Nigerian Inflation Easing to 15.51 Percent

Energy Shocks Threaten Nigeria’s Fragile Inflation Gains

Nigeria’s nascent battle against inflation faces a fresh assault from global energy markets, despite a marginal dip in headline figures. Data for February 2026 shows inflation eased to 15.06% year-on-year, down from 15.10% in January. While this appears positive compared to the 26.27% recorded a year ago, the Centre for the Promotion of Private Enterprise…

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Tehran Accuses US and Israel of Crippling Energy and Water Supplies

Tehran Accuses US and Israel of Crippling Energy and Water Supplies

Iran’s energy minister, Abbas Aliabadi, has accused the United States and Israel of “terrorist and cyberattacks” that have decimated the country’s vital water and electricity infrastructure. Speaking on Sunday via the ISNA news agency, Aliabadi revealed that dozens of water treatment plants and transmission facilities have been hit, leaving critical supply networks in tatters. These…

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Saudi Arabia Declares Friday as Eid al-Fitr

  Saudi Arabia’s Supreme Court has declared that Friday will mark Eid al-Fitr, the Islamic festival celebrating the conclusion of Ramadan, following confirmation that Thursday represents the 30th and final day of the holy month. “The Supreme Court has decided that tomorrow, Thursday, is the completion of the 30th day of the month of Ramadan….

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Iran War Skyrockets Airfares 150%

  The escalating military conflict between the United States, Israel, and Iran has triggered a severe disruption to international air transport, with average airfares recording increases exceeding 100 percent across multiple routes as Middle Eastern carriers suspend operations indefinitely and major global airlines reroute flights away from the region. The crisis, which has forced the…

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Trump Claims US-Iran Talks Under Way

  United States President Donald Trump said Sunday that Washington was engaged in discussions with Iran over the ongoing conflict but indicated Tehran remained unprepared to conclude a deal, even as Iran’s foreign minister categorically denied any such talks were taking place. Speaking aboard Air Force One, Trump confirmed the existence of diplomatic contacts when…

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Settlers Torch West Bank Mosque During Village Raids

Israel Approves Emergency Funding as Iran War Rages

Israel has authorised an $827-million emergency budget to sustain its military operations as the conflict with Iran enters its third week. Cabinet ministers approved the 2.6-billion-shekel package over the weekend during an urgent telephone meeting. The funds are earmarked for “security purchases,” specifically the acquisition of munitions and advanced weapons systems to replenish stocks depleted…

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