BUSINESS
IMF Forecast: Middle Eastern Conflicts to Widen Economic Inequality
The International Monetary Fund warns that ongoing conflicts in the Middle East will exacerbate global economic disparities.
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He Bowed, Trembled and Prostrated. By Chidi Amuta
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
Peter Obi, and Why It Matters Now. By Chris Chinwe Ulasi
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
The Man Without a Price, Ralph Obiọha (Ọkpụrụisizuruọha II). By Elsie-Bernadette Onubogu
Special to USAfricaonline.com, the first African-owned, U.S.-based newspaper published on the internet and USAfrica magazine.…
USAfrica: Obama blasts Trump as an agent of “chaos and cruelty and corruption”
USAfricaonline.com: U.S. former President Barack Obama, campaigning on October 24, 2026 at one of his…
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Threads now has over 175 million users, one year after launch – Mark Zuckerberg
Meta’s founder and CEO, Mark Zuckerberg, has announced that the company's latest social media app, Threads, now boasts over 175…
ATJLF commits $2.68M to human rights in Nigeria and West Africa
The Africa Transitional Justice Legacy Fund (ATJLF) has announced a commitment of $2.68 million in support for civil society organizations…
Court orders forfeiture of $1.4 million linked to Ex-CBN Governor Emefiele
The Federal High Court in Lagos has ordered the final forfeiture of $1,426,175.14 linked to Godwin Emefiele, the former Governor…
Excessive taxation on pure water traders: Committee chairman advocates for reform
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has disclosed that traders in Nigeria's pure…
Nigeria: Exchange rate hits five-week low, approaches N1,500/$1
The exchange rate between the naira and the dollar fell to a six-week low on Monday, closing at N1,490.2/$1, just…
Oil prices rise on summer demand, Mideast tensions
Oil prices increased by about 1% on Monday, June 23, 2024, driven by the anticipation of robust summer driving demand…
Cryptocurrency market faces steep decline amidst weak demand and policy uncertainty
The cryptocurrency market is experiencing increasing losses following its second-worst weekly decrease in 2024. This decline is attributed to waning…
Kenya: Protests erupt in Nairobi over proposed tax hikes
On Thursday night, (June 20, 2024), Nairobi witnessed a series of protests as Kenyans took to the streets to express…