Oil prices drop below $100 as US-Iran dialogue hopes ease supply concerns
Oil prices fell on Tuesday, April 14, 2026, as signs of potential United States-Iran dialogue to end their war reduced concerns about supply risks stemming from the U.S. blockade of the Strait of Hormuz. Brent futures declined by $1.86, or 1.87%, to $97.50, while U.S. West Texas Intermediate (WTI) crude fell $2.25, or 2.27%, to $96.83 by 0003 GMT. Both benchmarks...
NAMA disputes air traffic controllers’ safety alarm, cites radar upgrade plans
Nigeria's airspace management authority has pushed back against claims that the country's airspace is unsafe, even as air traffic controllers maintain that obsolete equipment is putting aviation safety at risk. The Nigerian Air Traffic Controllers' Association, NATCA, triggered the dispute over the weekend when its president, Edino Ilemona Amos, and general secretary, Umar Fahad, declared that controllers could no longer...
Obi accuses Tinubu of orchestrating opposition crises ahead of 2027
Peter Obi, the Labour Party's 2023 presidential candidate, has accused the Tinubu administration of deliberately suppressing opposition politics, warning that Nigeria's democratic space is under threat. Speaking on ARISE PrimeTime on Monday, Obi — now aligned with the African Democratic Congress — said the refusal to grant the ADC access to venues in Abuja for its planned national convention was...
Abiodun: Why APC picked Senator Adeola as consensus governorship candidate
Ogun State Governor Dapo Abiodun has disclosed the reasons behind the emergence of the senator representing Ogun West, Solomon Adeola, fondly called Yayi, as the governorship candidate of the All Progressives Congress (APC) for the 2027 gubernatorial election in the state. Adeola was unveiled as the party’s governorship candidate at the APC strategic caucus meeting held at the party’s secretariat...
FG absorbs over half of electricity costs as power sector bleeds N300bn — NERC
The Nigerian Electricity Regulatory Commission says the Federal Government spent N418.79bn on power subsidies in the fourth quarter of 2025, as inefficiencies across the electricity value chain drove losses beyond N300bn in the same period. The figures are contained in NERC's 2025 fourth-quarter report, which also flagged declining remittances, high distribution losses, grid instability, and a marginal drop in available...
Tinubu holds emergency security talks after Borno IED kills colonel, six soldiers
President Bola Tinubu on Monday convened an emergency security meeting with service chiefs and intelligence heads at the Presidential Villa, Abuja, hours after insurgents killed a colonel and six soldiers in Borno State. The meeting was attended by the Chief of Defence Staff, General Olufemi Oluyede, the chiefs of the Army, Navy, and Air Staff, the Directors-General of the Department...
Okafor nets brace as Leeds defeat Man United at Old Trafford for first time in 45 years
Noah Okafor scored two goals as Leeds United took a huge step towards Premier League survival by beating Manchester United 2-1 in a thrilling game at Old Trafford on Monday. Okafor scored twice in the first half to send Leeds on their way to a first league win at Old Trafford since 1981 and United's problems worsened after the break...
ADC puts final touches on convention venue as delegates converge on Abuja
Preparations were in full swing at the Rainbow Event Centre in Garki, Area 8, Abuja, on Monday night as workers adorned the hall in the colours of the African Democratic Congress ahead of the party's national convention scheduled for Tuesday. The convention, themed "So the Nation May Work," is expected to draw over 300 delegates from across the country. Our correspondent,...
Ogun APC Caucus endorses Senator Adeola as consensus guber candidate
The All Progressives Congress has endorsed Senator Solomon Olamilekan Adeola, popularly known as Yayi, as its consensus governorship candidate for the 2027 election in Ogun State. The announcement was made by Governor Dapo Abiodun during a stakeholders and strategic caucus meeting of the party, at which Adeola was unanimously endorsed by party leaders. Abiodun expressed confidence in the senator's capacity to...
EFCC warns banks against issuing loans without collateral
The Economic and Financial Crimes Commission has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices expose depositors' funds to risk and often serve as a gateway for insider abuse. EFCC Executive Chairman Ola Olukoyede issued the warning when the Chief Audit Executive of First Bank Plc, Mufutau Olawale Abiola, led a delegation on a courtesy...
