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The Nigerian Export Promotion Council (NEPC) has revealed that non-oil goods account for only 10 per cent of Nigeria’s total exports to the European Union. Despite a substantial total trade volume of $21.87 billion in 2024, the export basket remains heavily dominated by crude oil. Mrs. Nonye Ayeni, the NEPC Executive Director, urged domestic agro-exporters…
President Bola Tinubu has signed the African Union Convention for the Protection and Assistance of Internally Displaced Persons (IDPs) into law. This landmark legislation, often referred to as the Kampala Convention, formally integrates the 2009 regional treaty into Nigeria’s domestic legal framework. The move aims to address the systemic failures in managing the nation’s displacement…
The Federal Airports Authority of Nigeria (FAAN) has issued over 100,000 airport access cards as it scrambles to digitise toll collections nationwide. Managing Director Olubunmi Kuku revealed on Monday that 62,000 of these registrations occurred in a frantic three-day window following the botched enforcement of a new cashless policy. The surge in applications comes as…
Nigerian troops have defeated a series of simultaneous terrorist assaults across Borno and Yobe states. The Islamic State West Africa Province (ISWAP) launched the coordinated strikes overnight between 8 and 9 March 2026. Targets included military positions in Delwa, Goniri, Kukawa, Mainok, and a forward base deep within the Sambisa Forest. While the army maintained…
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…
