By FIDELUS ZWANSON EMERGING markets may have weathered one storm—but another, more subtle tempest is forming on the horizon. According to Fitch Ratings, issuers across emerging economies face rising macro risks in 2026, as growth slows, trade tensions escalate and liquidity conditions tighten. Fitch Ratings+1 Growth Losing Steam Fitch now projects global emerging-market GDP to […]
By OBIOMA TORI NIGERIAN banks significantly increased their deposits with the Central Bank of Nigeria (CBN) last week, with balances rising from ₦2.28 trillion on Wednesday to ₦2.62 trillion by Friday — a ₦340 billion surge within three days. Data from FMDQ showed that deposit money banks (DMBs) preferred placing excess funds at the CBN’s […]
By TINA TOLUTOPE THE Ondo State Police Command has dismantled a suspected baby factory and human trafficking syndicate in Ore, Odigbo Local Government Area, rescuing six victims, including five pregnant girls and a baby boy. Police spokesperson DSP Olushola Ayanlade said the case originated from the Ore Division and has been transferred to the Gender-Based […]
By TOSI ORE The Invisible Tier — How Nigeria’s Local Governments Missed the Digital Train BY every measure, Nigeria’s local governments are richer today than at any time in recent history. Collectively, they’ve received more than ₦8.9 trillion from federal allocations between 2023 and 2025 — a staggering ₦3 trillion yearly windfall driven by post-subsidy […]
By ESTHER McWILLIS-IKHIDE Dangote Refinery Expansion Sparks Optimism for Nigeria’s Energy Future NIGERIA is on the cusp of a new industrial revolution as the Dangote Refinery embarks on an ambitious expansion to increase its crude oil processing capacity from 650,000 barrels per day (bpd) to a staggering 1.4 million bpd. Industry watchers say the move […]
By MAHMOOD MALIK MUSA (M.M.M.) IBRAHIM THE Nigerian Army has announced another major success in its counter-insurgency campaign after troops of Operation Hadin Kai (OPHK) foiled a late-night terrorist attack in Gamboru Ngala, Borno State, killing 10 insurgents and recovering a large cache of weapons and equipment. In a statement issued on Sunday, the spokesperson […]
By NINI NDUONOFIT-AKOH THE foreign exchange (FX) market — the world’s largest and most liquid financial arena — is once again at the heart of global economic tension. With an astonishing $10 trillion traded daily, it is the invisible network that keeps international trade and finance alive. Yet, as the global economy grapples with persistent […]
By AUGUSTUS ISICHEI NIGERIA’S U-17 women’s football team, the Flamingos, have reignited their World Cup campaign in style, booking a place in the Round of 16 after a commanding 4–0 victory over Samoa at the ongoing FIFA U-17 Women’s World Cup in Rabat, Morocco. It was a performance brimming with intent and confidence as Queen […]
By FATIMA HUSSAINI IN a modest two-bedroom apartment in Kubwa, Abuja, 36-year-old Ngozi ties her apron and heads out to her food stall. Her husband, once a taxi driver, sits quietly in the living room, scrolling through his phone. Before the pandemic, he paid the rent and handled household bills. Today, Ngozi does it all […]
By PAULINA NZERUBE FORMER Speaker of the Delta State House of Assembly, Rt. Hon. Victor Ochei, has been elected President of the Nigerian Tennis Federation (NTF) following a transparent and peaceful election held on Saturday at the Moshood Abiola National Stadium, Abuja. Ochei clinched victory with 11 votes, securing a four-year mandate to lead the […]