Bond TV

🎉 Love in the Air! 💍
Afrobeats superstar Davido has just confirmed that he and his queen Chioma are having their white wedding this August in Miami! 🇺🇸✨
In an interview with The Breakfast Club, Davido shared:
🗣️ “I’m doing my white wedding in Miami in August. Our traditional marriage shut down Nigeria... a lot has happened, especially after losing our child.”
Their lavish traditional wedding in June 2024 was one for the books 💫 — and now, fans can expect another star-studded celebration filled with love, strength, and global vibes. 🌍❤️
Davido praised Chioma’s loyalty and grace through it all. “She never chased clout,” he said. 🥹👑
We’re counting down to August! 🗓️💐

WTO Cautions Against U.S. Tariffs, Warns of Global Trade Decline

Abonima Media Blog – April 5, 2025

The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has issued a stern warning that recent tariff hikes by the United States could significantly hinder global trade and economic growth.

This follows an announcement on April 2 by U.S. President Donald Trump of sweeping tariffs on all imports, including a 14% levy on Nigerian goods. The move has sparked concerns across the international trade community.

In a statement released on Thursday, Dr. Okonjo-Iweala revealed that the WTO is actively monitoring the developments and is in dialogue with member nations over the possible economic fallout. She stressed that numerous WTO members have voiced their concerns, prompting the organization to take steps to address the issue.

“These new tariffs, alongside other trade restrictions introduced earlier this year, could lead to a 1% decline in global merchandise trade volumes — a sharp drop from our earlier projections, which anticipated stronger growth,” Okonjo-Iweala explained.

She further warned of the risks of escalating trade tensions, which could trigger retaliatory measures from affected countries and deepen the downturn in global commerce.

Despite the setbacks, she noted that the bulk of international trade still functions under the WTO’s Most-Favored-Nation (MFN) terms. However, that share has fallen from 80% at the beginning of the year to 74% due to the recent protectionist measures.

“It is crucial that WTO members come together and act responsibly to prevent this situation from spiraling into a full-blown trade conflict,” she urged.

Dr. Okonjo-Iweala reiterated the WTO’s role as a neutral platform for dialogue, aimed at preventing disputes and promoting a stable and open global trading environment.

“As global economic uncertainties grow, the WTO remains committed to upholding the rules-based system and supporting cooperation among nations. We were built for times like these,” she concluded.

Stay tuned to Abonima Media Blog for updates on this developing story and other global economic news.