International
PARIS SUMMIT: Africa Remains Centrepiece of Nigeria’s Economic, Foreign Policy – President Tinubu
Nigerian President, Bola Ahmed Tinubu has on Friday in Paris-France said Nigeria will sustain its spotlight on African countries as the fulcrum of its policies on economy and foreign policy, assuring that trade issues, security and border controls will be mutually implemented.
While receiving the President of Benin Republic, Patrice Talon, after the Summit on New Global Financing Pact, President Tinubu noted that bilateral relations with African countries, particularly at the sub-regional level will be enhanced for shared benefits in areas of security, health, energy, education and diplomacy.
Tinubu said: “We are ready to improve relations. Africa has been the centrepiece of Nigeria’s foreign policy,” he said.
“I believe in Africa. We have the necessity to grow the continent. The world’s economy is wobbling, and Africa has been left behind. On risk factors, Africa is always placed high, with higher interest rates on borrowing. We are always classified as high risk. We must work together for systematic recovery and growth,” he added.



President Tinubu described Nigeria’s relations with Benin as that of siamese twins, joined at the hips, and supported by other friendly countries.
“We must recognise the fact that we need each other. We are in a loop and no one should separate us, ” he stated, assuring that his administration will always be open and accessible to all neighbouring countries.
“I just appointed someone who will work with you as Comptroller General of Customs, Adewale Bashir Adeniyi, and he will be available for our common interest,” the President noted.



The President of Benin said he was inspired with renewed hope for the sub-region and Africa at the inauguration of President Tinubu in Abuja, pledging to provide support on trade and security policy, especially at the borders.
“We are prepared to work with you, Your Excellency, in implementing policies that will protect our economies at land and sea entries. Whatever is forbidden in Nigeria will also be forbidden in Benin,” Talon added.
President Tinubu also had bilateral meetings with Swiss President, Alain Berset, and President of the African Development Bank, Dr Akinwunmi Adesina.
International
Kenya Gives Foreign Traders 90 Days to Formalise Status Amid Xenophobia Fears
The Kenyan government has given foreign nationals operating businesses in the country 90 days to regularise their immigration status, work permits, business registrations and licences, following remarks by President William Ruto that triggered panic in immigrant communities and fears of xenophobic violence.
State House Spokesperson Hussein Mohamed announced the “orderly regularisation exercise” on Tuesday, saying relevant government agencies would work with foreign embassies to facilitate compliance. “Every person conducting business in Kenya is required to comply with applicable immigration, work-permit, registration and licensing requirements,” Mohamed said. Requirements will be administered “fairly, consistently and without discrimination” during the period. After the 90 days, the rules will be enforced “firmly and strictly in accordance with the law and due process.”
The move comes after Ruto’s comments last week that foreigners should not operate as hawkers or run small shops, which were widely seen as responding to complaints from Kenyan traders about competition in the informal sector. The remarks sparked anxiety, particularly among Burundian nationals who dominate street vending in parts of Nairobi. Hundreds queued at the Burundi embassy seeking travel documents amid concerns of a crackdown and possible attacks similar to recent xenophobic violence in South Africa. There were reports of at least one shop attack and instances of harassment or intimidation.
Mohamed explicitly warned that no individual or group has authority to harass, intimidate, threaten or interfere with foreign nationals or their businesses, stressing that enforcement is the sole responsibility of authorised state agencies. “Legitimate concerns about economic opportunity can never justify discrimination, excuse lawlessness or sanction violence,” the statement said. Kenya would remain “an open, secure and welcoming country” while protecting opportunities for its citizens, especially in the micro and small-enterprise sector.
Citizens of East African Community countries are eligible for free work permits, though many have not completed formal registration. The government has also directed that the Local Content Bill currently before Parliament be expanded to create a clearer framework identifying activities that may be reserved for Kenyans while protecting the rights of foreigners lawfully entitled to work, invest or trade.
The 90-day window is intended to allow an orderly process rather than immediate closures, offering temporary relief to affected communities while signalling stricter future enforcement.
International
Global media leader Annecchino dies at 55
Widely recognised as a transformative figure in global media, he was known for his strategic vision, entrepreneurial drive and ability to steer major organisations through periods of sweeping change.
|•Raffaele Annecchino
Raffaele Annecchino, the former President and CEO of Paramount International has died at the age of 55.
Widely recognised as a transformative figure in global media, he was known for his strategic vision, entrepreneurial drive and ability to steer major organisations through periods of sweeping change.
His career spanned more than 25 years at Paramount and ViacomCBS, starting in a commercial role in Madrid before rising to lead the company’s international operations across Europe, the Middle East, Africa, Latin America and Asia.
As CEO of Paramount International, Annecchino oversaw the company’s pivot from broadcast to digital, spearheading the international rollout of Paramount+, the global expansion of Pluto TV, and the creation of the SkyShowtime joint venture with Comcast.
He also built long-standing partnerships with major industry players, including Sky, Canal+, MultiChoice and Viaplay, and helped grow networks such as MTV, Nickelodeon, BET and Channel 5 in the UK, while backing production hubs across Africa, Asia, Europe and Latin America.
International
Meet The highest paid world leader
Lawrence Wong will see an increase of 1.4 million Singapore dollars ($1.1m; £818,000) in his annual pay package. He has said he will donate this pay increase to charity over the next five years.
•Lawrence Wong / BBC
Singapore’s government says it will raise the annual salaries of its ministers and other office holders, including its prime minister who is the highest paid political leader in the world.
Lawrence Wong will see an increase of 1.4 million Singapore dollars ($1.1m; £818,000) in his annual pay package. He has said he will donate this pay increase to charity over the next five years.
Wong said that raising the pay of ministers was necessary to attract better talent.
The government has previously argued that paying ministers high salaries deters corruption.
But the move has attracted criticism in Singapore where there is deep concern about job security and the rising cost of living.
Even before his pay raise kicks in, Wong is still by far the highest paid world leader.
He currently receives an annual salary of S$2.2m and will now see his pay go up by more than 60% to S$3.6m ($2.8m).
Next is Hong Kong chief executive John Lee, who earns about $719,000, followed by Switzerland’s president Guy Parmelin with $606,000.
US president Donald Trump earns $400,000 a year, while British PM Andy Burnham takes in $230,000.
On Tuesday, Wong acknowledged that Singapore ministers’ salaries have attracted scrutiny given that they were much more than what most citizens earn. The median monthly income in the country is S$5,775.
(BBC)
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