April 21, 2025
Headlines

Economy

Away from the Africa: Chinese government has told the country’s domestic airlines to stop accepting deliveries of Boeing jets as a trade war between the world’s two largest economies escalates

Scorecard02 mins

China is also instructing its carriers to stop buying airline parts and other components from U.S. companies, according to Bloomberg, which cited people familiar with the situation. Boeing declined to comment. The aviation giant’s shares fell $2.59, or 1.6%, to $156.74 in morning trading. The order to stop accepting Boeing jets comes after China boosted…

Read More

Ethiopia Set for Construction of Africa’s Largest Airport

Scorecard01 mins

Ethiopian Airlines has signed a landmark agreement with the African Development Bank (AfDB) to develop Africa’s largest airport—the Bishoftu International Airport in Ethiopia. The $7.8 billion project aims to dramatically scale up Ethiopia’s aviation capacity, to handle 60 million passengers annually by 2040, up from the current 17 million. CEO of Ethiopian Airlines Group, Mr….

Read More

Prince Arthur Eze Pledges Industrial Park Development as Southeast Leaders Back SEDC Initiative

Scorecard02 mins

In a high-level agenda-setting session held last night in Enugu, prominent stakeholders from the Southeast gathered to discuss the future of regional integration and economic development. The meeting, convened by business mogul and philanthropist Prince Engr. Arthur Eze, OFR, marked the conclusion of a comprehensive tour across all Southeastern states. During the session, the Southeast…

Read More

Burkina Faso President rejects IMF financial help

Scorecard03 mins

_SPHIWE SEMOSA In a bold assertion of financial sovereignty, Burkina Faso has declined financial assistance from the International Monetary Fund (IMF), marking a pivotal moment in the country’s economic and political trajectory. President Ibrahim Traore’s administration has chosen to forgo the IMF’s Extended Credit Facility, which was designed to address the nation’s balance of payments…

Read More

Hardship In Nigeria Getting Out Of Control, Your Palliatives Not Solution – Former Head Of State Abdulsalami Abubakar Tells Tinubu

Scorecard03 mins

The former military head of state highlighted the struggles of many Nigerians in meeting basic needs such as food and transportation. Nigeria’s former Head of State, General Abdulsalami Abubakar, has lamented the acute hunger, hardship and the worsening economic conditions in the country, saying that the situation is “getting out of control.” Abubakar raised the…

Read More

Economic hardships : American Professor Lampoons Nigerian 🇳🇬 President’s Extravagance… 🙄

Scorecard01 mins

Steve Hanke, an American professor of applied economics at Johns Hopkins University, has sharply criticized Nigerian President Bola Tinubu for his recent purchase of a $150 million Airbus A330 private jet, which Tinubu used for a trip to France. Hanke, who is well-regarded for his work on inflation, expressed his concerns on social media, highlighting…

Read More