The United States has introduced a new round of sanctions targeting over 400 entities connected to Russia’s energy sector, prompting strong approval from Ukrainian President Volodymyr Zelenskyy. Zelenskyy, via his X on Friday described the sanctions as a significant step in disrupting Russia’s financial…
Vice President Kashim Shettima has clarified that Nigeria did not apply for membership of BRICS, that is the Brazil, Russia, India, China, and South Africa bloc. According to Channels Television, Shettima spoke on Friday on the sideline of the BRICS…
Europe’s biggest companies have suffered at least €100 billion in direct losses from their operations in Russia since President Vladimir Putin’s full-scale invasion of Ukraine last year. According to a report obtained, a survey of 600 European groups’ annual reports…
The Central Bank of Nigeria (CBN) has urged Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs) in the country to be take counter security measures to tackle financial risks that may want to circumvent the system. The regulatory urged…
Vladimir Putin faced humiliation yesterday after one of the Russian president’s warplanes bombed his own people. A fighter dropped explosives on Belgorod on Thursday night in an extraordinary blunder by Kremlin forces. Footage showed the moment a Su-34 slammed a…
Those who initiated sanctions against Russia are punishing themselves and spurring inflation in their countries, while accusing Moscow of it, according to Russian President Vladimir Putin. Putin said this on Tuesday while addressing Russia’s Federal Assembly. “The West has opened…
Lagos and Ondo state governments have urged Russian businesses and Nigerians in the Diaspora to invest in promising sectors of the country to spur development, increase revenue and boost job creation. They spoke at a business gathering organised by the…
The Iranian parliament speaker has called for expanding cooperation with Russia, as both countries face “cruel” U.S. sanctions. Mohammad Baqer Qalibaf made the remarks during a joint press conference in Tehran with visiting Chairman of the Russian State Duma Vyacheslav…
Once new European Union restrictions on Russian oil products come into force on February 5, Russia could face losses of around $300 million per day, a new report from a Finnish research center predicts. The report, by the independent Helsinki-based…
Ukraine’s President Volodymyr Zelensky will meet his United States counterpart, Joe Biden, and address Congress in Washington on Wednesday, a visit the White House said will send Russia a strong message of Western unity. The secretly arranged trip comes on…
