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Zinox Chairman hails Tinubu’s reforms as boost for investor

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Tag: US

Business

US extends AGOA duty-free access for Nigeria, others

The United States has prolonged duty-free market access for Nigeria and other qualifying African nations under the African Growth and Opportunity Act through December 31, 2026. The development was confirmed in a statement issued on February 3, 2026, by U.S. Ambassador Jamieson Greer. The move is designed to strengthen trade relations between the U.S. and […]

Business

US faces brain drain as 154,000 federal workers exit payroll

More than 150,000 United States federal employees are set to depart the U.S. government payroll this week after taking buyout offers, the largest single-year exit of civil servants in nearly eight decades. Unions and governance experts warn the move could strip agencies of critical institutional knowledge, according to Reuters. The official resignations begin Tuesday for […]

TikTok removes more Universal Music songs as conflict worsens
Tech

US, China strike TikTok framework deal

United States Treasury Secretary Scott Bessent said Monday that Washington and Beijing have reached a framework agreement on TikTok. “It’s between two private parties, but the commercial terms have been agreed upon,” he said from U.S.-China talks in Madrid. Presidents Donald Trump and Xi Jinping are expected to meet Friday to discuss the terms of […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
Business

China ‘firmly opposes coercion’ as Mexico mulls car tariffs

The measure, included in a bill submitted by Mexico’s government to Congress, aims both to strengthen the country’s industrial sector and to appease US President Donald Trump, who has repeatedly pressed trading partners to raise duties on Chinese goods. Washington has accused Chinese manufacturers of exploiting the United States-Mexico-Canada Agreement by routing products through Mexico […]

News

Tour company halts operations after fatal US helicopter crash 

The tour company responsible for the sightseeing helicopter crash in New York, which resulted in six deaths, is halting its operations immediately, according to the United States Federal Aviation Administration. The crash, which occurred last Thursday in the Hudson River, claimed the lives of the pilot and a family of five Spanish tourists, including three […]

US Embassy in Nigeria moves to new visa service provider
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US cancels all visas for South Sudanese passport holders

The United States Secretary of State, Senator Marco Rubio, announced on Saturday that the US is revoking all visas for South Sudanese passport holders and blocking new arrivals. The move comes in response to South Sudan’s refusal to accept nationals who have been deported from the United States. “The State Department is taking actions to […]

Business

US begins enforcement of Trump’s 10% tariff, disrupts global trade

United States customs agents on Saturday began enforcing a 10% baseline tariff on imports from various countries, with higher tariffs on goods from 57 major trading partners set to begin next week. This action marked President Trump’s complete departure from the post-World War II system of agreed-upon tariff rates, opting instead for unilateral trade measures. […]

News

US among easiest countries to launder money via real estate – Report

Transparency International has identified the United States as highly susceptible to money laundering through its real estate sector. Despite the country’s advanced law enforcement capabilities, factors such as the ease of concealing property ownership through anonymous companies contribute to this susceptibility. Transparency International in the report titled ‘Opacity in Real Estate Ownership (OREO) Index’, assessed 24 […]

US Embassy in Nigeria moves to new visa service provider
Travel

JAPA: US warns Nigerians against visa overstay, threatens permanent ban

The United States diplomatic mission in Nigeria has warned that individuals who overstay their visas may face a permanent ban. In a post on X (formerly Twitter) on Monday, the mission stated that consular officers have full access to applicants’ immigration history and can detect past violations, which could impact future visa applications. “If you […]

News

US urges Canada, Mexico to match tariffs on China

United States Treasury Secretary, Scott Bessent, has urged Canada and Mexico to align their trade policies with the United States by imposing matching tariffs on Chinese goods. This proposal comes as a potential strategy for these nations to avoid impending U.S. tariffs of up to 25% on their exports, set to take effect after a […]

News

US sues Walmart, Branch Messenger over driver payment issues

The United States Consumer Financial Protection Bureau filed a complaint against Walmart and Branch Messenger, accusing them of requiring delivery drivers to use poorly managed and expensive deposit accounts to receive payment. The complaint highlights concerns about the financial products’ management and the cost burden on drivers. “Walmart made false promises, illegally opened accounts, and […]

Tech

US launches probe into legacy Chinese chips

The United States launched a probe into legacy Chinese semiconductors, affecting products from cars to defense systems. The Section 301 investigation will examine China’s policies and practices regarding the production of silicon carbide substrates and other wafers used in semiconductor fabrication, according to the White House. Washington’s probe aims to assess U.S. dependence on legacy […]

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