Global News Today, 13 November 2026: Trump Cools on Iran Deal, Nvidia CEO Quits, UK 10-Year Settlement
Last updated: 13 November 2026 · By Naijatipsland Editorial Team · Editorial policy
Morning roundup · Friday 13 November 2026 · By Ade Adeniyi, Founder and Editor
Good morning. Overnight, Washington cooled on talks with Iran and oil jumped, Europe won a seat at the next round of Ukraine peace talks, and the world’s most valuable chipmaker lost its founder as boss. We also cover the Microsoft outage that disrupted email in dozens of countries, Ghana’s 2027 budget, and what the UK’s new settlement rules mean for Nigerians living there.
Today at a glance
- Trump says the US no longer needs a deal with Iran; Brent crude climbs to about $96.
- US envoys say Europe will join the next Russia-Ukraine talks; Putin holds his line on territory.
- Nvidia’s Jensen Huang resigns as CEO; CFO Colette Kress takes over for now.
- Microsoft 365 outage hits Outlook and Teams users in 74 countries.
- Ghana’s 2027 budget: no new taxes and a plan to stop raw gold exports by end-2028.
- UK confirms 10 years as the new default wait for permanent settlement.
1. Trump drops the push for an Iran deal; oil rises
What happened
President Donald Trump posted on Thursday that the United States does not need a deal with Iran, saying Washington already holds Iranian money and control of the Strait of Hormuz. He told Vice President JD Vance to focus on domestic matters instead of reopening talks with Tehran, after reports that Vance had sounded out a senior Iranian security official. Brent crude settled about 3.4% higher near $95.9 a barrel, though it is still heading for a second weekly fall after November’s slide from a late-October peak. Iran’s chief negotiator, parliament speaker Mohammad Bagher Ghalibaf, has said Tehran is waiting for a US reply to its conditions, including an end to the naval blockade.
Why it matters to Nigerians
Higher crude prices help Nigeria’s oil earnings and foreign reserves, but they also push up the cost of imported fuel and the landing cost of petrol. A long stand-off keeps both effects in play.
Source: NBC News; Investing.com; BusinessWorld.
2. Europe to join next Ukraine peace round, but Moscow is cautious
What happened
US envoys Steve Witkoff and Jared Kushner met Vladimir Putin in Moscow on Thursday, then flew to Dublin to brief Volodymyr Zelensky. Both the envoys and Zelensky said European representatives would sit at the table in the next round of talks, expected next week. The Kremlin did not clearly confirm this; Putin’s aide Yuri Ushakov criticised Europe’s arms support for Ukraine, and Putin repeated that he would not drop demands over annexed territory and would treat any foreign peacekeepers as targets. EU leaders meet in Dublin today, partly to decide who will speak for Europe.
Why it matters to Nigerians
The war has shaped global wheat, fertiliser and fuel prices since 2022. Any real move towards peace could ease food import costs over time.
Source: BBC; Kuwait Times (AFP); Belfast Telegraph.
3. Nvidia’s Jensen Huang resigns
What happened
Nvidia said on Thursday that co-founder Jensen Huang had resigned as chief executive with immediate effect, after reports of extramarital affairs, including one with a woman US intelligence suspects of spying for China; Beijing denies the spying claim. Chief financial officer Colette Kress is interim CEO while the board looks at internal and external candidates. Former Synopsys chief Harvey Jones becomes the company’s first board chair, and Huang also leaves the board. Nvidia has not commented beyond its statement.
Why it matters to Nigerians
Nvidia makes the chips behind most AI services. Its shares sit in many global and pension funds, and turmoil there can ripple through tech stocks that Nigerians abroad, and those using US investment apps, hold.
Source: AP; Reuters via Fidelity; New York Times.
4. Microsoft outage knocks out Outlook and Teams worldwide
What happened
Microsoft 365 services, mainly Outlook email but also Teams and Copilot, were disrupted for more than 10 hours from Thursday afternoon UK time. Outage tracker Downdetector logged reports from 74 countries and territories, with US Outlook complaints peaking near 130,000. Microsoft blamed servers that became unavailable under heavy load, said it was not a cyber attack, and admitted some fixes had not worked as expected. Users in Asia-Pacific were still affected early on Friday.
Why it matters to Nigerians
Many Nigerian banks, firms and remote workers depend on Outlook and Teams. If your email is still patchy this morning, the problem may be on Microsoft’s side, not yours; check its service status before resetting passwords.
Source: AFP; Reuters via Euronext; DW.
5. Ghana’s 2027 budget: no new taxes, a $10bn production push
What happened
Finance Minister Cassiel Ato Forson presented Ghana’s 2027 budget on Thursday with no new taxes, revenue of GH¢323.4bn and spending of GH¢389.2bn, for a deficit of about 3.6% of GDP. He unveiled a four-year, $10bn “New Economy” programme covering farming, power, minerals, textiles, medicines and tech. Ghana plans to stop exporting raw small-scale gold by December 2028 and raw manganese and bauxite by 2030, backed by a 24-hour mineral processing zone in the Western Region and a new rail line.
Why it matters to Nigerians
Ghana is Nigeria’s closest trade and travel partner in West Africa. Its bet on local processing mirrors debates here about refining crude and processing solid minerals at home, and may draw investors who also look at Nigeria.
Source: Ghana News Agency; Citi Newsroom; MyJoyOnline.
6. UK settlement: 10 years becomes the default
What happened
The Home Office’s response to its “earned settlement” consultation, which drew more than 204,000 replies, confirms that the usual wait for indefinite leave to remain will rise from five to ten years. People earning at least £50,271 in three of the last five years, those with five years in eligible health or education jobs such as nurses and teachers, and partners or children of British citizens can still settle in five. Top earners on £125,141 or more could settle in three, while people who claimed public funds or broke immigration rules face up to 20 years. Applicants must pass English and Life in the UK requirements and owe no debts to the government. Rule changes are expected from December, with roll-out during 2027; until then the current routes apply.
Why it matters to Nigerians
Nigerians are among the largest groups on UK work and care visas. Many on lower salaries will now wait longer for settlement and citizenship, so check your route before making long-term plans.
Source: GOV.UK; Pryor Cashman; Atleras.
What to watch next
- Today: EU leaders meet in Dublin; African Union ministers meet in Accra on how to fund the AU.
- Date and venue of the next Russia-Ukraine round, and who represents Europe.
- Any Iranian response to Trump’s post, and oil’s weekly close.
- Nvidia’s search for a permanent CEO and its share price when US markets open.
- The UK Statement of Changes to Immigration Rules, expected from December.
Frequently asked questions
Does the UK’s 10-year rule apply to people already in the UK?
Reports on the framework say it is meant to cover most people who have not yet settled, with limited transitional arrangements for some groups. The rules are not yet law, so check official GOV.UK guidance or a regulated adviser.
Why does oil matter for the naira?
Crude sales are Nigeria’s main source of dollars. Higher prices can support reserves and the naira, while lower prices squeeze them. See our dollar to naira rate today page.
Was the Microsoft outage a hack?
Microsoft says no. It blamed server capacity problems, not a cyber-security incident.
This roundup summarises reporting by the outlets credited under each story, in our own words. Follow Naijatipsland Updates on WhatsApp for the next edition. Spotted an error? Tell us and we will correct it under our editorial policy.
