President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates. “I have no intention of firing him,” Trump told reporters in the Oval Office on Tuesday. “I would like to see him be a little more active in terms of his idea to lower interest rates,” he added. The…

Delta State witnessed a major political shake-up on Wednesday as Governor Sheriff Oborevwori and his predecessor, Ifeanyi Okowa, parted ways with the Peoples Democratic Party (PDP) to align with the ruling All Progressives Congress (APC). The development, which followed a high-level meeting at the Government House in Asaba, was confirmed by the Governor’s Chief Press Secretary, Festus Ahon. In a related move, Senator James Manager announced Okowa’s defection, revealing that…

Pay increases granted by British employers stayed at three per cent in the three months to March, according to figures from human resources data firm Brightmine that are likely to be welcomed by the Bank of England. It marked the fourth consecutive rolling quarter of pay awards at that level and the joint lowest pace of increase since December 2021. BoE officials are watching closely to see how employers react…

The Fund manager City Of London Investment Group on Tuesday reported a $170 million outflow from emerging markets in the three months to March 31, citing uncertainty from tariffs imposed by the U.S. President Donald Trump. Trump’s tariffs have caused turbulence in global markets, creating volatile trading swings across asset classes, clouding the global economic outlook, and prompting recession fears. Read also: Trump may shut down US embassies in Africa,…

Starmer British Prime Minister Keir Starmer said a landmark ruling that the legal definition of a woman under equality laws should be based on biological sex provided much-needed clarity and a clear position to underpin gender policies. Recall that the Supreme Court ruled on April 16 that single-sex services for women, such as refuges, hospital wards and sports, could exclude trans women, clearing up legal ambiguity. Read also: UK Supreme…

Eight months ago, the Minister of State for Defence, Bello Matawalle and service chiefs vowed to see the end of insecurity in the north. However, insecurity has persisted in the northern region despite the vow by FG to end security issues in the region. In August 2024, Matawalle, vowed to bring an end to insurgency and killings in the north-west, assuring the public of the Federal Government’s ongoing efforts. Speaking…

With the death of Pope Francis, announced by the Vatican on Monday, Roman Catholics around the globe will start speculating on who among the red-robed cardinals will succeed him. Given the nature of cardinal appointments Francis made during his papacy, there will inevitably be some expectation that the Argentine pontiff’s successor will be another non-European, and that like Francis he could be another progressive, opposed to the Church’s conservative wing.…

Lando Norris topped the timesheets for McLaren in Friday’s second practice session at the Saudi Arabian Grand Prix, as Red Bull’s Yuki Tsunoda suffered a dramatic crash late in the day. Tsunoda, who recently stepped into the Red Bull seat vacated by Liam Lawson, lost control at the final corner of the Jeddah Street Circuit. After clipping the inside wall, the Japanese driver was launched into the barriers on the…

Democratic U.S. Senator Chris Van Hollen met on Thursday with Kilmar Abrego Garcia, the man wrongly deported to El Salvador in a case that has pitted a defiant Trump administration against the courts and fanned the prospect of a constitutional conflict. The senator posted on X an image of himself in El Salvador with Abrego Garcia, dressed in a collared shirt, jeans and a baseball cap, a day after being…

Sainsbury’s Britain’s second largest food retailer after Tesco forecasted flat profit this year as it pledged to sustain its competitive edge if a price war emerges. Last month, Asda, the number three player, flagged the start of a potential price war, saying it would take a hit to profits to finance price cuts aimed at reversing a slide in its market share. Tesco responded last week, forecasting 2025/26 adjusted operating…

London risks becoming an “ageing city” as Labour hammers landlords with red tape, experts have warned. Average private rents in London jumped by 9.1pc to £2,243 per month in April, according to the latest figures from the Office for National Statistics (ONS). The typical house price in the capital stands at £556,000, according to the latest UK House Price Index. Rents have been surging since the pandemic, with a tax…

President Donald Trump of the United States of America will walk away from trying to broker a Russia-Ukraine peace deal within days unless there are clear signs that a deal can be done, U.S. Secretary of State Marco Rubio said on Friday. “We’re not going to continue with this endeavour for weeks and months on end. So we need to determine very quickly now, and I’m talking about a matter…