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Author: Amara Abubakar

Joann Closing 500 Fabric and Craft Stores in 49 States: Full List of Closures

13 February 2025 Amara Abubakar
Joann Closing 500 Fabric and Craft Stores in 49 States: Full List of Closures

Joann, a prominent fabric and craft retailer, has announced plans to close approximately 500 of its 800 stores across 49 states as part of its Chapter 11 bankruptcy proceedings. This decision comes amid ongoing financial […]

Business briefing, Economy, Financial analysis

Marc Fogel’s Release: A Significant Development in U.S.-Russia Relations

12 February 2025 Amara Abubakar
Marc Fogel's

Introduction In a notable turn of events, American educator Marc Fogel has been released from Russian detention after more than three years. This development is seen as a potential positive step in the often strained […]

Policy & Politics

CBN’s MPC announces rate hike to 18.75% in Tinubu’s first term as president

25 July 202325 July 2023 Amara Abubakar

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has made its first interest rate decision under the Bola Tinubu administration, raising the monetary policy rate (MPR) from 18.5 percent to 18.75 percent. This decision […]

Economy

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