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admin19 December 2024

Dangote Petroleum Refinery has announced a much-needed price cut for Premium Motor Spirit (PMS), commonly known as petrol, reducing the ex-depot price to below ₦900 per litre. This price reduction comes as a relief to millions of Nigerians who have been struggling with soaring fuel costs, especially as the holiday season approaches. In a statement […]

admin19 December 2024

Residents of Monrovia were startled Wednesday morning by thick plumes of black smoke and flames billowing from the Capitol building. The fire, which engulfed the entire joint chambers of the legislature, occurred when the building was empty, and fortunately, no one was inside at the time. In the aftermath, four individuals, including Speaker Jonathan Fonati […]

admin19 December 2024

In a pivotal move, the US Supreme Court has agreed to hear TikTok’s final legal challenge against a looming ban in the United States. The popular social media app, owned by Chinese tech giant ByteDance, has been at the center of controversy over alleged ties to the Chinese government; claims that both TikTok and ByteDance […]

admin18 December 2024

Japan’s automotive industry is on the brink of a potential transformation as Honda and Nissan are reportedly in discussions to deepen their ties, including the possibility of a merger. This move, revealed by anonymous sources, underscores the increasing pressure Japanese automakers face from rivals like Tesla and Chinese electric vehicle (EV) makers. A potential merger […]

admin18 December 2024

In a strategic move to protect local industries and strengthen its economic resilience, Canada is set to impose fresh tariffs on a range of Chinese imports starting in early 2024. This development was revealed in the federal government’s mid-year fiscal update, reflecting an ongoing effort to counteract the impact of cheap foreign goods on the […]

admin18 December 2024

In a significant move toward strengthening Nigeria’s economic sovereignty, the Senate has introduced a bill aimed at banning the use of foreign currencies for transactions and payments within the country. The proposed legislation, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, to Prohibit the Use of […]

admin17 December 2024

The Economic Community of West African States (ECOWAS) Commission has launched the US$365 million Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus (SWEDD+) project, a regional initiative aimed at empowering women and girls across the Sahel and beyond. Nigeria is among the countries set to benefit from this expanded program, which builds on the success […]

admin17 December 2024

The Democratic Republic of Congo (DRC) has filed criminal complaints against Apple and its subsidiaries in France and Belgium, accusing the tech giant of using conflict minerals in its supply chain. The lawsuit focuses on tin, tantalum, tungsten, and gold referred to as 3TG minerals are extracted from artisanal mines in Congo, some of which […]

admin17 December 2024

The Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects during a raid on a building in Lagos believed to be a major hub for international fraud operations. The suspects, who allegedly lured victims with false romance offers and coerced them into investing in phoney cryptocurrency schemes, were apprehended on December 10. According to […]

admin17 December 2024

Farmers in Ivory Coast’s key cocoa-growing regions have raised concerns about inadequate rainfall and increased heat, which they say could negatively impact the development of the October-to-March main crop. The world’s largest cocoa producer is currently in its dry season, which lasts from mid-November to March and is characterized by limited rainfall. Reports from farmers […]

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Dangote Petroleum Refinery Slashes PMS Price to Offer Relief Amidst Nigeria’s Fuel Struggles

Fire Ravages Liberia’s Capitol Building Amid Political Turmoil

US Supreme Court to Hear TikTok’s Last-Ditch Appeal Against Ban

Honda and Nissan in Talks for Possible Merger Amid Growing Competition

Canada to Impose New Tariffs on Chinese Imports in 2024

Senate Proposes Ban on Foreign Currency Transactions in Nigeria

ECOWAS Launches US$365 Million SWEDD+ Project to Empower Women and Girls Across Sub-Saharan Africa

Democratic Republic of Congo Files Criminal Complaints Against Apple for Allegedly Using Conflict Minerals

EFCC Arrests 792 Suspects in Major Raid on Alleged Fraud Hub in Lagos

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