March 12, 2025 » - Page 7

“Nigeria’s 2025 Budget: ₦54.99 Trillion Plan Faces Debt, Revenue Challenges—What It Means for You”

“Senator Natasha Akpoti-Uduaghan Fights Back: Reports Suspension and Sexual Harassment Case Against Akpabio to Global Parliament Body”

“LASU Graduate Adedamola Ogunbode Found in Shallow Grave as Police Arrest Prime Suspect”

“Nigeria Power Outage Worsens: Millions in Darkness as Grid Crisis Sparks Outrage”

“Chevron Compensation Halt Sparks Protests in Delta State: Itsekiri Communities Demand Justice”

Major stock indices plunged sharply this week as investors grappled with uncertainty stemming from President Donald Trump’s fluctuating tariff policies. However, when questioned about whether his tariffs were responsible for market volatility, Trump pointed the finger elsewhere. “Well, a lot of them are globalist countries and companies that won’t be doing as well,” Trump said in the Oval Office on Thursday. “Because we’re taking back things that have been taken from us many years ago.” Trump did not specify what exactly had been taken or by whom. “We’ve been treated very unfairly as a country,” he continued. “We protect everybody. We do everything for all these countries, and a lot of these are globalist in nature.” It remained unclear what Trump meant by “globalist in nature,” though NBC reported that his administration was considering revising its approach toward NATO allies. Later in the press event, Trump doubled down on his claim, asserting that “globalists” were behind the market downturn. “I think it’s globalists that see how rich our country’s going to be, and they don’t like it,” he said. Throughout the briefing, Trump used the term “globalist” to describe people, companies, and countries, making it difficult to determine precisely whom he was referring to. During his first term, Trump often decried “globalism,” portraying it as a threat to American sovereignty and economic interests. He also frequently labeled political opponents as “globalists,” in line with his nationalist, isolationist stance. The term “globalist” has drawn criticism from groups who argue it carries antisemitic connotations. The American Jewish Committee notes that the word is often used as “a coded reference to Jews who are seen as international elites conspiring to weaken or dismantle ‘Western’ society using their international connections and control over big corporations.” Trump’s use of the term in relation to daily stock market movements was unusual. The White House did not immediately respond to requests for clarification on his comments. The remarks came as Trump, just two days after imposing 25% tariffs on Canada and Mexico, announced temporary exemptions for certain goods entering the U.S. from those countries. He denied that these exemptions were a reaction to the market decline. “Nothing to do with the market,” Trump insisted. “I’m not even looking at the market.” Even as he rejected the idea that his tariffs were driving the sell-off, he acknowledged that tariffs could cause temporary disruptions. “There’ll always be a little short-term interruption,” he said. “I don’t think it’s going to be big, but the countries and companies that have been ripping us off aren’t particularly happy with what I’m doing.” He concluded, “Again, there’ll be disruption.”

Politics

Trump Blames ‘Globalists’ for Stock Market Plunge Amid Tariff Uncertainty – Springs News NG

March 7, 2025March 7, 2025 Joseph okafor 0

Lagos (March 7, 2025) Major stock indices plunged sharply this week as investors grappled with uncertainty stemming from President Donald Trump’s fluctuating tariff policies. However, when questioned about whether his

Football Sports

Real Sociedad vs Manchester United 1-1: Match Highlights, VAR Controversy, Key Stats & Man of the Match Analysis

March 6, 2025March 6, 2025 Joseph okafor 0

Manchester United were held to a 1-1 draw by Real Sociedad in the first leg of their UEFA Europa League round of 16 tie on Thursday night in Spain. Match

Football Sports

Copenhagen 1-2 Chelsea: Blues Edge Past Danish Side in First-Leg Victory | Highlights, Stats & Man of the Match

March 6, 2025March 6, 2025 Joseph okafor 0

Chelsea continued their unbeaten run in the UEFA Europa Conference League with a hard-fought 2-1 win over Copenhagen in Denmark on Thursday night. The victory gives the Blues a crucial

Business

Nigeria’s Banking Liquidity Surges as Interbank Rates Decline

March 6, 2025March 6, 2025 Joseph okafor 0

By Okafor Joseph Afam Liquidity in Nigeria’s banking sector has rebounded significantly, reaching ₦572.8 billion from a ₦307.8 billion deficit recorded in January. This surge is driven by substantial inflows

Politics

Senate Suspends Senator Natasha Akpoti-Uduaghan for Six Months Over Akpabio Allegation, Freezes Benefits

March 6, 2025March 6, 2025 Joseph okafor 0

By Okafor Joseph Afam, March 6,2025 The Nigerian Senate has suspended Senator Natasha Akpoti-Uduaghan for six months following her sexual harassment allegation against Senate President Godswill Akpabio. This decision, recommended

News

Mercy Chinwo Sues VDM for N1.1 Billion Over Defamation Amid EeZee Tee Dispute – SpringsNewsNG

March 6, 2025March 6, 2025 Joseph okafor 0

Lagos Nigeria Match 6,2025 Renowned gospel singer Mercy Chinwo has initiated legal proceedings against controversial social media critic Martins Otse, popularly known as VeryDarkMan (VDM), over alleged defamatory statements made

Business

SpringNewsNG: Another Company Set to Acquire MultiChoice as FG Probes DStv, GOtv Price Hike

March 6, 2025March 6, 2025 Joseph okafor 0

The deadline for Canal+’s acquisition of MultiChoice, a leading pay-TV broadcaster in South Africa, has been extended by six months, moving from April 8, 2025, to October 8, 2025. This

Nigerian Man Extradited to U.S. Over $1.3M Tax Fraud, Cyber Intrusion – Springs News NG

March 6, 2025March 6, 2025 Joseph okafor 0

Abuja MARCH 6,2026 A Nigerian citizen, Matthew A. Akande, 36, has been extradited to the United States for his involvement in a sophisticated cyber intrusion and tax fraud scheme that

News

SPRINGSNEWSNG: NANS Demands Justice for LASU Graduate Allegedly Murdered by Lagos Cleric

March 6, 2025March 6, 2025 Joseph okafor 0

LAGOS MARCH 6,2025 The National Association of Nigerian Students (NANS) Southwest (Zone D) has demanded a thorough and transparent investigation into the brutal killing of Adedamola Quadri Ogunbode, a 28-year-old

Politics

Supreme Court Overrules Appeal Court, Affirms High Court’s Power to Halt Rivers State Revenue Allocation — SpringNewsNG

March 6, 2025March 6, 2025 Joseph okafor 0

The Supreme Court has overruled the Court of Appeal, affirming that the Federal High Court has jurisdiction to halt the release of revenue allocations to the Rivers State Government. The

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