Nigeria is currently ranked among countries with relatively low petrol prices globally. According to GlobalPetrolPrices.com, the average price of petrol, also known as gasoline, around the world as of April 13, 2026, is $USD1.50 per litre. Data published by the oil and gas analytical firm indicates that Nigeria is currently ranked 23rd ($0.90 per litre) …
Corporate Accountability and Public Participation Africa (CAPPA) has raised fresh concerns over Nigeria’s democratic future, warning that the credibility of the 2027 general elections could be undermined if urgent steps are not taken to strengthen institutions, tackle insecurity, and address worsening economic hardship. In a statement issued on Sunday, April 19, and jointly signed by …
Former Senate President Bukola Saraki and former Governor of Kwara State, Abdulfatah Ahmed have accused incumbent Governor AbdulRahman AbdulRazaq of pursuing a political vendetta against them with issues linked to the 2018 robbery incident in offa. The reactions by Saraki and Ahmed, who are AbdulRazaq's predecessors, came after the state government filed 20-count charges …
The hope for cheaper fuel has been dampened after Iran closed the Strait of Hormuz again on Saturday, reversing the brief optimism that followed its reopening on Friday. Iran's military declared the Strait of Hormuz blocked again on Saturday, April 18, hours after it was reopened. The move is a direct response to the U.S. …
The Airline Operators of Nigeria (AON) has temporarily suspended its planned nationwide shutdown of flight operations, which was scheduled to begin on Monday, April 20, 2026. This decision follows an appeal from the Minister of Aviation and Aerospace Development, Festus Keyamo. According to a communique issued by AON after an emergency meeting of …
Following the announcement of a 10-day ceasefire between Israel and Lebanon, Iran has officially declared the Strait of Hormuz "completely open" for all commercial vessels. The reopening, announced on Friday, April 17, 2026, by Iranian Foreign Minister Abbas Araghchi, marks a significant shift in the process towards resolving the Middle East conflict. This development comes …
The Central Bank of Nigeria (CBN) has introduced the Nigerian Overnight Financing Rate (NOFR) as the country’s new money market benchmark. It announced this in a statement issued on Friday, signed by the Acting Director of Corporate Communications, Hakama Sidi Ali. The move is aimed at improving transparency, strengthening monetary policy transmission, and deepening the …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has refuted claims that aviation fuel (Jet A1) is selling for N3,300 per litre, describing such reports as inaccurate and inconsistent with current market data. In a statement released on Friday, signed by NMDPRA Director of Public Affairs, George Ene-Ita, the Authority said that though fuel …
Former Rivers State governor, Rotimi Amaechi, says he was pushed out of the Peoples Democratic Party (PDP) by former President Goodluck Jonathan and his wife. Amaechi made the claim on Friday during an appearance on Sunrise Daily, a breakfast programme on Channels Television. The former minister of transportation, now a member of the African Democratic …
Former Vice-President Atiku Abubakar has criticised President Bola Ahmed Tinubu over his comments on Nigeria’s privatisation programme, describing them as a reflection of “desperation” and a disregard for history. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said Tinubu’s remarks reveal “a troubling pattern of hypocrisy and historical …
