Connect with us

International News

USA: Trump Raises Fresh Conflict Of Interest Concerns

Published

on

Spread the love

 

Donald Trump’s impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency and other ventures raising fresh concerns.

The billionaire’s stunning political comeback is “rocket fuel for the Trump Empire,” said Mark Hass, an Arizona State University marketing professor.

After almost a decade of making headlines around the globe, Trump’s “brand is… sort of the Nike or Apple of politics,” he said.

“Everybody in the world knows what it stands for.

Trump no longer holds an executive title at the Trump Organization, which has been run by his two eldest sons since his 2016 election win.

However, the 78-year-old has retained his stake in the family business via a trust, which during his first term in office was managed by a third party.

After he left the White House, Trump made himself a co-administrator of the trust. He has yet to say if he will relinquish the position when he takes office again in January.

Regardless, according to Hass, Trump’s association with his businesses will persist.

“Maybe he does not have a direct role in it, but you couldn’t get as close to the business without directly running it, than having your sons run it and to have your name on it,” he said.

Tim Calkins, a Northwestern University marketing professor, said that Trump’s victory has likely revived the family’s brand.

“Brands are associations and at the moment the Trump brand is associated with winning, comebacks and momentum,” he told AFP.

 

“Trump is still a very polarizing brand, but the election outcome has strengthened the positive associations,” he said.

Since Trump’s last term in office, the family business has struck substantial deals overseas, with several linked to Saudi Arabia.

The Trump Organization has partnered with Saudi developer Dar Global on a high-rise apartment complex in the Red Sea city of Jeddah, a luxury building in Dubai and a hotel complex in Oman.

It has also signed an agreement with LIV Golf, controlled by the Saudi sovereign wealth fund, and has hosted several LIV events on Trump-owned golf courses.

Haas said that such partners understand the contracts give them “influence” over Trump, and will ultimately produce financial benefits for him.

Stock price

Trump’s conflicts of interest will be “a lot worse” than his last presidency, said Jordan Libowitz, vice president of communications at CREW, a government ethics watchdog group.

Libowitz pointed to Trump’s expanded portfolio, which now includes a media group trading on the public market.

“There’s nothing stopping, say, the Saudi wealth fund, the Emirati wealth fund, the Kuwait wealth fund — which all do major investments in technology stocks… from pouring hundreds of millions of dollars into the stock,” he said.

 

Trump owns nearly 53 percent of the Trump Media Technology Group (TMTG), the parent company of his Truth Social platform.

That stake is currently valued at around $3.8 billion — making up the majority of his estimated $5.9 billion wealth, according to Forbes.

Foreign investors buying up the stock could raise its price greatly, said Libowitz. “But they can also crash it by selling all en masse.”

The New York Post has reported, citing members of Trump’s campaign team, that billionaire ally Elon Musk is considering acquiring Truth Social through X, his platform formerly known as Twitter.

 

The president-elect has also recently ventured into the world of cryptocurrencies, joining his sons in backing a new exchange platform called World Liberty Financial.

Trump is not a shareholder or board member of the start-up, but will receive compensation for the platform using his name.

“It’s still not clear how it works or what it’s doing,” Libowitz said. “But cryptocurrency is notorious for its ability to funnel money anonymously, particularly from overseas.”

CREW is considering filing suit against Trump — as it did during his first administration — arguing that the president is receiving payments from foreign clients in violation of the US Constitution.

The group’s previous suit eventually made its way to the Supreme Court, but it was dismissed because Trump had already left the White House.

“I think it’ll be a much more transactional presidency, because there are no obstacles,” Hass said of Trump’s second term.

“Trump, if nothing else, understands how to monetize his name and his fame.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AFP

International News

Appeal Court Cuts Simon Ekpa’s Jail Term From 6 To 4 Years

Published

on

Spread the love

 

A Finnish appeal court has reduced the prison sentence of Biafran separatist leader, Simon Ekpa, from six to four years.

 

Finnish newspaper Yle disclosed this in a report on Thursday.

However, the Court of Appeal upheld the decision of the Päijät-Häme District Court, which found Ekpa guilty of terrorism-related charges last year.

The charges were related to Ekpa’s alleged activities aimed at re-establishing an independent state of Biafra in southeastern Nigeria.

Ekpa subsequently appealed the ruling, seeking to have his conviction and sentence overturned.

In a ruling that offered some relief to Ekpa, the Court of Appeal found him guilty of the same offences but reduced his prison term after considering the circumstances surrounding his actions. The court noted that the situation in the Biafran region closely resembled, but did not meet the definition of, a civil war.

Ekpa had told the court that his involvement was not motivated by terrorist intent, citing the political turmoil in the Biafran region.

The prosecutor in the case had also appealed the district court’s decision, arguing that the prison sentence did not reflect the seriousness of Ekpa’s offences.

Continue Reading

International News

UNHCR: Nigeria Hosts Over 142,000 Refugees, Seeks More Foreign Support

Published

on

Spread the love

 

 

The Federal Government has called for stronger international responsibility sharing and innovative arrangement to address the growing humanitarian needs of over 142,000 refugees and asylum seekers from 42 countries.

 

The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, made the call while delivering Nigeria’s national statement at the 77th Session of the Executive Committee of the United Nations High Commissioner for Refugees (UNHCR), currently holding at the Palais des Nations in Geneva.

In a statement by his Senior Technical Adviser on Information Systems and Data Analysis, Dr. Abimbola Fasanu, the Minister disclosed that as of September 2026, Nigeria had received over 24,000 returnees and was managing a population of more than 6.7 million internally displaced persons (IDPs).

Doro reaffirmed Nigeria’s commitment to international refugee protection obligations, noting that the country continues to maintain an asylum system under the National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI) Act of 2022.

He stated that no case of refoulement had been recorded in Nigeria in 2026, reaffirming the country’s commitment to protecting people fleeing persecution from being returned to situations where their lives or freedom could be threatened.

Highlighting progress on durable solutions, the Minister disclosed that over 7,000 Nigerian refugees had voluntarily returned from neighbouring countries this year under Tripartite Agreements, while another 14,000 in Cameroon had registered their intention to return. An agreement covering the return of 2,000 Nigerians from Niger is also being finalised.

He acknowledged the continued hospitality of Cameroon, Chad and Niger in providing refuge to displaced Nigerians.

According to the Minister, improved security conditions in parts of the country are creating opportunities for voluntary return, while Resettlement Cities established in seven locations are supporting the phased closure of displacement camps in conditions of safety and dignity.

Beyond return and resettlement, Dr. Doro outlined measures aimed at promoting self-reliance and reducing prolonged dependence on humanitarian assistance.

He explained that refugees in five states are benefiting from access to land, agricultural inputs and skills training, while the newly established Public-Private Partnership Department of the NCFRMI is supporting efforts to expand livelihood opportunities.

The Minister also cited the successful local integration of former Liberian and Sierra Leonean refugees, some of whom have established businesses and become economically active members of their host communities.

On access to essential services, he disclosed that displaced persons and host communities are being enrolled in Nigeria’s national identity system to facilitate access to banking, education and social services.

He added that refugees are being incorporated into state action plans and social registers, while ten mobile documentation buses are expected to extend identity services to underserved and remote communities.

Doro further highlighted the development of a Digital Gateway in collaboration with UNHCR to provide refugees with secure online access to information.

Addressing the growing pressure on humanitarian financing, the Minister urged the international community to strengthen support for refugee-hosting countries through expanded resettlement opportunities, complementary pathways and greater responsibility-sharing.

He specifically called on UNHCR to explore partnerships with regional and subregional financial institutions, including the African Development Bank and the ECOWAS Bank for Investment and Development, as a means of mobilising additional resources for refugee protection and durable solutions.

The Minister emphasised that the responsibility for addressing displacement could not rest on host countries alone, particularly at a time of increasing humanitarian needs and declining international resources.

Continue Reading

International News

Child Soldiers: US List Nigeria Among Erring Countries, Threaten Sanctions

Published

on

Spread the love

 

The United States has listed Nigeria among 14 countries identified for recruiting or using child soldiers, warning that the designation could trigger restrictions on certain forms of military assistance.

The listing is contained in the 2026 Trafficking in Persons (TIP) Report, which covers the period from April 1, 2025, to March 31, 2026.

According to the report, restrictions under the Child Soldiers Prevention Act (CSPA) could affect international military education and training, foreign military financing, excess defence articles, peacekeeping operations and licences for direct commercial sales of military equipment, unless a presidential waiver is granted.

Nigeria was listed alongside Afghanistan, Burma, the Central African Republic, the Democratic Republic of the Congo, Ethiopia, Iran, Russia, Rwanda, Somalia, South Sudan, Sudan, Venezuela and Yemen.

The report also retained Nigeria on Tier 2 for human trafficking, a category for countries whose governments do not fully meet the minimum standards for eliminating trafficking but are making significant efforts to comply.

However, the US raised concerns about corruption and alleged official complicity in human trafficking crimes.

“The government did not report any investigations, prosecutions, or convictions of government employees allegedly complicit in trafficking crimes or provide details or other actions taken against complicit officials from previous years,” the report stated.

The report also faulted Nigeria’s efforts to protect trafficking victims, stating that 675 victims received assistance in 2025, compared with 2,058 in the previous year.

It said support services, particularly for male victims, remained limited, with only one dedicated non-governmental organisation shelter for adult male victims operating during the reporting period.

The report further stated that shelters operated by the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) restricted residents’ freedom of movement, while access to certain protection services depended on victims cooperating with law enforcement proceedings.

Despite these concerns, the report acknowledged increased government efforts in investigating, prosecuting and securing convictions in human trafficking cases compared with the previous reporting period.

Continue Reading

Trending

Copyright © 2026 TheColumn NG