Nigerians could soon face a surge in the prices of premium energy products like diesel and petrol as the Dangote Petroleum Refinery temporarily suspends sales in Naira. In a statement on Wednesday, the $20 billion refinery—located in Lagos—explained that the move was necessary to avoid financial misalignment. “This decision is necessary to avoid a mismatch…
Israeli Prime Minister Benjamin Netanyahu has made it clear that negotiations with Hamas will only proceed under military pressure, following a series of intense airstrikes on Gaza that have reportedly killed over 400 people. In a televised address on Tuesday, Netanyahu emphasized that Israel’s military operations in the Palestinian territory were far from over, warning…
In a bold move to address the ongoing political turmoil in Rivers State, President Bola Tinubu has declared a state of emergency, suspending Governor Siminalayi Fubara, his deputy Ngozi Odu, and all members of the State House of Assembly for six months. This proclamation was made during a nationwide broadcast on Tuesday, citing the need…
Asian stock markets surged on Tuesday, buoyed by another strong session on Wall Street and renewed investor confidence in China’s economy. The rally came as fresh U.S. economic data eased recession fears, while Chinese tech stocks powered another impressive upswing in Hong Kong. Investor sentiment received a lift after Beijing announced a series of measures…
Russia’s defense ministry reported on Tuesday that its air defense units intercepted and destroyed 46 Ukrainian drones overnight, with most of them targeted over the Belgorod region near the Ukrainian border. According to a statement shared on the Telegram messaging app, 41 drones were shot down over Belgorod, while the remaining five were intercepted over…
Harvard University has announced a major expansion of its financial aid program, offering free tuition to students from families earning $200,000 or less annually. This initiative, set to take effect in the 2025 academic year, is part of Harvard’s ongoing commitment to making higher education more accessible, particularly for middle-income families, CNBC reported. Harvard President…
Gold prices soared past the critical $3,000 (Rs 2.6 lakh) mark on Tuesday, reaching an all-time high of $3,005.09 per ounce for the second time in a week. The surge comes as investors seek refuge from escalating economic uncertainties driven by U.S. President Donald Trump’s tariff policies. Historically regarded as a safe-haven asset during geopolitical…
Barely two months into his return to the White House, President Donald Trump has reignited trade conflicts on multiple fronts, targeting China, Canada, Mexico, and the European Union with aggressive tariff policies. His administration is now pushing for reciprocal tariffs on any country that imposes levies on U.S. imports, with new measures possibly taking effect…
U.S President Donald Trump declared on Monday that Iran would be held directly responsible for any future attacks by Yemen’s Tehran-backed Huthi rebels, who have repeatedly targeted U.S. and foreign ships in the Red Sea. Taking to his Truth Social platform, Trump made his stance clear: “Every shot fired by the Houthis will be looked…
In a landmark endorsement, Ghana’s President, John Dramani Mahama, has highlighted the potential of Solana cryptocurrency to transform Africa’s fintech landscape. Speaking at the African Fintech Summit in Accra over the weekend, President Mahama underscored the role of blockchain technology—particularly Solana’s low-cost, high-speed capabilities—in driving financial inclusion and innovation across the continent. President Mahama’s endorsement…
