By Esther Ososanya As the U.S. and China engage in a growing trade war, Africa is taking advantage of the situation to strengthen its economy and reduce dependency on foreign powers. Experts believe that these tensions could offer Africa a rare opportunity to increase its influence in global trade and investment. China has granted duty-free …
By Esther Ososanya The Nigerian Communications Commission (NCC) has renewed its commitment to fully implement President Bola Ahmed Tinubu’s Executive Order on Critical National Information Infrastructure (CNII). This order classifies telecommunications facilities as key national assets that need strong protection. This development comes after a successful intervention by the Office of the National Security Adviser …
By Esther Ososanya The UK arm of popular jewellery retailer Claire’s is on the brink of collapse, with more than 2,150 jobs now in jeopardy after the company confirmed it is set to enter administration. Claire’s Accessories UK Ltd, which operates 306 stores across the UK and Ireland, has filed a notice of intention to …
By Esther Ososanya Global stock markets soared to unprecedented levels on Wednesday, buoyed by softer-than-expected U.S. inflation figures and mounting investor confidence that the U.S. Federal Reserve will deliver a much-anticipated interest rate cut in September. The MSCI All Country World Index, a benchmark tracking shares across 47 countries, climbed 0.4% to a record 951.74 …
By Esther Ososanya The Federal Reserve is almost certain to cut interest rates in September after fresh inflation data showed prices rising at a moderate pace in July, with Treasury Secretary Scott Bessent hinting a surprise half-point reduction was on the table. Traders in federal funds futures are now pricing a 99.9% probability of a …
By Esther Ososanya The Senior Staff Association of Nigerian Universities (SSANU), Taraba State University (TSU) chapter, has issued a two-week ultimatum to Governor Agbu Kefas and the university management to address outstanding agreements contained in a Memorandum of Action (MoA) or risk a total and indefinite strike. The warning, contained in a communiqué issued at …
..Miami got the jobs, tax revenue, prestige; Nigeria got Instagram pictures By Esther Ososanya The recent high-profile wedding of Nigerian music superstar David Adeleke, popularly known as Davido, and his long-time partner Chioma Rowland, in Miami, United States, has reignited conversations about capital flight, celebrity spending, and Nigeria’s economic priorities. Held on Sunday, August 10, …
By Esther Ososanya Nigeria’s dream at the 2024 African Nations Championship (CHAN) came to a crushing end on Tuesday as Sudan dismantled the Super Eagles B team 4–0, exposing tactical and defensive weaknesses that coach Eric Chelle admits were self-inflicted. In a match that will be remembered for Nigeria’s collapse, Sudan capitalised on costly errors …
By Esther Ososanya U.S. manufacturers are increasingly turning to artificial intelligence to manage supply chains and protect profit margins as global trade tensions escalate. From unpredictable tariffs under President Donald Trump to sudden export bans, companies are betting on AI to stay lean and agile without overstocking warehouses. For The Toro Company, a Minnesota-based lawnmower …
By Esther Ososanya The road to the 2025/26 UEFA Champions League group stage is now set, with the play-off fixtures officially confirmed following Tuesday’s decisive third qualifying round results. Fenerbahçe stormed through after a thrilling 5-2 home victory over Feyenoord, sealing a 6-4 aggregate triumph. Cypriot side Pafos also advanced, defeating Dynamo Kyiv 2-0 for …
