By Ayomide Otitoju The Pacific island nation of Kiribati was the first country to welcome 2026, as clocks struck midnight in its Line Islands. New Year celebrations are set to unfold gradually across the globe, beginning in Oceania and moving through East Asia, South and Southeast Asia, the Middle East, Europe, Africa, and the Americas….
BynAyomide Otitoju The Central Bank of Nigeria (CBN) has projected that the country’s external reserves will rise to $51.04 billion in 2026, up from $45 billion in 2025, according to its Macroeconomic Outlook for Nigeria, 2026, titled “Consolidating Macroeconomic Stability Amid Global Uncertainty”, published on Tuesday. The apex bank attributed the anticipated increase in reserves…
By Ayomide Otitoju Peter Obi, the Labour Party’s 2023 presidential candidate, has officially joined the African Democratic Congress (ADC), alongside other political leaders from Nigeria’s South-East geopolitical zone. The declaration was made on Wednesday in Enugu, the state capital, after months of consultations. The leaders said their move aims to collaborate with opposition parties nationwide…
By Ayomide Otitoju The Rivers State Government has clarified that its annual ₦100,000 Christmas bonus is disbursed to all civil and public office holders in the state, without discrimination. Dr. Honour Sirawoo, Permanent Secretary of the Ministry of Information and Communications, stated that the bonus is paid across the board, including to pensioners, as long…
By Ayomide Otitoju The Federal Government has reaffirmed that the newly enacted tax laws will take full effect on January 1, 2026, dismissing speculations about possible delays or policy reversals. In a statement issued from the State House on December 30, 2025, President Bola Ahmed Tinubu said the reforms form part of a broader effort…
By Ayomide Otitoju Guaranty Trust Holding Company Plc (GTCO) has obtained approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to undertake a private placement of its ordinary shares, subject to the fulfilment of applicable conditions precedent and regulatory requirements. The financial holding company had earlier announced on August…
By Ayomide Otitoju Nigeria has reaffirmed its commitment to strengthening its strategic, bilateral trade and economic partnership with China, reflecting positively on the progress of relations between both countries throughout 2025. The reaffirmation follows the elevation of Nigeria–China relations to a Comprehensive Strategic Partnership, agreed by President Bola Ahmed Tinubu and Chinese President Xi Jinping…
By Ayomide Otitoju The Lagos State Government has announced the cancellation of the 2025 Greater Lagos Fiesta, which was scheduled to hold on December 31, 2025. The decision was conveyed in a statement issued on Tuesday by the Governor’s Special Adviser on Media and Publicity, Mr. Gboyega Akosile. According to the statement, Governor Babajide Sanwo-Olu…
By Ayomide Otitoju the Commissioner of Police, Federal Capital Territory (FCT) Command, CP Miller G. Dantawaye, conducted an extensive operational patrol along the FCT–Nasarawa–Kogi boundaries to strengthen security in border and adjoining communities. During the patrol, CP Dantawaye paid a courtesy visit to the palace of the Ona of Abaji, His Royal Majesty (Dr.) Adamu…
