Oil prices fell on Wednesday amid expectations of a surge in supply after United States President Donald Trump said Venezuela would hand over up to 50 million barrels of crude to the US. According to oilprice.com, Venezuela and the United States reached a deal under which authorities in the South American country would agree to […]
Togo, Niger, and Benin owe Nigeria $17.8m, an equivalent of over N25bn at the current exchange rate, for electricity supplied under bilateral arrangements, the Nigerian Electricity Regulatory Commission has said. In its Third Quarter 2025 report, NERC disclosed that the three international customers were invoiced a total of $18.69m by the Market Operator for electricity […]
President Faustin-Archange Touadera has won the third term he sought after a 2023 constitutional referendum scrapped term limits and extended presidential terms to seven years. He was declared the election winner, with 76.15 percent of the vote in the first round, by the National Elections Authority (ANE). Opponents Anicet-Georges Dologuélé received 14.6 percent of the […]
Kaduna-based Islamic cleric, Sheikh Ahmad Gumi, has denied claiming that he was targeted for elimination by the United States during its recent airstrikes on terrorists in Sokoto State. Gumi explained that a viral old video in which he once raised the alarm over a threat to his life referred to the Boko Haram sect, which […]
Russian missile and drone attacks struck Ukraine in the early hours of Monday, killing two people in the Kyiv region and injuring several others, according to local authorities. The bombardment came on the eve of a diplomatic summit in France, where European leaders are expected to discuss a potential peace plan. Air raid sirens sounded […]
The Human Rights Writers Association of Nigeria (HURIWA) has urged Nigeria’s intelligence community and the armed forces to adopt techniques similar to those used by the Army in Borno State, or more advanced intelligence-led strategies, to apprehend kidnappers before they negotiate and collect ransoms from victims’ relatives. The group called on the Minister of Defence, […]
Concerns previously raised over discrepancies between Nigeria’s newly gazetted tax reform laws and the versions passed by the National Assembly have now been reinforced by the release of Certified True Copies (CTCs) by the National Assembly. The CTCs set out, in clear terms, the provisions approved by lawmakers and provide authoritative documentary evidence of what […]
President Bola Ahmed Tinubu sends heartfelt congratulations to Alhaji Abba Kabir Yusuf, Governor of Kano State, on his 63rd birthday on January 5, 2026. The President highlights Governor Yusuf’s integrity, modesty, humility and commitment to public service, exemplified in his administration of Kano State. Yusuf was elected governor of Kano in 2023 on the New […]
President Bola Tinubu has ordered a manhunt for the terrorists responsible for a deadly attack on communities in Niger State that left more than 40 people dead and many others abducted. In a statement on Sunday personally signed by him, the President said he had directed the Minister of Defence, the Chief of Defence Staff, […]
Geopolitical developments in Venezuela and the prospect of a major rattle in global oil supply dynamics could exert downward pressure on crude prices and ultimately stress-test the Federal Government’s N58.18 trillion 2026 spending plan. The crisis, which has triggered a review of projections across key markets and put enormous pressure on the crude market, is […]
