In a recent development that has rattled Nigeria’s crypto space, the Economic and Financial Crimes Commission (EFCC) has declared eight individuals wanted over their alleged involvement in a fraudulent investment scheme tied to an online trading platform, Crypto Bridge Exchange (CBEX). The EFCC made the announcement on Friday, naming four Nigerians — Seyi Oloyede, Emmanuel…
In a major push to revolutionize Nigeria’s agricultural landscape, the Federal Government is preparing to unveil the National Agribusiness Policy Mechanism (NAPM)—a comprehensive initiative designed to increase productivity, stabilize food prices, and strengthen economic growth. The NAPM will focus on data-driven agricultural reforms, real-time analytics, and enhanced collaboration between federal, state, and local governments. The…
Brazilian winger Antony has found his spark again in Spain, enjoying a productive loan spell with Real Betis after a tough season at Manchester United. Since his six-month move to the Benito Villamarín Stadium, the 24-year-old has impressed under the guidance of Manuel Pellegrini, notching nine goal contributions in 18 appearances across all competitions. With…
In a possible step toward easing tensions in the ongoing U.S.-China trade war, China has reportedly exempted select American products from its steep retaliatory tariffs. While this move sparked hope that a truce might be on the horizon, conflicting signals from both sides suggest the situation remains far from resolved. On Friday, several U.S. business…
In a bold move set to reshape America’s approach to rare earth mineral extraction, President Donald Trump signed an executive order authorizing the expansion of U.S. deep-sea mining efforts. The order paves the way for extensive operations both in domestic and international waters, aiming to bolster the nation’s access to critical minerals essential for defense,…
Global stock markets saw another wave of optimism this week, with European and Asian equities eyeing a second straight week of gains. Meanwhile, the U.S. dollar, after a rough month, finally found its footing. The main driver? Renewed hopes that the U.S. and China are easing back from the edge of their trade war. Investors…
Despite its abundant natural resources, Nigeria is at risk of seeing more of its citizens fall into extreme poverty by 2027, according to the latest Africa’s Pulse report from the World Bank. The report was released during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C. Sub-Saharan…
Nigeria, Africa’s top oil producer, is facing a worrying scenario as a large volume of its crude oil remains unsold just weeks before scheduled shipments. With over 80 million barrels of oil — including popular blends like Bonny Light, Forcados, Qua Iboe, and Escravos — still searching for buyers for April and May 2025, the…
In the face of growing financial uncertainty and escalating political tension, Harvard University is reportedly in advanced discussions to sell about $1 billion worth of its private equity holdings, marking one of the largest such moves by a U.S. university endowment. The planned sale comes as Harvard grapples with mounting liquidity challenges, a sluggish private…
The Federal Bureau of Investigation (FBI) has sounded the alarm on a troubling rise in financially driven sextortion crimes — a crisis that has cost Americans nearly $65 million in just two years. Even more devastating, these crimes have been linked to a growing number of suicides among vulnerable young victims. In a bold and…
