In Anambra State, political campaigns are taking a new turn, and money appears to be at the centre of it. Since Governor Chukwuma Soludo declared his intention to seek a second term in office, communities, associations, and political groups across the state have launched an aggressive wave of endorsements backed with millions of naira in …
China’s exports of rare earth magnets fell 6.1% in September, sparking renewed concerns that Beijing may again use its dominance in critical minerals as leverage in trade talks with the United States. Customs data showed shipments dropped to 5,774 tonnes from 6,146 tonnes in August, ending three consecutive months of growth and coming just before …
Mineral development expert Dr Femi Salami has highlighted the need for African nations to harness their vast mineral endowments to become a tool for sustainable economic and strategic global power. Dr Salami, who spoke at different fora during the World Bank/International Monetary Fund (IMF) 2025 Annual Meetings in Washington DC, United States, pointed out that …
Global companies have incurred more than $35 billion in costs from U.S. tariffs heading into third-quarter earnings, though many are now scaling back earlier forecasts as new trade deals ease exposure to President Donald Trump’s levies. Trump’s trade war has driven tariffs to their highest levels since the 1930s, but recent bilateral agreements with the …
Nigeria has been faced with the most complicated form of inflation, where all the possible types are evident at the same time, said a development economist, Ken Ife. Ife, who appeared on Channels Television’s The Morning Brief on Monday, October 20, described the current inflation pressure as a complex case of stagflation, a rare economic …
China has shipped its first-ever batch of domestically produced poultry hatching eggs to Tanzania, a move experts say could reshape livestock farming across East Africa. The shipment of 35,000 white-feathered “Guangming No. 2” broiler eggs departed Yunnan Province on Friday, marking a major milestone for China’s agricultural exports. The eggs, specially bred for meat production, …
Israeli shelling killed three Palestinians near a ceasefire line in Gaza on Monday, testing the fragile truce after a weekend of heavy fighting. At least 28 people died in Sunday’s Israeli strikes across the enclave, which Israel said were in response to a Hamas attack that killed two of its soldiers in Rafah. U.S. envoys …
The World Meteorological Organisation (WMO) has called for urgent action to close critical gaps in global early warning systems designed to protect communities from extreme weather and climate-related disasters, particularly in developing countries. Speaking at a special meeting in Geneva on Monday, WMO Secretary-General Celeste Saulo said early warnings are essential to saving lives and …
The U.S. Federal Reserve is preparing for its next policy meeting under an unusual cloud of uncertainty, with the ongoing government shutdown halting key economic data releases and leaving policymakers without a clear picture of the economy’s health. Official employment figures have not been published since the shutdown began on October 1, while limited private …
China did not import any soybeans from the United States in September, the first time since November 2018, as escalating trade tensions and high tariffs pushed buyers toward South American suppliers. According to data from China’s General Administration of Customs, imports from the U.S. fell to zero from 1.7 million metric tons in the same …
