UK Seeks Allied Plan to Reopen Strait of Hormuz Route
LONDON – Britain is working with international partners to develop a plan to reopen the strategically vital Strait of Hormuz, Prime Minister Keir Starmer…
Business and Economy
Nigeria Inflation Rate Eases Slightly to 15% In February
ABUJA, Nigeria – Nigeria’s headline inflation rate declines slightly to 15.06 percent in February 2026, signalling a gradual easing of price pressures in Africa’s…
Passengers Injured After Abuja–Kaduna Train Derails
ABUJA, Nigeria – Several passengers were injured after a train travelling along the Abuja–Kaduna Railway derailed on Monday morning, authorities and witnesses say. The…
Nigeria Strengthens Cybersecurity Policies to Protect Citizens’ Digital Privacy Rights
ABUJA, Nigeria – Nigeria’s Federal Government is intensifying efforts to strengthen cybersecurity policies and safeguard citizens’ privacy in the country’s rapidly expanding digital space,…
NLC Demands Wage Relief as Petrol Prices Surge Amid Middle East Crisis
ABUJA, Nigeria – Nigeria’s main labour union, the Nigeria Labour Congress, has called on the federal government to introduce wage supplements and tax relief…
Togo Seeks Increased Electricity Imports from Nigeria to Boost Supply
ABUJA, Nigeria – Togo is seeking to increase electricity imports from Nigeria as rising energy demand strains the country’s domestic power capacity. The request…
Oil Above $100: Economist Warns Nigeria Must Avoid Another Windfall Scandal
LAGOS, Nigeria – Nigeria could earn billions of dollars in additional oil revenue as global crude prices surge above $100 per barrel, but economists…
Airlines Face Financial Strain as Aviation Fuel Price Surges
ABUJA, Nigeria – Nigerian domestic airlines are facing mounting financial pressure after the price of Jet-A1 aviation fuel surged by nearly 80 percent within…
CBN Restricts Credit Access for Defaulting Large-Ticket Borrowers
ABUJA, Nigeria – The Central Bank of Nigeria has directed banks to restrict access to new credit facilities for large-ticket borrowers with non-performing loans,…
Shell Restarts Bonga Oil Production After Maintenance Completion
LAGOS, Nigeria – Shell Nigeria Exploration and Production Company resumes oil production at the Bonga deepwater field after completing scheduled maintenance on the Bonga…