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Two people are dead, and several others are injured following a violent pile-up at the Soka Junction on the Ibadan-Lagos Expressway. The Oyo State Police Command confirmed the accident occurred late Saturday night, April 4, around 10:10 pm. A speeding heavy-duty truck lost control and ploughed into a crowd of pedestrians and stationary cars. The…
Oil prices are flirting with a four-year high as OPEC+ struggles to bridge a massive supply chasm. Eight member nations agreed on Sunday to raise production quotas by a modest 206,000 barrels per day for May. The move is largely symbolic. Ongoing hostilities between Israel, the United States, and Iran have effectively choked the Strait…
A Russian drone strike on a busy market in Nikopol killed five people and injured at least 19 others on Saturday morning. The attack occurred at approximately 09:50 local time, shredding retail kiosks and scattering food and glass across the town’s commercial centre. Nikopol, which sits directly across the Dnipro river from Russian-occupied territory, has…
Werder Bremen manager Daniel Thioune is preparing to move Felix Agu into a more offensive position for the upcoming clash against RB Leipzig. The 26-year-old, traditionally a full-back, has impressed the coaching staff during training with his finishing and involvement in attacking sequences. Thioune confirmed that the tactical shift is a calculated attempt to exploit…
The Nigerian Communications Commission (NCC) has unveiled a strategic roadmap to expand internet access to 230 million subscriptions by 2030. This ambitious target relies on the densification of 5G networks, the adoption of the Internet of Things (IoT), and a surge in satellite connectivity. The 2026–2030 spectrum plan aims to overhaul a digital infrastructure that…
The global appetite for Nigerian bank stocks is returning. The Central Bank of Nigeria (CBN) has revealed that offshore sources provided 28% of the total funds raised in the ongoing bank recapitalisation exercise. Hakama Sidi-Ali, the CBN’s Acting Director of Corporate Communications, shared these figures on Friday at the Enugu International Trade Fair. She argued…
Nigeria has effectively ended the era of fiscal dominance. Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, announced on Thursday that the federal government’s “Ways and Means” debt has crashed to N2.84 trillion. This represents a massive reduction from the N26.95 trillion inherited by the current administration. Speaking at the Monetary Policy Forum in Abuja,…
The European Union has unveiled a €372 million financial package to bolster Nigeria’s agriculture and digital infrastructure. Announced at the 8th Nigeria–EU Ministerial Dialogue in Abuja, the deal marks a significant expansion of the EU’s “Global Gateway” initiative. The funding combines €66 million in direct grants with €221 million in concessional loans and a targeted…
A United States court has sentenced James Junior Aliyu, a 30-year-old Nigerian national, to seven-and-a-half years in federal prison for orchestrating a massive business email compromise scheme. Aliyu, who was extradited from South Africa, led a syndicate that intercepted corporate communications to divert millions of dollars. Beyond the 90-month sentence, the court slapped him with…
The Guinea Football Federation has formally petitioned the Confederation of African Football (CAF) to retrospectively award it the 1976 Africa Cup of Nations (AFCON) title. This unprecedented move follows a landmark ruling on Tuesday, 17 March 2026, which stripped Senegal of the 2025 AFCON trophy. CAF recently awarded the 2025 championship to Morocco after concluding…
