Arms Makers See Record $679B Revenue Amid Global Tensions
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
Ukrainian President Volodymyr Zelensky dismisses powerful chief of staff Andriy Yermak following anti-corruption search of his residence. Critical blow to Ukraine's negotiation strategy amid peace talks.
Belgium's Prime Minister Bart De Wever strongly opposes the EU proposal to use frozen Russian assets for Ukraine funding, citing legal and financial risks for his country.
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
A Russian military court has handed life sentences to eight individuals for the 2022 attack on the Kerch Bridge, a vital supply link to annexed Crimea. The blast killed five and triggered massive Russian retaliation. Read the full details.
Russian President Vladimir Putin denies plans to attack Europe while France announces military service revival. Read latest developments in Ukraine conflict and peace talks.
Russian President Putin demands Ukraine cede occupied territories for peace, threatening continued military action. US proposes new peace plan as conflict escalates. Read the latest developments.
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
Nigerian Railway Corporation inaugurates new Anti-Corruption Unit to enhance transparency and accountability in railway services. ICPC partners in governance reform.
SGF George Akume reveals Nigeria loses $18 billion annually to procurement corruption. New training program aims to strengthen transparency and accountability in public spending.
Seventeen South African men recruited through social media influencers are trapped in Ukraine manufacturing drones. Investigation reveals global trafficking network exploiting African youth.
Russia and Ukraine trade deadly attacks as US President Trump's peace proposal faces European resistance. Six killed in Kyiv, three in Rostov. Updated plan aims to uphold Ukrainian sovereignty.
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
European nations present 28-point peace counter-proposal for Ukraine war, challenging Trump's plan with stronger NATO provisions and Russian asset seizures for reconstruction.
European and African leaders gather in Angola for crucial talks on trade, critical minerals and security cooperation amid US-European rift over Ukraine peace plan. Read more.
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
European and African leaders gather in Angola for critical talks on trade, minerals and Ukraine crisis. Discover how this summit reshapes continental partnerships.
US President Donald Trump criticizes Ukraine for lacking gratitude as top officials meet in Geneva to discuss controversial 28-point peace plan to end Russia-Ukraine war. Read latest developments.
Russia announces the capture of three more villages in eastern Ukraine. The advance comes as international officials gather in Geneva to discuss a controversial US peace plan for ending the war.
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
Belarus has pardoned 31 Ukrainian citizens as part of diplomatic agreement between Lukashenko and Trump. Read details of this significant political development.
Ukraine's Zelenskyy warns of losing US support or national dignity as Trump pressures for a swift peace deal. Read the latest on the critical negotiations.
White House reveals 28-point peace proposal requiring Ukraine to cede territory to Russia and limit military size. Plan includes NATO restrictions and territorial recognition.
White House confirms Trump administration's peace proposal for Ukraine conflict, calling it beneficial for both sides despite concerns it favors Moscow. Read details.
Ukraine agrees to develop US-drafted peace plan with Russia. Proposal includes territorial concessions and military reductions. Zelensky to discuss with Trump.
Two Nigerian teenagers share their harrowing escape from Russian military draft in occupied Mariupol. Read their incredible survival story and the risks facing young men in conflict zones.