Trump Imposes 25% Tariff on Imported Cars, Sparking Global Backlash
President Donald Trump has announced a sweeping 25% tariff on imported cars and auto parts, a move that has sent shockwaves through global markets and drawn sharp criticism from major U.S. trading partners. The new tariffs, set to take effect at 12:01 AM on April 3, 2025, apply to all foreign-made automobiles and light trucks, […]
Tesla’s European Sales Plummet Amid Rising EV Competition and Political Controversies
Tesla European Sales Decline by 49% as EV Market Grows Tesla is struggling to maintain its dominance in the European electric vehicle (EV) market, with sales plunging 49% in the first two months of 2025. According to the European Automobile Manufacturers’ Association (ACEA), Tesla’s sales dropped from 37,311 vehicles in early 2024 to just 19,046 […]
Brazilian Workers Could Receive Salaries in Crypto Under New Bill
Brazilian Workers May Get Salaries in Crypto Under New Bill Brazil is taking a major step toward cryptocurrency adoption with a new bill, PL 957/2025, which could allow Brazilian workers to receive salaries in crypto. Introduced on March 12, 2025, by federal deputy Luiz Philippe de Orleans e Bragança, the bill proposes that employees can […]
Samsung Mourns as Co-CEO Han Jong-hee Dies of Heart Attack at 63
Samsung Co-CEO Han Jong-hee Passes Away at 63 Samsung Electronics is grieving the sudden loss of Samsung Co-CEO Han Jong-hee, who died on Tuesday at the age of 63 after suffering a heart attack. His passing marks a significant moment for the company, as he was a driving force behind Samsung’s success in consumer electronics, […]
Zenith Bank Partners with OracleFS to Upgrade Core Banking Systems
Major Digital Transformation for Leading West African Lender Zenith Bank, one of Anglophone West Africa’s largest lenders, has signed a landmark agreement with OracleFS to modernize its core banking infrastructure and trade finance operations. This strategic shift marks a major overhaul of Zenith’s banking technology across multiple countries, replacing its previous system provided by Finastra’s […]
Ripple Secures $75 Million as SEC Case Ends—XRP Price Surges
Ripple’s Legal Victory Fuels XRP Price Surge Ripple Labs has officially settled all legal appeals with the U.S. Securities and Exchange Commission (SEC), marking a major breakthrough for the company and the broader cryptocurrency industry. This resolution has allowed Ripple to reclaim $75 million that was previously held in escrow. The news has ignited a […]
Enugu Tech Festival to Drive Innovation and Investment
The Enugu State Ministry of Innovation, Science, and Technology has announced plans to host the inaugural Enugu Tech Festival (ETF). Scheduled to take place from May 6 to May 9, 2025, at the International Conference Centre, Enugu, this landmark event aims to accelerate technological advancement and establish the state as a leading innovation hub in […]
Nigeria to Ban Solar Panel Imports, Boost Local Production for Clean Energy Transition
Nigeria to Ban Solar Panel Imports to Strengthen Local Manufacturing The federal government has announced its decision to ban solar panel imports as part of a broader effort to promote local manufacturing and accelerate Nigeria’s clean energy transition. Minister of Science and Technology, Uche Nnaji, revealed this plan during the unveiling of the NEV T6 […]
Namibia Produces Its First Green Hydrogen, Leading Africa’s Clean Energy Transition
Namibia Achieves a Milestone in Green Hydrogen Production Namibia has taken a groundbreaking step in the renewable energy sector by producing its first green hydrogen at the HyIron Oshivela project. This achievement reinforces the country’s position as a key player in green hydrogen in Namibia, a growing industry that promises to drive Africa’s transition to […]
Biofuels: A Key Solution to Africa’s Energy Access Gap in the Green Transition
Biofuels in Africa’s Green Transition – A Game Changer for Energy Access Africa faces a pressing energy challenge, with millions lacking reliable electricity and clean cooking solutions. Biofuels in Africa’s green transition offer a sustainable pathway to bridge this gap, reducing dependence on fossil fuels while promoting environmental conservation. As bioenergy gains traction, its role […]
