U.S. President Donald Trump has paused his threats to impose tariffs on European exports over Greenland, ruling out the use of force and suggesting a deal could resolve the dispute over the Danish territory. Speaking in Davos, Switzerland, Trump said Western Arctic allies could reach a long-term agreement that satisfies U.S. security and mineral interests …
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over renewed calls for a special tax on sugar-sweetened non-alcoholic drinks in Nigeria, warning that such a move could harm the manufacturing sector and worsen economic pressures. CPPE said in a statement issued by its Chief Executive Officer, Muda Yusuf, on Monday, January …
Uganda’s opposition leader, Bobi Wine, has told the BBC that he will not contest the outcome of the presidential election, which declared President Yoweri Museveni the winner, in court, citing a lack of confidence in the country’s judiciary. Speaking to the BBC from hiding, Wine said he had instead called on his supporters to stage …
A Jigawa State farmers' and herders' special court has ordered nine cattle herders to pay N500 million as compensation to farmers whose crops were destroyed in the Birnin Kudu Local Government Area of the state. The ruling was delivered on Tuesday by Yusuf Abubakar, who based his decision on relevant provisions of the Penal Code, …
President Donald Trump has said the United States (US) is seeking to take control of Greenland because of its critical strategic importance to American and global security. He argued that neither Denmark nor the North Atlantic Treaty Organisation (NATO) is capable of defending the vast Arctic territory against emerging global threats. He said this during …
Access ARM Pensions said it has surpassed the ₦4 trillion mark in assets under management (AUM). The company, a subsidiary of Access Holdings, revealed this in a statement on Wednesday. The milestone highlights its strong growth momentum following the October 2024 merger of Access Pensions and ARM Pensions. The combined entity’s AUM surged by over …
BUA Cement has restated its move to increase its total production capacity to 20 million metric tonnes per annum (mtpa). This expansion is part of the company’s strategic goal to address Nigeria's infrastructure deficit and lower the cost of cement through increased domestic supply. BUA Chairman Abdul Samad Rabiu said part of the expansion plan …
The Nigerian Government has signalled a strategic shift from heavy borrowing as it seeks to reduce debt-related risks and reassure investors amid tightening global financial conditions. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, hinted at the policy direction during an interview with Bloomberg at the ongoing 56th World Economic Forum (WEF) …
The National Drug Law Enforcement Agency (NDLEA) has arrested 77,792 drug offenders, including 128 major barons. It also secured 14,225 convictions and seized over 14.8 million kilograms of illicit substances in the past five years. This was announced by NDLEA Chairman/CEO Brig. Gen. Mohamed Buba Marwa (Rtd) at the 11th Chairman/Chief Executive Officer (CCEO) Awards …
Paul-Henri Sandaogo Damiba, Burkina Faso’s former transitional president and alleged mastermind of multiple coup attempts, has been arrested in Togo and expelled, local sources confirmed. Damiba led the 2022 coup that ousted then-President Roch Marc Christian Kaboré, only to be overthrown eight months later by military leader Ibrahim Traoré, who remains in power. Reports indicate …
