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Insurance Retreat, Iraq Warning, China’s Pressure Deepen Strait of Hormuz Crisis

March 4, 2026

Traffic through the Strait of Hormuz the narrow, strategically vital waterway linking the Persian Gulf to the Gulf of Oman has slowed sharply amid escalating regional tensions, threatening one of the world’s most critical energy arteries. The passage carries roughly a fifth

Naira Appreciates, Ends Week Positive Across Official, Black Markets

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Dollar Appreciates In Black Market, Official Window

March 3, 2026

The foreign exchange (FX) rate for the United States dollar (USD) increased to N1,387.77 kobo per $1 on Tuesday, March 3, in the black market, surpassing the N1,382.52 kobo per $1 recorded on Monday, March 2. Also, the pound FX rate was

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Gains In Sunu Assurance, UAC Nigeria Shares Add N710bn To NGX Market Cap

March 3, 2026

Over N710 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, March 3. This led to the market capitalisation of the NGX rising from N125.48 trillion recorded on Monday, March 2, to N126.19 trillion. The

News·Nigeria·Top Stories

Sit-At-Home: Soludo Slashes Salaries Over Monday Absences, Workers Lament Excessive Pay Cut

March 3, 2026

Anambra State Governor, Chukwuma Soludo has reduced the February salaries of civil servants who failed to report for work on certain Mondays, enforcing a pro-rata pay policy designed to end compliance with separatist-linked sit-at-home protests. Workers received pay alerts this week showing

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ADC Demands Fair Play in Malami, El-Rufai Cases, Warns Against Politically Driven Justice

March 3, 2026

The African Democratic Congress (ADC) has expressed deep concern over the handling of legal proceedings involving two of its senior members, Mr. Abubakar Malami, former Attorney General of the Federation and Minister of Justice from Kebbi State, and Mallam Nasir El-Rufai, former

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DSS Detains Five Officers in Connection with El‑Rufai Airport Security Lapse

March 3, 2026

Five security officers have been taken into custody following a major security lapse at Nnamdi Azikiwe International Airport (NAIA) during the return of former Kaduna State Governor Nasir El‑Rufai on February 12, 2026. The arrests underscore a growing crackdown on corruption and

News·Nigeria·Top Stories

Airports Authority Defends New Cashless System

March 3, 2026

Nigeria’s airport authority on Tuesday defended its move to enforce electronic payments nationwide, saying the policy is designed to plug revenue leakages and improve accountability amid increased scrutiny of government agencies’ finances. The Managing Director of the Federal Airports Authority of Nigeria,

Finance & Economy·News·Nigeria·Top Stories

Oyedele to Replace Uzoka-Anite as Finance State Minister

March 3, 2026

President Bola Ahmed Tinubu has nominated tax expert Taiwo Oyedele as minister of state for finance, replacing Doris Uzoka-Anite, in a cabinet reshuffle announced on Tuesday. Uzoka-Anite has been redeployed to the Ministry of Budget and National Planning as minister of state,

News·Top Stories·World News

Trump Sanctions Rwanda Military Over DR Congo Conflict

March 3, 2026

US President, Donald Trump on Monday imposed sanctions on Rwanda’s defence forces and four senior military officials over their alleged role in the escalating conflict in eastern Democratic Republic of the Congo, calling for an immediate withdrawal from the volatile, mineral-rich region.

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Latest

Insurance Retreat, Iraq Warning, China’s Pressure Deepen Strait of Hormuz Crisis

Dollar Appreciates In Black Market, Official Window

Gains In Sunu Assurance, UAC Nigeria Shares Add N710bn To NGX Market Cap

Sit-At-Home: Soludo Slashes Salaries Over Monday Absences, Workers Lament Excessive Pay Cut

ADC Demands Fair Play in Malami, El-Rufai Cases, Warns Against Politically Driven Justice

DSS Detains Five Officers in Connection with El‑Rufai Airport Security Lapse

Airports Authority Defends New Cashless System

Oyedele to Replace Uzoka-Anite as Finance State Minister

Trump Sanctions Rwanda Military Over DR Congo Conflict

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