President Donald Trump is set to introduce new 25% tariffs on all steel and aluminum imports into the United States, further escalating tensions in global trade. The announcement, expected on Monday, will add to the existing duties on metal imports and could lead to retaliatory measures from key trading partners. The European Union has already…
Renowned Senior Advocate of Nigeria (SAN), Femi Falana, has filed a lawsuit against Meta Platforms Inc., the parent company of Facebook, over what he describes as a serious invasion of his privacy. The legal luminary is seeking $5 million in damages after discovering a video falsely claiming he has been battling prostatitis for over 16…
U.S. President Donald Trump has ordered the Treasury Department to halt the production of the one-cent coin, commonly known as the penny. The decision comes amid concerns about the rising cost of minting the coin, which costs more to produce than its actual value. Trump announced the directive via his social media platform, stating: “For…
Israeli Prime Minister Benjamin Netanyahu has reaffirmed his commitment to eliminating Hamas and securing the release of all Israeli hostages held by the group. His statement came after a fifth hostage-prisoner exchange took place on Saturday as part of a ceasefire deal in Gaza. In a video statement, Netanyahu declared, “We will eliminate Hamas, and…
Iran has expressed willingness to negotiate with the United States but firmly rejected any discussions under the “maximum pressure” approach championed by US President Donald Trump. Iranian Foreign Minister Abbas Araghchi made this clear in a statement published on Telegram on Saturday, emphasizing that diplomacy cannot take place under coercion. “The lifting of sanctions requires…
In a bid to address the escalating crisis in the Democratic Republic of Congo (DRC), a high-level summit of African leaders convened in Tanzania on Saturday, urging an “immediate and unconditional ceasefire” within five days. The meeting brought together key figures from the East African Community (EAC) and the Southern African Development Community (SADC), including…
Cryptocurrency markets took a hit on Saturday, reeling from the economic uncertainty triggered by U.S. trade policy shifts. The turbulence follows President Donald Trump’s executive order on January 31, which imposed tariffs on imports from Mexico, Canada, and China—a move that sent shockwaves through both traditional and digital asset markets. Although the tariffs on Mexico…
U.S. federal judge has issued an emergency order preventing Elon Musk’s government reform team from accessing personal and financial data stored at the Treasury Department. The ruling, which came early Saturday, places immediate restrictions on Musk’s team amid growing concerns over data security and potential legal violations. U.S. District Judge Paul A. Engelmayer’s order specifically…
The ongoing trade war between the United States and China is reshaping the global economic landscape, and Africa is poised to reap some unexpected benefits. According to the January 2025 edition of the Pan-African Manufacturers Association (PAMA) bulletin, the tensions between these two economic giants could lead to increased foreign direct investment (FDI) in Africa’s…
As the battle over TikTok’s future in the U.S. intensifies, the company has found a way to keep its app accessible despite restrictions. On Friday, TikTok announced that Android users in the U.S. could now download and connect to the app through package kits (APKs) available on its website, bypassing the removal of TikTok from…
