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US Fed official urges caution but says could back October cut
A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.
IMF names 5 countries as Africa’s fastest-growing economies, Nigeria missing
The International Monetary Fund (IMF) excluded Nigeria from Africa’s fastest-growing economies list, naming five countries for their strong reforms.
Angry man sets his ex-girlfriend on fire after breakup in Oyo barracks
Oyo police arrested Lawal Faruq for allegedly setting his ex-girlfriend ablaze after a breakup in Ibadan barracks, as authorities launched an investigation.
Herbert Macaulay's family rejects Tinubu’s posthumous pardon of nationalist, gives reasons
Macaulay family condemns Tinubu’s inclusion of nationalist Herbert Macaulay in posthumous pardon list, demanding distinct national recognition for his legacy.
Sarah Martins' street food compared to Hilda Baci's cookathon: "U can't try it in other states"
Actress Sarah Martins' free street food for the less privileged in Lagos stirred controversy, with comparisons drawn to Hilda Baci's Jollof cook-a-thon.
US sinks international deal on decarbonising ships
An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.
Breaking: Court takes action over ‘free Nnamdi KanuNow’ protest
The Abuja court rejected a police bid to stop the ‘Free Nnamdi Kanu Now’ protest, with Sowore calling the ruling a victory for democracy and civil rights.
Why Vatican under Pope Leo approved prayer room for muslims
The Vatican Library welcomes Muslim scholars with prayer space, reflecting its universal mission and interfaith respect in a historic centre of global learning.
US Treasury chief to speak with China counterpart as tensions flare
US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.
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