Gold prices face immediate downward pressure as crude oil costs surge, creating a complex economic landscape for Nigerian households and investors. Market analysts warn that the inverse relationshi…
Venezuela’s government has declared that the nation enjoys full food availability, a bold assertion that contrasts sharply with the empty shelves seen in Caracas supermarkets. This announcement com…
A political coalition has formally demanded that the Independent National Electoral Commission (INEC) launch an urgent probe into the conduct of the All Progressives Movement (APM) and the New Demo…
The US stock markets experienced mixed outcomes today, April 28, 2026, as the Dow Jones Industrial Average remained stable, while the Nasdaq Composite saw a decline. Concerns over artificial intell…
The Asian stock market opened lower today, with significant drops seen across major indices, prompting concerns about potential ripple effects on economies worldwide, including Nigeria. The Nikkei …
Occidental Petroleum's stock surged 7.2% on April 29 after the company announced a new exploration agreement with the Nigerian National Petroleum Corporation (NNPC) in the Niger Delta region. The d…
The Iran-backed Kataib Hezbollah group has claimed responsibility for 19 attacks on US military bases in Iraq, marking a sharp escalation in regional tensions. The attacks, which occurred between J…
Former US President Donald Trump's recent policy announcements have sent global oil prices surging, triggering ripple effects across African economies that are heavily dependent on energy imports a…
Global central banks have paused planned interest rate increases as rising inflation fears linked to Iran’s regional conflicts threaten to disrupt oil markets, a development with ripple effects acr…
Attacks in the Persian Gulf have sent oil prices soaring, with Iran targeting both shipping and critical oil infrastructure, impacting global energy markets and raising concerns about stabi…
Brent crude has surged by 3.86%, reaching $91.19 per barrel, while West Texas Intermediate (WTI) climbed 4.58%, hitting $87.27 per barrel. This significant rise in global oil prices could h…
The Department of Mineral Resources and Energy has declared that there is 'no immediate risk' of fuel shortages in South Africa following recent disruptions in the global oil market. This c…
