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Goldman Sachs lifts oil outlook as Hormuz disruption reshapes global markets
Goldman Sachs has sharply raised its oil price outlook for 2026, pointing to the prolonged disruption in the Strait of Hormuz as a defining shock to global energy markets. The bank now expects Brent crude to average $85 per barrel…
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…
UN demands government’s response to Nigeria’s worsening humanitarian crisis
Sopuruchi Onwuka United Nation’s humanitarian office in Nigeria has stated that the current security crisis in the country is rapidly transcending regional and religious lines while spreading deadly conflicts across neighboring communities. The UN is now urging Nigerian federal and…
Seplat’s 300MMscfd ANOH Gas Project delivers first commercial gas
Sopuruchi Onwuka Seplat Energy Plc has announced the commencement of commercial operations at its long-awaited Asa North and Ohaji (ANOH) Gas Processing Plant, marking a major milestone for Nigeria’s domestic gas sector. The indigenous energy company, listed on the Nigerian…
Trump’s Greenland tariff threat deepens rift between Europe and the United States
Ziggy ojiegbe Donald Trump’s threat to impose new tariffs on European allies over their opposition to his proposed takeover of Greenland has sharply worsened relations between the United States and Europe, exposing growing mistrust within the transatlantic alliance. The US…
Japa: Death tolls on Mediterranean routes amplify the cost of diaspora remittances
By Sopuruchi Onwuka More than 3,000 African migrants died in the Mediterranean Sea in 2025 while attempting dangerous crossings into Europe, according to a new report by Spanish NGO Caminando Fronteras. The report highlights the desperation that pushes young skilled…
WAPCo positions for Nigeria’s greater export agenda, regional demand boom
By Sopuruchi Onwuka The West African Gas Pipeline Company Limited (WAPCo) has declared its readiness to play a leading role in advancing the economic and industrial aspirations of West African countries, citing the resilience of its assets, strong operational performance,…
Heirs to inherit over $70trn in 10 years as global poverty worsens
G20 committee demands coordinated response to inequality Sopuruchi Onwuka Descendants of millionaires will inherit over $70 trillion from wealth dynasties in the next 10 years when nearly half of global population is also predicted to increasingly slip into severe food…
Shrinking civic space: WSCIJ calls for rebuilding trust between police and media
Strengthening trust and collaboration between the police and the media has emerged as one of the key recommendations from the 2024 Journalism and Civic Space Status Report, launched by the Wole Soyinka Centre for Investigative Journalism (WSCIJ) in Lagos. The…
African local content policies must complement, not negate ACFTA vision
Nigerian oil independents are technically capable, but poorly funded Dr. Emmanuel Okoroafor, erudite and practiced, sits on the board of one of Nigeria’s fasted growing integrated energy companies, Hobark International Limited, as Executive Director. With over 30 years of vast…
