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The New Development Bank (NDB), popularly known as the BRICS Development Bank, has unveiled plans to issue approximately 30% of its loans in South African rand and Brazilian real, signaling a strategic shift to reduce its reliance on the US dollar. This move aims to diversify lending practices and minimize exchange rate risks for member…
The African Union (AU) has announced the suspension of Niger from all its institutions and activities in response to the recent coup that unfolded in the country. The decision aims to exert pressure on the military junta and facilitate the restoration of constitutional order. The AU’s move comes after the military junta in Niger failed…
The Economic Community of West African States (ECOWAS) has declined the three-year transition proposal presented by Niger Republic’s military junta. General Abdourahamane Tchiani, the coup leader, assured ECOWAS that the military government would restore democracy to Niger Republic within three years during a meeting in Niamey. However, ECOWAS Commissioner Abdel-Fatau Musah stated in a recent…
Nyesom Wike’s recent political journey is a tapestry woven with defiance, alliances, and triumph. The former Rivers State governor’s decision to challenge the interests of his political party, the Peoples Democratic Party (PDP), has yielded surprising results, propelling him to the position of the Minister of the Federal Capital Territory (FCT) under the APC government….
Goodluck Jonathan, the former President of Nigeria, has touched down in Zimbabwe ahead of the country’s general elections scheduled for August 23. Through his verified Twitter handle, @GEJonathan, he conveyed his arrival and anticipation for the mission he’s set to lead as part of the Joint African Union (AU) and Common Market for Eastern and…
In a recent development, the self-declared leader of Niger Republic, Abdourahmane Tiani, announced the junta’s commitment to reestablishing civilian rule within a three-year timeframe. The declaration was made in a televised address late Saturday night, marking a significant step in addressing the political crisis that followed the recent coup. In his address, Tiani conveyed that…
A delegation from neighbouring regional nations has arrived in Niger in a last-ditch diplomatic endeavour aimed at finding a peaceful resolution with mutinous soldiers who ousted the country’s president in a coup last month. The diplomatic mission is reported to have touched down at the capital city, Niamey, around 1 pm (12:00 GMT) yesterday. This…
Gambian President Adama Barrow has taken a significant step to curtail public spending by announcing a suspension of both himself and government officials from foreign travel. This decision, outlined in an executive order, extends to cabinet ministers, senior officials, civil servants, and employees across government institutions. The suspension, effective for the remainder of the fiscal…
The Defense Chiefs of the Economic Community of West African States (ECOWAS) have announced a tentative date for a potential military intervention to restore civilian rule in Niger Republic if diplomatic efforts prove unsuccessful. ECOWAS Commissioner for Political Affairs, Peace and Security, Abdel-Fatau Musah, revealed this development on Friday following a two-day meeting of West…
In a pivotal move that could potentially shape the future of the Republic of Niger, troops from the Economic Community of West African States (ECOWAS) have declared their preparedness to form a standby force, poised to intervene in the ongoing crisis. The nation has been plunged into turmoil following a recent coup that toppled President…