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Again, Iran Threatens To Close Strait Of Hormuz If The U.S. Blockade Continues

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Tehran threatened on Saturday to shut the Strait of Hormuz once more if the United States continues its blockade of Iranian ports, hours after Iran announced it had reopened the strategic waterway in the wake of a ceasefire in Lebanon. The potential for the resumption of transit had lifted stock markets on Friday and prompted optimism from Washington, with President Donald Trump telling the newsmen a broader US-Iran peace deal was “very close” and saying Tehran had agreed to hand over its enriched uranium — a key sticking point in negotiations. “We’re going to get it by going in with Iran, with lots of excavators,” Trump said at an event in Arizona. Iran, however, pushed back on the claim, saying its stockpile of enriched uranium was not going anywhere. It also warned that if the U.S. warships intercepted vessels coming from Iranian ports, the Strait of Hormuz — a key global trade artery through which about a fifth of global crude oil and liquefied natural gas typically passes — could ...
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Trump Says The U.S. Blockade Of Iranian Ports Will Continue If No Deal Reached

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  The United States President, Donald Trump said late Friday he planned to maintain a U.S. blockade of Iranian ports if a peace deal with Tehran is not reached, adding that he may not extend the ceasefire after its expiration. Iran reopened the Strait of Hormuz on Friday in the wake of a ceasefire deal between Israel and Lebanon, though Tehran threatened to close the vital waterway once again if the U.S. blockade continues. A ceasefire between Tehran and Washington is due to expire on Wednesday. “Maybe I won’t extend it, but the blockade is going to remain,” Trump told reporters aboard Air Force One, when asked if the ceasefire will be extended. Asked about a potential deal, Trump said, “I think it’s going to happen.” Ads by  Key differences remain between the demands from the United States and Iran, which earlier failed to reach agreement in talks in Pakistan. Trump told reporters there were “not going to be tolls” imposed by Iran on ships passing through the Strait of H...
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FCCPC Denies Banning Borrowing Of Airtime And Data Advance Services, Blames Service Providers

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  The  Federal Competition and Consumer Protection Commission (FCCPC), has dismissed widespread claims that it banned airtime borrowing and data advance services in Nigeria, describing the reports as false, misleading, and driven by vested interests resisting regulatory reforms. The clarification follows a wave of public concern triggered by viral social media posts and some media reports suggesting that the Commission had shut down telecom-based credit services widely used by millions of Nigerians. In separate notices, Airtel and MTN Nigeria announced the temporary suspension of their airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge. In a statement issued on Friday by its Director of Corporate Affairs, Ondaje Ijagwu, the commission said no such directive was issued, stressing that consumers remain free to access lawful telecom value-added services. “ The attention of the Federal Co...
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Court Stops FCCPC From Enforcing Digital Lending Rules On Telecommunication Companies

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  Justice Ambrose Lewis-Allagoa of the Federal High Court sitting in Lagos, has restrained the Federal Competition and Consumer Protection Commission (FCCPC), from the enforcement and or implementation of the Digital, Electronic, Online or Non Traditional Consumer Lending Regulations 2025 (‘The Deon Consumer Lending Regulations”) Plaintiff in the matter, Wireless Application Service Providers Association Of Nigeria (WASPAN), LTD/GTE, approached court to secure an order stopping the directive by the FCCPC to telecommunication companies to stop giving loans to subscribers in form of airtime and data. The association, through its lawyer, Mr Kemi Pinheiro (SAN), had sought an order of the court restraining the Defendant (FCCPC) whether by itself, officers, employees, agents or such other persons howsoever named from enforcing, implementing and or otherwise giving effect to the enforcement and or implementation of the Digital, Electronic, Online or Non Traditional Consumer Lending Regul...
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Iran Reopens Strait Of Hormuz For Oil Tankers Amid Ceasefire

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  Iran has announced the reopening of the Strait of Hormuz to commercial oil tankers, easing global concerns over energy supply disruptions following heightened tensions in the Middle East. Iran’s Foreign Minister, Abbas Araghchi, disclosed on Friday, April 17, 2026, that the strategic waterway will remain accessible to commercial vessels for the duration of an ongoing ceasefire. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Araghchi wrote on X. However, it remained unclear whether the minister was referring to the recently agreed 10-day truce between Lebanon and Israel, which took effect at midnight, or an earlier two-week ceasefire between Iran and the United States that began on April 8. The reopening followed a period of disruption after Iran effectively blocked access to the Strait, a critical route for global oil shipments. Iranian state media reported that Tehran had tied the reopening of ...
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Return Of Arinzo Stays On Top, Extends Box Office Dominance

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Nollywood  actress, Iyabo Ojo’s most recent movie, “The Return of Arinzo,” is still making box-office headlines as it continues to dominate, earning ₦224 million. The movie is reported to have reached the number one spot for two consecutive weeks, indicating massive audience turnout and interest across platforms. The movie, which was named the highest-grossing Easter weekend release at the Nigerian box office, earned ₦104.8 million in its debut and has now recorded ₦224 million at the West African Box Office. The film’s distributors, FilmOne Entertainment, thanked fans on Instagram for their support. “With ₦224 million and counting, The Return of Arinzo is not just winning; it’s making history as the number one film for two consecutive weekends. “Thank you, West Africa, for showing up and showing out. Your love is taking this film higher and higher,” they posted. The movie follows a rising actor who returns home with his fiancée to support his father’s presidential campaign. Howeve...
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Airtel Suspends Airtime, Data Credit Services Over New Lending Rules

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  Airtel Nigeria has announced the suspension of its airtime and data credit services, a move the telecommunications company says is part of efforts to align its operations with evolving regulatory and compliance requirements. The affected services, widely used by prepaid subscribers, allowed eligible customers to borrow airtime or mobile data and repay on their next recharge, providing short-term access during low-balance situations. According to the statement released today in Lagos by the Director, Corporate Communications and CSR at Airtel Nigeria, Femi Adeniran. Airtel Nigeria clarified that the suspension would not disrupt core services, assuring subscribers of continued seamless access to airtime and data purchases through its existing channels, including recharge cards, digital platforms, and mobile banking applications. The company noted that the decision is not expected to have any material impact on its overall service delivery nationwide. Commenting on the development, ...
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