Global and local developments dominate the headlines as the United States announces a sweeping retreat from multilateral engagement, ordering its withdrawal from 66 international organisations under President Donald Trump.
In the energy market, oil prices slipped on Wednesday amid fears of oversupply, following indications that Venezuela could export crude worth about $2bn to the US.
Back home, Nigerian states are poised for a major revenue boost, with a projected ₦5.07 trillion expected from Value Added Tax in 2026 after the implementation of a new VAT sharing formula.
Meanwhile, panic gripped parts of Lagos as hoodlums clashed in Meiran, forcing residents to flee, though no casualties were reported.
In Abuja, former President Olusegun Obasanjo disclosed how he severed alleged foreign intelligence influence from Nigeria’s labour movement, citing concerns over national sovereignty.
