Israel strikes Iran’s capital as Trump set to address US on war
Israel struck Iran's capital on Wednesday ahead of United States President Donald Trump's planned address to Americans on the month-long war he said could end within weeks. The conflict that began on February 28, 2026, with US-Israeli attacks on Iran has mushroomed throughout the region, sending energy markets into a tailspin and threatening to torpedo the global economy. With the official...
‘Fake report’: Adelabu denies resignation as power minister
The Minister of Power, Adebayo Adelabu, has urged the public to disregard reports claiming he had resigned from his position. Adelabu’s Special Adviser on Media and Publicity, Bolaji Tunji, made this known on Tuesday, March 31, 2026, saying the report was fake and misleading. Tunji urged journalists to uphold professionalism by fact-checking the source of information before spreading such a story. The...
Again, Italy miss out on World Cup as Bosnia, Turkey, Sweden qualify
Italy failed to qualify for a third consecutive FIFA World Cup after losing on penalties to Bosnia and Herzegovina in a dramatic play-off on Tuesday, while Turkey, Sweden, and the Czech Republic secured qualification for the tournament to be hosted by the United States, Canada, and Mexico. Four-time champions Italy suffered heartbreak after Bosnia triumphed 4-1 in a penalty shoot-out...
Oil prices slip as Middle East conflict keeps markets on edge
Oil prices tumbled more than 3% on Wednesday, April 1, 2026, reversing earlier gains as persistent Middle East volatility unnerved markets. The front-month Brent contract for June fell $3.33, or 3.2%, to $100.64 per barrel at 0641 GMT, while U.S. West Texas Intermediate (WTI) crude futures for May slipped $3.34, or 3.3%, to $98.04 per barrel. Prices rose earlier on Wednesday...
GTCO declares N12.76 dividend, posts N1.23trn profit in 2025
Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of N865.75 billion for the 2025 financial year and declared a dividend of N12.76 per share. GTCO disclosed this in its audited results for the year ended December 31, 2025, filed with the Nigerian Exchange Group and the London Stock Exchange. Profit before tax stood at N1.23 trillion, supported...
Stock market reverses bearish trend as investors gain N516bn
The Nigerian stock market rebounded on Tuesday, March 31, 2026, rising by 0.40 per cent as investors gained N516 billion, reversing losses recorded in the previous two trading sessions. Renewed investor interest in stocks such as Multiverse Mining, International Energy Insurance, CHAMS, MTN Nigeria, PZ Cussons, and 15 other gainers drove the market into positive territory. Market capitalisation increased from N128.693...
DR Congo beat Jamaica to qualify for first World Cup in 52 years
The Democratic Republic of Congo on Wednesday defeated Jamaica 1-0 after extra time to qualify for the 2026 FIFA World Cup, ending a 52-year wait. A 100th-minute goal by Axel Tuanzebe, secured the Leopards’ passage, earning them the 47th slot at the tournament. The victory marks DR Congo’s first World Cup appearance since 1974, when the country competed as Zaire. Tuanzebe scored...
Transportation minister quits Tinubu’s govt to contest Gombe governorship election
The Minister of Transportation, Said Alkali, has resigned from President Bola Tinubu’s cabinet to pursue his gubernatorial ambition in Gombe State ahead of the 2027 general election. Alkali’s media aide, Umar Jubril, made this known in a press statement issued on Tuesday, March 31, 2026. Alkali said his resignation followed a presidential directive requiring political appointees seeking elective offices to resign...
NLC pickets AEDC, gives 48-hour ultimatum over sack of 900 workers
Operations at the Abuja Electricity Distribution Company (AEDC) were disrupted on Tuesday as the Nigeria Labour Congress (NLC) picketed the company’s headquarters in Abuja over the disengagement of nearly 900 workers. The union issued a 48-hour ultimatum to the company to reverse the move or face a complete shutdown of its operations. Led by NLC President, Comrade Joe Ajaero, labour leaders...
FG launches ₦20m national laureate prize to reward top student researchers
The Federal Government has introduced a new national prize scheme that will reward Nigeria’s most exceptional student researchers with cash awards of up to ₦20 million. The initiative, tagged the Nigeria National Laureate Annual Prize Programme, was recently approved to recognise outstanding dissertations and theses from students in accredited universities, polytechnics, and colleges of education. It aims to promote academic...
