Headlines
2026 World Cup Will Feature 48 Teams in 12 Groups, FIFA Confirms
The expanded 2026 men’s World Cup in North America will start with 12 groups of four teams in a change from the original planned format of 16 groups of three, football’s world governing body FIFA announced on Tuesday.
The next World Cup in the United States, Canada and Mexico will be the first to feature 48 teams, a sharp increase from the 32 sides at last year’s tournament in Qatar.
“The revised format mitigates the risk of collusion and ensures that all the teams play a minimum of three matches, while providing balanced rest time between competing teams,” FIFA said.
It means that there will be 104 matches, a huge rise compared to the 64 games played in the 2022 tournament and an increase even on the original plan that the 2026 World Cup would feature 80 matches.
FIFA’s initial plan for 2026 was for 16 groups of three teams, from which the top two countries would advance to the last 32.
The new decided format means the top two in each group will go through to the knockout round along with the eight best third-placed sides.
As a result, the finalists, and the teams finishing third and fourth, will play a total of eight games instead of the current seven.
The decision comes after a dramatic and entertaining group stage at the tournament in Qatar convinced FIFA that a rethink to its original 2026 blueprint was needed.
“The groups of four have been absolutely incredible until the last minute of the last match,” FIFA president Gianni Infantino said in December.
Tuesday’s decision was announced following a FIFA Council meeting in the Rwandan capital Kigali, at which it confirmed the next men’s World Cup final will be played on Sunday, July 19, 2026.
FIFA said that the total number of days between when clubs must stop playing and release players for international duty, and the final, would be 56, identical to the previous three tournaments.
Nevertheless the World Cup itself may be played over a longer period, after Qatar 2022 was held over just 29 days.
– Expanded Club World Cup –
Infantino is expected to be waved in for a new four-year term as president as he stands unopposed for re-election at Thursday’s FIFA Congress.
Expanding the World Cup had been a priority for Infantino following his election in 2016, when he took over from the disgraced Sepp Blatter at the head of world football.
The last World Cup in North America, in the United States in 1994, featured just 24 teams before it grew to feature 32 teams in France four years later.
The number of venues for the 2026 finals will double, from eight stadiums in Qatar last year to 16.
Eleven venues will be in the USA, with three in Mexico and two in Canada.
FIFA has projected a huge increase in revenues in the four-year cycle leading up to 2026, up to $11 billion from $7.5 billion in the four years up to 2022.
The body is also hoping that a new, expanded 32-team Club World Cup will boost revenues too.
FIFA said Tuesday the competition will start in June 2025 and will be held every four years with club rankings determining qualifiers.
However, an annual competition will also be held, similar to the existing seven-team Club World Cup which is to be discontinued after the 2023 edition.
The yearly competition will involve the six continental club champions and conclude with a final at a neutral venue between the winner of the UEFA Champions League and the winner of play-offs between the other teams.
The annual tournament was approved “given the need expressed by the confederations for the champions of their premier club competitions to play each other annually to stimulate competitiveness”, FIFA said.
Headlines
Trump Signs Spending Bill to End Longest Government Shutdown
US President Donald Trump has signed a federal spending bill, officially ending the longest government shutdown in American history.
The legislation, passed by the House of Representatives in a 222–209 vote, followed narrow approval in the Senate just two days earlier. The bill restores funding to federal agencies after 43 days of closure, bringing relief to millions of government employees and citizens affected by halted services.
Speaking after signing the measure on Wednesday night, Trump described the deal as a political victory, asserting that Democrats unnecessarily prolonged the shutdown.
“They didn’t want to do it the easy way. They had to do it the hard way, and they look very bad,” he said.
The temporary funding bill maintains government operations only through 30 January, creating a new deadline for lawmakers to negotiate a long-term budget solution.
As part of the agreement, Senate leaders committed to an early December vote on Obamacare subsidies, a key priority for Democrats during the shutdown standoff.
In addition to reopening federal offices, the bill provides full-year funding for the Department of Agriculture, military construction projects, and several legislative branch offices.
It also ensures retroactive pay for federal workers affected by the shutdown and allocates funding to the Supplemental Nutrition Assistance Program, SNAP, which helps about one in eight Americans access food.
The shutdown, which began in October, forced the suspension of many government services, leaving an estimated 1.4 million federal employees either furloughed or working without pay. It also disrupted food assistance programmes and caused widespread delays in domestic air travel.
With federal operations now resumed, attention in Washington has turned to whether Congress and the White House can reach a longer-term funding agreement before the new deadline at the end of January.
Headlines
FG Halts Planned 15% Import Duty on Diesel, Petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Thursday, announced discontinuation of the planned 15 per cent duty on imported petroleum products.
NMDPRA’s Director, Public Affairs Department, George Ene-Ita, conveyed the development in a statement while warning the public to shun panic buying.
President Bola Tinubu, on October 29, approved an import tariff on petrol and diesel, a policy expected to raise the landing cost of imported fuel.
The President’s approval was conveyed in a letter signed by his Private Secretary, Damilotun Aderemi, following a proposal submitted by the Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji.
The proposal sought the application of a 15 per cent duty on the cost, insurance, and freight value of imported petrol and diesel to align import costs with domestic market realities.
Implementation was slated to take effect on November 21, 2025.
The policy aimed to protect and promote local refineries like the Dangote Refinery and modular plants by making imported fuel more expensive.
While intended to boost local production, it is also expected to increase fuel costs, which could lead to higher inflation and transportation prices for consumers.
Experts have argued that the move could translate into higher pump prices for consumers, with some estimating an increase of up to N150 per litre or more.
In an update, however, NMDPRA said the government was no longer considering going ahead with implementing the petrol import duty.
“It should also be noted that the implementation of the 15% ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer in View,” the statement read in part.
Meanwhile, the NMDPRA also assured all that there is an adequate supply of petroleum products in the country, within the acceptable national sufficiency threshold, during this peak demand period.
“There is a robust domestic supply of petroleum products (AGO, PMS, LPG, etc) sourced from both local refineries and importation to ensure timely replenishment of stocks at storage depots and retail stations during this period.
“The Authority wishes to use this opportunity to advise against any hoarding, panic buying or non-market reflective escalation of prices of petroleum products.
“The Authority will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply and distribution of petroleum products across the country, especially during this peak demand period.
“While appreciating the continued efforts of all stakeholders in the midstream and downstream value chain in ensuring a smooth and uninterrupted supply and distribution, the public is hereby assured of NMDPRA’s commitment to guarantee energy security,” the statement added.
Headlines
Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit
The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.
The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.
The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.
This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).
In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.
President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.
The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.






