The Nigerian National Petroleum Company (NNPC) Limited recorded a significant drop of 46.7 per cent in revenue from ₦4.824 trillion in December 2025 to ₦2.571 trillion in January 2026. The national oil firm, however, recorded a marginal increase in profit after tax of ₦385 billion in January from ₦351 billion in December, representing a 9.7 …
Mojtaba Khamenei, the second son of Iran’s late Supreme Leader, Ali Khamenei, has been selected as the new leader of the Islamic Republic following his father’s death in a joint military strike by the United States and Israel. With Mojtaba Khamenei's appointment, he is now the 3rd supreme leader Iran has produced, marking the first …
Dangote Refinery has further increased the price of Premium Motor Spirit (petrol) at its gantry by ₦180 to ₦1,175 per litre, from ₦995. This latest increase marks the third price increase in one week, following the escalating conflict in the Middle East, which has led to the disruption of crude oil supply and the consequent …
The Federal Government of Nigeria says more than 199,000 farmers have received agricultural risk protection worth about ₦700 billion in the last two years as part of efforts to strengthen food production. The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this in Abuja. He said the support came through the Nigerian Agricultural Insurance …
The Inspector-General of the Nigeria Police Force, Olatunji Rilwan Disu, on Monday decorated newly promoted Deputy Inspectors-General of Police (DIGs) and urged them to strengthen intelligence-led policing across the country. Speaking during the ceremony, Disu charged the senior officers to deepen inter-agency collaboration and improve operational coordination among police commands. The officers decorated include Zachariah …
The All Progressives Congress (APC) has expressed shock and sadness over the death of party chieftain and President of the Nigeria Aquatics Federation, Dr. Chamberlain Dunkwu. Dunkwu died in the early hours of Saturday, March 7, 2026, at the age of 54 after a brief illness. In a condolence message signed by its National Publicity …
The President of the European Commission, Ursula von der Leyen, on Monday warned that the ongoing war involving Iran is already affecting Europe, citing rising energy prices, security threats and disruptions to global trade. Speaking to European Union ambassadors, von der Leyen said the ripple effects of the conflict are spreading beyond the Middle East. …
The Rivers State House of Assembly on Monday screened and confirmed five out of the nine commissioner nominees submitted by Governor Siminalayi Fubara, while rejecting four others. The lawmakers approved five of the nominees as commissioners-designate after a screening exercise that lasted more than two hours. Speaker of the House, Martin Amaewhule, who presided over …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reportedly traced several luxury properties in Egypt to former Kaduna State Governor, Nasir El-Rufai. According to TheCable, investigators discovered the properties during an ongoing probe into El-Rufai’s activities while he governed Kaduna State from 2015 to 2023. Investigators reportedly identified three villas and six …
FCMB Group Plc has completed the capital raise programme for its banking subsidiary, First City Monument Bank Limited, after securing ₦242.8 billion to meet the new capital requirement for an international banking licence. It announced this in a statement issued on Sunday, March 8, and signed by the Group Chief Executive, Ladi Balogun. The financial …
