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Market winners and losers as Trump secures historic victory

Market winners and losers as Trump secures historic victory

As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration. ADVERTISEMENT Donald Trump has returned to the White House as the 47th US president, making him the first to serve two non-consecutive terms since Grover Cleveland in the late …

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National Grid collapse now regular news in Nigeria ? Peter Obi

National Grid collapse now regular news in Nigeria ? Peter Obi

Presidential candidate of the Labour Party in the 2023 election, Peter Obi has lamented the incessant collapse of the national grid saying power failures knows no tribe or religion but is suffered by all Nigerians.   The country was on Tuesday plunged into darkness following the collapse of the dilapidated national grid just three weeks after a similar incident, the …

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Play ball on anti-crisis banking laws, EU finance pick tells Trump

Play ball on anti-crisis banking laws, EU finance pick tells Trump

In a three-hour hearing held on Wednesday, Maria Luís Albuquerque rejected calls to slash insurance laws to boost the economy, while brushing off conflict-of-interest fears from her own private sector career. ADVERTISEMENT The US must implement post-crisis banking rules, despite fears an incoming Trump administration could slash regulatory protections, Portugal’s pick to be EU financial services commissioner told a European …

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Rapper Vector reveals one thing he doesn’t understand about Africans

Rapper Vector reveals one thing he doesn't understand about Africans

On November 6, 2024, the rapper took to X to express his puzzlement, writing, “I will never understand Nigerians / Africans who show some form of solidarity with the election process in nations that fuck us all for a living.” Nigerians with different stances on the topic commented on his post, airing their views on the subject matter. An X …

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British and Irish Lions shirt for Australia 2025 tour revealed

The new Lions shirt

The British and Irish Lions have unveiled their shirt for the 2025 tour of Australia, revealing they will wear a darker shade of red. The shirt also features a pattern woven into the fabric, symbolising the union of four nations, and an old-fashioned ‘grandad’ collar. Lions chief executive Ben Calveley said the change in colour was intended to create a …

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Hugo Boss faces sales target delays amid weak demand in China

Hugo Boss faces sales target delays amid weak demand in China

The German luxury brand, Hugo Boss, has warned of potential delays in reaching its ambitious 2025 sales target due to tepid consumer demand, especially in China. ADVERTISEMENT The company’s third-quarter earnings report showed slight gains above market expectations but also highlighted ongoing challenges within the Chinese market. The company’s share price dropped more than 4% to €41.2 in Frankfurt, erasing …

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Singer Davido slammed for voting in US elections and not Nigeria

Singer Davido slammed for voting in US elections and not Nigeria

As election day dawned in the US on October 5, 2024, Davido took to X to post a picture of him holding his ‘I voted’ sticker, happily announcing that he exercised his civil right for the first time ever. However, his post was not well received by many Nigerians, who accused him of not being as vocal about the Nigerian …

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