Excerpt from the 2025 AUD/USD Outlook Report The RBA, Fed, and the Shifting Rate DifferentialsThe Federal Reserve’s easing cycle has reduced the RBA-Fed interest rate differential to just -15bps, a trend we anticipated in our 2024 outlook. Typically, this would be a bullish signal for AUD/USD, but recent developments have shifted the dynamics significantly. Renewed…
Access Bank Plc, Nigeria’s biggest lender by assets, raised 351 billion naira ($228 million) in a rights offer to boost its capital above a new regulatory threshold as it embarks on an expansion plan. Access Bank Raises Capital to Accelerate Global Expansion Access Bank has announced an increase in its share capital to 600 billion…
Nigerians burst into laughter as a viral video showed Funke Akindele playfully kissing skit maker Kamo on the lips. The clip quickly spread online, sparking mixed reactions and making Funke and Kamo, whose real name is Akinyoola Ayoola, the center of social media discussions. Kamo, Funke Akindele, and the other members of the Everybody Loves…
The Federal Government of Nigeria allocated N8.73 billion in 2024 for power infrastructure upgrades at the Nnamdi Azikiwe International Airport in Abuja, aimed at ensuring a reliable electricity supply for the new international terminal. This information was revealed in a report from BudgIT’s transparency platform, GovSpend. The majority of the funds were directed towards outsourced…
Syrian Christians celebrated Christmas Eve services on Tuesday for the first time since the ousting of President Bashar al-Assad. The ruling Islamist group, Hayat Tahrir al-Sham (HTS), which emerged after Assad’s fall, had pledged to safeguard the rights of the country’s religious minorities. The Christmas service took place under strict security measures due to concerns…
Pope Francis officially inaugurated the 2025 Jubilee of Hope by opening the Holy Door at St. Peter’s Basilica on Christmas Eve, December 24, 2024. This significant event marks the beginning of a Jubilee year, which occurs every 25 years, and will conclude with the door’s closing on January 6, 2026, during the Solemnity of the…
A passenger plane operated by Azerbaijan Airlines crashed in Kazakhstan, resulting in numerous fatalities among the 67 people on board. Local authorities have reported that at least 38 individuals lost their lives in the incident. The Embraer 190 aircraft was attempting to make an emergency landing near Aktau when it caught fire during its descent….
Experts are urging caution against excessive consumption of Sugar-Sweetened Beverages (SSBs), commonly known as soft drinks, during this festive season. The warning comes in light of the growing prevalence of non-communicable diseases (NCDs) linked to the consumption of these sugary beverages. The World Health Organization (WHO) defines SSBs as any drinks containing free sugars, including…
Lassa fever has claimed the lives of 190 individuals in Nigeria this year, with over 1,100 people across six states affected by the disease. In response to the escalating situation, Nigeria has established an emergency response center following a high-risk assessment by the Nigerian Center for Disease Control (NCDC). This center will coordinate efforts to…
