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The escalating conflict between Israel, the United States, and Iran has triggered a sharp spike in fertiliser costs, threatening the global agricultural cycle as planting seasons approach. Roughly 33 per cent of the world’s fertilisers transit through the Strait of Hormuz, where maritime traffic has effectively frozen since the outbreak of hostilities on February 28….
Global equities surged, and oil prices retreated sharply on Tuesday after U.S. President Donald Trump suggested the war against Iran is nearing an early conclusion. Speaking to CBS News, Mr. Trump claimed the military campaign is “very far” ahead of his initial month-long timeline, asserting that Iranian forces have been effectively neutralised. The remarks provided…
The cost of Premium Motor Spirit (PMS) surged to ₦1,300 per litre across Nigeria on Monday, as the fallout from the US-Iran war reached domestic pumps. The price jump followed a fresh adjustment by the Dangote Petroleum Refinery, which raised its gantry price to ₦1,175 per litre. This marks the third upward revision by the…
High Chief Adegboye Onigbinde, the first indigenous coach to lead Nigeria to a FIFA World Cup, has died. His family confirmed his passing on Monday at the age of 88. A towering figure in African football, Onigbinde’s career spanned decades of tactical evolution and administrative service. He famously steered the Super Eagles during the 2002…
The United States Embassy in Nigeria has issued a high-level security alert regarding potential terrorist attacks on its diplomatic missions and affiliated schools. This warning follows the dramatic escalation of the Israel-Iran War, which entered its eleventh day on March 10, 2026. American officials have advised their citizens in Abuja and Lagos to adopt extreme…
Africa’s wealthiest citizens have seen their collective fortunes surge by 21 per cent over the past year. The continent’s 23 billionaires are now worth a combined $126.7 billion, according to the 2026 Forbes rankings. This $20.3 billion jump reflects a period of stabilizing regional currencies and a broad rally across major African equity markets. Nigeria…
The Dangote Petroleum Refinery has raised the ex-depot price of petrol to ₦1,175 per litre. This marks the third price increase in a single week. The refinery communicated the new gantry rate to marketers on Monday morning. This latest jump represents an 18 per cent surge in just three days. It follows a Friday adjustment…
The Nigerian music landscape is bracing for a historic night as legendary icon 2Baba (Innocent Idibia) prepares to celebrate 25 years on stage. The milestone event, aptly titled “The 2Baba Experience,” is scheduled for March 29, 2026, at the prestigious Eko Hotel in Lagos. More than just a concert, this show is being positioned as…
G7 Ministers to Weigh Emergency Oil Release as Middle East War Triggers Market Chaos Group of Seven finance ministers will convene emergency talks Monday to consider coordinated releases from strategic petroleum reserves in an effort to stabilise global energy markets convulsed by the escalating Middle East conflict, according to a French government source with direct…
A senior official of the All Progressives Congress has issued a sweeping dismissal of Nigeria’s opposition parties, declaring them intellectually bankrupt and existentially unprepared to contest the 2027 general elections while asserting that the ruling party has already secured insurmountable political and governance advantages under President Bola Tinubu’s administration. Tolu Bankole, who serves as the…
