May 16, 2026
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Starmer drama: Traders bet against UK as short-selling on pound and banks surges
Trump adversary has a ‘genius’ playbook to beat him: NYT analysis
Nigeria targets 1.5 million jobs through textile industry revival – Businessday NG
Labour leadership turmoil to cost Reeves up to £12bn
Finance experts warn Trump’s favorite economic metric may turn south
Equity funds vs high-yield savings: What investors should know before investing – Businessday NG
As it happened: Market jitters as Streeting set to make bid against Starmer
GOP facing millions of ‘furious’ voters — and it’s only getting worse
Nigeria’s economy seen growing at fastest rate in 5 years – Businessday NG
Trump struggles to overcome America’s relentlessly ‘sour mood’
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Starmer drama: Traders bet against UK as short-selling on pound and banks surges Trump adversary has a ‘genius’ playbook to beat him: NYT analysis Nigeria targets 1.5 million jobs through textile industry revival – Businessday NG Labour leadership turmoil to cost Reeves up to £12bn Finance experts warn Trump’s favorite economic metric may turn south Equity funds vs high-yield savings: What investors should know before investing – Businessday NG As it happened: Market jitters as Streeting set to make bid against Starmer GOP facing millions of ‘furious’ voters — and it’s only getting worse Nigeria’s economy seen growing at fastest rate in 5 years – Businessday NG Trump struggles to overcome America’s relentlessly ‘sour mood’
May
2026
5

‘Weak taxation’ and ‘anemic regulation’ opened the door for billionaires to spend staggering amounts on elections

‘Weak taxation’ and ‘anemic regulation’ opened the door for billionaires to spend staggering amounts on elections

Billionaire election spending has drastically increased over the last 12 years as a result of the U.S. Supreme Court’s Citizens United ruling, according to TruthOut. Americans For Fair Taxation (AFFT) recently analyzed data that breaks down election campaign contributions. Their assessment suggests that there is an upward trend in billionaire donations to political campaigns. Per

May
2026
4

FTSE 100 Live: Stocks drop amid US-Iran war mixed messaging; House prices up

FTSE 100 Live: Stocks drop amid US-Iran war mixed messaging; House prices up

Friday 01 May 2026 6:30 am  |   Updated:  Friday 01 May 2026 8:39 am Trump is reportedly eyeing fresh action in the region Good morning and welcome back to the City AM liveblog. Markets are scrambling for some messaging this morning as tensions around the Iran war drag on. Donald Trump faced a deadline for

May
2026
4

‘I’ve had my people kidnapped’: California Republican whines about losing political war

‘I’ve had my people kidnapped’: California Republican whines about losing political war

The New York Times reports residents of rural north California have longed to pull out of liberal California and merge with conservative territory in Oregon to form a new Republican state. But what they’re about to get instead is another Democratic representative. California responded to Texas’ mid-decade gerrymander for new Republican seats with its own

May
2026
4

Scrapped tax breaks on foreign loans raise costs, threaten investment – Businessday NG

Scrapped tax breaks on foreign loans raise costs, threaten investment – Businessday NG

Nigeria’s decision to scrap long-standing tax exemptions on interest paid on foreign loans is set to raise borrowing costs for companies, cloud existing financing arrangements, and potentially slow investment into infrastructure and other capital-intensive sectors at a time when the country is aggressively seeking private capital. “Interest on foreign loans will no longer enjoy preferential

May
2026
3

‘Critical deadline’: Trump running out of time as more Republicans break ranks

‘Critical deadline’: Trump running out of time as more Republicans break ranks

Friday marks “a critical deadline” for President Donald Trump and his war with Iran, as The Hill reports that he is running out of time to resolve the conflict while more and more Republicans break ranks and threaten to back measures to force the fighting to stop. As the deadline loomed, the outlet on Friday

May
2026
3

Stagnant wages leave Nigerian workers trailing peers  – Businessday NG

Stagnant wages leave Nigerian workers trailing peers  – Businessday NG

Tunde Alabi, a fuel attendant in Lagos, earns the national minimum wage of N70,000 ($44) a month — an income that barely lasts two weeks. By the time he pays for transport to work, contributes to food at home, and buys essentials, there is almost nothing left. “You just survive,” he said. “Saving is not

May
2026
2

Defense industry flooding Congress with money with ‘millions’

Defense industry flooding Congress with money with ‘millions’

As President Donald Trump’s war with Iran has dragged on for the last two months, a new NOTUS report revealed that defense contractors have been flooding congressional candidates with their hands on major regulatory powers with campaign money. In a report published Friday, NOTUS revealed several telling findings from campaign contribution data pulled from Jan.

May
2026
2

Naira records marginal gain as FX liquidity hits $10bn in April – Businessday NG

Naira records marginal gain as FX liquidity hits $10bn in April – Businessday NG

…trade deals rise 28.61% The naira closed April 2026 on a marginally stronger note as liquidity in Nigeria’s foreign exchange (FX) market rose to about $10 billion, slightly above the level recorded in March, according to data published by the Central Bank of Nigeria (CBN). CBN data showed that total FX turnover stood at $10

May
2026
1

Hiring freezes loom as business confidence remains near record low

Hiring freezes loom as business confidence remains near record low

Friday 01 May 2026 12:01 am  |   Updated:  Thursday 30 April 2026 4:39 pm Employers would may turn to hiring freezes in the coming months, data has shown. British business leaders are bracing for hiring freezes as headcount expectations dropped into negative territory again, according to new data from the Institute of Directors. The IoD’s

May
2026
1

Trump did ‘the worst thing a president could do’ — and voters won’t be quick to forgive

Trump did ‘the worst thing a president could do’ — and voters won’t be quick to forgive

Donald Trump did “the worst thing a president could do,” given the grim economic forecast, according to a new breakdown from MS NOW, and voters are increasingly signaling how much they are done giving the benefit of the doubt. On Thursday, MS NOW’s James Downie published an analysis of the latest poll from Gallup, which