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Sokoto health officials have confirmed that 33 children died following an outbreak of cerebrospinal meningitis. The state recorded 256 suspected cases across eight local government areas since the disease resurfaced last month. Sabon Birni is the worst hit with 63 cases, followed closely by Wamakko and Shagari. Most deaths occurred at home because parents initially…
The Nigerian naira maintained a cautious equilibrium against the United States dollar on Tuesday, trading at ₦1,374 in the official market. This relative stability reflects a central bank determined to pin the currency within a narrow band, even as the broader economy chafes under dollar scarcity. While the official window saw trades fluctuate between ₦1,362…
Seven heavyweights of the OPEC+ alliance will add 188,000 barrels per day to the global market in June. Saudi Arabia and Russia led the group in a virtual meeting on May 3 to tweak supply levels. This small increase forms part of a wider effort to unwind voluntary cuts first made in 2023. The move…
Nigerian telecom operators are refusing to budge on the contentious N6.98 fee for bank transactions and data expiration rules. Gbenga Adebayo, chairman of the Association of Licensed Telecommunications Operators of Nigeria, argues that providers must get paid for every connection attempt. He compares his members to taxi drivers who expect a fare even if the…
The state oil firm and private retailers in Abuja have raised petrol prices again, pushing the cost of a litre toward 1,500 Naira. This latest adjustment follows a year of relentless volatility that has left the capital city with empty roads and crowded bus stops. National oil company outlets now sell fuel at 1,364 Naira,…
The Pentagon has ordered 5,000 American soldiers to leave Germany within the next year. Defense Secretary Pete Hegseth confirmed the move on Friday as relations between Washington and Berlin reach a new low. This withdrawal serves as a blunt instrument of foreign policy in an era where loyalty is measured by trade compliance and military…
Nigeria’s organised labour marked the 2026 May Day celebrations with a grim assessment of the national economy. Leaders of the Nigeria Labour Congress and the Trade Union Congress warned that rampant insecurity and deepening poverty now act as a blockade to decent work. When citizens cannot travel safely, markets fail. Agricultural output has stalled because…
Nigeria’s House of Representatives has lost patience with the country’s electricity distribution companies. Lawmakers directed eleven DISCOs on Thursday to refund ₦55.42 billion to the Central Bank of Nigeria. The money was originally a loan under the National Mass Metering Programme to fix a broken billing system. That programme began in 2020 but has failed…
The Supreme Court has stripped the Peoples Democratic Party of its legal footing by nullifying the national convention held in Ibadan last November. In a split decision delivered on Thursday, the court declared the entire exercise void. This ruling effectively decapitates the current party leadership. It also plunges the main opposition into a fresh constitutional…
The Iranian rial has plummeted to a record low of 1.81 million to the US dollar as a tightening US naval blockade cripples the nation’s economy. While the currency saw a brief, minor recovery from its intraday trough, the trajectory remains catastrophic. Just one year ago, the rial traded at roughly 811,000 per dollar. This…
