Author: bibncollar

US President Donald Trump has declared that Washington does not require China’s assistance to resolve the ongoing conflict with Iran, despite rising tensions around the Strait of Hormuz and growing fears over global oil supply disruptions. Speaking ahead of a planned summit in Beijing on Tuesday, Trump said the United States would prevail in the standoff with Iran “one way or the other,” whether through diplomacy or force. “I don’t think we need any help with Iran. We’ll win it one way or the other, peacefully or otherwise,” he told reporters. His remarks came as hopes for a wider…

The Nigeria Democratic Congress (NDC) has unveiled its timetable and fee structure for aspirants seeking elective positions ahead of the 2027 general elections, placing the cost of its presidential nomination process at ₦60 million. In a statement released on Tuesday and jointly signed by the party’s National Chairman, Senator Moses Zwughele, and National Secretary, Barrister Ikenna Enenweizu, the party disclosed that presidential hopefuls would pay ₦20 million for the Expression of Interest Form and ₦40 million for the Nomination Form. According to the schedule, the sale of Expression of Interest Forms will begin on May 13 and end on…

President Bola Tinubu has revealed that Nigeria is expected to spend about $11.6 billion on debt servicing in 2026, warning that the heavy repayment burden is limiting investment in key sectors needed for industrial growth. Speaking at the Africa Forward Summit in Nairobi, the Nigerian leader criticised the global financial system for placing African economies at a disadvantage through high borrowing costs and restrictive financial conditions. He argued that excessive debt repayments deprive countries like Nigeria of funds needed for manufacturing, energy, technology, and youth development. Tinubu stated that African nations face borrowing rates far higher than those in Europe,…

Yoweri Museveni has officially begun a seventh term as Uganda’s president, extending his rule to nearly four decades after winning January’s disputed presidential election. The swearing-in ceremony was held on Tuesday at Kololo Independence Grounds in Kampala, drawing thousands of supporters who gathered to witness the veteran leader take the oath of office. According to Uganda’s Electoral Commission, Museveni secured 71.65 percent of the vote in the January polls. His main challenger, Bobi Wine, whose real name is Robert Kyagulanyi, received 24.72 percent but rejected the outcome, claiming the election was marred by fraud, ballot manipulation, and other irregularities.…

Nigeria has once again failed to meet the 1.5 million barrels per day crude oil production quota assigned by the Organization of the Petroleum Exporting Countries. According to the latest National Liquid Hydrocarbon Production Report released by the Nigerian Upstream Petroleum Regulatory Commission on Tuesday, the country’s average daily crude oil production in April stood at roughly 1.4 million barrels per day, representing about 99 per cent of its OPEC target. When condensates were included, total oil production averaged around 1.6 million barrels per day during the month. The figures come as the Federal Government and oil industry stakeholders…

The Nigerian film industry has been thrown into mourning following the death of popular Nollywood actor Alex Ekubo at the age of 40. The sad news was confirmed on Tuesday by several of his colleagues and close associates, who paid emotional tributes to the late actor across social media platforms. Actress Funke Akindele, reacting via her Instagram story, expressed grief over his passing, recalling their friendship and cherished memories together. Actor Bolanle Ninalowo also mourned Ekubo’s death, praying for strength and healing for the late actor’s family and the entertainment industry. Similarly, Godwin Nnadiekwe described the development as heartbreaking, saying…

Pan-African movements and civil society organisations in Kenya organised a rival gathering in Nairobi to protest the Africa-France Summit, known as “Africa Forward,” attended by Kenyan President William Ruto and French President Emmanuel Macron. The alternative event, called the “Pan African Summit Against Imperialism,” attracted activists and advocacy groups who accused France of disguising continued neo-colonial influence in Africa as economic partnership and development cooperation. Demonstrators marched through sections of Nairobi carrying red flags and placards with slogans such as “Down with Imperialism!” and “Resist the Imperialist Drive to War.” Clips shared online showed protesters insisting the demonstration was…

Nollywood actress Genevieve Nnaji is set to make her return to the screen in Wahala, a new BBC drama series adapted from Nikki May’s debut novel of the same title. The BBC unveiled the cast of the six-part thriller on Tuesday, confirming that Genevieve will star alongside Adelayo Adedayo, Deborah Ayorinde, Cush Jumbo and Susan Wokoma. The series, whose title means “trouble” in Nigerian slang, centres on four Nigerian-British women living in London whose long-standing friendship is shaken by hidden secrets, betrayal and unresolved issues from the past. Wahala is adapted by BAFTA-nominated writer Theresa Ikoko and produced by…

The Edo State Police Command has commenced an investigation into a deadly shooting that occurred on Sunday evening around the University of Benin axis in Benin City. According to a statement issued by the Police Public Relations Officer, ASP Eno Ikoedem, preliminary findings indicate that three individuals — Onwuke Blessed, Alexander Omogiate, and Chinenye Christian Mbagwu — were leaving the university premises in a Mercedes-Benz GLK vehicle when another white GLK reportedly intercepted them near the institution’s main gate in Ugbowo. The assailants allegedly opened fire from their vehicle before fleeing the scene. The attack left the occupants of…

Data released by the Central Bank of Nigeria showed that the naira traded at an average of about ₦1,358 against the U.S. dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday. The figure reflects a slight improvement in the value of the local currency compared to recent trading sessions, during which the dollar exchanged between ₦1,352 and ₦1,365 depending on transaction volumes and participating banks. Market analysts linked the naira’s relative stability to continued foreign exchange interventions by the apex bank as well as increased FX inflows into the official market. Despite the improvement, analysts warned that rising…