Author: Naija Daily News

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reduced the pump price of petrol at its retail outlets in Lagos and Abuja, offering some relief to motorists amid recent volatility in global oil markets. Checks at several NNPC filling stations across Lagos, including outlets along Isheri Oshun Road, Apple Junction, and Ago Palace Way, show that petrol is now selling for N1,130 per litre, down from the previous price of N1,230 per litre. In the Federal Capital Territory, petrol prices were also reduced at NNPC retail stations in Jabi and Wuse in Abuja, where the product now sells for…

Operatives of the Orji Divisional Headquarters, in collaboration with the Anti-Kidnapping Unit of the Imo State Police Command, have arrested two suspected armed robbers in Owerri, the Imo State capital. The Police Public Relations Officer (PPRO) of the command, Henry Okoye, disclosed the development in a statement issued on Wednesday night. According to him, the suspects allegedly accosted a man who was washing his car at a car wash located in the Mangrove area of Aladinma, Owerri. The suspects reportedly brandished a firearm and robbed the victim of his gold chain before fleeing the scene on a motorcycle. Okoye explained…

A chieftain of the African Democratic Congress and ally of former Vice President Atiku abubakar, Dino Melaye, has ruled out the chances of the 2023 Labour Party Presidential candidate, Mr. Peter Obi of winning the 2027 presidential election. Melaye, who contested and lost the 2023 Kogi governorship election, spoke in an interview with Channels Television that was monitored in Lagos. He said Mr Obi, who enjoys supporter of young Nigerians, lack the capacity needed to unify all sections of the country. He said, “But let me even tell you, Peter Obi is a fantastic Nigerian. I have tremendous respect for…

Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei, warned that U.S. forces must leave the Middle East and vowed continued resistance to Western pressure in his first televised wartime address, heightening fears of further regional escalation. In the broadcast late Wednesday, Khamenei said Iran would not retreat under what he described as foreign aggression and pledged to reinforce the country’s military posture as fighting involving Iran, the United States and Israel intensifies. “The era of foreign military domination in this region must end,” he said, urging neighbouring states to reconsider security ties with Washington. Khamenei warned that U.S. bases across the…

Photo: One of 160 school girls killed alleged by US strike on February 28 The World Health Organization has warned that health systems across parts of the Middle East are under severe strain as casualties continue to rise following the ongoing military offensive involving the United States and Israel against Iran. In a statement issued on Wednesday, WHO Director-General Tedros Adhanom Ghebreyesus said more than 1,800 people have been killed and about 12,500 injured in less than two weeks of escalating hostilities, raising fears of a wider humanitarian crisis. The conflict intensified sharply after a large-scale joint strike on Feb.…

Photo: Tanker on fire in Gulf of Oman By Douglas Maha, Abuja Nigeria’s Foreign Minister Yusuf Tuggar has urged oil- and gas-producing nations in the Gulf to see Africa’s largest crude producer as a strategic partner rather than a rival, as tensions in the Middle East threaten global energy supply chains. In an interview with Reuters, Tuggar said the ongoing conflict involving Iran has disrupted shipments through the Strait of Hormuz, a critical transit route for roughly a fifth of global oil supplies, contributing to export delays and sharp price volatility. He said Nigeria has long advocated deeper cooperation with…

Nigerian troops have killed at least 20 suspected Boko Haram and Islamic State West Africa Province (ISWAP) fighters, including a senior commander, during coordinated operations in Yobe State, the military said. The Joint Task Force in the North East said the raids were carried out in Goniri community in Gujba Local Government Area, beginning late on Monday and continuing into the early hours of Tuesday. In a statement, Lieutenant Colonel Sani Uba, spokesperson for Operation HADIN KAI, said the insurgents had launched coordinated attacks on military positions under Sector 2 in what appeared to be an attempt to encircle troops…

Authorities in the United Kingdom have announced road closures and temporary airspace restrictions in Windsor ahead of Nigerian President Bola Ahmed Tinubu’s planned state visit next week, as security agencies move to tighten measures around the high-profile event. The visit is the first by a Nigerian leader since military dictorar, Major Gen Ibrahim Badamosi Babangida visited Queen Elizabeth II in 1989. Tinubu is expected to arrive on Wednesday, March 18, accompanied by First Lady Oluremi Tinubu, with a formal reception scheduled at Windsor Castle hosted by King Charles III. In a statement, Thames Valley Police said it is coordinating with…

Iran on Wednesday warned it was prepared for a prolonged war of attrition that could “destroy” the global economy, after firing on two commercial ships and threatening vessels belonging to the United States and its allies. The warning came as Tehran tightened its grip on the Strait of Hormuz, a strategic waterway through which about 20 per cent of the world’s crude oil and liquefied natural gas shipments pass. Despite the rising tensions, United States President Donald Trump said the war could end soon, claiming there were few remaining targets for US forces in Iran. Oil prices have surged since…

Photo: Lockheed Martin F-35 As fighting intensifies in the Middle East, the human cost of war continues to dominate headlines.But far from the battlefield, a different reality is unfolding, that is the one measured in rising share prices, expanding defence contracts and record revenues for major U.S. weapons manufacturers. Naija Daily News’ investigations into defence budgets, market performance and internal policy briefings show that America’s biggest military contractors are poised to make billions of dollars as governments rush to replenish weapons stockpiles and prepare for a prolonged conflict. Lockheed Martin: FIghter Jets, Missile Defence bringing in huge earnings Defence giant…