NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Fani-Kayode vows $100m suit against Atiku-linked US lobbyist

NIGERIA’S Ambassador to South Africa, Femi Fani-Kayode, has threatened to sue Karl Von Batten, a United States-based lobbyist linked to Atiku Abubakar, for at least $100 million over what he described as defamatory statements against him. Fani-Kayode also threatened to seek Von Batten’s extradition to Nigeria over alleged breaches of the country’s cybercrime laws and […]

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Jul 27, 2026 post

Oil prices tumble over 6% as US, Iran suspend hostilities

GLOBAL oil prices dropped sharply by more than 6 percent in early Asian trading on Monday after the United States and Iran paused military attacks, easing fears of an immediate disruption to crude supplies following two weeks of escalating tensions that had pushed Brent crude above $100 per barrel. As of the time of reporting, […]

Jul 18, 2026 post

US places 23 nations on ‘Do Not Travel’ list, warns citizens to stay away

THE United States Department of State has advised its citizens not to travel to 23 countries, placing them under its highest travel advisory, Level 4: ‘Do Not Travel,’ over security concerns and limited consular assistance. In an updated advisory shared through the department’s TravelGov X account and sighted on Saturday, the US government said the […]

Jul 16, 2026 post

US House backs amendment to suspend all aid to Nigeria pending action on insecurity

MEMBERS of the US House of Representatives have approved an amendment that would increase the withholding of US assistance to Nigeria from 50 percent to 100 percent until the Nigerian government demonstrates effective action to prevent violence and hold perpetrators accountable. The amendment was introduced on Wednesday by Gregory Steube, who represents Florida’s 17th congressional […]

Jul 13, 2026 post

US imposes 20% ‘safe passage’ fee on ships using Strait of Hormuz

PRESIDENT Donald Trump has announced that the United States will impose a 20 percent ‘safe passage’ fee on ships transiting the Strait of Hormuz, saying the levy will fund efforts to secure one of the world’s most strategically important shipping lanes. In a post on Truth Social on Monday, Trump declared that the U.S. would […]