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Crude Oil Prices Surge Above $100 Per Barrel As Fuel Surpasses N1,000 Per Liter In Nigeria

Global crude oil prices rose above $100 per barrel on Monday morning, while the price of Premium Motor Spirit (PMS) in Nigeria climbed past N1,000 per litre.

Brent and West Texas Intermediate crude blends surged by 13 percent and 15 percent to $103.3 per barrel and $107.3 per barrel, respectively, according to oilprice.com.

The latest crude price rally comes amid the ongoing war in the Middle East, with Iran faced by the United States and Israel.

Both sides have refused to broker peace as the region has been in turmoil since February 28th, 2026, when the US and Israel coordinated an attack on Iran, which led to the death of Iranian Supreme Leader Ayatollah Ali Khamenei and several others.

Iran has since launched retaliatory attacks in the Gulf region, leading to the shutdown of major refineries and crude businesses.

Crude price surges have also impacted domestic petrol prices in Nigeria, which have risen above N1,000 per liter, down from around N870 per liter before the war in the Middle East.

However, there is possibility of a slight respite as finance ministers of the G7 plan to discuss the possibility of releasing oil from storage in response to the price rally in the past days.

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Entertainment News

I Was Underpaid In Entertainment Industry, My Portfolio Is Enough To Make Me A Billionaire – Beverly Osu Opens Up (Video)

Beverly Osu, the popular Nigerian actress and reality star, has explained that she believes she should be a billionaire by now from how hard she has worked.

She claimed that her portfolio in the entertainment industry should be a enough for her to be a billionaire in every African currency.

The movie star lamented that, however, that is not the case because she has been underpaid over the years.

Speaking in a recent episode of Ghacha’s Chough podcast, Osu said, “I have worked so hard, my portfolio is enough to make me a billionaire not just in Nigeria but in Africa.

“I am a very humble person but I know that my portfolio is enough to make me a billionaire.

“So, I am fighting for better wages. I have tried different facets of the entertainment industry. From being a luxury model to video vixen to reality TV star and now actor. I have paid my dues.”

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Entertainment News

I’m Not Quitting Music Anytime Soon – Tiwa Savage Declares

Tiwa Savage has stated that she has no intention of stepping away from music anytime soon.

She spoke exclusively to Naija News during the launch of her music foundation, a project aimed at supporting young African creatives navigating the music industry.

“I went to Berklee College of Music as a scholarship student. Someone made a decision to invest in me when I didn’t have the full means to invest in myself, and that changed the entire direction of my life,” Tiwa Savage said.

She explained that the experience taught her more than music alone; it taught her the business side of the industry and how to turn talent into a sustainable career.

“I’ve carried that with me through everything,”she added.

The singer said the foundation comes at a mature stage in her career. “Now I’m at a point where I have the platform, the relationships, and the credibility to build something real. A proper, structured, lasting initiative. That combination doesn’t come early in your career. It comes when you’ve done the work, built the trust, and earned the right to put your name on something and have it mean something. That’s where I am now. And that’s why now.”

Reflecting on her journey, Tiwa Savage said the foundation also addresses a part of her story that is often overlooked. “People see the stages, the collaborations, the covers, the accolades, and they assume the path was straighter than it was. It wasn’t. I was a student once, somebody who needed a scholarship to access the education that changed my life. That support mattered enormously. I want young African creatives who have the talent but not always the pathway to know that there is a structured path available, and that the right support at the right moment can change everything.”

Tiwa Savage also spoke about the lessons she learned from the challenges along the way.

“A career in this industry, or any career requires more than talent. It requires knowledge, understanding your rights, your contracts, your worth. I want young creatives coming up to have those tools from the beginning, not discover them the hard way,”she said.

Addressing questions about whether the foundation signals a step away from music, Tiwa Savage was clear: “The foundation doesn’t exist separate from my music career; it exists because of it. Every stage I’ve stood on, every record I’ve made, has led to a place where I can now do something like this with credibility and weight behind it. If anything, this makes me more committed to music, not less.

“Every time I perform, every time I release, I’m also representing something larger a foundation, a generation of young African creatives who are watching what’s possible and deciding whether to believe in their own futures.”

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News

Iran War: FG Releases Emergency Contacts For Nigerians In Middle East (Full List)

The Federal Government has issued emergency contact details for Nigerian diplomatic missions across the Middle East to support citizens impacted by the escalating conflict in the region.

The advisory was issued in Abuja by the Federal Ministry of Foreign Affairs Nigeria and signed by its spokesperson, Kimiebi Imomotimi Ebienfa.

According to the ministry, the emergency contacts were provided to enable Nigerians living in or travelling across the Middle East to quickly reach diplomatic missions for assistance as tensions escalate in the conflict involving Iran, Israel, and the United States.

The ministry explained that the emergency contact list covers Nigerian diplomatic missions in 10 countries across the Middle East affected by the ongoing hostilities.

It urged Nigerians in the region to maintain communication with the nearest Nigerian embassy or consulate.

“Further to established communication channels publicised by the various Nigerian missions in the Middle East region, Nigerian citizens affected by the ongoing crisis should contact the following mobile numbers in case of emergency and also ensure that they are registered with the respective embassy or consulate in their country of residence,” the statement said.

The ministry listed the following emergency numbers for Nigerian diplomatic missions in the region:

  • Embassy of Nigeria, Tehran (Iran): +98 937 685 1897; +98 933 951 5348; +98 930 972 9965; +234 906 768 4063
  • Embassy of Nigeria, Tel Aviv (Israel): +972 547 115279; +234 706 4263944
  • Embassy of Nigeria, Abu Dhabi (UAE): +971 56 884 4130
  • Consulate-General, Dubai (UAE): +971 56 377 8678
  • Embassy of Nigeria, Kuwait (covers Bahrain): +965 9789 5737; +965 9950 9288
  • Embassy of Nigeria, Doha (Qatar): +974 3019 7102; +974 3019 7261
  • Embassy of Nigeria, Beirut (Lebanon): +961 78 861 779; +234 803 8954425
  • Embassy of Nigeria, Riyadh (Saudi Arabia): +966 542149456; +966 565695763
  • Consulate-General, Jeddah (Saudi Arabia): +966 56 096 5633
  • Embassy of Nigeria, Amman (Jordan – covers Iraq): +962 777 369428; +962 776 594020

Authorities advised Nigerians to register with their respective embassies to facilitate communication and emergency support.

The government had earlier issued a security advisory to Nigerians living in or travelling across Iran and other Gulf countries following the escalation of the regional conflict.

According to the ministry, diplomatic missions in Qatar, Bahrain, Kuwait, the United Arab Emirates and Saudi Arabia have been placed on high alert to provide consular assistance where necessary.

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Sport News

Why Lionel Messi Will Never Return To Barcelona – Xavi Reveals

Former Barcelona manager Xavi Hernandez has dismissed the possibility of Lionel Messi returning to the Spanish club.

Xavi told La Vanguardia that Barca’s president, Joan Laporta, does not want Messi back at the Camp Nou.

“Leo Messi is never coming back to Barcelona, because Laporta doesn’t want that,” he said.

Xavi also insisted that LaLiga did not block Messi’s return, neither did his camp demand more money.

Laporta sanctioned Messi’s departure from Barcelona in August 2021, after both camps failed to agree a contract extension.

Messi left as a free agent and joined Paris Saint-Germain. Later, he moved to Inter Miami in Major League Soccer.

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Dangote Refinery’s Fresh N121 Per Liter Fuel Price Increase Triggers Another Nationwide Hike

Dangote Refinery’s increase in the gantry price of Premium Motor Spirit to ₦995 per litre from ₦874 over the weekend has pushed retail fuel pump prices across the country above ₦1,000 per litre.

According to Daily Post, some checks on Sunday showed that the 650,000-barrel-per-day refinery further increased its gantry by N121 per liter, the second increment in four days.

This followed its earlier N100 per liter petrol price hike, which the $20 billion refinery attributed to the crude oil price volatility caused by the war in the Middle East.

Meanwhile, Dangote Refinery’s latest price hike further makes imported fuel N185.17 per liter cheaper, according to the Major Energies Marketers Association’s March 2, 2026, industrial price data.

Dangote Refinery’s price hike has triggered MRS, Nigerian National Petroleum Company Limited, and other filling stations in Abuja to raise their petrol pump price between N967 and as high as N1,010 per liter as of Saturday.

Recall that crude oil prices surged by 9 percent to $90.90 and $93 per barrel as of Sunday morning, according to oilprice.com.

With the rising crude price following the Iran-United States-Israel war escalation in the Gulf region, domestic petrol may continue to surge.

In a statement on Thursday, Dangote Refinery ruled out fuel price stability but assured Nigerians of petrol supply.

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Entertainment News

Princess Told Them To Silence Me – Nollywood Actor, Baba Ijesha Opens Up On His Prison Ordeal

Olanrewaju Omiyinka, the Nollywood actor, who is popularly known as Baba Ijesha, has accused his colleague Damilola Adekoya, also known as Princess, of setting him up in a case that led to his imprisonment at Kirikiri Prison.

Recall that Prince had in 2021 accused Baba Ijesha of s*xually assaulting her 14-year-old foster daughter at her residence.

Baba Ijesha, who was sentenced to Lagos State prison, was released in November 2025 after completing his five-year term.

Speaking for the first time after his release, the actor in a viral music video described Princess as a devil, stating that she told people to silence her and stop his voice from being heard.

While insisting that the incident was a setup by Princess, Baba Ijesha said human beings are more wicked than venomous snakes and warned his fans to be careful with friends.

He said, “My trust was betrayed, I ended up in Kirikiri prison because of a woman. She asked them to silence me, so that my voice must not be heard. This is how it happened. Please listen to my own side of the story.

“The incident happened on April 21, 2021. Princess she devil who was my friend called me that she’s preparing my favorite food, pounded yam, egusi soup with bush meat. That was how I got captured, the world is wicked. She told me about a job before that day but she said she doesn’t want me to play my usual role in the movie, she wants me to act as a young guy because she wants to take me to another level but I never knew it was Kirikiri and Panti prison.

“When I got to her house, I met some people at her house. While still waiting for her to finish cooking, I started rehearsing according to what the alleged director told me, not knowing it was a lie, there’s no movie anywhere, it was all set up. The main offender is walking freely while they want an innocent man to be killed. That’s how I got to Kirikiri.

“Please my fans be careful with friends. They cannot be trusted. Flee from them because the world is evil, and human beings are more wicked than venomous snakes.”

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Entertainment News

Asake Surprises His Dad With A 2025 Toyota Prado Days After Gifting His Mum A New G-Wagon (Video)

Nigerian music star Asake appears to be in a season of generous gifts, as his father, Fatai Odunsi, has become the latest beneficiary.

In a video that surfaced on social media on Friday, March 6, the singer was seen standing beside his father and a newly acquired car.

According to multiple reports, the artist surprised his father with a brand-new 2025 Toyota Land Cruiser Prado. Asake also appeared to confirm the development by reposting the viral clip on his Instagram Story.

Although the video did not include audio, a moment in the clip captured the emotional reaction of his father as he admired the luxury vehicle.

The gesture comes just days after the former YBNL Nation signee reportedly gifted his mother a brand-new Mercedes-Benz. The earlier gift sparked conversations on social media, with some users questioning when the singer would extend the same generosity to his father.

Following the latest development, many fans and social media users have praised Asake for the thoughtful gesture.

The video capturing the moment Asake presented the car to his father is seen below.

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Sport News

Super Eagles Star, Alex Iwobi Reveals The Best Advice He Received From Jay-Jay Okocha

Fulham attacking midfielder Alex Iwobi revealed that the most impactful advice he ever received came from Nigerian football legend Jay-Jay Okocha

According to the 29-year-old, Okocha advised him to play against the opponent on the pitch of play with freedom and without fear throughout his professional career.

Iwobi, a former Arsenal player, stated this while speaking in a recent interview on The High Performance Podcast.

“He [Okocha] said to me, express yourself. Don’t be afraid to express yourself.

“I got it from my uncle, Jay-Jay Okocha. He said it to me once, and I literally just watched how he lived his life.

“I feel lucky he is my uncle. I used to see him both off the pitch as well as on the pitch.”

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Entertainment News

Paul Okoye Reacts To Reports That Lady Who Accused Him Of R@pe Has Been Sentenced To 6 Years Imprisonment

Popular Nigerian singer, Paul Okoye, who is better known as Rudeboy, has denied media reports claiming that the young woman who accused him on her X account in September 2025 of r@pe and abuse of a minor has been sentenced to six years in prison.

On Thursday, March 5, social media was awash with reports that the young lady with the handle @chubbiediva has been sentenced after she was arraigned for falsely accusing the singer of r@pe.

In a post shared on his Instastories, Paul described the report as ‘’fake news.”

Recall that the trouble started on September 23 when the accused left a comment under a post celebrating Paul’s wife’ Ifeoma, as she turned a year older.

An X-user then left a comment under the post, stating that Paul cheated on his former wife, Anita, with their maid. Reacting to the said comment, @chubbiediva alleged that Paul r@ped/coerced the maid. She further alleged that the singer sent his wife and sister in-law out of the house after he was caught.

Paul saw the comment and vowed to use everything within his power, to ensure the X-user faces the law.