OPEC Trims 2026 Oil Demand Forecast Amid Iran War and Hormuz Closure
OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such as the International Energy Agency in cutting expectations due to the Iran war….
2027: APC clears Delta speaker, disqualifies 36 aspirants
The All Progressives Congress (APC) in Delta has cleared the Speaker of the state House of Assembly, Mr. Dennis Guwor, and 45 others for the Assembly primaries. The party announced…
Global oil supply to plunge below demand this year due to Iran war- IEA says
Global oil supply will fall short of total demand this year as the Iran war wreaks havoc on Middle East oil production and drains inventories at an unprecedented pace, the…
Nigeria Now China’s Leading Engineering Hub, Second-Largest African Export Destination
Nigeria is now China’s top market for engineering contracts and its second-largest trading partner for exports in Africa, signaling a deepening of economic ties between the two nations. Li Hengtian,…
Mass Housing: FMBN approves 420 mortgage applications worth N14.2bn
The Federal Mortgage Bank of Nigeria (FMBN) says 420 mortgage applications worth N14.2 billion have been approved so far. Mr. Shehu Osidi, the Managing Director and Chief Executive of the…
Ghana to evacuate 300 citizens from South Africa after xenophobic attacks
The Ghanaian government has announced plans to evacuate 300 of its nationals from South Africa following a violent surge in xenophobic attacks targeting migrants from sub-Saharan Africa. Foreign Minister Samuel…
Dangote Cement Explores Secondary Listing on London Stock Exchange
Dangote Cement PLC has announced that it is in the preliminary stages of considering a secondary listing on the London Stock Exchange (LSE). The move is aimed at expanding the…
FG sets June 17 for digital switchover inauguration
The Minister of Information and National Orientation, Alhaji Mohammed Idris, says the Federal Government’s Digital Switchover (DSO) project is ready for commissioning on June 17. Idris disclosed this on Wednesday…
24,000 Nigerians to benefit from $65m World Bank funding- NUC
The National Universities Commission (NUC) says no fewer than 24,000 Nigerians will benefit from a new $65 million funding phase of the World Bank-supported Sustainable Procurement, Environmental and Social Standards…
NDLEA intercepts N10.4bn Canadian loud at Lagos port
The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of Canadian Loud, a high-potency strain of cannabis, weighing 4,173.5 kilograms with a street value of N10.4billion at…
