Tokyo led a rally in Asian markets on Thursday, as hopes for a breakthrough in Japan-US trade talks helped offset concerns sparked by Federal Reserve Chair Jerome Powell’s stark warning about the economic risks of President Donald Trump’s aggressive tariff strategy. Markets across the region breathed a little easier after signs emerged that trade negotiations…
The U.S.-China trade dispute is heating up once more, with Beijing telling Washington to “stop threatening and blackmailing” after President Donald Trump reiterated that it’s up to China to return to the negotiating table. At the heart of the renewed tension is Trump’s aggressive new round of tariffs—some reaching as high as 145% on Chinese…
In a major step toward modernizing its financial infrastructure, Panama City has officially approved a policy that allows residents to pay for public services using cryptocurrency. The new system permits the use of Bitcoin, Ethereum, USD Coin (USDC), and Tether (USDT) for transactions such as taxes, permits, and government fines. This development, approved by the…
In a major shake-up across its African operations, global accounting giant PricewaterhouseCoopers (PwC) has announced the closure of its offices in nine Sub-Saharan African countries as part of a broader strategic review. According to a statement published on the firm’s website, PwC is exiting Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo,…
In a move that could offer some relief to motorists and oil marketers, the Dangote Petroleum Refinery and Petrochemicals has once again reduced the ex-depot (gantry) price of petrol—this time to ₦835 per litre. This marks the second price slash by the $20 billion Lagos-based refinery in April, reflecting an apparent shift toward more consumer-friendly…
In a move that has sent ripples through Nigeria’s humanitarian sector, the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) is preparing to shut down its operations in the country. This significant development was confirmed by Nigeria’s Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Goshwe, during a Validation Workshop on the…
U.S. Special Envoy Steve Witkoff clarified the administration’s firm stance on Iran’s nuclear ambitions on Tuesday, stating that any final agreement must involve a complete halt to uranium enrichment and weaponization activities. His remarks mark a sharp pivot from what appeared to be a more flexible tone just a day earlier. “Any final arrangement must…
Tensions between Washington and Beijing are flaring once again—this time over a major aviation deal that appears to be unraveling. On Tuesday, the White House signaled that President Donald Trump believes it is now up to China—not the United States—to come back to the negotiating table on trade. This follows accusations that Beijing has backed…
Paris Saint-Germain narrowly booked their place in the UEFA Champions League semi-finals after surviving a pulsating second-half comeback from Aston Villa, progressing 5-4 on aggregate despite a 3-2 defeat on the night in Birmingham. The French champions looked to be cruising after a dominant opening spell saw full-backs Achraf Hakimi and Nuno Mendes extend their…
In a groundbreaking move that signals a shift in how telecoms and tech giants collaborate, MTN Group has announced a partnership with Meta aimed at enhancing the quality and reliability of real-time voice and video calls on platforms like WhatsApp. The collaboration, which began taking shape during the Mobile World Congress (MWC) 2024, is focused…
