Donald Trump has refused to say whether the US economy is facing a recession or price rises in the wake of his administration’s flip-flopping on tariff threats against some of its closest trading partners. Asked if he was expecting a recession this year, Trump said there was a “period of transition” taking place.
Millions at Risk: US Aid Cuts Could Worsen Africa’s Malaria Crisis. Washington, D.C Health experts are raising alarms as proposed U.S. aid cuts threaten Africa’s battle against malaria, a disease that claims hundreds of thousands of lives each year. With lifesaving programs at risk, millions of people—especially children—could lose access to vital treatment and prevention
South-South Congress Intensifies PDP Crisis Amid NWC and Wike Camp Conflict. The crisis within the Peoples Democratic Party (PDP) deepens as former Rivers State Governor Nyesom Wike’s camp rejects the South-South Zonal Caretaker Committee announced by the National Working Committee (NWC). PDP National Vice Chairman for the South-South, Dan Orbih, and another anonymous leader from
Nigerian Monarch Sues Shell Over Oil Spills, Public Health Crisis. Lagos, Nigeria – A Nigerian monarch has taken legal action against Shell, one of the world’s largest oil companies, over decades of environmental pollution that have devastated local communities. The lawsuit, filed in a Nigerian court, alleges that repeated oil spills have severely contaminated land,
The Comptroller-General of Customs, Bashir Adeniyi said the seizures were made in less than three months as part of its ongoing anti-smuggling operation tagged “Operation Whirlwind.” Adeniyi also highlighted recent seizures made by the operation at the Federal Operations Unit in Ikeja. He attributed the smuggling of petrol to significant price disparities across Nigeria’s borders,
Mamman is being prosecuted by the EFCC in relation to the Mambilla Power Project on a 12-count charge. A witness, Mohammed Jidda presented by the Economic and Financial Crimes Commission in the trial of former Minister of Power, Saleh Mamman, on Wednesday, told a Federal High Court, Abuja presided over by Justice James Omotosho, that the
Alibaba said QwQ-32B, has a “comparable performance” to DeepSeek while also requiring far less data to run. Alibaba shares surged more than seven percent in Hong Kong trade on Thursday after the Chinese tech giant launched an artificial intelligence model it says can compete with DeepSeek, this year’s surprise tech star. Investors have been riding
Crude oil prices continue to slip as the naira maintains its stability against the dollar in the foreign exchange market. Oil prices fell about two per cent to a 12-week low this week amid reports that OPEC+ will proceed with a planned oil output increase in April. Brent futures fell $1.19, or 1.6 per cent,
The Transmission Company of Nigeria has announced an increase in power generation to 5,801.84 megawatts. A statement signed by its management on Wednesday said the feat is yet another milestone in peak generation, and maximum daily energy ever attained in Nigeria’s power sector. “(TCN) is pleased to announce that the nation’s power sector has achieved
Nigeria is pumping 70,000 barrels per day above its OPEC+ target, according to a survey by Reuters. According to the survey, Organization of the Petroleum Exporting Countries oil output rose in February, as Iranian exports held strong, despite renewed U.S. attempts to curb the flows, and Nigeria boosted output above its target within the wider
