U.S. President Donald Trump on Wednesday revealed that the United States will impose a reduced 20% tariff on several Vietnamese exports, lower than the initially proposed 46% rate outlined in April. The announcement comes just ahead of a July 9 deadline when broader tariffs are set to take effect on a range of imports, part of Trump’s ongoing push to reshape U.S. trade policy through aggressive levies. While Trump offered limited specifics, he indicated that Vietnamese goods would now face a 20% tariff, and goods trans-shipped through Vietnam from third countries—particularly China—would attract a higher 40% duty. In contrast, Vietnamese…
Author: Damilola Olufemi
However, tensions remain high over a range of issues, including technology, global conflicts, and China’s regional territorial ambitions
Former National Chairman of the African Democratic Congress (ADC), Chief Ralf Nwosu, has officially stepped down, handing over the party’s leadership and presenting its membership card to former Senate President David Mark and ex-Osun State Governor Rauf Aregbesola
The average retail price of Automotive Gas Oil, commonly known as diesel, rose by 25.24% in May 2025 compared to the same month last year, according to fresh data from the National Bureau of Statistics (NBS). Consumers paid an average of N1,758.26 per litre in May 2025, up from N1,403.96 per litre in May 2024. The NBS report titled “Automotive Gas Oil (Diesel) Price Watch” also revealed a marginal month-on-month increase of 2.08%, as prices climbed from N1,722.45 in April 2025. This comes amid a broader decline in inflation. Nigeria’s headline inflation rate dropped to 22.97% in May 2025, marking…
Former Senate President David Mark has officially resigned from the Peoples Democratic Party (PDP), ending decades of association with Nigeria’s main opposition party. Mark’s decision was communicated in a letter addressed to the PDP ward chairman in Otukpo Local Government Area of Benue State. Dated June 27, the letter became public shortly after the opposition coalition adopted the African Democratic Congress (ADC) as its unifying platform and announced Mark as its new chairman. He stated that his departure from the PDP is with immediate effect. “You may recall that over the years, I have remained firm and deeply committed to…
A prosecution witness in the trial of former Minister of Aviation, Hadi Sirika, has alleged that the ex-minister abused his position by awarding major aviation contracts worth billions of naira to companies linked to members of his immediate family. Testifying before Justice S.C. Oriji of the Federal Capital Territory High Court in Abuja, Christopher Odofin, an investigator with the Economic and Financial Crimes Commission (EFCC), detailed how Sirika, who served as minister from November 11, 2016, to May 29, 2023, manipulated a contract meant for terminal construction and apron expansion. Odofin explained that what was initially a single contract listed…
President of the United States of America, Donald Trump, announced on Tuesday that Israel has agreed to the terms of a proposed 60-day ceasefire in the ongoing Gaza conflict, placing the responsibility on Hamas to accept the offer. In a message posted on his Truth Social platform, the 79-year-old said the United States will use the two-month window to engage all stakeholders in efforts to bring the war to a definitive end. Qatar and Egypt, both of which have played key roles in previous mediation efforts, are expected to present the latest proposal to Hamas, which the U.S. continues to…
The Lagos State Government has declared the full enforcement of a statewide ban on Single-Use Plastics (SUPs), effective from Monday, July 1, 2025. Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, disclosed during a press briefing at the ministry’s headquarters in Alausa, Ikeja. He said that anyone found violating the ban would be prosecuted under existing environmental laws. According to Wahab, the government had allowed an 18-month grace period for residents, producers, and vendors to shift to more environmentally friendly alternatives before moving to full enforcement. “The decision to ban Single-Use Plastics in Lagos was not arbitrary. It…
Students of The Polytechnic Ibadan took to the streets on Tuesday to protest the recent renaming of their institution after former Oyo State Governor, Dr. Omololu Olunloyo. The demonstrators stormed the Oyo State Government Secretariat in large numbers, wielding placards and demanding that Governor Seyi Makinde reverse the decision and retain the institution’s original name. Chanting solidarity songs, the students insisted that the name The Polytechnic Ibadan carries historical significance and global recognition, and should not be altered. During the protest, the President of the Students’ Union Government (SUG), Olamide Oladipupo, led the charge, appealing to the state government to…
The Ondo State Government says it is preparing to investigate the circumstances surrounding the death of former Governor Rotimi Akeredolu. Speaking on Monday, the state’s Attorney General and Commissioner for Justice, Olukayode Ajulo, revealed that his ministry has received several petitions requesting a coroner’s inquest into the former governor’s death. Ajulo said the petitions, submitted by professional groups and residents of Akeredolu’s hometown in Owo, raised concerns about alleged inconsistencies and unanswered questions regarding his demise. He noted that the state’s coroner law grants citizens the right to seek clarity in cases where there may be suspicions of foul play.…