The Digest:
Nigerians are facing a double energy crisis as petrol prices surge to between N1,350 in Lagos and N1,500 in many parts of the country, while electricity supply remains erratic and unreliable. The ongoing US-Israel-Iran conflict has driven crude oil prices above $100 per barrel...
The Digest:
President Donald Trump has denied being "desperate" to make a deal with Iran, insisting that Tehran is being "beat to shit" and is "begging" for an agreement despite Iranian denials. Speaking at his first cabinet meeting since the US-Israeli operation began, Trump rejected reports...
The Digest:
Air raid sirens sounded across central Israel, Jerusalem, Haifa, and parts of the occupied West Bank on Thursday as Iran launched multiple missile waves. The Israeli military reported seven waves of incoming missiles throughout the day, with its defence systems intercepting the...
The Digest:
Iran has rejected President Donald Trump's 15-point peace plan while presenting its own demands to end the ongoing Middle East war. Tehran's counter-proposals include full control over the Strait of Hormuz—allowing Iran to collect fees from passing ships, an end to all sanctions, a...
The Digest:
The Dangote Petroleum Refinery has reversed its recent price reduction, raising its ex-depot petrol price back to N1,175 per litre, just days after cutting it to N1,075 on March 10. The brief reduction had triggered a surge in buying activity, with depot operators selling at an...
The Digest:
The federal government will not intervene to regulate petrol prices amid escalating Middle East tensions, Finance Minister Wale Edun has declared. Speaking on Channels Television, Edun said the government would instead pursue initiatives like the provision of 100,000 additional...
The Digest:
Nigerians face deepening hardship as petrol prices soared to N1,300 per litre on Monday, a 24% jump from N1,050, following the consistent rise in crude oil prices to $110 per barrel amid the escalating Middle East crisis. Diesel prices also surged to N1,380 per litre at MRS...
The Digest:
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that petrol prices in Nigeria could soar to as high as N2,000 per litre if the Middle East conflict continues. National President Billy Gillis-Harry stated that diesel prices could approach...
The Digest:
Pope Leo XIV has appealed for an end to the "roar of bombs" in the Middle East as the conflict sparked by US-Israeli air strikes on Iran entered its ninth day. Speaking after the Angelus prayer, the US-born pontiff expressed deep dismay over escalating violence, destruction, and a...