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Greece Posts Strong Primary Budget Surplus Through November 2025
Greece has recorded a central government primary budget surplus of €12.65 billion ($14.8 billion) in the 11 months ending November 2025, significantly exceeding the targeted surplus of €7.70 billion, according to provisional figures released by the Greek Ministry of Finance. Strong Fiscal Performance Driven by Higher Revenues and Controlled Spending The primary surplus, which excludes
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Popular TikToker Peller Arrested for Reckless Driving in Lagos
The Lagos State Police Command has arrested Habeeb Hamzat, known online as Peller, following a viral video showing him driving recklessly during a live broadcast, which resulted in a crash. Police Statement Highlights: CP Olohundare Jimoh, Lagos Commissioner of Police, also warned social media influencers and the public against promoting hazardous or illegal activities online,
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UK Housing Market Shows Slower Growth in House Prices and Private Rents
The UK housing market is showing signs of moderation, as both house prices and private rental growth slow down, according to the latest data from the Office for National Statistics (ONS). Annual House Price Growth Hits New Low In October 2025, UK house prices increased by 1.7% year-on-year, marking the smallest annual rise since September
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India’s Russian Oil Imports Remain Resilient Despite Western Sanctions
India’s crude oil imports from Russia are holding strong despite mounting international pressure and sanctions from the United States and other Western countries. According to trade and refining sources, India is set to import more than 1 million barrels per day (bpd) of Russian crude in December, underlining the country’s continued reliance on Russian oil
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Debt Management Office Urges States to Borrow Responsibly
The Debt Management Office (DMO) has called on Nigeria’s state governments to adhere strictly to the Fiscal Responsibility Act when borrowing. Director-General Patience Oniha made the appeal during a workshop in Abuja for state officials on responsible borrowing. She emphasized the importance of understanding debt recording, sustainability analysis, and medium-term debt management strategies. Oniha explained
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South Korea Central Bank Warns of Upside Inflation Risk Amid Weaker Won
South Korea’s central bank cautioned on Wednesday that headline inflation in 2026 could surpass earlier forecasts if the won remains weak against the U.S. dollar. The warning comes as the Bank of Korea (BOK) monitors currency volatility and potential spillover effects on domestic prices. Won’s Weakness Could Push Inflation Higher In its biannual inflation report,
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Nigeria’s Port Traffic and Cargo Surge in Q3 2025Nigeria’s Port Traffic and Cargo Surge in Q3 2025
Nigeria’s ports recorded significant growth in the third quarter of 2025, according to the Nigerian Ports Authority (NPA). Total cargo throughput rose to 33.52 million metric tons, a 16.2% increase from Q3 2024. Container traffic grew 18.9% to 546,931 TEUs, with export containers surging 1,085% to 69,039 TEUs, signaling a major boost in non-oil exports.
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Sterling Slides as Falling Inflation Boosts Expectations of Bank of England Rate Cut
Sterling plunged to its largest one-day decline in weeks on Wednesday as investors bet heavily that the Bank of England (BoE) will cut interest rates on Thursday. The move followed official data showing British inflation fell sharply in November, intensifying expectations of an imminent easing cycle. UK Inflation Slows in November Consumer price inflation (CPI)
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South African Inflation Eases in November, Paving Way for Further Interest Rate Cuts in 2026
South Africa’s headline inflation slowed for the first time in three months in November 2025, raising expectations that the South African Reserve Bank (SARB) may implement additional interest rate cuts next year. The easing of inflation comes as the central bank adopts a new, lower 3% target, signaling continued monetary accommodation for the country’s economy.
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France and West Africa: Why Nigeria Must Stay Strategically Engaged
Usman Sarki argues that despite growing anti-French sentiment in Mali, Burkina Faso, and Niger, France remains a critical strategic actor in West Africa, with far-reaching implications for Nigeria. As a nuclear-armed UN Security Council member with advanced military, intelligence, and surveillance capabilities, France continues to shape regional security dynamics, even as it withdraws troops from
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