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    UK Court awards £20m Damages in favour of Nigeria against P&ID

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    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

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    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

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    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

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    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

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    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    Augusto & Co. upgrades Globus Bank Limited’s rating to A and A1

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President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

Tuesday, 4 March 2025, 12:23 pm
in News
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President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky
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President Donald Trump has ordered a pause on all military aid to Ukraine, intensifying pressure on President Volodymyr Zelenskiy just days after a contentious meeting in the Oval Office left the support of Ukraine’s most critical ally in question.

According to a senior Defense Department official, who requested anonymity to discuss private deliberations, the U.S. is freezing all pending military assistance until Trump determines that Ukraine’s leaders are making a genuine commitment to peace. Additionally, a White House official noted that the administration will review the aid to ensure it contributes to resolving the conflict.

This order impacts all U.S. military equipment not currently in Ukraine, including weapons in transit on aircraft and ships, as well as items awaiting transit in Poland. Although the exact number of affected weapons remains unclear, Trump has inherited from former President Joe Biden the authority to deliver $3.85 billion worth of weapons from U.S. stockpiles.

Trump is keen on quickly negotiating a deal to end the war that began with Russia’s full-scale invasion of Ukraine three years ago. However, during their recent Oval Office meeting, when Zelenskiy sought security guarantees to prevent future Russian violations of any potential agreement, Trump responded angrily, telling him to return when he was prepared to pursue peace.

As a result, the two sides abandoned plans for a mineral resources deal that was viewed as a possible step toward a ceasefire. This development has prompted European allies to scramble to devise plans to continue supplying Ukraine with weapons and offer peacekeeping forces for any agreement. However, European nations lack many of the arms and capabilities that the U.S. currently provides, and allied officials have indicated that weapon supplies may only last until summer.

The pause in aid is a significant setback for hopes of a peaceful resolution between the two sides. Earlier on the same day, Trump had kept the possibility of signing the minerals deal with Ukraine open, and European leaders expressed optimism that it could still be salvaged. “It’s a great deal for us,” Trump told reporters, adding, “I’ll let you know tomorrow,” when he addresses a joint session of Congress.

He remarked that Zelenskiy “should be more appreciative” of the billions in U.S. assistance that Ukraine has received to combat Russia’s invasion. Vice President JD Vance, who participated in the heated exchanges with Zelenskiy at the White House last week, stated on Fox News with Sean Hannity that “the Russians are going to have to give up stuff. The Ukrainians are going to have to give up stuff.”

He added, “When they’re willing to talk peace, I think President Trump will be the first person to pick up the phone.” Leaders from the UK and France, Keir Starmer and Emmanuel Macron, are working on a temporary ceasefire proposal to present to Trump. This proposal would allow for detailed discussions to initiate a durable long-term peace plan. Interestingly, the aid pause may be part of Trump’s strategy.

Defence-related stocks rose across the Asia-Pacific region on Tuesday, with analysts suggesting that regional companies may benefit from increased demand from Europe. Shares of South Korea’s Hanwha Aerospace Co. and Hyundai Rotem Co. soared by more than 11%, while IHI Corp. in Tokyo gained nearly 7%. European leaders believe that Trump is attempting to pressure Zelenskiy into apologizing and signing the minerals agreement, according to sources familiar with the situation who chose to remain anonymous.

Vivian Ifunanya Gerald

Engineer, Entrepreneur, forex trader and Analyst

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