By Esther Ososanya U.S. President Donald Trump has granted Mexico a crucial 90-day reprieve from sweeping new tariffs, offering a temporary lifeline for one of America’s biggest trading partners while ramping up pressure on other countries to strike last-minute deals ahead of a new trade deadline. The extension announced after a Thursday morning call between …
By Esther Ososanya U.S. job growth slowed sharply in July, with nonfarm payrolls increasing by just 73,000 jobs, well below the 110,000 forecasted by economists polled by Reuters. The shortfall is even more concerning when paired with a sharp downward revision of June’s data, which now shows only 14,000 jobs were added that month, compared to the previously reported …
Mark Dismisses FCT Minister’s Influence in Party Affairs By Rafiyat Sadiq A former National Legal Adviser of the Peoples Democratic Party (PDP), Barr. Jacob Mark, has dismissed the perceived influence of the Minister of the Federal Capital Territory, Nyesom Wike, in the affairs of the party, declaring that Wike neither speaks for the PDP nor …
By Esther Ososanya Galatasaray has made history by completing a €75 million permanent transfer for Nigerian striker Victor Osimhen from Napoli shattering the Turkish Super Lig transfer record and sending a clear message ahead of the new European season. The fee eclipses the league’s previous record Fenerbahçe’s €20 million move for Youssef En-Nesyri by a staggering 275%, making Osimhen not …
By Esther Ososanya The U.S. Federal Reserve may be forced to delay cutting interest rates until at least October after fresh inflation data revealed that tariff-driven price increases are reigniting consumer costs across multiple sectors, complicating the central bank’s battle to restore price stability. The Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation …
By Esther Ososanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its support for suppliers and distributors in the petroleum sector, describing their role as vital to Nigeria’s energy security and economic development. Speaking at the Annual General Meeting of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) in …
By Rafiyat Sadiq President Bola Ahmed Tinubu has approved a one-year extension of the tenure of the Comptroller-General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi. Adeniyi, whose tenure was originally set to expire on August 31, 2025, will now remain in office until August 2026. The announcement was contained in a statement …
By Esther Ososanya The Federal Capital Territory Administration (FCTA) has announced plans to begin compulsory hepatitis screening for food handlers in Abuja. The move targets vendors in restaurants, markets, bakeries, and canteens. This initiative aims to prevent the spread of hepatitis and foodborne illnesses in the capital. It will also boost consumer confidence in the …
By Rafiyat Sadiq The Court of Appeal sitting in Akure, Ondo State, on Thursday affirmed the election of Governor Lucky Aiyedatiwa of the All Progressives Congress (APC) as the duly elected governor of the state. A three-man panel of justices unanimously dismissed the separate appeals filed by the Peoples Democratic Party (PDP), African Democratic Congress …
By Esther Ososanya The Federal Competition and Consumer Protection Commission (FCCPC) has cautioned traders across Lagos State against arbitrary price hikes and the sale of expired or substandard products. The warning was issued during a market engagement forum organised by the commission in Lagos. Mr Tunji Bello, the FCCPC Executive Vice Chairman and Chief Executive …
