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Trump Grants TikTok An Additional 75 Days To Secure A Buyer
US President Donald Trump announced on Friday that TikTok has been granted an extension of 75 days to find a non-Chinese buyer or risk a ban in the United States. This extension comes as the deadline was set to expire shortly.....KINDLY READ THE FULL STORY HERE▶
In a post on Truth Social, Trump stated, “My administration has been working diligently on a deal to save TikTok, and we have made significant progress.” He explained that “a transaction requires more work to ensure all necessary approvals are signed, which is why I am issuing an Executive Order to keep TikTok operational for an additional 75 days.”
The immensely popular video-sharing platform, which boasts over 170 million users in the US, faces the threat of a ban due to a US law enacted last year that mandates TikTok’s separation from its Chinese parent company, ByteDance, or face shutdown in the country.
Trump has maintained that his administration is close to finalizing a deal to secure a buyer for TikTok to prevent it from going offline, although he has not provided extensive details.
The push for a ban is driven by national security concerns, with skepticism in Washington regarding TikTok’s ties to the Chinese government. The initial ban was set to take effect on January 19, just one day before Trump’s inauguration.
In response to the impending deadline, TikTok briefly ceased operations in the US, disappearing from app stores and leaving millions of users frustrated. However, Trump promptly declared a 75-day delay, and TikTok restored services, returning to both Apple and Google app stores in February.
The newly announced deadline extends to June 19. Trump has consistently minimized the risks faced by TikTok, expressing confidence in finding a buyer for its US operations.
On Friday, he indicated that he would “continue working in good faith with China,” as the Chinese government would need to approve any transaction.
Additionally, Trump hinted that a potential deal could be part of a broader arrangement with China to alleviate the tariffs he imposed on Chinese goods.
Trump said, “We do not want TikTok to ‘go dark.’ We look forward to collaborating with TikTok and China to finalize the deal.”
Reports indicate that the proposed solution would allow existing US investors in ByteDance to transition their stakes into a new independent global TikTok entity, with additional US investors, including Oracle and Blackstone, coming on board to reduce ByteDance’s share in the company.
Much of TikTok’s US operations are already supported by Oracle’s servers, and its chairman, Larry Ellison, has long been an ally of Trump. ABC News reported that Walmart is also involved in discussions.
When Trump first sought to divest TikTok from its Chinese owners, Walmart and Oracle were previously rumored to be interested in acquiring shares.
While Trump initially supported a ban or divestment during his first term, he has recently emerged as a defender of TikTok, perceiving it as a factor that could attract younger voters in the upcoming elections.
Concerns remain regarding TikTok’s algorithms, as experts indicate that the platform without its algorithm would be considerably less powerful. The New York Times suggested that the new company might license the algorithm from ByteDance, but this could conflict with the law’s intent, which suggests it could be misused against US interests.
Additionally, Amazon has reportedly made a last-minute bid to acquire TikTok. Other proposals include a campaign called “The People’s Bid for TikTok,” initiated by Frank McCourt’s Project Liberty initiative, as well as interest from AI startup Perplexity, a joint venture featuring YouTube star MrBeast, and Even a bid from adults-only site OnlyFans.
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“Kano Will Fall!” – NDC Candidate Declares Total War On APC Ahead Of 2027.
Aminu Abdulsalam Gwarzo, the Nigerian Democratic Congress (NDC) governorship candidate for Kano State, has declared his firm belief that his party will defeat the incumbent administration in the 2027 elections. During a recent event to affirm his candidacy, the former deputy governor emphasized the unity between the NDC and the Kwankwasiyya movement, asserting their shared determination to lead Kano State in a new direction.....KINDLY READ THE FULL STORY HERE▶
Gwarzo reaffirmed the movement’s unwavering commitment to the ideals of its leader, Rabiu Musa Kwankwaso, stating, “We are the followers of Kwankwaso. We are here, and we continue to pray day and night. By the will of Allah, this government will be defeated in a single stroke.” He pointed to the palpable enthusiasm within the movement as clear evidence that democratic change is well within reach.
Looking toward the upcoming election, Gwarzo outlined a strategy centered on robust grassroots mobilization and consistent engagement with the electorate. He also encouraged his supporters to maintain peace and adhere to the law as the political climate heats up. Finally, he called on the people of Kano to critically evaluate the performance of their political leaders to ensure they are prepared to make informed choices at the ballot box.
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“Relief At Last!” – Dangote Refinery Slashes Petrol Price To ₦1,250 Per Litre.
The Dangote Petroleum Refinery has adjusted its gantry price for Premium Motor Spirit (petrol), lowering it from ₦1,275 to ₦1,250 per litre, marking a two per cent reduction. This price shift is attributed to a decline in international crude oil prices, which serve as the refinery’s primary feedstock. An official from the refinery noted that such adjustments are expected in a deregulated market and emphasized that the company will continue to calibrate prices based on evolving market conditions. Despite this move, current retail prices at many filling stations across Nigeria remain above ₦1,350 per litre, with costs varying by location and marketer.Beyond pricing, the refinery has been credited as a key driver of Nigeria’s improving economic outlook. S&P Global Ratings recently upgraded the country’s long-term foreign- and local-currency sovereign credit ratings from “B-” to “B,” citing factors such as stronger economic growth, increased oil production, and improved external balances. S&P specifically highlighted the operational ramp-up of the Dangote refinery’s 650,000-barrel-per-day facility as a significant contributor to the nation’s enhanced balance-of-payments position and overall economic resilience.....KINDLY READ THE FULL STORY HERE▶
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Political Grudge Match: Ganduje Mocks Kwankwaso, Declares Him His Former “Political Boy”!.
A political war of words has erupted between former APC National Chairman Abdullahi Umar Ganduje and former presidential candidate Rabiu Musa Kwankwaso. The friction began when Kwankwaso, speaking at his Kano residence, insisted that prominent politicians—including Ganduje—owe their political rise to his mentorship and cannot deny their past loyalty to him. Ganduje, currently performing the Hajj pilgrimage in Saudi Arabia, responded through his chief of staff, Muhammad Garba, by asserting that Kwankwaso was actually his own protégé. Ganduje highlighted his role in Kwankwaso’s early career, including his support during Kwankwaso’s rise to the House of Representatives and his decision to step down as a gubernatorial candidate in 1998 to serve as Kwankwaso’s deputy. Ultimately, Ganduje advocated for moving away from “godfather” labels to focus on effective leadership and peace in Kano.....KINDLY READ THE FULL STORY HERE▶
Option 2: Concise Summary
Following Rabiu Musa Kwankwaso’s claims that top Kano politicians were once his “political boys,” Abdullahi Umar Ganduje has fired back, asserting he was actually the mentor in their relationship. While Kwankwaso insisted that his former allies owe their success to his political structure, Ganduje countered by citing his own past support for Kwankwaso’s career, including his sacrifice during the 1998 Kano governorship race. Furthermore, Ganduje requested respect for the office of current Governor Abba Kabir Yusuf and urged Kano’s political class to prioritize unity over divisive rhetoric regarding past hierarchies.
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