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Oil Slumps to $94.41 per Barrel as US–Iran Ceasefire Eases Market Tensions

Global oil markets recorded a sharp decline following the announcement of a temporary ceasefire between the United States and Iran, signalling a potential easing of geopolitical tensions that had previously driven prices upward. The price of Nigeria’s Bonny Light crude fell significantly, dropping by 14.2 per cent to $94.41 per barrel from approximately $110 earlier…

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Russia, China Veto UN Resolution on Reopening Strait of Hormuz.

In a major geopolitical development with far-reaching implications for global energy security, Russia and China have vetoed a resolution at the United Nations Security Council aimed at reopening the Strait of Hormuz—one of the world’s most critical maritime chokepoints. The resolution, sponsored by Bahrain and supported by a majority of council members, sought to restore…

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FG, First Lady, NGF, Dangote, NNPC, Others Commit ₦65 Billion to National Food Bank Initiative.

In a coordinated response to rising food insecurity and economic pressure across the country, the Federal Government, the First Lady, the Nigeria Governors’ Forum (NGF), leading industrialist Aliko Dangote, the Nigerian National Petroleum Company Limited (NNPC Ltd.), and other key stakeholders have collectively pledged ₦65 billion towards the establishment of a National Food Bank initiative.…

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NPA Introduces Streamlined Export Procedures to Boost Made-in-Nigeria Goods

The Nigerian Ports Authority (NPA) has unveiled new measures aimed at simplifying export processes for goods produced in Nigeria. The initiative seeks to enhance trade efficiency and strengthen the global competitiveness of Nigerian products. According to NPA officials, the reforms are designed to reduce bureaucratic bottlenecks, shorten clearance times, and provide exporters with more…

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Oluremi Tinubu Condemns Assault on Women at Delta Festival, Demands Swift Justice.

Nigeria’s First Lady, Oluremi Tinubu, has strongly condemned the reported assault of women during a festival in Ozoro, Delta State, describing the incident as unacceptable and a grave violation of human dignity. The First Lady’s reaction follows widespread outrage over the incident, which allegedly occurred during a public celebration in Ozoro, a community in Delta…

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Troops Neutralise Three ISWAP Commanders, Over 80 Fighters in Borno Offensive

Nigerian troops have recorded a significant operational success in the North-East, repelling a major insurgent attack in Borno State and neutralising three senior commanders of the Islamic State West Africa Province (ISWAP), alongside more than 80 fighters. Security sources indicate that the encounter followed a coordinated assault by the террорист group, which was effectively countered…

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Senate Urges Telecoms to Boost Network in Attack-Prone Benue Communities

The Senate has urged telecommunications companies to extend communication infrastructure to vulnerable communities in Kwande Local Government Area of Benue State following recurring attacks in the area. The call was made as lawmakers expressed concern over the plight of residents who often find themselves unable to reach security agencies during emergencies due to poor network…

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NOA, ICRC Sign MoU to Raise Awareness on Compulsory Treatment of Gunshot Victims

The National Orientation Agency (NOA) and the International Committee of the Red Cross (ICRC) have signed a Memorandum of Understanding (MoU) to launch a nationwide sensitisation campaign on the compulsory treatment of gunshot victims in Nigeria. The signing took place at NOA Headquarters, where the Director General of NOA, Mallam Lanre Issa-Onilu, was represented…

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UK Announces Road Closures, No-Fly Zones for Tinubu’s State Visit

Authorities in the United Kingdom have announced extensive security measures, including road closures and temporary no-fly zones, ahead of the state visit of Nigeria’s President, Bola Ahmed Tinubu. The measures are expected to take effect around Windsor, where key engagements linked to the visit are scheduled to take place. British security agencies have deployed armed…

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