In an era where wealth dictates access and mobility, citizenship-by-investment (CBI) programs have become an attractive option for affluent individuals seeking alternative passports. Recently, former U.S. President Donald Trump announced a new ‘Gold Card’ policy that would offer foreign investors a direct pathway to U.S. citizenship for a $5 million investment. This move has sparked…
Nigeria’s Gross Domestic Product (GDP) expanded by 3.84% year-on-year in real terms during the fourth quarter of 2024, marking a significant improvement over the 3.46% recorded in Q4 2023 and the third quarter of 2024. This growth was primarily driven by the robust performance of the services sector, which grew by 5.37% and contributed 57.38%…
The Federal Government’s decision to reroute the Lagos-Calabar Coastal Highway inland to avoid constructing multiple bridges across five states has sparked criticism from Nigerians, who argue that the move undermines the project’s original intent. Minister of Works David Umahi revealed on Sunday during a stakeholders’ engagement meeting in Lagos that the highway’s alignment is being…
Zimbabwe is set to launch its third earth observation satellite, ZimSat-3, just months after successfully deploying its second satellite, ZimSat-2. This rapid progression marks a significant milestone for the country’s space ambitions as it seeks to leverage satellite technology for national development. The Southern African nation is also working on several communication satellites aimed at…
Qatar, a small but incredibly wealthy Gulf nation, has been steadily expanding its global footprint through strategic investments in real estate, finance, sports, and technology. With only about 331,000 citizens, Qatar is a nation that punches well above its weight in global affairs. One of its most powerful tools is the Qatar Investment Authority (QIA),…
The Nigerian government has reportedly spent approximately $8 billion in its ongoing efforts to stabilize the naira, yet the currency remains under pressure as inflation and forex volatility persist. This revelation was made by Bismarck Rewane, CEO of Financial Derivatives Company, during an interview on Channels Television’s News at 10 on Friday. Rewane emphasized the…
The Bybit hack is officially the largest crypto heist in history, with over $1.46 billion stolen. This accounts for 16% of all previous crypto hacks combined. The magnitude of this breach is unprecedented, shaking confidence in crypto security. Here’s what happened, what we know so far, and why this event could change everything. The Timeline…
In the volatile world of cryptocurrency, security breaches and hacks are unfortunate but frequent occurrences. However, the way a company responds to such crises determines its long-term credibility and survival. Bybit recently found itself in the midst of the largest hack in crypto history, but instead of succumbing to panic and confusion, the company executed…
In 2018, Burger King pulled off one of the most ingenious marketing stunts in fast food history. Faced with the challenge of competing against McDonald’s, which had twice as many locations in the U.S., Burger King turned to creativity rather than convenience. The result? A wildly successful campaign called “The Whopper Detour” that led to…
Ghana’s National Daily Minimum Wage (NDMW) has been increased by 10%, rising from GH₵18.15 to GH₵19.97. The announcement was made by the National Tripartite Committee (NTC) in compliance with Section 113 (1) (a) of the Labour Act, 2003 (Act 651). This increment is part of ongoing efforts to mitigate the rising cost of living and…