In 1965, Singapore was at a crossroads. A small island with no natural resources, a struggling economy, and a population of two million people living in slums, it had just been expelled from Malaysia. Many believed Singapore would collapse under the weight of its own challenges. But one man had a different vision. Lee Kuan…
Dangote Refinery has announced a reduction in the ex-depot (gantry) price of petrol by N65 per litre, lowering it from N890 to N825 per litre. The new pricing will take effect from February 27, 2025. This adjustment comes as part of the refinery’s efforts to stabilize fuel prices in the country amid fluctuating global oil…
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…
American conservative commentator Matt Walsh has stirred controversy after doubling down on claims that Somalia suffers from widespread inbreeding, which he argues has a direct impact on the country’s average IQ. Walsh made the statement during a session on his Daily Wire program, The Matt Walsh Show, before reiterating his stance on X (formerly Twitter)…
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…
South Africa’s Competition Commission has placed major tech companies like Google and Meta (Facebook) under scrutiny, calling for a fairer distribution of revenue between digital platforms and local media companies. In its provisional Media and Digital Platforms Market Inquiry (MDPMI) report, the commission has proposed a 5%-10% tax on these digital giants if they fail…
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…