S. Korea Passes Bill for $350bn US Investment to Avert Tariffs

South Korea’s parliament on Thursday approved a bill enabling up to $350 billion in investments in the United States, fulfilling a key part of a trade agreement reached with Washington last year to avert steep tariffs proposed by Donald Trump. The agreement, finalized in November, commits Seoul to a major investment package, including $150 billion…

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Tinubu Nominates Lamido Yuguda as CBN Deputy Governor

By Ayomide Otitoju Bola Tinubu has nominated former Director-General of the Securities and Exchange Commission, Lamido Yuguda, as Deputy Governor of the Central Bank of Nigeria (CBN). The nomination was disclosed on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, who said the appointment is subject to confirmation by the Nigerian…

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El-Rufai Seeks ₦1bn Damages from ICPC, IGP, Others

By Ayomide Otitoju The Nigeria Police Force, through the Inspector General of Police, has asked the Federal High Court in Abuja to dismiss a fundamental rights enforcement suit filed by former Kaduna State governor, Nasir El-Rufai. El-Rufai is seeking ₦1 billion in damages against the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the…

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Tambuwal Dumps PDP, Joins ADC

By Ayomide Otitoju Former Sokoto State governor and senator representing Sokoto South, Aminu Tambuwal, has resigned from the Peoples Democratic Party (PDP) and joined the African Democratic Congress (ADC). In a letter dated March 11, 2026, addressed to his ward chairman in Tambuwal/Shinfiri Ward of Tambuwal Local Government Area, the former governor announced his resignation…

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EMT Meets to Assess Middle East Tensions’ Effect on Nigeria

By Ayomide Otitoju The Federal Government of Nigeria says it is closely monitoring escalating geopolitical tensions in the Middle East involving the United States, Israel and Iran, amid concerns about potential effects on Nigeria’s economic stability. The development followed a meeting of the Economic Management Team (EMT) chaired by Wale Edun, Minister of Finance and…

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North Korea Backs Iran’s New Leader Mojtaba Khamenei

North Korea on Wednesday said it respects Iran’s decision to appoint a new supreme leader, while accusing the United States and Israel of undermining peace and stability in the Middle East. State media reported that an unnamed spokesperson for North Korean Foreign Ministry said Pyongyang supports the Iranian people’s right to choose their leader. The…

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HEFAMAA Probes Socialite’s Death After BBL Procedure in Lagos

By Ayomide Otitoju The Lagos State Government has advised residents seeking cosmetic or aesthetic procedures to exercise caution and ensure such services are obtained only from accredited health facilities and qualified medical practitioners. The advisory comes as the Health Facilities Monitoring and Accreditation Agency (HEFAMAA) continues its investigation into the reported death of a Lagos…

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DHL–NYU Report Tracks Globalization with 9M Data Points

By Ayomide Otitoju Several Sub-Saharan African economies are emerging among the world’s fastest-improving in global connectedness, according to the latest DHL Global Connectedness Report 2026, which shows that globalization remains resilient despite rising geopolitical tensions and uncertainty in global trade policies. The report, released by DHL in partnership with New York University Stern School of…

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