Friday, 10 April 2026
A US-Iran ceasefire sent Brent crude crashing 17% overnight, beginning to deflate the oil windfall that had been padding Nigeria's 2026 budget above its $64.85 benchmark.
Atiku, Peter Obi, Kwankwaso and Amaechi marched to INEC headquarters in the rain, accusing the commission of derecognising the ADC's leadership ahead of 2027.
The US State Department added Plateau, Jigawa, Kwara, Niger and Taraba to its Level 4 Do Not Travel list and authorised non-emergency embassy staff to leave Abuja.
Nigeria's economy grew 4% in 2025, but the World Bank's April Development Update recorded 110 child deaths per 1,000 before age five and stunting above 60% in northern states.
The editor asked what Nigeria was negotiating, given that the ceasefire, the US surcharge, and the embassy departure were all decided without Abuja's input.
Dangote Refinery cut petrol to N1,200 per litre on Wednesday, the first time a falling global oil price reached the Nigerian pump without being absorbed by importer margins.
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This Nigerian Life | Nigerian. Life. Explained.
Publishing Editor: Adeyemi EKO
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