Author: Alade Adisa

Just days after Trump launched his trade war, Musk envisions a transatlantic free-trade zone ‘at the end of the day.’ Tesla CEO and U.S. government official Elon Musk on Saturday backed eventually ending all tariffs and creating a free-trade zone between the U.S. and the European Union, just days after U.S. President Donald Trump slapped hefty tariffs on the EU and most of the rest of the world. Musk’s comments, made in a video-streamed interview at a congress organized by Italian Deputy Prime Minister Matteo Salvini and his far-right League party, followed Trump’s imposition of a 20 percent tariff on…

Less than two weeks before the start of a landmark antitrust trial against tech giant Meta, the growing relationship between President Donald Trump and Meta CEO Mark Zuckerberg is stoking fears in Washington that the White House could pull the plug on the whole case. The trial, scheduled for April 14, is the culmination of a nearly six-year investigation and legal battle. Launched by the Federal Trade Commission during Trump’s first term and advanced by former President Joe Biden’s antitrust enforcers, it could ultimately force Meta to sell off Instagram and WhatsApp — a colossally expensive and complex maneuver that…

U.K. prime minister promises to “turbocharge” plans to improve the U.K.’s competitiveness this week. U.K. Prime Minister Keir Starmer said his government is ready to use industrial policy to mitigate the impact of the tariffs that the Trump administration just imposed, adding that all options are being considered in Britain’s response. “We stand ready to use industrial policy to help shelter British business from the storm,” Starmer wrote in an op-ed published late Saturday in the Telegraph. “Some people may feel uncomfortable about … the idea the state should intervene directly,” the prime minister admitted. “But we simply cannot cling…

*Chelsea could be hit with a fine and possible ban for breaching UEFA financial rules that limit losses *The Blues have been on a spending spree since the Todd Boehly-led consortium bought the club *Despite their extravagant spending, Chelsea are yet to become a force they expected on the pitch Chelsea are facing another ban after breaking UEFA’s rules for limits on losses for the 2023/24 season. Why are Chelsea facing a ban? According to The Times, the Blues could face a ban from European competitions for breaching limits on financial losses. The report adds that UEFA did not allow…

Volodymyr Zelensky said the attack on the Ukrainian capital proves Russia “intends to continue the war and the killing”. Russian air strikes hit the Ukrainian capital, Kyiv, on Sunday, killing one person and injuring three others, while the death toll from Friday’s devastating attack on Kryvyi Rih rose to 19, including nine children. The Kyiv victim was found near the epicentre of the strike in the Darnytskyi district, where fires broke out in multiple non-residential areas, causing severe damage to buildings and cars. In a statement on social media, Ukrainian President Volodymyr Zelensky suggested the intensifying Russian attacks showed there…

Just-installed Alaafin of Oyo, Oba Akeem Owoade, has disclosed his plans for Oyo Kingdom, with a promise to focus on infrastructure development and youth empowerment. The new king, who officially ascended the throne in Oyo town on Saturday, also said emphasis will be laid on the promotion of Yoruba culture and language. He succeeded Oba Lamidi Adeyemi who passed away last year. According to Nigerian Tribune, the monarch said his reign would focus on improving the welfare of his people, particularly by addressing youth unemployment and enhancing public amenities. He said, “Of immediate concern is the need to get our…

Sneaky fees estimated to cost consumers £2.2 billion a year are to be banned from today (Sunday) under new UK consumer protection laws. Businesses, including travel websites, ticket agencies and food delivery apps, will be required to include any mandatory fees in the headline price. Research has found these fees can be more than 25% of the product price. The ban comes into force under reforms in the Digital Markets, Competition and Consumer Act 2024, passed under the previous government. The new laws also impose bans on the use or commissioning of fake reviews. A report for the Department for…

In recent weeks, there seems to be a resurgence of kidnappings, rapes, killings, and other forms of crimes perpetrated by suspected herdsmen across many states in the country. This development shattered the relative respite in herdsmen disturbances across the country in the past months. Despair, fear and anxiety now reign supreme in many communities across the nation. A Vanguard report listed that no fewer than nine states are living in fear over the development, which threatens lives and property, especially in rural areas. The report listed the affected states to include Ondo, Ogun, Ekiti, Osun, Edo, Enugu, Delta, Ebonyi, and…

Plans are afoot for the Federal Government to fill its foreign positions, as it currently vets potential candidates to fill diplomatic and ambassadorial roles in its 109 missions, 76 embassies, 22 high commissions, and 11 global consulates, NEW DAILY PRIME has learned. According to PUNCH, a former minister of aviation under the Obasanjo administration, Mr Femi Fani-Kayode, and a former deputy governor of Lagos State, Femi Pedro, are among the nominees. It was also gathered that the vetting is not conducted centrally, as nominees are being asked to report to the DSS offices nearest to them. Reports also have it…

After the Edo State Governorship Election Petition Tribunal sitting in Abuja upheld the election of Governor Monday Okpebholo of the All Progressives Congress (APC) yesterday, there have been several fall-outs therefrom. NEW DAILY PRIME will offer precis of the reactions from the major players and stakeholders. TRIBUNAL’S JUDGMENT The tribunal, headed by its chairman, Justice Wilfred Kpochi, in a unanimous decision by a three-member panel, said it found no reason to nullify the outcome of the governorship contest held in the state on September 21, 2024. Justice Kpochi, who delivered the lead judgement, dismissed as lacking in merit, a petition…