The World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala said on Thursday that any tit-for-tat trade wars would have catastrophic consequences for global growth in a debate where US President Donald Trump’s tariff threats were discussed. “If we have tit-for-tat retaliation, whether it’s 25 percent tariff (or) 60 percent and we go to where we were in the 1930s we’re going to see double-digit global GDP losses. That’s catastrophic. Everyone will…

A Federal High Court sitting in Apo, Abuja on Thursday granted the Economic and Financial Crimes Commission (EFCC) permission to amend the charges against former Minister of Power, Olu Agunloye, over the alleged fraudulent award of the $6 billion Mambilla Power Project contract. Presiding over the case, Justice Jude Onwuegbuzie ruled in favor of the EFCC’s application to amend the charges and ordered Agunloye to take his plea.  The former…

The National Agency for Food and Drug Administration and Control (NAFDAC) on Wednesday destroyed fake, expired, and substandard goods worth ₦1.3 billion in Abuja. The Director General of NAFDAC, Professor Moji Adeyeye, represented by Festus Ukadike, who led officials of the agency to the Kuje dump site in Abuja, said the items destroyed, including drugs, hospital equipment, cosmetics, food items, and several other products. He also destroyed expired food items…

After a two-hour gunfight, security operatives in Kogi State successfully rescued 16 victims, including three pastors, who were kidnapped in the Ofu Local Government Area. The victims, abducted after attending a crusade in Ejule, regained their freedom through the intervention of a combined team of security personnel. The pastors, who served as guest ministers at the crusade, were kidnapped on their way to their guest house after the second day…

By Alade Adisa A total of 114 are graduating in the first class category, as Olabisi Onabanjo University (OOU), Ago Iwoye, Ogun State holds its 34th convocation ceremony. Disclosing this on Thursday at a press briefing held as part of the events for the ceremony in Ago Iwoye, the Vice Chancellor, Prof. Ayodeji Agboola, said a total of 6,066 would be bagging degrees and diplomas in various programmes during the…

The National Universities Commission (NUC) has officially approved the establishment of the Ebonyi State University of ICT, Science and Technology in Oferekpe. This makes it the 66th state university and the 278th in Nigeria’s university system. Executive Secretary of NUC, Prof. Abdullahi Ribadu presented the recognition letter to Governor Francis Nwifuru on Thursday. The recognition letter will also be sent to key education bodies like JAMB, TETFund, NYSC, and NELFUND.…

The Lagos State Government on Thursday issued a 48-hour ultimatum to traders operating under the Apongbon Bridge and along drainage setbacks in Lagos Island to vacate the areas. Announcing this on on Thursday, Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab, said the directive is part of the state’s urban regeneration initiative aimed at improving infrastructure and tackling environmental challenges. Wahab spoke during an inspection of the Savage/Elegbata/Bombata…

A fierce gunfight broke out on Thursday between Nigerian Navy personnel and local youths in Farasime village, located in the Owode Apa border area of Badagry West, Lagos State. The confrontation reportedly began when naval officers launched an operation to apprehend suspected smugglers transporting Premium Motor Spirit (PMS), also known as petrol to neighboring Cotonou. Eyewitnesses revealed that the youths resisted the Navy’s attempts to arrest the smugglers, sparking a…

A general gloom pervaded the air as thousands of users worldwide face disruptions with ChatGPT, the popular AI-powered chatbot, going offline, rendering it inaccessible and sparking frustration among its vast user base. Reports of the service being unavailable began surging on Thursday morning, leaving many unable to access the conversational AI tool. A website that tracks online service disruptions, Downdetector, reported a significant increase in user-submitted outage reports, surpassing 1,000…

The Lagos State Muslim Pilgrims Welfare Board has announced the total fare of ₦8,784,085.59 for intending pilgrims participating in the 2025 Hajj exercise in the Kingdom of Saudi Arabia through the state.  Board Secretary Saheed Onipede made this announcement in a statement on Monday, following the fare announcement by Abdullahi Usman, the Chairman/CEO of the National Hajj Commission of Nigeria (NAHCON).  The Board urged intending pilgrims who have already paid…

…Says ‘her father was a UNILAG Professor, she never sold sachet water’ A former Minister of Foreign Affairs, Professor Bolaji Akinyemi, has called out the leader of the UK’s Conservative Party, Kemi Badenoch for her frequent negative remarks about Nigeria. Akinyemi accused Badenoch of using disparaging remarks about Nigeria to advance her political career. Recall Badenoch has been under fire in Nigeria for a series of negative comments about her…

The wife of Hakeem Odumosu, a retired Assistant Inspector-General of Police, has been rescued from the hands of her abductors through the operatives of Ogun State Command. Recalled that on 16 January, Mrs. Odumosu was kidnapped from her residential home in the Arepo area of Ogun State at approximately 9:45 PM. New Daily Prime gathered that two abductors were neutralised while four others flee their camp at creek in the…