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Month: August 2026

World

Oil prices drop nearly 5% as US announces fresh Iran talks

Oil prices fell by nearly five per cent in early Asian trading on Monday after US President Donald Trump announced fresh negotiations with Iran aimed at ending the Middle East conflict and reopening the Strait of Hormuz. The conflict, which began in late February following attacks on Iran by the United States and Israel, has […]

Politics

2027: Present your scorecard to Nigerians, Momodu tells Tinubu

A chieftain of the African Democratic Congress (ADC), Dele Momodu, has urged President Bola Tinubu to campaign for re-election by presenting the achievements of his administration rather than relying on political rhetoric. Speaking on Monday’s edition of Sunrise Daily on Channels Television, Momodu said the President’s performance in office would ultimately determine Nigerians’ decision in […]

Presidency

Tinubu deserves commendation, not condemnation over reforms — Shettima

Vice President Kashim Shettima has defended the economic reforms of the Bola Tinubu administration, saying the President deserves commendation rather than criticism for policies that have strengthened Nigeria’s economy. Shettima made the remarks on Monday at the Delta State Economic and Investment Summit in Asaba, where he also praised Anambra State Governor Chukwuma Soludo for […]

Breaking News

Iran executes two men convicted of spying for Israel

Iran on Monday executed two men convicted of spying for Israel, the latest in a series of executions linked to alleged espionage activities. The Iranian judiciary said Omid Behzad and Pouria Safvat were hanged after being found guilty of passing the coordinates of sensitive military and security sites to agents of Israel’s intelligence agency, Mossad. […]

World

Nigeria unaffected as seven OPEC+ members raise oil output by 188,000 bpd

Nigeria’s crude oil production plans will remain unchanged after seven members of the OPEC+ alliance agreed to increase their combined output by 188,000 barrels per day (bpd) from September 2026 in a move aimed at supporting stability in the global oil market. The decision was reached during a virtual meeting on Sunday involving Saudi Arabia, […]

National Assembly

Again, Senate Summons NNPCL, CBN, Others, Issues 72-Hour Deadline

The Senate Committee on Public Accounts has issued a final 72-hour ultimatum to the Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and several other government agencies to appear before it over their failure to respond to audit […]

Health

FG Launches 1,000 Days Nutrition Campaign to Combat Child Malnutrition

The Federal Government has launched the 1,000 Days of Life Social and Behaviour Change Campaign as part of measures to address child malnutrition and improve maternal and child health outcomes nationwide. The initiative was unveiled on Monday in Abuja during the commemoration of the 2026 World Breastfeeding Week. It aims to promote improved nutrition practices […]

Business

Nigeria Should Remove Visa Barriers for Africans, Says Lumumba

Renowned Kenyan scholar and Pan-Africanist, Prof. PLO Lumumba, has called on the Federal Government to abolish visa restrictions for Africans travelling into Nigeria, arguing that such barriers hinder continental integration, trade and the goals of the African Continental Free Trade Area. Lumumba made the call on Monday at the 2026 Delta State Economic and Investment […]

Business

Insurance recapitalisation: NAICOM clears 43 insurers, reviews eight others

The National Insurance Commission (NAICOM) has concluded Nigeria’s 12-month insurance recapitalisation exercise, announcing that 43 insurance and reinsurance companies have met the new Minimum Capital Requirements. The commission described the milestone as the beginning of a new era for the country’s insurance industry. The recapitalisation exercise was conducted under Section 15 and other relevant provisions […]

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