Global stock markets climbed on Monday, buoyed by renewed optimism over progress in U.S.–China trade talks, while gold and bonds fell as investors shifted toward riskier assets. Top economic officials from both countries reached a preliminary trade deal framework ahead of a meeting between Presidents Donald Trump and Xi Jinping in South Korea later this …
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 …
Opposition candidate rejects results, alleges fraud, attacks on supporters The Constitutional Council of Cameroon has officially declared President Paul Biya the winner of the country’s October 12 presidential election, extending his more than four-decade rule. Announcing the results on Monday, the council said Biya, 92, secured 53.66 percent of the votes to defeat his …
The crypto world got its plot twist at 08:04 AM WAT on October 27, 2025, following the presidential pardon granted by the United States President, Donald Trump, to the Binance founder, Changpeng Zhao (CZ), who served four months for anti-money laundering violations. Observers say the development feels like a Hollywood redemption arc with real-world stakes. …
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 …
The expansion of the Dangote Petroleum Refinery from 650,000 barrels per day to 1.4 million barrels per day will lead to a significant increase in polypropylene production from 900,000 metric tonnes to 2.4 million metric tonnes per annum. The capacity expansion will make the refinery the largest refinery in the world upon completion, surpassing India’s …
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has lamented that the Nigerian capital market's 10-year vision has failed to achieve half of its objectives. Agama expressed the dissatisfaction in a lead paper titled 'Evaluating the Nigerian Capital Market Masterplan 2015-2025'. He presented the paper at the annual conference of the Chartered …
Industry leaders have begun to gather in Lagos for the 19th edition of Oil Trading and Logistics (OTL) Africa Downstream Energy Week, focused on shaping Africa’s downstream energy future in areas of leadership, investment, and innovation across the petroleum value chain. The event, themed “Energy Sustainability – Growth Beyond Boundaries and Competition”, organised in collaboration …
Peter Obi and others highlight benefits of decentralised ports to the Nigerian economy. The recent approval of a $1 billion investment aimed at modernising the Apapa and Tin-Can Island ports in Lagos by the Federal Government has reignited calls for decentralisation of seaport infrastructure across Nigeria. Analysts believe that developing seaports in other maritime …
