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The Nigerian equities market closed the first week of March 2026 on a bullish trajectory, as the All-Share Index (ASI) surged 2.14% week-on-week to settle at an all-time high of 196,968.15 points. This rally, which added approximately ₦2.67 trillion to investor wealth, was primarily fueled by a dramatic spike in global crude oil prices. As…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has attributed the latest surge in fuel pump prices to the “vagaries of market forces” following the escalation of the US-Israel-Iran war. NMDPRA spokesperson George Ene-Ita stated on Sunday that under the current deregulated regime, the government no longer dictates prices. Instead, local costs are directly…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed fears of a fiscal collapse, describing Nigeria’s current economic turbulence as a necessary “fiscal correction.” In a detailed brief released on Friday, Edun argued that the administration is prioritising long-term sustainability over “short-term illusion.” The document, aimed at deepening public understanding…
Nigeria’s pension industry has opened 2026 with a formidable expansion, as total assets hit N28.04 trillion by the end of January. This represents a 22.64% increase from the N22.86 trillion recorded the previous year. The industry added N580 billion in value in a single month, a growth spurt driven by both consistent contributions and robust…
Members of the Islamic Movement in Nigeria (IMN) staged coordinated protests across Gombe, Bauchi, and Kano states on Sunday. The demonstrations follow unconfirmed reports of an attack on Iran’s Supreme Leader, Ayatollah Ali Khamenei, amid the widening Middle East conflict. Dozens of supporters marched through major northern metropolises, carrying placards and chanting slogans of solidarity…
Two armed groups operating in Nigeria’s North-East recruited more than 1,120 children as fighters and sex slaves in 2024, according to UNICEF. The figure, disclosed on Wednesday in Maiduguri to mark the International Day Against the Use of Child Soldiers, breaks down to 525 boys and 595 girls taken across Borno, Adamawa, and Yobe states….
The Islamic Republic of Iran is reeling from a massive security failure that has claimed its most senior leaders. On Saturday, February 28, a coordinated wave of US and Israeli airstrikes targeted Tehran, killing Supreme Leader Ayatollah Ali Khamenei and former President Mahmoud Ahmadinejad. Reports indicate that Ahmadinejad, who was under house arrest, died when…
President Bola Tinubu has approved a fresh five-year term for Ahmed Abubakar Audi as the Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC). The reappointment, effective from Friday, 27 February 2026, ensures continuity at the helm of the paramilitary agency. Audi was first appointed to the role in 2021 by former President Muhammadu…
The battle between Nigeria’s aviation sector and its competition regulator has escalated following a damning interim report. The Federal Competition and Consumer Protection Commission (FCCPC) claims it has uncovered patterns of “price manipulation” among domestic airlines during the 2025 festive season. In response, the Airline Operators of Nigeria (AON) has dismissed the findings as the…
On February 24th, a 32-year-old man in Gig Harbor, Washington, killed four people with a knife before a sheriff’s deputy killed him. The slaughter occurred in the three-minute interval between a 911 call and the arrival of the first responder. Yet the tragedy began nearly an hour earlier when deputies realized a no-contact order…
