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  • 25th April 2026

Oil prices hit $105 as US-Iran ceasefire talks

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Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

Naira hits three-week low at ₦1,361.5/$

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Insurance industry grew by 16.99% in Q3 - NBS

AIICO, AXA account for 61% of ₦288bn insurance claims

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UAE orders closure of Iranian-linked hospital in Dubai amid war

The United Arab Emirates has ordered the closure of an Iranian state-linked hospital in Dubai amid escalating tensions between the two neighbouring countries. The decision comes as ties deteriorate due to Tehran’s aerial campaign against Gulf states following strikes on Iran by the United States and Israel starting February 28. Since then, Tehran has launched […]

Oil and Gas

Iran to facilitate Japan oil transit through Hormuz amid war

Iranian Foreign Minister Abbas Araghchi has stated that Tehran is prepared to assist Japanese ships in transiting the Strait of Hormuz, a critical chokepoint for global oil supplies. This was revealed in an interview with Kyodo News published on Saturday. Japan heavily relies on crude oil imports from the Middle East, with the majority passing […]

Travel

US expands visa bond to Nigeria, 49 others

The United States Department of State Bureau of Global Public Affairs has reported a 97 per cent compliance rate among travellers under its visa bond programme, as it moves to expand the policy to more countries in a bid to curb visa overstays. In a statement issued on the US Department of State website on […]

Scams

US jails Nigerian man 90 months for $4m fraud

The United States Immigration and Customs Enforcement has announced that a Nigerian national, James Junior Aliyu, has been sentenced to 90 months in prison for his role in a wire fraud and money laundering conspiracy involving the hacking of business email systems. In a statement issued on Saturday, the agency said Aliyu “will serve a […]

Entertainment

Nigeria, S’Africa to livestream S’Korean stars BTS comeback album on Netflix

South Korean boy band BTS (Bangtan Sonyeondan) is making their comeback after almost four years on hiatus to fulfill their mandatory military enlistment. The long-awaited comeback from the boy group includes an album (Arirang) set to be released on the 20th of March, 2026, along with a Netflix collaboration of their first live concert in […]

Elon Musk to remove light mode on 'X' platform
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Musk found guilty of misleading Twitter shareholders to acquire company

A federal jury in San Francisco, California, ruled on Friday that tech billionaire Elon Musk provided false information to Twitter shareholders, leading to a drop in the company’s stock price during his preparations to acquire it for $44 billion. The verdict came in a class-action securities lawsuit. It could force Musk, currently the world’s richest […]

featured Oil and Gas

Dangote Refinery raises petrol price to ₦1,245/itre

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, also known as petrol. The refinery cited escalating global geopolitical tensions and rising crude oil costs as the driving factors. In a notice sent to petroleum marketers late Friday, the refinery revealed that its ex-depot (gantry) price would rise from […]

Oil and Gas

S’Africa, others turn to Dangote Refinery amid Iran war

Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions linked to the ongoing conflict involving Iran, Bloomberg reports on Friday. Findings showed that the 650,000-barrels-per-day refinery owned by Nigerian billionaire Aliko Dangote has received multiple inquiries from governments seeking alternative fuel sources. South Africa is reportedly […]

Finance

Cross River disburses ₦500m loans to entrepreneurs

The Cross River State Governor, Bassey Otu, has reaffirmed his administration’s commitment to strengthening businesses and improving household livelihoods with the disbursement of N500 million in loans to entrepreneurs across the state. Represented by the Speaker of the State House of Assembly, Elvert Ayambem, the governor said the intervention forms part of deliberate efforts to […]

Food

Egg shortage looms as day-old chick prices surge 67%

Nigeria faces imminent egg shortages as day-old chick prices have surged 67 per cent in three months, according to BusinessDay’s findings. Poultry farmers are struggling to restock and boost production due to months-long waits for pullets, which are young hens produced for egg laying. The scarcity has driven the prices of day-old chicks to N3,000 […]

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