Borrowing to Drop as FG Prioritises Investment — Edun
The Federal Government has announced plans to significantly reduce borrowing while intensifying the mobilisation of foreign and domestic investments as part of a broader strategy to accelerate economic growth. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in an interview with Bloomberg on Wednesday at the ongoing World Economic Forum (WEF) in Davos, Switzerland. Edun […]
Adeyanju Warns Against Forgiving Terrorists
Human rights lawyer and activist, Deji Adeyanju, has warned that forgiving terrorists is contrary to the 1999 Constitution, cautioning that government negotiations and concessions to bandits and terrorists pose a serious threat to Nigeria’s national security. In a statement issued on Tuesday, Adeyanju described such actions as “alien to any serious state,” arguing that ongoing […]
U.S. House Speaker Mike Johnson Seeks to Ease U.S.–Europe Tensions in Historic Address to British Parliament
U.S. House Speaker Mike Johnson delivered a historic address to Britain’s Parliament on Tuesday, saying he had come to help “calm the waters” between the United States and Europe, even as President Donald Trump’s latest remarks continued to strain transatlantic relations. Marking the 250th anniversary of American independence, Johnson became the first sitting U.S. House […]
U.K. Government Approves Controversial New Chinese Embassy in Central London Despite Security Concerns
Britain’s government announced Tuesday that it has approved plans for a large new Chinese Embassy in central London, moving forward with a proposal that has faced years of political opposition and security warnings from lawmakers. Local Government Secretary Steve Reed formally signed off on the project near the Tower of London following prolonged delays and […]
Luxury Real Estate Moguls Face Federal Sex Trafficking Trial as Alexander Brothers Prepare for Court
For more than a decade, Oren and Tal Alexander cultivated an image of ultra-luxury real estate success and jet-set glamour, known for lavish parties and high-profile social circles. Federal prosecutors now allege that behind that public persona was a criminal enterprise. Oren and Tal Alexander, along with their brother Alon Alexander, were arrested in December […]
Greenland Dispute Set to Dominate Davos as Trump Reiterates Push for U.S. Ownership
The growing standoff between the United States and its NATO allies over the future of Greenland is expected to feature prominently at this week’s World Economic Forum in Davos, after President Donald Trump again declared that American ownership of the Arctic island is “imperative” to global security. In a social media post on Monday, Trump […]
Ex-AGF Malami in DSS Custody Amid New Probe
Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, has been arrested by operatives of the Department of State Services (DSS) shortly after meeting his bail conditions and leaving Kuje Correctional Centre, Abuja. Malami had been initially detained by the Economic and Financial Crimes Commission (EFCC) alongside his wife and son over alleged money laundering offences, and was […]
Tinubu Confers GCON on Gilbert Chagoury
President Bola Tinubu has conferred the Grand Commander of the Order of the Niger (GCON) on his longtime associate, Gilbert Chagoury, in recognition of what he described as Chagoury’s contributions to Nigeria. The president said the honour, Nigeria’s second-highest national award, was bestowed in appreciation of Chagoury’s services to the country. “In exercise of the powers vested in me under […]
Sanwo-Olu Signs ₦4.4tr 2026 Budget into Law
Lagos State Governor, Babajide Sanwo-Olu, has signed into law the 2026 Appropriation Bill, approving a record ₦4.4 trillion budget for the state’s next fiscal year. The governor assented to the bill on Monday during a brief ceremony at the Conference Room, Lagos House, Alausa, Ikeja, following its passage by the Lagos State House of Assembly in January. Tagged the “Budget of Shared Prosperity,” the spending plan authorises […]
Shettima Opens Nigeria House in Davos as 2026 WEF Begins
Vice President Kashim Shettima has formally opened the Nigeria House in Davos as the 2026 World Economic Forum (WEF) gets underway in Switzerland. The unveiling, which took place on the sidelines of the World Economic Forum, marks the first time Nigeria is establishing a House in Davos, signalling a new phase in the country’s global economic engagement. The Nigeria House is designed to serve […]
