Author: Adejuyigbe Francis

Rishi Sunak Returns To Goldman Sachs As Senior Adviser, Pledges Salary To Charity. Former UK Prime Minister Rishi Sunak is embarking on a new chapter, rejoining Goldman Sachs as a senior adviser, marking a return to the investment bank where he launched his career over two decades ago. The announcement, made on Tuesday, July 8, 2025, highlights Sunak’s transition back to the financial sector after a high-profile tenure in British politics, including serving as Prime Minister from October 2022 to July 2024. In a notable gesture, Sunak has pledged to donate his earnings from this role to the Richmond Project,…

China Unveils Breakthrough Stem Cell Therapy For Diabetes Cure. Shanghai, China – Chinese scientists have achieved a monumental breakthrough in diabetes treatment, announcing the development of a stem cell therapy that could potentially cure both type 1 and type 2 diabetes. The announcement, detailed in a recent BBC report, highlights clinical trials that have successfully reversed the condition in patients, offering hope to millions worldwide living with this chronic disease. The therapy, pioneered by researchers at Shanghai Changzheng Hospital and other leading institutions, involves transplanting insulin-producing islet cells derived from patients’ own reprogrammed stem cells. In a landmark…

Abdullahi Umar Ganduje Appointed Chairman Of The Board Of The Federal Airports Authority Of Nigeria. In a significant development for Nigeria’s aviation sector, President Bola Tinubu has appointed Dr. Abdullahi Umar Ganduje, former National Chairman of the All Progressives Congress (APC) and ex-Governor of Kano State, as the Chairman of the Board of the Federal Airports Authority of Nigeria (FAAN). The announcement was made during the formal inauguration of the newly constituted FAAN board in Abuja on Wednesday, 9 July 2025, marking a new chapter in the country’s efforts to reform its aviation industry. The inauguration, led by the…

“If You Attack Taiwan, I Will Bomb Beijing,” Trump Warns Xi Jinping. Washington, D.C. – US President Donald Trump has reportedly issued a stark warning to Chinese President Xi Jinping, stating that the United States would retaliate with severe military action against Beijing if China were to invade Taiwan. The comments, captured in audio recordings from a 2024 private fundraising event and obtained by CNN, have ignited debate about the future of US-China relations and the volatile geopolitics surrounding Taiwan. In the recordings, Trump recounted his conversation with Xi, describing how he told the Chinese leader, “If you attack…

Nigerian House Of Representatives Proposes Historic Constitutional Amendment To Boost Inclusion. The House of Representatives in Nigeria has unveiled a groundbreaking proposal to amend the 1999 Constitution, aiming to reserve 10 per cent of National Assembly seats for women and 5 per cent for Persons with Disabilities (PWDs). Announced on 8 July 2025 by Speaker Tajudeen Abbas during the second Legislative Open Week in Abuja, this move seeks to address the long-standing underrepresentation of these groups in the country’s legislative framework, marking a significant step towards inclusive governance. The proposed amendment would increase the National Assembly’s total seats…

UAE Introduces New Visa Restrictions For Nigerian Travellers. The United Arab Emirates (UAE) has implemented stringent new visa regulations for Nigerian citizens, marking a significant shift in its immigration policy. Effective immediately, the UAE has banned transit visas for Nigerians and introduced additional conditions for those seeking to visit the country, particularly for tourism or business purposes. The move, announced on 9 July 2025, comes just a year after the UAE lifted a two-year visa ban on Nigerian travellers, raising concerns about the impact on travel and trade between the two nations. According to statements from UAE authorities, Nigerian…

New Passport Office For Senior Officials In Abuja Sparks Scepticism Amid US Visa Policy Shift. The Federal Government of Nigeria has launched a new passport front office in the capital, heralded as a solution to expedite passport processing for senior public officials and address long-standing delays for ordinary citizens. The initiative, announced today, aims to streamline access to travel documents, a move the government claims demonstrates its commitment to improving public services. However, the timing of this development, juxtaposed against the recent US visa policy changes restricting Nigerians to single-entry, three-month non-immigrant visas, has raised questions about the government’s true…

Nigerian Banks To Enhance Tax Compliance With New ₦5m Transaction Reporting Rule From 2026. Starting January 2026, Nigerian banks will begin reporting customer accounts with monthly transactions exceeding ₦5 million to the Federal Inland Revenue Service (FIRS) and other tax authorities, marking a significant step towards greater financial transparency. This directive, part of the 2025 Tax Reform Act, was announced by the National Orientation Agency (NOA) via its official X account, highlighting the government’s commitment to aligning Nigeria’s fiscal policies with global standards. The new rule, outlined in Section 30 of the Act, positions commercial banks as key players…

FCT Primary School Teachers Resume Classes After Wike’s ₦16 Billion Intervention Ends Three-Month Strike. Primary school teachers across the Federal Capital Territory (FCT) have called off their three-month strike, bringing relief to thousands of pupils and parents as classrooms are set to reopen on Wednesday, 9 July 2025. The Nigeria Union of Teachers (NUT) FCT Wing announced the suspension following a ₦16 billion intervention by FCT Minister Nyesom Wike, aimed at addressing long-standing salary arrears and implementing the new national minimum wage. The strike, which began on 24 March 2025, stemmed from the non-payment of teachers’ entitlements, including the…

EFCC Crackdown On Illegal Mining In Niger State Arrest 5 Chinese Nationals. The Economic and Financial Crimes Commission (EFCC) has made a significant stride in its fight against illegal mining, arresting five Chinese nationals and four Nigerians in Kaniyan Village, Mokwa Local Government Area, Niger State. The operation, conducted by the EFCC’s Kaduna Zonal Directorate, underscores the agency’s commitment to tackling economic sabotage and environmental degradation caused by unauthorised mining activities across Nigeria. The suspects, identified as Wu Ping, Xu XianLiang, Xu Aimin, Xue Cihuo, and Liu Changhua, alongside Nigerians Ibrahim Abdullahi, Sunday Oladele, Destiny John, and Bulus Samuel, were…

Devastating Flash Floods Ravage Central Texas, Claiming Over 100 Lives. Central Texas is reeling from catastrophic flash flooding that struck over the Fourth of July weekend, leaving at least 104 people dead and more than 160 missing, according to state officials. The floods, driven by a slow-moving storm system that dumped up to 15 inches of rain in mere hours, have been described as one of the deadliest natural disasters in Texas history. The Guadalupe River, swollen by torrential downpours, overwhelmed communities in Kerr, Travis, and Burnet Counties, with the Christian summer camp, Camp Mystic, suffering some of the most…

Jeff Bezos Sells $666 Million In Amazon Shares As Part Of Strategic Plan Amazon founder Jeff Bezos has sold nearly three million shares of the tech giant, valued at approximately $665.8 million, over two days in early July, according to a regulatory filing released on Tuesday. The transaction is part of a pre-arranged trading plan, announced earlier this year, which will see Bezos divest up to 25 million shares by May 2026. The sale follows his high-profile wedding to Lauren Sánchez, a lavish three-day event in Venice that reportedly cost $50 million and drew a star-studded guest list. Bezos, who…