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Court orders final forfeiture of $13m linked to Lagos

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Crude-for-naira: Dangote refinery gets only five of 15 cargoes,

Oil and Gas

Court nullifies CBN’s dissolution of Union Bank board

Banking
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Tag: Donald Trump

featured News

No negotiations yet amid US-Iran war, says Tehran envoy

Iran’s ambassador to Pakistan on Wednesday said there had been no talks between Washington or Tehran, after United States President Donald Trump signalled tentative progress in diplomatic efforts to end the war. “We have also heard such details through the media, but according to my information — and contrary to Trump’s claims — so far […]

featured Oil and Gas

Iran denies US talks, accuses Trump of oil market manipulation

Iran has firmly denied engaging in any negotiations with the United States. This directly contradicts claims by US President Donald Trump that both nations recently held productive conversations. In a statement issued on Monday, Iran’s foreign ministry insisted that no discussions are taking place between Tehran and Washington. It dismissed Trump’s remarks as a strategic […]

Business

Oil Prices fall as Trump pauses strikes on Iran

Oil prices dropped sharply on Monday after President Donald Trump said the U.S. and Iran held productive talks, prompting him to pause planned strikes on the country’s key energy infrastructure. Brent crude fell more than 6 per cent to $105.09 per barrel after rising above $112 on Friday, while West Texas Intermediate futures declined nearly […]

News

Trump orders five-day ceasefire on Iran energy sites amid talks

United States President Donald Trump announced on Monday that he had ordered a halt to threatened military strikes on Iranian energy infrastructure following productive discussions with Tehran. The announcement came amid an ongoing conflict in the Middle East, now in its fourth week, which has involved tensions over the Strait of Hormuz and attacks on […]

Maritime

Iran defies Trump Hormuz reopening order, threatens gulf mines

Iran threatened on Monday to deploy naval mines in the Gulf and target power plants across the region in defiance of United States President Donald Trump’s ultimatum demanding that the Islamic republic reopen the Strait of Hormuz. The escalated rhetoric followed warnings that the world faces an energy crisis more severe than the combined impact […]

World

Iran war: Europe rejects Trump’s call for Hormuz naval help

European leaders have rejected demands by the United States President, Donald Trump, for help to clear the Strait of Hormuz. This came as foreign ministers from the European Union gathered in Brussels yesterday to discuss skyrocketing oil prices from the US-Israeli war on Iran. The pushback followed Trump’s call on the UK, China, France, Japan, […]

Oil and Gas

Trump waives oil sanctions to slash global prices amid Iran war

United States President Donald Trump announced on Monday that his administration would temporarily waive certain oil-related sanctions to boost global oil supply and bring down prices amid disruptions from the ongoing Middle East conflict. The United States and Israel have conducted strikes on Iran, while Tehran has launched retaliatory attacks across the Gulf region. These […]

Tech

Trump launches tech corps to boost US AI presence overseas

Amid growing competition with China, the United States is leveraging a key instrument of American soft power and diplomacy to extend its influence in artificial intelligence: the Peace Corps. The White House on Friday introduced the “Tech Corps” initiative, a Peace Corps program aimed at promoting American AI abroad and supporting partner nations in implementing […]

Business

Trump urges Netflix to oust Susan Rice after accountability remarksk

Donald Trump has called on Netflix to remove one of its board members, Susan Rice, the former United States ambassador to the United Nations and national security adviser, after remarks she made about accountability when Democrats return to power. “Netflix should fire racist, Trump Deranged Susan Rice, IMMEDIATELY, or pay the consequences. She’s got no […]

featured World

Trump raises global tariff to 15% after court ruling

United States President Donald Trump has announced the imposition of global tariffs at 15 per cent, continuing his criticism of a Supreme Court ruling that invalidated his prior import taxes. On Friday, Trump stated that he would substitute the tariffs nullified by the court with a 10 per cent levy on all goods entering the […]

India seeks to keep US trade talks on track despite tariff hike
featured World

US Supreme Court strikes down Trump’s sweeping global tariffs

The United States Supreme Court on Friday ruled Donald Trump’s sweeping global tariffs illegal — a stunning political setback that blocks the signature policy of the president’s economic agenda. The conservative-majority high court ruled six-three in the judgment, saying that an emergency powers law known as the International Emergency Economic Powers Act (IEEPA) “does not […]

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