Author: Ifetayo Adeniyi

China payback: 84% tariffs on US products from Thursday Chinese 100 yuan notes (red) and US 100 dollar notes, in Beijing on April 8, 2025. Photo: Jade GAO / AFP China payback: 84% tariffs on US products from Thursday China payback: 84% tariffs on US products from this Thursday. China is ready to impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump’s latest salvo of tariffs came into effect on dozens of trading partners Wednesday, including punishing 104…

LAPO Microfinance Bank Committed to Women Empowerment, Inclusion LAPO Microfinance Bank Committed to Women Empowerment, Inclusion In commemoration of the 2025 International Women’s Day, themed, “Accelerate Action,” LAPO Microfinance Bank has reaffirmed its commitment to championing female leadership, advancing financial inclusion, and creating equitable opportunities across its workforce and customer base. In a statement signed by the company’s Director of Marketing and Corporate Communications, Oluremi Akande, the bank noted that with over 70 per cent of its lending portfolio dedicated to women-owned and led enterprises, LAPO has consistently empowered female entrepreneurs through easy access to credits, financial literacy programs, loans,…

FG goes ahead with crude, refined product sales in Naira Refinery FG goes ahead with crude, refined product sales in Naira * Naira initiative is a long-term strategic, not a short-term. The Federal Government has confirmed the crude and refined product sales in Naira initiative remains a standing national policy and will continue indefinitely. However, the policy will stay in place as long as it serves the public interest and supports Nigeria’s broader economic goals. This assurance was contained in the official X (formerly Twitter) handle of the Federal Ministry of Finance on Wednesday morning amid growing inquiries on the…

Davido, Chioma will hold white wedding in Miami Davido and Chioma Davido, Chioma will hold white wedding in Miami Afrobeats superstar Davido has revealed plans to have his white wedding ceremony with his wife, Chioma, in August in Miami, USA. While on The Breakfast Club interview, Davido confirmed the upcoming event, saying, “I’m doing my white wedding in Miami in August. Our traditional marriage shut down Nigeria because our relationship was in the public eye, and a lot has happened, apart from losing our child.” The announcement comes 10 months after their lavish traditional wedding, held in June 2024 at…

Niger Republic chooses Hausa as national language, drops French Niger republic Niger Republic chooses Hausa as national language, drops French Niger – The Niger military administration has formally announced Hausa as the country’s new national language while dumping its colonial past in which French played a prominent role. The move was made known in a new charter issued on March 31 and published in a special edition of the government’s official newspaper. According to the document, “The national language is Hausa,” and “the working languages are English and French.” Hausa is already the most commonly spoken language across Niger, especially…

On US tariffs: Obi proffers way out for  Africa survival Peter Obi speaking at the commonwealth event On US tariffs: Obi proffers way out for  Africa survival * Urges focus on agriculture economic transformation. * Asks for purposeful leadership in Africa. Peter Obi, the Presidential Candidate of the Labour Party in the 2023 general election, has called on African nations to urgently invest in their human capital and scale up productivity as a strategy to mitigate the impact of potential trade disruptions under a second Donald Trump presidency in the United States. Obi gave the charge on Tuesday while speaking…

Chukwueze to leave Milan during summer exit AC Milan forward, Samuel Chukwueze Chukwueze to leave Milan during summer exit AC Milan are preparing for a major transformation ahead of the 2025-26 season, and according to La Gazzetta dello Sport, one of the prominent names expected to depart is Samuel Chukwueze. The Nigerian winger, who arrived from Villarreal less than two seasons ago, has struggled to establish himself in Milan due to injuries and limited playing time. This lack of consistency has left his future at the club uncertain. During his time in Spain with the Yellow Submarine, the Nigerian was…

Dangote Recognized With Honoured As Leadership Person Of The Year (L-R): Chief of Staff to Aliko Dangote, Ibrahim Dikko Adamu; Senior Special Adviser to Aliko Dangote, Fatima Wali Abdurrahman; Jamil MD Abubakar; Special Adviser to Aliko Dangote, Engr. Mansur Ahmed; Senior General manager, External Relations/ Stakeholder Management, Abatcha Bishara and the Group Chief Branding and Communication, Dangote Industries Ltd, Anthony Chiejina, all representatives of the President /CE, DIL, Aliko Dangote at the Presentation of Person of the year 2024 Award, at Leadership 17th Edition of Annual Conference & Awards in State House Banquet Hall, Aso Rock Villa Abuja on Tuesday…

Nigeria spent half of earnings combating insurgency – Karimi The Chairman of the Senate Committee on Services, Senator Sunday Karimi Nigeria spent half of earnings combating insurgency – Karimi The Chairman of the Senate Committee on Services, Senator Sunday Karimi, has drawn attention to the huge financial toll that insecurity has taken on Nigeria, revealing that more than half of the country’s revenue in recent years has gone into fighting terrorism and insurgency. According to a statement issued in Abuja on Tuesday, and made available to journalists, the Kogi West Local Government Area lawmaker addressed remarks made by Senator Ali…

TETFund, Innov8 Hub R4i collaborate to rebuild trust in Nigeria’s Potential Executive Secretary NBTE, Prof Idris Bugaje (left), exchanging pleasantries with Innov8 GM, Chief Meir Dagan, whilst Executive Secretary TETFund, Arch Sonny S.T. Echono (middle) and Innov8 MD, Mr Gregory Ibe(Jnr) far right, look on. TETFund, Innov8 Hub R4i collaborate to rebuild trust in Nigeria’s Potential TETFund, Innov8 Hub R4i collaborate to rebuild trust in Nigeria’s Potential Now more than ever, Nigerians have reason to believe in the nation’s potential. With a wealth of human resources, immense talent, and boundless creativity, the country is poised for socio-economic transformation. A crucial…