Morocco Knock Out Nigeria on Penalties to Reach AFCON Final

The Atlas Lions of Morocco on Wednesday night defeated Nigeria’s Super Eagles on penalties to qualify for the final of the 2025 Africa Cup of Nations (AFCON). The semi-final clash at the Prince Moulay Abdellah Stadium in Rabat ended goalless after 120 minutes of regulation and extra time, forcing the match into a penalty shootout. Before the match, Nigeria’s star striker Victor Osimhen had dismissed concerns about the intimidating Moroccan home crowd, insisting that the...

Nigeria Secures Tariff-Free Access to UAE Market as CEPA Takes Effect

…Tinubu Announces Investopia Lagos Co-Hosting Nigeria and the United Arab Emirates (UAE) have signed a Comprehensive Economic Partnership Agreement (CEPA), aimed at deepening trade, investment, and economic cooperation between the two countries, as government officials described it as a major milestone in Nigeria’s economic diplomacy. The agreement was signed on the sidelines of the 2026 Abu Dhabi Sustainability Week (ADSW) in Abu Dhabi, with President Bola Tinubu and the President of the UAE, Mohamed bin...

Nigeria Beat Algeria 2-0 to Reach AFCON Semi-Finals

Nigeria’s Super Eagles have advanced to the semi-finals of the 2025 Africa Cup of Nations after a commanding 2-0 victory over Algeria at the Stade de Marrakech on Saturday evening. Second-half goals from Victor Osimhen and Akor Adams were enough to dismantle the 2019 champions and secure Nigeria’s 16th appearance in the final four of the tournament. Following a cagey and goalless first half characterised by tactical caution from both sides, Nigeria broke the deadlock...

Presidential Tax Committee Counters KPMG’s Criticisms of New Tax Laws

The Presidential Fiscal Policy and Tax Reforms Committee has rejected most of the concerns raised by global advisory firm, KPMG, over Nigeria’s new tax laws, describing the firm’s publication as largely based on “misunderstanding of the policy intent” and the presentation of “opinion and preferences as facts.” The committee, in a detailed response, dated 10 January 2026, by its chairman, Taiwo Oyedele, acknowledged that KPMG raised a few useful points, particularly on implementation risks and...

Jersey to Return $9.5m Abacha Loot to Nigeria

Authorities in Jersey, a self-governing British Crown Dependency in the Channel Islands, have agreed to return more than $9.5 million (about £7 million) to the Federal Republic of Nigeria. The repatriation follows the signing of a Memorandum of Understanding (MoU) in December 2025 between His Majesty’s Attorney General for Jersey, Mark Temple KC, and officials of the Nigerian Government. The agreement builds on two earlier asset-recovery arrangements between Nigeria and Jersey that have already facilitated...

Dangote Files Corruption Petition Against Ex-NMDPRA Boss at EFCC

Mr Aliko Dangote, Chairman of Dangote Industries Limited (DIL), has formally petitioned the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute Mr Farouk Ahmed, the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on alleged corruption and abuse of office. The petition, submitted through Dangote’s legal representative, Dr O.J. Onoja, SAN, was lodged at the EFCC headquarters in Abuja following the withdrawal of an earlier complaint from the...

AA Rano to Launch Nigeria’s First Unmanned Fuel Stations

…Petrol workers oppose plan over job security AA Rano Nigeria, a major downstream petroleum marketing company, has announced plans to introduce Nigeria’s first fully automated and unmanned fuel stations, a move that has sparked concern among petrol station workers over possible job losses. The company announced that the stations will be launched this month, following a business partnership with Petrosoft Limited, a Nigerian technology firm that provides downstream oil and gas business management systems. In...

Togo, Niger, Benin owe Nigeria $11.57m in electricity — NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that Togo, the Niger Republic, and the Benin Republic owe Nigeria a total of $11.57 million for electricity supplied in the third quarter (Q3) of 2025. The commission made this known in its Q3 2025 report, released this week. According to NERC, the Market Operator (MO) issued an invoice of $18.69 million to the three countries for electricity supplied by Nigerian electricity generation companies (GenCos) under bilateral...

‘Abeg’, ‘Amala’, Afrobeats Enter Oxford English Dictionary

The Oxford English Dictionary (OED) has expanded its collection with new African words and expressions in its latest update published in December 2025 and rolled into 2026. The update was announced by the OED on Wednesday via X and includes commonly used Nigerian and West African words linked to food, music, markets, everyday speech and pop culture. According to the Dictionary, the December 2025 update added more than 500 new words, phrases, and senses, and...

Chimamanda Adichie, Husband Lose Twin Son After Brief Illness

Renowned Nigerian author, Chimamanda Ngozi Adichie, and her husband, Dr Ivara Esege, have lost one of their twin boys, Nkanu Nnamdi. The sad news was confirmed on Wednesday in a statement issued by Adichie’s Communications Team and signed by her representative, Omawumi Ogbe. The statement read, “We’re deeply saddened to confirm the passing of one of Ms Chimamanda Ngozi Adichie and Dr Ivara Esege’s twin boys, Nkanu Nnamdi, who passed on Wednesday, 7th of January...

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