The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million barrels per day (bpd) by 2030, if investment in the global upstream industry stops. OPEC also said that global cumulative oil-related investments of 17.4 trillion dollars are required by 2050 to meet up the energy demand….
The Federal Government has reaffirmed its commitment to leading the global fight against Antimicrobial Resistance (AMR). The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, made the commitment on Tuesday in Abuja at the inaugural meeting of the Ministerial Advisory Committee on AMR. He described AMR as a major threat to global health,…
No fewer than 50,000 Nigerians have tested positive for tuberculosis (TB), following the increased screening efforts nationwide, Global Fund, an international NGO has said. The Fund, however, said that many of those affected had yet to be placed on treatment, raising concerns about the country’s ability to contain the disease and prevent further transmission. Mr…
Students from St. John Vianney Science College in Anambra State have taken the top prize at the maiden UK-Nigeria Virtual Debate Championship, triumphing over international peers in a spirited display of intellect and eloquence. The competition, conducted virtually on Thursday, was a joint initiative between UK-based Debate Mate and the African educational organisation Bring-It-On Africa….
A revolutionary new HIV prevention drug, Yeztugo, is being celebrated as a potential game-changer in the global fight against HIV. But healthcare experts warn that its high cost could prevent millions from accessing the lifesaving treatment. The injectable medication, known scientifically as Lenacapavir, has been approved by the U.S. Food and Drug Administration (FDA) for…
Air Peace, Nigeria’s largest private airline, is set to launch direct flights from Abuja to London Heathrow beginning 26 October, following clearance from UK authorities. The move marks a major boost for Nigeria’s aviation industry and is part of the airline’s growing international expansion. Speaking at a media briefing in Lagos, the airline’s chairman, Dr…
The World Bank has sharply downgraded its forecast for global economic growth in 2025, citing intensifying trade frictions and prolonged policy uncertainty as key obstacles to economic recovery. In its latest Global Economic Prospects report, the Bank predicts global GDP will expand by just 2.3% next year — a marked slowdown and the weakest pace…
World leaders have pledged an additional 170 million dollars to the World Health Organisation (WHO) during a high-level pledging event at the 78th World Health Assembly in Geneva. In a statement issued by WHO on Wednesday, the contributions were made in support of WHO’s ongoing Investment Round (IR), aimed at addressing rising global health challenges….
The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured for the first time, a first-line HIV treatment manufactured in Africa. The life-saving antiretroviral drugs were produced by a Kenyan pharmaceutical company and recently delivered to Mozambique. Ms. Hui Yang, Head of Supply Operations at the Global Fund, made this known in a statement…
The International Monetary Fund (IMF) has projected that global growth will decline to 2.8 per cent in 2025, as significant policy shifts continue to unfold across the world. This projection is contained in the IMF’s latest World Economic Outlook (WEO) Update for April 2025, titled “A Critical Juncture Amid Policy Shifts”, released on Tuesday. According…
