sees

The Syrian government has reported a cessation of hostilities in Sweida, following the city’s recapture by Druze fighters and the strategic redeployment of state forces. Tragically, over 900 lives have been lost amid ongoing sectarian violence in the region. According to monitoring reports, Druze fighters successfully expelled competing armed factions from the city yesterday. This development followed a government-ordered ceasefire that was initiated to prevent further Israeli military action. As Syria's interior ministry…

Recent figures from the Communications Authority of Kenya (CA) indicate a staggering rise in cyber threats—2.5 billion incidents, a dramatic leap from 840.9 million just a quarter ago. It's a statistic that sends shivers down the spine of anyone concerned about digital security. The ramifications of this uptick are profound and multifaceted, affecting critical sectors such as finance, telecommunications, and government systems. In an age where our lives are increasingly interwoven with technology, are we doing enough…

Nigeria’s Digital Economy and the Rise of Fraud: A Call for Regulatory Action Recently, significant concerns have come to light regarding the safety and stability of Nigeria’s rapidly evolving digital economy. According to sobering statistics, a staggering 70% of financial losses attributed to various crimes were traced back to digital platforms, many of which operate beyond the reach of regulatory oversight. This raises an urgent question: do we have adequate measures in place to protect our financial…

Ghana's Inflation Trends: A Positive Shift Recent data from the Ghana Statistical Service indicates a significant decrease in annual inflation, which saw a sharp drop to 13.7% in June, a notable change from the preceding figure of 18.4% in May. This development marks the sixth consecutive month of decline and represents the lowest inflation rate recorded since late 2020. On the bustling streets of Accra, the cedi has held steady at 10.35 to the dollar as of 10:19 a.m. this morning. Observing the currency's…

The Recent Decline in Internet Usage in Nigeria: A Deeper Look Recent data from the Nigerian Communications Commission (NCC) presents a compelling, if somewhat alarming, narrative about internet usage in the country. Between January and April, total internet consumption dropped from an impressive 1,000,930.60 terabytes to 983,283.43 terabytes. This translates to a notable 1.76 percent decline over a mere three months. How often do we stop to consider what these figures mean for everyday Nigerians?…

As we navigate the evolving landscape of artificial intelligence (AI), innovation is popping up in various corners of the globe—from the sun-kissed shores of Malta to the chic streets of Paris. Among these burgeoning tech hubs, the United Arab Emirates (UAE) is quickly establishing itself as a significant player in the Middle East. This shift is partly fueled by a wave of investment catalyzed during former US President Donald Trump's recent visit to the region, during which the UAE and the US announced a staggering $200…

In a poignant address that resonates deeply with the realities facing many Nigerians, Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB), recently sounded the alarm over Nigeria’s worsening economic landscape. His words serve not just as a critique but as a wake-up call: the average Nigerian is now grappling with an economic state that is, alarmingly, worse than it was at independence in 1960. Dr. Adesina's remarks were made during a keynote address at the 20th anniversary dinner of the…

Nigerian billionaire Aliko Dangote recently expressed his comfort regarding the implications of former President Donald Trump’s tariffs on his urea exports to the United States. His assessment provides a nuanced perspective on global trade dynamics, highlighting that his principal competitor, Algeria, faced an even steeper tariff. This is a timely reflection considering how international trade often feels like navigating a never-ending chess match, each move influencing the subsequent strategies of market players.…

MTN Nigeria's Robust Q1 2025 Performance In an impressive display of resilience and strategic maneuvering, MTN Nigeria reported a staggering revenue of N1 trillion for the first quarter of 2025. This achievement signifies a remarkable 40.5% increase year-on-year, a substantial leap from the N752.9 billion recorded in Q1 2024. One can't help but wonder: What does this surge mean for the broader telecommunications landscape in Nigeria? The driving force behind this robust performance can primarily…

Rupert, the second richest individual on the African continent, has experienced a remarkable surge in his net worth, skyrocketing from $13.7 billion at the beginning of the year to $15.3 billion by April, as reported by Bloomberg's Billionaire Index. This extraordinary leap in wealth is not merely a numerical milestone; it echoes broader economic trends and personal anecdotes that encapsulate the complex intertwining of ambition, market dynamics, and the human spirit. Achieving a position as the 171st richest person in the…