April, 2026 - Skypenewsnaija

Strait of Hormus reopens as US, Iran agree to two-week ceasefire

Iran has confirmed a two-week ceasefire announced by U.S. President Donald Trump, the Tasnim news agency, which is close to the Islamic Revolutionary Guard Corps (IRGC), reported early on Wednesday. Iranian Foreign Minister Abbas Araghchi said safe passage through the Strait of Hormuz would be possible for two weeks in coordination with Iran’s armed forces […]

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April 8, 2026
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World

World Bank warns oil prices surge may raise Nigeria’s inflation by 3.1

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. In its latest Nigeria Development Update released in Abuja, the Bank highlighted distortions in the downstream sector, noting that imported petrol is currently […]

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April 8, 2026
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World

Crude prices plunge, stocks surge as US and Iran agree ceasefire

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. With Donald Trump’s deadline approaching for the Islamic republic to reopen the waterway or face obliteration, he announced a halt to attacks for two weeks and […]

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April 8, 2026
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World

Both US, Iran claim victory after 11th-hour truce

The United States and Iran agreed to a two-week ceasefire barely an hour before President Donald Trump’s Wednesday deadline to obliterate the country was set to expire, with Tehran to temporarily reopen the vital Strait of Hormuz. Both sides claimed to have won the more than month-long conflict that has roiled global financial markets and […]

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April 8, 2026
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Business

Sterling Bank Deepens Commitment to Women Entrepreneurs with OneWoman Financing Dialogue

L-R: Akporee Idenedo, Divisional Head, Commercial Banking, Sterling Bank; Ezinne Nwokafor, Head, OneWoman Initiative, Sterling Bank; Thelma Luke Nwoye, Group Head, Business Finance, Sterling Bank; ‘Solape Akinpelu, CEO/Founder , HerVest; Edward Ogunmekan, Chief Growth Officer, Sterling Bank at the OneWoman Gender Lens Breakfast Dialogue held at The Wheatbaker Hotel, Ikoyi recently. Sterling Bank, through its […]

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April 8, 2026
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Politics

Ogun 2027: Why the Political Equation May Be Tilting in Senator Iyabo Obasanjo’s Favour – Writes Ayo Arowojolu

As permutations ahead of the 2027 Ogun State governorship race continue to gather momentum, one name is increasingly refusing to stay on the margins: Senator Prof. Iyabo Obasanjo-Bello. What at first appeared to some observers as a bold but uphill aspiration is gradually beginning to assume the shape of a serious political movement. For the […]

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April 8, 2026
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Business

CBN Plans DFI Recapitalisation As FG Unveils Mass Savings Scheme

The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, Muhammad Abdullahi, has announced that the bank is considering the recapitalisation and restructuring of Development Finance Institutions (DFIs) to address the significant financing gap facing micro, small, and medium-sized enterprises (MSMEs). The deputy governor disclosed this during a panel session […]

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April 8, 2026
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Politics

We’ll Contest 2027 On Our Platform, INEC Won’t Stop Us, ADC Vows

The African Democratic Congress (ADC) has vowed to contest the 2027 general election under its own platform, despite the Independent National Electoral Commission’s (INEC) decision to discontinue recognising the party’s leadership over a court order. Appearing as a guest on Channels Television’s Politics Today on Tuesday, ADC National Publicity Secretary Bolaji Abdullahi expressed confidence that […]

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April 8, 2026
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Economy

BREAKING: Dangote hikes petrol price to N1,275, diesel N1,950

The Dangote Petroleum Refinery has again increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the development to our correspondent on Tuesday night, said the facility adjusted its pricing in response to prevailing international crude oil benchmarks and market […]

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April 7, 2026
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Breaking News

VIDEO: How Blessing CEO obtained, doctored my medical report — Cancer survivor

A breast cancer survivor, Deborah Mbara, has broken her silence, accusing controversial social media personality Blessing Okoro, popularly known as Blessing CEO, of doctoring her medical reports to defraud the public. Recall that the Delta State Branch of the Nigerian Medical Association disowned a histology report circulating online and attributed to Blessing CEO, noting that […]

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April 7, 2026
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