UK Unemployment Soars to 4.5% in Q1, Highest in Three Years

Britain’s unemployment rate has risen to its highest level in over three years, reaching 4.5 percent in the first quarter, according to data released Tuesday by the Office for National Statistics (ONS). The report highlights growing concerns over the health of the UK labour market, which is under pressure from both domestic and international economic…

Read Full News

UN Chief Warns of “Painful” Reforms Amid Financial Strain

By Ayomide Otitoju United Nations Secretary-General António Guterres on Monday warned that long-overdue reforms at the global body would require “painful” decisions, including staff reductions and restructuring, as the organization grapples with chronic financial constraints exacerbated by policies from the Trump administration. “Our shared goal has always been to make our organization more efficient —…

Read Full News

WHO Warns of Growing Famine Risk in Gaza Amid Blockade

By Ayomide Otitoju The World Health Organization (WHO) has warned that the risk of famine in Gaza is rapidly intensifying, as nearly half a million people face catastrophic levels of hunger due to the ongoing blockade and deliberate obstruction of humanitarian aid. According to the latest analysis by the Integrated Food Security Phase Classification (IPC),…

Read Full News

Court to Rule on Akpoti-Uduaghan’s Suspension June 27

By Ayomide Otitoju Justice Binta Nyako of the Federal High Court, Abuja, has fixed June 27, 2025, for judgment in the suit filed by suspended Kogi Central Senator, Natasha Akpoti-Uduaghan, challenging her suspension from the Senate. Akpoti-Uduaghan is contesting the legality of her suspension by the Senate, which she claims was orchestrated on allegations of…

Read Full News

Three Militants Killed in Gunfight with Indian Forces in Kashmir

By Ayomide Otitoju Three suspected militants were killed in a gunfight with Indian security forces on Tuesday in the southern region of Indian-administered Kashmir, marking the first such encounter since last month’s deadly attack on Hindu tourists in Pahalgam, which escalated tensions between India and Pakistan to their highest levels in decades. According to an…

Read Full News

Dangote Commits to MSME Growth Through Key Partnerships

By Ayomide Otitoju Dangote Industries Limited has reaffirmed its commitment to driving the growth of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria through strategic partnerships with key economic stakeholders. Speaking during the Dangote Special Day at the 2025 Nasarawa Trade Fair in Lafia, Senior Adviser to the President of Dangote Group, Mrs. Fatima Wali-Abdurrahman,…

Read Full News

MTN Nigeria Shares Drop 2% After Surge in Off-Market Deals

By Ayomide Otitoju Shares of MTN Nigeria Plc recorded a sharp decline on the Nigerian Exchange (NGX) Tuesday, shedding over 2% in market value after a surge in off-market cross deals triggered a wave of sell-side pressure, despite the stock recently reaching a new 52-week high. The telecommunications giant, trading under the symbol MTNN, closed…

Read Full News

Fidelity Bank Reclaims Trillion-Naira Valuation

By Ayomide Otitoju Fidelity Bank Plc has reclaimed its position in Nigeria’s elite trillion-naira market capitalisation club following a 5.3% rise in its share price, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This development marks a renewed show of investor confidence in the mid-tier…

Read Full News

Dangote Restores Power to 21 Yewa Communities

By Ayomide Otitoju Relief swept across 21 communities in Yewa North Local Government Area as Dangote Cement Ibese Plant donated multi-million-naira worth of electrical materials to end a three-year-long blackout, reconnecting the towns to the national grid. In a landmark corporate social responsibility gesture, the cement company supported the Ibadan Electricity Distribution Company (IBEDC) with…

Read Full News