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Rising hunger and displacement pose growing economic risk, UN tells Davos
Ziggy Ojiegbe As global leaders gather at the World Economic Forum in Davos this week, United Nations agencies are warning that rising hunger and displacement are not only humanitarian emergencies but growing threats to global economic stability. The UN World…
China fronts renewables as energy consumption surges to new records
Ziggy Ojiegbe China’s energy consumption continued to rise across the board in 2025, with strong growth recorded in power generation, coal output and petroleum, alongside a sharp expansion in renewable energy. Reports reviewed by Oracle Intelligence show that China now…
Trump’s Greenland tariff threat deepens rift between Europe and the United States
Ziggy ojiegbe Donald Trump’s threat to impose new tariffs on European allies over their opposition to his proposed takeover of Greenland has sharply worsened relations between the United States and Europe, exposing growing mistrust within the transatlantic alliance. The US…
WEF kicks off amid escalating global military and diplomatic tensions
Ziggy Ojiegbe More than 60 heads of state and government are gathering today in Davos, Switzerland, as the World Economic Forum (WEF) opens against a backdrop of rising geopolitical tensions, trade disputes, and military confrontations that threaten the global economy….
Seplat Energy reaffirms commitment to ESG-aligned operations
Sopuruchi Onwuka Integrated energy company Seplat Energy Plc has reaffirmed its commitment to conducting its operations in line with global environmental, social, and governance (ESG) standards, stressing the need for responsible and sustainable practices within Nigeria’s petroleum industry. The company,…
Nigeria demands credible bids in 2025 oil licensing round
Sopuruchi Onwuka The Ministry of Petroleum Resources has charged companies seeking to participate in Nigeria’s upcoming oil and gas licensing round to present credible proposals and clear evidence of technical and financial capacity as a condition for participation. Minister of…
Fuel import data mirrors domestic market turmoil
Local refiners yet deliver cost benefits to Nigerians Sopuruchi Onwuka The performance of the domestic fuel production industry dominated the latest report by the Central Bank of Nigeria (CBN) on the country’s trade performance in the past two years. Although…
Wars drive Africa’s economic strain, hunger and displacement, UN warns
Ziggy Ojiegbe The United Nations has warned that escalating conflicts across parts of Africa and the Middle East are deepening economic hardship, fuelling hunger and driving mass displacement, with civilians bearing the heaviest burden. UN Secretary-General António Guterres remains gravely…
UN says global economic growth indicates resilient but subdued
Further slowdown expected in 2026 Sopuruchi Onwuka Global economic growth has shown resilience over the past year despite trade tensions and geopolitical uncertainty, but remains subdued and well below pre-pandemic levels, according to a major United Nations report released on…
Group urges FG to shield poor, tax wealthy Nigerians under proposed reforms
Frank Okon A consumer advocacy group has called on the Federal Government to protect low-income Nigerians from the impact of proposed tax reforms by imposing heavier taxes on wealthy individuals and large corporations. The Coalition for Affordable and Regular Electricity…
