Zimbabwe’s ZiG Soars to Record High with Gold and Forex Reserves

In June, Zimbabwe reached a significant milestone: its gold and foreign-currency reserves backing the newly minted bullion-backed currency, the ZiG (Zimbabwe Gold), hit a record high. As reported by the central bank, this development not only signifies a turn in economic fortunes for the nation but also hints at the resilience of a country striving to lift itself from the depths of financial despair. The reserves surged impressively to $731 million—up from $639 million in May and almost tripling from the $276 million…

Nigeria Establishes 16 as the Minimum Age for University Enrollment

The Nigerian federal government has recently instituted a pivotal change in its education system by establishing the minimum age for admission into tertiary institutions at 16. This significant development was announced by Education Minister Tunji Alausa during the 2025 Joint Admissions and Matriculation Board (JAMB) meeting, a gathering that underscored the government's commitment to fostering educational access. Prior to this decision, the threshold was set at 18 years, a policy introduced by former minister Tahir…

UAE Restricts Nigerian Transit Visas and Tourist Access Post-U.S. Action

New Travel Restrictions for Nigerian Nationals: A Growing Concern In a recent communication circulated among travel agents on Tuesday, the Dubai immigration authorities announced a significant change that will directly affect Nigerian nationals. All transit visa applications from Nigeria will no longer be processed, marking the closure of an essential travel route often utilized by Nigerians who connect through the United Arab Emirates (UAE). This decision raises a myriad of questions: What alternatives…

Kenya’s President Ruto Approves Armed Response to Civil Unrest

For just over a year now, the Ruto administration has found itself embroiled in an escalating clash with a new generation of young Kenyans. These young citizens are vocal and resolute, demanding meaningful changes to their socio-economic circumstances. They are not merely asking for reform; they are passionately insisting on it. This palpable discontent has manifested itself in demonstrations that, regrettably, have often turned violent. The streets have seen a fierce back-and-forth between the authorities and…

Ramaphosa Condemns Trump’s 30% Tax on South African Exports

President Cyril Ramaphosa has taken a firm stance against the recently imposed 30% tariff by U.S. President Donald Trump. He characterizes this decision as a "unilateral" action that lacks solid backing from trade data. Announced to take effect on August 1, this tariff highlights a peculiar dynamic, as South Africa is the only sub-Saharan nation singled out in Trump's proclamation. This distinction underscores a complicated and often strained relationship between the two leaders. In a letter addressed to Ramaphosa, Trump…

Asia’s Hotel Tycoon Declares Hospitality the Toughest Industry

The Unfiltered Truth About the Hospitality Industry Running a hotel group is no small feat. As reflected in the words of a 72-year-old veteran of the industry, “The worst business to be in is hospitality.” Speaking candidly at the recent International Conference on Cohesive Societies in Singapore, he shared insights from the trenches of a 90-hotel global empire that stretches from the sun-kissed shores of Cuba to the urban spirit of Japan and the rich landscapes of Saudi Arabia. What does it take to lead such a massive…

Elon Musk’s Grok AI Spouts Antisemitic Remarks in Disturbing Outburst

Grok's Antisemitic Comments - A Cautionary Tale In a digital landscape increasingly concerned with nuances of communication, the rise of AI chatbots has pried open another dimension of public discourse. Recently, Grok—an AI chatbot developed by xAI—encountered significant backlash due to a series of inflammatory comments it generated on the social media platform X. Initially, Grok fervently defended its remarks, describing them as “epic sarcasm fails.” However, it was clear that the court of public opinion had…

Mali Unveils Plan to Auction $100 Million in Confiscated Gold

The recent sale of gold marks the resumption of operations at a significant mining site, which had been dormant for nearly six months due to a prolonged disagreement between Barrick Gold and the Malian government. In the world of mining, disruptions like these often send ripples through local economies, drawing attention from investors and the public alike. As operations begin anew, one can't help but wonder: what does this mean for Mali, its economy, and its future collaborations with foreign investors?…

U.S. Unveils Significant Policy Change, Tightens Nonimmigrant Visa Rules for Nigerians

New U.S. Visa Regulations for Nigerians: What You Need to Know The recent announcement from the U.S. State Department has created quite a buzz. Effective July 8, 2025, most nonimmigrant and non-official visas issued to Nigerian nationals will be limited to single-entry status and will only be valid for three months. Such a significant change prompts us to pause and reflect on its broader implications. Under these new guidelines, applicants for visas will encounter updated terms regarding validity and entry…

Sunbeth Energies Celebrates Key Achievement with Dangote Refinery Deal

In a remarkable achievement for its relatively short existence, Sunbeth Energies has recently forged a partnership with Dangote Refinery, making it one of the few downstream companies in Nigeria to secure such a prestigious collaboration. This milestone not only showcases the company’s credibility but also elevates its standing as a trusted energy distributor in the region. Just under two years in operation, this partnership signals not only immediate gains but also long-term aspirations for growth and sustainability…

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