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Dangote warns rising oil prices may ground Nigerian airlines
Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…
Oil slumps as Strait of Hormuz reopens despite U.S. blockade on Iran
Ziggy Ojiegbe Iran said it has fully reopened the Strait of Hormuz to commercial shipping, triggering a sharp drop in global energy prices and raising cautious optimism that tensions with the United States may be easing, even as Washington insists…
Iran slips 3 oil cargoes through Strait of Hormuz as tensions ease
Ziggy Ojiegbe Three Iranian oil tankers carrying roughly five million barrels of crude have successfully exited the Gulf, marking the first such movement since Washington imposed a blockade on Iran’s oil exports earlier this week. The development raises fresh questions…
Middle East war portends $58 bn repairs cost on energy sector – Rystad
Frank Okon The ongoing conflict involving Iran and regional tensions has pushed potential repair costs for damaged energy infrastructure to as much as $58 billion, according to new analysis by Rystad Energy. The estimate marks a sharp increase from an…
U.S. presses Iran with incentives and threats as ceasefire talks resume
Ziggy Ojiegbe The United States and Iran have entered a critical phase of negotiations, combining economic incentives with military pressure as both sides attempt to resolve disputes over Iran’s nuclear program and regional security tensions. Talks are being brokered by…
UN demands ceasefire sanctity amid Hormuz tensions
Ziggy Ojiegbe UN Secretary-General António Guterres has called on the United States and Iran to continue negotiations to end their weeks-long conflict, warning that there is no military solution as tensions persist around the Strait of Hormuz. Speaking through his…
UN warns Hormuz disruption could trigger global food crisis
Ziggy Ojiegbe The United Nations has warned that ongoing disruptions in the Strait of Hormuz could trigger a global food crisis, as constrained flows of fuel and fertilizers threaten agricultural production and raise the risk of higher food prices worldwide….
Over 100 civilians die in NAF attack on terrorists
Rita Olaniyi A Nigerian Air Force airstrike on a market in northeastern Nigeria has killed at least around 100 civilians, including children, according to reports from Reuters and the Associated Press, in what officials say was part of an ongoing…
Trump threatens further military action if Iran challenges Hormuz control
Frank Okon President Donald Trump on Monday warned of additional military action against Iran, hours after U.S. naval forces began enforcing a blockade around the Strait of Hormuz, escalating tensions in one of the world’s most critical energy corridors. In…
Millions in Haiti face deepening hunger and violence as crisis worsens, UN warns
Sadiq Umar Millions of people in Haiti are facing worsening hunger, displacement and violence as the country sinks deeper into what the United Nations Office for the Coordination of Humanitarian Affairs has described as one of the most severe humanitarian…
