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Nigeria Balances Security Needs with Sovereignty in Response to U.S. Offer

Nigeria has stated that while it is open to receiving assistance from the United States in combating Islamist insurgents, such support must fully respect its sovereignty and territorial integrity. The announcement came after U.S. President Donald Trump warned of potential “fast” military action in Nigeria over what he described as the persecution of Christians in the country. Daniel Bwala, an adviser to Nigerian President Bola Tinubu, emphasized that Nigeria welcomes international cooperation in its fight against terrorism but will not compromise its independence. “We welcome U.S. assistance as long as it recognises our territorial integrity,” Bwala said, adding that dialogue between the two nations could lead to stronger joint efforts against extremist groups. Nigeria, Africa’s most populous nation with over 200 million people, has faced years of violence from Islamist insurgents, including Boko Haram and Islamic State West Africa Province (ISWAP). These groups have carried out dea...
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Wall Street Holds Steady Amid Trump's Tariff Threats

                                       

US stocks showed resilience on Tuesday as investors weighed President-elect Donald Trump's threat to impose fresh tariffs on China, Canada, and Mexico. The S&P 500 inched up roughly 0.3%, while the tech-heavy Nasdaq Composite jumped about 0.4%. However, the Dow Jones Industrial Average dropped 0.3% after hitting a record high.

Trump's pledge to impose tariffs from his first day in office initially sparked trade war fears, but Wall Street seemed to take the news in stride, holding onto gains from Monday's Bessent-bounce. Investors are now closely watching the release of Federal Reserve minutes for clues on the pace of interest rate cuts in the coming year.

European carmakers, particularly Nissan and Honda, faced pressure due to Trump's "America First" push, while the Mexican peso and Canadian dollar dropped sharply. Meanwhile, bitcoin retreated to trade around $92,840 per token as its bid for the $100,000 milestone ran out of steam.




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