May 8, 2025

New Pope Emerges As White Smoke Billows From Sistine Chapel

The New Diplomat

Writer

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

October 9, 2025 • News

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

October 9, 2025 • Energy,

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

October 9, 2025 • News

First US Cardinal to Emerge Pope

By Abiola Olawale

The 133 Cardinal electors gathered in the Vatican’s Sistine Chapel have elected the new Pope.

The election of the new pope was announced after white smoke emitted from the chimney placed on the roof of the Sistine Chapel.

This means that the cardinals have successfully elected the successor of Pope Francis who passed away on April 21 at the age of 88 years.

The new pope is expected to appear soon at the central window of St. Peter’s Basilica after a brief ceremony with the cardinals.

Share this news

News