Author: Alade Adisa

United States President Donald Trump signed a proclamation on Sunday (local time) declaring February 9 as “the first-ever Gulf of America Day,” celebrating the renaming of the area formerly known as the Gulf of Mexico. Trump was on his way to the New Orleans for the Super Bowl 59 and signed this proclamation as Air Force One flew over the area he was renaming. This follows the signing of Executive Order 14172 on January 20, 2025, which mandated the renaming of the US Continental Shelf area. As part of the order, the Secretary of the Interior was directed to take…

Report offers rare insight into how Moscow sees invasion of Ukraine harming ties with close allies Russian officials believe western pressure is hampering Moscow’s efforts to draw former Soviet nations closer into its orbit and build economic ties with the global south, according to a leaked government report. The internal presentation, shown at a strategy session led by Prime Minister Mikhail Mishustin last April, offers a rare insight into how Russia’s war in Ukraine has harmed ties with some of its closest allies. The analysis notably concedes that western sanctions pressure, as well as economic overtures, had succeeded in driving…

Esma chair says national pushback to harmonising rules risks undermining its push to become a European SEC The EU’s top financial markets regulator has warned that Brussels’ efforts to streamline bureaucracy are likely to face resistance from national watchdogs as it pushes to become a European equivalent of the US Securities and Exchange Commission. The European Securities and Markets Authority (Esma) is pressing for greater powers to harmonise rules, including oversight of the EU’s largest exchanges, clearing houses and settlement systems that operate across borders — a role similar to that of its US counterpart. But Esma chair Verena Ross…

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, Atiku Abubakar has warned the federal government that the $1.07 billion allocated to the health sector in the 2025 budget must not be misused. Atiku, a former vice president noted that claims that animals such as snakes, termites, and monkeys were responsible for the disappearance of public funds should not befall the allocation to the health sector. The Turakin Adamawa, in a statement he personally signed on Sunday, said, “To this end, the Federal Government has to be deliberate about putting mechanisms in place for public…

The township of Fateng Tse Ntsho houses some 7,000 Black South Africans, its huddle of corrugated metal roofs surrounded on all sides by vast tracts of mostly empty grassland owned by prosperous white farmers. The contrast illustrates the gaping land inequalities that persist more than three decades after the end of white minority rule – and which an expropriation act President Cyril Ramaphosa signed last month partly seeks to redress. That law, which allows the government to confiscate land – in rare cases without compensation – has reignited racial tensions that have dogged Africa’s southernmost tip ever since European settlers began arriving nearly four…

A renewed cult clash in Obelle Community in Emohua Local Government Area of Rivers State on Sunday claimed the lives of no fewer than 19 people. Consequently, residents of the beleaguered community have fled for safety. Not long ago, precisely on Wednesday, last week, unidentified gunmen believed to be members of a cult group invaded the community and killed seven people. With the residents still mourning the loss of the victims of the last week massacre, the two cult groups in the area resumed their battle for supremacy after two years of truce, on Sunday morning. NEW DAILY PRIME gathered…

President Donald Trump said on Sunday that he would announce 25% tariffs on all steel and aluminum imports into the United States on Monday. Speaking on Air Force One on the way to New Orleans to attend the 2025 Super Bowl, Trump said he would also announce “reciprocal tariffs” on Tuesday or Wednesday, which he said would go into effect immediately. This means that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods. “If they charge us, we charge them… every country,” he said, adding: “If they are charging us…

The billionaire’s aggressive efficiency drive has critics warning of a constitutional crisis. Allies say he’s just getting started Before Donald Trump re-entered the White House last month, his top donor Elon Musk’s grand plan to slash trillions of dollars in US government spending appeared to consist of little more than a logo of a dog wearing sunglasses, and a stream of provocative social media posts. But behind the scenes, the richest man on the globe had quietly recruited tech executives and a slew of young coders, who would quickly deliver shock treatment to one of the world’s largest bureaucracies.…

Beijing may be better prepared this time for renewed trade conflict with Trump, analysts say  China’s embassy in Washington said on Sunday that it has imposed retaliatory tariffs on the US,hitting about $14bn worth of goods and dashing hopes that a trade war between the world’s two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision to impose an additional 10 per cent levy on Chinese products, which US President Donald Trump called an “opening salvo” in a renewed trade offensive against China. Compared with the blanket US tariffs, China’s measures —…

He (Putin) wants to see people stop dying – Donald Trump The war in Ukraine may be approaching a resolution as former U.S. President Donald Trump confirmed that he has spoken with Russian President Vladimir Putin regarding ending the conflict, according to an exclusive report from the New York Post. During an interview aboard Air Force One, Trump acknowledged multiple discussions with the Russian leader but refrained from revealing specific details about their conversations or the number of times they had spoken. “He (Putin) wants to see people stop dying,” Trump stated, reinforcing hopes that peace negotiations could soon take…