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Soldiers of the Northeast Joint Task Force killed 24 Boko Haram fighters in Yobe State yesterday. The insurgents attempted to overrun the Kukareta community along the Damaturu–Maiduguri road during the early morning hours. Troops of Sector 2 responded with a swift offensive, forcing the attackers into a chaotic retreat. The military continues to scan the…
Assad Hassan, the national coordinator for the World Bank-backed HOPE Governance Programme, has issued a sharp rebuke to Nigerian state governments regarding the use of concessional loans. He warns that states must build robust institutions rather than view international funding as a temporary windfall. Reform cycles often stall once external capital dries up. Nigeria now…
Nigeria’s maritime sector faces an existential threat as neighbouring ports in the Benin Republic and Togo attract an increasing share of regional trade. A new policy advisory from the Sea Empowerment & Research Center (SEREC) warns that persistent operational rot is driving cargo away from Nigerian shores. While customs revenue grew by 12 to 18…
Global oil prices tumbled on Friday after Iran declared the Strait of Hormuz open to commercial shipping. The cost of Brent crude dropped to $88 a barrel from a peak of $98 earlier in the day. Markets reacted with optimism as the bottleneck for one fifth of the world’s oil supply appeared to loosen. This…
Moscow launched a massive aerial assault on its neighbour overnight, killing at least 12 people in a series of coordinated drone and missile strikes. The southern port city of Odesa bore the heaviest toll, where local authorities confirmed six fatalities following the bombardment. In the capital, Kyiv, rescuers recovered the bodies of four victims, including…
US President Donald Trump has warned that the existing trade agreement with the United Kingdom “can always be changed,” castigating Prime Minister Sir Keir Starmer for failing to support American military efforts. In a blunt interview with Sky News on Wednesday, Trump suggested the current deal was a concession he did not have to make….
The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 4.3 per cent in 2027. This forecast, contained in the latest World Economic Outlook, represents a 0.2 per cent upgrade from the 4.1 per cent growth estimated for 2026. While the numbers suggest a domestic recovery, the IMF warned that global economic…
A high-stakes diplomatic effort to end the war between the United States and Iran has collapsed in Islamabad without a deal. The failure of the summit, mediated by Pakistan, leaves the Middle East in a state of precarious ceasefire. Following hours of negotiations, US Vice President JD Vance confirmed that no agreement was reached. He…
Escalating violence across the Middle East has forced more than four million people from their homes and crippled the regional healthcare infrastructure. The World Health Organisation (WHO) warned on 9 April that the humanitarian crisis is deepening as medical facilities face deliberate strikes. Iran and Lebanon bear the brunt of the displacement, with 3.2 million…
Nigerian electricity distribution companies (DisCos) collected N204.74 billion from consumers in January 2026, despite a near-collapse of the national grid. Data from the Nigerian Electricity Regulatory Commission (NERC) reveals that revenue remained high even as power supply plummeted to roughly 2,000 megawatts. This paradox was driven by a debt crisis between gas suppliers and generation…
