Author: Ogochukwu Ndubuisi

Central African Republic President, Touadera Wins Re-Election Central African Republic President Faustin-Archange Touadera has won a third term in office, securing an outright majority in the presidential election held on Dec. 28, provisional results from the electoral commission showed on Monday. The 68-year-old mathematician who took power a decade ago was seeking a third term after a constitutional referendum in 2023 scrapped the presidential term limit. He campaigned on his security record in the chronically unstable nation after enlisting help from Russian mercenaries and Rwandan soldiers. He also signed peace deals with several rebel groups this year. The results announced…

Venezuela Hunts Collaborators After Maduro Arrest by U.S. Forces Venezuelan police have launched a search for collaborators following the arrest of authoritarian leader Nicolás Maduro by U.S. special forces, according to a decree declaring a state of emergency. The decree, which came into force on Saturday but was made public in full on Monday, said all police units at the federal, state, and municipal levels had been instructed to look for individuals who supported the U.S. operation. Earlier, several U.S. media outlets reported that the U.S. military appeared to have received assistance on the ground during the operation. According to…

Venezuela, Russia, China, UK urge U.S. to release Maduro Venezuela, Russia, China, and the Uk have urged the United States to release Venezuelan leader Nicolás Maduro and his wife Cilia Flores. Following the U.S. attack on the South American country over the weekend, the UN ambassadors of Venezuela, Russia and China as well as UK lawmakers criticised what they called the aggressive action of the U.S., which they classified as going against international law. In a special session of the UN Security Council in New York on Monday, Russia and China strongly condemned the U.S. attack on Venezuela at the…

NGX Hits Historic High as Equity Investors Gain N1.87trn The Nigerian Exchange (NGX) market capitalisation hits a historic high as equity investors gain N1.87 trillion in the early 2026 rally. The market delivered a 51.2% gain in 2025 on increased local participation. Investors are staking bets on listed companies’ shares as the local bourse becomes a hedge against double-digit inflation and a wealth creation platform for investors. The NGX All-Share Index climbed 1.74% to a historic high of 159,218.22 points. Market capitalization surged by ₦1.87 trillion, surpassing the ₦100 trillion milestone to reach ₦101.52 trillion, supported by the additional listing…

NCC Unveils 5-Year Spectrum Roadmap for Telecom Sector The Nigerian Communications Commission (NCC) has published a five-year Draft Spectrum Roadmap for the Communications Sector, which outlines a strategic framework for radio frequency spectrum management and allocation. The telecom regulator revealed a plan to align spectrum policy with the National Broadband Plan and the National Digital Economy Policy and Strategy (NDEPS), with a focus on driving inclusive digital growth and sustainable economic development. NCC plans to focus on four strategic pillars to steer its future spectrum choices. The primary pillar is dedicated to closing the digital divide, prioritising universal access for…

Oil Fields Dispute: Court Orders Parties to Maintain Status Quo The Federal High Court in Abuja, on Monday, ordered Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), and others to maintain status quo pending the hearing and determination of a case involving four oil fields. Justice Emeka Nwite gave the order after Mr Ambrose Unaeze, who appeared for the plaintiffs; Hi-Rev Oil Limited and Hi-Rev Exploration and Production Ltd, moved the application to the effect. The 2nd and 3rd defendants in the suit, marked: FHC/ABJ/CS/2678/2025, are the Attorney-General of Federation (AGF) and Nigeria Upstream Petroleum Regulatory Commission (NUPRC).…

Manchester United Sack Manager Amorim After Leeds Draw Manchester United on Monday sacked head coach Ruben Amorim, a day after a draw with relegation-threatened Leeds United. The English Premier League (EPL) club broke the news in a statement on its official website on Monday. United said the decision would boost chances of the highest possible league finish, with the club sixth and trailing leaders Arsenal by 17 points. “With Manchester United sitting sixth in the Premier League, the club’s leadership has reluctantly made the decision that it is the right time to make a change. “This will give the team…

Makinde Appoints Prof. Babatunde as New SSG in Cabinet Reshuffle Gov. Seyi Makinde of Oyo State has relieved the Secretary to the State Government,(SSG) Prof. Olanike Adeyemo, of her appointment with immediate effect. This is contained in a statement issued on Monday in Ibadan, by Special Adviser on Media to the Governor, Dr Sulaimon Olanrewaju. Prof. Musibau Adetunji Babatunde has now been appointed as new SSG. The statement further disclosed that Mr Seun Ashamu has been moved from the Ministry of Environment and Natural Resources “to the Ministry of Budget and Economic Planning. “Also, the governor announced his Senior Special…

‘Tinubunomics’ not Designed for Instant Abundance — Budget Office DG Mr Tanimu Yakubu, the Director-General of the Budget Office of the Federation, says President Bola Tinubu’s economic reforms, popularly known as Tinubunomics, were never intended to deliver “instant abundance.” Yakubu stated this in a statement titled ‘Tinubunomics and the Arithmetic of Illusion’, issued on Sunday in Abuja. He said much of the criticism against the reforms was built on what he described as misleading arithmetic rather than sound economic analysis. “A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated — and the…

AFCON 2025: Cameroon Edges S/Africa 2–1 to Reach Quarter-Finals Cameroon withstood early pressure before defeating South Africa 2–1 to secure a quarter-final spot at the ongoing Africa Cup of Nations (AFCON) on Sunday in Rabat. South Africa dominated the opening 30 minutes, pressing aggressively and creating chances, but Cameroon goalkeeper Devis Epassy kept the Indomitable Lions in the contest. The breakthrough came in the 34th minute when James Tchamadeu struck clinically, shifting momentum in Cameroon’s favour after sustained South African dominance. Cameroon doubled their lead shortly after, with Christian Kofane heading home in the 47th minute to compound South Africa’s…