International
Canadian firm discovers largest 2,492-carat diamond in Botswana
In terms of carats, the stone appears to be not far behind the largest gem-quality diamond ever mined, the 3,016.75-carat Cullinan Diamond discovered in South Africa in 1905.
A Canadian mining company has discovered one of the world’s largest diamonds ever unearthed — a rough 2,492-carat stone —found in Botswana.
The diamond was found in the Karowe Diamond Mine in northeastern Botswana, about 430 kilometres (270 miles) from the capital Gaborone, Lucara Diamond Corp. said in a statement.
Lucara did not give a value for the find or mention its quality.
In terms of carats, the stone appears to be not far behind the largest gem-quality diamond ever mined, the 3,016.75-carat Cullinan Diamond discovered in South Africa in 1905.
“We are ecstatic about the recovery of this extraordinary 2,492-carat diamond,” Lucara president and CEO William Lamb said in the statement.
This find was “one of the largest rough diamonds ever unearthed” and detected using the company’s Mega Diamond Recovery X-ray technology, the statement said. President Mokgweetsi Masisi was due to view the massive stone later Thursday.
Botswana is one of the world’s largest producers of diamonds, which are its main source of income. Before the find was announced on Thursday, the largest diamond recovered in Botswana was a 1,758-carat stone mined by Lucara in 2019 and named Sewelo.
International
Doumboya wins Guinea presidential election
Doumbouya, 41, faced eight rivals for the presidency but the main opposition leaders were barred from running and had urged a boycott of the vote held over the weekend.
•Guinea President Mamady Doumbouya (C) greets supporters during his final campaign rally ahead of the country’s presidential election in Conakry on December 25, 2025. (Photo by PATRICK MEINHARDT / AFP)
Guinea’s junta chief Mamady Doumbouya, who had pledged not to run for office after he seized power four years ago, has been elected president.
Doumboya secured a sweeping majority of the vote – 86.72 percent of the first-round vote, according to the General Directorate of Elections, well over the threshold that would trigger a runoff vote.
Voter turnout stood at 80.95 percent, according to Djenabou Toure, head of the General Directorate of Elections, on Tuesday
Doumbouya, 41, faced eight rivals for the presidency but the main opposition leaders were barred from running and had urged a boycott of the vote held over the weekend.
Doumbouya had placed well ahead in districts of the capital Conakry, often winning more than 80 percent, according to official partial results read out by Toure earlier on RTG public television.
He had a similar lead in several other areas, including Coyah, a town near Conakry, and in other parts of the country, such as Boffa and Fria in the west, Gaoual in the northwest, northern Koundara and Labe, and Nzerekore
International
China to launch digital yuan” or “e-CNY” Jan 1
People’s Bank of China (PBoC) Deputy Governor Lu Lei, said “The future digital yuan will be a modern digital payment and circulation means issued and circulated within the financial system.”
Image: China digital currency
China will on January 1 launch an “action plan” for boosting management and operations of its digital currency, a deputy governor of the country’s central bank said Monday.
AFP reports that monetary authorities around the world have in recent years been exploring ways to digitalise currencies, propelled by a boom in online payments during the pandemic and the increased popularity of cryptocurrencies such as bitcoin.
People’s Bank of China (PBoC) Deputy Governor Lu Lei, said “The future digital yuan will be a modern digital payment and circulation means issued and circulated within the financial system.”
In the next step towards that goal, a “new generation” arrangement for digital yuan will be launched on January 1, Lu said, encompassing a “measurement framework, management system, operating mechanism and ecosystem”.
The “action plan” will see banks pay interest on balances held by clients in digital yuan — a move to incentivise broader adoption of the currency.
The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.
Crime
Invictus Obi Released from U.S. Prison After Serving Time in $11 Million Fraud Case
Obinwanne Okeke, the Nigerian businessman popularly known as Invictus Obi, has been released from United States federal prison after serving approximately six years for his involvement in an $11 million internet fraud scheme, multiple reports confirmed on Thursday.
Records from the U.S. Federal Bureau of Prisons (BOP) inmate locator indicate that Okeke is listed as “Not in BOP Custody as of: 12/23/2025,” signaling his exit from federal incarceration ahead of his original projected release date of September 3, 2028.
Okeke, 38, was sentenced to 10 years in prison in February 2021 after pleading guilty to conspiracy to commit wire fraud. The charges stemmed from a sophisticated business email compromise (BEC) scheme between 2015 and 2019, where he and associates used phishing tactics to divert funds, including a major interception targeting Unatrac Holding Limited, a UK-based exporter linked to Caterpillar Inc.
Prosecutors described the operation as causing “staggering losses of about $11 million” to victims through impersonation and computer hacking.
His early release is widely attributed to good conduct credits and provisions under the First Step Act, a U.S. criminal justice reform law that allows sentence reductions for certain non-violent offenders.
Reports from outlets including Linda Ikeji’s Blog, Peoples Gazette, and BusinessDay indicate that deportation proceedings to Nigeria are underway, consistent with his non-U.S. citizen status and the terms of his plea agreement. As his crimes were federal, a transfer to state custody is considered unlikely.
Once hailed as a rising star in African entrepreneurship, Okeke founded the Invictus Group, claiming investments in construction, agriculture, oil and gas, telecommunications, and real estate across Nigeria, South Africa, and Zambia.
In 2016, he was featured on Forbes Africa’s 30 Under 30 list, celebrated for his purported success story from humble beginnings.
His 2019 arrest by the FBI at Dulles International Airport as he attempted to leave the U.S. marked a dramatic fall, sparking widespread discussions on cybercrime, the allure of quick wealth, and scrutiny of young Nigerian entrepreneurs.
With his release, questions now focus on Okeke’s future: potential supervised release conditions in the U.S., his return to Nigeria, and any ongoing restrictions.
No official statement has been issued by U.S. authorities or Okeke’s representatives regarding the exact terms of his release.
The case continues to highlight global efforts to combat BEC scams, which remain a significant threat to businesses worldwide.
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