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The United States attempted to seize a Russian-flagged tanker linked to Venezuela on Wednesday, escalating tensions in Latin America and straining relations with Moscow. The move is part of President Donald Trump's push to control oil flows in the region and pressure Venezuela’s government to cooperate with U.S. interests. The U.S. Coast Guard and military …

Iran’s President Masoud Pezeshkian has called on security forces to avoid targeting peaceful demonstrators as anti-government protests continue across the country. Tehran’s Grand Bazaar was deserted on Tuesday after security personnel fired tear gas at protesters holding a sit-in at the sprawling market. Similar clashes have occurred since demonstrations began on December 28, driven by …

Iran President Urges Security Forces to Spare Peaceful Protesters Amid Escalating Unrest

Currency strategists are forecasting a continued soft outlook for the U.S. dollar at the start of 2026, citing concerns over Federal Reserve independence and the likelihood of further interest rate cuts. The dollar fell nearly 10% against major currencies last year, marking its weakest performance since 2017. Investors weighed the impact of record-high U.S. tariffs, …

The Budget Office of the Federation (BOF) has dismissed public criticism of the repeal and re-enactment of the 2024 and 2025 Appropriation Acts. In a statement on Wednesday, BOF Director-General Tanimu Yakubu said the actions did not constitute a constitutional breach, fiscal illegality, or a denial of access to budget documents. Yakubu emphasised that while …

2026 budget presented by President Tinubu

Analysts at CardinalStone project that Nigeria’s average crude oil output will rise to 1.75 million barrels per day (bpd) up from 1.67 million bpd in 2025. This was contained in their 2026 Macroeconomic Outlook titled “Indicators Align for Sustained Macro Gains,” released on Tuesday, January 6. It said the projection is supported by a sustained …

Oil Sector Drives Nigeria’s Growth Surge

Central African Republic President Faustin-Archange Touadéra has been re-elected for a third term after securing a majority of votes in last month’s presidential election. The 68-year-old mathematics professor was widely expected to win after the main opposition coalition boycotted the poll, citing concerns about electoral fairness. Touadéra secured 76% of the vote, according to preliminary …

CAR PRESIDENT

The Federal Government has dismissed reports that Nigerian scholarship students in Morocco were abandoned. The government described the claims as misleading and intended to misinform the public. Earlier, activist Martins Otse, also known as VeryDarkMan, posted a video on X (formerly Twitter) showing Nigerian students in Morocco claiming they had not received financial support for …

Nigeria’s Super Eagles have earned $80,000 in goal bonuses at the ongoing 2025 Africa Cup of Nations (AFCON) in Morocco. The Nigeria Football Federation (NFF) promised the team $5,000 for every goal scored during the group stage. The Eagles collected $40,000 for the eight goals they scored against Tanzania, Tunisia, and Uganda. READ ALSO: AFCON …

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