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Oil market outlook: supply surplus keeps prices in check despite geopolitical risks
Ziggy Ojiegbe Global oil markets are entering 2026 with a sizeable supply overhang that continues to weigh on prices, even as geopolitical tensions periodically jolt sentiment. According to the latest report by the International Energy Agency (IEA), robust supply growth…
Chevron declares double discovery with Awodi-07 well
Sopuruchi Onwuka Chevron Nigeria Limited has declared that its Awodi well busted two separate lodes offshore Western Niger Delta, discovering new hydrocarbon reservoir and extending existing one. A press statement made available to Oracle Intelligence did not specify the oil…
Global public health and the politics of U.S. exit from the WHO
Sopuruchi Onwuka The United States has officially severed ties with the World Health Organization in a move the Trump administration says corrects past failures, particularly the WHO’s handling of Covid-19. But beyond the politics, the decision raises a more basic…
Human trafficking thrives fully on corruption, UN report finds
Ziggy Ojiegbe Human trafficking on a large scale would not be possible without corruption by border guards, public officials, and other actors who look the other way in exchange for money or sexual favors, or who are themselves coerced, according…
Davos: UN warns of looming collapse of global order
Ziggy Ojiegbe The United Nations General Assembly has warned that rising impunity by powerful states and growing disregard for international law are pushing the global system toward instability and potential collapse. Speaking at the World Economic Forum in Davos, President…
Performance drives gender diversity in African business leadership, report finds
Sopuruchi Onwuka Gender diversity in African business leadership is increasingly being shaped by performance rather than advocacy alone, according to new research on the continent’s private capital industry. The report, released by the African Private Capital Association (AVCA), shows that…
Paystack plots broader financial service range
Ziggy Ojiegbe Paystack, a leading digital payments company with a strong footprint in Nigeria’s financial services market, is planning to expand beyond payments into retail banking and consumer finance as unmet demand continues to create new growth opportunities across the…
NLNG reskills Abuja journalists at 2026 #NLNGChangeYourStory workshop
Sopuruchi Onwuka No fewer than 32 Nigerian journalists from various media organisations have benefited from the 2026 edition of the #NLNGChangeYourStory initiative, a capacity-building workshop organised by Nigeria LNG Limited (NLNG). The three-day training, hosted in Abuja and concluded on…
After buying out M&P, Tony Elumelu takes seat in Seplat Energy’s board
Sopuruchi Onwuka Following the completion of a deal to acquire the entire 20.07 percent equity stake held by Etablissements Maurel et Prom (M&P) SA, Nigerian billionaire investor Tony Elumelu has joined the board of Seplat Energy Plc as a Non-Executive…
Iran leads with 1,500 executions as death sentences surged in 2025 — UN
Frank Okon Iran and several neighbouring Middle Eastern countries with restricted democratic space recorded high numbers of executions in 2025, contributing to a global surge in death sentences, the United Nations has said. Despite a long-term global decline in the…
