Author: Olaoluwa Vincent Ajayi

Finance ministers from the world’s leading economies (G7) are set to hold emergency talks after a sharp surge in global oil prices rattled financial markets and raised fears of a wider economic shock. The Group of Seven (G7) will meet at 1.30pm UK time to consider releasing strategic oil reserves in an attempt to calm markets after crude prices jumped close to $120 a barrel overnight. The meeting comes as the energy market faces its most serious disruption in several years. Britain’s Chancellor will join counterparts from the United States, Japan, Germany, France, Italy and Canada in the urgent discussion.…

The All Progressives Grand Alliance (APGA)  has declared support for President Bola Ahmed Tinubu’s administration, urging political parties to place national stability above partisan rivalry. Peter Obi served as governor of Anambra State on the party’s platform from March 2006 to March 2014. The announcement was made by APGA’s national chairman, Sylvester Ezeokenwa, during a media interaction on March 6, 2026. He said Nigeria’s democracy would benefit from greater cooperation among political actors rather than constant confrontation. Ezeokenwa explained that his party’s position was guided by what he described as a shared commitment to national development and stability. “Democracy thrives…

Hundreds of members of Nigeria’s opposition Peoples Democratic Party have defected to the ruling All Progressives Congress  (APC) in Imo State, in a move that could reshape the political landscape ahead of the next general election. The defectors, led by businessman Mike Ikoku, formally joined the APC during a ceremony held at the Government House in Owerri on March 6, 2026. They were welcomed by Hope Uzodimma, who described the development as a strong endorsement of his administration’s policies and leadership. Speaking during the event, Governor Uzodimma said the growing support for the ruling party reflected the progress made in…

President Bola Ahmed Tinubu has inaugurated an 11-member committee aimed at tackling long-standing problems in Nigeria’s electricity sector and improving the management of the national power grid. The committee was established to oversee the smooth creation of the Grid Asset Management Company Limited (GAMCO), a new government-owned company designed to optimise electricity generation and transmission. The decision followed approval by the Federal Executive Council during its meeting earlier in the week. The Chief of Staff to the President, Femi Gbajabiamila, inaugurated the committee on behalf of President Tinubu at the Presidential Villa in Abuja on Friday. He said the establishment…

President Bola Ahmed Tinubu has secured a settlement aimed at ending the long-running dispute surrounding the controversial OPL 245 oil block, a case that has overshadowed Nigeria’s oil sector for more than a decade. The agreement, reached between the Federal Government and international energy firms Eni and Nigerian Agip Oil Company, is being described by officials as a major breakthrough that could unlock new investment in Nigeria’s energy industry. Announced on March 6, 2026, the deal seeks to draw a line under years of legal disputes, corruption allegations and court battles linked to the lucrative offshore oil block located in…

President Bola Ahmed Tinubu has assured members of Nigeria’s armed forces that the country will ultimately overcome insecurity, praising soldiers for their courage and sacrifices in defending the nation. The president gave the assurance on Friday during an interfaith breaking of fast with members of the military at the Presidential Villa. The gathering brought together Muslim and Christian personnel serving in the country’s security forces to observe the fasting seasons of Ramadan and Lent while reflecting on their duty to the nation. Addressing the officers and soldiers, President Tinubu expressed gratitude on behalf of Nigerians, acknowledging the risks and hardships…

Nigeria’s First Lady, Oluremi Tinubu, has called on parents across the country to raise their daughters with strong moral values, stressing the importance of modesty, discipline and good character in shaping the future of young girls. Mrs Tinubu made the appeal in Abuja on Thursday while hosting Muslim and Christian women at an interfaith gathering held to mark both the Islamic fasting period of Ramadan and the Christian season of Lent. The event brought together women from different religious backgrounds for an Iftar and breakfast meeting aimed at promoting unity, shared values and support for young people. Addressing the gathering,…

A Bangladeshi migrant who entered the United Kingdom illegally nearly three decades ago is still battling to remain in the country after winning a new legal reprieve in his long-running asylum case. Munna Miah, a Bangladeshi national who says he arrived in Britain in 1998, has spent years challenging attempts to deport him. Now, after a fresh ruling by a senior immigration judge, his case will be heard again, extending one of the longest-running immigration disputes in recent memory. The decision means Mr. Miah can continue his legal fight despite repeated attempts by the Home Office to remove him from…

Iran has warned that European countries could face retaliation if they join the United States and Israel in military operations against the Islamic Republic, raising fears that the escalating conflict could spread across more regions. Tehran said any nation that takes part in attacks against Iran would be treated as a direct participant in the war and could become a “legitimate target”. The warning was issued by Majid Takht-Ravanchi, who said countries supporting military action against Iran would bear responsibility for the consequences. “If any country participates in attacks against Iran alongside the United States and Israel, it will be…

Russia has been accused of secretly helping Iran launch attacks on American military targets in the Middle East, raising fears that the growing conflict could draw in more global powers. US officials say intelligence linked to Vladimir Putin was passed to Tehran shortly after fighting intensified between Iran and the United States. The information allegedly helped Iranian forces carry out “sophisticated” strikes on American radar systems, warships and aircraft across the region. According to security sources, the intelligence allowed Iran to locate temporary US military facilities that its own satellites could not easily detect. One such strike reportedly targeted a…