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NCDMB to feature Dr Peterside’s crisis management strategies at book reading session
Sopuruchi Onnwuka The Nigerian Content Development and Monitoring Board (NCDMB) will host the fourth edition of its Quarterly Book Reading Programme, providing a platform for Dr. Dakuku Peterside, former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…
Eight OPEC+ producers adjust output, pledge market stability
Frank Okon The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and…
UK bans Kanye West over hate speech against Jews
Sopuruchi Onwuka Kanye West has been barred from entering the United Kingdom, a sweeping government move that reflects the escalating consequences of years of antisemitic rhetoric and controversy surrounding the artist. British officials denied West’s travel authorization, concluding that his…
UN exploring scalable solutions Africa’s food, energy security challenges
NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…
OPEC+ considers output boost as Hormuz impasse traps market supply
Sopuruchi Onwuka, with agency reports Organization of Petroleum Exporting Countries and its non-member allies (OPEC+) are expected to weigh another modest increase in oil production this weekend, even as the ongoing U.S.-Israeli war with Iran keeps the Strait of Hormuz…
UN urges accelerated energy transition amid Strait of Hormuz crisis
The ongoing crisis in the Middle East is intensifying calls from the United Nations for a faster global shift to renewable energy, as disruptions to fossil fuel supplies expose the vulnerability of nations reliant on oil and gas from conflict-prone…
US EXIM approves over $2 bn US LNG supply to Egypt
Ziggy Ojiegbe The Export-Import Bank of the United States has approved more than $2 billion in financing support for U.S. liquefied natural gas exports to Egypt, in a move aimed at expanding American energy reach and strengthening strategic trade ties….
NUPRC says Nigeria has recovered oil output to 1.84m
Channels more oil revenue from NNPC slush funds to federal account Sopuruchi Onwuka Commission Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has declared that country has rebuilt available oil production capacity to some1.84 million…
Hope rises for global shipping as French vessel sails through Hormuz
Frank Okon A container ship linked to French shipping giant CMA CGM has reportedly become the first Western European-affiliated vessel to transit the Strait of Hormuz since the start of the Iran war, signaling a tentative return of commercial traffic…
Nigeria’s Oil Reserves Stand at 37.01bn Barrels, Gas at 215.19TCF – NUPRC
Sopuruchi Onwuka Nigeria’s total oil and condensate reserves stood at 37.01 billion barrels as of January 1, 2026, while total natural gas reserves reached 215.19 trillion cubic feet (TCF), the Nigeria Upstream Petroleum Regulatory Commission has declared. The Commission Chief…
