The International Monetary Fund (IMF) has upgraded its growth forecast for Nigeria to 4.4 per cent in 2026, citing improved macroeconomic conditions and reform momentum. The Fund disclosed this in its January 2026 World Economic Outlook (WEO) Update, titled “Global Economy: Steady amid Divergent Forces,” released yesterday. According to the IMF, Nigeria’s economy is expected […]
There are growing concerns that the proposed Securities and Exchange Commission’s (SEC) recapitalisation programme could weaken market depth, further starve the real sector of funding, strangle competition, and ultimately slow economic growth, thereby undermining the exercise’s intent. The new capital rules represent the most sweeping overhaul of Nigeria’s securities industry in a decade, replacing the […]
An Abuja Federal High Court on Monday struck out Meta Platforms Inc. and X Corporation (formerly Twitter) from the cyberstalking case instituted by the Federal Government against activist and former presidential candidate, Omoyele Sowore. The development followed the prosecution’s decision to amend the charge, effectively leaving Sowore as the sole defendant in the matter. Sowore […]
Chelsea have recalled forward David Datro Fofana from his loan spell as preparations intensify for a possible permanent transfer, with discussions ongoing between the club and the player’s representatives. The 21-year-old Ivory Coast international joined Chelsea from Norwegian side Molde in January 2023 but has yet to make a sustained impact in the club’s first […]
The Federal Government has announced the commencement of applications for the 2026 Petroleum Technology Development Fund Overseas Scholarship Scheme, providing opportunities for Nigerian postgraduate students to study in the United Kingdom, Germany, France, and Malaysia. This was confirmed in a post shared via X( Formerly Twitter) by the Office of the Special Adviser to the […]
FIFA President Gianni Infantino condemned “some Senegal players” for the “unacceptable scenes” which overshadowed their victory in Sunday’s Africa Cup of Nations final when they walked off the pitch in protest at a penalty awarded to Morocco.”We strongly condemn the behaviour of some ‘supporters’ as well as some Senegalese players and technical staff members. It […]
