The cost of crude oil went up significantly on Monday, March 2, 2026, reaching $79 per barrel. This is the highest price the market has seen since August 2024. Brent crude oil increased by more than 9 percent to $79, even though it briefly touched $82 earlier in the day. The United States West Texas Intermediate also went up by more than 9 percent to reach $73.06 per barrel. This sudden price increase happened because of growing security problems in the Middle East. On Saturday, combined military strikes by the United States and Israel killed the Supreme Leader of…
Author: Oluwadara Akingbohungbe
Lafia, Nasarawa State – Nasarawa State Governor Abdullahi Sule has attributed the financial stability of several Nigerian states to the economic decisions taken by President Bola Ahmed Tinubu. Speaking at the Government House in Lafia on Sunday, March 1, 2026, Governor Sule said the removal of the fuel subsidy and the unification of the foreign exchange rate were pivotal in improving state revenues and preventing insolvency. Governor Sule highlighted that the revenue now accruing to the Federation Account, which is shared between federal, state, and local governments, has enabled states to manage debt obligations, particularly those linked to foreign exchange.…
Abuja, Nigeria — Nigeria’s Independent Corrupt Practices and Other Related Offences Commission is pressing ahead with its investigation of former Kaduna State Governor, Nasir Ahmad el-Rufai, following a court-approved search of his Abuja residence and a temporary detention order. Court documents show that the anti-corruption agency recovered electronic devices allegedly capable of intercepting telephone communications, along with sensitive documents linked to national security, during a search carried out at el-Rufai’s home in the Asokoro District of Abuja. The operation was conducted on Wednesday, February 19, 2026, under a search warrant issued by a Magistrate Court in Bwari, within Nigeria’s Federal…
GUSAU — A major political realignment may be unfolding in Zamfara State in north-western Nigeria as Governor Dauda Lawal faces increasing pressure to leave the Peoples Democratic Party (PDP) and join the governing All Progressives Congress (APC). The development comes amid growing internal tensions within the PDP at the national level ahead of Nigeria’s 2027 general elections. Governor Lawal is now one of only three PDP governors still in office across the country, a situation that has intensified debate within the party about its political survival and strength. On Friday night, February 27, 2026, the governor met with members of…
ABEOKUTA, NIGERIA — Professor Iyabo Obasanjo, daughter of former Nigerian President Olusegun Obasanjo, has highlighted the stabilization of Nigeria’s national currency, the naira, and ongoing infrastructure projects as positive developments under President Bola Ahmed Tinubu’s administration. Speaking on Saturday, February 28, 2026, at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State, she emphasized that predictable exchange rates are essential for economic growth and business planning. “I think there is a lot going on positively. One is the stabilisation of the Naira. What that does is that people can predict how much money they will spend on imports and how…
The Lagos State Government has unveiled a traffic management plan ahead of the reconstruction of a section of the Lagos-Abeokuta Expressway, a critical highway connecting Lagos to neighbouring Ogun State. In a statement released on Sunday, March 1, 2026, the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, confirmed that the reconstruction will affect the stretch between Super Bus-Stop and Ilepo Bus-Stop on the Lagos-bound carriageway. The project will be handled by Nigeria’s Federal Ministry of Works and will run from Saturday, March 7, 2026, until Saturday, May 30, 2026, a total of 12 weeks. Authorities stated that the main Lagos-bound…
LAGOS – The Nigerian gospel music community has been thrown into mourning following the death of Taiwo Adegbodu, one half of the popular Adegbodu Twins. His passing was confirmed on Sunday morning, March 1, 2026, through a message shared on the duo’s official fan page on Facebook, which is managed by their team. The emotional post announcing his death read, “Taiwo, why will you leave your kids and me without notification? My heart is bleeding, Lord, how do you want me to cope without him? God why? This is too much for me to bear!” Fellow gospel artiste Esther Igbekele…
WASHINGTON — Former United States Vice President Kamala Harris has publicly criticized Donald Trump, President of the United States, accusing him of pushing the country toward a possible war with Iran amid rising geopolitical tensions. In a statement shared on Sunday through her X social media account, Harris warned that the United States risked being drawn into what she described as a “regime-change war.” She argued that such a conflict does not have the support of the American public and could endanger U.S. troops while harming the country’s global standing. “Donald Trump is dragging the United States into a war…
ABUJA, Nigeria – Nigeria’s main anti-corruption agency, the Economic and Financial Crimes Commission, is facing renewed public attention following claims that more than 30 of its officers have been dismissed over allegations of bribery and blackmail. The Economic and Financial Crimes Commission, known as the EFCC, is a federal agency established to investigate and prosecute financial crimes such as fraud, money laundering, and corruption. It operates under the authority of the federal government of Nigeria and plays a key role in the country’s justice system. According to a statement that has circulated publicly, the current chairman of the commission has…
ABAKALIKI, Ebonyi State, Nigeria – Nigeria’s Minister of Works, Senator David Umahi, has come under scrutiny following online videos and social media posts alleged to have been circulated by Mrs Tracy Ohiri, according to the Nigeria Youth Organisation (NYO). The organisation claims the content aims to undermine the minister and question his handling of national infrastructure initiatives. In a statement signed by NYO President Okorie C. Okorie and Secretary Oluwabukunmi Awolola, the group noted that the videos contained inconsistent claims about funds supposedly owed to Mrs Ohiri, citing figures of ₦25,000,000 (about $32,000) and ₦250,000,000 (about $320,000), and timelines ranging…