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Nigerian superstar Davido has added another accolade to his collection, clinching the “Best International Act” title at the 2026 Liberian Entertainment Awards (LEA). The ceremony, held on April 25 at the Lisner Auditorium in Washington, DC, saw the singer triumph over a competitive field that included Tyla, Gunna, Rema, and Fridayy. This recognition serves as…
The Nigerian Naira began the final week of April with muted optimism, trading at 1,352.25 per US Dollar in the official market. This marginal gain signals a brief reprieve from last week’s volatility, where rates swung between 1,350 and 1,356. Institutional investors remain cautious, balancing macroeconomic signals against persistent liquidity constraints. The Central Bank continues…
The Nigerian Army has intensified its campaign against economic sabotage, dismantling 10 illegal refining sites across the Niger Delta. Between April 1 and April 26, 2026, troops confiscated over 156,000 litres of illicit product, comprising 130,000 litres of crude oil and 26,000 litres of diesel. These seizures, valued at approximately N250 million, represent a significant…
President Donald Trump escaped harm late Saturday after an armed assailant opened fire outside the Washington Hilton during the annual White House correspondents’ gala. Secret Service agents swarmed the ballroom to evacuate the president, the First Lady, and his Cabinet as gunshots echoed near the entrance. One Secret Service officer sustained a hit, though a…
Ukraine’s targeted long-range strike campaign against Russian energy infrastructure has significantly eroded Moscow’s oil revenues. Following intensified attacks beginning March 21, Russia’s crude exports reportedly fell by 300,000 barrels per day, with refined products dropping by an additional 200,000. President Volodymyr Zelenskyy estimates the losses at $2.3 billion for March alone, with April data suggesting…
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…
