International
Trump calls for US central bank head to quit immediately
Trump nominated Mr Powell to be the Fed chair during his first term.

• Mr Jerome Powell / Getty images
US President Donald Trump has called for the chair of the Federal Reserve to quit right away, in an escalation of his attacks on Jerome Powell.
“‘Too Late’ should resign immediately!!!”, Trump said in a post on his Truth Social platform.
He also included a link to a news article about a US federal housing regulator calling for Mr Powell to be investigated over his testimony about renovations to the central bank’s Washington headquarters.
Trump nominated Mr Powell to be the Fed chair during his first term.
Since then, he has repeatedly criticised him for not cutting interest rates but it is unclear whether the president has the authority to remove him from the post.
Despite the president’s continued criticism of Mr Powell, he said earlier this year that had “no intention of firing him”.
Trump wants the Federal Reserve to lower interest rates to help boost economic growth.
Mr Powell said on Tuesday that the Fed would have cut rates already had it not been for the impact of Trump’s tariff policies.
(From BBC News)
International
Nestle Sacks Global CEO Over Office Romance
In a statement, Nestle said Freixe’s departure on Monday, September 1, 2025, follows an investigation overseen by Chairman Paul Bulcke and Lead Independent Director Pablo Isla into an undisclosed romantic relationship with a direct subordinate, which breached the company’s code of business conduct.

•Laurent Freixe
Nestlé has sacked its global Chief Executive Officer (CEO), Laurent Freixe, for an office romantic relationship with a subordinate, which breached the company’s code of business conduct.
Nestle said that it had appointed veteran insider Philipp Navratil, who had headed the Nespresso coffee unit, as Freixe’s successor with immediate effect.
In a statement, Nestle said Freixe’s departure on Monday, September 1, 2025, follows an investigation overseen by Chairman Paul Bulcke and Lead Independent Director Pablo Isla into an undisclosed romantic relationship with a direct subordinate, which breached the company’s code of business conduct.
“This was a necessary decision. Nestle’s values and governance are strong foundations of our company. I thank Laurent for his years of service,” Bulcke said in a statement.
According to Reuters , the shock departure threatens more volatility for Nestle amid a tough consumer environment and the disruptive United States trade tariffs.
Crime
BREAKING: Finnish court sentences Simon Ekpa to six years in prison for terrorism

The Päijät-Häme district court in Finland has sentenced Simon Ekpa, pro-Biafra agitator, to six years in prison for terrorism offences.
In a ruling delivered on Monday, the court found Ekpa guilty of inciting terrorism and participating in the activities of a terrorist group.
According to a Finnish newspaper, the court said Ekpa had used his “significant social media following” to stoke tensions in Nigeria’s south-east region between August 2021 and November 2024.
In a unanimous ruling, the three-member panel of judges also stated that Ekpa was an influential member of a militant separatist movement whose goal was to actualise the carving out of a Biafra state from Nigeria.
The district court also noted that Ekpa had supplied certain groups with weapons, explosives, and ammunition “through his network of contacts in the region, and he was also found to have encouraged his followers on social media platform X to commit crimes in Nigeria”.
The court also convicted Ekpa of aggravated tax fraud and violating the provisions of the Attorneys Act.
International
US to close embassy in Nigeria Monday

The US Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, September 1, 2025, in observance of the US Labour Day holiday.
The US Mission announced this in a statement on its X account on Sunday morning.
“The U.S. Embassy in Abuja and Consulate General in Lagos will be closed on Monday, September 1, 2025, in observance of the U.S. Labour Day,” the Mission said.
It noted that the closure was a tribute to the contributions of American workers, a tradition dating back to 1882 when Matthew Maguire first proposed the holiday.
While essential services will remain accessible through emergency contact channels, routine consular services will resume after the holiday.
Nigerians seeking US visas or consular assistance are advised to plan their visits accordingly.
US Labour Day is a federal holiday observed on the first Monday of September every year.
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