CPPE forecasts slight inflation moderation in 2025 due to Naira rebound and lower volatility. Rising global oil prices under Trump could ease inflation. High energy costs, insecurity, and global factors may keep inflation elevated. The Centre for the Promotion of Private Enterprise (CPPE) has predicted that Nigeria’s inflation may ease slightly in 2025. In a … Read more
Israel’s military carried out lethal airstrikes on Houthi targets in Yemen early Thursday, following the latest assault by the Iran-backed group on Israeli territory. According to Nasruddin Amer, deputy head of the Houthi media office, nine people were killed and three others injured in strikes that hit a port and an oil facility near Yemen’s … Read more
President Bola Ahmed Tinubu and First Lady Oluremi Tinubu have left Rio de Janeiro, Brazil, after attending the 2024 G20 Leaders’ Summit. During the event, President Tinubu engaged in bilateral talks to bolster Nigeria’s socio-economic reform agenda. The summit, hosted by Brazilian President Luiz Inácio Lula da Silva, revolved around the theme: “Building a Just … Read more
Ukrainian President Volodymyr Zelensky called on Europe to “push Russia harder” during a speech marking 1,000 days since Vladimir Putin’s full-scale invasion of Ukraine. “The more time he [Putin] has, the worse the conditions become,” Zelensky told a special session of the European Parliament on Tuesday, urging continued pressure to force Russia toward a “just … Read more
Sir Keir Starmer met Chinese President Xi Jinping during the G20 summit in Brazil, highlighting the significance of a “strong UK-China relationship” for both nations. This marks the first face-to-face meeting between a UK prime minister and the Chinese president since 2018. Ahead of the discussions, Sir Keir stressed the importance of engaging with China … Read more
Chinese President Xi Jinping has expressed a commitment to collaborating with incoming U.S. President Donald Trump following his final meeting with outgoing leader Joe Biden. The two leaders convened on Saturday at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, where they reflected on the “ups and downs” of U.S.-China relations during Biden’s tenure. Despite … Read more