Trump Halts All Trade Talks With Canada After Ontario Ad Criticising U.S. Tariffs
President Donald Trump has abruptly terminated trade negotiations with Canada, citing a provocative advert produced by the Ontario provincial government that criticised his administration’s tariffs on Canadian exports. The minute-long commercial, aired last week, featured excerpts from a 1987 speech by former President Ronald Reagan, in which he warned that tariffs “hurt every American” and […]
Xi Jinping Opens Key Communist Party Meeting to Shape China’s Next Five-Year Plan
Chinese President Xi Jinping opened a major Communist Party meeting on Monday, delivering a speech outlining the country’s draft blueprint for economic and social development from 2026 to 2030, state media reported. A brief statement from the official Xinhua News Agency said Xi “expounded on the Party leadership’s draft proposals” for the upcoming five-year plan, […]
Nigeria’s Inflation Falls Below 20% for the First Time in Three Years
Nigeria’s inflation rate has continued its downward trend, dropping to 18.02 percent in September from 20.12 percent in August 2025 — marking the sixth straight month of decline and the first time in three years that inflation has fallen below the 20-percent mark. The latest figures were released on Wednesday by the National Bureau of […]
Petrol Prices Nears ₦1,000 as Marketers Blame Depots, Dangote Refinery Glitches
Amid worsening fuel shortages and surging prices, petrol now sells for nearly ₦1,000 per litre across major Nigerian cities. Marketers say the situation is being driven by supply disruptions and temporary production setbacks at the Dangote Petroleum Refinery, sparking renewed pressure in the downstream oil market. The National Publicity Secretary of the Independent Petroleum Marketers […]
CBN’s New Rules Spark Panic as PoS Agents Fear 40% Job Loss
The Central Bank of Nigeria’s new operational guidelines for agent banking have triggered widespread concern among Point-of-Sale operators, who warn that nearly 40 per cent of agents could be forced out of business. The president of the Association of Mobile Money and Bank Agents of Nigeria, Fasasi Sharafadeen, said the new framework released by the […]
Trump to Impose 100% Tariffs on Chinese Imports Amid Escalating Trade Dispute
President Donald Trump announced Friday a sweeping escalation in the ongoing U.S.–China trade dispute, declaring that his administration will implement new 100% tariffs on all Chinese imports starting November 1, citing what he described as Beijing’s “extraordinarily aggressive” posture on export controls. In a post on his social media platform, Trump accused China of issuing […]
Air Peace, Umueri Community Trade Words Over N100m Land Payment in Anambra
Nigeria’s largest airline, Air Peace, and the Umueri community in Anambra East Local Government Area are at odds over a ₦100 million land payment linked to a proposed Maintenance, Repair, and Overhaul (MRO) facility at the Chinua Achebe International Cargo Airport. The dispute stems from social media claims suggesting that Air Peace Chairman, Allen Onyema, […]
WAEC Deepens Digital Transition as 2026 Computer-Based Exam Nears
The West African Examinations Council (WAEC) has intensified its move toward full digitisation of its examinations, with plans underway to conduct the May/June 2026 West African Senior School Certificate Examination (WASSCE) for school candidates entirely on computer-based platforms. As part of its preparations, WAEC officials on Wednesday embarked on an extensive sensitisation campaign across Lagos […]
U.S. Sanctions Mexican Firms Supplying Fentanyl Chemicals to Sinaloa Cartel
The U.S. Treasury Department on Monday imposed sanctions on a network of Mexican companies and individuals accused of supplying precursor chemicals for fentanyl production to the notorious “Chapitos” wing of the Sinaloa cartel — a group led by the sons of jailed kingpin Joaquín “El Chapo” Guzmán. In total, twelve Mexico-based businesses and eight individuals […]
Protect Investors Like Dangote, Shettima Tells PENGASSAN
Vice President Kashim Shettima has cautioned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to tread carefully in its dealings with Africa’s richest man, Aliko Dangote, and his conglomerate. Speaking at the 31st Nigerian Economic Summit in Abuja on Monday, Shettima described Dangote as “an institution in Nigeria’s economic parlance,” warning that […]
