According to the Mortgage Bankers Association, the median monthly payment for home purchase loans in the US increased by 14.1% in May compared to the previous year, reaching an all-time high… Read More
The chiefs of staff of the ECOWAS countries are meeting in Abuja to discuss the recent coup in Niger. West African leaders condemned the coup and gave the coup leaders a week to restore the… Read More
Global stock markets dropped after ratings agency Fitch downgraded the US’ long-term credit rating from AAA to AA+. However, top economists, including Larry Summers and Mohamed El-Eria… Read More
Silicon Valley Bank's decline has made many skeptical about venture debt, but it may still be a viable option for growth-stage companies with predictable cash flow. While venture debt typica… Read More
Atiku Abubakar, the former vice-president, has withdrawn the lawsuit he filed against President Bola Tinubu in a court in the United States.
Atiku’s suit sought the disclosure of Tinub… Read More
Paramount Global has agreed to sell book publisher Simon & Schuster to private equity firm KKR for $1.62 billion. This comes after Paramount's initial agreement to sell Simon & Schus… Read More
Private equity group Bain Capital has acquired 90% of Adani Capital and Adani Housing, buying out the Adani family's private stake in the company. The deal will provide a lending platform to… Read More
A recent publication in the journal PLOS Medicine has criticized the use of the term "low- and middle-income countries" (LMICs) in global health literature and discourse. The authors argue t… Read More
The United Nations Mission in Mali (MINUSMA) has withdrawn from a camp in the north of the country due to security concerns and the high risks faced by its personnel. The camp, which was cov… Read More
The leader of Brigade 444, an influential armed group in western Libya, was released after his arrest sparked violent fighting that resulted in 55 deaths. The release occurred as part of a g… Read More
The Central Bank of Nigeria (CBN) has announced a series of operational modifications for the Bureau De Change (BDC) segment in an effort to improve the efficiency of the Nigerian Foreign Ex… Read More
Lionel Messi's move to Major League Soccer has caused a surge in ticket prices for late-season games in the US, with prices on the secondary market increasing by over 1,700% compared to last… Read More
A group of healthcare workers in Alberta is providing information to wildfire evacuees from the Northwest Territories on how to access medication for opioid-use disorder in Calgary and Edmon… Read More
Mortgage rates have reached their highest point since November 2000, with the average rate on a 30-year fixed mortgage hitting 7.48%. This increase is driven by concerns among investors that… Read More
Rice prices in Asia have reached their highest level in almost 12 years due to India's rice export ban and adverse weather conditions. This has raised concerns about food inflation in the re… Read More
Soldiers who were injured in the wars in the Middle East are being given mortgage-free homes as a gesture of gratitude and honor. Medically-retired former Sergeant Tory Honda and his family… Read More
Battery Ventures released a report on Gen-Z, and the author of the report, Courtney Chow, joined the Equity podcast to discuss it. The report highlights how millennials are no longer the tar… Read More
Dry eye disease (DED) is a common ocular condition that affects millions of people worldwide. It is characterized by insufficient tear production or poor-quality tears, leading to discomfort… Read More
Adama Ben Diarran, head of the Yerewolo-Debout sur les Remparts association in Mali, has been placed in police custody for allegedly undermining the credit of the state. Diarran, also a memb… Read More
Private equity firms in the United States are profiting from climate disasters by acquiring companies specializing in disaster cleanups and restoration, according to research by the Private… Read More
Italy's reported plan to withdraw from China's Belt and Road Initiative could set a precedent for other countries to exit the program. Italy is the only G7 country that is a signatory of the… Read More
The Assam Cabinet has urged the government for the complete withdrawal of the Armed Forces Special Powers Act (AFSPA) from Assam, with a complete withdrawal expected by October this year if… Read More
Germany is facing an economic contraction and a recession due to challenges in the manufacturing sector, disappointing China reopening boost, and higher energy costs, according to Peter Oppe… Read More
The Republican speaker of the Wisconsin Assembly, Robin Vos, is blocking pay raises for University of Wisconsin employees unless the university cuts diversity, equity, and inclusion spending… Read More
The Federal Reserve has not raised interest rates, but many Americans are still facing the challenge of increased borrowing costs. The Fed's previous rate hikes have caused mortgage rates to… Read More
France has announced that it will withdraw its troops from Niger by the end of 2023, following months of anti-French sentiment in the country. This decision comes after France was already fo… Read More
French President Emmanuel Macron announced on Sunday that French troops in Niger will withdraw by the end of the year. This decision comes amid growing anti-French sentiment in the Sahel reg… Read More
Niger's military regime has called for a "negotiated framework" with France to coordinate the withdrawal of French troops, in response to French President Emmanuel Macron's announcement of a… Read More
Franco-Beninese activist Kemi Seba arrived in Niamey, Niger to address rallies in support of the country's military authorities. Seba criticized France's colonial legacy and accused French P… Read More
Morocco and a trio of Kenya, Tanzania, and Uganda have been chosen to host the upcoming Africa Cup of Nations (AFCON). Morocco last hosted the tournament in 1988 but was stripped of the host… Read More
Liverpool owners Fenway Sports Group have agreed to sell a minority stake in the club worth between £82m and £164m to global sports investment firm Dynasty Equity.
The deal ends… Read More
Former head of trust and safety at Twitter, Yoel Roth, has warned that Elon Musk's platform X is on a collision course with the European Union's Digital Services Act (DSA). The DSA carries p… Read More
An immediate investigation has been ordered by the Nigeria Police into the alleged extortion of eighty million naira from the Chairman of a surveillance facility by men of the Rivers State P… Read More
Real estate agents and Realtors can both be key players in property transactions. Though their roles may seem similar, there are important distinctions between them.
Real estate agents as… Read More
Shares of UK's Metro Bank were suspended twice on Thursday after plunging more than 25%. The suspensions were triggered by the London Stock Exchange's circuit breaker mechanisms due to the v… Read More
U.S. investors are shifting their focus towards smaller European soccer clubs with lower valuations as they seek opportunities in the international sports market. Deep-pocketed investors, in… Read More
Shares of UK's Metro Bank rose 26% after the lender secured a £325 million capital raise and £600 million in debt refinancing. The capital raise includes £150 million of ne… Read More
French troops have begun to withdraw from Niger, with a convoy of soldiers and equipment leaving the country for an undisclosed location, possibly Chad. The withdrawal was demanded by Niger'… Read More
Last week, Grist published a multimedia project exploring how cities can prepare for extreme heat, one of the deadliest impacts of climate change. The project envisions a combination of heat… Read More
Investing can be overwhelming, especially with countless strategies to choose from. However, implementing a simple investment strategy can be a smart approach for both novice and experienced… Read More
Disney's Hotstar, an on-demand video streaming service, set a global streaming record by attracting over 35 million concurrent viewers to a cricket match between India and Pakistan. This mil… Read More
Famous Nigerian actress Iyabo Ojo has recently taken to Instagram to vent her frustration over the expensive amount of money that the Lagos state government is demanding from her in taxes. T… Read More
In a surprising turn of events on Thursday, President Bola Tinubu unexpectedly instructed for the nomination of Engr Imam Kashim Imam to be withdrawn.
Imam had previously been appointed as t… Read More
Prof. Attahiru Jega, former chairman of Nigeria’s Independent National Electoral Commission (INEC), has called for amendments to the Electoral Act of 2022. While acknowledging that Nig… Read More
President Bola Tinubu has revealed when his administration’s Students Loan Scheme will commence.
Speaking on Monday, he said the scheme will be kickoff in January 2024.
The President m… Read More
John Oliver received a negative reception at the Sesame Street Gala after criticizing Bank of America, the event's sponsor. Oliver spoke out against the bank's high foreclosure rates and was… Read More
Lily Sullivan is a popular Australian actress and model who gained fame as Miranda in the well-received romantic television series “Picnic at Hanging Rock” in 2018. Her excellent… Read More
President Joe Biden has signed an executive order on artificial intelligence (AI), which includes safety assessments, equity and civil rights guidance, and research on AI's impact on the lab… Read More
HSBC's after-tax profit for the three months ended September surged over 235% to $6.26 billion compared to the same period last year. The increase was mainly due to a higher interest rate en… Read More
The military regime in Niger, which came to power through a coup, has asked Togo to mediate in its negotiations with the international community, particularly with West African countries tha… Read More
UBS has begun selling Additional Tier 1 (AT1) bonds, which were at the center of controversy during its emergency rescue of Credit Suisse. The Swiss banking giant is marketing two tranches o… Read More
China has developed a global network of commercial ports overseas, some of which could potentially be used as naval bases, according to a report by the Council on Foreign Relations (CFR). Ch… Read More
Sam Altman, CEO of OpenAI, was unexpectedly ousted from the company due to its unique corporate structure. Altman and co-founder Greg Brockman didn't have the power to prevent their removal… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
This cosmetics company now makes painful closures and layoffs, part of a rigorous restructuring plan taking place in just weeks.
The UK administrators of The Body Shop have provided more… Read More
Introduction
The transition towards electric vehicles (EVs) has been one of the most significant trends in the automotive industry over the past decade. With environmental concerns at an… Read More