President Donald Trump announced on Monday that any country trading with Iran will face a 25% tariff on U.S. imports from that nation, as Washington evaluates its response to ongoing anti-government protests in Tehran, the largest in decades. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a Tariff of …
The Trump administration has opened a criminal investigation into U.S. Federal Reserve Chair Jerome Powell, triggering sharp political backlash and renewed concern over the independence of the world’s most powerful central bank. The probe became public late Sunday after Powell disclosed that the U.S. Justice Department issued subpoenas to the Federal Reserve. The subpoenas relate …
The Federal Capital Territory (FCT) Police Command has arrested three suspected members of a notorious “one-chance” armed robbery syndicate in connection with the brutal murder of a legal practitioner, Barrister Princess Chigbo Nwamaka Mediatrix, in Abuja. The arrest marks a significant breakthrough in the Command’s ongoing crackdown on violent crime and follows a directive by …
Nigeria’s banking sector is approaching a decisive moment with just 77 days to the March 31, 2026, recapitalisation deadline. So far, about 22 licensed banks, approximately 65 per cent of the total, have confirmed full compliance with the Central Bank of Nigeria’s (CBN) minimum capital requirements. Tier-1 lenders make up the bulk of banks that …
Nigeria’s headline inflation is expected to surge to 31.92 per cent in December 2025, according to United Capital Research. The financial services advisory firm made the projection in its ‘Inflation Watch’ report released on Monday, January 12. The report indicated that the expected surge in headline inflation is expected to be driven largely by statistical …
Nigerian artists led the 9th All Africa Music Awards (AFRIMA) on Sunday night, claiming multiple top honours across regional and continental categories. Leading the accolades was Rema, who won Artiste of the Year, Best Male Artiste, Western Africa, and Best African Artiste – RnB & Soul. Other notable winners include Burna Boy (Album of the …
The Economic and Financial Crimes Commission (EFCC) has denied claims that the ongoing investigation of former Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami is politically motivated. The EFCC Chairman, Ola Olukoyede, said the agency operates professionally, handling cases without regard to political affiliation. He also revealed that he personally edited Malami’s …
As Ugandans prepare to vote for their preferred leader on January 15, 2026, one thing is certain: whether he wins or not. The 81-year-old Yoweri Museveni, who is seeking a seventh term, will for now remain Uganda’s longest-serving leader and one of Africa’s longest-serving heads of state. He has been in power since 1986, giving …
Murtala Muhammed Airport, Lagos, Terminal Two (MMA2), will introduce a structured slot system in 2026 to better match flight demand with terminal capacity, Bi-Courtney Aviation Services Limited (BASL) announced. Remi Jibodu, Head of Aeronautics and Cargo Services and Acting Chief Operating Officer, said the new framework will enhance aircraft movement coordination, reduce congestion during peak …
Iran is facing renewed concern after a video showed dozens of bodies outside a morgue near Tehran. The footage has raised fears of a deadly crackdown on protesters. Agence France-Presse (AFP) verified the video, which was filmed at the Kahrizak forensic centre south of the capital. It shows bodies wrapped in black bags and lying …
