Petrol Prices Near N1,000 as NNPC Adjusts Pump Price
On Wednesday, March 4, 2026, the Nigerian National Petroleum Company Limited (NNPC) adjusted its pump…
Petrol Prices Near N1,000 as NNPC Adjusts Pump Price
On Wednesday, March 4, 2026, the Nigerian National Petroleum Company Limited (NNPC) adjusted its pump price to ₦937 per litre, while major independent marketers like Petrocam and Javy followed suit, pricing the product at ₦935 and ₦930, respectively. The price hike is being driven by the escalating war between the United States, Israel, and Iran,…
NiMET Laments Zero Federal Funding Amid Climate-Health Push
The Nigerian Meteorological Agency (NiMET) has disclosed a total lack of federal budgetary support, revealing that its statutory operations are funded entirely through Internally Generated Revenue (IGR). Despite this fiscal drought, the agency reaffirmed its commitment on Wednesday to building a climate-resilient health system. Speaking at the “Wiser-Health” workshop in Lagos, Director of Research and…
El-Rufai Claims Persecution Over Opposition Role
Nasir El-Rufai, the former governor of Kaduna State, has branded the ongoing corruption probe against him a “political witch-hunt” triggered by his membership in the opposition African Democratic Congress (ADC). In written statements submitted to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) last month, El-Rufai alleged that his investigation is a direct…
US Embassy Cancels Abuja Visa Appointments Amid Iran Conflict
The United States Embassy in Abuja has cancelled all visa appointments scheduled for Wednesday, 4 March 2026, citing “high potential” for violent protests. This precautionary measure follows the reported death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, during joint US-Israeli airstrikes over the weekend. American citizens residing in the Federal Capital Territory have been strongly…
State VAT Windfall Hits N551bn as New Tax Laws Take Effect
In a definitive shift for Nigeria’s fiscal federalism, the 36 state governments saw their share of Value Added Tax (VAT) soar to ₦551.77 billion in January 2026. This represents a 30.4% increase from the previous month and marks the first distribution under the Nigeria Tax Act 2025. Under the new framework, the Federal Government’s take…
Manufacturing and Mining Lead N2.96trn Tax Haul
Nigeria’s treasury grew by N2.96 trillion in the third quarter of 2025 through Company Income Tax. According to the National Bureau of Statistics (NBS), the Q3 figure represents an eight percent increase from the N2.78 trillion recorded in the second quarter of 2025. Local businesses provided N920.91 billion of this sum while foreign firms contributed…
Euracare Defends Suspended Doctors in Adichie Son’s Death Probe
Euracare Multi-Specialist Hospital has publicly defended the professional conduct of its medical director and two other doctors facing interim suspension over the death of 21-month-old Nkanu Nnamdi Esege, the son of renowned author Chimamanda Ngozi Adichie, while raising serious concerns about procedural irregularities and confidentiality breaches during the regulatory investigation. The Medical and Dental…
World Bank Warns: 800M Job Gap Threatens Global Security
The World Bank has projected that Nigeria and other developing economies may face a jobs deficit of approximately 800 million positions over the next decade and a half, as rapidly expanding youth populations outpace the creation of formal employment opportunities in a trend the institution describes as a looming national security threat. In an analysis…
“Don’t Care”: Trump on Iran’s 2026 WC Amid Strikes
United States President Donald Trump has declared he is unconcerned about whether the Iranian national football team participates in the 2026 FIFA World Cup, as escalating military conflict in the Middle East throws Tehran’s involvement into serious doubt. In an interview with Politico on Tuesday, President Trump was unequivocal when asked about Iran’s place in…
Telcos Target Affordable Smartphone to Close Africa’s Digital Divide
A coalition of Africa’s largest mobile operators, the “G6,” has unveiled a plan to pilot entry-level 4G smartphones priced at approximately ₦56,000 ($40) by 2026. The initiative, coordinated by the GSMA, aims to break the primary barrier to internet adoption in Nigeria and five other African nations: Rwanda, the DRC, Ethiopia, Tanzania, and Uganda. Despite…