Nigeria may face a tough road ahead in attracting significant foreign investment this year, as the country grapples with the impact of negative real interest rates. This challenge arises from inflation consistently outpacing interest rates, according to the latest report by PricewaterhouseCoopers (PwC) International Limited, titled “2025 Nigerian Budget and Economic Outlook.” PwC’s report highlights…
Israel has accused Hamas of breaching the terms of a ceasefire agreement that came into effect a week ago. The truce, which had initially raised hopes for a de-escalation, has facilitated the release of seven hostages and dozens of Palestinian prisoners. In a statement released on Sunday, the office of Israeli Prime Minister Benjamin Netanyahu…
China is ramping up its efforts to strengthen the equity market amid mounting economic challenges and global uncertainties. The China Securities Regulatory Commission (CSRC) recently unveiled a series of measures aimed at expanding the role of index investment products in the capital market, signaling a renewed commitment to economic stability and investor confidence. The CSRC…
President Donald Trump has wasted no time making waves in his first week back in office. After taking the oath on Monday, the Republican leader hit the ground running, revisiting campaign promises and reversing numerous policies set by his predecessor, Joe Biden. His agenda is ambitious, from addressing disaster relief to proposing tax reforms that…
The devastating impact of the Israel-Hamas war has set Gaza’s development back by six decades, according to the United Nations. Achim Steiner, head of the UN Development Programme, emphasized the immense challenges ahead, as the conflict has left an overwhelming majority of Gaza’s infrastructure in ruins. Approximately 65–70% of Gaza’s buildings have been either completely…
In a tragic incident near the Turkish-Iraqi border, the two countries has united to fight terrorism following two Iraqi border guards that lost their lives, and another that injured in a shooting attributed to the Kurdistan Workers’ Party (PKK), an outlawed group known for its insurgency against Turkey. The attack occurred on Friday in Iraq’s…
The Official Trump meme coin has suffered a dramatic collapse, reaching an all-time low of $27 on Saturday, a staggering 63% drop from its peak. The token’s market capitalization has plummeted from a remarkable $14 billion to just $5.3 billion, leaving many retail investors grappling with losses. On-chain data reveals that the token’s most profitable…
Manchester United have announced that Brazilian winger Antony has completed a loan move to La Liga side Real Betis. The 24-year-old will spend the remainder of the 2024/25 season with Manuel Pellegrini’s team, with the transfer pending final international clearance. Antony, who arrived at United in a high-profile £85 million ($99 million) move from Ajax,…
The chairman of the European Union Military Committee, Robert Brieger has suggested stationing European troops in Greenland. In an interview with Germany’s Welt am Sonntag, Brieger suggested it “would make perfect sense” for EU forces to be stationed on the Danish autonomous territory, alongside U.S. troops already present. This proposal comes amidst heightened international interest…
U.S. President Donald Trump has appointed two Indian Americans, Ricky Gill and Saurabh Sharma, to key positions as special assistants in his team, focusing on national security and personnel matters. Ricky Gill will play a critical role in U.S. relations with India as the Senior Director for South and Central Asian Affairs at the National…
