By Esther Ososanya U.S. President Donald Trump on Tuesday said his administration will impose a 50% tariff on imported copper and soon roll out long-threatened duties on semiconductors and pharmaceuticals — a sweeping expansion of his global trade war that has rattled financial markets and U.S. allies. The announcement, made during a White House …
By Esther Ososanya Global markets gained on Wednesday as investors shrugged off U.S. President Donald Trump’s latest tariff threats, including a 50% levy on imported copper and potential 200% duties on pharmaceuticals. European Stocks and U.S. Futures Climb London’s FTSE 100 rose 0.2%, while the pan-European STOXX 600 gained 0.8%. Wall Street futures also …
The federal government could be missing out on over ₦200 billion in annual revenue due to a weak tax on sugar-sweetened beverages (SSBs), according to Corporate Accountability and Public Participation Africa (CAPPA). CAPPA Executive Director Akinbode Oluwafemi made this known during a media roundtable in Abuja, urging the government to raise the current ₦10 per …
The federal government has issued over 3.5 million passports in less than two years while saving more than ₦1 billion annually through strategic reforms in the passport issuance system. Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this on Tuesday during the commissioning of a new passport front office in Abuja. He said the reforms align …
By Rafiyat Sadiq The Senate has dismissed allegations that it is stalling over 140 bills passed by the House of Representatives, asserting that it remains committed to legislative cooperation and due process. Senate President Godswill Akpabio and Senate Leader Opeyemi Bamidele addressed the matter during Tuesday’s plenary, describing the claims as unfounded. They cited recent …
By Rafiyat Sadiq The Attorney-General of the Federation (AGF) has granted the Inspector-General of Police (IGP) approval to prosecute former Senator Andy Uba over alleged involvement in a ₦400 million fraud scheme. The case, filed at the Federal High Court in Abuja, accuses Uba and two others, Benjamin Etu and Hajiya Fatima, of conspiring in …
By Esther Ososanya Nigeria’s President Bola Ahmed Tinubu has assured Nigerians that savings from the removal of fuel subsidies will be used transparently to fund infrastructure, social welfare, and economic reforms. Speaking at the 2025 National Conference on Public Accounts and Fiscal Governance in Abuja, Tinubu reaffirmed his commitment to responsible fiscal leadership. Represented by …
By Esther Ososanya U.S. President Donald J. Trump has signed a sweeping executive order extending the deadline for his proposed reciprocal tariff regime to August 1, 2025, giving over a dozen nations a narrow window to renegotiate trade deals or face tariffs ranging from 25% to 40% on select goods entering the U.S. The executive …
By Sunday Michael Ogwu Nigerians are leaving their jobs in large numbers, unable to keep up with the rising cost of getting to work, even as unemployment rates continue to soar. A recent investigation by Pinnacle Daily reveals that many Nigerians are quitting their jobs because transportation and daily expenses now swallow up most or …
Haunted by societal pressure, family expectations, and the ticking of their biological clocks, thousands of Nigerian women are fighting a silent, dangerous war to conceive. Many are turning to unregulated, unverified, and unsafe methods sacrificing their health, finances, and peace of mind for the hope of motherhood. A 2024 study by the Nigerian Medical Association found …
