The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower rates may provide a much-needed boost to borrowing, domestic consumption, and exports via a weaker euro, but geopolitical risks costs may limit the benefits. ADVERTISEMENT The European Central Bank (ECB) is poised to cut its deposit rate by 25 basis …

This is the second time this year the energy company has raised its output expectations. ADVERTISEMENT French energy firm EDF is forecasting nuclear production output at 358 to 364 terawatt-hours (TWh) this year, according to a statement published by the firm on Wednesday. That’s an uptick from the previous forecast of 340 to 360 TWh – and marks the second …

Former UFC fighter Nate Diaz has been charged with battery following an alleged altercation at the Omnia nightclub in Las Vegas earlier this year.    According to court documents obtained by TMZ Sports, the incident occurred on August 25, shortly after midnight, while Diaz and his group were attempting to enter the club at Caesars Palace.   Witnesses reportedly told …

The Federal Executive Council, led by President Bola Ahmed Tinubu, approved the establishment of the Creative Economy Development Fund (CEDF) and the Intellectual Property (IP) Monetisation Pilot.  In a memo to the Council, the Minister of Art, Culture, and the Creative Economy, Barrister Hannatu Musa Musawa, highlighted the ministry’s collaboration with the Ministries of Justice, Finance, Industry, Trade, and Investment, …

This week, Nigerians are embracing a diverse mix of content that keeps the binge-watching spirit alive. Netflix has become a cultural staple in Nigeria. Whether you’re curled up on a rainy evening or trying to avoid your third uninvited gist session of the day, the streaming platform is our go-to escape. From thrilling dramas that keep you guessing to comedies …

Nigerian singer Skales has voiced his concerns about the inability of citizens to rely on the government for assistance, highlighting the growing dependence on individuals like self-proclaimed activist VeryDarkMan (VDM). Taking to social media platform X on December 11, 2024, the singer expressed frustration with the state of governance in Nigeria. Skales wrote,“It’s crazy what is going on in Nigeria …

Actress Annie Idibia has taken to social media to celebrate her daughter, Isabella, who turns 16 today, December 11.    The proud mother shared a post on Instagram, reminiscing about the day she welcomed Isabella into the world and expressing her deep affection and pride in her daughter.   In her emotional tribute, Annie described Isabella as her “sunshine,” “good …

The bank’s monthly survey shows a rising uncertainty among businesses in Europe’s second-biggest economy. ADVERTISEMENT There is an increasing uncertainty for the near future among French businesses coupled with a slight increase in activity in November, according to the Bank of France’s monthly economic survey, which offers an insight into the current business climate in the country. France is currently …

Men of the Nigerian Police Force in collaboration with a private security outfit engaged by the Kogi State Government, have arrested four suspected kidnappers and rescued 10 victims in the Ajaokuta area of the state.   The state Commissioner for Information, Kingsley Fanwo, who disclosed this in a statement on Tuesday, December 10, 2024, said the arrest and rescue operation …

Veteran Nigerian singer Cobhams Asuquo has reacted to the now-viral clip of Edo State’s governor, Okpebholo struggling to read the figures from the 2025 national budget, and says, “It’s very bad.” The clip has sparked widespread debate online, with many questioning leadership competency in Nigeria. Taking to Instagram on December 11, 2024, Asuquo expressed his dismay and called for introspection from …