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The United States on Tuesday expanded sanctions targeting Iran’s oil sector, further targeting the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the Treasury Department said. Treasury Secretary Scott Bessent said the department had also frozen $130 million held in digital wallets linked to Iran’s central bank, hitting a sector that has seen increased activity…
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European Central Bank President Christine Lagarde will step down on 7 February 2027, months before her term expires in October next year, the Frankfurt-based institution said Thursday. “European Central Bank President Christine Lagarde today informed the Governing Council and the president of the European Council Antonio Costa that she will step down from her position…
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Nigerian singer and songwriter Oladapo Daniel Oyebanjo, popularly known as D’Banj, has paid tribute to his late son, Daniel Oyebanjo III, eight years after his death in a swimming pool accident. Daniel, fondly known as Daniel D3rd, died in 2018 at the age of 13 months at the family’s residence in Ikoyi, Lagos. In a…
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Families of victims of South Korea’s deadly Halloween crowd crush have demanded that footage of the disaster used in the latest instalment of “Call of Duty” be removed, a representative said Thursday, condemning its “complete lack of sensitivity.” “Call of Duty: Modern Warfare 4,” the newest edition of the hit franchise, features a full-scale North…
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British pharmaceutical group AstraZeneca announced Friday a 23-percent jump in net profit for the third quarter and a new programme targeting annual savings of $1.5 billion. Profit after tax rose to $3.12 billion in the July-September period, compared with the same quarter last year, thanks in large part to its cancer treatments, Britain’s biggest drugs…
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A record 47.9 million Americans have already voted in next week’s US midterm elections, with participation surging in key battleground states and registered Democrats outpacing Republicans, figures showed Friday. The University of Florida’s Election Lab had recorded 47,922,669 early votes nationwide by midday, surpassing the previous midterm record of 45.9 million cast ahead of Election…
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The Confederation of African Football (CAF) has reversed its decision to hold the Africa Cup of Nations (AFCON) every four years, announcing that the tournament will return to its traditional two-year cycle. The decision was taken unanimously by the CAF Executive Committee (EXCO), according to a statement from the continental football governing body. CAF President…
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Cryptocurrency platform Binance said Friday it was working to resolve a “complex attack” that affected around $6.3 billion in funds, with roughly half that amount frozen to prevent a massive theft. The company—the world’s largest crypto exchange by daily trading volume—said investigations had “uncovered additional points of breach,” contrary to initial findings suggesting the hack…
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Trade Union Congress (TUC) President Festus Osifo has said his Nigerian Labour Congress (NLC) counterpart, Joe Ajaero, cannot negotiate on behalf of organised labour, insisting that Ajaero can only speak for NLC members. Osifo spoke on Channels Television’s The Morning Brief on Friday amid a disagreement between the two labour leaders over the Federal Government’s…
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The Federal Government has launched a monthly cash relief programme paying ₦50,000 to vulnerable households to cushion the impact of rising living costs. Minister of Humanitarian Affairs and Poverty Reduction Bernard Doro announced the scheme in a statement issued Friday in Abuja. He said the National Emergency Relief and Stabilisation Intervention (NERSI) is a presidential…
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