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Fed’s Lorie Logan Advocates Holding Interest Rates Steady Ahead of December Meeting
WASHINGTON, Nov 21, 2025 – Dallas Federal Reserve President Lorie Logan urged the U.S. central bank on Friday to hold interest rates steady “for a time” as policymakers assess the impact of current borrowing costs on the economy. Her remarks come amid heightened market speculation over a potential rate cut at the Federal Open Market…
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Seriake Dickson Explains Why He Withdrew from Panel Investigating Timipre Sylva
Bayelsa West Senator Seriake Dickson has disclosed why he recused himself from a Senate Committee investigation into former Petroleum Minister Timipre Sylva regarding allegations of a $14.8 million diversion. Key points from Dickson’s statement: Context:
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Bitcoin Plunges Toward $80,000 as Crypto Market Faces Sharp Selloff
SINGAPORE/LONDON, Nov 21, 2025 – Bitcoin dropped to a seven-month low on Friday, closing near the critical $80,000 level, raising concerns among analysts of potential heavier losses for the world’s largest cryptocurrency. Ethereum also hit a four-month low, highlighting a broader risk-off sentiment in the cryptocurrency market. The fall comes amid growing investor caution over…
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Global Equity Funds See Ninth Straight Week of Inflows on Strong Corporate Earnings
NEW YORK, Nov 21, 2025 – Global equity funds attracted net inflows for a ninth consecutive week, fueled by robust corporate earnings and investor confidence across major sectors, according to LSEG Lipper data. Investors continue to focus on strong third-quarter earnings growth, brushing aside concerns over stretched technology valuations and market volatility. During the week…
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U.S. Equity Funds See Fifth Consecutive Week of Inflows Amid Strong Earnings
NEW YORK, Nov 21, 2025 – U.S. equity funds attracted net inflows for a fifth consecutive week, driven by strong third-quarter earnings growth and sustained investor confidence in the technology and broader equity markets, according to LSEG Lipper data. Investors poured $4.36 billion into U.S. equity funds for the week ending November 19, a nearly…
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Peter Obi Reacts to Nnamdi Kanu’s Conviction and Life Sentence
Former Labour Party presidential candidate Peter Obi has commented on the life imprisonment sentence of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). In a post on his verified X account, Obi expressed concern that the conviction comes at a time when Nigeria is facing severe economic hardship, insecurity, and governance challenges. He…
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AI Stock Rally Shows Cracks as Investors Raise Bubble Concerns
NEW YORK, Nov 21, 2025 – The recent surge in artificial intelligence (AI) stocks is showing signs of strain, raising concerns among investors about whether the market is experiencing a speculative bubble. After months of soaring valuations, some AI and AI-adjacent stocks have experienced sharp pullbacks, prompting a reevaluation of risks and near-term profitability in…
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AstraZeneca to Invest $2 Billion in U.S. Manufacturing Expansion
BALTIMORE, Nov 21, 2025 – AstraZeneca (AZN.L) announced on Friday that it will invest $2 billion to expand its manufacturing operations in Maryland, part of its broader $50 billion U.S. investment plan aimed at boosting manufacturing and research capabilities by 2030. This move aligns with ongoing calls from U.S. policymakers, including former President Donald Trump,…
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Jigawa Monarch Warns Imams Against Interfering in Judicial Matters
The Emir of Hadejia, Alhaji Dr. Adamu Abubakar Maje, has cautioned newly appointed Imams and Deputy Imams against involving themselves in judicial issues, stressing that such matters should always be referred to the appropriate authorities. Speaking at his palace during the appointment of eleven Juma’at Mosque Imams and five Deputy Imams, the Emir emphasized that…
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Moody’s Upgrades Italy’s Sovereign Rating for First Time in 23 Years
MILAN, Nov 21, 2025 – Global credit ratings agency Moody’s upgraded Italy’s sovereign rating from Baa3 to Baa2, marking the country’s first rating increase in 23 years. The decision reflects Italy’s consistent political stability, fiscal discipline, and progress in economic reforms, according to Moody’s. Moody’s Cites Policy Stability and Fiscal Progress In its statement, Moody’s…
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