Connect with us

International

Venezuelan Interim President Delcy Rodríguez Softens Tone, Invites US To ‘Work Together’ After Maduro’s Capture

Published

on

Venezuelan Interim President Delcy Rodríguez

Venezuelan Interim President Delcy Rodríguez Softens Tone, Invites US To ‘Work Together’ After Maduro’s Capture

Venezuelan interim president Delcy Rodríguez softens tone, onvites US to ‘work together’ after Maduro’s capture. Venezuela’s interim president, Delcy Rodríguez, has struck a conciliatory tone towards the United States, expressing readiness to cooperate on the country’s future following the dramatic US military operation that led to the capture of President Nicolás Maduro.

In a statement on Telegram late Sunday, Rodríguez said she was willing to pursue “a balanced and respectful relationship” with Washington.

“We consider it a priority to move towards a balanced and respectful relationship between the U.S. and Venezuela,” Rodríguez wrote.
“We extend an invitation to the U.S. government to work together on an agenda for cooperation that is aimed towards shared development.”

The remarks marked a sharp contrast to Rodríguez’s televised address just a day earlier, when she denounced the US operation that saw Maduro and his wife, Cilia Flores, detained by US special forces in what analysts have called the most high-risk American mission since the 2011 killing of Osama bin Laden in Pakistan.

“It was an atrocity that violates international law,” Rodríguez declared in her address, insisting that “the only president of Venezuela [is] President Nicolás Maduro.”

Rodríguez, who served as vice president since 2018, was appointed interim leader on Saturday by Venezuela’s Supreme Court to ensure “administrative continuity” after Maduro’s abduction.

Her initial condemnation appeared to put her at odds with US President Donald Trump, who had claimed that Washington was in contact with Rodríguez and that she was open to cooperation.

After Rodríguez called his administration a group of “extremists,” Trump fired back, shifting from calling her “gracious” to issuing a stark warning.

“If she doesn’t do what’s right, she is going to pay a very big price, probably bigger than Maduro,” Trump told The Atlantic in an interview early Sunday.

The US President also hinted at possible further action, saying he would not rule out “boots on the ground” in Venezuela and that Washington was now “in charge.”

Venezuelan Interim President Delcy Rodríguez

Venezuelan Interim President Delcy Rodríguez

Despite her new conciliatory tone, Rodríguez said she had launched a commission to secure Maduro and Flores’s release from US detention.
“The commission will work to ensure their immediate and safe return,” she announced, naming Foreign Minister Yván Gil and her brother, Jorge Rodríguez, president of the National Assembly, as co-chairs.

Maduro is due to appear before a federal court in New York on Monday, where he faces charges, including narcoterrorism conspiracy, cocaine importation conspiracy, and possession of machineguns and destructive devices.

US officials have framed the operation as a law enforcement measure tied to the 2020 indictment, though Trump has admitted other motivations, citing Venezuelan immigration and the nationalisation of US oil interests decades ago.

International

UK Court Sentences Fred Akinsanya, Daniel Raji To 21 Years In Prison For Drugging, Raping 15-Year-Old Girl

Published

on

By

Breaking News

UK Court Sentences Fred Akinsanya, Daniel Raji To 21 Years In Prison For Drugging, Raping 15-Year-Old Girl

UK Court sentences Fred Akinsanya, Daniel Raji to 21 years in prison for drugging, raping 15-year-old girl. The duo bought their victim drinks at the Irish pub Paddy’s Yard in Brixton, south London, on February 8, 2025.

Inner London Crown Court, on Thursday, heard that the duo of Messrs Akinsanya and Raji bought their victim drinks at the Irish pub Paddy’s Yard in Brixton, south London, on February 8, 2025.

Afterwards, they invited their victim and some of her friends back to Mr Raji’s flat to smoke cannabis and dance. While her friends could not persuade her to leave with them, she was raped and filmed.

Sentencing Messrs Akinsanya and Raji, Judge Richards condemned them for drugging and raping their victim, lamenting the effect of their nefarious act on the 15-year-old victim.

“The fact that you two abused her one after the other clearly aggravates the matter. The victim was harmed for a long time,” Mr Richards said. “Alcohol was used to render her vulnerable, the effect of the alcohol was exploited by both of you. Whilst incapable, she was raped by both of you.”

Breaking News

Breaking News

The judge said the victim “lost her self-confidence. She can no longer go out. She will live with this for the rest of her life.”

While Mr Akinsanya, 34, was sentenced to 10 years for rape, Mr Raji, 29, was sentenced to 11 years upon being convicted of two counts of rape and taking an indecent image of a child.

Continue Reading

International

Nigeria, Ireland Sets To Deepen Bilateral, Economic Ties

Published

on

By

Ireland

Nigeria, Ireland Sets To Deepen Bilateral, Economic Ties

Nigeria, Ireland sets to deepen bilateral, economic ties. Mr Chambers revealed that the engagement would foster collaboration and explore investment opportunities.

They said this during Ireland’s Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, Jack Chambers’, visit to the Lagos Chamber of Commerce and Industry (LCCI).

The aim of the visit was to strengthen economic and trade relations between Nigeria and Ireland and to foster dialogue on infrastructure development, digital transformation, public-sector reform, and investment opportunities.

Mr Chambers stated that his visit to Nigeria was to deepen bilateral trade and investment relations between the two countries.

Mr Chambers revealed that the engagement would foster collaboration and explore investment opportunities across key sectors of the Nigerian economy.

He identified priority areas of interest to include technology, infrastructure development, agriculture, and healthcare, stressing that Nigeria’s large market and growing economy present significant opportunities for Irish businesses.

According to him, Lagos, as Nigeria’s commercial hub and a key economic centre in West Africa, remains an attractive destination for investment and strategic partnerships.

“The roundtable is designed to bring together key stakeholders to discuss opportunities and challenges in Nigeria’s critical sectors and Ireland’s potential role in supporting development, and ways to enhance bilateral trade and investment,” he said.

Mr Chambers added that his visit, the first to Nigeria, also featured the opening of Ireland’s new embassy building in Abuja.

This, he described as the country’s largest capital investment on the African continent and a demonstration of its commitment to Nigeria and the wider region.

The minister said Ireland, though a small country, had developed globally competitive industry hubs in areas such as technology, finance, infrastructure, and agri-food, which could serve as a foundation for deeper collaboration.

He emphasised that partnerships between Ireland and Nigeria would be mutually beneficial, noting that Ireland also offers access to the European Union market of over 450 million consumers.

“The partnerships we seek are two-way and mutually beneficial, based on shared expertise, local knowledge, and long-term commitment,” he said.

The Governor of Lagos State, Babajide Sanwo-Olu, said the minister’s presence was a clear symbol of the deepening friendship and shared aspirations uniting both nations.

Mr Sanwo-Olu, represented by Bimbola Salu-Hundeyin, the Secretary to the State Government, said his administration was committed to nurturing a friendship grounded in shared values, mutual respect, and purposeful collaboration across several sectors.

They include education, governance, healthcare, infrastructure, technology, and economic development, reflecting a commitment to progress, innovation, and prosperity.

The governor revealed that the current Lagos administration was transforming into a more efficient, responsive, and forward-looking government.

“From landmark transport projects like the Lagos Rail Mass Transit and the Blue Line, to the expansion of our road networks, waterways, and improvements in healthcare services, we are committed to making daily life easier, safer, and more productive for our residents,” he said.

He added that Lagos was modernising governance, strengthening its public service, enhancing accountability, and ensuring citizens can access services seamlessly.

Mr Sanwo-Olu said the state’s digital transformation agenda simplified processes, reduced delays, and built a transparent, citizen-focused system.

“We welcome innovative ideas, partnerships, and opportunities that can improve the lives of our people.

“Lagos is a city of opportunity, collaboration, and shared progress.

“We are particularly delighted by the opportunities to deepen our engagement with Ireland, and we believe there is much we can learn from each other, and even more that we can achieve together,” he said.

The president of LCCI, Leye Kupoluyi, said the Nigeria-Ireland roundtable had gone beyond diplomatic engagement to reflect a convergence of shared economic priorities between the two countries.

Ireland

Nigeria, Ireland

Mr Kupoluyi said the discussions focused on key areas critical to economic transformation, including infrastructure development, efficient public expenditure, digitalisation, and institutional reforms needed to build resilient economies.

He noted that Nigeria and the United Kingdom had recently signed various agreements, including a £746 million deal to redevelop Lagos ports, the expansion of business visas, and other foreign direct investments.

He added that the visit reinforced a critical point: that the future of economic prosperity is increasingly collaborative.

“Nigeria, as Africa’s largest economy, presents vast opportunities across infrastructure development, digital innovation, agribusiness, and industrialisation.

“Ireland, with its strong track record in public sector reform, technology, and investment facilitation, offers valuable lessons and potential for partnership.

“We trust that this engagement marks not an endpoint but the beginning of a deeper, more structured partnership between our two economies,” he said.

Continue Reading

Economy

UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa

Published

on

By

UBA Grows Profit

UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa

United Bank for Africa (UK) Limited (“UBA UK”) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, announced that they have signed a letter of intent to develop trade finance collaboration opportunities.

The proposed initiative aims to expand access to trade and working capital facilities for businesses operating across Africa.

Access to trade finance remains one of the most significant structural constraints on African trade. Businesses, particularly small and medium-sized enterprises, are frequently unable to secure letters of credit, guarantees, and supply chain finance on commercially viable terms, limiting their capacity to export and import competitively. This trade finance gap is estimated by the African Development Bank to be over USD 80 billion annually.

To help close this gap, UBA UK, the London subsidiary of UBA Group, Africa’s Global Bank, will leverage its deep relationships across the Group’s 20-country African network to originate and structure trade finance transactions. While BII, with a mandate to support productive, sustainable, and inclusive growth across Africa, can support transactions that might otherwise fall outside conventional commercial appetite.

“The signing of this letter with BII represents a landmark moment for UBA UK and for the UBA Group’s global ambitions. As the Group’s hub for Trade Operations, UBA UK is uniquely positioned to connect African businesses with the international financial system. Working alongside BII, we can extend that capability further — mobilising capital where it matters most and helping to close the trade finance gap that holds back so much African potential,” said Lok Mishra, Chief Executive Officer, UBA UK

“British International Investment is committed to catalysing private sector growth across Africa, and trade finance is a critical enabler of that growth. We welcome the opportunity to collaborate with UBA Group, whose pan-African network and deep institutional relationships can help advance our ambition to expand access to trade and working capital finance, particularly in frontier markets,” Chris Chijiuitomi, Managing Director and Head of Africa

The announcement builds on growing momentum around intra-African trade facilitated by the African Continental Free Trade Area (AfCFTA), which entered into force in 2021 and represents one of the world’s most significant trade integration initiatives. Both institutions have identified the operationalisation of AfCFTA as a priority catalyst for a trade finance facility, with UBA UK’s network across major AfCFTA economies offering a basis for supporting businesses navigating the emerging continental market.

This also complements the UK Government’s broader engagement with African economic development, including commitments made at the UK-Africa Investment Summit, and reinforces the City of London’s role as a leading international finance centre for Africa-focused capital mobilisation.

Future cooperation remains subject to further assessment, due diligence and the completion of internal approvals by both parties.

ABOUT UNITED BANK FOR AFRICA (UK) LIMITED

UBA UK is the London-based subsidiary of United Bank for Africa Plc, one of Africa’s leading financial institutions with operations across 20 African countries, the United Kingdom, the United States of America, France, and the United Arab Emirates. UBA UK serves as the Group’s hub for Trade Operations, providing a comprehensive suite of trade finance, treasury, and correspondent banking services to institutional and corporate clients worldwide.

UBA Grows Profit

UBA

ABOUT UNITED BANK FOR AFRICA GROUP

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.

ABOUT BRITISH INTERNATIONAL INVESTMENT

British International Investment is the UK’s development finance institution and impact investor. The organisation invests in businesses in developing countries to improve people’s lives and help protect the planet. BII’s work targets the underlying causes of poverty and the climate crisis, helping countries break free from aid dependency for good.

Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development.

The company has investments in over 1,600 businesses across 66 countries and total net assets of £9.87 billion. For more information, visit: www.bii.co.uk | watch here. Follow British International Investment on LinkedIn, Bluesky and X.

Continue Reading

Trending