The New Diplomat

Oil Recovers After 8% Drop

The New Diplomat — Fri, 03 Oct 2025 19:52:44 +0000

An 8% weekly loss is a rare occurrence in oil markets, especially if it comes on the back of five straight daily declines. Even though Friday’s trading has shown a marginal recovery with ICE Brent edging closer to $65 per barrel, however it seems that Sunday’s OPEC+ meeting could prompt further price declines in case […]

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Osun LG Crisis: Court Extends No-debit Order on UBA Accounts “Operated” By APC Chairmen Till October 9

The New Diplomat — Fri, 03 Oct 2025 19:37:01 +0000

By Abiola Olawale The Oyo State High Court in Ibadan has extended its interim injunction against United Bank for Africa (UBA), freezing 30 bank accounts linked to withheld Osun State LG allocations until October 9, 2025. This decision was delivered on Friday by Justice Ladiran Akintola of Court 5. The order comes days after the […]

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Boko Haram’s Ambition Was Similar to What Fueled Nigeria’s Civil War, Jonathan Reveals

The New Diplomat — Fri, 03 Oct 2025 19:32:55 +0000

By Abiola Olawale Former Nigerian President Goodluck Jonathan has likened the ambitions of Boko Haram insurgents to the grievances that fueled the nation’s 1967-1970 Civil War. Speaking at the public presentation of Scars, a book authored by former Chief of Defence Staff, Gen. Lucky Irabor (retd.), on Friday, Jonathan claimed that Boko Haram wanted more […]

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Many feared killed, vehicles burnt as petrol tanker explodes on Abeokuta-Sagamu expressway

The New Diplomat — Fri, 03 Oct 2025 19:20:48 +0000

By Obinna Uballa A petrol tanker explosion in the early hours of Friday has left an unconfirmed number of people dead and several vehicles destroyed along the Abeokuta–Sagamu Expressway in Ogun State. The spokesperson of the Ogun State Traffic Compliance and Enforcement Agency (TRACE), Mr. Babatunde Akinbiyi, confirmed the incident in a statement issued in […]

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VIDEO: Lagos NURTW chair Sego quizzed by DSS, denies intimidation voters ahead of 2027

The New Diplomat — Fri, 03 Oct 2025 19:16:42 +0000

By Obinna Uballa The Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW), Alhaji Mustapha Adekunle, popularly known as Sego, has denied allegations of threatening voters ahead of the 2027 general election after honouring an invitation by the Department of State Services (DSS). Sego had come under fire following […]

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Super Eagles Coach, Chelle Unveils 23-man Squad for Decisive World Cup Qualifiers

The New Diplomat — Fri, 03 Oct 2025 19:10:15 +0000

By Abiola Olawale Super Eagles head coach Eric Chelle has officially unveiled his 23-man squad for the decisive qualifiers against Lesotho and the Benin Republic. The Super Eagles, currently in a precarious position in Group C, face Lesotho on October 10 before facing the Benin Republic four days later. Announcing the squad to secure qualification […]

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Rape allegation: Sen. Elisha Abbo insists he’s victim of smear campaign, not under arrest

The New Diplomat — Fri, 03 Oct 2025 19:06:20 +0000

By Obinna Uballa Senator Ishaku Elisha Abbo, former Adamawa North lawmaker, has dismissed reports linking him to the alleged rape of a 13-year-old schoolgirl, insisting he was never arrested or detained by the Nigeria Police Force. Widespread media reports on Thursday claimed that Abbo was in police custody at the Force Criminal Investigation Department (FCID), […]

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AfDB boosts Uganda flood response with $500,000 grant, partners S’Africa’s SIU to fight corruption

The New Diplomat — Fri, 03 Oct 2025 19:02:54 +0000

By Obinna Uballa The African Development Bank Group (AfDB) has unveiled two interventions this week: a $500,000 emergency relief grant to support communities devastated by floods and landslides in Uganda, and a new partnership with South Africa’s Special Investigations Unit (SIU) to combat financial crime and strengthen anti-corruption frameworks across the continent. In a statement […]

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PDP Shuts Down Crisis Rumors, Says National Convention Will Hold

The New Diplomat — Fri, 03 Oct 2025 18:59:43 +0000

By Abiola Olawale The Peoples Democratic Party (PDP) has dispelled swirling speculations of internal discord, guaranteeing that the party will go ahead with its national convention scheduled for November 15–16 in Ibadan, Oyo State. PDP National Publicity Secretary Debo Ologunagba, addressing journalists at the party’s national secretariat, declared that no threats will derail the national […]

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Sarah Mullally becomes first woman Archbishop of Canterbury, to lead 85m Anglicans

The New Diplomat — Fri, 03 Oct 2025 18:56:44 +0000

By Obinna Uballa Sarah Mullally, in a landmark moment for the Church of England, has been appointed Archbishop of Canterbury, becoming the first woman in its 1,400-year history to hold the role of spiritual leader to 85 million Anglicans worldwide. Mullally, 63, who has served as Bishop of London since 2018, will formally take office […]

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EU, INEC chairman, other stakeholders push for urgent electoral reforms ahead of 2027 polls

The New Diplomat — Fri, 03 Oct 2025 18:52:56 +0000

By Obinna Uballa The European Union Election Observation Mission (EU EOM) and the chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, have renewed calls for judicial, constitutional, and legislative reforms to strengthen Nigeria’s electoral process ahead of the 2027 general elections. Leading an EU delegation to INEC headquarters in Abuja on Thursday, […]

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Atiku vs Obi: ADC coalition at risk as clash of ambitions may clear Tinubu’s path

The New Diplomat — Fri, 03 Oct 2025 18:47:33 +0000

By Obinna Uballa The African Democratic Congress (ADC), Nigeria’s latest experiment at forging a credible opposition platform ahead of the 2027 elections, is already showing cracks. Barely months after welcoming heavyweight defectors, the party has been thrown into an early storm as the ambitions of former Vice President Atiku Abubakar and former Labour Party standard […]

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Ex-Senator Elisha Abbo in Police Custody over Alleged Rape of 13-Year-Old Girl

Abiola Olawale — Thu, 02 Oct 2025 21:27:27 +0000

By Abiola Olawale A former lawmaker representing Adamawa North Senatorial District of Adamawa State in the Senate, Senator Elisha Abbo is reportedly in the detention facility of the Nigeria Police Force (NPF). According to reports, the development came after the former lawmaker reportedly surrendered himself to authorities over allegations of raping a 13-year-old secondary school […]

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Elon Musk’s fortune hits half a trillion dollars, cementing his lead as world’s richest man

Abiola Olawale — Thu, 02 Oct 2025 21:18:56 +0000

By Obinna Uballa Elon Musk on Wednesday became the first individual to reach a net worth of $500 billion, buoyed by a rebound in Tesla’s share price and swelling valuations of his other ventures in space and artificial intelligence. The milestone comes less than a year after his fortune crossed $400 billion, underscoring his widening […]

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Shehu Sani to Atiku: Defeating you in ADC primaries nearly impossible

Abiola Olawale — Thu, 02 Oct 2025 21:16:10 +0000

By Obinna Uballa Shehu Sani, former Kaduna Central senator, has said it would be extremely difficult for any younger politician to defeat former Vice President Atiku Abubakar in a party primary. Sani was reacting to Atiku’s comments in a BBC Hausa interview published Wednesday, where the former presidential candidate pledged to step aside from the […]

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Tesla beats expectations with 497,000 Q3 deliveries, up 7% despite Europe slump

Abiola Olawale — Thu, 02 Oct 2025 21:12:11 +0000

By Obinna Uballa Tesla delivered 497,099 vehicles in the third quarter of 2025, surpassing Wall Street forecasts and marking a 7% increase from the same period last year, even as production slipped and European sales faltered. The Elon Musk-led EV maker produced 447,450 vehicles in the quarter, down from 469,796 a year ago, but still […]

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Details as Court Dismisses Lawsuit Challenging Rivers State Emergency Rule

Abiola Olawale — Thu, 02 Oct 2025 21:09:30 +0000

By Abiola Olawale The Federal High Court in Abuja has dismissed a lawsuit against President Bola Tinubu’s declaration of a state of emergency in Rivers State. The court ruled that it lacked jurisdiction to entertain the suit, dealing a significant blow to challengers who argued the move violated fundamental rights and constitutional norms. The presiding […]

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Why I Slept Well After Cancelling Independence Day Parade– Tinubu

Abiola Olawale — Thu, 02 Oct 2025 21:06:36 +0000

By Abiola Olawale President Bola Tinubu has disclosed that cancelling the traditional military parade for the country’s 65th Independence Anniversary allowed him the luxury of sleeping. Speaking at the star-studded unveiling of the newly renovated Wole Soyinka Centre for Culture and Creative Arts in Lagos, once the iconic National Arts Theatre, Tinubu said […]

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Tinubu to commission $400m indigenous crude terminal in Rivers, Nigeria’s first in 50 years

Abiola Olawale — Thu, 02 Oct 2025 21:03:49 +0000

By Obinna Uballa President Bola Tinubu will on October 8 commission the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State, marking Nigeria’s first new crude export facility in more than five decades. Developed by Green Energy International Limited (GEIL), operators of the Otakikpo field in OML 11, Ikuru Town, Andoni Local Government […]

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Relief for travellers as Akwa Ibom airport resumes night flights after lighting restoration

Abiola Olawale — Thu, 02 Oct 2025 21:01:00 +0000

By Obinna Uballa Air travellers to and from Akwa Ibom State can now fly at night through the Victor Attah International Airport, Uyo, following the completion of an overhaul of its airfield lighting and navigational aids. Governor Umo Eno, in a statement issued on Thursday by his Chief Press Secretary, Ekerete Udoh, expressed delight at […]

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Nigeria’s Oil Boom Meets Its Refining Headache

The New Diplomat — Thu, 02 Oct 2025 21:00:48 +0000

Nigeria’s Petroleum Minister: Daily output has climbed to between 1.7 and 1.83 million barrels, while active rigs surged from 31 in January to 50 by mid-year. Aliko Dangote’s $20 billion, 650,000-bpd plant in Lagos—is mired in strikes, sabotage claims, and financial headaches. Nigeria’s top oil union launched a nationwide walkout after 800 refinery workers were […]

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Tension as PENGASSAN rejects Dangote peace deal, insists on reinstatement of sacked workers

Abiola Olawale — Thu, 02 Oct 2025 20:57:49 +0000

By Obinna Uballa The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disowned the reconciliation agreement announced after talks with Dangote Petroleum Refinery and Petrochemicals FZE, insisting it did not sign the document. The development has cast doubt on the Federal Government-brokered peace deal and heightened uncertainty over the dispute. PENGASSAN President, […]

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Mapped: Africa’s Millionaire Population by Country in 2025

The New Diplomat — Thu, 02 Oct 2025 20:44:33 +0000

Key Takeaways South Africa is the richest country on the continent, with 41,100 millionaires, 112 centi-millionaires ($100 million+ USD), and eight billionaires. The island nation of Mauritius has seen a 63% growth in its millionaire population over the past decade—the fastest overall. Similarly, Morocco has seen a significant jump of 40% to reach 7,500 millionaires […]

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Shettima Lands in Abuja After Attending UNGA

Abiola Olawale — Thu, 02 Oct 2025 16:16:10 +0000

By Abiola Olawale Vice President Kashim Shettima has touched down at Nnamdi Azikiwe International Airport in Abuja on Thursday. Shettima returned to Nigeria following the conclusion of the 80th United Nations General Assembly (UNGA 80) in New York, where he represented President Bola Tinubu The New Diplomat reports that the vice president’s aircraft touched down […]

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2027: I’ll Quit Presidential race If…, Atiku Reveals

Abiola Olawale — Thu, 02 Oct 2025 16:12:54 +0000

By Abiola Olawale Former Vice-President Atiku Abubakar has disclosed that he will only step down from the 2027 presidential race if a young aspirant defeats him to clinch the African Democratic Congress (ADC) ticket. Speaking during an interview session with BBC Hausa, Atiku revealed that he would not only drop his presidential ambition but also […]

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PENGASSAN-Dangote war: Nigeria lost billions of naira, 16% oil output, 30% gas sale, -NNPC

Abiola Olawale — Thu, 02 Oct 2025 13:54:21 +0000

By Obinna Uballa The Nigerian National Petroleum Company Limited (NNPCL) has revealed that the recent three-day strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) caused 16 percent of national oil production, 30 percent of marketed gas, and 20 percent of power supply to be lost, putting severe pressure on the […]

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OpenAI seals $6.6bn share deal of $500bn, outpaces SpaceX

Abiola Olawale — Thu, 02 Oct 2025 13:50:59 +0000

By Obinna Uballa OpenAI has completed a $6.6 billion secondary share sale, valuing the company at a staggering $500 billion, according to an insider familiar with the deal, CNBC reported on Thursday. The transaction allowed current and former employees to sell shares, solidifying OpenAI’s position as the world’s most valuable private company, overtaking SpaceX’s $456 […]

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US shutdown won’t affect visa, passport services in Nigeria – Embassy

Abiola Olawale — Wed, 01 Oct 2025 19:25:35 +0000

By Obinna Uballa The United States Embassy in Nigeria has reassured applicants that visa and passport services will continue uninterrupted, despite the ongoing partial shutdown of the US government. In a notice issued Wednesday via its official X handle, the embassy said: “Due to the lapse in appropriations, this X account will not be updated […]

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Maduagwu: FCT police launch manhunt for attackers, say doctors tried to resuscitate late Arise TV anchor

Abiola Olawale — Wed, 01 Oct 2025 19:20:17 +0000

By Obinna Uballa The Federal Capital Territory (FCT) Police Command announced on Wednesday that it has launched a manhunt for armed robbers behind the tragic death of Arise News correspondent, Somtochukwu ‘Sommie’ Maduagwu, even as President Bola Tinubu, Niger State Governor Umaru Bago, and several prominent Nigerians mourned her passing. Maduagwu, 29, died on Monday […]

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Lagos Govt, Peter Obi clash over Trade Fair demolition

Abiola Olawale — Wed, 01 Oct 2025 19:14:56 +0000

By Obinna Uballa The Lagos State Government and former Labour Party presidential candidate, Mr. Peter Obi, have clashed over last week’s demolition of more than 19 buildings at the ASPAMDA Market within the Lagos Trade Fair Complex. Obi, who visited the site on Tuesday in company of senators, House of Representatives members, and Labour Party […]

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