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    Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre

    EFCC Urges OPay to Strengthen Compliance and Prevent Financial Fraud

    Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre

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              Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre

              EFCC Urges OPay to Strengthen Compliance and Prevent Financial Fraud

              Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre

              Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre

              FCCPC Seals Ikeja Electric Headquarters in Alausa

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              CBN Sanctions Nine Banks with N1.35bn Fine Over ATM Cash Shortages

              Nigeria’s External Reserves Surge Past $45 Billion — Highest Level in Six Years

              Aliko Dangote Highlights Government Revenue from Dangote Cement at Taraba Investment Summit

              ECOWAS Appoints Aliko Dangote as First-Ever Chairman of New Business Council

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              Trending Tags

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                Meet Nigeria’s Biggest YouTube Stars of 2025!

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                    Multichoice Announces Price Hike for DStv and GOtv Subscriptions Effective March 2025

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                      DSS Sues Sowore, X, and Meta Over Posts on President Tinubu

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                      Meta, WhatsApp Fined $220M by Nigerian Tribunal Over Data Breach

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                      Nigeria Debt reduces with IMF still public debt remains high.

                      Lagos State Advances Tenant Protections with Monthly Rent Policy and Digital Payment Platform

                      Lagos State Advances Tenant Protections with Monthly Rent Policy and Digital Payment Platform

                      FG Commissions 400kW Solar Plant at Yobe Hospital

                      FG Commissions 400kW Solar Plant at Yobe Hospital

                      SEC Delays New Crypto Licences, Citing More Due Diligence

                      SEC Delays New Crypto Licences, Citing More Due Diligence

                      FG Unveils Plan to Boost Digital Service Provider Expansion Across Africa

                      FG Unveils Plan to Boost Digital Service Provider Expansion Across Africa

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                      Trump Extends TikTok Deadline by 75 Days

                      Ojelade Oluwamayowa by Ojelade Oluwamayowa
                      8 months ago
                      in Business
                      Trump Extends TikTok Deadline by 75 Days

                      #image_title

                      President Donald Trump announced today that his administration will extend the deadline for Chinese tech giant ByteDance to divest its U.S. operations of the popular video sharing app.

                      The extension, which grants an additional 75 days, is aimed at allowing more time to finalize a complex deal that would enable TikTok to continue operating within the United States while addressing national security concerns.

                      “My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” Trump said in a statement. “The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days.“

                      The president emphasized that while negotiations have been constructive, the extension is necessary to ensure all legal and regulatory requirements are met. He also highlighted broader economic issues, including the ongoing trade tensions with China, as part of the context for the deal.

                      “We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!),”Trump said. “This proves that Tariffs are the most powerful Economic tool, and very important to our National Security.

                      TikTok, which boasts over 100 million users in the U.S., has faced mounting pressure over allegations of potential data-sharing risks with the Chinese government. The Trump administration has maintained that unless the platform is brought under U.S. ownership, it poses a significant national security threat.

                      Despite the tension, Trump reassured users and stakeholders of his commitment to keeping the app available.

                      “We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal,” he concluded.

                      The announcement signals a temporary reprieve for ByteDance and its potential American partners, who have been racing against a government-imposed deadline to secure a divestment agreement that satisfies U.S. authorities.

                      As of now, it remains to be seen which U.S. company possibly Microsoft, Oracle, or others will ultimately take control of TikTok’s American operations. Negotiations are ongoing, with both governments and corporate entities closely involved.

                      This extension buys critical time, but the clock is still ticking on one of the most closely watched tech deals in recent history.

                      Ojelade Oluwamayowa
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                      • Ojelade Oluwamayowa
                        EFCC Urges OPay to Strengthen Compliance and Prevent Financial Fraud
                      • Ojelade Oluwamayowa
                        Nationwide Relief as Dangote Refinery Cuts Petrol Price to ₦699 per Litre
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                      • Ojelade Oluwamayowa
                        Nigeria’s External Reserves Surge Past $45 Billion — Highest Level in Six Years
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