Israeli strike hits Lebanon hotel: Latest developments in Middle East war
Explosions rocked Beirut, the capital of Lebanon, while Israel said it was launching a new wave of strikes on Iran, as the war engulfing the Middle East continued on Wednesday, March 4, 2026. Here are the latest developments: US commander says 2,000 targets hit in Iran Admiral Brad Cooper, who leads US military forces in the Middle East, said in a video...
Oil prices rise as Iran conflict disrupts Middle East supply
Oil prices rose 1% on Wednesday, March 4, 2026, as the United States-Israeli war on Iran disrupted Middle East supplies. However, the pace of gains slowed from past sessions after United States President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz. Brent rose $1.17, or 1.4%, to $82.57 a barrel by 0408 GMT,...
Wolves stun Liverpool in Premier League
Liverpool suffered an embarrassing 2-1 defeat at Wolves as Andre's stoppage-time strike sealed a dramatic victory for the Premier League's bottom club on Tuesday. Liverpool fell behind to Rodrigo Gomes' strike in the closing stages at Molineux. Mohamed Salah hauled Liverpool level with his first goal in 11 top-flight games dating back to November 2025. But Andre's first goal for Wolves inflicted...
Stock market sustains bullish trend as investors gain N710bn
The Nigerian stock market sustained its bullish momentum on Tuesday, March 3, 2026, advancing by 0.56 per cent as investors gained N710 billion. The upbeat performance was driven by strong 2025 financial results and attractive dividend declarations by listed companies. The rally was also due to rising global oil prices, which recently climbed to $83 per barrel, alongside sustained demand for...
Court jails Ondo couple 14 years for running baby factory
The National Agency for the Prohibition of Trafficking in Persons has secured a 14-year prison sentence for a couple, Abiodun Ogundeji and Happiness Ogundeji, for operating a baby factory in Ilutitun, Okitipupa Local Government Area of Ondo State. The Lagos Zonal Commander of NAPTIP, Mrs Comfort Agboko, announced the conviction during a press briefing at the agency’s headquarters in Ikeja...
INEC promotes 2,339 staff, elevates 82 to directors
The Independent National Electoral Commission has approved the promotion of 2,339 personnel in its 2025 Senior Staff Promotion Exercise, reaffirming its commitment to career development, institutional continuity and organisational stability. The decision was taken at the commission’s meeting held on Thursday, February 26, 2026, according to a statement issued on Tuesday in Abuja by Mrs Victoria Eta-Messi. As part of the...
Global security at risk as jobs fall short in developing economies
The World Bank Group has warned that Nigeria and other developing economies are facing a looming employment crisis as millions of young people prepare to enter the labour market without sufficient job opportunities to absorb them. In a blog post published on its official platform, the Washington-based institution described demographic shifts in developing countries as one of the most consequential...
Lagos seals mall, public toilet over illegal waste disposal
The Lagos State Ministry of Environment and Water Resources on Tuesday sealed a shopping complex and a public toilet facility over alleged improper waste management practices in different parts of the state. The Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed the enforcement action in a statement shared on X. According to him, a public toilet facility located on Offin...
Lagos leads as January VAT hits record N1.08trn
Value Added Tax collections climbed to a record N1.08tn in January 2026, marking the first full month under the revised VAT sharing formula and significantly increasing allocations to state governments. Documents presented at the February meeting of the Federation Account Allocation Committee showed that VAT collections by the Nigeria Revenue Service rose from N913.96bn in December 2025 to N1.08tn in...
Tinubu orders immediate release of funds for space assets maintenance
President Bola Tinubu has directed the immediate release of approved funds for the maintenance of Nigeria’s space assets, reaffirming his administration’s commitment to the implementation of the country’s revised 25-year space development roadmap. The directive was issued on Tuesday during the first meeting of the National Space Council at the Presidential Villa, Abuja. The President, who was represented by Vice...
