Foreign
Alleged Genocide: Act With “Responsibility” And Strictly Within The Boundaries Of International Law- Russian Government
The Russian Government has said it is keeping a close watch on developments in Nigeria following a recent statement by United States President Donald Trump hinting at possible American military action in the country.
At a press briefing in Moscow on Friday, Foreign Ministry spokeswoman, Maria Zakharova, said Russia was monitoring the situation and urged all sides to avoid actions that violate global norms.
“We are closely monitoring this issue and call on all parties involved to strictly comply with international legal norms,” Zakharova said in response to a question from Anadolu News Agency.
Naija News reports that Zakharova’s comments come one week after Trump announced that he had instructed the Pentagon to draw up “options for possible military measures” against terrorist groups operating in Nigeria, claiming the move was intended to protect Christian communities.
In his November 1 post on Truth Social, Trump claimed that Christianity in Nigeria faced an “existential threat,” alleging that “thousands of Christians are being killed.”
“Radical Islamists are responsible for this mass slaughter. I am hereby designating Nigeria a ‘Country of Particular Concern,’” the U.S. President wrote.
Trump added that the United States “cannot stand by while such atrocities are happening,” insisting that his administration would be “ready, willing, and able to protect our great Christian population around the world.”
He also directed members of Congress, including Congressman Barry Moore, House Appropriations Committee Chairman Tom Cole and other Republican allies—to investigate the situation in Nigeria and report back to him.
Naija News reports that the Federal Government had swiftly dismissed Trump’s statements, stressing that Nigeria remains committed to protecting the rights and freedoms of all religious groups.
President Bola Tinubu insisted that Nigeria does not discriminate against any faith and rejected the CPC designation as misleading and politically motivated.
Officials noted that insecurity in the country affects citizens of all religions, and accused foreign commentators of pushing narratives that do not reflect the complex realities on the ground.
Russia’s statement is the latest in a string of global reactions following Trump’s controversial comments and reports that U.S. Africa Command (AFRICOM) was reviewing contingency plans in line with the directive.
Zakharova urged Washington and its allies to act with “responsibility” and strictly within the boundaries of international law, warning that erratic foreign interventions often worsen tensions rather than resolve them.
Foreign
Elon Musk’s Net Worth Surges To $1.3 Trillion As SpaceX Stock Rally Continues
Elon Musk’s wealth jumped by about $165 billion in one day as SpaceX stock surged after its historic stock market debut. SpaceX briefly crossed a $3 trillion valuation, making it one of the world’s most valuable companies and further cementing Musk’s position as the richest person on earth. The company also holds 18,712 bitcoin, while some analysts warn that SpaceX’s rapid rise in value may be difficult to sustain over the long term.
Elon Musk has added an astonishing $165 billion to his personal fortune in just one day, pushing his estimated net worth to around $1.3 trillion after SpaceX shares continued their explosive run on the stock market.
The sharp jump came as SpaceX stock gained nearly 20% during its second full trading session following its historic Nasdaq debut. The rally briefly pushed the company’s market valuation above $3 trillion, cementing its position among the world’s most valuable publicly traded companies.
SpaceX entered the public market under the ticker symbol SPCX after pricing its initial public offering (IPO) at $135 per share. The company raised approximately $75 billion, making it the largest IPO ever recorded. Investor demand was reportedly overwhelming, with orders exceeding $350 billion, nearly four times the amount of stock available.
By Monday’s close, SpaceX shares had climbed as high as $229.40, giving the aerospace and satellite internet giant a market capitalization of about $2.52 trillion. At one point during trading, the company’s value crossed the $3 trillion mark.
The rally has had a massive impact on Musk’s wealth because he remains the company’s largest shareholder. According to estimates, his one-day gain exceeded the entire net worth of Microsoft co-founder Bill Gates.
Investor and entrepreneur Anthony Pompliano highlighted the scale of the surge in a post on X, writing:
Foreign
JUST IN: 12 Dead as Aircraft Crashes Near Airport
At least 12 people have been killed in a plane crash in Missouri in the midwestern United States, according to authorities.
The crash on Sunday was near Butler Memorial Airport in Bates County, south of the state’s largest city, Kansas City.
“Troopers are on scene assisting the Butler Police Department & Bates County Sheriff’s Office of a Fatal Plane Crash near the Butler Memorial Airport,” the Missouri State Highway Patrol posted on X.
“At this time reports indicate all occupants (12 total) have perished,” it said.
Missouri Highway Patrol Sergeant Justin Ewing said the plane was taking people up to skydive.
Emergency responders received a call that a plane was down and engulfed in fire around 11:30 am local time (16:30 GMT) on Sunday, he said.
They were able to extinguish the fire shortly after the crash, he said, describing the scene as “brutal.”
“It landed in a field adjacent to the airport, but I think they’re shutting down the roadway just as a precaution,” Ewing said.
The identities of those killed were not immediately released.
Ewing said the National Transportation Safety Board (NTSB) was on scene investigating the crash.
The cause was not immediately available.
Foreign
Relief as Marketers Release Cheaper Petrol Prices Nationwide
The cost of importing petrol into Nigeria dropped sharply following the recent decline in global crude oil prices, creating fresh competition for local refiners, including the $20 billion Dangote Refinery.
New data released by the Major Energy Marketers Association of Nigeria (MEMAN) showed that the landing cost of imported Premium Motor Spirit (PMS), also known as petrol, had fallen to N1,117 per litre as of June 4, 2026.
The figure was significantly lower than Dangote Refinery’s gantry price of N1,250 per litre, leaving a difference of N133 per litre.
Meanwhile, Nigeria’s fuel market is facing renewed uncertainty after the Dangote Refinery reportedly reduced petrol production, prompting fuel marketers to increase imports of cheaper products amid concerns over supply stability.
The development comes at a sensitive period for global energy markets, with rising crude oil prices and geopolitical tensions already putting pressure on fuel costs worldwide.
According to industry monitor IIR Energy, the Dangote Refinery has reduced operating rates at its key gasoline-producing unit, the Residual Fluid Catalytic Cracking Unit (RFCCU), by about 34%.
The reduction is linked to technical issues affecting the unit, which plays a major role in converting heavy crude residues into valuable products such as petrol, diesel and cooking gas.
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