The renewed closure of the Strait of Hormuz by Iran has dampened expectations of an imminent drop in fuel prices in Nigeria, reversing earlier optimism within the downstream petroleum sector. The strategic waterway, which is a vital route for global oil shipments, had briefly reopened following a ceasefire agreement between Iran and the United States. The reopening had sparked hope among industry stakeholders that crude oil prices would fall significantly, […]

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public warning over the circulation of unapproved and potentially counterfeit toothpaste products being falsely presented as genuine Colgate items. The alert follows the discovery of suspicious products during routine surveillance activities in Kaduna State. Regulatory officials, acting on a complaint, traced the items to a retail outlet where two questionable products labelled “Coglaet ActivGel 100g” and […]

Indications have emerged that political stakeholders in Oyo State may have to wait a little longer before the state governor, Seyi Makinde, officially announces the candidate he intends to support for the 2027 governorship election, as well as clarity on his broader political direction ahead of the polls. The governor had earlier suggested that he would make public his preferred successor before the end of the first week of May, […]

Operatives of the National Drug Law Enforcement Agency have uncovered and dismantled multiple drug trafficking operations involving cocaine, cannabis, and other illicit substances concealed in unusual packaging methods, including food flasks and snack items. In one of the major interceptions, officers at the Murtala Muhammed International Airport in Lagos discovered 12 large parcels of cocaine, weighing a total of 2.80 kilograms, hidden in the false bottom of food flasks. The […]