Author: Ifetayo Adeniyi

Davos: Okunbo-Rhodes Pushes Local Capital Mobilisation for Africa’s Future L-T: Founder and Managing Partner, ShEquity, Pauline Koelbl; Founder and Managing Partner, Aruwa Capital Management, Adesuwa Okunbo-Rhodes; Managing Partner, BKR Capital, Lise Birikubdavyi and Chief Growth Advisor, FINCA International and FINCA Ventures, Payel Farasat during a panel session on “She leads, She builds, She scales: Women Shaping Africa’s Economic Future” at Nigeria House Davos, Switzerland. Female investors and fund managers have called for deeper local capital mobilisation as a pathway to long term economic sustainability in Africa during a high level panel at the 2026 World Economic Forum (WEF) Annual Meeting…

US finally pulls out of WHO for failure to implement reforms US President Donald Trump. | Photo: AFP US will continue its global health reach through engagements with private sector actors, non-governmental organisations. The United States has officially withdrawn from the World Health Organisation, citing the global health body’s handling of the COVID-19 pandemic and failure to implement necessary reforms, the White House announced on Thursday. In a statement shared by the White House, the U.S. Department of Health and Human Services and the US Department of State said the withdrawal was due to “the organisation’s mishandling of the COVID-19…

FG launches $25m vessel financing scheme to raise indigenous shipping File: Minister of Marine and Blue Economy, Adegboyega Oyetola Says Secretariat Unit to manage implementation has been established. The Federal Government has announced that eligible Nigerian shipowners can access up to $25 million each under the Cabotage Vessel Financing Fund to acquire modern vessels. This announcement was made on Thursday through a statement signed by the Ministry of Marine and Blue Economy. According to the statement, the Minister of Marine and Blue Economy, Adegboyega Oyetola, described the development as “a deliberate and strategic step in repositioning Nigeria’s maritime sector as…

Nigeria’s cashew sector rakes in over $400m through exports – FACAN Nigeria’s cashew industry has raised over $400 million in export earnings, boosting the country’s non-oil revenue. Industry leaders, however, say the sector has the potential to deliver even greater value through increased production, processing, and domestic consumption. Sheriff Balogun, President of the Federation of Agricultural Commodity Associations of Nigeria, said this at the 4th Nigeria Cashew Day held in Abuja on Thursday, noting that official data showed steady growth in non-oil exports, driven largely by agricultural commodities such as cashew. Balogun said, “Based on official statistics, we see…

Tinubu, for Shell’s Bonga south west project, approves investment incentives L-R: Peter Costello, President Upstream, Shell Plc, Wael Sawan, Global Chief Executive Officer Shell Plc and President Bola Tinubu during a visit by the Shell Executives to the President at the State House, Abuja. Thursday, January 22, 2026 President Bola Ahmed Tinubu has given his approval to the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners. The President also directed the Special Adviser to the President on Energy, Mrs. Olu Verheijen, to facilitate the gazette of the incentives…

Here’s 2026 OSCAR nominations The organisers of the 98th Academy Awards announced the initial slate of nominations for the 2026 Oscars on Thursday, with actors Lewis Pullman and Danielle Brooks revealing the full list across all 24 categories. Leading the pack as early frontrunners are Paul Thomas Anderson’s One Battle After Another, which secured 13 nominations, and Ryan Coogler’s Sinners, which broke Oscar history with a record-breaking 16 nominations, the most ever for a single film, surpassing the previous tie of 14 held by All About Eve, Titanic, and La La Land. The 98th Oscars ceremony is scheduled for…

Tinubu gives consent to posting of ambassador-designates to US, France, two other countries Nigerians President, Bola Ahmed Tinubu has given approval for the posting of four ambassador-designates out of the 68 confirmed by the Senate last December. In a statement by presidential spokesperson, Bayo Onanuga, President Tinubu confirmed the posting of Ambassador Ayodele Oke as the ambassador-designate to France and Colonel Lateef Are as the ambassador-designate to the United States of America. Also confirmed by the President is the posting of Ambassador Amin Dalhatu, former ambassador to South Korea, as the high commissioner-designate to the United Kingdom. Usman Isa…

Tongeji Island oil drilling to commence immediately ~ Gov Abiodun Caption: L-R:The Commandant,Nigerian Navy Secondary school Abeokuta, Captain, Oluwaseun Adesiyan, 46th flag Officer Commanding Western Naval;Rear Admiral Abdullah Abubakar Mustapha, Ogun State Governor; Prince Dapo Abiodun, Fleet Commander,Western Fleet;Commodore Solomon Olushola Ohunenese and the Commander, Intelligence Office;Captain Adah Ehanmo during a visit by the Western Naval Command in Abeokuta on Thursday. • Naval officers visit to strengthen synergy between the Nigerian Navy and the Ogun State Government. • Tinubu approved the immediate take-off of the Olokola Deep Seaport project. • Oil drilling at Tongeji Island would increase economic empowerment among…

Rivers Chief Judge Refrains From Setting Up Panel Against Governor Fubara, Deputy Referencing legal precedents in a similar case in 2007. The Chief Judge of Rivers State, Justice Chibuzor Simeon Amadi, has declined to constitute a seven-member panel to investigate allegations of gross misconduct against Governor Sim Fubara and his Deputy, Ngozi Ordu. In a letter dated 20th January 2026, addressed to the Speaker of the Rivers State House of Assembly, Martins Amaewhule, Justice Amadi cited two court orders barring him from receiving, forwarding, or considering any requests to form such a panel. The orders were served on his…

Manny Ita The World Economic Forum in Davos became the stage for a radical restructuring of international diplomacy on Thursday as President Trump officially unveiled the charter for his Board of Peace. What was initially introduced last year as a temporary mechanism to oversee the reconstruction of the Gaza Strip has now been formalized as a permanent, standalone international organization. Addressing a ceremony in Davos, President Trump declared it a “very exciting day” and claimed that the body would eventually “get a lot of work done that the United Nations should have done,” even suggesting the board “might” replace the…