RCBU -News Updates

What’s the State of Play in the Strait of Hormuz?

It could take weeks for traffic through the route to return to even half of prewar levels, with knock-on effects continuing for months.

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Sterling, Gilts Recover After U.K. Prime Minister...

Yields on U.K. government bonds turned lower while sterling edged up following the announcement.

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U.K. Prime Minister Keir Starmer Quits After Party...

Britain is headed for its sixth prime minister in seven years, an unprecedented period of political turbulence for the country.

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In Washington and Around the World, Alliances Are...

Plus, more pool problems for Trump, and Jay Clayton remains in limbo over the post of director of national intelligence.

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Iran Mediators Offer Plan to Ease Lebanon, Hormuz...

Trump threats had created friction at peace talks, which were complicated by fighting between Israel and Hezbollah in Lebanon.

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SK Hynix Tops Samsung to Become South Korea’s Most...

Memory-chip maker SK Hynix has overtaken Samsung Electronics to become South Korea’s most valuable company amid the AI-driven chip...

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China Slaps Restrictions on Dozens of U.S. Companies

The tit-for-tat retaliation comes after Washington’s decision to expand its military-linked company list.

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Inside the Daring Operation to Avert a New Disaster...

The battle to contain a fire at the site of the world’s worst nuclear disaster reveals a new danger on the front line of the war in...

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Colombia Elects Hardline Populist Who Vows War on...

Abelardo de la Espriella promises more prisons and a crackdown after cocaine production and the ranks of armed groups expanded across...

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This Futuristic Japanese Warship Is on the Market...

Japan is looking to exports to revitalize its defense industry, strengthen regional deterrence against China and help meet global...

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Vance Heads to Peace Talks, After Iran Says It Closed...

Peace talks in Switzerland between the U.S. and Iran are on track amid renewed clashes in Lebanon between Israel and Hezbollah.

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Iran Can Now Sell Oil. How Fast Can It Ramp Up?

The Washington-Tehran deal allows Iranian oil shipments on the open market for the first time since 2018.

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BOE Should Lower Rate if There Is Peace in Middle...

Monetary Policy Committees member Alan Taylor said that for as long as there are high levels of uncertainty about the progress of...

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Bank of Canada Gov. Macklem Warns of Excess Imbalances...

Excess global imbalances are widening again, with risks of an economic disruption heightened by an increasing share of financial activity...

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Explosion at Qatar Natural-Gas Plant Leaves 13 Dead,...

The blast struck during the startup of operations at the Ras Laffan industrial complex, as Qatar works to restore LNG exports disrupted...

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Russia Faces Spreading Fuel Shortages After Ukrainian...

Lines at gas stations are a growing headache for the Kremlin’s efforts to shield its citizens from the consequences of the four-year-old...

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Books for wherever summer takes you. Beach blanket...

Mysteries, histories, and romances blossom just in time for the summer reading season. 

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Starmer is out, but is Britain done with its prime...

Will Andy Burnham, expected prime-minister-to-be, be able to learn from the mistakes of the carousel of British prime ministers over...

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A decade after vote, UK finds Brexit hasn’t lived...

The United Kingdom’s decision to leave the European Union was partly about sovereignty, but the country doesn’t feel freer. Pre-Brexit...

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Los Angeles superintendent resigns after AI contract...

Los Angeles Unified School District Superintendent Alberto Carvalho touted student progress, but came under investigation over artificial...

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Back to the clack: In the digital age, these typewriter...

Old-school ribbon-and-ink machines have a devoted – and growing – following.

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Trump, Iran, and the logic of a new nuclear deal

President Trump is trying to improve on the Obama-era Iran deal after failing to get a military victory.   

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Teachers look for extra work during summer and the...

Recent salary gains for some teachers in recent years are being consumed by growing inflation, pushing them to find second jobs.

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Hot chicken is OK, but soda isn’t? Battle over SNAP...

Both parties have been enacting state-level bans on using SNAP benefits for soda and candy. On Monday, a federal judge said the new...

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With birth rates falling, Southeast Asian nations...

Going against traditional religious values, a lot of younger families in Southeast Asia are deciding to have fewer children – or even...

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Out of war, new alliances for stability

Even as oil shipments resume through the Strait of Hormuz, Gulf nations are creating alternative regional relationships and pathways...

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Dele-Bashiru set to work under Gattuso at Lazio

Nigerian midfielder Fisayo Dele-Bashiru is set to play under new manager Gennaro Gattuso at Lazio, offering him a fresh opportunity...

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Sevilla weigh Adams sale amid growing interest

Sevilla are considering selling Super Eagles striker Akor Adams for €20m due to financial challenges. Learn about the clubs interested...

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OOUTH paralysed as doctors strike over unpaid allowances

OOUTH doctors embark on a 10-day warning strike over unpaid professional and specialist allowances, manpower shortage, and poor welfare...

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Anxiety as Anambra begins reclamation of public land

Anambra State intensifies efforts to reclaim public land and enforce planning regulations, sparking anxiety among traders and property...

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NADECO rejects Abdulsalami’s claims on Abiola, military...

NADECO leaders reject Gen. Abdulsalami Abubakar’s claims about MKO Abiola’s death and alleged requests for military rule extension...

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Wiretapping: El-Rufai to file no-case submission as...

Nasir El-Rufai will file a no-case submission in his wiretapping trial after the DSS closed its case. Learn more about the alleged...

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Wema Bank, EIB Global sign €50m SME financing deal

Wema Bank partners with EIB Global for a €50m financing deal, boosting credit access for Nigerian SMEs, especially women and youth-owned...

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FG issues fresh petrol import permits

The Federal Government has approved new petrol import permits for Q3 2026 to prevent supply shortages, amid declining fuel stocks...

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Nigeria’s elections still unsafe

Nigeria’s elections are plagued by violence, ballot box snatching, and killings. Discover the root causes and what needs to change...

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Lagos shuts Oshodi market over attack on sanitation...

Lagos State Government shuts Oshodi Resettlement Market after traders attacked environmental sanitation officers during an enforcement...

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Oluremi Tinubu marks RHI anniversary with 27,000 FCT...

First Lady Oluremi Tinubu celebrates three years of her Renewed Hope Initiative (RHI) in the FCT, empowering over 27,000 beneficiaries....

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Nigeria exports N105bn petrol to Togo in three months

Nigeria exported N105.5bn worth of petrol to Togo in Q1 2026, marking a significant shift in the downstream sector as Dangote Refinery...

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Ogun attracts $250m dairy investment in agric sector

Ogun State has secured a $250m investment in its agricultural sector as Pure Dairy Herds announced plans to establish a large-scale...

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Party deregistration risks crisis

The deregistration of five opposition parties despite a stay of execution order risks a political crisis in Nigeria. Learn about the...

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Boobytraps in Nigeria’s Constitution

Explore the boobytraps embedded in the Nigerian Constitution that critics argue are designed to ensure government failure and lack...

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Beyond the Father’s Day tributes

Explore the multifaceted roles and challenges of fatherhood in Nigeria, beyond the Father’s Day celebrations. Understand the impact...

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Rep defends defection to APC, present scorecard

Rep. Chimaobi Atu defends his defection from Labour Party to APC, citing development needs for Enugu North/South. Learn about his...

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Lagos security guard praised after returning customer’s...

A Lagos security guard, Adebanjo Samuel, is commended for his integrity after returning a customer’s misplaced $9,100 at a First City...

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Alia kicks as Ortom vows to expose rot, looting in...

Former Benue Governor Samuel Ortom vows to expose ‘rot and looting’ in Governor Hyacinth Alia’s administration, reacting to a N139.8bn...

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LASG unveils N200m grant for young agripreneurs

The Lagos State Government has launched the third edition of its Agrithon programme, unveiling a N200m funding package aimed at supporting...

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Ethiopian Airlines boosts domestic operations with...

Ethiopian Airlines acquires two DHC-6 Twin Otter Classic 300-G aircraft to strengthen domestic operations, improve access to remote...

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Friends demand justice for slain ex-OGTV broadcaster

Friends of Kitan Oyesiku, the slain ex-OGTV broadcaster, are demanding justice from the Ogun State government and security agencies...

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N5.2tn remains outside banks despite CBN cashless...

Despite the CBN’s cashless policy, N5.19tn remains outside Nigerian banks in May 2026. Discover the implications of this persistent...

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Labour backs push for decent work agenda

The International Labour Organization (ILO) strongly supports the G7’s commitment to the Decent Work Agenda, promoting quality jobs...

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FAAN boss opposes creation of aviation finance institution

FAAN MD Olubunmi Kuku rejects proposals for a dedicated aviation finance body, advocating for existing lenders to create specialized...

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