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January 14, 2025 Taiwan and Nigeria to Renew Trade Agreements
IFMUYONEWS

Taiwan and Nigeria to Renew Trade Agreements

Nigeria and Taiwan are set to sign a bilateral contract to boost the volume of trade between the two countries, which currently stands at 400million dollars.

Chief of Taiwan Mission at the Taipei Trade Office in Nigeria, Andy Yih-Ping Liu stated that the trade volume has enormous potential for growth as many Taiwanese investors are waiting for the renewal of bilateral agreement, which would provide a legal framework for the protection of investments.

Liu disclosed that a proposal had been sent to President Bola Tinubu on the need to renew the agreement to boost Nigerian-Taiwan relations.

He also said while the trade volume of $400m is infinitesimal compared to the $226bn with China, it can be improved upon with the renegotiation of the bilateral relation, which has been pending for the past 34 years.

January 9, 2025 Uyo Residents Express Optimism Over Return of Warri and Port Harcourt Refineries
IFMUYONEWS

Uyo Residents Express Optimism Over Return of Warri and Port Harcourt Refineries

Residents of Uyo metropolis expressing renewed optimism that the revival of the Warri and Port Harcourt refineries could significantly reduce the price of petrol across Nigeria.

With the federal government’s recent efforts to revitalize these key refineries, many citizens believe the move will lead to a reduction in the country’s over-dependence on petrol imports and alleviate the persistent rise in prices.

In recent months, Nigerians have witnessed an upward surge in petrol prices, with many parts of the country experiencing long queues at filling stations and rising transportation cost.

Speaking with our Reporter, AKANIMO OKON, on the prospect of operational refineries in the country, the Residents said they are hopeful the development will help bring down the prices of petroleum products.

 

As the federal government intensifies efforts to ensure the refineries operate at full capacity, the residents remain hopeful that economic relief are on the horizon for all Nigerians.

January 9, 2025 Hollywood Hills Fire Kills 5, Leaves Many More Needing Evacuation
IFMUYONEWS

Hollywood Hills Fire Kills 5, Leaves Many More Needing Evacuation

A fast-moving fire has been reported in Hollywood Hills on Wednesday night, threatening one of Los Angeles’ most iconic spots as firefighters battled to get under control three other major blazes that have so far killed five people, put 130,000 people under evacuation orders and ravaged communities from the Pacific Coast to inland Pasadena.

The Sunset Fire was burning near the Hollywood Bowl and about 1.6 kilometers from the popular Hollywood Walk of Fame.

The streets around Grauman’s Chinese Theatre and Madame Tussauds were packed with stop-and-go traffic as sirens blared and low-flying helicopters soared by on their way to dump water on the flames.

Several schools in the area were either damaged or destroyed, including Palisades Charter High School, which has been featured in many Hollywood productions, including the 1976 horror movie “Carrie” and the TV series “Teen Wolf,”

Nearly 1,900 structures have been destroyed in the Eaton and Palisades fires, and the number is expected to increase.

January 9, 2025 Donald Trump Reiterates Plan to Acquire Greenland
IFMUYONEWS

Donald Trump Reiterates Plan to Acquire Greenland

President-elect DONALD TRUMP has reiterated his appetite for the ownership of Greenland for economic security of the United States.

In the wake of his father’s contentious remarks, DONALD TRUMP JUNIOR made a trip to Greenland. The trip has fueled speculation about what exactly his father’s plans are for this Arctic territory.

While reiterating his desire for the Greenland, DONALD TRUMP, the President-elect of the United States, said nobody knows if Denmark have any right title or interest.

Washington has made previous attempts to assert control over Greenland. Back in 1946, U.S. officials proposed a staggering offer of 100 million dollars in gold bars to Denmark for ownership of the largest island on the planet.

Both Danish and Greenlandic officials maintain that, much like the previous attempt that failed, a similar initiative is unlikely to succeed at this time.

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