Author: Solomon Alaka

September 10, 2025 💰 Nigeria has taken significant steps toward reducing its external debt burden, repaying trillions of naira to major international creditors including China, the International Monetary Fund (IMF), and the World Bank. According to data from the Central Bank of Nigeria, the country spent over $5.47 billion on external debt servicing between January […]

September 10, 2025 ⛏️ Anglo American and Teck Resources have agreed to merge in a landmark US$53 billion deal, forming Anglo Teck—one of the world’s largest mining entities and the fifth-largest copper producer globally. The merger marks the second-biggest acquisition in mining history, following Glencore’s US$90 billion merger with Xstrata in 2013. The new company […]

September 10, 2025 🇪🇺 European Commission President Ursula von der Leyen has announced a series of proposed actions aimed at curbing Israel’s military campaign in Gaza, describing the humanitarian situation as “catastrophic” during her annual State of the Union address to the European Parliament. Von der Leyen outlined a “package of measures” that includes suspending […]

Date: September 10, 2025 Business & Macro 🇰🇪 Cyber Heist Exposes Kenya’s Banking Vulnerabilities Hackers stole over $12 million from Kenyan banks in 2024, the Central Bank of Kenya has revealed. This marks the largest digital theft in the country’s history, raising fresh concerns about cybersecurity readiness in the financial sector. 🇹🇿 Tourism Surges in […]

September 10, 2025 🇮🇪 Taoiseach Micheál Martin has issued a strong statement condemning Israel’s airstrike in Doha, Qatar, calling it a “flagrant violation” of the Gulf state’s sovereignty and a threat to regional stability. The attack, which targeted senior Hamas leaders meeting to discuss ceasefire proposals, killed six individuals including the son of Hamas’s chief […]

🇰🇪 Kenya is preparing to launch a groundbreaking $1 billion debt-for-food swap by March 2026, aimed at easing its debt burden while addressing widespread food insecurity. The initiative, outlined in a Finance Ministry document, would allow Kenya to restructure part of its existing debt in exchange for commitments to invest in food security programs. Negotiations […]

September 10, 2025 📈 The Irish Government has published its Action Plan on Competitiveness and Productivity, outlining 85 targeted measures—26 of which are designated as priorities—to strengthen Ireland’s economic resilience amid global uncertainty. Taoiseach Micheál Martin, Tánaiste Simon Harris, and Minister for Enterprise, Tourism and Employment Peter Burke jointly announced the plan, describing it as […]

🇮🇪 Taoiseach Micheál Martin has issued a strong condemnation of Russia following an incursion into Polish airspace by Russian drones, calling the act “reckless and unprecedented.” The statement, released Monday by the Department of the Taoiseach, emphasized Ireland’s unwavering support for Poland’s sovereignty. “This was a stark reminder of the threat posed by Russia to […]