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September 2, 2026

Oil Market on Edge as US-Iran Conflict Sends Brent Above $94.5

Crude oil prices surged as renewed US-Iran attacks intensified concerns over the Strait of Hormuz and the security of Middle Eastern oil shipments.

FG Opens Investigation Into Ikorodu-Sagamu 100MW Power Gap Amid N120bn Loss

The Federal Government is investigating a 100MW electricity discrepancy along the Ikorodu-Sagamu corridor after monitoring systems revealed an estimated N120bn in unaccounted energy value.

Subsidy Removal: Falana Tells Nigerians to Demand Accountability From FG, States, LGs

Femi Falana has warned against financial mismanagement following petrol subsidy removal and urged Nigerians to demand accountability over increased government revenue.

Oil Spill Sparks Panic in Bayelsa as Nembe Creek, Fishing Communities Face Pollution

An oil spill at the Nembe Creek oilfield has triggered concern among fishing communities in Bayelsa, with residents reporting polluted waters, damaged fishing equipment and disruption to livelihoods.

200,505 Personal Pension Accounts Unfunded as PenCom Reveals 91.4% Gap

PenCom says 200,505 out of 219,316 registered Personal Pension Plan accounts remained unfunded as of the first quarter of 2026.

FG Moves to Deepen Nigeria-Thailand Ties in Agriculture, Technology, Renewable Energy

Nigeria is seeking increased Thai investment and technical cooperation in agriculture, technology, renewable energy and other strategic sectors as Abuja moves to strengthen bilateral relations.