Omoyele Sowore, the convener of the Take-It-Back movement, has firmly rejected any plans to join a proposed coalition of former presidential candidates, Atiku Abubakar and Peter Obi, ahead of the 2027 general election. Sowore made his position clear in an interview with Arise TV’s Politics Today, stating that he would not align with the Social Democratic Party (SDP) or participate in the coalition being discussed by opposition figures. Sowore expressed his discontent with such coalitions, arguing that they are essentially repeating the same mistakes that led to the formation of the All Progressives Congress (APC) coalition in 2013 and 2015. …
Author: New Daily Prime
Oil stocks have taken a significant hit as US President Donald Trump’s new tariffs, combined with increased production from OPEC+, led to a sharp decline in global oil prices, marking some of the lowest levels in years. Analysts have also revised their oil price forecasts for 2025 downward, predicting weak demand due to the ongoing trade war and the additional supply from OPEC+. BusinessDay’s analysis reveals that the Dow Jones US Oil & Gas Index dropped nearly 9% on Friday, with a 15.8% loss over the past two days. Similarly, the S&P Oil & Gas Exploration & Production Select Industry…
As President Donald Trump promises “Liberation Day” for the American economy on April 2nd, many U.S. businesses say the reality feels more like a hostage situation. That’s the date Trump has vowed to introduce a sweeping new round of global tariffs, which he claims will free American industry from unfair foreign competition. But for most business owners, manufacturers, and trade experts, the uncertainty surrounding the administration’s plans is stifling investment, clouding forecasts, and increasing the risk of economic slowdown. “Liberation” is proving expensive. Tariff Confusion Creates Corporate Paralysis Initially billed as “reciprocal tariffs” aimed at countries that overcharge U.S. exporters,…
Washington, April 7 — In a closely watched decision, the U.S. Supreme Court on Monday ruled in favor of former President Donald Trump’s administration, allowing it to utilize a centuries-old wartime law — the Alien Enemies Act of 1798 — to deport alleged Venezuelan gang members. However, the court imposed key legal safeguards to ensure due process. In a narrow 5-4 ruling, the court granted the administration’s request to lift a lower court order by U.S. District Judge James Boasberg, which had temporarily halted deportations under the 1798 law. The justices made clear that while the executive branch may proceed…
By Hannah Furness The couple will celebrate their 20th wedding anniversary at a state banquet The King and Queen are spending their 20th wedding anniversary in Rome, posing for a photograph to mark the milestone. The new photographs of King Charles III and Queen Camilla were taken at Villa Wolkonsky, the British Ambassador’s residence. They were photographed hours after landing on Monday evening, in the Villa’s grounds, next to the Neronian spur of the Aqua Claudia. The Queen wore a white and beige coat dress by Anna Valentine and a Lily of the Valley brooch that once belonged to the…
By John Bolton It’s not about America, and there’s no connection to the real world What does Trump really intend? What is bluff, braggadocio, and bargaining and what is not? Because he does not have a philosophy or a national-security strategy, and often doesn’t seek pre-conceived objectives, observers from left to right are often confounded. Trump is the very epitome of “transactional,” his one immutable focus being himself. Accordingly, assessing such aberrational behaviour, what’s really happening inside his head, can be nearly impossible. Media, politicians and businesspeople alike frequently persuade themselves he is simply posturing, but are continually surprised by what he…
Lagos, Monday — The Lagos State Police Command has announced the arrest of seven individuals linked to separate murder cases across the state within the past two weeks. Speaking at a press briefing at the Command Headquarters, the spokesperson, Chief Superintendent of Police Benjamin Hundeyin, disclosed a series of tragic incidents that have prompted swift law enforcement responses. Fatal Altercation in Ikotun According to CSP Hundeyin, police officers attached to the Ikotun Division responded to a distress report on March 30, involving a fatal stabbing at Abaranje. A 46-year-old man was allegedly stabbed in the chest with a broken bottle…
Beijing, Monday — China has vowed not to yield to pressure or threats, responding firmly to U.S. President Donald Trump’s latest warning of imposing an additional 50 percent tariff on Chinese goods if Beijing proceeds with its planned countermeasures. “We have stressed more than once that pressuring or threatening China is not the right way to engage with us. China will firmly safeguard its legitimate rights and interests,” said Liu Pengyu, spokesperson for China’s embassy in Washington, in a statement to AFP. President Trump’s remarks came as part of his aggressive new global trade stance, which has already rattled markets…
By Olaoluwa Vincent Ajayi Burkina Faso’s President, Captain Ibrahim Traoré, declared that the country is not governed by democracy, but is instead undergoing what he calls a ‘popular and progressive revolution. Speaking at a flag-raising ceremony at the Koulouba Palace, Traoré dismissed democracy as a path to development, stating, “It is impossible to name a country that has developed in democracy. Democracy is only the result.” “If we have to say it loud and clear here, we are not in a democracy. We are in a popular, progressive revolution,” he said. “So this question of democracy or libertinism of action…
The Presidency announced on Monday that the Automobile Compressed Natural Gas (AutoCNG) initiative has secured over $491 million in investments over the past year. The announcement was made by Michael Oluwagbemi, Programme Director and CEO of the Presidential CNG Initiative (PCNGI), during a “Meet the Press” briefing at the Presidential Villa in Abuja. Oluwagbemi revealed that the initiative has generated significant employment opportunities, with more than 9,000 direct jobs and 75,000 indirect jobs created across the country. He further highlighted the impact of the programme on Nigeria’s vehicle conversion industry. “Nigeria’s capacity to convert vehicles from petrol and diesel to…