The World Bank has cautioned that the ongoing surge in global oil prices could directly increase Nigeria’s headline inflation by about 3.1 percentage points, as higher fuel costs ripple through the economy.

Iran too cast the ceasefire as a win and said it had agreed to talks with Washington to begin Friday in Pakistan on a path to end the conflict.

Oil prices plunged Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

Israel has also agreed to the ceasefire deal between the United States and Iran after more than six weeks of conflict in the Middle East, a White House official said Tuesday.

The Nigerian DJ Association (NDJ) has announced a ban on music by Afrobeats star Burna Boy following a reported physical altercation involving him and fellow Disc Jockey, DJ Tunez.

Israel’s opposition leader, Yair Lapid, has sharply criticised Prime Minister Benjamin Netanyahu following the announcement of a ceasefire agreement involving the United States, Iran, and their allies.

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Sharif made the announcement in a post on X on Wednesday, describing the development as a significant step toward restoring peace and stability.

Researchers from universities in the UK, in partnership with advocacy groups in Nigeria organised a workshop on a new environmental justice framework

Troops of the Nigerian Army, operatives of the Department of State Services, and local volunteer forces reportedly foiled a large-scale attack by bandits on Bagna and Erena communities in Shiroro LGA of Niger State.

The Islamic republic’s Supreme National Security Council said in a separate statement the negotiations were set to last two weeks but could be “extended by mutual agreement of the parties.”

Deacon Chris is happily married to Deaconess Leri Irerhime Iyovwaye, and together they are blessed with four children.

By Peter Egwuatu Shareholders of Nigerian Aviation Handling Company, NAHCO Plc, will receive a combined cash dividend and bonus shares after the aviation handling and logistics group posted strong double-digit growth across key performance indicators for the 2025 financial year. The board of directors has recommended a cash dividend of N12.18 billion for the 2025 business […]

US President Donald Trump said Tuesday he agreed to suspend bombing of Iran for two weeks as part of a ceasefire deal if Tehran completely reopens the vital Strait of Hormuz.

“We will no longer accept the term ‘unknown gunmen’. One of the perpetrators has been arrested and he has made confessions”