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Cashew industry generates over $400m from export –

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Oil and Gas

US to take control of Venezuelan oil reserves, says Trump

United States President Donald Trump has said he would permit American oil companies to enter Venezuela and tap into the country’s vast crude oil reserves following a US military operation that resulted in the seizure of Venezuelan leader Nicolás Maduro. Trump made the statement on Saturday while addressing a press conference, where he outlined plans […]

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UN warns US action against Maduro sets dangerous precedent

United Nations Secretary-General António Guterres has described the reported capture of Venezuelan President Nicolás Maduro and his wife by United States special forces as a “dangerous precedent”. This position was contained in a statement issued on Saturday in New York by the UN Spokesperson, Mr Stéphane Dujarric. Guterres said he is “deeply alarmed” by the […]

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US court upholds Trump’s $100,000 techie visa fee

A United States federal judge on Tuesday upheld President Donald Trump’s decision to impose a $100,000 fee for processing H-1B visa applications, despite acknowledging that the policy could “inflict significant harm on American businesses and institutions of higher education.” In a 56-page opinion, US District Judge Beryl Howell ruled that the president possesses “broad statutory […]

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Trump recalls US ambassador to Nigeria, others

United States President Donald Trump has reportedly ordered the recall of the United States Ambassador to Nigeria, Richard Mills, alongside several other career diplomats serving as ambassadors across different regions of the world. According to a report by Politico, the decision is part of a broader effort by the Trump administration to realign US diplomatic […]

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Oil prices rally as Trump orders Venezuelan tankers blockade

Crude oil prices climbed after United States President Donald Trump issued a directive for a blockade against sanctioned tankers from Venezuela. Meanwhile, equities saw general gains on Wednesday, though United States employment figures did not significantly increase the likelihood of another interest rate reduction in the coming month. Trading sentiment has remained quiet recently because […]

Oil and Gas

Trump is more than happy with our refinery — Dangote

President of Dangote Refinery, Alhaji Aliko Dangote, has dismissed claims that United States President Donald Trump is unhappy with the establishment of the $20 billion Dangote Refinery, describing such reports as unfounded. Dangote spoke amid social media claims linking Trump’s recent comments about possible military action against terrorists targeting Christians in Nigeria to the operations […]

Business

Trump flags antitrust concerns over Netflix’s Warner Bros deal

President Donald Trump has raised concerns that Netflix’s proposed acquisition of Warner Bros. Discovery could face intense antitrust review, casting new uncertainty over a deal that could reshape the global entertainment industry. Arriving at the Kennedy Center in Washington for a cultural event, Trump told reporters that the merger, which would bring one of Hollywood’s […]

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Trump threatens US air controllers amid govt shutdown

An additional 2,300 United States flights were cancelled on Monday as President Donald Trump publicly threatened to dock the pay of air traffic controllers who called in sick during the ongoing government shutdown. Following Trump’s criticism of absent aviation workers as unpatriotic, the National Air Traffic Controllers Association labor union countered, hailing members who were […]

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Trump threatens BBC with $1bn lawsuit over speech edit

United States President Donald Trump has threatened the BBC with legal action and welcomed the resignations of two of its most senior figures, following a campaign that escalated after criticism that the broadcaster’s flagship current affairs program, Panorama, used a misleading edit of a Trump speech in 2024. Lawyers for the US President reportedly told […]

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US revokes over 80,000 visas, including Nigerians

The United States Department of State has revoked the visas of more than 80,000 individuals, including Nigerians and other foreign nationals, as part of a sweeping immigration enforcement initiative under President Donald Trump’s administration. In a statement released on Thursday, the department said the action was in line with Trump’s commitment to protecting U.S. national […]

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