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Gold prices soared to a historic high on Monday, driven by growing market confidence that the U.S. Federal Reserve will extend its rate-cutting cycle into the coming year. In early trading, the spot price of gold reached an all-time peak of $4,383.76 per ounce, surpassing its previous record of $4,381.52 set in October. The…
A regional assembly in Japan on Monday backed the restart of the world’s largest nuclear power station—a landmark decision that brings the Kashiwazaki-Kariwa facility a step closer to generating electricity for the first time since the 2011 Fukushima disaster. The Niigata prefectural assembly approved a supplementary resolution endorsing Governor Hideyo Hanazumi’s earlier decision to…
Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations, in a move expected to ease fuel costs and stabilise Nigeria’s downstream petroleum market. The refinery announced the development in a statement issued on Sunday, describing the…
Vice President Kashim Shettima, speaking at the All Progressives Congress (APC) National Executive Committee meeting on Friday, declared that any challenge to President Bola Tinubu’s re-election in 2027 would be, in his assessment, an act of political futility. Addressing party leadership at the State House Conference Centre, Shettima framed the upcoming electoral contest as…
The trade volume between China and Nigeria has exceeded $22 billion, marking a significant milestone in the two countries’ growing economic relationship, China’s Ambassador to Nigeria, Yu Dunhai, announced on Thursday. Speaking at the 1st Annual China-Nigeria Government Exchange Program Alumni Reunion Gala in Abuja, Yu confirmed that 2025 trade figures have already surpassed those…
The Federal Government of Nigeria has cast doubt on reports that 11 detained Nigerian soldiers and their aircraft have departed Burkina Faso for Portugal, citing a new technical fault with the aircraft. The soldiers and their C-130 transport plane had been detained for over ten days following an emergency landing in Bobo-Dioulasso, reportedly…
Global Afrobeats icon Davido is set to perform at the official opening concert for the TotalEnergies Africa Cup of Nations (AFCON) 2025 in Rabat, Morocco, this Saturday. The announcement was made by the Confederation of African Football (CAF) on Thursday, unveiling a diverse international lineup designed to celebrate African culture and music ahead of the…
Global Afrobeats icon Davido is set to perform at the official opening concert for the TotalEnergies Africa Cup of Nations (AFCON) 2025 in Rabat, Morocco, this Saturday. The announcement was made by the Confederation of African Football (CAF) on Thursday, unveiling a diverse international lineup designed to celebrate African culture and music ahead of the…
As he marks six years at the helm, Arsenal manager Mikel Arteta asserts that his transformational project has positioned the club squarely among the elite, primed to compete for the game’s highest honors. With Arsenal leading the Premier League table, the Spaniard’s long-term rebuild has crystallized into sustained contention, shifting the club’s trajectory from top-four…
The Nigeria Sovereign Investment Authority (NSIA) has surpassed the $3 billion mark in total assets, signaling a maturation from its foundational mandate as a stabilization fund into a sophisticated architect of national economic systems. Established over a decade ago by an Act of Parliament to manage Nigeria’s sovereign wealth, the Authority has evolved into a…
