Babatunde Junaid

Hamas Urges Iran to Spare Neighbours as War Escalates

Hamas Urges Iran to Spare Neighbours as War Escalates

Hamas issued a rare plea to Tehran on Saturday, calling on its primary benefactor to avoid targeting neighbouring Arab countries while maintaining Iran’s right to defend itself against the United States and Israel. The statement arrives as the Middle East conflict enters a more volatile phase, marked by Iranian missile barrages on Israel and retaliatory…

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Nigerian Rice Industry Crumbles as Imports Hit N51bn

Nigerian Rice Industry Crumbles as Imports Hit N51bn

Nigeria spent N51 billion ($34.4 million) on foreign rice in 2024, signaling a sharp reversal of the self-sufficiency gains claimed by the previous administration. Data from UN Comtrade confirms that local rice has become uncompetitive against cheaper imports. High production costs and expensive energy are pricing Nigerian farmers out of their own market. President Bola…

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Middle East: Flight Fares Soar as War Traps Thousands

Middle East: Flight Fares Soar as War Traps Thousands

A desperate exodus is underway across the Middle East as the United States-Israeli conflict with Iran grounded commercial aviation. Tens of thousands of travellers are stranded following the cancellation of over 23,000 flights since Saturday. Airspace closures have funneled the remaining traffic through a few strained hubs in Dubai, Riyadh, and Muscat. Panic is rising…

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Middle-East War Threatens Global Economy, IMF Chief Warns

Middle-East War Threatens Global Economy, IMF Chief Warns

The assassination of Iran’s Supreme Leader has plunged global markets into a “prolonged period of flux,” the head of the IMF warned on Thursday. Kristalina Georgieva told the “Asia in 2050” conference in Bangkok that the escalating conflict between Iran, Israel, and the United States is a severe test of global economic resilience. Brent crude…

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