FG Sets Transition for Direct Oil Payments to Federation Account
The Federal Government has started a new plan to make sure money from Nigeria's oil goes directly into the country's main account. Under a new rule called Executive Order 9, oil companies will now pay the government directly instead of going through other steps. To make sure this big change doesn't cause problems for businesses, the Minister of Finance, Wale Edun, has announced a "transition period."
Global Markets React: Oil Surges, Stocks Slide After Iran Attacks
The sudden escalation of conflict in the Middle East has sent shockwaves through the global economy. On Monday, March 2, 2026, oil prices spiked by nearly 10% after major energy facilities in Saudi Arabia and Qatar were hit by drone attacks. While energy companies saw their stock prices rise, travel and consumer businesses faced a difficult day as investors moved their money into safer assets like gold.
EXTRA TIME TO BEAT DEADLINES - Here’s What That Actually Means
We are used to our days lasting exactly 24 hours, but science shows this wasn’t always the case. Millions of years ago, a day on Earth was much shorter, and in the very distant future, it will stretch to 25 hours.
Rescued Kidnap Victim Delivers Twins at Kogi IDP Camp
In a heartwarming turn of events at an IDP camp in Kogi State, a woman rescued from kidnappers has safely given birth to twin girls. This story highlights the ongoing security efforts in the state and the government's commitment to providing medical care and a safe space for survivors to recover.
ADC Membership Drive Flooded with Fake Registrations, Raises Security Concerns
The African Democratic Congress (ADC) is facing a major challenge after launching its new online registration portal. Within just 24 hours, the system was filled with thousands of fake accounts, including photos of pets and world leaders using made-up ID numbers.
Nigeria’s FX Reserves Surge to $34.8B as CBN Reforms Boost Confidence
The Central Bank of Nigeria has reported a significant jump in the country's foreign exchange reserves, reaching over $34 billion in 2025. This growth reflects new financial reforms that have helped build trust with international investors and strengthened Nigeria’s ability to manage its economy.
FG Sets Transition for Direct Oil Payments to Federation Account
The Federal Government has started a new plan to make sure money from Nigeria's oil goes directly into the country's main account. Under a new rule called Executive Order 9, oil companies will now pay the government directly instead of going through other steps. To make sure this big change doesn't cause problems for businesses, the Minister of Finance, Wale Edun, has announced a "transition period."
Global Markets React: Oil Surges, Stocks Slide After Iran Attacks
The sudden escalation of conflict in the Middle East has sent shockwaves through the global economy. On Monday, March 2, 2026, oil prices spiked by nearly 10% after major energy facilities in Saudi Arabia and Qatar were hit by drone attacks. While energy companies saw their stock prices rise, travel and consumer businesses faced a difficult day as investors moved their money into safer assets like gold.
EXTRA TIME TO BEAT DEADLINES - Here’s What That Actually Means
We are used to our days lasting exactly 24 hours, but science shows this wasn’t always the case. Millions of years ago, a day on Earth was much shorter, and in the very distant future, it will stretch to 25 hours.
Rescued Kidnap Victim Delivers Twins at Kogi IDP Camp
In a heartwarming turn of events at an IDP camp in Kogi State, a woman rescued from kidnappers has safely given birth to twin girls. This story highlights the ongoing security efforts in the state and the government's commitment to providing medical care and a safe space for survivors to recover.
ADC Membership Drive Flooded with Fake Registrations, Raises Security Concerns
The African Democratic Congress (ADC) is facing a major challenge after launching its new online registration portal. Within just 24 hours, the system was filled with thousands of fake accounts, including photos of pets and world leaders using made-up ID numbers.
Nigeria’s FX Reserves Surge to $34.8B as CBN Reforms Boost Confidence
The Central Bank of Nigeria has reported a significant jump in the country's foreign exchange reserves, reaching over $34 billion in 2025. This growth reflects new financial reforms that have helped build trust with international investors and strengthened Nigeria’s ability to manage its economy.
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