Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Nigeria Daily Journal.

EBC Financial Group Highlights Oil Price Convergence and Implications for Nigeria’s Export Earnings
Brent–WTI spread narrows as OPEC+ policy, Middle East tensions, and U.S. exports reshape the market LAGOS, NIGERIA, October 2, 2025 /EINPresswire.com/ -- Oil markets are undergoing a structural test as the traditional premium of Brent crude over...

RedCloud at GITEX Dubai: Setting Sights on Saudi Launch, with AI Solution to $2Tn Problem
LONDON, Oct. 14, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RCT”) (“RedCloud” or “Company”) the RedAI trading platform used by Fast Moving Consumer Goods (‘FMCG’) businesses, today announced the participation of CEO Justin Floyd and Saudi...

Payaza Sets New African Fintech Standard with $13.5M Debt Redemption and Triple Credit Rating Upgrades
Landmark achievement funded entirely from internal cash flow positions Nigerian fintech as a continental leader in sustainable growth and financial discipline MANHATTAN, NY, UNITED STATES, October 1, 2025 /EINPresswire.com/ -- Payaza, a leading...

Nigeria Revokes Clearance for TotalEnergies’ Stake Sale
(MENAFN) Nigerian oversight bodies have annulled the authorization granted to TotalEnergies to divest its minority interest in an onshore petroleum venture, citing an alleged failure by the involved parties to fulfill financial obligations...

Nigerian National Sentenced to Two Years in Prison for Romance Scam and Money Laundering Scheme
BOSTON – A Nigerian national was sentenced today in federal court in Boston for his involvement in the theft of more than $2 million from at least six romance scam victims by transferring their money to cryptocurrency accounts that he controlled....

International Solar Alliance and African Leaders Unite in Accra to Chart Pathways for Africa's Solar Future
ACCRA, GHANA, September 23, 2025 /EINPresswire.com/ -- International Solar Alliance and African Leaders Unite in Accra to Chart Pathways for Africa's Solar Future The Seventh Meeting of the International Solar Alliance (ISA) Regional Committee...

Sanas Expands Accent Translation to Support African and Middle Eastern Accents
PALO ALTO, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Sanas, provider of the world’s first Real-Time Speech Understanding Platform, today announced a major expansion of its AI-powered Accent Translation solution, introducing first-ever support for...

CadRemit Launches A Reward System For Users Making Cross-Border Transfers To Nigeria
The new CMT Points system rewards users for monthly transfers to Nigeria, adding more value to your transaction. CANADA, September 29, 2025 /EINPresswire.com/ -- CadRemit, the cross-border platform for international money transfers between North...
Inflation targeting: considerations for central banks in Africa
By Paul Fisher and Glenn Hoggarthfootnote [1] This article is an output from the Bank of England’s Centre for Central Banking Studies (CCBS). The CCBS was established in 1990. It is a small division in the Bank that provides training and technical...

AskNetwork247 Launches to Help Africans Across the Globe to Source Jobs, Customers, and Business Partners
Introduce me to the right person! Simplified. BIRMINGHAM, BIRMINGHAM, UNITED KINGDOM, September 29, 2025 /EINPresswire.com/ -- A new digital platform, AskNetwork247, has been launched to help Africans at home and abroad navigate one of the most...

Turkish Furniture Exports Gain Momentum in Africa, Asortie Among Leading Contributors
Turkey strengthens its position in Africa’s growing furniture market, with Asortie delivering projects in over 15 countries across the continent. ISTANBUL, ISTANBUL, TURKEY, September 29, 2025 /EINPresswire.com/ -- Furniture exports from Turkey...

2025 iGaming Report: Fraud on the Rise in Ghana’s Betting Sector Despite Africa’s Progress
ACCRA, GHANA, September 29, 2025 /EINPresswire.com/ -- Ghana’s iGaming industry is confronting mounting challenges in fraud prevention, even as Africa overall makes progress in reducing fraud across the sector. Recent findings by Sumsub, a...

Nigeria Ambush Leaves Three Police Officers Dead, Seven Abducted
(MENAFN) An armed assault in Nigeria’s Benue State on Sunday left three police officers dead and seven others kidnapped, authorities confirmed. According to Benjamin Hundeyin, spokesperson for the Nigerian Police, the attack occurred in the Agu...

South Africa Secures Seat on ICAO Governing Council
(MENAFN) South Africa has successfully secured a spot on the International Civil Aviation Organization (ICAO) Governing Council for another term, the Department of Transport confirmed on Sunday. ICAO, a United Nations agency, plays a pivotal role...

EDENA Token Lists on Indonesia's Largest Exchange Indodax, Followed by Mobee Exchange
Jakarta, Indonesia , Oct. 13, 2025 (GLOBE NEWSWIRE) -- EDENA Capital Nusantara, operator of government-partnered STO platforms in Indonesia and Egypt, today announced the listing of EDENA Token on Indodax, Indonesia's leading cryptocurrency...

Council Honors 65th Nigerian Independence Day
The Council adopted a resolution officially recognizing October 1, 2025, as Nigerian Independence Day in the City of Boston. The resolution honors the 65th anniversary of Nigeria's independence from colonial rule, achieved on October 1, 1960. The...

New WTO-World Bank reports hail progress in advancing Africa’s digital trade
Ambassador Richard Brown of Jamaica, the facilitator of the WTO Work Programme on E-commerce, moderated the discussion. In her opening remarks, Deputy Director-General Johanna Hill noted that the “Digital Trade for Africa” (DTA) project has come a...

Africa Lead-Acid Battery Market Set to Double by 2035: Key Growth Drivers Explained | Analysis Report by TMR
Africa's lead-acid battery market accounts for a critical part of the energy and power storage market in the region. WILMINGTON, DE, UNITED STATES, September 15, 2025 /EINPresswire.com/ -- The Africa Lead-Acid Battery Market is poised for...

The 3rd Annual New York City International Fashion Film Festival Celebrates Global Creativity and Honors Award Winners
NEW YORK, NY, UNITED STATES, September 25, 2025 /EINPresswire.com/ -- The New York City International Fashion Film Festival (NYCIFFF) concluded its 3rd annual edition on September 17th, 2025, with a dynamic showcase of international fashion...

Italy and Nigeria Join GPE in Launching Ambitious $5B Campaign to Transform Learning for 750 Million Children
NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Today, Italy and Nigeria, together with the Board Chair of the Global Partnership for Education (GPE), kicked off GPE’s 2026–2030 financing campaign at the United Nations General Assembly to turn the...