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United States President Donald Trump claimed on Thursday that American forces are “annihilating” terrorists in Nigeria. He accused these groups of killing Christians in large numbers. “Many good things are happening,” Trump said at the Board of Peace signing ceremony on the sidelines of the World Economic Forum in Davos. “We’ve hit them very hard. …

Global financial markets came under renewed pressure on Tuesday as stocks fell, the U.S. dollar weakened, and Treasury yields climbed to four-month highs, following President Donald Trump’s renewed push to take control of Greenland, a move that has unsettled investors and revived geopolitical and trade concerns. Equities slid sharply after Trump threatened to impose additional …

With effect from January 21, 2026, citizens of 75 countries will no longer be able to process visa applications to the United States (US), which may jeopardise its economy and have immediate consequences on the upcoming 2026 FIFA World Cup. President Donald Trump recently announced an indefinite suspension to strengthen his administration’s protectionist agenda with …

U.S. President Donald Trump is set to meet global business leaders in Davos on Wednesday, sources told Reuters, as his presence takes center stage at this year’s World Economic Forum in Switzerland. CEOs from financial services, crypto, and consulting sectors have been invited to a reception following Trump’s special address. One source said the invitations, …

Oil prices dropped from multi-month highs on Thursday, while gold retreated from record levels after U.S. President Donald Trump signaled a step back from potential military action against Iran, easing demand for safe-haven assets. Brent crude futures fell 3.3% to $64.32 a barrel, down from $66.82 a day earlier, as Trump said killings in Iran’s …

Global crude oil prices surged on Tuesday as escalating unrest in Iran, coupled with potential supply disruptions, overshadowed expectations of increased crude output from Venezuela. Brent crude futures rose $1.06, or 1.7%, to $64.93 a barrel by 0934 GMT, marking their highest level since mid-November. U.S. West Texas Intermediate (WTI) crude climbed $1.02, or 1.7%, …

Oil Prices Jump 1.7% Amid Iran Unrest, Supply Disruption Concerns

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 …

Trump Recalls US Ambassadors from Nigeria, 29 Others

President Donald Trump on Friday, January 9, met with executives from U.S. energy companies, including ExxonMobil, Chevron, and ConocoPhillips, to discuss a potential $100 billion investment in Venezuela’s oil and gas sector. The meeting followed the capture of Nicolás Maduro on January 3, 2026, by the U.S. special military force. According to a CBS News …

Nigeria, 23 Other Countries Affected as Trump Expands U.S. Entry Restrictions

There are concerns that the crisis in Venezuela presents a significant risk for Nigeria’s 2026 budget and the broader economy. While Venezuela and Nigeria are geographically distant, they are direct competitors in the global oil market. After months of tactical preparations, the United States invaded Venezuela during the weekend. The U.S. military force launched strikes …

How Venezuela Crisis May Affect Nigeria’s 2026 Budget, Economy

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