During 2024, the Nigerian Naira exchange rate has come under increasing pressure in the parallel market, with a recent significant depreciation. Market participants point to supply gaps as a major cause of this decline. This depreciation trend could lead to increased prices of imported goods and economic instability. Continued monitoring of the exchange rate will be essential to anticipate future impacts on the Nigerian economy.
Nigeria is receiving $1.57 billion in financing from the World Bank for projects focused on education, health, and the environment. These initiatives aim to strengthen primary health services, improve governance in the education and health sectors, and secure water resources for hydropower generation and irrigation. These investments are crucial to improving the quality of life of citizens and fostering sustainable and inclusive development in Nigeria.
The Democratic Republic of the Congo faces complex challenges related to the exploitation of natural resources, armed violence and humanitarian tragedies. Armed groups control the mines, fueling a cycle of violence and instability. Combating the criminal laundering of natural resources is essential to establishing sustainable peace. The protection of civilians, particularly women and children, is a priority. The need for international sanctions against those responsible for this illicit trade is underlined. The international community must remain committed to supporting the Congolese people in their quest for peace, justice and development.
A father commits a heinous crime by ending the life of his own son and a nursing mother in the Evwreni community of Nigeria. Despite attempts to intervene, the violence persists, leading the mob to engage in a savage act of revenge. The Delta police are yet to respond to the incident, raising questions about the fragility of the social order. This tragic episode highlights the need for action to promote peace and justice in society.
At the heart of a controversy between former Osun governors Adegboyega Oyetola and Ademola Adeleke is the University of Ilesa. While Adeleke claims to have established the university, Oyetola denies the allegations, saying his administration not only founded the institution but also obtained official approval from the NUC. The row underscores the importance of transparency and honesty among policy makers in higher education, thereby ensuring balanced and fair development of education in the region.
Fatshimetrie civic group is calling on Osun residents to mobilize against the economic crisis in Nigeria. The group’s coordinator, Adetunji Ajala, denounces the government’s inaction in the face of the people’s demands. Peaceful demonstrations are being held to protest price hikes and economic distress. Citizens are being urged to air their grievances and assert their need for survival. The government is being urged to act to address the economic problems and improve the living conditions of the Nigerian population.
A PDP candidate and his brother have been killed in a terrorist attack in Kaduna. The killings may have been politically motivated according to some local officials. The tragedy underscores the importance of urgent action to ensure the safety of citizens and ensure free and fair elections.
The recent counter-terrorism operations by the Nigerian Armed Forces have led to significant successes, including the neutralization of eight terrorists and the rescue of 40 hostages. The coordinated operations across several states in the country have helped dismantle the terrorist support networks. Among the highlights, the interception of a major arms courier and the seizure of ammunition have dealt a severe blow to the proliferation of criminal weapons. With targeted strikes and precise interventions, the troops have ensured the safety of the population and weakened the terrorist networks, demonstrating their commitment and professionalism in the fight against terrorism.
The article highlights the shocking case that is rocking Enugu, Nigeria, with the arrest and detention of businessman Tochukwu Nzekwe. Following a violent attack on his driver by police officers, Nzekwe was kidnapped, brought to trial and imprisoned. Enugu residents are demanding truth and transparency from the authorities, highlighting abuses of power and injustices. The case highlights the importance of justice and accountability of authorities to restore trust in the justice system.
Abstract: The delimitation of the borders between the DRC and the Republic of Congo is crucial for cross-border cooperation. This 9th session of the Joint Technical Commission addresses the issues of sovereignty, territorial integrity and bilateral cooperation. The complexity of this land and maritime border requires rigorous implementation of the delimitation agreements to avoid future disputes. The opportunities for common development between Kinshasa and Brazzaville depend on a clearly defined and respected border, promoting constructive dialogue and enhanced cooperation.