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Year: 2026

Iran shops mediators to end war with US, Israel

Ziggy Ojiegbe Masoud Pezeshkian has called on the BRICS group to intervene and mediate a ceasefire in the escalating conflict involving the United States and Israel, urging what he described as an independent effort to halt ongoing hostilities and prevent…

Commerce and Industry Conflicts and Wars Defence Energy Features Opinion Security

LNG Force Majeure! How Iran exports war pains across global economies

Sopuruchi Onwuka Iran’s missile strikes on Qatar’s gas infrastructure have delivered a systemic shock to global energy markets, exposing the vulnerability of domestic economies to external supply disruptions and triggering a renewed economic squeeze worldwide. The attacks, launched on March…

Iran war: Death toll climbs to 4,195 across 12 countries

Sopuruchi Onwuka, with agency reports At least 4,195 people have been killed across 12 countries in the three weeks since the United States and Israel launched strikes on Iran on February 28, triggering a wave of retaliatory attacks across the…

NSIA dairy deal to create 7,500 jobs, strengthen food supply

Sopuruchi Onwuka The Nigeria Sovereign Investment Authority (NSIA) has signed a Memorandum of Understanding (MoU) with UK‑based Asset Green Limited to develop an integrated dairy livestock production and processing platform in Nigeria. The partnership represents a major step toward transforming…

Energy prices surge after Iran’s strike at Qatar LNG sparks regional outrage

Benchmark Brent crude touches $119/bbl Sopuruchi Onwuka, with agency reports Global energy markets jolted on Thursday after Iran struck Qatar’s Ras Laffan LNG facility, threatening 20 percent of global LNG supply, triggering sharp rises in oil and gas prices and…

Oil crunch: Why price incentives cannot boost Nigeria’s output

Sopuruchi Onwuka Nigeria, Africa’s biggest oil producer and key member of OPEC, is often counted as a potential fallback supplier whenever global oil markets are shaken. But the prevailing supply crisis linked to tensions around Iran and the risk to…

NUPRC moves shortlisted bidders to data phase in 2025 licensing round

Sopuruchi Onwuka Data access centers have now been opened to pre-qualified bidders in Nigeria’s 2025 oil and gas licensing round, marking the transition into a more technical phase of the process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that,…

MTN plans AI-enabled data centres in S. Africa, Nigeria

Frank Okon MTN Group is advancing plans to build AI-enabled data centres in South Africa and Nigeria, betting on rapid growth in Africa’s digital infrastructure needs. The announcement comes as part of MTN’s broader Ambition 2030 strategy, which reorganises the…

UN says renewables guarantee security amid global energy shocks

Ziggy Ojiegbe The conflict in the Middle East is driving up global oil and gas prices, underscoring the strategic value of renewable energy, the UN’s top climate change official warned on Monday. Speaking at the 2026 Green Growth Summit in…

Civilians bear brunt as Middle East conflict escalates, UN says

Frank Okon The escalating war in the Middle East is taking a growing toll on civilians, UN experts warned on Monday during a briefing to the Human Rights Council in Geneva. Independent investigators highlighted rising violence following Israeli and U.S….