Tesla Loses Top Spot as BYD Overtakes in Global EV Sales Tesla has reported lower-than-expected vehicle sales in the fourth quarter of 2025, losing its...
FG Targets One Exportable Product per LGA as Nigeria Deepens AfCFTA Push in 2026 The Federal Government has unveiled plans to deepen Nigeria’s participation in...
Understanding Nigeria’s Tax Reforms from the Diaspora Lens, by Boniface Ihiasota Over the past year, Nigeria’s fiscal landscape has undergone one of its most significant...
Taxation and the Nigerian Diaspora For Nigerians in the diaspora, taxation has recently taken on a renewed urgency, shaped by Nigeria’s evolving fiscal reforms and...
Royal Navy Intercepts Russian Warship Amid Surge in Moscow’s Naval Activity The United Kingdom says it is witnessing a sharp uptick in Russian military movements...
US Government Shutdown Grounds Flights as Air Travel Faces “Trickle” Threat Air travellers in the United States continue to face severe disruptions for a third...
U.S. Air Travel in Crisis as 13,000 Air Traffic Controllers Work Without Pay Amid Government Shutdown The United States is facing a deepening aviation crisis...
Gold Rush Chaos Rocks Northwestern Zambia A sudden gold rush in northwestern Zambia has degenerated into violence as thousands of fortune seekers stormed the region...
U.S. Yields to Pressure, Drops Mali from Visa Bond List The United States has quietly withdrawn Mali from its controversial Visa Bond Pilot Programme, ending...
Finally, US, China End Trade War The United States and China have reached a framework agreement for a potential trade deal expected to be finalised...
U.S. Government Shutdown Enters Third Week as Partisan Divide Worsens The political standoff in the United States has deepened as the government shutdown entered its...
Trump-Xi Meeting to Hold Despite Rising Trade Wars Despite renewed trade tensions between the United States and China, plans for a high-profile meeting between US...
Explore Hutu Exclusive by Mshel Homes Nigeria’s real estate market is soaring, and according to a 2024 report by Knight Frank, properties in Abuja appreciate...
Dangote vs PENGASSAN: When Labour Rights Collide with National Dreams By Alabidun Shuaib AbdulRahman The simmering conflict between the Petroleum and Natural Gas Senior...
NNPC Targets $60bn Investment as It Expands Upstream Oil, Gas Projects Nigeria’s national oil company, NNPC Ltd., is ramping up efforts to boost upstream oil...
Dollar Rebounds as Traders Eye Possible Fed Rate Cut in September The U.S. dollar staged a rebound on Monday, gaining ground against major currencies after...
IEA Warns of Record Oil Glut in 2026 as Supply Outpaces Demand Growth Global oil markets are headed for a record supply surplus next year,...
Dangote Inches Closer to Historic $30bn Net Worth Mark Africa’s richest man, Aliko Dangote, is edging closer to the historic $30 billion milestone, with Bloomberg’s...
NNPC Exits Buhari-Era Road Tax Credit Scheme After N1.4trn Contribution The Nigerian National Petroleum Company Limited (NNPC) has formally withdrawn from the Road Infrastructure Tax...
Singapore Deepens Trade and Investment Ties with Africa Singapore is stepping up efforts to strengthen its economic ties with Africa, leveraging the continent’s rapid urbanisation,...
NNPC Boss Assures Speedy Delivery of $2.8bn AKK Gas Pipeline Project The Group Chief Executive Officer of Nigerian National Petroleum Company Ltd, Bayo Ojulari, has...
Japanese Investors Eye Africa’s Growth Story Africa is increasingly becoming a topic of interest in Japanese boardrooms, with investors and financial institutions looking to tap...
ACTIF 2025: Amb. Tochil Nwaneri in Attendance as Africa, Caribbean Sign $290 Million Deals Africa and the Caribbean have taken significant steps towards strengthening their...
U.S. Sanctions Hit Firms Across Asia, Middle East Over Iran Oil Links In a fresh move to intensify pressure on the Iranian regime, the United...
NNPC Remits N6.96 Trillion to Federation Account in Five Months The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a total remittance of N6.96...
The European Union (EU) and the Government of Liberia have signed a significant €25 million financing agreement to support private sector development in the country. The...
Africa’s richest man, Aliko Dangote, is set to retire as Chairman of the Board of Directors of Dangote Sugar Refinery Plc, effective June 16, 2025. Dangote’s...
The Chair of the CARICOM Council for Trade and Economic Development (COTED), Hon. Kerrie Symmonds, has emphasized the critical role of the Council in addressing the...
Foreign investment outflow from the Nigerian stock market (NGXchange) has risen by 250.86 percent, Quarter-on-Quarter, QoQ, to N420.37 billion in the first Quarter, Q1’25, from N119.81...
Liberia’s Minister of Commerce and Industry, Magdalene E. Dagoseh, has highlighted the country’s immense investment potential at the 2025 Liberia Investment Conference. The two-day forum, which...
The Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that preparations for the launch of the $5 billion African Energy...
The Federal Bureau of Investigation (FBI) has sounded the alarm on a growing threat in the cryptocurrency space: investment scams. According to the FBI’s Internet Crime...
In a remarkable crew-swap mission, a SpaceX capsule successfully docked at the International Space Station (ISS) on Sunday, delivering four astronauts and paving the way for...
In today’s interconnected world, cybercriminals are be-coming increasingly adept at exploiting vulnerabilities in personal devices to extract sensitive information from unsuspecting victims. As hacking attempts grow...
Nigerian banks’ rush to upgrade their core banking systems has caused confusion and frustration for many customers. With banks upgrading to more secure software, the lack...
As Nigeria commemorates its 64th Independence anniversary, the stark contrast between celebration and the persistent challenges of corruption, mismanagement, and unfulfilled promises becomes evident. The editorial...
In a significant blow to Scotland’s energy sector, the 100-year-old Grangemouth refinery is set to close in 2025, citing its inability to compete with modern plants...
A luxury jet owned by the Nigerian government has been repossessed by a Chinese firm, Zhongshang Fucheng Industrial Investment Ltd, in Canada. The Bombardier 6000 type...
A 2,492-carat raw diamond discovered in Botswana could be the second-largest gem-quality example ever unearthed. Canadian mining company Lucara Diamond Corp recovered the “exceptional” stone from...
In a landmark transaction valued at $783 million, Oando PLC has successfully acquired 100% of the shareholding interest in Nigerian Agip Oil Company (NAOC) from Italian...
Ajayi Joshua Oluwatobi is a 36-year-old trailblazer revolutionizing the automotive industry with his innovative spirit and relentless drive. Born in 1988, he attended Nigeria Navy School...
In the business world, formal education and prestigious degrees often equate to success. However, several influential African CEOs have defied this conventional path, achieving prosperity through...
Tesco is recalling its “melt in the middle” meat-free burgers due to a potential “burn risk” to customers when eating them. The supermarket urges anyone who...
Vice President Kamala Harris has proposed a ban on “price gouging” by food suppliers and grocery stores, aiming to tackle high grocery prices and inflation. The...
I n a bold move to cut down on wedding expenses, newlyweds Nova and Reemo Styles turned their nuptials into an unforgettable New York City adventure,...
In the business world, formal education and prestigious degrees often equate to success. However, several influential African CEOs have defied this conventional path, achieving prosperity through...
Nigeria Launches $500 Million Domestic Bond To Boost Economic Growth The Federal Government of Nigeria is set to launch a $500 million domestic bond on Monday,...
The Jrue and Lauren Holiday Social Impact Fund (JLH Fund) and Jaylen Brown’s nonprofit, the Boston Xchange (BXC), have launched the Boston Creator Incubator + Accelerator,...
The Organisation of Petroleum Exporting Countries (OPEC) has indicated that the products from Nigeria’s Dangote Refinery, the world’s largest single-train refinery, will exert significant pressure on...
The World Bank has issued a stark warning that more than 100 countries, including South Africa, India, Brazil, and China, risk becoming stuck in a “middle-income...
Flutterwave, a leading payments technology company, has been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana, marking a significant expansion of...
A recent survey conducted by Charles Schwab found that Americans still believe they need to save $1.8 million for a comfortable retirement, unchanged from last year....
Vice President Kamala Harris has been a consistent advocate for student loan forgiveness and relief measures throughout her career. As the potential Democratic nominee for the...
The African Development Bank (AfDB) Group has approved a $500 million loan to Nigeria to finance the first phase of the Economic Governance and Energy Transition...
In a move set to revolutionize the search engine landscape, OpenAI has launched SearchGPT, an AI-powered search engine designed to challenge Google’s dominance. This innovative tool...
A punishing heatwave sweeping across the United States has led to a surge in electricity prices, with the average cost of electric bills rising by 4.4%...
Access Bank has announced a significant achievement in its efforts to promote financial inclusion in Nigeria, with its QuickBucks platform disbursing over N740 billion in digital...
Nigerian manufacturers have expressed strong opposition to the recent interest rate hike, warning of severe consequences for the manufacturing sector and the country’s economic growth. The...
Actors have gone on strike in the video games industry, citing concerns over the increasing use of artificial intelligence (AI) and its impact on their jobs....
The Federal Government has approved a proposal by Eni, an Italian oil company, to sell its stake in Agip Oil Company to a firm linked to...
The Federal Government has approved a proposal by Eni, an Italian oil company, to sell its stake in Agip Oil Company to a firm linked to...
The United Kingdom’s newly appointed Home Secretary, Yvette Cooper, has denounced the government’s delayed migrant relocation scheme to Rwanda, calling it “unworkable” and “unsustainable”. The scheme,...
The Nigerian government has announced plans to sell $500 million worth of dollar-denominated securities to attract foreign exchange from the diaspora and strengthen the naira. The...
United States Secretary of Commerce, Gina Raimondo (left), and Minister of Industry, Trade and Investment Doris Uzoka-Anite, at the signing of a memorandum of understanding between...
Smith Choates Holdings, LLC, and Urban Icon International have announced a groundbreaking partnership to develop state-of-theart sports arenas and hotels across several key African cities. This...
A company owned by former US President Donald Trump has sparked controversy by releasing a limited edition sneaker featuring an image of Trump’s bloodied face. The...
African Brands, a leading brand growth promoter, is set to recognize the immense contributions of financial technology firms to financial inclusion in Africa at the fifth...
In a move that highlights the growing importance of digital technology in Nigeria’s economic development, C, has been appointed to the committee of the European DIGITAL...
In a bid to revitalize its tourism industry, Thailand has announced visa-free entry for citizens of 93 countries, effective immediately. This move aims to attract more...
In a significant shift, young Chinese professionals are turning away from traditional careers in favor of non-traditional jobs, as the country’s economic landscape continues to evolve....
Jennifer Yhaye, a 20-year-old Ivorian woman, has made history by becoming one of the youngest female airline pilots in Africa. Her remarkable journey began at Morning...
A 400-level student at the University of Ilorin, Qudus Owoyemi, has made history by setting a new Guinness World Record for the fastest time to complete...
The United Kingdom has appointed Mark Smithson as the new country director for the Department of Business and Trade in Nigeria. In this role, Smithson will...
A widespread IT outage has brought businesses to a grinding halt, leaving many scrambling to recover from the devastating disruption. As companies slowly regain their footing,...
In an incredible achievement, six-year-old Lily Adeleye has become the youngest Black entrepreneur to have products sold in Walmart stores. Her brand, Lily Frilly, which offers...
In a shocking and heart breaking accident, Richard David Hendrickson, CEO of Lifetime Products, and his daughter Sally lost their lives in a tragic incident in...
The World Bank has announced the appointment of Dr. Ndiamé Diop as the new Country Director for Nigeria, succeeding Shubham Chaudhuri who has completed his term....
The US housing market continues to defy expectations, with home prices reaching unprecedented levels, according to the latest data from Redfin. The real estate brokerage firm’s...
In a resounding endorsement, Nigeria’s Minister of State for Labour and Employment, Festus Keyamo, has described his experience flying with Air Peace from Lagos to London...
The owners of Federal Palace Hotel, Tourist Company of Nigeria Plc, have reported a loss before tax of about N31.6 billion for the financial year ended...
Chinese electric-car maker BYD has agreed a $1bn deal to set up a manufacturing plant in Turkey. The plant will be able to produce up to...
In a stunning cyberattack, hackers have stolen the call records of nearly all AT&T customers, compromising the sensitive information of approximately 109 million users. The FBI...
In the heart of Lagos, Nigeria, a phenomenon has been brewing. A force so powerful, it has transcended borders and taken the world by storm. I...
Africa, a continent renowned for its vast natural resources and agricultural potential, is grappling with a debilitating food crisis that threatens the very survival of its...
The World Bank has estimated that Africa needs an investment of at least $6 billion annually to bridge the connectivity gap and ensure universal access to...
Nigeria’s debt profile has reached an alarming rate of N121 trillion, following new borrowings by the Tinubu-led government. However, in an effort to provide transparency and...
The Mirage Casino in Las Vegas is facing a unique challenge as it prepares to close its doors on July 17. Before shutting down, the casino...
In a move that has sent shockwaves through the business world, Dyson, the renowned technology company behind the invention of them bag-less vacuum cleaner, has announced...
In a move poised to revolutionize the economic landscape of Abia State, Dr. Alex Otti, a renowned economist and former bank chief, is set to...
The Mbaise USA, an association representing the Mbaise community in the United States has successfully elected a new slate of executives to steer its affairs for...
DIASPORA WATCH, Vol 1, No. 7 FREE Digital View: Print on Demand: Diaspora Watch: Your Trusted Source for Global News Get Ready for the 7th Edition...
The Confederation of African Football (CAF) has imposed a hefty fine of $200,000 on Cameroonian football legend, Samuel Eto’o, for violating the organization’s ethical standards. The...
Samsung Electronics, the South Korean tech giant, is expecting a massive increase in profits for the second quarter of 2024, with estimates suggesting a jump of...
According to the National Bureau of Statistics, Lagos and Ogun states are driving Nigeria’s digital growth. The National Bureau of Statistics’ NBS Telecoms Data report for...
In a groundbreaking achievement, Ijemma Onwuzulike, a trailblazing software engineer at Google, has successfully developed the pioneering Igbo speech to-text model, Igbo Speech. This innovative Automatic...
Last month, AI chip giant Nvidia briefly became the world’s richest company, overtaking Microsoft, which had in turn risen above Apple. This monumental shift in the...
The Organization of the Petroleum Exporting Countries (OPEC) has predicted that hydrocarbon demand will increase and reach its peak by the year 2030. OPEC Secretary General,...
The federal government has inaugurated the CropWatch-ICP Regional Centre of West Africa, based in Nigeria, to enhance crop monitoring and bolster food security in the region...
In a historic milestone, Captain Theresa Claiborne, the first African American female pilot in the United States Air Force, has retired from United Airlines after an...
The biggest reality show is here and the wait is finally over. Big Brother Naija (BBNaija) Season 9 is set to premiere on Sunday, July 28,...
In a powerful move, Pamela Anderson has shed her iconic image, opting for a makeup-free look that has garnered widespread praise. The Baywatch star’s decision to...
The Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has revealed that vehicle importation into Nigeria dropped by 45% in the first quarter of 2024...
After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in...
Finding the perfect home can be a daunting task, but with the right guide, it can be a stress-free and exciting experience! Diaspora Watch can report...
The platform says it’s because of ‘evolving’ industry standards but sellers say they feel ‘betrayed.’ Etsy, the online marketplace renowned for unique goods, has banned sex...
In a groundbreaking move, several companies are now experimenting with using Artificial Intelligence (AI) systems to manage their staff. This innovative approach raises questions about the...
Amazon founder Jeff Bezos is planning to sell nearly $5 billion worth of shares in the technology giant. The decision comes after the company’s stock market...
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a national commercial bank. The bank’s first commercial banking branch has opened in...
Sandie Okoro, a distinguished British-Nigerian lawyer, has made history by becoming the first female Chancellor of the University of Birmingham, one of the UK’s oldest and...
Sam Altman, the CEO of OpenAI, has been an avid reader since childhood, and he recently shared the nine books that he believes have the power...
In a shocking turn of events, former gangster Nathi Mthethwa has been appointed South Africa’s new Sports Minister. Mthethwa’s checkered past, which includes a stint as...
Audrey Maame Esi Swatson, a young Ghanaian woman, made history by becoming the country’s youngest commercial pilot at the age of 21. Born on February 23,...
The United Nations has warned that approximately 82 million Nigerians, which accounts for about 64 per cent of the country’s population, may face hunger by the...
Crypto investors lost $664m to hackers in the first half of the year, marking a more than 50 per cent increase compared to the same period...
Kenyan President William Ruto has announced that the country will seek additional borrowing to address its growing budget deficit. This decision comes after the rejection of...
The traditional wedding ceremony of Afrobeat superstar, David Adeleke, popularly known as Davido, and Chioma Avril Rowland, was a grand celebration of love, music, and culture....
Renowned Nollywood actress, Joke Silva, has addressed the rumors about the demise of her husband, Olu Jacobs, putting the speculation which trended over the weekend to...
In a feat that solidifies his position as one of Africa’s most prominent global music icons, Grammy award-winning Nigerian singer, Damini Ogulu, popularly known as Burna...
The Nigerian government has rolled out a massive N1tn palliative and construction project to cushion the effects of the current economic hardship on citizens. The project...
Aicha Evans is a trailblazing Senegalese-American CEO of Zoox, a cutting-edge autonomous vehicle company. Born in Senegal, West Africa, Evans’ journey to the top of the...
Netherlands Deputy Consul-General Leonie Van Der Stijl has emphasized the critical importance of investing in Nigeria’s agricultural sector. Leonie Van Der Stijl , Deputy Consul-General of...
The Nigerian Naira has been rated the worst performing currency in 2024, according to a recent report by a leading financial analytics firm. The Naira has...
Singapore Airlines Flight 308 was expected to be a routine journey from London to Singapore, but it turned into a terrifying ordeal for the 211 passengers...
Robert Onyejekwe, a 51-year-old Nigerian businessman and oil magnate, was discovered dead in his Ikoyi hotel room on Sunday, June 9, 2024, shrouding the industry in...
Tesla shareholders have overwhelmingly approved a controversial $56 billion pay package for CEO Elon Musk and voted to move the company’s legal headquarters to Texas, Excel...
Nigeria has been plunged into darkness as workers across the country began an indefinite strike in protest of the government’s handling of the minimum wage negotiations...