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Bank of Canada Rate Cut Decision: Potential Impact on the Canadian Dollar April 16, 2025 Ottawa, Canada – The Bank of Canada (BoC) is set to announce its latest interest rate decision today, April 16, 2025, alongside its quarterly Monetary Policy Report (MPR), a move that could significantly influence the Canadian dollar (CAD), also known … Read more
Nigerian Court Deports Four Chinese Nationals, Forfeits N134M in Illegal Mining Case May 16, 2025 – Jos, Plateau State, Nigeria On May 14, 2025, Justice Dorcas V. Agishi of the Federal High Court in Jos, Plateau State, sentenced four Chinese nationals—Liang Quin Yong, Wang Huajie, Zhong Jiajing, and Long Kechong—to five years’ imprisonment for illegal … Read more
TikTok Deal Reached: ByteDance Secures 1 of 7 Board Seats in US Operations, Averting Ban In a landmark U.S.-China pact that could save TikTok from a looming nationwide ban, ByteDance will appoint one of seven board seats for the app’s restructured U.S. entity, with Americans dominating the remaining six positions, a senior White House official … Read more
Impact of Tariffs on Developing Countries Could Be ‘Catastrophic,’ Warns UN Trade Agency Geneva, Switzerland – April 11, 2025, 03:38 AM PDT – The United Nations trade agency has sounded the alarm on President Donald Trump’s sweeping tariff policies, cautioning that their impact on developing countries could be “catastrophic”—surpassing even the fallout from foreign aid … Read more
Seplat Energy Advocates for Sustainable, Secure Energy to Reshape Nigeria’s Future Seplat Energy Plc, a leading Nigerian independent energy company, has underscored the urgent need for Nigeria to adopt a sustainable, secure, and inclusive energy system to transform the nation’s economic and social landscape. Speaking at the Society of Petroleum Engineers (SPE) Nigeria Annual International … Read more
The Pharmacy Council of Nigeria (PCN) sealed 443 pharmaceutical premises in Taraba State for various violations, as part of a four-day enforcement operation targeting illegal drug outlets and unqualified vendors. According to Dr. Suleiman Chiroma, PCN’s Head of Enforcement, the operation covered nine to eleven local government areas, including Sardauna, Gashaka, Kurmi, Bali, Ardo-Kola, Jalingo, … Read more
Pope Leo XIV Urges Bishops to Confront Abuse Allegations Head-On, No More Hiding In a bold call echoing through the Vatican’s halls, Pope Leo XIV has warned Catholic bishops against burying sexual abuse claims, demanding transparency and justice in a church still scarred by scandal. The Pope’s Direct Message to New Bishops Pope Leo XIV … Read more
Bushveld Minerals Enters Liquidation, Faces AIM Delisting as Nomad Resigns Guernsey, Channel Islands – April 15, 2025, 9:31 AM PDT – Bushveld Minerals, a South African vanadium producer, has announced its intent to appoint liquidators, signaling the end of its operations and triggering the resignation of its nominated adviser (Nomad), SP Angel Corporate Finance LLP. … Read more
The U.S. dollar is set for a weekly decline due to growing expectations of a dovish Federal Reserve policy, driven by weaker-than-expected economic data. The July jobs report, which showed only 73,000 new jobs added against an expected 110,000, along with significant downward revisions to prior months, has fueled speculation of interest rate cuts starting … Read more
JPMorgan Downgrades Neumora Therapeutics to Underweight, Flags More Trial Setbacks on Horizon New York, September 16, 2025 — Biotech stocks can be a rollercoaster, and Neumora Therapeutics (NMRA) just hit a sharp dip. JPMorgan Chase analysts pulled no punches Tuesday, slashing their rating on the neuroscience upstart from Neutral to Underweight while warning of fresh … Read more