His Majesty’s Attorney General for Jersey, Mark Temple KC, signed a Memorandum of Understanding (“MOU”) in December 2025 to facilitate the return of more than $9.5 million (N13.6 billion ) to the Government of Nigeria, providing additional resources for a critical infrastructure project. Jersey is the largest of the Channel Islands, located in the English Channel, …
Jose Mourinho, the renowned football manager, has been vocal about his admiration for the way the Africa Cup of Nations (AFCON) uses the Video Assistant Referee (VAR) system, contrasting it with the often contentious application of VAR in European football. His comments, which have sparked discussions across the football world, highlight not only the differences …
In a bold policy paper, Dele Kelvin Oye, the Chairman of the Alliance for Economic Research and Ethics (AERE), has raised an alarm about Nigeria’s growing dependence on foreign powers, particularly the United States. He warns that if Nigeria does not adjust its approach to governance, the country could find itself in a position similar …
The Nigeria Deposit Insurance Corporation (NDIC) has significantly shifted its approach to handling failed banks, marking a crucial step towards reducing the risks of moral hazard in the country’s financial sector. This shift is particularly evident in the recent liquidation of Heritage Bank and other recent failures, such as Aso Savings and Loans and Union …
A passenger boat capsized in northern Nigeria’s Yobe state, leaving at least 25 people dead while 14 others remained missing, emergency services said Sunday. The boat was carrying residents who had gone to the local market as well as some who were involved in fishing or farming when it capsized along the Yobe River in Yobe State’s …
Gunmen attacked the village of Kasuwan-Daji in Niger State, northern Nigeria, killing at least 30 people and abducting several others. The attack, which has left the local community in shock, saw the assailants storm the village, burning down homes and markets before fleeing the scene. According to eyewitnesses, the gunmen, believed to be members of …
Venezuelan bonds are positioned for significant gains following the capture of Nicolás Maduro by the United States, sparking fresh hopes for a potential regime change. This comes as investors, who have long bet on a shift in Venezuela's leadership, are seeing returns on bonds valued at $60 billion. Recent months have seen a sharp rise …
The Nigerian Exchange Limited (NGX) has concluded its full-year 2025 market index review, with significant changes to its key stock market indices. The reshuffled indices took effect at the start of trading on Friday, January 2, 2025, according to the Exchange’s official statement. Notable additions to key indices include Guinness Nigeria Plc, Presco Plc, and …
In a recent decision that could have significant implications for global oil markets, OPEC+ has chosen to hold off on its planned increases to oil production through the first quarter of 2026. The move comes in response to a market surplus and ongoing uncertainty surrounding Venezuela’s oil production. At a brief meeting on Sunday, key …
Sudan hopes an upset win over Senegal in the Africa Cup of Nations on Saturday could prove a catalyst for a cessation of hostilities in their country, or even a longer peace, coach Kwesi Appiah said on Friday. Sudan’s team has reached the knockout stage of the competition for only the second time since they …
