By Esther Ososanya U.S. President Donald Trump on Wednesday imposed a 25% tariff on all goods imported from India, effective August 1, citing the country’s “unfair trade barriers” and continued defence and energy ties with Russia. The announcement was made via a post on Trump’s Truth Social account, where he also warned of an additional, …
By Esther Ososanya President Donald Trump has renewed pressure on the Federal Reserve to slash interest rates following a stronger-than-expected 3% growth in U.S. GDP for the second quarter. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! ‘Too Late’ MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!” Trump …
By Esther Ososanya Mexico’s economy expanded by 0.7% in the second quarter of 2025 compared to the previous quarter, surpassing market expectations of 0.4%, according to preliminary data from the national statistics agency, INEGI. The better-than-expected performance was driven by a 0.8% increase in manufacturing and a 0.7% rise in services, which helped offset a …
By Esther Ososanya A powerful 8.8-magnitude earthquake off Russia’s Kamchatka Peninsula sent tsunami waves sweeping across the Pacific on Wednesday, disrupting maritime trade, halting port operations, and triggering emergency alerts as far as Hawaii, Japan, and California. The quake, the region’s strongest since 1952, rattled global logistics chains already grappling with inflation and fuel volatility. …
By Esther Ososanya The number of Americans applying for new unemployment benefits fell unexpectedly last week, providing fresh evidence that the U.S. labour market remains resilient, even as job growth cools and businesses grow more hesitant about hiring. Initial jobless claims dropped by 4,000 to a seasonally adjusted 217,000 for the week ending July 19, …
By Rafiyat Sadiq In a sharp diplomatic setback, the United States (US) and the United Arab Emirates (UAE) imposed tough new visa restrictions on Nigerian travellers, sparking outrage and concern among citizens, government officials, business leaders, migration experts, and students abroad. The coordinated clampdown, announced within hours of each other on July 9, 2025, marks …
By Esther Ososanya Dealmaking in the U.S. upstream oil and gas sector dropped sharply in Q2 2025. Investor caution increased as energy and equity markets turned volatile. Merger and acquisition (M&A) deals fell by 21%, totalling just $13.5 billion between April and June. This slump contrasts sharply with recent performance. In 2023, the sector recorded …
England staged one of the most dramatic comebacks in Women’s European Championship history, clawing back from a 2–0 deficit to defeat Sweden on penalties. With that result, the Lionesses secured a hard-earned place in the semi-finals of Euro 2025. Sweden stunned Sarina Wiegman’s side early in the match. Kosovare Asllani opened the scoring before Stina …
By Esther Ososanya The United States Mission in Nigeria has issued an important clarification on visa rules, stating that the expiration date on a U.S. visa does not determine how long a visitor can remain in the country. In a public advisory posted Friday via its official X (formerly Twitter) account, the mission stressed that …
The English Premier League’s all-time biggest spenders in transfer windows, both winter and summer, have now been revealed, and the timing couldn’t be more appropriate. As the football world navigates the current 2025 summer transfer window, Premier League clubs are back in the market, hunting marquee names and tactical upgrades to bolster their squads ahead …
