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Global oil prices dropped sharply and stock markets rallied on Wednesday after reports emerged that the United States had transmitted a peace proposal to Iran, while Tehran announced it would allow vessels it deemed non-hostile through the Strait of Hormuz, offering the first concrete signs that nearly four weeks of conflict could be winding…
The Independent National Electoral Commission has unveiled a draft set of political party regulations ahead of the 2027 general elections, triggering criticism from political parties and cautious reactions from civil society groups. The draft Regulations and Guidelines for Political Parties, 2026 were presented on Monday during a consultative meeting with party leaders and stakeholders…
A Dublin court has sentenced two Nigerian nationals to a combined 16 and a half years in prison for their roles in a global money laundering network linked to more than €6 million in fraud proceeds. The convicted men, Ejike Francis Ogbuefi, 42, and Steven Silvester, 32, were found guilty of directing the activities…
Every cup of coffee, cotton shirt and loaf of bread carries an invisible cost: the billions of litres of freshwater consumed in their making, long before they reach any shelf or table. A new World Bank report has placed this hidden burden at the centre of the global trade conversation, warning that the world…
Nigeria’s Minister of Power, Adebayo Adelabu, has issued a formal public apology over the severe electricity outages that have plunged homes, businesses, schools and industries into darkness over the past month, pledging that improvements in power supply would begin within two weeks. The apology, delivered at a press conference in Abuja on Tuesday, came…
The terrorism trial of nine suspects charged in connection with the 2025 Yelwata massacre was abruptly suspended on Tuesday after one of the defendants collapsed inside the courtroom, forcing an adjournment. Proceedings had barely commenced around 10 a.m. when Alhaji Haruna Abdullahi, the third defendant, suddenly slumped in court. Prison officials attempted to…
The Federal Government has approved the release of N32 billion to health facilities across Nigeria under the Basic Health Care Provision Fund, as part of ongoing efforts to strengthen primary healthcare delivery nationwide. The approval was announced by the Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, following a Ministerial Oversight Committee…
Nigeria’s football governing body has set September 26, 2026 as the date for its next elective congress, following a series of significant governance decisions taken at an Extraordinary General Assembly held in Yenagoa, Bayelsa State. The Nigeria Football Federation (NFF) convened the assembly at the DSP Alamieyeseigha Banquet Hall, Government House, where delegates unanimously…
Mohamed Salah has confirmed he will leave Liverpool at the end of the 2024/25 season, drawing the curtain on a nine-year association with one of English football’s most storied clubs. The Egyptian forward, widely regarded as one of the greatest players in Liverpool’s history, made the announcement himself in a video message shared on…
The Central Bank of Nigeria has directed all International Money Transfer Operators in the country to open and maintain dedicated naira settlement accounts with authorised dealer banks, in a move designed to tighten regulatory oversight of diaspora remittances and improve transparency across the foreign exchange market. The directive was contained in a circular dated March…
