The U.S. Federal Reserve is expected to announce another quarter-point interest rate cut this week, its second this year as policymakers move to cushion a slowing labour market and maintain economic stability. Analysts predict the rate reduction will bring the federal funds rate to between 3.75% and 4.00%, with more cuts likely in December or …
The Malian government has shut down all schools and universities across the country following a severe fuel crisis caused by a militant blockade. Education Minister Amadou Sy Savane announced on state television Sunday that classes would be suspended for two weeks. He explained that the fuel shortage has disrupted the movement of teachers and school …
The Federal Capital Territory Administration (FCTA) has launched a renewed drive to boost child immunisation and end vaccine hesitancy across Abuja. The Administration is working with churches, mosques, and community leaders to ensure no child is left unprotected from preventable diseases. The campaign, led by the Health Services and Environment Secretariat (HSES), began with a …
U.S. President Donald Trump has ended trade talks with Canada after denouncing a political ad that used Ronald Reagan’s voice to criticise tariffs. The ad, produced by Ontario’s provincial government, reignited tensions between both countries as they negotiate new steel and aluminium trade terms. The controversy began when Ontario aired an ad using edited …
More than 75 million Americans receiving Social Security and Supplemental Security Income (SSI) benefits will see their monthly payments rise by 2.8% in 2026, marking the first time in three years that the annual adjustment has outpaced the previous year’s increase. The Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) on Friday, shortly after …
The M23 rebel group denied stealing millions of dollars in gold from a mine in South Kivu. At the same time, the group accused government forces of breaking the ceasefire. Twangiza Mining Company said this week that M23 took over 500 kilos of gold from its concession. The company claimed the rebels used Rwandan geologists …
Ghanaian police rescued 57 Nigerians trafficked into the country and arrested five suspects running a cybercrime and human trafficking network, authorities confirmed Thursday, October 23. On Wednesday, October 22, the Criminal Investigations Department (CID) raided a building in a suburb of Accra, where victims aged 18 to 26 were forced to participate in online romance …
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Friday stated that the administration of President Bola Tinubu cannot address every developmental challenge in the nation’s capital. Wike made the remarks during his monthly media parley, responding to criticisms from former Labour Party presidential candidate Peter Obi over the state of public schools …
Nigerian music superstar Davido has revealed the purpose of his recent meeting with French President Emmanuel Macron, describing it as an opportunity to share visions for a better world. The 32-year-old Afrobeat singer made the disclosure on Thursday evening via X (formerly Twitter), writing: “It was an honour meeting @EmmanuelMacron and sharing our visions for …
In the shifting landscape of Nigeria’s investment economy, a silent revolution is underway. It is not powered by oil rigs or government budgets but by data, digital innovation, and private capital that are redefining how Nigerian startups grow, scale, and survive. For the first time in decades, private equity (PE) and venture capital (VC) have …
