Crude oil prices rarely move in isolation. Like other commodities, they are influenced by politics, economics, logistics, and shifting market psychology. Global events send signals that ripple across energy markets, often causing sudden changes in price direction. Below are the major forces that typically drive crude oil price movements. Political Tensions Tensions between major oil-producing

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President Bola Ahmed Tinubu has approved the appointment and reconstitution of governing boards for three major federal institutions — the National Agricultural Development Fund (NADF), the Bank of Agriculture (BOA), and the Universal Basic Education Commission (UBEC). The announcement was issued on Friday in a statement signed by Bayo Onanuga, Special Adviser to the President

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stice D.E. Osiagor of the Federal High Court in Ikoyi, Lagos, has adjourned the N3.6 billion fraud case involving former Executive Director of Projects at the Niger Delta Development Commission (NDDC), Engineer Tuoyo Omatsuli, to March 3, 2026, for judgment. The ruling date marks a decisive point in one of the longest-running and most politically

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A leaked petition has revealed that community leaders in Opi, Nsukka, repeatedly warned Enugu State authorities months ago about Emmanuel Emeka Nwangwu — the 51-year-old man recently arrested for murdering 19-year-old Loveth Uloma Nwangwu, who had accused him of long-term sexual abuse. Instead of acting on the community’s alarm, officials allegedly empowered Nwangwu by confirming

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The All Progressives Congress (APC) has disqualified former Osun State Deputy Governor, Iyiola Omisore, along with six other aspirants, from participating in its upcoming governorship primary. According to the APC screening committee, the affected aspirants failed to provide the required evidence of sponsorship from at least five fully registered and financially up-to-date party members in

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Human rights lawyer Tope Temokun has petitioned the Chief Judge of Ondo State over what he described as troubling delays in the assignment of hearing dates for three fundamental rights enforcement suits filed on behalf of his clients—officers of the Ondo State Security Network Agency, Amotekun—who say they were unlawfully declared wanted by the agency’s

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The Nigeria Union of Teachers (NUT) has issued a stern warning to Kwara State Governor Abdulrahman Abdulrazaq, accusing his administration of persistent neglect of teachers’ welfare and refusal to implement long-approved statutory allowances. The union says the situation is pushing educators into a “riotous mode” and threatens the industrial stability of the state’s education sector.

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Retired Major General Danjuma Ali-Keffi has detailed how he was allegedly forced out of the Nigerian Army, detained in solitary confinement, and subjected to degrading treatment after uncovering individuals he described as suspected financiers and sponsors of terrorism during the administration of former President Muhammadu Buhari. Ali-Keffi, a former General Officer Commanding (GOC) 1 Division

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Social media commentator Verydarkman has spoken out following widespread criticism over the arrest of activist Harrison Gwamnishu, explaining why he contacted authorities and addressing claims that jealousy motivated his actions. Gwamnishu recently came under heavy scrutiny after the family of a kidnapped Edo couple accused him of diverting the ransom meant for the victims’ rescue.

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The Zonal Director of the Economic and Financial Crimes Commission (EFCC), Uyo Zonal Directorate, Oshodi Johnson, has dismissed claims that the agency targets Nigerians for persecution. Speaking at a workshop for journalists and Civil Society Organisations (CSOs) in Akwa Ibom State on Thursday, he emphasized that the Commission’s operations are intelligence-driven. Oshodi explained that no

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