For days, Donald Trump and his White House team had insisted they were fully committed to their decision to impose sweeping “reciprocal” tariffs on dozens of countries. They even derided a report on Tuesday that said the president was considering a 90-day pause – news that triggered a brief stock market surge. But now that pause on higher tariff rates, …
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Nigerian Authorities Slam N628Million Fine On 8 Electricity Companies For Overbilling Unmetered Customers
According to NERC, this action is aimed at reinforcing the policy framework introduced in 2020 under the Capping of Estimated Bills Order (Order No: NERC/197/2020), which seeks to align estimated billing for unmetered customers with the average usage of their metered counterparts on the same feeder. The Nigerian Electricity Regulatory Commission (NERC) has imposed financial sanctions on eight Electricity Distribution …
Read More »Ukrainian Intelligence Has Identified 155 Chinese Citizens Fighting For Russia, Zelensky Says
CNN — Ukraine’s President Volodymyr Zelensky said Wednesday that Ukrainian intelligence had identified 155 Chinese citizens fighting alongside Russian forces, a day after Ukraine said two Chinese nationals were captured in the country. The Chinese nationals had been recruited through advertisements, including on social media, Zelensky said in a briefing Wednesday. China has consistently denied any involvement in the war. A spokesperson for China’s …
Read More »USCIS To Begin Screening Aliens’ Social Media Activity For Antisemitism As Possible Grounds For Benefits Denial
WASHINGTON— United States Citizenship and Immigration Services (USCIS) will begin considering aliens’ antisemitic activity on social media and the physical harassment of Jewish individuals as grounds for denying immigration benefit requests. This will immediately affect aliens applying for lawful permanent resident status, foreign students and aliens affiliated with educational institutions linked to antisemitic activity, according to a statement released by …
Read More »Edo PDP Sues APC, Demands N900m In Damages Over Alleged Illegal Takeover Of Secretariat
By Idahosa Musa The leadership of the Peoples Democratic Party (PDP) in Edo State Edo has dragged the state ruling All Progressives Congress (APC) to Court over alleged illegal takeover of its Secretariat along Airport Road in Benin, the State Capital. The PDP is also requesting the court to grant a perpetual injunction restraining Edo State APC Chairman, Jarret Tenebe …
Read More »Another PDP Lawmaker Defects To APC In Edo
By Idahosa Musa Less than 24 hours after assuming the position of the Majority Party in the Edo State House of Assembly (EDHA), the All Progressives Congress (APC) has again received into its fold the Peoples Democratic Party’s EDHA member representing Uhunwonde Constituency, Hon. KayCee Osamwonyi. Hon. Osamwonyi in his address disclosed that his defection was made possible by alleged …
Read More »FG To Begin Implementation Of e-Visa May 1
The Federal Government has disclosed that arrangements have been concluded for the full implementation of its new electronic visa (e-Visa) system, effective from May 1, 2025. Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced this during a joint press briefing with the Minister of Aviation, Festus Keyamo, in Abuja on Wednesday. The meeting focused on the implementation and enforcement of immigration …
Read More »Trump Pauses Tariffs For 90 days But Hits China Harder
US President Donald Trump abruptly backed down Wednesday in his global trade war with a 90 day pause for most countries – but slapped even more levies against China in what has become a full-scale confrontation between the world’s two largest economies. Following days of global market turmoil, Wall Street stocks surged in reaction to Trump’s announcement. “I have authorized …
Read More »EDITORIAL: Tariff Wars: Strengthening Nigeria’s Domestic Economic Resilience
The world over, investors are holding off new investments; fund managers are favouring cash; gold, the Japanese yen and the Swiss francs are back as bolt holes for the wise and the prudent. Shock is by far the easiest sentiment to register, as have markets across the world. Commodities markets continue to fall across the world, with global stock markets …
Read More »UPDATED: Crude For Naira: Tinubu’s Aides Meet With Dangote, NNPC, Reach Agreement
“The Crude and Refined Product Sales in Naira initiative is … a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange…” A meeting between a presidential delegation and officials of the Dangote refinery, the Nigerian National Petroleum Company Limited (NNPC Ltd) and other parties has agreed to extend the policy of …
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