Global wine consumption fell in 2025 as economic pressure, shifting lifestyles and changing consumer habits weighed on demand, the industry’s trade body said on Tuesday. The International Organisation of Vine and Wine (OIV) said in its annual review that the sector faced “a combination of climatic variability, softer demand and rising trade uncertainty” in 2025....
Author: David Taylor (David Taylor)
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FCCPC Backs Lagos Electricity Reforms Targeting Estimated Billing
The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday praised reforms introduced by the Lagos State Electricity Regulatory Commission (LASERC) aimed at reducing estimated billing and strengthening consumer protection in Lagos’ electricity market. In a statement signed by FCCPC Director of Corporate Affairs Ondaje Ijagwu, the commission said the reforms, outlined in LASERC’s 2025...
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Pentagon Says Iran War Cost Nears $29 Billion
The Pentagon said on Tuesday the cost of the war with Iran had risen to nearly $29 billion, as President Donald Trump faced growing criticism over the conflict’s financial burden and its effect on U.S. military readiness. The updated figure, disclosed during a Capitol Hill budget hearing, was roughly $4 billion higher than the Pentagon’s...
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Shettima Celebrates Fasoranti At His Centenary Birthday In Akure
Nigerian Vice President Kashim Shettima on Monday represented President Bola Tinubu at the 100th birthday celebration of Afenifere leader Reuben Fasoranti in Akure, Ondo State, where he praised the elder statesman’s contributions to national unity, democracy and justice. Shettima described Fasoranti as a steadfast advocate for the unity of Nigeria and the dignity of its...
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NSCDC Arrests Foreign Nationals In Lagos Over Suspected Recruitment Scheme
Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) in Badagry, Lagos State have uncovered a suspected cross-border recruitment and network marketing syndicate following the arrest of 21 foreign nationals allegedly linked to a fraudulent scheme. CityMood Badagry reports that the NSCDC said the arrests followed a complaint lodged on May 6, 2026, by...
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Nigeria Customs CG Pushes Regional Modernisation At WCO Conference
Nigeria’s Comptroller-General of Customs, Adewale Adeniyi, reaffirmed the country’s commitment to regional modernisation and cooperation during the 32nd Conference of Directors-General of Customs for the West and Central Africa region held in Freetown, Sierra Leone. Adeniyi, who also chairs the World Customs Organisation (WCO) Council, said Nigeria’s leadership role within the region was rooted in...
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Starmer Faces Mounting Pressure After Labour Election Losses
British Prime Minister Keir Starmer on Monday vowed to prove his critics wrong after heavy losses for his ruling Labour Party in local and regional elections triggered growing calls for him to resign. More than 50 Labour lawmakers, including three government aides who quit their posts, urged Starmer to step down, questioning his ability to...
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Luftansa Places Order For Aircrafts
German airline group Lufthansa said Monday it had placed an order for 10 Airbus and 10 Boeing long-haul aircraft worth a total of $7.7 billion at list prices. Chief executive Carsten Spohr said in a statement that the order of the A350-900s and Boeing 787-9s aircraft “is a clear commitment to a modern fleet, to...
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Lagos To Launch State Driver’s Licence
The Lagos State Government said on Monday it would introduce a state-issued driver’s licence within weeks in collaboration with the federal government to improve road safety and service delivery. Lagos Commissioner for Transportation, Mr Oluwaseun Osiyemi, disclosed this during the 2026 Lagos State Ministerial Press Briefing marking Governor Babajide Sanwo-Olu’s third year of his second...
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Nigeria Mandates Student Drug Tests, Suspensions For Repeat Offenders
The Nigerian government has introduced compulsory drug testing for secondary school students and temporary suspension for those who repeatedly test positive after treatment and rehabilitation. This was revealed in a new national guidelines by the federal ministry of education aimed at curbing substance abuse in schools. The measures are contained in the National Implementation Guidelines...