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Iranian President Masoud Pezeshkian has outlined conditions under which his country could consider ending the ongoing conflict, and stressed that any ceasefire must be backed by strong international guarantees to prevent further attacks. In a message posted Wednesday on X, the Iranian leader said that ending the war would depend on assurances that hostilities against Iran would cease permanently. He …

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President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate. The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act 2007. Yuguda’s appointment follows the recent appointment of former Deputy Governor, Bala Bello, as Special Adviser to the …

The Federal Government of Nigeria has warned that the escalating crisis in the Middle East could trigger a new economic shock for Nigeria through rising energy prices, disruptions in global supply chains and shifting capital flows. Authorities said they were monitoring developments closely and were ready to adjust economic policies if necessary to limit potential disruption, maintain investor confidence and …