Morning recap: Nigeria and world news you should know today

Nigeria wakes up to major security concerns, fresh economic data, and political developments, while globally, markets react to uncertainty as world leaders gather in Davos. Here are the top stories shaping today.

Nigeria news

Kaduna church attacks: over 160 worshippers abducted
Gunmen have abducted more than 160 worshippers during attacks on churches in Kaduna State, sparking renewed outrage over insecurity in northern Nigeria. Security agencies say operations are ongoing, but families are still awaiting news of their loved ones.

Naira stable as trading opens
The naira opened trading today with relative stability, exchanging around ₦1,417–₦1,420 to the dollar at the official market, as investors continue to assess recent economic reforms.

Non-oil exports hit $6.1bn in 2025
Nigeria recorded $6.1 billion in non-oil export earnings in 2025, reflecting growing diversification efforts away from crude oil, according to new data released today.

NNPP disowns planned INEC protest
The New Nigeria Peoples Party has denied involvement in a protest scheduled for today against INEC, distancing itself from organisers it described as impostors.

Gas exports rise 12%
Nigeria’s gas exports rose by 12% to over 101 billion cubic feet, valued at about ₦482 billion, strengthening the country’s position in the global energy market.

International news

Davos 2026 opens amid global uncertainty
World leaders and top executives have gathered in Switzerland as the World Economic Forum opens today, with global inequality, trade tensions, and economic instability dominating discussions.

Global markets slip on geopolitical concerns
Stocks fell and the dollar weakened as investors reacted to fresh geopolitical tensions and trade uncertainty, with markets showing caution at the start of the week.

Australia passes tougher gun laws
Australia’s parliament has approved stricter gun control and hate crime legislation following recent deadly attacks, marking one of the country’s most significant security reforms in years.

Floods displace thousands in Mozambique
Severe flooding has forced thousands of residents to flee their homes, cutting off communities and prompting emergency responses across the country.

That’s your morning recap.
Stay with thewatch.ng for updates as these stories continue to develop.

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