The global Islamic fintech sector is on a swift upward trajectory. According to the 2022 Global Islamic Fintech (GIFT) Report, the market witnessed transaction volumes of around $79 billion in 2021, with projections to reach $179 billion by 2026—an annual growth of approximately 18%. While key Islamic fintech hubs currently include Saudi Arabia, Malaysia, UAE, Turkey, …
Oil prices rebounded on Monday, climbing more than $1 after last week’s losses, as OPEC+ announced a modest production increase amid concerns over potential new sanctions on Russian crude. The group, which includes OPEC members plus Russia and allies, plans to raise output by 137,000 barrels per day from October, a figure far below earlier …
The quiet revocation of valid visas by the United States Embassy in Nigeria has rattled many who had already secured entry clearance. Professionals, students, entrepreneurs, and families now face disrupted plans, mounting financial losses, and deep uncertainty over their futures. An article published on The Cable by former NNPC spokesperson Olufemi Soneye revealed that the …
A 5.5-magnitude earthquake shook southeastern Afghanistan on Tuesday, just two days after a larger quake devastated the same region, killing more than 1,400 people and injuring over 3,500. Rescue workers and residents are still digging through the rubble of villages flattened by Sunday’s 6.0-magnitude quake. The latest aftershock sparked renewed fears of further damage and …
Chinese President Xi Jinping warned the world is facing a choice between peace and war during a massive military parade in Beijing on Wednesday. For the first time, Russia’s Vladimir Putin and North Korea’s Kim Jong Un joined Xi in a public show of force. The event marked 80 years since Japan’s defeat in World …
The United States government has announced a generous contribution of ₦49.8 billion ($32.5 million) to the World Food Programme (WFP) Nigeria, aimed at addressing the growing food insecurity crisis affecting millions of Nigerians, particularly those in conflict-affected regions. The donation is expected to play a critical role in providing vital food and nutrition assistance to …
The U.S. military killed 11 people on Tuesday in a strike on a vessel allegedly carrying narcotics from Venezuela, President Donald Trump said. It marks the first known operation since his administration deployed warships to the southern Caribbean. Trump told reporters at the White House: “We just, over the last few minutes, literally shot out …
Advancements in robotic surgery are paving the way for safer, faster, and more precise medical procedures. AI-assisted robotic surgery is transforming healthcare by reducing complications, speeding up recovery times, and increasing precision in procedures ranging from organ transplants to cancer treatments. Recent findings from a systematic review have shown that AI-assisted surgeries improve surgical accuracy, …
The Shenzhen-Hong Kong-Guangzhou innovation cluster has been recognised as the leading global innovation hub in the 2025 World Intellectual Property Organisation (WIPO) Innovation Index, surpassing Tokyo. This region's dominance is underscored by its robust technology sector, which spans industries such as electronics, artificial intelligence (AI), and biotech. The Shenzhen-Hong Kong-Guangzhou cluster represents a model for …
Venezuela’s government is quietly allowing the use of dollar-pegged cryptocurrencies in private-sector currency exchanges as U.S. sanctions squeeze oil revenues and reduce the flow of foreign currency. U.S. restrictions on oil exports, described by Caracas as “economic war,” have made it harder for businesses to access dollars. Companies seeking raw materials must often exchange bolivars …
