U.S. President Donald Trump on Thursday announced sweeping new tariffs on nearly 70 countries, including a 35 percent duty on Canadian imports, as part of a broader effort to reshape global trade in favor of American industries. While the tariffs were initially expected to take effect immediately, the White House said most of the measures…
Inflation in the eurozone remained unchanged at 2.0% in July, defying market expectations of a slight decline, according to data released by Eurostat on Friday. The figure aligns with the European Central Bank’s inflation target, despite forecasts from Bloomberg and FactSet predicting a drop to 1.9%. Core inflation—which excludes energy, food, alcohol, and tobacco—also held…
By Ayomide Otitoju One year after the Nigerian police violently suppressed peaceful #EndBadGovernance protests, Amnesty International has accused authorities of failing to ensure accountability for human rights abuses. In a statement on Friday, the rights group said the government has ignored calls for justice, despite clear evidence of police brutality, arbitrary arrests, and the use…
By Ayomide Otitoju Fidelity Bank Plc has reiterated its commitment to Nigeria’s economic transformation, aligning its initiatives with the federal government’s ambition to achieve a $1 trillion GDP by 2030. As part of its efforts, the bank continues to provide critical support to small and medium-sized enterprises (SMEs)—a sector that accounts for 96% of businesses…
Australian researchers have unveiled the world’s first fully functional bionic eye system, “Phoenix 99,” designed to fully restore vision to individuals with degenerative retinal conditions. Developed by a team at the University of Sydney and UNSW, the breakthrough technology bypasses damaged retinal cells and directly stimulates the brain’s visual cortex. It combines a camera, a…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) is working to ensure that Nigerians enjoy a 50 percent discount on the cost of converting their vehicles to run on Compressed Natural Gas (CNG). Executive Vice President, Gas, at NNPCL, Mr. Lekan Ogunleye, made the disclosure during an investigative hearing by the House of…
Super Eagles striker Victor Osimhen has completed a permanent move to Turkish champions Galatasaray in a deal worth €75 million, ending a protracted transfer saga with Italian side Napoli. Galatasaray confirmed the transfer on Thursday, disclosing that the Nigerian forward signed a four-year contract and will earn €15 million annually. He will also receive a…
By Ayomide Otitoju Nigerian music icon Innocent “2Baba” Idibia and Edo lawmaker Hon. Natasha Osawaru have officially married in a vibrant traditional ceremony in Benin City. The event, held in Edo State’s capital, was marked by rich cultural displays, traditional regalia, and royal blessings. Osawaru, a serving member of the Edo State House of Assembly,…
Gold purchases in Iran soared in Q2 2025 despite high global prices, driven by heightened regional tensions during a 12-day conflict with Israel, the World Gold Council (WGC) reported Thursday. Iran recorded a 20% year-on-year increase in gold coin and bar sales — the highest level in six years. Demand for jewellery also rose 12%…
