Our latest news

As Christmas approaches, food inflation in Nigeria continues to rise sharply, with the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS) showing that Abuja and 19 states recorded food inflation rates above 40% in November 2024. The report highlights significant increases in food prices across several states, further aggravating the […]

Canada’s Minister of Finance Chrystia Freeland resigned in a surprise announcement. Photo: Fabrice COFFRINI / AFP/FileSource: AFP Canada’s Deputy Prime Minister Chrystia Freeland quit Monday in a surprise move after disagreeing with Justin Trudeau over US President-elect Donald Trump’s tariff threats. Freeland also stepped down as finance minister, and her resignation marked the first open […]

SoftBank chief executive Masayoshi Son, seen in November 2019, will announce his company’s US investment from Donald Trump’s Mar-a-Lago in Florida. Photo: Kazuhiro NOGI / AFP/FileSource: AFP The Japanese tech titan SoftBank will invest $100 billion in the United States, creating at least 100,000 jobs, US President-elect Donald Trump said Monday, in a boost to […]

Cameroonian President Paul Biya on Monday urged central African states to take “urgent action” to face the region’s “concerning” economic climate, in his first public appearance since late October. The 91-year-old strongman, who has been in power for 42 years and is the world’s oldest head of state, returned to Cameroon on October 21 after […]

The National Information Technology Development Agency (NITDA) has reiterated the critical role of data in driving Nigeria’s digital economy. At the 2024 Digital Nigeria Innovation Challenge in Abuja, the agency’s Director-General, Mallam Kashifu Inuwa, described data as “the new oil and lifeblood of the digital economy,” emphasizing its potential to transform sectors like healthcare, security, […]