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The Nigerian Senate has passed the 2025 Appropriation Bill, approving an unprecedented national budget of ₦54.99 trillion. This figure represents a significant increase from the ₦49.7 trillion initially proposed by President Bola Tinubu, reflecting adjustments made to accommodate additional revenue projections. The budget encompasses allocations for statutory transfers, recurrent and capital expenditures, and debt servicing,…

Abiola03 mins

Nigerian Senate Approves Record-Breaking ₦54.99 Trillion Budget for 2025

World News

1 year ago1 year ago

Robert F. Kennedy Jr. Confirmed as U.S. Health Secretary

The Republican-controlled U.S. Senate has confirmed Robert F. Kennedy Jr. as the new Secretary of Health and Human Services (HHS). Despite fierce opposition from the medical community due to his history of promoting vaccine misinformation and conspiracy theories, Kennedy secured the role with a narrow 52-48 vote. His confirmation marks a significant and controversial addition…

Abiola04 mins

Robert F. Kennedy Jr. Confirmed as U.S. Health Secretary

World News

1 year ago1 year ago

Court Sentenced Former Governor to 12 Years for Corruption

In a significant win for Kenya’s anti-corruption efforts, former Kiambu Governor Ferdinand Waititu has been sentenced to 12 years in prison for fraud and conflict of interest. The ruling, delivered on Thursday by a Nairobi court, marks one of the highest-profile convictions in the country’s fight against graft. Waititu, who served as governor of Kiambu…

Abiola03 mins

Court Sentenced Former Governor to 12 Years for Corruption

World News

1 year ago1 year ago

Trump Set to Unveil New Reciprocal Tariffs Tonight

U.S. President Donald Trump once again signaled his intent to escalate trade tensions, posting an early morning message on Truth Social that underscored his commitment to imposing “reciprocal tariffs.” The post, made at 6:46 AM EST (5:16 PM IST) on Thursday, came just hours before his scheduled meeting with Indian Prime Minister Narendra Modi in…

Abiola04 mins

Trump Set to Unveil New Reciprocal Tariffs Tonight

World News

1 year ago1 year ago

US Judge Lifts Freeze on Trump Federal Worker Buyout Plan

A U.S. judge has lifted the temporary hold on a controversial federal worker buyout plan, delivering a win for President Donald Trump’s initiative to drastically reduce the government workforce. The ruling clears the way for the mass buyout program, which has already led tens of thousands of federal employees to consider their options. U.S. District…

Abiola04 mins

US Judge Lifts Freeze on Trump Federal Worker Buyout Plan

Finance

1 year ago1 year ago

Canada’s Stock Market Slips as Tech Stocks Struggle Amid U.S. Inflation Concerns

Canada’s main stock index took a hit on Wednesday, dragged down by technology stocks, after a key U.S. inflation report dampened hopes for interest rate cuts by the Federal Reserve this year. The S&P/TSX Composite Index dropped 0.46%, closing at 25,514.73, as investors reacted to the latest economic data from the U.S. New figures revealed…

Abiola04 mins

Canada’s Stock Market Slips as Tech Stocks Struggle Amid U.S. Inflation Concerns

World News

1 year ago1 year ago

Tulsi Gabbard Confirmed as Director of National Intelligence

The U.S. Senate has confirmed Tulsi Gabbard as the new Director of National Intelligence (DNI) under the Trump administration. While she lacks direct experience in intelligence oversight, Gabbard brings a distinctive blend of military and legislative experience to one of the most critical national security roles in the country. Gabbard, a former U.S. Representative from…

Abiola03 mins

Tulsi Gabbard Confirmed as Director of National Intelligence

World News

1 year ago1 year ago

Trump Calls for Interest Rate Cuts Amid New Tariffs

In a move that has once again put him at odds with the Federal Reserve, President Donald Trump on Wednesday called for interest rate cuts, arguing that lower rates would complement his administration’s latest round of tariffs. “Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!!” Trump wrote in…

Abiola03 mins

Trump Calls for Interest Rate Cuts Amid New Tariffs

Finance

1 year ago1 year ago

Fed Chair Jerome Powell Pledges to Address Crypto Debanking Concerns

In a significant development for the crypto industry, Federal Reserve Chair Jerome Powell acknowledged concerns over the debanking of crypto businesses and suggested it was time for regulators to reassess the issue. Speaking before the Senate Banking Committee on February 11, Powell responded to growing criticism that crypto firms are being unfairly denied access to…

Abiola03 mins

Fed Chair Jerome Powell Pledges to Address Crypto Debanking Concerns

Finance

1 year ago1 year ago

EU Vows Retaliation Against Trump’s New Tariffs

The brewing tensions between the European Union and the United States have escalated once again, as U.S. President Donald Trump announced sweeping tariffs on all steel and aluminum imports. The move, which raises tariffs to 25% without exemptions, has sparked fresh fears of a trade war, prompting a strong response from European Commission President Ursula…

Abiola04 mins