Good morning! Here is today’s summary of the top stories making headlines across Nigerian Newspapers:
1. Tinubu Reshuffles Cabinet, Appoints New Finance Minister
President Bola Ahmed Tinubu nominated Mr. Taiwo Oyedele as the new Minister of State for Finance, replacing Dr. Doris Anite-Uzoka. Dr. Anite-Uzoka has been redeployed to the Ministry of Budget and National Planning as Minister of State, marking her third portfolio in this administration.
2. **Oil Prices Surge Past $84 on Middle East Tensions**
Global oil prices climbed sharply on Tuesday, with Brent crude rising above $84 per barrel. The increase, which saw an 8.36% jump to $84.24, is fueled by escalating tensions in the Middle East and fears of potential disruptions to global supply.
3. DSS Arrests Operatives Over Botched El-Rufai Arrest
The Department of State Services (DSS) has arrested some of its own security operatives in connection with a failed attempt to detain former Kaduna State Governor, Malam Nasir El-Rufai, upon his return to Nigeria from Egypt on February 12 at the Abuja airport.
4. Nigeria Faces Worsening Lassa Fever Outbreak
Nigeria is grappling with a severe Lassa fever outbreak, with new fatalities reported in Taraba, Benue, Plateau, and Edo states. Data from the NCDC shows a steady rise in infections, with a worrying number of frontline health workers, including doctors and nurses, contracting the virus.
5. Naira Depreciates Further in Parallel Market
The Naira weakened against the US dollar on Tuesday, exchanging at N1,376 in the parallel market, down from N1,370 on Monday. A similar depreciation was recorded in the official Nigerian Foreign Exchange Market (NFEM), where the dollar was quoted at N1,390.
6. Rivers Assembly Receives Commissioner-Nominees List
The Rivers State House of Assembly has confirmed receiving the list of commissioner-nominees from Governor Siminalayi Fubara. Nine nominees have been invited for screening and confirmation, following the governor’s recent dismissal of eight commissioners.
7. INEC Approves Promotion for 2,339 Staff
The Independent National Electoral Commission (INEC) has approved the promotion of 2,339 personnel as part of its 2025 Senior Staff Promotion Exercise. The commission stated this underscores its commitment to career progression and institutional stability.
8. Couple Jailed 14 Years for Operating Baby Factory
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has secured a 14-year jail term for a couple, Abiodun and Happiness Ogundeji, for operating a baby factory in Ilutitun, Ondo State.
9. Trump Rules Out Talks with Iran, Says ‘Too Late’
Former US President Donald Trump stated it is “too late” for talks with Iran, despite Tehran’s interest in negotiations. In a social media post, he commented on the situation amid the ongoing joint Israeli-US bombardment of Iran.
10. Federal Government Bans Cash Tax Collection, Roadblocks
The Federal Government has prohibited the cash collection of taxes and banned the mounting of roadblocks for revenue enforcement. These new regulations are part of the implementation of Nigeria’s new tax laws nationwide.
—
Disclaimer: This content is a summary of a news article published by Credible Daily News Nigeria on March 4, 2026, and is republished here for informational purposes only.
—
© 2026 CDA News Nigeria. All rights reserved. Privacy Policy | Contact Us info@cdanews.ng
