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The war in Lebanon has claimed its most high-profile media casualties to date. Three Lebanese journalists were killed on Saturday when Israeli missiles struck their clearly marked press vehicle on the Jezzine Road in southern Lebanon. The victims were identified as Fatima Ftouni and her brother Mohammed, both of Al Mayadeen, and Ali Shuaib, a…
The global energy artery is narrowing. Iran’s Revolutionary Guards (IRGC) announced on Friday that they had intercepted and turned back three container ships attempting to transit the Strait of Hormuz. In a statement published on their official Sepah News website, the Guards declared the strategic waterway closed to any vessel travelling to or from ports…
The Nigerian equities market retreated on Wednesday as a wave of profit-taking in banking heavyweights halted a recent rally. The All-Share Index (ASI) shed 37 basis points to close at 200,925.75 points, wiping ₦476.73 billion off the total market value. While the year-to-date return remains a healthy 29.12 percent, the session’s bearish turn suggests that…
Belarusian President Alexander Lukashenko arrived in Pyongyang on Wednesday for his first official visit to North Korea, a move designed to formalise a burgeoning strategic axis. United by heavy Western sanctions and their mutual roles as primary enablers of Russia’s war in Ukraine, the two leaders are expected to sign a “treaty of friendship” and…
Nigerians lost ₦12.5 billion to telecommunications fraud between 2019 and early 2023, according to a new report by PwC. This figure underscores the growing vulnerability of the country’s digital infrastructure as it becomes the primary gateway for financial services. Globally, the sector is reeling from losses exceeding $38.9 billion. The report warns that the rise…
The American dollar surged on Monday as investors abandoned riskier assets following a sharp escalation in the conflict between Israel, the United States, and Iran. Demand for safe-haven assets rose after hopes for a weekend de-escalation evaporated, amid fresh threats of infrastructure strikes. The dollar index climbed 0.29% to 99.83, reversing a brief period of…
The National Drug Law Enforcement Agency (NDLEA) has issued a stern warning to travellers after intercepting major drug consignments concealed in everyday items. In operations at the Murtala Muhammed International Airport (MMIA) in Lagos and a local courier firm, officers discovered narcotics hidden inside body cream containers, winter jackets, and even the double walls of…
President Bola Tinubu has urged Nigerians to stop treating national security as a spectator sport. Speaking at the Dodan Barracks in Lagos after Eid-el-Fitr prayers, the president argued that peace is not a one-man job. He told the public that the government and security agencies cannot secure the country alone. The timing was pointed. It…
Nigeria faces a fresh round of fuel queues and price hikes due to a breakdown in crude supply to domestic refineries. The House of Representatives Committee on Petroleum Resources (Downstream) issued the warning on Thursday after conducting oversight in Abuja. Lawmakers identified a widening gap between the crude required by the Dangote refinery and what…
A Federal High Court in Lagos has convicted ten Filipino sailors and their merchant vessel, MV Nord Bosporus, for trafficking 20 kilogrammes of cocaine into Nigeria. Justice Ayokunle Faji delivered the judgment on Wednesday, 18 March 2026, imposing a cumulative fine of $6 million alongside N1.1 million in statutory penalties. The conviction follows a plea…
