BEIJING (AP) — Presidents Donald Trump and Xi Jinping wrapped up critical talks on Friday, claiming important progress in stabilizing U.S.-China relations even as deep differences persist between the world’s two biggest powers on Iran, Taiwan and more. Xi welcomed Trump at his official residence, Zhongnanhai, on Friday for their final engagement of the summit before the U.S. leader’s return …
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Tensions Flare Near Strait Of Hormuz As A Ship Is Seized And Another Is Sunk
DUBAI, United Arab Emirates (AP) — A ship anchored off the United Arab Emirates was seized and taken toward Iran and another — a cargo ship near Oman — sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz. It wasn’t immediately clear who was behind these incidents, but they happened as a senior Iranian …
Read More »Burnham to make bid to return as MP as pressure mounts on Starmer
Andy Burnham will attempt to return to the Commons as an MP, after Wes Streeting resigned as health secretary, saying he had lost confidence in Prime Minister Sir Keir Starmer’s leadership. Burnham, the Greater Manchester mayor, said he would ask to run for Labour in Makerfield after Labour MP Josh Simons said he would resign to make way for him. …
Read More »PenCom approves pension fund investment in Dangote Refinery public offer
National Pension Commission (PenCom) has granted regulatory forbearance to Pension Fund Administrators (PFAs) to invest pension fund assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The approval is contained in a circular issued by the commission and addressed to all licensed pension fund operators. The circular was signed by the Director of Surveillance …
Read More »My presidential ambition represents a movement – Atiku
Former Vice President Atiku Abubakar says his presidential ambition on the African Democratic Congress (ADC) platform represents a movement. This is contained in a statement obtained from his verified X handle on Thursday in Abuja, following the submission of his nomination and expression of interest forms. Abubakar said with the submission of the forms, his march to restoring prosperity and …
Read More »UN welcomes fresh $1.8bn U.S. humanitarian support
UN Secretary General Antonio Guterres welcomed the United States announcement of an additional 1.8 billion dollars for global humanitarian operations. The pledge, announced on Wednesday, lifted recent American humanitarian contributions through the UN coordinated system to 3.8 billion dollars. This followed an earlier 2 billion dollar allocation announced in December for emergency relief across several crises. UN deputy spokesperson, Farhan …
Read More »One-China principle irreversible, Taiwan remains inalienable part of China — Envoy
Ms Dong Hairong, Counselor, Chinese Embassy, Abuja, has called for stronger Nigerian support for the One-China principle to address growing Taiwan separatist activities. Dong made the appeal on Thursday in Abuja during a media salon themed: “Understanding the One-China Principle and Its Role in Deepening China–Nigeria Strategic Relations”. The News Agency of Nigeria (NAN) reports that the event was jointly …
Read More »China’s Xi Warns Trump That Differences Over Taiwan Could Lead To Conflict
BEIJING (AP) — China’s Xi Jinping warned President Donald Trump on Thursday that their two countries could clash over Taiwan if the issue is not handled properly, an unusually harsh admonition that stood in contrast to the American leader’s praise for his counterpart. The Associated Press reports that the exchange at a highly anticipated summit in Beijing underscored just how …
Read More »EFCC detains energy commission DG over alleged N500bn fraud
The Economic and Financial Crimes Commission (EFCC) has arrested and detained the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi. An EFCC official, who spoke on condition of anonymity, said that the D-G, who was arrested on Wednesday in Abuja, was being held over allegations of money laundering. The source said the suspect was under investigation for alleged …
Read More »UNIBEN boosts efficiency, cuts electricity bill by 50%
The Vice-Chancellor of the University of Benin (UNIBEN), Prof. Edoba Omoregie, says the institution has reduced its monthly electricity bill from about N250 million to between N120 million and N130 million. He said the reduction was achieved through cost-saving measures and improved energy management over the past year. Omoregie said this on Wednesday in Benin at a news conference on …
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