MTN Nigeria has temporarily halted its popular airtime and data borrowing service, Xtratime, following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The decision marks a significant shift in how telecom-based credit services will operate in Nigeria’s fast-growing digital economy. In a formal disclosure to the Nigerian Exchange Limited, the…
Nigeria has officially entered a new fiscal chapter as President Bola Ahmed Tinubu signs the 2026 Appropriation Bill into law, setting the country’s total budget at a record ₦68.32 trillion. Alongside this, the President also approved an extension of the 2025 budget implementation, moving its deadline from March 31 to June 30, 2026, in a…
Fresh developments in the Middle East have raised cautious optimism in global markets after Iran confirmed the reopening of the Strait of Hormuz, one of the world’s most critical energy corridors. Iran’s Foreign Minister, Abbas Araghchi, announced that the strategic waterway is now fully accessible to commercial vessels. The move is seen as a significant…
The United States has extended its sanctions waiver on Russian oil exports for an additional 30 days, a move aimed at stabilizing global energy markets as tensions around the Strait of Hormuz continue to impact supply. The decision, announced by the administration of Donald Trump, allows countries to continue purchasing Russian oil and petroleum products…
Security operatives in Nigeria have intensified their crackdown on oil theft and related crimes, with the Nigerian Army confirming the arrest of 15 suspects linked to an attempted crude oil siphoning operation involving a supply vessel connected to the Dangote Refinery. According to an official military report, the arrests were made during a coordinated operation…
Global oil markets experienced a sharp decline after Iran announced it would fully reopen the Strait of Hormuz to commercial shipping for the remainder of the ongoing ceasefire. The announcement triggered an immediate reaction in the energy market, with Brent crude prices falling to $88 per barrel after earlier trading above $98. The Strait of…
In a historic move set to redefine the football viewing experience, FIFA has confirmed that the 2026 World Cup Final will feature a Super Bowl-style halftime show for the first time ever. The groundbreaking entertainment addition will take place at MetLife Stadium in the United States, where the final match of the tournament is scheduled…
Russia has signaled its readiness to supply India with as much oil and liquefied petroleum gas (LPG) as it needs, reinforcing a strategic energy partnership that continues to grow despite mounting global pressures. Speaking on the evolving relationship, Russian Ambassador to India, Denis Alipov, expressed confidence in the strength and continuity of ties between both…
World Athletics has rejected an application by Turkey to change the sporting nationality of Nigerian sprint star Favour Ofili, dealing a major setback to her plans ahead of the 2028 Olympic Games. The decision, issued by the World Athletics Nationality Review Panel, followed a detailed assessment of the application submitted by the Türkiye Athletics Federation….
Syria has announced that it has regained full control of all military installations previously occupied by United States forces, marking a significant shift in the country’s security and political landscape. The development follows the departure of the final U.S. convoy from a base in northeastern Syria, bringing an end to a military presence that began…
