News

Ad

Oil Forecasters Rush to Revise Outlooks as Israel-Iran Conflict Escalates

Analysts warn of oil prices spiking to $80 or more if Iran retaliates harshly or blocks the Strait of Hormuz following Israeli strikes on its military infrastructure. Iran has already responded with drone strikes, escalating fears of broader conflict and impacting oil market forecasts. While tensions are high, many analysts believe a full-scale war is…

NNPCL: Ojulari Announces N5.89trn Revenue, Releases Performance Report

By Kolawole Ojebisi The Nigerian National Petroleum Company Ltd(NNPCL) has released a summary of its monthly Performance report for the month of April, 2025. This development is coming barely two months after Bayo Ojulari tool over the leadership position of the NNPCL as the firm's Group Chief Executive Officer(GCEO). The company, in its report, claimed…

Modi, Starmer, Others Mourn as Air India Plane Crash Kills Over 226 Passengers

By Abiola Olawale Indian Prime Minister Narendra Modi and United Kingdom (UK) Prime Minister Keir Starmer, among other global leaders, have mourned the death of over 226 individuals after an Air India 787 Dreamliner, Flight AI171, bound for London Gatwick, crashed on Thursday. The catastrophic incident, one of the deadliest in India’s aviation history, has…

Rivers Crisis: You’re Enabling Autocracy, military-Style Suppression, Dickson Tells Tinubu

By Kolawole Ojebisi The lawmaker representing Bayelsa West, Senator Seriake Dickson, has criticised President Bola Tinubu for his silence over what he described as a "constitutional aberration" unfolding in Rivers State in his Democracy Day speech Dickson accused the Tinubu administration of enabling a creeping “military-style suppression of democracy.” for failing to address the emergency…

Air India crash: What may have gone wrong? A commercial pilot’s first analysis

There is speculation of right rudder input, which could indicate a left engine failure A plausible scenario is that the landing gear became stuck Early analysis of flight visuals from the ill-fated Air India AI171, which crashed shortly after takeoff from Ahmedabad, has raised serious questions about the aircraft’s configuration and possible technical malfunctions during…

Oil Prices Dip but Bullish Sentiment Remains

Crude oil prices dropped back slightly on Thursday, after jumping by 4% on Wednesday to hit the highest in two months on the news that the U.S. was pulling out its staff from the embassy in Baghdad. The drop was driven by profit-taking, but bullish sentiment remains. At the time of writing, Brent crude was…

BREAKING! [VIDEO] Sole Survivor Walks from Air India Plane Crash in Ahmedabad

By Abiola Olawale In a dramatic twist of fate, an individual has survived the catastrophic Air India flight that crashed shortly after takeoff from Ahmedabad, India. The Boeing 787 Dreamliner, en route to London with 242 individuals on board, plunged into a residential area, igniting a blaze that initially led authorities to believe there were…

Ad

Oil Forecasters Rush to Revise Outlooks as Israel-Iran Conflict Escalates

Analysts warn of oil prices spiking to $80 or more if Iran retaliates harshly or blocks the Strait of Hormuz following Israeli strikes on its military infrastructure. Iran has already responded with drone strikes, escalating fears of broader conflict and impacting oil market forecasts. While tensions are high, many analysts believe a full-scale war is…

NNPCL: Ojulari Announces N5.89trn Revenue, Releases Performance Report

By Kolawole Ojebisi The Nigerian National Petroleum Company Ltd(NNPCL) has released a summary of its monthly Performance report for the month of April, 2025. This development is coming barely two months after Bayo Ojulari tool over the leadership position of the NNPCL as the firm's Group Chief Executive Officer(GCEO). The company, in its report, claimed…

Modi, Starmer, Others Mourn as Air India Plane Crash Kills Over 226 Passengers

By Abiola Olawale Indian Prime Minister Narendra Modi and United Kingdom (UK) Prime Minister Keir Starmer, among other global leaders, have mourned the death of over 226 individuals after an Air India 787 Dreamliner, Flight AI171, bound for London Gatwick, crashed on Thursday. The catastrophic incident, one of the deadliest in India’s aviation history, has…

Rivers Crisis: You’re Enabling Autocracy, military-Style Suppression, Dickson Tells Tinubu

By Kolawole Ojebisi The lawmaker representing Bayelsa West, Senator Seriake Dickson, has criticised President Bola Tinubu for his silence over what he described as a "constitutional aberration" unfolding in Rivers State in his Democracy Day speech Dickson accused the Tinubu administration of enabling a creeping “military-style suppression of democracy.” for failing to address the emergency…

Air India crash: What may have gone wrong? A commercial pilot’s first analysis

There is speculation of right rudder input, which could indicate a left engine failure A plausible scenario is that the landing gear became stuck Early analysis of flight visuals from the ill-fated Air India AI171, which crashed shortly after takeoff from Ahmedabad, has raised serious questions about the aircraft’s configuration and possible technical malfunctions during…

Oil Prices Dip but Bullish Sentiment Remains

Crude oil prices dropped back slightly on Thursday, after jumping by 4% on Wednesday to hit the highest in two months on the news that the U.S. was pulling out its staff from the embassy in Baghdad. The drop was driven by profit-taking, but bullish sentiment remains. At the time of writing, Brent crude was…

BREAKING! [VIDEO] Sole Survivor Walks from Air India Plane Crash in Ahmedabad

By Abiola Olawale In a dramatic twist of fate, an individual has survived the catastrophic Air India flight that crashed shortly after takeoff from Ahmedabad, India. The Boeing 787 Dreamliner, en route to London with 242 individuals on board, plunged into a residential area, igniting a blaze that initially led authorities to believe there were…

X whatsapp