More than 100 diplomats and security chiefs are set to descend on the Nigerian capital, Abuja, for a high-level summit aimed at tackling the “state-sponsored fake news” that is currently destabilising global energy markets.

The Diplomatic Correspondents Association of Nigeria (DICAN) announced on Thursday that the European Union, ECOWAS, and dozens of international intelligence agencies have confirmed their participation in the 20th May conference at the Ministry of Foreign Affairs.

The summit, titled “Collaborative Truth,” comes at a volatile moment for the global economy, as the ongoing conflict in the Gulf and the closure of the Strait of Hormuz continue to drive oil prices toward record highs.

The rise of ‘FIMI’

The central theme of the Abuja talks is Foreign Information Manipulation and Interference (FIMI). Security experts warn that “information warfare” is now being used by state actors as a deliberate tool to trigger panic in commodity markets and disrupt international trade routes.

“Collaborative truth is essential for de-escalation,” noted DICAN Chairman Idehai Frederick. He argued that the trio of diplomacy, intelligence, and the media must work together to separate wartime propaganda from reality if global market stability is to be restored.

Key objectives for the Abuja Summit:

• Countering Disinformation: Stopping the spread of state-sponsored narratives that exacerbate Middle Eastern tensions.
• Investor Confidence: Creating a transparent information environment to protect international investments from “volatility spikes.”
• Diplomatic Intelligence: Using verified data to create a foundation for peaceful negotiations in the Gulf.

Analysis: Nigeria as a ‘Neutral Hub’

By hosting this conference, Nigeria is positioning itself as a central hub for discussing the intersection of national security and global economic stability. As a major energy producer itself, Nigeria has a vested interest in ensuring that “information manipulation” does not lead to a permanent collapse of the global trade outlook for 2026.

For the EU and ECOWAS, the Abuja summit represents an opportunity to build a “firewall” against the kind of digital interference that has recently plagued democratic processes and regional security pacts across West Africa and Europe.

In a world where a single viral “fake news” report can add $10 to the price of a barrel of oil in minutes, the delegates in Abuja will be looking for more than just rhetoric—they will be looking for a coordinated, global strategy to hit back at the architects of information warfare.