Trump threatens 25% tariff on Iran’s trade partners
United States President Donald Trump says any country doing business with Iran would face a tariff rate of 25 per cent on any trade with the U.S. Trump’s threat is coming as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years. “Effective immediately, any Country doing business with the Islamic Republic of...
Ugandan President Museveni seeks 7th term after 40 years in power
Ugandan President Yoweri Museveni is seeking a seventh term in office, extending a rule that began in 1986 after he led a rebel movement to power promising an end to long-serving leadership in Africa. Museveni, 81, has dominated Uganda’s politics for almost four decades, winning six elections amid repeated allegations of corruption, authoritarianism and electoral irregularities, which his government denies. “Corruption...
Paramount sues Warner Bros over bid to buy company
Paramount Skydance has filed a lawsuit against Warner Brothers Discovery (WBD) as it presses an unwelcomed bid to buy the CNN-parent company. Paramount disclosed this in a statement on Monday, January 12, 2026. The company’s suit seeks to compel the WBD board to provide certain information to shareholders that it argues will cast its offer in a more favourable light. The suit,...
DisCos billed N255bn, collected N211bn in October — NERC
Electricity distribution companies (DisCos) across Nigeria billed customers N255.19bn for electricity supplied in October 2025 but were only able to collect N210.92bn, according to the latest commercial performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC). The figures highlight persistent revenue leakages in the power sector, driven by a combination of unbilled energy and unpaid customer bills, which continue...
Court arraigns man over N60m visa scam
A man identified as Israel Onen was on Monday arraigned before the Federal High Court in Lagos by the Zone 2 Command of the Nigeria Police Force over an alleged N60m visa fraud. Onen appeared before Justice Ibrahim Kala on a four-count charge bordering on conspiracy, obtaining money by false pretence, fraud, money laundering and stealing. The charges are contained...
Fuel import bill fell 54% in two years as local refining expands
Nigeria’s spending on imported refined petroleum products has dropped sharply by 54 per cent over the past two years, falling from $14.58bn in the first nine months of 2023 to $6.71bn in the corresponding period of 2025, according to the Central Bank of Nigeria’s Balance of Payments (BoP) data. A review of the CBN’s 2023 and 2024 full-year reports and...
APC, PDP clash over control of Osun LG secretariats
Tension is mounting in Osun State as the All Progressives Congress (APC) and the Peoples Democratic Party (PDP), alongside civil society groups, trade accusations over the control of local government council secretariats across the state. The APC has dismissed claims by the PDP and a coalition of civil society organisations that its local government chairmen are illegally occupying council secretariats....
Aspirants for Awujale stool rise to 95
The race for the vacant Awujale stool of Ijebu land has intensified, with no fewer than 95 aspirants emerging from the Fusengbuwa ruling house in Ijebu Ode, Ogun State. The aspirants—94 princes and one princess—were presented on Monday during a nomination meeting of the ruling house held at Bisrod Hall, GRA, Ijebu Ode. The meeting was chaired by the head of...
Kidnappers demand N100m ransom for eight abducted Edo residents
Suspected kidnappers have demanded a ransom of N100m for the release of eight residents of Imoga community in Edo State who were abducted on Friday night. The traditional ruler of Imoga Kingdom, the Okpahi of Imoga, Oba Patrick Obajoye, disclosed this on Monday during a telephone interview. He said the victims were kidnapped at Star Boy Hotel along the Imoga–Ibillo Road...
CAF holds 2027 AFCON qualifiers preliminary draw today
The Confederation of African Football (CAF) will on Tuesday hold the draw for the preliminary round of the 2027 Africa Cup of Nations (AFCON) qualifiers, marking the formal start of the qualification process for the tournament. Ahead of the draw, CAF on Monday released the official seeding pots for the teams involved in the opening phase. Six teams have been...
