Economy
ADC Slams Tinubu Over New N1.15tn Domestic Loan Approval
The African Democratic Congress (ADC) has strongly criticised the Federal Government’s recent approval of N1.15 trillion in domestic borrowing. The party says the...
Anthropic Commits $50 Billion to Us AI Data Centers in Deal with Fluidstack
Anthropic has announced a $50 billion plan to build data centres in the United States, partnering with Fluidstack to place facilities in Texas...
Dow Jones Declines by 800 Points Due to Uncertainty Over Federal Rate Cuts
Dow Jones Industrial Average experienced a significant decline, dropping 797.60 points, or 1.65%, to close at 47,457.22. This marked its steepest daily drop...
Trump Signs Government Funding Bill, Ending Shutdown After Record 43-Day Disruption
On November 12, 2025, President Donald Trump signed a government funding bill, effectively ending a historic 43-day federal shutdown that began on October...
Senate Backs Tinubu’s Plan to Borrow N1.15 Trillion for 2025 Budget Gap
The Nigerian Senate has given the green light to President Bola Tinubu’s request to borrow N1.15 trillion from within the country to help...
Efcc Declares Former Petroleum Minister Timipre Sylva Wanted over Alleged $14.8 Million Refinery Fund Diversion
The Economic and Financial Crimes Commission (EFCC) yesterday declared former Minister of State for Petroleum Resources, Chief Timipre Sylva, wanted over an alleged...
Trump Administration Requests Supreme Court to Suspend Order for Complete SNAP Benefits in November
The Trump administration has appealed to the U.S. Supreme Court to suspend a lower court's order requiring full funding for the Supplemental Nutrition...
South Africa and Nigeria Taken Off International Financial Crime Monitoring List
In a pivotal advancement for Africa's financial sector, the Financial Action Task Force (FATF) has delisted South Africa, Nigeria, Mozambique, and Burkina Faso...
South Africa and Nigeria Stripped from FATF ‘Grey List’ Following Enhanced Anti-Money Laundering Measures
The Financial Action Task Force (FATF) has officially removed South Africa, Nigeria, Mozambique, and Burkina Faso from its "grey list" of countries under...
Engaging with Africa is Serious Business, Warns Nigerian Minister
Nigerian Foreign Minister Yusuf Tuggar emphasized the importance of fostering respectful and mutually beneficial trade relationships between Africa and developed countries. He criticized...
