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The Dangote Petroleum Refinery has pledged to prioritise the Nigerian market as a surge in Middle Eastern hostilities sends global energy prices into a tailspin. In a statement released this week, the firm confirmed it is absorbing a portion of rising costs to shield domestic consumers from the full impact of the crisis. While benchmark…
The assassination of Iran’s Supreme Leader has plunged global markets into a “prolonged period of flux,” the head of the IMF warned on Thursday. Kristalina Georgieva told the “Asia in 2050” conference in Bangkok that the escalating conflict between Iran, Israel, and the United States is a severe test of global economic resilience. Brent crude…
Nigerian households are facing a sharp increase in energy costs as the escalating US-Israel-Iran war disrupts global natural gas production and shipping. Local depot owners raised the price of Liquefied Petroleum Gas (LPG) by an average of ₦100 per kilogram on Tuesday. Major distributors, including Nipco Plc and Navgas Limited, have adjusted their rates to…
The Dangote Petroleum Refinery has raised its petrol ex-depot price by 100 Naira, taking the rate from 774 Naira to 874 Naira per litre. Management implemented the change on Monday following a sharp rise in global crude oil prices, which surged past the $80 per barrel mark overnight. The refinery briefly suspended petrol loading at…
Several American warplanes crashed in Kuwait on Monday morning during a third day of Iranian retaliatory strikes across the Gulf. The Kuwaiti Ministry of Defence confirmed that all crew members survived and are currently in stable condition at a local hospital. Authorities have launched an investigation into the cause of the crashes, which occurred amid…
Victor Osimhen has explained his “strange” decision to reject the captain’s armband during Galatasaray’s 3-1 win over Antalyaspor. In a move that startled spectators on Sunday, 1 March 2026, the Nigerian striker refused the leadership role after stand-in captain Lucas Torreira was substituted in the 79th minute. With club captain Mauro Icardi on the bench…
Derby County revived their play-off ambitions with a spirited second-half comeback to defeat Blackburn Rovers 3-1 at Pride Park. After trailing at the break, the Rams produced a clinical forty-five minutes to leave the visitors mired in relegation trouble. The turnaround was spearheaded by Ben Brereton Diaz, who found the net against his former employers,…
Cristiano Ronaldo has transitioned from the pitch to the boardroom by becoming a co-owner of UD Almeria. The 41-year-old forward purchased a 25% share in the Spanish second-division club through his new firm, CR7 Sports Investments. This move aligns the Al-Nassr captain with a Saudi Arabian investment consortium led by Mohammed Al-Khereiji. While the price…
LAGOS — A dark Monday on Nigerian highways has claimed nine lives following two separate, devastating heavy-duty truck accidents. In Niger State, five travelers died instantly, while four others, including a traffic officer, perished in Lagos. The accidents left over twenty people with severe injuries, who are currently receiving emergency care at various government hospitals….
LONDON — Nigeria’s creative vanguard has secured a historic sweep at the 2026 BAFTA Awards, signaling a new era for African cinema. Leading the charge, Wunmi Mosaku clinched the Best Supporting Actress trophy for her compelling performance in the film “Sinners.” Simultaneously, the British Academy honored the sibling duo of Akinola Davies Jr. and Wale…
