On Friday, August 1, 2025, South African President Cyril Ramaphosa announced that his government would leverage a week-long delay in the U.S.’s imposition of 30% tariffs on South African exports, now postponed to August 7, 2025, to negotiate intensely and safeguard jobs. The tariffs, initially set for August 1, were announced by U.S. President Donald […]
In the first seven months of 2025 (7m’25), banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) skyrocketed by 783.7% year-on-year to ₦79.8 trillion from ₦9.03 trillion in 7m’24, signaling significant excess liquidity in Nigeria’s banking system. The CBN’s shift to a single-tier remuneration structure for the SDF in […]
On Thursday, July 31, 2025, the Federal Government approved the National Industrial Relations Policy (NIRP) 2025 to address frequent strikes and foster workplace harmony, as announced by Minister of Information and National Orientation, Mohammed Idris, following a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu in Abuja. The NIRP aims to regulate trade […]
On Friday, August 1, 2025, concerns over the misuse of Nigeria’s Cybercrimes (Prohibition, Prevention, Etc.) Act of 2015, amended in 2024, have intensified, with civil society activists and lawyers like Mr. Kunle Edun, SAN, accusing security agencies of weaponizing the law to silence government critics rather than tackling escalating cyberattacks costing the economy billions. Between […]