Author: Press Room

In SummaryAfrica remains a global gold powerhouse in 2025, with Ghana, the DRC, and South Africa leading production, collectively accounting for a major share of the continent’s gold output.Increased investments, mining reforms, and modernization have boosted production in countries like Burkina Faso, Côte d’Ivoire, and Tanzania, strengthening Africa’s mining infrastructure.Despite security and environmental challenges, gold mining continues to sustain millions of livelihoods, drive export revenues, and power economic growth across the continent.Deep Dive!!!Friday, 24 October, 2025- Africa’s gold industry continues to shine brightly in 2025, cementing the continent’s role as a global powerhouse in mineral production and economic growth.With countries…

Campaign style defies APC control, but weakens party-building, says Amadi Former presidential candidate of the Labour Party (LP), Peter Obi, says Nigeria’s exclusion from the list of Africa’s fastest-growing economies should serve as a wake-up call for the country’s leaders. On October 17, the International Monetary Fund (IMF) excluded Nigeria from the list of Africa’s fastest-growing economies. Meanwhile, the Director of the Abuja School of Social and Political Thoughts, Sam Amadi, said the All Progressives Congress (APC) is struggling to contain Obi’s growing political influence because he operates outside the traditional structure of Nigerian politics. The IMF listed Benin Republic, Côte…

Determined to connect African creativity with commerce, Design Week Lagos (DWL), Africa’s leading festival of design, innovation, and culture, is set to commence its 2025 event. Since its debut in 2019, Design Week LagosDesign Week Lagos has hosted hundreds of designers, brands, and thinkers from across Africa and the diaspora. Its signature initiatives, including the Made by Design documentary on Netflix, The Made by Design Showcase, and the Design Innovation Exhibition, have reshaped global perceptions of African creativity. According to the organisers, the programme scheduled to commence from October 23 through to October 28 will transform Lagos into a city-wide…

Cryptocurrency markets saw broad gains over the past 24 hours, led by a 3.9% surge in the CeFi sector following news that former Binance CEO CZ was pardoned by Trump. Binance Coin (BNB) jumped 4.4%, while Bitcoin climbed 2.1% to reclaim the $110,000 level and Ethereum neared $3,900. AI, Layer 1, and DeFi tokens also advanced, with standout performers including Fartcoin (+11.9%), Solana (+5.3%), and World Liberty Financial (+11.3%). Polymarket gives nearly 50% odds of CZ returning to Binance before the end of this year. But what else is happening in crypto news today? Follow our up-to-date live coverage below.The…

• Senator Dandutse: Politicians betray the people when they defect• Tinubu seen as father of Nigeria, Akpabio explains senators’ defection• PDP screens national officers’ aspirants as Turaki emerges consensus candidate for chairman• PDP undergoing natural growth phase, will bounce back stronger, says Ikpeazu• Ondo PDP, SDP, and AA leaders collapse structures, join ruling APC As the delicate dance of defections continues nationwidedefections continues nationwide, raising questions about motives and the future of opposition, Governor Seyi Makinde of Oyo State yesterday attributed the frequent defection of politicians across parties in Nigeria to the absence of genuine political ideology. The governor, a…

With less than a month to go until its long-awaited national elective convention, scheduled for November 15-16 in Ibadan, Oyo State, the Peoples Democratic Party (PDP) is once again standing on the precipice. What was meant to be a turning point for the country’s main opposition party could instead deepen its existential crisis, as five major hurdles threaten to derail the exercise or even fracture the party beyond repair, Azimazi Momoh Jimoh and Rotimi Agboluaje report. Indications have emerged that the opposition Peoples Democratic Party (PDP) may be forced to postpone its much-anticipated national elective conventionnational elective convention slated for…

The Nigeria Police Force has explained why its Federal Capital Territory Command arrested human rights activist and 2023 presidential candidate of the African Action Congress, Omoyele Sowore. The Force Public Relations Officer, CSP Benjamin Hundeyin, said Sowore was taken into custody for allegedly leading protesters into a restricted area in Abuja, in defiance of a subsisting court order. Hundeyin, who addressed journalists during a press briefing in Abuja on Thursday, said the activist would be charged in court once investigations are concluded. “Today, Omoyele Sowore has been arrested by the Nigerian Police Force. You may ask why he was arrested.…

Governor of Ondo State, Lucky Aiyedatiwa, has described the horrific accident that occurred on Wednesday in the university community of Akungba-Akoko, Akoko South-West Local Council Area of Ondo State, as unfortunate and avoidable. Aiyedatiwa, who visited the scene of the accident and the community to commiserate with the families of the victims, assured that strict compliance would be enforced on the route. The governor, who was represented by his deputy, Olayide Adelami, visited the palace of the Alale of Akungba Akoko, Oba Isiaka Oseni, to condole with him and the community over the unfortunate incident. He also met with the…

Crypto markets’ early Uptober gains were short-lived. Within days, markets crashed hard after President Trump declared a 100% tariff on Chinese imports, prompting investors to adopt a risk-off stance ahead of the Federal Reserve’s upcoming FOMC meeting. Even so, several analysts interpret this retracement as a healthy consolidation phase, flushing out excess leverage and weak hands before a more sustained climb.Here are three standout altcoins showing significant upside potential.Hyperliquid: The DEX Creating a New Class of Crypto MillionairesIntroduced late last year, Hyperliquid and its native $HYPE token have rapidly emerged as a top contender in the decentralized exchange (DEX) ecosystem.Operating…

The House of Representatives, on Thursday, passed for second reading a bill seeking to amend the Economic and Financial Crimes Commission (Establishment) Act, 2004. The proposed legislation seeks to strengthen the institutional independence, operational efficiency, and accountability framework of the Commission. The bill, sponsored by Hon. Yusuf Adamu Gagdi (APC, Plateau), is titled “A Bill for an Act to Amend the Economic and Financial Crimes Commission (Establishment) Act, 2004, and for Related Matters (HB. 2493). Leading debate on the bill during the plenary session presided over Deputy Speaker, Benjamin Kalu, Gagdi explained that the amendment became necessary to align the…