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The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to fund projects and shareholder payouts. The downturn is significantly impacting the US shale industry and raising concerns about the future of…
September 10, 2025
By Obinna Uballa The immediate past United States vice president Kamala Harris has described Joe Biden’s decision in 2024 to seek a second term as president as an act of “recklessness,” in explosive excerpts from her forthcoming memoir released Wednesday. Harris, who replaced Biden as the 2024 Democratic nominee but ultimately lost to Donald Trump,…
September 10, 2025
By Obinna Uballa United States inflation cooled at the wholesale level last month as producer prices unexpectedly dipped, easing pressure on businesses and reinforcing expectations of a Federal Reserve rate cut later this month. Data from the Bureau of Labor Statistics released Wednesday showed producer prices fell 0.1% in August, pulling annual inflation down to…
September 10, 2025
By Abiola Olawale The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has sounded a warning to Nigeria's political parties, declaring that early political campaigns by aspirants and parties pose a severe threat to the nation's fragile democratic framework. Speaking at a high-level stakeholders' roundtable on the challenges of early political campaigns,…
September 10, 2025
By Obinna Uballa Multilateral development banks (MDBs) are preparing to expand climate financing commitments at COP30 in Belém, Brazil, building on a record $137 billion deployed in 2024, according to the Joint Report on Multilateral Development Banks’ Climate Finance made available to New Diplomat on Wednesday. The report, coordinated by the European Investment Bank (EIB)…
September 10, 2025
Ekwunife: "Your mouth smells, you're dirtiest gov, ordour from your mouth is stinking.. " Soludo: " Fake PhD, with $60 you buy it! No diploma, no degree yet she claim a PhD.." By Obinna Uballa The Anambra political space has descended into a storm of insults ahead of the state's governorship election coming up on…
September 10, 2025
By Obinna Uballa Israel’s unprecedented strike on Hamas leaders in Qatar’s capital Doha on Tuesday has triggered an international backlash, raising fears of a wider regional escalation. Hamas says six people were killed, including one Qatari security officer, but insists its senior negotiators, led by Khalil al-Hayya, survived. The Israeli military confirmed it carried out…
September 10, 2025
By Obinna Uballa A Russian aerial bomb strike has killed at least 21 civilians and injured several others in the rural village of Yarova in Ukraine’s eastern Donetsk region, officials said on Tuesday, describing the attack as one of the deadliest in recent weeks. President Volodymyr Zelensky condemned the strike as “brutally savage,” saying it…
September 9, 2025
By Abiola Olawale In a scathing critique of President Bola Tinubu's administration, a former Kogi West Senator, Dino Melaye, has slammed the debt profile of Nigeria. This is as the former lawmaker predicted that the federal government could soon resort to borrowing from popular Nigerian fintech platforms like Opay and Moniepoint. Speaking during an interview…
September 9, 2025
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The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to fund projects and shareholder payouts. The downturn is significantly impacting the US shale industry and raising concerns about the future of…
September 10, 2025
By Obinna Uballa The immediate past United States vice president Kamala Harris has described Joe Biden’s decision in 2024 to seek a second term as president as an act of “recklessness,” in explosive excerpts from her forthcoming memoir released Wednesday. Harris, who replaced Biden as the 2024 Democratic nominee but ultimately lost to Donald Trump,…
September 10, 2025
By Obinna Uballa United States inflation cooled at the wholesale level last month as producer prices unexpectedly dipped, easing pressure on businesses and reinforcing expectations of a Federal Reserve rate cut later this month. Data from the Bureau of Labor Statistics released Wednesday showed producer prices fell 0.1% in August, pulling annual inflation down to…
September 10, 2025
By Abiola Olawale The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has sounded a warning to Nigeria's political parties, declaring that early political campaigns by aspirants and parties pose a severe threat to the nation's fragile democratic framework. Speaking at a high-level stakeholders' roundtable on the challenges of early political campaigns,…
September 10, 2025
By Obinna Uballa Multilateral development banks (MDBs) are preparing to expand climate financing commitments at COP30 in Belém, Brazil, building on a record $137 billion deployed in 2024, according to the Joint Report on Multilateral Development Banks’ Climate Finance made available to New Diplomat on Wednesday. The report, coordinated by the European Investment Bank (EIB)…
September 10, 2025
Ekwunife: "Your mouth smells, you're dirtiest gov, ordour from your mouth is stinking.. " Soludo: " Fake PhD, with $60 you buy it! No diploma, no degree yet she claim a PhD.." By Obinna Uballa The Anambra political space has descended into a storm of insults ahead of the state's governorship election coming up on…
September 10, 2025
By Obinna Uballa Israel’s unprecedented strike on Hamas leaders in Qatar’s capital Doha on Tuesday has triggered an international backlash, raising fears of a wider regional escalation. Hamas says six people were killed, including one Qatari security officer, but insists its senior negotiators, led by Khalil al-Hayya, survived. The Israeli military confirmed it carried out…
September 10, 2025
By Obinna Uballa A Russian aerial bomb strike has killed at least 21 civilians and injured several others in the rural village of Yarova in Ukraine’s eastern Donetsk region, officials said on Tuesday, describing the attack as one of the deadliest in recent weeks. President Volodymyr Zelensky condemned the strike as “brutally savage,” saying it…
September 9, 2025
By Abiola Olawale In a scathing critique of President Bola Tinubu's administration, a former Kogi West Senator, Dino Melaye, has slammed the debt profile of Nigeria. This is as the former lawmaker predicted that the federal government could soon resort to borrowing from popular Nigerian fintech platforms like Opay and Moniepoint. Speaking during an interview…
September 9, 2025
