UK Inflation Slows, Boosting Rate Cut Hopes

Britain’s annual inflation rate slowed in January, strengthening expectations that the Bank of England could lower interest rates next month, official data showed Wednesday. The Consumer Prices Index fell to 3.0 percent in January from 3.4 percent in December, according to the Office for National Statistics (ONS). Grant Fitzner, chief economist at the ONS, said…

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Morocco Seeks Jail for 18 Senegalese AFCON Fans

By Ayomide Otitoju Moroccan prosecutors on Thursday demanded jail terms of up to two years for 18 Senegalese football fans detained in Rabat following last month’s Africa Cup of Nations (AFCON) final, AFP reported. The prosecution accused the fans of “hooliganism,” saying they “deliberately sought to disrupt the proper conduct of the match” and committed…

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TotalEnergies Faces Production Cuts Over Environmental Risk Trial

By Ayomide Otitoju TotalEnergies could be forced to scale back oil and gas production if environmental groups succeed in a trial that opened Thursday, which accuses the French energy giant of failing to properly account for environmental risks. The case, filed by several NGOs and the city of Paris, is based on a 2017 French…

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Encirc Says High Energy Costs Hurt Competitiveness

Molten glass pours through chutes before being moulded into bottles at the northwest England plant of manufacturer Encirc, where soaring energy costs are piling pressure on Britain’s heavy industry. Oliver Harry, head of corporate affairs at Encirc — which produces more than a third of the UK’s glass bottles — said the company is grappling…

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Nyesom Wike Declares Work-Free Day for FCT Polls

By Ayomide Otitoju The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared Friday, February 20, 2026, a work-free day ahead of the Area Council elections scheduled for Saturday, February 21. Wike also announced a restriction of movement across the FCT from 8:00 p.m. on Friday to 6:00 p.m. on Saturday, following approval…

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Court Admits Confessions, Forensic Report in Owo Church Attack Trial

By Ayomide Otitoju Justice Emeka Nwite of the Federal High Court, Abuja, has admitted additional confessional statements and a Digital Forensic Examination Report in the trial of five defendants accused of involvement in the June 5, 2022 attack on St. Francis Catholic Church, Ondo State, which left 41 people dead and 140 others injured. The…

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Tinubu Signs EO to Boost Federation Oil Revenues

By Ayomide Otitoju President Bola Tinubu has signed a new Executive Order aimed at safeguarding and increasing oil and gas revenues accruing to the Federation Account, while eliminating what the Federal Government described as wasteful deductions and duplicative structures under the Petroleum Industry Act (PIA). In a statement issued by presidential spokesperson Bayo Onanuga, the…

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