The Nigerian Senate on Wednesday confirmed the nomination of Taiwo Oyedele as Minister of State forFinance following his screening by lawmakers in Abuja.The confirmation came after senators questioned the economist and tax policy expert for over twohours on fiscal reforms, revenue generation and economic management before approving hisappointment through a voice vote at the Committee…
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda, former Director-General of theSecurities and Exchange Commission (SEC), as Deputy Governor of the Central Bank of Nigeria (CBN).The nomination is subject to confirmation by the Nigerian Senate. The presidency announced the development in a statement issued in Abuja on March 11, 2026, by thePresident’s Special Adviser…
Iran has pushed back against remarks by U.S. President Donald Trump, who said the ongoing conflictwith Iran could end “very soon,” insisting that Tehran, not Washington, will determine when the warconcludes. Trump made the comments during remarks to reporters and lawmakers on March 9, 2026, saying thejoint U.S. and Israeli military campaign against Iran had…
Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit (PMS), alsoknown as petrol, by ₦100 per litre following a recent drop in global crude oil prices.According to the refinery’s latest pricing template released on March 10, 2026, the gantry price of petrolwas lowered from ₦1,175 per litre to ₦1,075 per litre. The…
Transportation fares across several Nigerian cities have surged sharply as petrol prices climbed to about₦1,200 per litre, a development linked to rising global crude oil prices triggered by escalating tensionsinvolving the United States and Iran in the Middle East. Market surveys conducted in Lagos and other states showed that some filling stations and independentmarketers raised…
President Bola Ahmed Tinubu has approved the posting of 65 ambassadors-designate to Nigeriandiplomatic missions across the world and multilateral organisations, months after their nominationswere confirmed by the Senate. According to a statement issued on March 6, 2026 by the President’s Special Adviser on Information andStrategy, Bayo Onanuga, the appointments include 34 non-career ambassadors and 31…
Former Anambra State governor and 2023 presidential candidate, Peter Obi, has formally registered as amember of the African Democratic Congress (ADC), stating that he intends to challenge aspects of therecently passed Electoral Act 2026 in court over concerns about its implications for future elections.Obi completed his party registration on Saturday, March 7, 2026, at his…
U.S. President Donald Trump has said he believes he must be personally involved in determining whobecomes the next leader of Iran following the death of the country’s Supreme Leader, Ali Khamenei.In an interview published on March 5, 2026, Trump told Axios that the United States should play a directrole in selecting Iran’s next leader. The…
Vice President Kashim Shettima, on Wednesday in Abuja, said the implementation of new tax reforms will eliminate the burden of multiple levies and charges on small businesses and low-income earners in Nigeria, thereby helping to reduce poverty. Shettima noted that the planning and implementation of the tax reforms were carefully designed to improve livelihoods, contrary…
Former Bayelsa State Governor, who is currently representing Bayelsa West Senatorial District in the National Assembly, Senator Seriake Dickson, has defected from the Peoples Democratic Party (PDP) to form a new political party, the Nigeria Democratic Congress (NDC). He announced at a news conference in Abuja on Thursday. Dickson attributed his action to the poor…
