … Read more
Nigeria’s Bank Recapitalization: Progress with 6 Months to Deadline The Central Bank of Nigeria (CBN) initiated a major banking sector recapitalization program in April 2024, requiring banks to meet significantly higher minimum capital thresholds by March 31, 2026. The targets vary by license type: This 24-month window aims to strengthen banks’ resilience amid economic challenges … Read more
In Taiwan’s Little Myanmar, Fear for Quake-Affected Relatives March 29, 2025 Taipei, Taiwan – In Taiwan’s vibrant community known as “Little Myanmar,” where thousands of Myanmar nationals have made their homes, anxiety and fear are palpable. News of the powerful earthquake that struck Myanmar earlier this week has left many in this close-knit diaspora community … Read more
Congo and Rwanda Presidents Meet in Qatar to Tackle Escalating East Congo Conflict Doha, Qatar – March 18, 2025In a significant diplomatic breakthrough, the presidents of the Democratic Republic of Congo (DRC) and Rwanda convened in Doha, Qatar, today to address the intensifying conflict in eastern Congo. The meeting between DRC President Félix Tshisekedi and … Read more
Entourage Integrated Trust Ltd Reports Strong Q1 Growth Through Entourage Loans’ Digital Lending Product LAGOS, Nigeria — Entourage Integrated Trust Limited, one of Nigeria’s fastest-growing microfinance institutions, has announced robust first-quarter 2025 performance driven by the strong adoption of its digital lending platform, Entourage Loans. Digital Transformation Drives Growth The company’s flagship digital lending product … Read more
West Africa’s Construction Future Demands Machines and Data, to Move Forward West Africa’s construction boom is accelerating, but outdated methods are holding it back. As Nigeria, Ghana, and Senegal pour billions into infrastructure, the sector’s path to sustainable growth hinges on embracing advanced machinery and data-driven innovations—unlocking faster builds, smarter decisions, and resilient economies by … Read more
Upexi Treasury Reaches 2 Million SOL Tokens Worth $334 Million TAMPA, Fla., August 5, 2025 — Upexi, Inc. (NASDAQ: UPXI), a consumer products company with a strategic focus on cryptocurrency investments, has achieved a significant milestone by expanding its Solana (SOL) treasury to 2 million tokens, valued at approximately $334 million based on current market … Read more