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FAAC Shares ₦2.34 Trillion Among Federal, State and Local Governments

Nigeria’s Federation Account Allocation Committee (FAAC) has disbursed ₦2.34 trillion to the federal, state and local governments for December 2025, drawing from revenue generated in November 2025. The allocation, approved at FAAC’s monthly meeting, reflects a mix of earnings from statutory revenue, value-added tax (VAT) and other federally collected funds. As usual, the distribution followed […]

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WHO Chief Urges Stronger Global Cooperation as Executive Board Meets in Geneva

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The Director-General of the World Health Organization, Dr Tedros Adhanom Ghebreyesus, has called for renewed global cooperation and sustained investment in public health as the WHO’s Executive Board opened its 158th session in Geneva. Speaking during a live-streamed address, Dr Tedros warned that the world remains dangerously unprepared for future health emergencies, even as attention

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Nigeria Moves Closer to Electric Vehicle Manufacturing with South Korea Deal

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Nigeria has taken another step toward entering the electric vehicle (EV) manufacturing space after signing a new cooperation agreement with South Korea.In a post shared on X (formerly Twitter), the National Automotive Design and Development Council (NADDC) announced that both countries have signed a Memorandum of Understanding aimed at establishing electric vehicle manufacturing and charging

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IMF: China, India to Drive Nearly Half of Global Growth in 2026

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WASHINGTON, Jan, 2026 — China and India will remain the dominant drivers of global economic expansion in 2026, together contributing close to 44% of global real GDP growth, the International Monetary Fund (IMF) revealed. In its World Economic Outlook Update (January 2026), the IMF projected global growth of about 3.3% in 2026, unchanged from 2025,

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A Protest That Punishes Its Own People: Why Nigeria’s South-East Must End the Sit-at-Home

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Every Monday morning in South-Eastern Nigeria, millions of people make the same calculation: Is it worth risking my life to go to work today?For traders, transport workers, teachers, nurses, and students, the answer is often no. Markets are shut. Roads are empty. Schools are silent. Not because of a natural disaster or a state of

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Doomsday Clock Moves Closer to Midnight, Marking Highest Global Risk Since 1947

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The sense that the world is edging toward catastrophe is no longer confined to popular anxiety. On Tuesday, the Bulletin of the Atomic Scientists announced that its iconic Doomsday Clock has been set closer to midnight than at any point since its creation—signaling what experts describe as an unprecedented convergence of global threats. Midnight on

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Trump Administration Held Secret Talks With Alberta Separatists, Report Says

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Senior officials in the Trump administration have held covert meetings with fringe separatist figures from Alberta, Canada’s oil-rich western province, according to an exclusive report. The report said representatives of the Alberta Prosperity Project, which advocates for the province’s independence from Canada, met with U.S. officials in Washington several times over the past year as

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Canadian Leaders Meet in Ottawa to Tackle Trade Barriers and Boost Economic Independence

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Canada’s federal government and provincial premiers are meeting in Ottawa today to discuss measures aimed at strengthening national unity, removing internal trade barriers, and accelerating major economic projects. In a statement ahead of the meeting, the prime minister said Canada is “stronger, more prosperous, and more secure when we are united,” stressing the need for

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Drone-Backed Militants Attack Nigerian Army Base, Soldiers Killed

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Several Nigerian soldiers were killed after militants backed by armed drones attacked a military base in Borno State, security sources confirmed on Thursday. The early-morning assault targeted an army facility in the northeast, where attackers breached parts of the base and struck military equipment using drones and heavy weapons. Reinforcements later arrived and pushed the

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Sit-at-Home in Onitsha Sparks Governor’s Warning on Market Takeover

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Awka, Anambra State Governor Chukwuma Soludo of Anambra State has condemned the continued closure of shops at the Onitsha Main Market on Mondays, describing the practice as “deliberate economic sabotage”. He insisted that the sit-at-home order, often cited by traders, officially ended in the state in 2023. The governor made the remarks on Wednesday, January

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