The United States President Donald Trump has signed an executive order certifying that his plan to sell Chinese-owned TikTok’s U.S. operations to American and global investors meets the national security requirements of a 2024 law. The new U.S. entity will be valued at about $14 billion, Vice President JD Vance said, far below analyst estimates …
President Donald Trump on Thursday unveiled a sweeping round of new tariffs targeting key imports, including branded pharmaceuticals, heavy-duty trucks, and furniture, in what he described as a move to safeguard U.S. manufacturing and national security. The measures, announced on Trump’s Truth Social handle, include a 100% duty on branded drugs, 25% on heavy-duty trucks, …
The U.S. economy expanded at its fastest pace in almost two years during the second quarter of 2025, driven by robust consumer spending, higher business investment, and a sharp narrowing of the trade deficit. Figures released by the Commerce Department’s Bureau of Economic Analysis on Thursday showed gross domestic product (GDP) grew at an annual …
A new report unveiled at the United Nations General Assembly in New York shows that Kenya’s young people are using artificial intelligence (AI) platforms to boost career prospects and secure better jobs. The 2025 Country-Level Employability Report for Kenya, developed by Zindi in collaboration with Dalberg Data Insights, the International Centre for AI Research and …
The Democratic Republic of Congo (DRC) is battling a fresh Ebola outbreak after health officials confirmed 11 new cases in the Bulape Health Zone of Kasai Province. The outbreak remains concentrated in six health areas: Bambalaie, Bulape, Bulape Communautaire, Dikolo, Ingongo, and Mpianga. As of September 21, 2025, the total number of reported cases has …
Vice President Kashim Shettima has restated the Federal Government’s determination to place micro, small, and medium enterprises (MSMEs) at the heart of Nigeria’s economic renewal agenda. He described MSMEs as the “lifeblood of the nation’s economy,” constituting about 80 per cent of businesses in the country. Shettima stated this while delivering his remarks at the …
The United States expects to seal trade deals with more Southeast Asian countries in the coming months, U.S. Trade Representative Jamieson Greer said Wednesday during a meeting with regional counterparts in Kuala Lumpur. Greer told economic ministers from the 10-member Association of Southeast Asian Nations (ASEAN) that negotiations on tariff rates are progressing, with some …
Global stocks fell on Wednesday as the dollar strengthened, following Federal Reserve Chair Jerome Powell’s cautious remarks on U.S. interest rates. Powell avoided committing to the sharp rate cuts investors expect in the coming months, dampening market sentiment. Traders still see a 92% chance of an October cut, according to CME FedWatch, but Powell stressed …
The National Pension Commission (PenCom) has introduced fresh guidelines on foreign currency (FCY) pension contributions, creating new opportunities for Nigerians at home and abroad under the Contributory Pension Scheme (CPS). Announcing the initiative in Abuja on Wednesday, PenCom’s Director-General, Omolola Oloworaran, described it as part of the ongoing “Pension Revolution 2.0” aimed at raising standards …
The Dutch government has agreed to sell a 46 per cent stake in TenneT’s German subsidiary to a consortium of global investors for up to €9.5 billion ($11.3 billion), marking a major step in its long-planned divestment of the power grid operator. The stake will go to Dutch pension fund manager APG, Norway’s Norges Bank, …
