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Nigeria Balances Security Needs with Sovereignty in Response to U.S. Offer

Nigeria has stated that while it is open to receiving assistance from the United States in combating Islamist insurgents, such support must fully respect its sovereignty and territorial integrity. The announcement came after U.S. President Donald Trump warned of potential “fast” military action in Nigeria over what he described as the persecution of Christians in the country. Daniel Bwala, an adviser to Nigerian President Bola Tinubu, emphasized that Nigeria welcomes international cooperation in its fight against terrorism but will not compromise its independence. “We welcome U.S. assistance as long as it recognises our territorial integrity,” Bwala said, adding that dialogue between the two nations could lead to stronger joint efforts against extremist groups. Nigeria, Africa’s most populous nation with over 200 million people, has faced years of violence from Islamist insurgents, including Boko Haram and Islamic State West Africa Province (ISWAP). These groups have carried out dea...
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Canadian Housing Starts Plunge 22% in November as Higher Rates Bite



Canadian housing starts fell by 22% in November from the previous month, missing estimates by a wide margin, as higher borrowing costs hurt groundbreaking on multiple unit and single-family detached urban homes, data from the national housing agency showed on Friday.

The seasonally adjusted annualized rate of housing starts fell to 212,624 units from a downwardly revised 272,264 units in October, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists polled by Reuters expected starts to decrease to 257,100 in November.

As the more difficult borrowing conditions and labour shortages now seem to be showing in the starts numbers, we can expect to see continued slower starts rates in the coming months, according to CMHC’s deputy chief economist Kevin Hughes.


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