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A faction of the Peoples Democratic Party under the influence of Nyesom Wike, Nigeria’s Minister of the Federal Capital Territory, has categorically rejected suggestions that it intends to support President Bola Tinubu in the 2027 general elections, insisting instead that the party will field its own presidential candidate when the time arrives for primary…
Nigeria and the United Kingdom have launched a customs cooperation pact to reconcile a staggering £1.2 billion discrepancy in bilateral trade figures. High-level talks in London on March 18 revealed that while the UK recorded £1.7 billion in exports to Nigeria in 2024, Nigerian records accounted for only £504 million. This massive “missing” sum points…
Nigeria’s nascent battle against inflation faces a fresh assault from global energy markets, despite a marginal dip in headline figures. Data for February 2026 shows inflation eased to 15.06% year-on-year, down from 15.10% in January. While this appears positive compared to the 26.27% recorded a year ago, the Centre for the Promotion of Private Enterprise…
The United Kingdom has commenced a strategic expansion of detention infrastructure designed to accelerate the removal of foreign offenders and illegal migrants from British territory, a move coinciding with and directly enabled by a newly formalised bilateral agreement with Nigeria that streamlines the repatriation of thousands of undocumented nationals. The UK Home Office announced yesterday…
The Confederation of African Football has fundamentally rewritten the history of the 2025 Africa Cup of Nations, stripping Senegal of a hard won victory on the pitch and awarding the continental championship to Morocco through regulatory intervention. Official checks on the CAF website confirm that Morocco now stands recorded as champions of the TotalEnergies CAF…
The Dangote Petroleum Refinery has commenced large-scale exports of refined fuel to five African nations, marking a shift in West Africa’s energy dynamics. International traders recently moved 12 cargoes totalling 456,000 tonnes of petroleum products to markets in Côte d’Ivoire, Cameroon, Tanzania, Ghana, and Togo. This milestone follows the facility reaching its full processing capacity…
The American dollar surged on Monday as investors abandoned riskier assets following a sharp escalation in the conflict between Israel, the United States, and Iran. Demand for safe-haven assets rose after hopes for a weekend de-escalation evaporated, amid fresh threats of infrastructure strikes. The dollar index climbed 0.29% to 99.83, reversing a brief period of…
A collision between an Air Canada Express jet and a ground vehicle has forced an indefinite closure of New York’s LaGuardia airport. The Federal Aviation Administration issued a ground stop late Sunday night following the mid-runway impact. Officials warned that the disruption will likely persist well into the next travel day. The crash involved a…
Great Britain achieved its most successful World Athletics Indoor Championships in history following a clinical 28-minute golden blitz in Torun. The three-medal rush on Sunday evening brought the team’s gold tally to four, surpassing the previous record of three set in 1999. Georgia Hunter Bell, Molly Caudery, and Keely Hodgkinson each secured world titles to…
Nigeria’s monetary policy architecture is undergoing a fundamental transformation. The Central Bank of Nigeria has committed itself to a deliberate transition toward an inflation-targeting framework, abandoning decades of discretionary monetary management in favour of a transparent, rules-based system explicitly anchored to long-term price stability. The shift represents one of the most significant policy reorientations undertaken…
