Tag Archives: set

Federal Reserve set to cut rates as post-election uncertainty grows

Federal Reserve set to cut rates as post-election uncertainty grows

The US Federal Reserve is set to cut interest rates again this week as post-election uncertainty grows. ADVERTISEMENT Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s presidential election victory. Yet the Fed’s future …

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AMAA 2024: Femi Kuti, 9ice set to dazzle as African film icons gather in Lagos

AMAA 2024: Femi Kuti, 9ice set to dazzle as African film icons gather in Lagos

This year’s AMAA, which will be held at the Balmoral Convention Centre in Ikeja, will bring together over 60 notable figures from Africa’s film industry. “We’re thrilled to host some of the continent’s most accomplished creatives,” Anih said. “This year’s AMAA will be unforgettable with the talent we have on board.” L-R: Sunny McDon, AMAA CEO Dr Raymond Anyiam-Osigwe, COO …

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Gunmen k!ll businessman, set body ablaze in Ebonyi

Gunmen k!ll businessman, set body ablaze in Ebonyi

Gunmen have k!lled a 48-year-old businessman and member of the local security, Michael Nnaji, and set his body ablaze at Amaka Ngbo community in Ohaukwu Local Government Area of Ebonyi state.    The native of Amuri in Nkanu Local Government Area of Enugu State was said to have been shot twice by the hoodlums who invaded his business area at …

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“U.S elections turning to that of Nigeria” Reactions as multiple ballot boxes are set ablaze, destroying hundreds of votes (video)

Fires were set in ballot drop boxes in Portland, Oregon, and in nearby Vancouver, Washington, where hundreds of ballots were destroyed.  The Portland Police Bureau reported that officers and firefighters responded to a fire in one ballot drop box at about 3:30 a.m. and determined an incendiary device had been placed inside.  Multnomah County Elections Director Tim Scott said a …

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Volkswagen set to close three German plants and cut thousands of jobs

Volkswagen set to close three German plants and cut thousands of jobs

Further talks are planned between Volkswagen and trade union leaders on Wednesday. ADVERTISEMENT Volkswagen’s management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives. The manufacturer is also seeking to downsize all remaining plants, added the document. This will, it …

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Davido’s father set to launch biggest power plant in Nigeria

Davido's father set to launch biggest power plant in Nigeria

Speaking as a Layperson from the West-Central Africa Division during the Seventh Day Adventist General Conference Annual Council on Tuesday, October 15, 2024, Adedeji Adeleke revealed that it is a 1,250MW power plant and it will be the biggest thermal power plant in Nigeria. He also shared his experience during the process of getting the environmental permit for the power …

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