FG Approves Exam Reforms, Proposes Special Court for Malpractice
The Federal Government of Nigeria is set to establish a National Examination Malpractice Court to fast-track the prosecution of individuals involved in exam fraud across the country. This proposal was announced by the Minister of Education, Dr. Tunji Alausa, following the submission of an interim report by a 17-member committee chaired by Professor Is-haq Oloyede, the Registrar of the […]
Dangote Group, Bayelsa Sign MoU to Boost Gas, Agro-Processing & Seaport Development
The Dangote Group and the Bayelsa State Government have officially signed a Memorandum of Understanding (MoU) to collaborate on investment opportunities in gas infrastructure, agro-processing, and the development of a deep seaport. The agreement, signed on Friday in Yenagoa, follows months of strategic discussions between Aliko Dangote, Chairman of Dangote Industries Limited (DIL), and Governor […]
Dangote Reduces Petrol Price Nationwide by ₦15
Dangote Petroleum Refinery and Petrochemicals has announced a fresh ₦15 reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol. In a statement released on Thursday, the refinery outlined the new regional pricing as follows: ₦875 per litre in Lagos ₦885 per litre in the South West ₦895 per litre in the […]
Komatsu Sees $140 Million Tariff Relief After U.S.-China Trade Truce, CEO Says
Japanese machinery giant Komatsu may see a financial reprieve of up to 20 billion yen (approximately $140 million) following last week’s U.S.-China trade truce, its CEO said Wednesday—easing concerns over the company’s previously bleak profit forecast. In an interview with Reuters, CEO Takuya Imayoshi said the 90-day suspension of additional U.S. tariffs on Chinese imports […]
Support Local Investors First, Foreign Ones Will Follow — Dangote Urges FG
President of Dangote Group, Alhaji Aliko Dangote, has called on federal and state governments to prioritize creating a business-friendly environment for local investors, stressing that their success is critical to unlocking Nigeria’s economic potential and attracting foreign investment. Speaking at the Taraba International Investment Summit held Wednesday in Jalingo, Dangote emphasized that domestic investors are […]
EU Weighs Temporary Tariff Reinstatement for Ukraine as Trade Deal Talks Stall
The European Union is considering reinstating its pre-war trade agreement with Ukraine on a temporary basis if a renegotiated deal is not finalized before emergency tariff suspensions expire on June 5, according to EU diplomats. To avoid a disruption in trade, the European Commission has proposed a seven-month transition period that would extend the current […]
Harvard Commits $250 Million to Support Research Amid Trump-Era Federal Funding Freeze
Harvard University announced Wednesday that it will commit $250 million of its own funds to support researchers after the Trump administration froze nearly $3 billion in federal grants and contracts, escalating a broader standoff over academic freedom and ideological control in higher education. The funding move comes as the Ivy League institution pursues legal action […]
Trump Administration Cuts Additional $450 Million in Harvard Funding Amid Escalating Campus Dispute
The Trump administration has slashed another $450 million in federal funding to Harvard University, deepening a standoff over academic freedom, campus protests, and allegations of anti-Semitism. The move brings the total amount of suspended federal support to over $2.6 billion in recent weeks. The latest cut, announced Tuesday by a joint federal task force formed […]
Tesla to Resume China-US Shipments for Cybercab, Semi Production After Trade Truce
Tesla is set to restart shipments of key components from China to the United States by the end of the month, clearing a major hurdle for the production of its upcoming Cybercab and Semi truck models, a source familiar with the matter told Reuters. The move follows a breakthrough in US-China trade relations after high-level […]
U.S. and China Agree to 90-Day Tariff Reduction in Bid to Ease Trade Tensions
The United States and China announced a 90-day mutual reduction in tariffs on Monday, following high-level negotiations in Geneva aimed at de-escalating months of rising economic tensions. The agreement, laid out in a joint statement, signals a temporary truce in the ongoing trade dispute and sets the stage for broader economic talks between the world’s […]
