The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has raised alarm over the escalating trade tensions between the United States and China. She warned that the ongoing tariff war could slash merchandise trade between the two countries by up to 80%. She cautioned that this dramatic drop would not only strain bilateral relations but
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said Nigerians would soon heave a sigh of relief as the pump price of Premium Motor Spirit, popularly called petrol, is expected to drastically reduce due to the continuation of crude and refined product sales under the naira initiative by the
Senator Gbenga Daniel, former governor of Ogun State and current lawmaker representing Ogun East, has called for a constitutional amendment to limit the immunity clause in Nigeria’s 1999 Constitution to only the President and Vice President. He made his remarks during an interview on Channels Television’s Political Paradigm on Tuesday, during which he expressed concern
Vice Admiral Ibok-Ete Ibas (retired), the Sole Administrator of Rivers State, has appointed administrators for the state’s 23 Local Government Areas (LGAs). This decision comes shortly after a Federal High Court in Port Harcourt issued an interim order restraining him from making such appointments. List of Rivers State Newly Appointed Administrators The appointments were announced
Vice President Kashim Shettima has said Nigeria’s federal system is not inherently faulty but has been weighed down by poor resource management and a lack of accountability across all levels of government. The Vice President said this at the 7th edition of the Leadership Conference and Awards in Abuja on Tuesday. Speaking, the Vice President
The United States Trade Representative criticized Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters. This came shortly after President Donald Trump introduced tariffs on goods entering the US, with Nigeria facing a 14 per cent duty. The USTR highlighted the impact of Nigeria’s import ban
President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has commended the United Bank for Africa (UBA) for its longstanding role in advancing economic development across Africa. Speaking during a courtesy visit to the UBA UK Limited office in London on Wednesday, Dr. Adesina emphasized the importance of building bridges between international financial
Valentine Ozigbo, a leading aspirant in the All Progressives Congress (APC) governorship race in Anambra State, has formally rejected the results of the party’s primary election held on April 5, 2025. Describing the process as “a well-orchestrated heist designed to deliver a predetermined outcome,” Ozigbo submitted a petition to the APC Appeals Committee challenging the
Senator Ali Ndume, representing Borno South Senatorial District, has publicly criticized President Bola Ahmed Tinubu’s recent political appointments, alleging they breach the constitutional principle of federal character and exhibit ethnic bias. Speaking on Arise News’ PrimeTime show on Monday, April 7, 2025, Ndume expressed concerns over the lack of inclusivity in the administration’s selections. Ndume
The Federal Government has instituted a mechanism to assess, monitor, and enhance the performance of State-Owned Enterprises (SOEs) in Nigeria. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made this known at the inauguration of the Corporate Governance Scorecard, organised by the Ministry of Finance Incorporated (MOFI) in partnership with
