Category: All Posts in Business Category
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Gencos Demand Urgent Meeting with President Tinubu Over ₦4.7 Trillion Debt

Wafric News – May 7, 2025 Power generation companies in Nigeria are calling for an immediate meeting with President Bola Tinubu over the staggering ₦4.7 trillion debt owed to them by the Federal Gover...

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US and China to Resume Trade War Talks in Switzerland This Week

Wafric News – May 7, 2025 Geneva, Switzerland - Top officials from the United States and China will meet this week in Switzerland to kick off high-stakes negotiations aimed at defusing the intensifyin...

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UK and India Seal Landmark Trade Deal After Lengthy Negotiations

Wafric News – May 6, 2025 London/New Delhi — In a significant geopolitical and economic shift, the United Kingdom and India have signed a comprehensive trade agreement after three years of intense neg...

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DoorDash to Acquire Deliveroo for Nearly $4 Billion in Push to Expand in Europe

Wafric News – May 6, 2025London, UK – DoorDash, the US-based meal delivery leader, has agreed to purchase British rival Deliveroo for £2.9 billion ($3.9 billion), as the two companies seek to bolster...

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Tinubu Endorses Bold $122 Billion Plan to Transform Nigeria’s Power Sector

Wafric News – May 6, 2025 President Bola Tinubu has officially approved Nigeria’s most ambitious electricity reform blueprint yet, giving the green light to a national policy expected to attract over...

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Student Loan Crisis Deepens in the U.S. as One in Five Borrowers Now Seriously Delinquent

By WafricNews | May 6, 2025The student debt crisis in the United States is entering a dangerous new chapter, with a record 20.5% of federal borrowers now classified as “seriously delinquent,” accordin...

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Trump Targets Foreign Films With 100% Tariffs in Bid to Revive Hollywood

Wafric News | Washington, D.C. – May 5, 2025In a dramatic escalation of his global trade offensive, U.S. President Donald Trump has announced plans to slap 100% tariffs on movies produced outside the...

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Elon Musk’s SpaceX Hub in Texas Officially Becomes a City Called Starbase

WafricNews | May 4, 2025What started as a private rocket launch site in a remote corner of Texas has now officially been stamped into existence as a city — welcome to Starbase, Texas.Over the weekend,...

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World Bank Reveals 75% of Rural Nigerians Now Live in Poverty

Wafric News | May 4, 2025ABUJA — Nigeria’s deepening economic troubles have pushed a staggering 75.5% of its rural population into poverty, according to a new report from the World Bank, spotlighting...

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Warren Buffett Announces Retirement After 60 Years of Leading Berkshire Hathaway

Wafric News | May 4, 2025Warren Buffett, the legendary investor and one of the wealthiest individuals in the world, announced on Saturday that he plans to step down as the CEO of Berkshire Hathaway by...

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