The New York Police Department (NYPD) is searching for a suspect who was caught on camera before allegedly abandoning a baby girl who was found alive at Penn Station in Manhattan Monday morning.
"The baby is in a stable condition and remains at Bellevue Hospital. The investigation is ongoing as officers look for video footage," the NYPD confirmed to Fox News Digital.
According to police reports, the infant was discovered around 9:30 a.m. local time on the stairway leading to the southbound No. 1, 2, and 3 trains at the 34th Street–Penn Station stop.
Officials were alerted after an anonymous caller reported seeing the baby left unattended on the steps at West 34th Street and 7th Avenue.
When first responders from the FDNY and NYPD arrived, they found the baby wrapped in a blanket, conscious and alert. The baby was then taken to Bellevue Hospital.
According to FOX 5, the baby was found with her umbilical cord still attached and wrapped only in a sheet, but was alert and conscious.
Investigators are now reviewing surveillance footage from Penn Station in hopes of identifying who left the baby there.
As of Tuesday morning afternoon, no arrests had been made, but police released an image of the suspect. The identity of the infant’s parents remains unknown.
Per New York’s Safe Haven Law, parents are allowed to legally and safely surrender newborns at hospitals, police precincts, or fire stations without facing criminal charges as long as the child is left in the care of responsible personnel.
The baby was taken to a local hospital for evaluation, the NYPD said.
Africa’s military might has evolved over the years, with several nations strengthening their defence capabilities and widening their military power.
According to the Global Firepower Index, they evaluate the military strength of over 140 countries based on manpower and equipment and also highlight how nations are positioning themselves on the global stage.
The 2025 rankings unveiled the growth, advancement and regional balance, with African powerhouses putting investments in technology and training for a goal of maintaining security and stability.
Here are the top African military forces by their global rankings:
1. Egypt (Global rank: 19)
Egypt has been Africa’s strongest military power and one of the most capable globally. They have built a well-trained army, a solid air force, and an expanding naval zone.
2. Algeria (Global rank: 26)
Algeria ranks second in Africa due to its large defence budget and good ties with global military suppliers. The country’s modern air fleet and well-equipped ground forces ensure readiness across its vast territory.
3. Nigeria (Global rank: 31)
Nigeria’s military has grown in strength through modernisation efforts and local defence production. The nation’s pumping into the military is for countering terrorism within its states.
4. South Africa (Global rank: 40)
South Africa combines advanced technology with a professional army, backed by a strong domestic defence industry. Its air force and naval forces make it a principal security player in Southern Africa.
5. Ethiopia (Global rank: 52)
Ethiopia’s large troop numbers and continued investment in equipment give it a solid ranking. Despite internal challenges, the country maintains a strong regional military presence.
6. Angola (Global rank: 56)
Angola’s steady economic recovery has allowed it to rebuild its military strength. The country has invested in new aircraft and armoured vehicles, making it a reliable force in Central Africa.
7. Morocco (Global rank: 59)
Morocco continues to bolster its armed forces with a mix of Western and homemade equipment. Its strong air and ground forces contribute to regional stability and deterrence.
8. Democratic Republic of the Congo (Global rank: 66)
The DRC’s large manpower and growing focus on modernisation have helped it climb the ranks. Efforts to improve logistics and coordination are strengthening its national defence.
9. Sudan (Global rank: 73)
Despite political transitions, Sudan maintains a structured and experienced army. Continued cooperation with allies has kept its defence capabilities active and functional.
10. Libya (Global rank: 76)
Libya rounds out the top ten as it rebuilds its military infrastructure. Ongoing efforts to unify the armed forces are gradually restoring stability and readiness.
ChatGPT users in Nigeria will pay more for their subscriptions from November 1, 2025, as OpenAI begins implementing a 7.5% value-added tax (VAT) on all its paid services in line with Nigerian tax laws.
The new charge will apply to all billable OpenAI offerings, including ChatGPT Plus, increasing the monthly subscription fee from N31,500 ($20) to about N33,862.50 ($22.43).
OpenAI disclosed the change in an email to users, noting that it complies with Section 10 of the Value Added Tax Act, Laws of the Federation of Nigeria 2004 (as amended), and the Federal Inland Revenue Service (FIRS) Information Circular 2021/19.
TIN now required for subscription The company advised users to include their Tax Identification Number (TIN) in their payment settings to ensure proper tax documentation.
The move aligns OpenAI with other global tech giants such as Google, Netflix, Amazon, and Meta, which have already begun charging Nigerian users VAT on digital services. Recent reports indicate that Nigeria has generated billions in VAT from these foreign service providers.
By complying with Nigeria’s VAT rules, OpenAI becomes part of the country’s expanding digital tax ecosystem.
However, while the policy supports government revenue generation, it also means higher costs for Nigerian subscribers and startups that rely on OpenAI’s tools, potentially increasing operational expenses across the local AI and tech landscape.
Under Nigeria’s updated VAT framework, non-resident digital companies offering services to local users must collect VAT and remit it directly to the FIRS.
Government officials have maintained that this policy does not introduce new taxes but rather strengthens compliance and broadens the tax base.
What you should know
Last December, the National Information Technology Development Agency (NITDA) revealed that foreign digital companies operating in the country, including Google, Microsoft, and TikTok, among others, paid a total of N2.55 trillion in taxes in the first half of 2024.
Similarly, in September this year, the Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, revealed that Nigeria had successfully collected over N600 billion in Value Added Tax from global digital service providers such as Facebook, Amazon, and Netflix.
He explained that amendments to the VAT Act had empowered the Federal Inland Revenue Service to bring non-resident companies offering services in Nigeria into the tax net.
“These are not Nigerian entities, but they are now paying VAT under Section 10 of the VAT Act. They are registered in Nigeria and are also appointed as agents of collection,” Osanekwu stated during a workshop for media practitioners in Abuja.
He stressed that the move aligns with global best practices and ensures Nigeria benefits from taxes on services consumed locally but delivered by foreign companies.
Mabuggi88: Egypt Iraq and Jordan kuku know they can't beat Israel and hands. Today Egypt acts as mediator in any conflict involving Israel, sense is good.
Op you were biased though, I support Israel but you craftfully eluded the one we just witnessed this year where Israel was the Attacker for the first time, so I add it for you
Israel-Iran war (13th-25th June 2025) Countries involved: Israel(USA) , Iran Who started it: Israel Who won: Cease fire agreement
Suspected Boko Haram insurgents have launched a deadly ambush on security forces in Kashimiri village, Bama Local Government Area of Borno State, killing the Commanding Officer of the 202 Battalion, five soldiers, and three members of the Civilian Joint Task Force (JTF).
Several other soldiers, including the Commanding Officer of the 222 Battalion, Konduga, sustained injuries, while one soldier was abducted by the assailants.
Daily Trust gathered that the troops, who had conducted a clearance operation on Friday, were ambushed while returning to Bama.
A survivor of the attack said the incident occurred at Kashimiri, located about 25 kilometres from Bama town and 93 kilometres from Maiduguri, the Borno State capital.
The soldier said, “We were deployed for a clearance operation after intelligence indicated that a coalition of terrorists from various locations had gathered to launch an attack on Bama, Kawuri, or Awulari.
“Our assignment from the 7 Division of the Nigerian Army was to disrupt their plan. We achieved our mission — destroyed their camp, and rescued women and children. Unknown to us, they had prepared an ambush ahead.
“We lost the Commanding Officer of the 202 Battalion, five soldiers, and three Civilian JTF members instantly. They opened fire from behind; when we turned to face them, another group launched RPGs from the front. Bullets rained from both sides.
“The Commanding Officer and the soldiers around him died on the spot. One RPG hit a Civilian JTF member, killing him instantly. It hurts when people say we were killed during a clash — we completed our mission successfully, only to be ambushed on our way back to Bama. That’s the reality of war.”
He further revealed that troops under the Joint Task Force North East, codenamed Operation Hadin Kai, killed dozens of the terrorists during the clearance operation, with several others fleeing with gunshot wounds.
“They are still picking up the corpses of the terrorists we neutralised, but no one talks about it. As security forces, we are ever ready to sacrifice our lives to protect our nation.
“We evacuated all eight corpses — five soldiers and three Civilian JTF members — but intercepted radio communications indicating that one of our soldiers, Bello, was captured alive.
“They use Channel 8 for communication, and we have continued to intercept their signals. They call the names of their fighters, and when someone doesn’t respond, they say, ‘he has slept,’ meaning he’s dead,” he said.
A senior military source, who spoke on condition of anonymity, confirmed the attack but noted that troop morale remains high.
“Operations are ongoing on all fronts to maintain pressure on the terrorists, rescue the abducted soldier, and deny them any breathing space,” he said.
He explained that the troops used motorcycles due to the difficult terrain of the area.
“They successfully completed their mission, but unfortunately, we lost some of our men. Because of the flexible nature of motorcycle operations, engagements rarely last more than 30 minutes,” he added.
The source also confirmed that reinforcements had been deployed to track down the abductors.
“Based on our intelligence, Bello was captured alive, and we will do everything possible to rescue him,” he said.
Bama has witnessed a resurgence of insurgent activities in recent months.
On September 5, 2025, terrorists killed more than 60 people in an overnight attack on Darul Jamal village, just a few kilometres from the latest ambush site.
Following that attack, the Nigerian Air Force carried out airstrikes that reportedly killed 30 militants after receiving reports of the massacre in the community, where residents had only recently returned after years of displacement.
In another incident, insurgents attacked a military base in Banki, nearly overrunning the barracks and looting arms and ammunition.
Here is the proof that you have been feeding false prompts to ChatGPT in order to generate fake results. I asked honest questions and I got honest responses.
Topman7: Absolutely nothing false about the AI report. Gladys West invented machine learning which is the very basis of AI. She's only ignored because she's black. If that was a white woman you'd know all about her.
Reflect7: Because she is Black it is "false information".
If she was white, you wouldn't argue. It would be automatically 'true information' in your head.
AI can be prompted to give blatantly false information. This has been demonstrated more times than I care to remember, and that us exactly what you are doing.
Kushites: Who has time to argue with children like you? She created GPS AND AI, even if it wasn't called 'AI' in her day. She was the first to start training machines. Machine learning, its called today. That's AI.
And there could be no AI without GPS, which she also invented.
According to AI ChatGPT itself
''Long before artificial intelligence began steering cars, guiding planes, or mapping our every step, a quiet Black woman in a Virginia office was teaching early machines how to understand the Earth itself. Her name was Dr. Gladys Mae West — a mathematician whose work provided the invisible foundation upon which much of modern AI now stands.
Dr Gladys West’s work involved advanced data processing algorithms — the same kind of mathematical logic and computation that later shaped AI development.
She used early computer programming to process satellite data long before data science became a field. In essence, she was performing proto–machine learning tasks:
Gathering massive datasets (from satellites)
Cleaning and structuring data
Modeling relationships between variables
Iteratively improving the model based on new data
This process mirrors the feedback loops used in AI training today.
GPS is now the silent partner in nearly every AI-driven technology we use. Self-driving cars and delivery drones depend on it to “know” where they are. Machine learning models in logistics, agriculture, and disaster management draw constant data from it. AI assistants and smartphones integrate it with predictive algorithms to suggest routes, estimate arrival times, and optimize energy use.
In the digital age, Dr. Gladys West taught machines how to locate themselves — the first step toward teaching them how to think.
Her process foreshadowed what data scientists now call machine learning. She gathered vast datasets from satellites, corrected errors, iterated her models, and tested predictions — again and again — until the data fit reality with unprecedented precision. She wasn’t just feeding numbers into computers; she was building the logic by which machines could interpret complex patterns.
Consider how artificial intelligence “learns” today: through massive datasets, precise modeling, and iterative correction. That is exactly what Dr. West did in the 1960s and 1970s, only without the convenience of neural networks or cloud computing. She represented the human intelligence behind the first intelligent systems — the quiet coder who gave the machine its map.
How do you guys come up with these poorly researched falsehoods?
Gladys West did not invent AI. Gladys West is an American mathematician known for her critical contributions to the development of the Global Positioning System (GPS). Her work involved creating mathematical models of the Earth's shape, which were used to accurately track satellite orbits for GPS.
Since when did GPS become the same thing as AI? Do you even know how AI, especially LLMs work?
Kushites: The average Nigerian will swear it was a white man who invented AI, and invented computers.
But an African-American Mark Dean was a co-inventor of the IBM Personal Computer in 1981 alongside Philip Don Estridge, and holds several patents for its invention.
Bill Gates’ Microsoft supplied the software (MS-DOS) that ran on it.
Now, AI. The very concept of AI was a black woman's innovation.
Meet Dr Gladys West, the BLACK WOMAN WHO INVENTED AI
Wether you like it or not, he has won the same number of premiership titles as Klopp
OBIDIENTNAIJA: Unfortunately, it's City again. Liverpool just can't defend a title. Nawa. Watch how Liverpool will play well in Europe going forward. Four straight loses. Slot have broken our pride in Anfield. He must be sacked by December. Nonsense
Massad Boulos a member of the Muslim Brotherhood now understands the plight of Nigerian Christians in the Middle Belt and the North, better than the actual victims who are suffering the genocide
A Boko Haram faction operating in the forested communities of north-central Nigeria’s Niger State is gaining notoriety for its barbaric tactics, attacks on infrastructure, cattle rustling and ability to mix with bandits.
Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) — or “People Committed to the Propagation of the Prophet’s Teachings and Jihad” — has long terrorized communities in and around the Niger State community of Shiroro, which is 128 kilometers northwest of Abuja, the national capital.
In June 2024, the group killed 20 young men, beheading 10 of them, in an attack on a Shiroro village. Residents were forced to hold the severed heads as the terrorists took pictures and shot video. In July 2022, at least 30 Nigerian Soldiers were killed in an ambush after the terrorists attacked a mine in Shiroro. A local leader told Reuters that the terrorists also killed seven police officers and eight civilians and abducted several Chinese workers.
About 5,000 Shiroro residents were displaced by violence over a three-day period in 2021. At the time, Sen. Mohammed Sani Musa, representing Niger East in the National Assembly, referred to the group as “heartless, venomous and hydraheaded” terrorists.
In Shiroro, JAS kidnaps women and girls to be gang-raped and forced into marriage with its fighters. It recruits boys into its fold and brainwashes them into killing in the name of religion. JAS is known to extort money from those it views as unbelievers.
However, JAS thrives on ideological fluidity and predation, unlike the doctrinal and tighter command discipline of rival Boko Haram faction Islamic State West Africa Province (ISWAP), according to Taiwo Adebayo, a Lake Chad Basin researcher at the Institute for Security Studies (ISS). This flexibility has facilitated its entrenchment in Niger State.
JAS is led by Abubakar Saidu, or “Sadiku,” a Borno State native sent to Niger State in 2014 by late Boko Haram leader Abubakar Shekau. Sadiku gradually embedded himself in the Alawa Forest Reserve area and began coordinating with local Fulani communities. By 2021, Boko Haram had hoisted its flag in the Shiroro community of Kawuri. Under Sadiku, JAS has blended jihadism with local Fulani banditry. Despite the group’s rigid religious principles, it tolerates the bandits’ use of alcohol, drugs and prostitution.
“By tolerating the bandits’ non-adherence to its strict religious code, JAS benefits from their weapons, fighters and knowledge of the local terrain, enabling the group to gain a strategic foothold in Central Nigeria,” Adebayo wrote for the ISS.
Unlike traditional Boko Haram command systems, the JAS around Shiroro is run by warlords or strongmen. The cell is based in forest communities, such as Dogon Fili, Kugu and Maganda, to avoid detection by Nigeria’s largely aerial military campaign. The military’s ground resources withdrew after repeated, deadly attacks.
From these outposts, the group routinely attacks security forces and civilians in villages, towns and on roads in Shiroro, and in the Munya and Rafi local government areas. It has killed hundreds and planted numerous improvised explosive devices. More than 42,000 people in Shiroro, Munya and Rafi, mostly women and children, have been displaced by banditry and terrorist attacks, according to Nigerian online news site This Day Live.
“Geography amplifies the Shiroro threat,” Adebayo wrote. “Niger State connects north and south Nigeria and borders Benin through porous forest corridors linking to the Sahel. Arrests in July of Boko Haram-linked women heading to the Borgu axis suggest the cell is eyeing broader expansion.” The Borgu axis is a region between northwestern Nigeria and northeastern Benin.
Bakura Doro, a key JAS commander, supplies weapons to Shiroro from his base on Lake Chad’s Barwa Island. JAS’s stockpile is complemented by weapons seized from security forces or trafficked through Sahelian smuggling networks via the group’s bandit affiliations.
JAS does not confine its operations to Shiroro or Niger State. On September 5, the group killed at least 60 people in a late-night attack on the Darul Jamal community in Borno State. Most of the victims were residents who had recently returned to the area after being displaced by earlier waves of violence.
“I have lost close family friends in this attack,” resident Kaana Ali told The Voice of Africa. “Although the governor is urging us to remain, I fear for my safety.”
OpenAI has selected the University of Lagos (UNILAG) as the home of its first-ever Artificial Intelligence academy in Africa, a move that cements the institution’s growing reputation as a continental hub for innovation, research, and global collaboration.
The announcement was made during the opening ceremony of UNILAG’s 2025 International Week held in Akoka, Lagos.
Themed “Equitable Partnerships and the Future of AI in Africa,” this year’s International Week drew academics, innovators, government officials, and industry leaders from across the world to explore how global cooperation can accelerate inclusive technological growth on the continent.
Professor Afolabi Lesi, the deputy vice-chancellor (Development Services), described the International Week as a gathering for building global partnerships that create shared impact, stressing that beyond the intellectual conversations, UNILAG’s real goal is to translate dialogue into tangible outcomes.
“We are here to move from intent to results that can be seen and felt by our faculty, our students, our communities, and our nations. At UNILAG, internationalisation, research, industry engagement, and artificial intelligence meet in a way that is purposeful, ethical, and equitable,” Lesi said.
Lesi highlighted that UNILAG’s partnership model is founded on co-design and shared standards. “Partners choose UNILAG because capability here is matched by contextual knowledge tested in real environments. Our engineers work with linguists, our clinicians with social scientists — so that technology answers to people and places, not the other way round,” he said.
Professor Folasade T. Ogunsola, the vice-chancellor, called the event a pivotal gathering of minds of purpose and vision, and urged African institutions to move from being passive consumers to active creators in the AI revolution.
“Artificial Intelligence is not the future; it is the present. For Africa, AI represents an opportunity to leapfrog limitations and reimagine education, healthcare, governance, and industry. But for AI to truly serve Africa, the foundation must be equitable partnerships, rooted not in charity, but in shared growth, mutual respect, and co-creation,” she said.
Ogunsola cited examples from UNILAG’s ongoing research efforts, including its health innovation challenge, nuclear engineering partnerships, and medicinal plant research, as proof that the university is building solutions that fit African contexts. “The future of AI is not in Silicon Valley alone; it is in Lagos, Nairobi, Kigali, Accra, Cairo, and Johannesburg, in the minds of young Africans who dare to dream, build, and lead,” she said to applause.
The high point of the event came when Mr Emmanuel Lubanzadio, Africa lead at OpenAI, announced the launch of the OpenAI Academy at UNILAG, the first of its kind on the continent.
Lubanzadio said the decision was inspired by UNILAG’s growing profile as a powerhouse in artificial intelligence and emerging technologies, as well as its demonstrated commitment to equitable research partnerships.
“Truly, AI can be a great equaliser, and that is why OpenAI is adamant about providing access to all. We are excited to partner with an institution that believes in using technology to answer real human needs. The OpenAI Academy will nurture African talent and ensure that innovation isn’t concentrated in a few hands, but democratised across communities,” Lubanzadio said.
The announcement drew enthusiastic applause from the audience, a mix of students, academics, and tech innovators, as it marked a major leap in positioning Nigeria as a continental player in artificial intelligence education and research.
In goodwill messages, Dr Bosun Tijani, Nigeria’s minister of Communications, Innovation and Digital Economy, praised UNILAG for taking a leadership role in shaping the country’s AI future. Represented by Dr. Olubunmi Ajala, the director of the National Centre for AI & Robotics, the minister described artificial intelligence as the great equaliser, which affords Africa the opportunity to close the gap of existing inequalities.”
He also revealed that the Tinubu Administration has launched a national fibre optic initiative aimed at connecting all 774 local government areas with high-speed internet, ensuring that innovation and digital opportunities reach every Nigerian. “Access to the capacity to innovate and create value must be democratised among all Nigerians,” Tijani said.
Adding a private-sector voice, Ms Yvonne Ike, managing director and head of Sub-Saharan Africa at Bank of America, commended UNILAG for producing world-class graduates who thrive on global stages. “I don’t know what the water you drink here is made of, but your products are doing you proud. When they come up against students from Cambridge or Harvard, they shine, no complex, no hesitation,” Ike stated.
She emphasised that Africa’s biggest asset in the AI era is its human capital. “Our future doesn’t depend on the technology itself. It depends on who builds, deploys, and benefits from it,” she said.
Shehu Sani's post shares a photo of six Nigerian men in Russian military gear, likely in Ukraine, credited to "Mr Obiorah," spotlighting how economic desperation drives Nigerians to join foreign armies for better pay and opportunities.
Nigerians in Russian Army fighting against Ukraine…Image Courtesy of Mr Obiorah.
One of Hamas’s oldest justifications for endless war is religious:
They say all of Palestine is a waqf - a holy Islamic trust that belongs to God and can never be given up or shared.
To a Western ear, that might sound poetic or symbolic. But it’s not.
In Islamic law, a waqf is an eternal endowment - land that can never be sold, divided, or negotiated. So when Hamas calls all of Palestine a waqf, what they really mean is:
1. peace is illegal 2. compromise is sin 3. coexistence is forbidden
That idea didn’t come from thin air. It’s written directly in their founding charter from 1988:
“The land of Palestine is an Islamic Waqf [holy possession] consecrated for future Moslem generations until Judgment Day. No one can renounce it or any part, or abandon it or any part of it.” - Hamas Charter, Article 11
That’s not politics. That’s a religious veto on peace itself.
In 2017, Hamas tried to sound more moderate. They released a new “policy document” that dropped the word waqf, but they never canceled the old charter. They still refuse to recognize Israel, and they still talk about “liberating all of Palestine, from the river to the sea.”
It’s a rebranding, not reform.
And that’s the core problem: When your ideology says God forbids compromise, no ceasefire or peace deal can ever last.
This isn’t about justice or freedom anymore.
It’s about theology being used to trap people in an endless war that serves only those in power.
Because in this logic, even if Gaza were rebuilt, even if borders were redrawn, Hamas would still claim the war must go on because heaven demands it.
As a Palestinian, I reject that. My faith doesn’t require me to destroy my neighbor to prove my devotion. And no piece of land is more sacred than a child’s life.
Until we free ourselves from this myth of sacred land, we’ll remain prisoners - not of Israel, but of an idea that belongs to the 7th century.
A Palestinian will have his newly acquired German citizenship revoked after posting a photo showing support for Hamas, writes The Telegraph.
A day after celebrating the arrival of his German passport, the man, referred to only as Abdallah, uploaded a photo to Instagram showing Hamas fighters with the caption "heroes of Palestine."
Shortly afterwards, he received a letter from Germany's Interior Ministry stating that his citizenship had been revoked, according to local newspaper Bild.
Germany has gone further than most European countries to punish support for Hamas and curb pro-Palestinian support, out of what it sees as a historic obligation to Israel and to right the injustices of its Nazi past, the Telegraph reports.
In 2024, it reformed its citizenship laws to require applicants to respect "its free democratic order and Germany's special historical responsibility" towards Jewish life.
New questions were also added to the German citizenship test regarding Jewish life and Israel's "right to exist."
Two eastern German states have forced applicants to write clearly that they believe in "Israel's right to exist as a place of refuge for all people of Jewish faith."
At least ten people in the state of Saxony-Anhalt had their applications rejected after failing to complete that section.
While Germany has blocked the path to citizenship based on an applicant's refusal to recognize Israel as a state, Abdallah's case is believed to be one of the few cases where citizenship has been revoked.
It is not clear whether he will be deported, given that Germany does not recognize Palestine as a state.
The International Monetary Fund (IMF) said, yesterday, that the depreciation of the Naira was not necessarily a bad thing.
The Financial Counsellor and Director of Monetary and Capital Markets of the Fund, Mr. Tobias Adrian, stated this while fielding questions at the Global Fiscal Sustainability Report press briefing at the ongoing Annual Meetings of the World Bank and the IMF in Washington DC, USA.
Asked what policy measures the Fund would advise the Nigerian to adopt to shore up the value of the Naira that has suffered a major devaluation in the last two years, the Director said, “In terms of the Nigerian economy, of course, you know exchange rates are important, are important buffers to adjust the domestic economy relative to shocks.
”So, you know, a depreciating exchange rate is not necessarily a bad thing. It may actually be a good thing to restore equilibrium.
“And we have indeed seen in Nigeria, you know, many steps to strengthen policy frameworks, such as on the monetary policy side. And you know, we generally do recommend moving towards more flexible exchange rates.
“And yeah, in addition to monetary policy actions, revenue collection has strengthened in Nigeria, and transparency in terms of FX reserve positions have improved.
”I think all of this has contributed to lower inflation from more than 30% last year to 23% this year, as well as improved FX reserve positions in Nigeria.
”So the direction of travel appears to be positive.”
Mr. Adrian noted however, that Sub-Saharan Africa in general was facing and continue to face headwinds.
He said, “While growth has been pretty strong during this period where financial conditions are easy, capital flows are resuming, it is also possible that the previous capital flow surge and then retracement cycles that we have seen before could happen, and when that happens, it would expose some of these economies with vulnerabilities, particularly when foreign investments were to retrace.
”So, it is important for countries to continue to improve the fundamentals on the fiscal and monetary policy side, but also in terms of developing more structural policies like revenue mobilization, as Nigeria is trying to do- debt management and hopefully also support from the international community.”
Welcomes Stable Coins regulations
The director expressed the Fund’s satisfaction with the regulations of stable coins by various member countries.
He said, “When we look at the picture of stable coins today, they are about 400 billion (dollars) outstanding globally. The vast majority are indeed denominated in US dollars, though they are being used around the world.
They are stable coins denominated in other currencies as well, such as the Euro, the Yen or the pound, but it’s largely a Dollar phenomenon to date.
“What has happened in the US is that a law was passed which provides a legal basis and the pathway to a regulatory approach for Stable Coins.
”Similar initiatives had already been taken in other jurisdictions, such as the Euro Area or the European Union rather, and Japan, where regulation of Stable Coins already passed back in 2023 and there are some other countries with Stable Coins regulations and laws.
”So we certainly welcome the steps towards regulations, and we actually have a policy framework for crypto assets that we published back in February, 2023 that really lays out broad policies perspective, as well as, from a regulatory perspective, what our recommendations are for countries.
“And you know, broadly, what we are seeing is that there are differences, of course, across countries in terms of the specific implementation of regulatory approaches and broader policy approaches relative to Stable Coins. But broadly, you know, the pathway is aligned with our framework.”
Are you conflating Biblical teachings with Talmudic teachings? Are Christians under the authority of the Mishnah and the Midrash?
DomPerignon: The Chews you worship say abortion is part of their religion hope you know this?
Ruth Ginsberg, the chew was the one who ruled in favour of abortion in the classic Roe vs Wade case that saw to abortion being legal in the US.
In your lord and master race chew religion, abortion is perfectly OK and the first offspring is expected to be either aborted or sacrificed to their god molech.
From Shenellica Bettencourt on FB. I hope her story inspires you, it is beautiful ❤️
20 years ago, my mother tried to force me into getting an abortion at 6 months pregnant.
She didn’t stop there, she nagged me until my son was 6 years old to give him up for adoption. Told me over and over again how I ruined my life.
I was a senior in high school. His father was incarcerated most of his life. I had no real support system. And instead of being lifted up, people like my own mother made the struggle even heavier.
But let me tell you something… I THANK GOD I didn’t give in. 🙌🏽
Every tear, every sleepless night, every lonely moment, it all molded us. It built us.
Size + interest. When football is the most popular sport in a country with a large population, size becomes relevant if that country is underperforming because they ought to have a large talent pool to draw from by virtue of their population.
In both Nigeria and Brazil, the most popular sport is football. Both Nigeria and Brazil have populations over 200 million, but nobody will ever disrespect Brazil by comparing it with Nigeria in terms of football accolades and achievements.
Crime › US Police Post Photo Of Suspect Who Abandoned Baby With Umbilical Cord by BlackViper(op): 5:10pm On Oct 21, 2025
