Author: Ogochukwu Ndubuisi

UAE Ambassador Calls on Iran to Halt Attacks Immediately The United Arab Emirates (UAE) called for de-escalation following Iranian airstrikes but insisted on its right to self-defence, according to the UAE ambassador to Germany Ahmed Alattar. The UAE would continue to work with the United States as a partner to prevent further escalation in the region, Alattar told the Handelsblatt newspaper in remarks published on Tuesday, adding that the UAE retained the full right to self-defence under international law. Iran has been attacking Gulf states since the start of the war around two and a half weeks ago, with the…

Trump Dimisses Possibility of Israeli Nuclear Strike on Iran The U.S. President, Donald Trump, on Tuesday dismissed speculations raised by one of his advisers that Israel might resort to using nuclear weapons against Iran in any conflict. Speaking to reporters, Trump responded to remarks made by adviser David Sacks, who had suggested in a podcast that Israel might escalate a war to the point of considering nuclear options. ”Israel wouldn’t do that. Israel will never do that,” Trump said. Israel has long maintained a policy of deliberate ambiguity regarding its nuclear capabilities, neither confirming nor denying possession of such weapons.…

Inflation: LCCI Cautions Against Complacency The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need to guard against complacency in spite of the recent marginal decline in Nigeria’s inflation rate. It, however, warned that mounting risks could reverse the trend. The Director General, LCCI, Dr Chinyere Almona, gave the advice on Tuesday in Lagos in reaction to the February inflation figure of 15.06 per cent from 15.10 per cent in January. Almona noted that although headline inflation eased slightly to 15.06 per cent, the increase in month-on-month inflation to 2.01 per cent signalled that price pressures remained entrenched.…

Soludo Sworn-in as Governor of Anambra for Second Term Gov. Chukwuma Soludo was on Tuesday sworn in as the Governor of Anambra State for a second term. Soludo was sworn in at 11.55a.m., after his deputy, Dr Onyekachi Ibezim, was sworn in earlier by the Chief Judge of Anambra, Justice Onochie Anyachebelu. He arrived Ekwueme Square, with Vice-President Kashim Shettima, former President Olusegun Obasanjo and former President Goodluck Jonathan, to a tumultuous reception. The incoming governor was decked in an orange attire, with a red cap to match. Soludo’s inauguration was witnessed by thousands of well-wishers, among whom were Chief…

Edun Participates in Nigeria–UK Investment Roundtable in London The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has joined senior government officials and international investors at a strategic Nigeria–United Kingdom investment roundtable convened by the Nigerian Investment Promotion Commission (NIPC) in partnership with the Commonwealth Enterprise and Investment Council (CWEIC). Held on the sidelines of President Bola Ahmed Tinubu’s State Visit to the United Kingdom, the roundtable focused on Nigeria’s next phase of economic reforms and the country’s renewed drive to attract long-term international investment. Discussions highlighted efforts to expand Nigeria–UK trade, currently estimated at…

Tinubu Begins Historic State Visit to UK President Bola Ahmed Tinubu, accompanied by the First Lady, Senator Oluremi Tinubu, will depart Abuja on Tuesday, March 17, for a State Visit to the United Kingdom as guests of Their Majesties King Charles III and Queen Camilla. King Charles will host President Tinubu and his wife at Windsor Castle from Wednesday, March 18, to Thursday, March 19. The state visit is the first by a Nigerian leader in 37 years. President Tinubu is also the first Nigerian leader to be hosted by the British monarch at Windsor Castle. Nigeria and the United…

The Nigeria Customs Service (NCS), Ogun Area 1 Command, Idiroko, says it seized illicit goods with a total Duty Paid Value (DPV) of N1,350,751,000 from various locations in the state from January to date.

Nigerian Artistes Generate N60bn from Spotify Streams in 2025 Nigerian artists generated over N60 billion in revenue from Spotify music streaming in 2025. Spotify disclosed this in its “Loud & Clear” annual report released on Monday in Lagos. Loud & Clear provides insights into the economics of music streaming and how artistes build careers, grow audiences and reach new markets globally. According to the report, revenue earned by Nigerian artistes from Spotify alone grew by more than 140 per cent over the past two years. “The figures reflect both the growing global appeal of Nigerian music and the increasing economic…

The Nigerian capital market will transition to a T+1 settlement cycle from May 29, as part of efforts to enhance market efficiency and align with global standards.

Petrol Price Hike: NLC Demands Government’s Intervention The Nigeria Labour Congress (NLC) has called for the government’s intervention to address the surge in petrol prices, which range from N1,170 to N1,300 per litre nationwide. The demand was contained in a statement signed by Mr Joe Ajaero, President of the NLC. Ajaero said the rising cost of petrol had worsened the hardship faced by Nigerian workers, particularly in transportation, food prices and general cost of living. “The sudden increase in petrol price to between N1,170 and N1,300 per litre has further deepened the economic hardship faced by Nigerian workers and the…