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Japan and Italy upgraded their relationship to a special strategic partnership, emphasizing economic and energy security and marking 160 years of diplomatic ties.

By Babajide Komolafe The World Bank has warned that Nigeria’s economic growth, though showing signs of recovery, remains fragile and may not translate into improved living standards for millions of citizens unless targeted policies are implemented to reduce poverty. Dr Samer Matta, the World Bank’s Senior Economist for Nigeria, made this assertion at the Nigeria Economic […] The post Nigeria’s economic growth fragile, needs targeted policies to reduce poverty —World Bank appeared first on Vanguard News.

By Emeka Anaeto & Babajide Komolafe  The Nigerian Economic Summit Group, NESG, yesterday, warned that the 2027 general elections could pose the biggest threat yet to Nigeria’s ongoing economic reforms, cautioning that reform fatigue and policy reversals often set in as political cycles approach. Speaking at the presentation of the NESG 2026 Macroeconomic Outlook, NESG Chief […] The post 2027 politics biggest test of economic reforms — NESG appeared first on Vanguard News.

The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for  Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a confirmatory letter to the bank, dated January 12, […] The post NGX confirms listing of 3.16billion UBA shares appeared first on Vanguard News.

By Emma Ujah, Abuja Bureau Chief The Nigeria Revenue Service (NRS) has clarified that there was no fresh imposition of Value-Added Tax (VAT) on banking services.  In a statement yesterday, the NRS said VAT has always applied to banking services and not newly introduced under the new Nigeria Tax Act. The statement signed by Dare Adekanmbi, […] The post NRS explains VAT charges on bank customers’ transactions appeared first on Vanguard News.

Flooding triggered by torrential rains in northeastern South Africa claimed at least 10 lives overnight and forced the closure of the iconic Kruger National Park, officials said Thursday.

By Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday said headline inflation rate fell by 2.18 percentage points  to  15.15 percent in December 2025 from 17.33 percent in November 2025. The NBS disclosed this in its Consumer Price Index (CPI), report for December 2025. Recall, early this week that the NBS adjusted its CPI methodology […] The post Inflation drops to 15.15%, as food inflation declines further appeared first on Vanguard News.

By Emeka Anaeto & Babajide Komolafe There are indications that the Federal Government is set for a major shift in its economic policy direction in 2026, focusing more on delivering tangible improvement in livelihood of citizens than in achieving positive macroeconomic figures. This formed the key content of the speech delivered by the Minister of Finance and […] The post 2026: FG to move away from macroeconomic figures to citizens welfare —Edun appeared first on Vanguard News.

The increased output from Dangote Refinery contributed to a rise in Nigeria’s total daily domestic PMS supply to 74.2 million litres in December, up from 71.5 million litres. The post Dangote Refinery’s domestic petrol supply rose sharply in December – NMDPRA appeared first on Premium Times Nigeria.

The Gambia opened its first trial Thursday against a member of the country's notorious "Junglers" paramilitary unit, which acted as a death squad under the reign of ex-dictator Yahya Jammeh.