Oil prices rise above $95 as US-Iran tensions fuel supply concerns
Brent crude, the global benchmark for oil prices, rose 5.38 per cent to $95.36 per barrel on Tuesday as renewed tensions between the United States and Iran heightened fears of supply disruptions from the Middle East.
FG defies concerns, ramps up domestic borrowing to N10.85trn
•Shifts borrowing preference to TBs amidst high interest rates•Deficit to escalate as oil revenue underperforms•Analysts disagree over impact of GDP rebasing on debt ratio By Babajide Komolafe, Economy Editor & Peter Egwuatu In spite of mounting concerns over the huge level of the country’s public debt, and the severe impact of rising cost of debt […]
Nigeria, others affected as UK clamps down on care workers’ visas
The United Kingdom has announced plans to abolish the care worker visa route in the coming months, a move that could impact thousands of Nigerians seeking employment in the UK’s health and social care sector.
Terror Reign: Mass exodus in Sokoto as Turji issues fresh ultimatum to three districts
The grip of terror has intensified in Isa Local Government Area of Sokoto State, as residents flee en masse following chilling threats from the notorious bandit leader, Bello Turji, who remains high on the nation’s most-wanted list.
Dozens of buildings to go down in Lagos estates — Commissioner Wahab
By Olasunkanmi Akoni Lagos State government has marked no fewer than 39 buildings located in two highbrow estates for demolition for building on the Right of Way, RoW, of Ikota River, at Eti-Osa Local Government Area. Ikota is part of the Maroko Okun Alfa Ward in the Lekki axis. This is coming as the state […]
South Africa rearrests Nigerian pastor Timothy Omotoso acquitted of rape
“He will be facing charges related to violations to the Immigration Act and he will appear in court on Monday”
