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Ongoing trade war between the United States (U.S.) and China over tariff hike could slash global economic output by 0.5 per cent next year, the International Monetary Fund (IMF) warned yesterday. The warning is coming ahead the meeting of global finance leaders in Japan this weekend.
Spain’s foreign minister on Wednesday lashed out at Washington’s decision to lift a ban on lawsuits in US courts over property confiscated by Cuba, calling the move an “abuse of power” that would lead to a “legal battle”.
India's Prime Minister Narendra Modi has promised a "strong response" one day after at least 42 troops were killed in Kashmir, with New Delhi calling for "the complete isolation of Pakistan" for harbouring the armed group behind the devastating attack.
Britain’s business minister on Thursday warned that the prospect of crashing out of the European Union without an agreement would be “disastrous” for the country, as fractious MPs prepare to vote on a contentious Brexit deal.
Organisers of the 2019 football Asian Cup have vowed to take legal action against pirate company, beoutQ, for illegally broadcasting its matches in an ongoing piracy row in the Gulf region.
Former President Olusegun Obasanjo has said President Muhammadu Buhari’s hands are too weak to sign the African Free Trade Agreement (AfCTA).
The Minister of Transportation, Mr Rotimi Amaechi, on Tuesday, urged African Shippers’ Councils to focus on the implementation of World Trade Organisation (WTO), Trade Facilitation Agreement (TFC), and issues relating to trade.
British Prime Minister Theresa May is planning an early general election in November to save her leadership and to prevent the collapse of talks with European leaders over Britain's exit from the bloc, according to a report by the Sunday Times newspaper.
Britain’s economy would suffer “substantial costs” should it leave the European Union in March with no divorce agreement, the International Monetary Fund warned Monday.
Fresh sparring between Washington and Beijing over trade kept world stocks close to three-week lows on Wednesday, while a slight dollar pullback gave little respite to emerging markets, Indian rupee plumbed new record lows.
Oil prices rose on Friday as concerns over the impact of a trade war depressed sentiment, although impending U.S. sanctions on Iran and falling Venezuelan output supported the market.
A former aide of Chief MKO Abiola, Lisa Olu Akerele, has said that naming National stadium after the late winner of the June 12, 1993 Presidential election was an indication that President Muhammadu Buhari has good heart.
Contrary to speculations that President Muhammadu Buhari fell to pressures from leaders of the South-West geopolitical zone to recognize June 12 as national Democracy Day over political interest, the President on Wednesday said his decision was hinged on the need to correct alleged injustice meted out on the entire country by the military government.
The Department of State Services said it has observed with concern the deliberate plots and attempts by some subversive and undemocratic elements to incite or pit one ethnic group against the other by stoking the embers of tribal sentiments to cause disaffection and violence across the country.
Prof. Akinyele Aluko of the Global Knowledge Group has described President Muhammadu Buhari’s renaming of Aura stadium after the late MKO Abiola as one of the President’s boldest moves thus far.
Prince Tony Momoh, a former Minister of Information on Wednesday said former President Goodluck Jonathan reduced the late MKO Abiola to an ethnic champion by renaming the University of Lagos (UNILAG) which is located in the South- West after him.
The National Assembly management has given outgoing members of the 8th Senate three days to handover their office keys.
Governor Seyi Makinde of Oyo State on Monday pledged to waive his immunity as the governor if brought before the proposed anti-corruption agency in the state.
An Ilorin Magistrates’ Court on Tuesday ordered the remand of four men at the Oke-Kura Prison, Ilorin, for the alleged murder one Isiaka Sikiru.
The Niger House of Assembly on Tuesday elected Alhaji Abdullahi Wuse (APC), member representing Tafa Constituency, as the speaker of the 9th Assembly in the state.
Sen. Ike Ekweremadu (PDP-Enugu), on Tuesday, disclosed the real reason he contested for the deputy senate president’s seat during the inauguration of the 9th Senate in Abuja.