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Lagos, March 9, 2026 – Polaris Bank has joined the global community in celebrating International Women’s Day 2026, reaffirming its commitment to promoting gender equality, empowering women, and supporting initiatives that foster inclusive growth across society. International Women’s Day, celebrated annually on March 8, provides an opportunity to recognize the achievements of women across all sectors while highlighting the need to accelerate action towards gender equality. At Polaris Bank, the day serves as a reminder of the vital role women play in driving economic growth, innovation, and community development. Speaking …

Abuja, March 9, 2026 – The National Drug Law Enforcement Agency (NDLEA) has recovered 40 kilograms of Skunk, a strain of cannabis, from Sheleru Olalekan, a former councillor in Lagos State. Femi Babafemi, the NDLEA Spokesman, disclosed this in a statement on Sunday. The statement said NDLEA operatives recovered the 40 kilograms of skunk from one of the rooms in the suspect’s house during a search. According to the NDLEA, Sheleru admitted ownership of the exhibit and the property where it was recovered in his statement. He said he had …

Lagos, March 9, 2026 – Nigerian Exchange Group (NGX Group) is to mark the International Women’s Day 2026 by Ringing the Bell for Gender Equality on March 10 at Nigerian Exchange Group House in Lagos. The event is being organized in partnership with the Central Securities Clearing System (CSCS) and Women in Management, Business and Public Service (WIMBIZ),   It will leverage the Closing Gong Ceremony to highlight the role of capital markets in promoting gender equality. The ceremony is part of the global Ring the Bell for Gender Equality …

Abuja, March 8, 2026 – Worried by the arrest of 42 Nigerians in Mozambique without any offenses levelled against them, Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has condemned such act and demanded for their immediate release. In a statement in Abuja signed by Abdur-Rahman Balogun, the NIDCOM boss said that it is distasteful to learn that only Nigerians were allegedly handpicked for arrest. She said the authorities should arraign and charge them before a court of law if they ran afoul of the law.  The NIDCOM boss …

Washington, March 9, 2026 – The United States-Israel war on Iran could leave consumers and businesses worldwide facing weeks or months of higher fuel prices even if the conflict, which is now in its eighth day, ends quickly, as suppliers grapple with damaged facilities, disrupted logistics, and elevated risks to shipping. The outlook poses a global economic threat and a political vulnerability for US President Donald Trump leading into the midterm elections, with voters sensitive to energy bills and unfavourable to foreign entanglements. Global oil prices have surged by more than 25 …

Washington, March 6, 2026 – Goldman Sachs said oil prices are likely to exceed $100 per barrel next week if no signs of a solution emerge ​to the severe disruption in flows through the Strait ‌of Hormuz, warning that upside risks to its base‑case forecast are rapidly growing further. The bank said it plans to revisit its oil price forecast ​soon if it does not see evidence supporting its assumption ​of a gradual normalization in Strait of Hormuz flows ⁠over the next few days. Its current base‑case Brent forecast is …

Abuja, March 7, 2026 – Thirty banks have met the new minimum capital requirements of the Central Bank of Nigeria (CBN). The CBN disclosed this in a statement on Friday. Mrs. Hakama Sidi Ali, its Acting Director of Corporate Communications, said the exercise was designed to strengthen the resilience, stability, and long-term capacity of Nigeria’s banking sector to support economic development. “Since the introduction of the policy, banks across the industry have taken steps to strengthen their capital base in line with the revised regulatory requirements. “As of March 6, …

By Paul Ejime Abuja, March 7, 2026 – President Bola Ahmed Tinubu has finally approved the postings of 31 career and 34 non-career Nigerian ambassadors-designate to various countries and the United Nations, more than three years following his inauguration in May 2023. They were named in batches last year and screened by the Senate. According to a State House statement on Friday, 6th March, the envoys-designate include Prof Mahmood Yakubu, former Chair of the Independent National Electoral Commission (INEC), who is posted to Qatar, as well as Reno Omokri and …

Abuja, March 6, 2026 – A Federal High Court in Abuja on Friday granted N200 million bail each to Abubakar, Malami, a former Attorney General of the Federation, his wife, Asabe Bashir, and their son, Abdulaziz Malami. The bail was granted with two sureties in like sum. Justice Joyce Abdulmalik granted the bail at the resumed in Abuja on Friday.. The court ordered that one of the sureties must deposit title deeds of properties located in either Maitama or Asokoro in Abuja. It also directed the defendants should deposit their …

Washington, March 6, 2026 – US gasoline pump prices advanced to the highest level at any time under President Donald Trump, with the conflict in the Middle East disrupting energy supplies. The average retail price of gasoline rose to $3.32 gallon on Thursday, according to the American Automobile Association. Futures have also rallied 27% this week and are on track for the biggest weekly advance since March 2022. Trump has frequently touted cheaper gasoline when talking about American energy dominance, but the run up in fuel costs could pose a …