The Nigerian Presidency has addressed concerns about the safety of newly introduced Compressed Natural Gas (CNG)-powered vehicles, emphasizing that the government has specifically chosen CNG as a safe and economical alternative to petrol-powered cars. This assurance came from Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, in response to Malaysia’s recent announcement to phase out …
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What Elon Musk could gain from a Trump presidency
Donald Trump’s return to the White House might also prove to be a win for one of his most visible supporters: Elon Musk. The world’s richest man spent election night in Florida with Trump at his Mar-a-Lago resort as returns came in. “The people of America gave @realDonaldTrump a crystal clear mandate for change tonight,” Mr Musk wrote on the …
Read More »Could the euro hit parity with the dollar in a Trump presidency?
Economists agree that a Trump presidency could weaken the euro against the dollar, with some analysts predicting parity if Republicans gain full control of Congress. While the euro strengthened during Trump’s first term, conditions now could drive it lower. ADVERTISEMENT Economists broadly agree that a Trump victory in the US elections would be likely to weaken the euro against the …
Read More »No vacuum in leadership with Tinubu and Shettima abroad – Presidency
The Presidency has clarified that there is no leadership vacuum in Nigeria despite President Bola Tinubu and Vice President Kashim Shettima being out of the country. The This was in response to concerns raised by journalists about who is currently in charge of national affairs. In a statement released on Wednesday, October 16, Mr. Bayo Onanuga, Special Adviser …
Read More »Dutch PM Mark Rutte takes over as new NATO chief; dismisses concerns of possible Trump presidency
NATO’s new leader, Mark Rutte took over the leadership of the military alliance from outgoing NATO chief Jens Stoltenberg at a ceremony in Brussels on Tuesday, October 1. This comes as the military alliance confronts an ongoing Ukraine-Russia war that could take a new turn if Donald Trump wins the presidency. In his acceptance speech, Rutte downplayed fears over the …
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