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  • Nigeria oil output to rise with new fields from 2026

    By Ifunanya | January 1, 2026 | Comments Off on Nigeria oil output to rise with new fields from 2026

    The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to develop new oil fields from 2026, aiming to increase crude oil output. This fresh exploration is expected to help the company raise at […]

  • Bulgaria adopts euro as 21st country in European Union

    By Ifunanya | January 1, 2026 | Comments Off on Bulgaria adopts euro as 21st country in European Union

    Bulgaria has officially adopted the euro as its currency, becoming the 21st country to join the eurozone. The switch, which took place on January 1, marks a significant milestone for the Balkan nation, nearly 20 […]

  • Nigeria inflation to drop in 2026

    By Ifunanya | January 1, 2026 | Comments Off on Nigeria inflation to drop in 2026

    President Bola Ahmed Tinubu has assured Nigerians that the country’s inflation rate will continue to decline in 2026, following the implementation of economic reforms aimed at stabilizing prices and promoting growth. In his New Year […]

  • Ondo Governor Pardons 77 Inmates Across State Facilities

    By Ifunanya | January 1, 2026 | Comments Off on Ondo Governor Pardons 77 Inmates Across State Facilities

    Ondo State Governor Lucky Aiyedatiwa has granted pardon to at least 77 inmates serving various terms across correctional facilities in the state. The decision, announced in a statement by the Chief Press Secretary, Ebenezer Adeniyan, […]

  • Labour Party Structures to Join Peter Obi in ADC

    By Ifunanya | January 1, 2026 | Comments Off on Labour Party Structures to Join Peter Obi in ADC

    The Labour Party in Rivers State, led by Nenadi Usman, has announced that its structures and organs across various states are expected to join the party’s 2023 presidential candidate, Peter Obi, in the African Democratic […]

  • NNPCL announces N502 billion profit after tax in November

    By Ifunanya | January 1, 2026 | Comments Off on NNPCL announces N502 billion profit after tax in November

    The Nigerian National Petroleum Company Limited (NNPCL) has reported a significant profit after tax of N502 billion for the month of November 2025. This figure represents a 12.3 percent increase compared to the previous month. […]

  • National Assembly to release tax bills for public review

    By Ifunanya | January 1, 2026 | Comments Off on National Assembly to release tax bills for public review

    The National Assembly of Nigeria has announced that it will make copies of the contentious tax bills available for public review, following allegations of discrepancies between the voted and gazetted versions of the recently passed […]

  • US tariffs on furniture imports rise

    By Ifunanya | January 1, 2026 | Comments Off on US tariffs on furniture imports rise

    The United States has implemented steeper tariffs on certain imported furniture items, effective January 1, 2026. The move is part of a broader series of sector-specific tariffs introduced by President Donald Trump, aimed at protecting […]

  • Wildfire destroys pharmacy in Taraba State capital

    By Ifunanya | January 1, 2026 | Comments Off on Wildfire destroys pharmacy in Taraba State capital

    A devastating wildfire has destroyed the Moore Pharmaceutical Store, a popular establishment in the Michelin area of Jalingo, the capital of Taraba State, Nigeria. The incident occurred in the early hours of January 1, 2026, […]

  • Venezuela crisis deepens with 479 percent dollar surge

    By Ifunanya | January 1, 2026 | Comments Off on Venezuela crisis deepens with 479 percent dollar surge

    Venezuela’s economy has closed out a challenging year, marked by a significant increase in the cost of buying US dollars. The official rate has risen by 479 percent over the last 12 months, with the […]

  • ADC Clarifies Membership Registration Process Amid Peter Obi Controversy

    By Ifunanya | January 1, 2026 | Comments Off on ADC Clarifies Membership Registration Process Amid Peter Obi Controversy

    The African Democratic Congress (ADC) has issued a statement clarifying its membership registration process, following reports of misleading information circulating in the public domain. According to the party’s leadership, led by Nafiu Bala Gombe, the […]

  • Venezuela economy crisis deepens with 479 percent dollar surge

    By Ifunanya | January 1, 2026 | Comments Off on Venezuela economy crisis deepens with 479 percent dollar surge

    Venezuela has closed out a tumultuous year for its economy, marked by a significant surge in the cost of buying US dollars. The official exchange rate has risen by 479% over the past 12 months, […]

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