sources

Naira-for-Crude Strategy: A Complex Dance of Economics When you think about the intricate ballet of Nigeria's economic strategies, the Naira-for-Crude deal is undeniably a standout performance. But how does this strategy really influence the steps of fuel prices and broader economic indicators? Let's delve into this with a fresh perspective. A trusted source intimately familiar with the workings of the government committee overseeing the Naira-for-Crude arrangement confided to the Punch…

Egypt, acting as a mediator in the ongoing Gaza ceasefire negotiations, has reportedly received encouraging signals from Israel regarding a new ceasefire proposal that focuses on a transitional phase, according to various security sources. The proposal includes a plan for Hamas to release five Israeli hostages each week, setting a structured path towards resolution. As part of this effort, a security delegation from Egypt has departed for Qatar, where talks are expected to focus not only on increasing humanitarian aid to…

A fighter jet takes to the skies, aimed at an undisclosed mission against Yemen's Houthi rebels, captured in a still from a video handout released on March 18, 2025. This visual, courtesy of US CENTCOM via X/Handout through REUTERS, is just a fragment of a larger, more complex story. Purchase Licensing Rights In a nocturnal display of military might, the United States launched a series of airstrikes targeting several locations in Yemen. Among these locations were Saada province, reputed to be a long-standing sanctuary for…

Imagine a vast land teeming with unparalleled opportunities and challenges—a mosaic of cultures, resources, and vibrant economies. Welcome to Africa, the continent at the heart of Russia's expanding international trade canvas. In 2024, Russia's food shipments to Africa burgeoned to an impressive $7 billion, marking a nearly 20% rise compared to the previous year. Why this surge? What does this tell us about the evolving global trade dynamics? A publication from the Russian Export Centre (REC) painted a detailed picture:…

Africa, a continent blessed with abundant natural resources, faces a paradoxical struggle: meeting the electricity demands of its rapidly growing population. It makes one ponder, why does a continent with such wealth of resources still grapple with energy shortages? From the roaring waterfalls of Ethiopia harnessed for hydropower, to the vast natural gas fields of Nigeria, and the coal mines of South Africa, Africa’s energy landscape is as diverse as it is rich. Yet, this diversity comes…

U.S. Airstrike Targets ISIS Militants in Somalia: 16 Killed Washington — On a serene Sunday night in the rugged terrains of northern Somalia, an operation orchestrated from afar took place. U.S. military airstrikes dealt a blow to Islamic State militants, leaving 16 fighters lifeless in their wake. "How do these airborne specters always seem to find their mark?" some might wonder. According to Brigadier General Mohamud Mohamed Ahmed in Northeastern State, the operation was meticulously…

In a move egged on by Western allies, Kenya's leadership has nudged the International Monetary Fund to dive deep into examining its murky corridors of power riddled with graft, as revealed by a couple of folks in the know to Reuters. This kind of probe, tagged officially as a "governance diagnostic," can only kick off with the asking of the respective country. It's the IMF's way of sniffing out how corruption and shaky governance might be sapping a nation’s coffers dry or wreaking havoc on the financial commonwealth. "In…

In Burkina Faso, in keeping with safety sources, the three Europeans captured yesterday Monday within the jap a part of the nation have been executed. They have been lacking after an assault when an armed command attacked an anti-poaching patrol consisting of Burkinabé troopers and rangers, together with trainers and Western journalists.…

Third person dies after taking Sinovac jab: sources RTHK has learned that a third person has died in Hong Kong after taking the mainland-produced Sinovac vaccine - 10 days after the territorial coverage program was rolled out here. Sources said Monday that the 71-year-old man took the shot at a private clinic last Wednesday and felt uncomfortable Sunday night. He sought treatment at…

In Cameroon, Cardinal Christian Tumi has been released, according to several sources. Archbishop Emeritus of Douala was abducted on Thursday around noon. 18 in the English-speaking northwest of the country on the road between Bamenda and Koumbo. If Monsignor Tumi was released, the ten people who were kidnapped at the same time as him near Kumbo are still in the hands of the kidnappers.…