Abuja: The World Bank Group, together with multilateral development banks and financing institutions, has launched a new global platform, ‘Water Forward’, to enhance water security for 1 billion people by …
Toye Faleye
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Foreign Report/International Figures
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Crime
Police Dismantle Cross-Border Fraud Ring, Arrest Suspect Posing as World Bank Official
by Toye Faleyeby Toye FaleyeAbuja: The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) said it has dismantled a cross-border fraud syndicate and arrested a fake World Bank official. The Force Public Relations Officer, DCP …
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Sport News
Lookman’s Goal Fires Atletico Madrid into Champions League Semis
by Toye Faleyeby Toye FaleyeAdemola Lookman‘s 31st-minute goal sent Atletico Madrid past Barcelona and into the Champions League semi-finals. Atletico reached the semi-finals for the first time since the 2016/2017 season after edging Barcelona …
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Foreign Report/International Figures
IMF Slashes Global Forecasts, Citing War Fallout
by Toye Faleyeby Toye FaleyeThe IMF has lowered its global growth forecast, warning that escalating geopolitical tensions and energy disruptions threaten economic activity. “Once again, the global economy is threatened with being thrown off …
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Business & Economy
IMF Warns Nigeria: Rising Oil Prices Mask Deeper Economic Strains
by Toye Faleyeby Toye FaleyeThe International Monetary Fund (IMF) has warned that Nigeria’s recent gains from higher oil prices will not last. Nigeria still faces deep structural problems that are slowing its economic progress. …
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Business & Economy
Nigeria Warns IMF, World Bank: Debt Crisis Worsens for Developing Countries
by Toye Faleyeby Toye FaleyeAt the IMF and World Bank Spring Meetings, Nigeria’s Finance Minister Wale Edun warned that developing countries are facing a serious debt crisis. He explained that these nations now pay …
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Foreign Report/International Figures
Oil Prices Slip as Prospects of US-Iran Talks Ease Supply Fears
by Toye Faleyeby Toye FaleyeCrude prices pulled back in early Asian trading on Tuesday as hopes of renewed U.S.-Iran talks took some of the heat out of markets rattled by Washington’s blockade of the …
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Abuja: The Insurance Market Performance Report says the insurance industry recorded a spike in its gross claims, hitting N725 billion in the fourth quarter of 2025. The report, released in …
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Abuja: The Petroleum Technology Development Fund (PTDF) has commenced the second phase of interviews for 2026/2027 PhD award under its Overseas Scholarship Scheme (OSS), targeting 2,102 PhD applicants across Nigeria. …
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Lagos: The week began on a positive note, as renewed buying interest in the Nigerian stock market led to gains of N443 billion for investors. Building on this positive start, …
