Post-election protests have brought Douala, Cameroon's economic capital, to a near standstill. Shops remain shuttered, markets are empty, transport services are disrupted, and the rising cost of basic goods is squeezing households already struggling with high inflation. Economists estimate the city is losing over 10 billion CFA francs (about €15 million) daily due to business …
The Federal Capital Territory (FCT) Police Command has clarified the circumstances surrounding the arrest of Samuel Ojeogwu, popularly known as Sammy West, the brother of Nollywood actress Regina Daniels. Ojeogwu was arrested in Lagos last week and transferred to Abuja, sparking online outrage after Regina Daniels accused the police of bias and claimed her brother’s …
Billionaire Elon Musk is on the verge of becoming the world’s first trillionaire. Forbes reports that his net worth briefly reached $500 billion following a rebound in Tesla shares. READ ALSO: King Charles III Becomes First British Monarch to Publicly Pray With Pope Trailing him are Oracle’s Larry Ellison at $350.7 billion and Meta’s Mark …
The International Monetary Fund (IMF) has concluded its latest mission to Senegal without finalizing a new lending programme, though discussions are still ongoing. Mission Chief Edward Gemayel confirmed that negotiations would continue in the coming weeks, noting that Senegal’s government was committed to restoring fiscal discipline after uncovering billions of dollars in unreported debt left …
The Consul-General of the Federal Republic of Germany in Lagos, Mr. Daniel Krulls, has announced plans to significantly accelerate visa processing for Nigerians, with a target of completing all visa categories within three weeks. Krulls made this known during a media briefing in Lagos, where he outlined his key priorities since assuming office. According to …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Deputy Superintendent Sani Yakubu of the Nigerian Security and Civil Defence Corps (NSCDC) before Justice Isiaka of the Kaduna State High Court 12 on a three-count charge of criminal breach of trust and misappropriation of funds. The case, which came up on Monday, …
For the first time in history, the U.S. Labor Department will miss releasing its key employment report for a second consecutive month, as the ongoing government shutdown stretches into its second month, the longest ever recorded. The data blackout has left economists, investors, and policymakers struggling to gauge the true state of the American economy. …
Africa’s next economic revolution may not come from its oil wells, gold mines, or farmlands but from trust, transparency, and technology. A new survey by Co-Develop, released on the sidelines of the Global Digital Public Infrastructure (DPI) Summit 2025 in Cape Town, has revealed a groundbreaking trend. Across six African countries, citizens overwhelmingly believe that …
A Senior Advocate of Nigeria and Professor of Energy Law at the University of Lagos, Prof. Yemi Oke, has cautioned global powers against what he described as “undiplomatic distortions” of Nigeria’s internal challenges. In a strongly worded open letter addressed to Presidents Bola Ahmed Tinubu, Donald Trump, and Canadian Prime Minister Mark Carney, the Canada-trained …
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has expressed optimism that Nigeria’s oil production will soon experience an upsurge as the Emem Floating Production Storage and Offloading (FPSO), is set for its final voyage to Nigeria. Komolafe stated this on Tuesday during an inspection of the EMEM FPSO at …
