Vice President Kashim Shettima has arrived in Davos, Switzerland, ahead of the 56th Annual Meeting of the World Economic Forum (WEF), where he will lead Nigeria’s delegation to the global event scheduled for January 19 to 23, 2026. A statement by his spokesman, Stanley Nkwocha, said Shettima flew into Switzerland from Conakry, Guinea, after representing …
The International Monetary Fund (IMF) has raised its global growth forecast for 2026, pointing to strong investment in artificial intelligence and growing adjustment to global trade tensions. In its latest World Economic Outlook update released on Monday, the Fund projected global GDP growth of 3.3 percent in 2026. This represents a 0.2 percentage point increase …
Justice Mohammed Umar of the Federal High Court in Abuja on Monday struck out Meta Platforms Inc. and X Corp. as defendants in the amended cyberstalking case filed against activist and former presidential candidate Omoyele Sowore. The court removed the two foreign technology companies following an application by counsel to the Department of State Services …
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the credibility of recent changes to Nigeria’s Consumer Price Index (CPI) computation, warning that adjustments to the methodology may be weakening confidence in official inflation data. The Centre made this known in its policy brief on Nigeria’s December 2025 inflation released on …
Workers under the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) on Monday began an indefinite strike, shutting down government offices across the Federal Capital Territory (FCT) and its area councils. The action followed the expiration of a seven-day ultimatum issued to the FCTA over unresolved labour and welfare issues. The …
Indigenous oil and gas company, Seplat Energy, has called on operators in Nigeria’s oil and gas industry to show a serious commitment to environmental sustainability through their activities. The company’s Chief Executive Officer, Mr. Roger Brown, who observed that oil and gas will continue to play a pivotal role in Nigeria’s energy mix, stressed that …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has paid tribute to the late former president of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Uche Marcus Okoro, hailing his leadership qualities and dedication to the plight of Nigerian oil workers. Comrade Okoro was one of the passengers who died in the …
The Lagos State Government has expressed concern over the collapse of a bungalow classroom block at Odokekere High School, Ikorodu, while assuring parents and the public that no lives were lost in the incident. In a statement, the Special Committee on Rehabilitation of Public Schools (SCRPS) described the development as unfortunate, saying it received reports …
Super Eagles defender Calvin Bassey has said the Nigerian team will give everything to defeat Egypt in the third-place match of the 2025 Africa Cup of Nations, despite their painful semi-final exit. Nigeria’s hopes of reaching the final were dashed on Wednesday night in Rabat after a narrow defeat to hosts Morocco. Bassey, who delivered …
The average daily consumption of Premium Motor Spirit (PMS), also known as petrol, rose by 20.42 per cent month-on-month from 52.9 million litres per day in November to 63.7 million litres per day in December 2025. On a year-on-year basis, it reflected a 21.8 per cent surge from 52.3 million litres per day recorded in …
