Written by The US government shutdown dragged into a third week on Monday, with Congress gridlocked in a clash over spending and no resolution in sight to a crisis that has already cost thousands of jobs. With hundreds of thousands of federal employees already on enforced leave, President Donald Trump is following through on threats to take … Continue reading “US Govt Shutdown Inflicts Increasing Pain As It Enters Third Week”
Nigeria’s crude oil production dropped to 1.39 million barrels per day (bpd) in September 2025, newly published data by the Organization of the Petroleum Exporting Countries (OPEC) has shown. This represented an output loss of about 45, 000 barrels per day in the month under review. Analysis of the data contained in the Organisation’s … Continue reading “Nigeria’s Oil Production Fell To 1.3mb/d In September — OPEC”
Palestinian president Mahmud Abbas will attend the summit on Gaza that will take place in Egypt later Monday, French President Emmanuel Macron said. The summit, co-chaired by US President Donald Trump and Egypt’s Abdel Fattah al-Sisi, will see more than 20 leaders gather to mark the Gaza ceasefire and the return of Israeli hostages in … Continue reading “Palestinian President Abbas To Attend Gaza Summit —Macron”
Israel said that the last 20 living hostages released by Hamas on Monday had arrived in the country. “Welcome home,” the foreign ministry wrote in a series of posts on X, hailing the return of Matan Angrest, Gali Berman, Ziv Berman, Elkana Bohbot, Rom Braslavski, Nimrod Cohen, David Cunio, Ariel Cunio, Evyatar David, Guy Gilboa … Continue reading “JUST IN: All Surviving Gaza Hostages Back Home — Israel”
No country has ever won the World Cup with a foreign-born coach but Carlo Ancelotti said Monday that there was “always a first time” as he eyes glory with Brazil. The Italian became Brazil’s first overseas coach in six decades when he took over in May, and he helped the five-times champions punch their ticket … Continue reading “Ancelotti Ready To Make World Cup History With Brazil”
Hamas handed over the 20 surviving Israeli hostages to the Red Cross in two separate groups, as part of a Gaza ceasefire deal. US President Donald Trump arrived in Israel for a trip which will also take him to Egypt, where he will co-host a Gaza summit with his Egyptian counterpart Abdel Fattah al-Sisi. … Continue reading “Latest Developments In The Gaza Ceasefire”
Riding on the back of improved liquidity, the naira rose at the official market last week, climbing by 0.72 per cent (or N10.5) to close at 1,455.17/$, according to data from the Central Bank of Nigeria (CBN). At the parallel market, the naira strengthened 0.88 per cent to 1,475/$. The leap was the strongest … Continue reading “Naira Extends Gains On Strong FX Inflows”
At least 40 people, including nationals of Malawi and Zimbabwe, were killed when a passenger bus rolled down an embankment in South Africa, a provincial transport minister said Monday. The bus travelling to Zimbabwe crashed around 90 kilometres (55 miles) from the border on Sunday after the driver apparently lost control, Limpopo province transport … Continue reading “At Least 40 Killed In South Africa Bus Crash”
The Federal Government on Monday said it has addressed “every request” made by the Academic Staff Union of Universities (ASUU). It appealed to the lecturers to return to the classrooms, adding that there was no need for the union to go on strike. “We have addressed every single request by ASUU; there is no … Continue reading “We’ve Addressed Every Request By ASUU, There’s No Need For Strike — FG”
Nigeria’s September 2025 Purchasing Managers’ Index (PMI), a gauge for manufacturing sentiments, rose to 54.0 points, signaling sustained expansion in aggregate economic activity for the tenth consecutive month. According to the report released by the Central Bank of Nigeria (CBN), the PMI climbed to 54.0 index points in September, compared with 51.7 index points … Continue reading “PMI Soars To 54.0 In September — CBN”