The United States’ national debt has reached a historic milestone, climbing to approximately $39.89 trillion, according to the latest figures released by the U.S. Treasury Department. The total places the country’s debt on the verge of surpassing the $40 trillion mark for the first time in American history. The rapid growth in federal borrowing highlights…
Tether has strengthened its position as one of the world’s largest institutional holders of digital and physical assets after purchasing an additional 1,800 Bitcoin valued at approximately $113 million, while also expanding its gold reserves during the second quarter of the year. According to the company’s latest quarterly attestation report, Tether now holds 98,936 Bitcoin,…
Nigerian-born scholar Oluwami Dosunmu-Ogunbi has made history by becoming the first Black woman to earn a PhD in Robotics from the University of Michigan, achieving a landmark milestone that highlights excellence, perseverance, and diversity in science and engineering. Dosunmu-Ogunbi received the historic recognition during the College of Engineering’s convocation ceremony, where she reflected on the…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has said that the Federal Government’s ongoing investment in road infrastructure is fueling rapid real estate development across Abuja, with new residential and commercial projects springing up along recently completed road corridors. Speaking after inspecting the construction of the access road leading to the FCT…
The United States Mission in Nigeria has advised Nigerians applying for U.S. visas not to submit passport photographs that have been altered using artificial intelligence (AI) or digital editing tools, warning that such images will not be accepted during the visa application process. In a statement shared on its official X account, the mission emphasized…
A Federal High Court in Lagos has sentenced two Chinese nationals to five years in prison after finding them guilty of conspiracy and illegal mining-related offences involving solid minerals intended for export from Nigeria. The convicts, Zhang Lin and Gao Hai, were prosecuted by the Economic and Financial Crimes Commission (EFCC) on a five-count charge…
The Federal Government has announced plans to make public the details of savings generated from the removal of fuel subsidies, as it continues to defend a series of economic reforms introduced to stabilize Nigeria’s economy. Speaking at the African Emerging Markets Forum in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Taiwo…
Italy has announced a temporary suspension of certain aspects of the European Union’s Schengen free movement arrangements with Spain, citing national security concerns following a recent surge of migrants into the Spanish enclave of Ceuta from neighboring Morocco. The measure, which will remain in effect for one month, is intended to strengthen border controls on…
The Federal Government has assured Nigerians that there are no immediate plans to increase electricity tariffs, stating that its current focus is on improving power supply, expanding access to electricity meters, and ensuring consumers are billed only for the energy they actually use. The assurance was given by the Minister of Power, Joseph Tegbe, during…
The Supreme Court of Nigeria has directed legal practitioners and court officials to discontinue the use of the title “Barrister“ as a prefix to their names in all official communications and engagements with the apex court. The directive was issued by the Chief Justice of Nigeria, Kudirat Kekere-Ekun, as part of ongoing efforts to strengthen…
