By Ayomide Otitoju South Korea’s Hyundai Motor Group on Monday unveiled plans for a record ₩118 trillion ($85.8 billion) investment over the next five years, following Seoul’s newly concluded trade deal with Washington. In a statement, the auto giant said a major share of the investment will target emerging technologies, including advanced AI-driven businesses such…
Japanese Prime Minister Sanae Takaichi continues to enjoy robust public support even as diplomatic tensions with China deepen and the country faces fresh economic challenges, new surveys revealed on Monday. A weekend poll by the Asahi Shimbun showed Takaichi’s cabinet with a 69 percent approval rating, while 17 percent of respondents expressed disapproval. A separate…
The European Union on Monday lowered its eurozone growth forecast for 2026, citing risks from international trade and geopolitical tensions. The European Commission now expects the 20-country euro area to expand by 1.2 per cent, down from an earlier projection of 1.4 per cent. Brussels warned that Europe’s “highly open” economy remains vulnerable to trade…
By Ayomide Otitoju Fidelity Bank Plc has reinforced its support for youth empowerment and sports development as the headline sponsor of the second edition of the Gymfest Championship held over the weekend in Lagos. The rapidly expanding gymnastics competition featured children aged 3 to 12 competing across levels 1 to 7, attracting young athletes, parents,…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, on Monday appealed to investors to support the development of the approved Lekki–Epe International Airport, describing the project as critical to Nigeria’s aviation future. Speaking at the Federal Airports Authority of Nigeria (FAAN) National Aviation Conference in Victoria Island, Lagos, Sanwo-Olu reaffirmed the state government’s commitment to…
By Ayomide Otitoju President Bola Tinubu has praised the Super Eagles for their “best efforts” in the FIFA World Cup qualification playoff, despite their 4–3 defeat on penalties to the Democratic Republic of Congo on Sunday. The loss means Nigeria has failed to qualify for the World Cup for the second consecutive time. In a…
Ukrainian President Volodymyr Zelensky is in France as part of a brief tour of Western allies, following an energy deal with Greece on Sunday and ahead of a scheduled visit to Spain on Tuesday. Zelensky has indicated that “a major deal with France” will be announced soon, though it remains unclear if it will be…
By Ayomide Otitoju Nigeria’s headline inflation eased to 16.05 per cent in October 2025 from 18.02 per cent in September, the National Bureau of Statistics (NBS) has revealed. The decline of 1.96 percentage points marks the seventh consecutive month of falling inflation since April 2025. Year-on-year, the October 2025 headline inflation rate was 17.82 percentage…
By Ayomide Otitoju The Academic Staff Union of Universities (ASUU), Bauchi Zone, has expressed concern over what it described as the Federal Government’s lack of commitment to resolving critical issues in Nigeria’s university system. Speaking at a press conference at Plateau State University (PLASU), Bokkos, on Saturday, November 15, 2025, ASUU Bauchi Zonal Coordinator Timothy…
