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Oil prices slipped in early Asian trading on Thursday, giving back some of the previous session’s gains as traders prepared for the end of the summer driving season and closely watched trade tensions between the U.S. and India. At the time of writing, West Texas Intermediate (WTI) was down 39 cents, or 0.61%, at $63.76…
August 28, 2025
By Abiola Olawale President Bola Ahmed Tinubu has concluded a three-day state visit to Brazil, departing the country for Abuja on Wednesday, August 27, 2025. The New Diplomat reports that the presidential jet took off from BrasÃlia International Airport Air Force Base, with a ceremonial send-off attended by Brazil’s Secretary for Africa and the Middle…
August 27, 2025
• Two brothers at war over who succeeds Nguema Mbasogo By Obinna Uballa An Equatorial Guinea court has sentenced Ruslan Obiang Nsue, son of President Teodoro Obiang Nguema Mbasogo, to six years in prison for illegally selling a plane belonging to the state airline, Ceiba Intercontinental, a case analysts say reflects growing rivalry within the…
August 27, 2025
• He remains Bank MD, Says Access By Obinna Uballa Access Holdings Plc has explained that Mr. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, resigned from the Board of the HoldCo to comply with regulatory guidelines issued by the Central Bank of Nigeria (CBN). The company, in a statement signed…
August 27, 2025
Crude oil inventories in the United States decreased by 2.4 million barrels during the week ending August 22, after falling 6 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 418.3 million barrels according to government data, which…
August 27, 2025
By Obinna Uballa SpaceX's major win on Tuesday as its big Starship rocket successfully completed a critical test flight, marking a turnaround after a string of explosive setbacks earlier in the year, has elicited reactions, reports said. Experts have reportedly hailed the move as groundbreaking. The more-than-400-foot rocket, central to SpaceX’s commercial ambitions and NASA’s…
August 27, 2025
By Obinna Uballa Experts have stressed the need for stricter border enforcement to ensure the success of the Federal Government’s six-month ban on raw shea nut exports, a policy aimed at curbing informal trade and generating $300 million in revenue. “The ban is a welcome development. The price of shea butter has skyrocketed in recent…
August 27, 2025
By Obinna Uballa A court in Equatorial Guinea has sentenced Baltasar Ebang Engonga, the former head of the country’s financial investigation agency, to eight years in prison for embezzlement. This latest development is coming months after he made global headlines over leaked sex tapes involving him and other officials’ wives. The Bioko Provincial Tribunal found…
August 27, 2025
By Obinna Uballa Bashir Abdullahi Haske, a businessman and a son-in-law of former Vice President Atiku Abubakar, has reacted to allegations by the Economic and Financial Crimes Commission (EFCC) linking him to a multi-million-dollar fraud scheme and accusing him of evading justice. In a statement issued by his media office in Abuja on Tuesday, Haske…
August 26, 2025
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Oil prices slipped in early Asian trading on Thursday, giving back some of the previous session’s gains as traders prepared for the end of the summer driving season and closely watched trade tensions between the U.S. and India. At the time of writing, West Texas Intermediate (WTI) was down 39 cents, or 0.61%, at $63.76…
August 28, 2025
By Abiola Olawale President Bola Ahmed Tinubu has concluded a three-day state visit to Brazil, departing the country for Abuja on Wednesday, August 27, 2025. The New Diplomat reports that the presidential jet took off from BrasÃlia International Airport Air Force Base, with a ceremonial send-off attended by Brazil’s Secretary for Africa and the Middle…
August 27, 2025
• Two brothers at war over who succeeds Nguema Mbasogo By Obinna Uballa An Equatorial Guinea court has sentenced Ruslan Obiang Nsue, son of President Teodoro Obiang Nguema Mbasogo, to six years in prison for illegally selling a plane belonging to the state airline, Ceiba Intercontinental, a case analysts say reflects growing rivalry within the…
August 27, 2025
• He remains Bank MD, Says Access By Obinna Uballa Access Holdings Plc has explained that Mr. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, resigned from the Board of the HoldCo to comply with regulatory guidelines issued by the Central Bank of Nigeria (CBN). The company, in a statement signed…
August 27, 2025
Crude oil inventories in the United States decreased by 2.4 million barrels during the week ending August 22, after falling 6 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 418.3 million barrels according to government data, which…
August 27, 2025
By Obinna Uballa SpaceX's major win on Tuesday as its big Starship rocket successfully completed a critical test flight, marking a turnaround after a string of explosive setbacks earlier in the year, has elicited reactions, reports said. Experts have reportedly hailed the move as groundbreaking. The more-than-400-foot rocket, central to SpaceX’s commercial ambitions and NASA’s…
August 27, 2025
By Obinna Uballa Experts have stressed the need for stricter border enforcement to ensure the success of the Federal Government’s six-month ban on raw shea nut exports, a policy aimed at curbing informal trade and generating $300 million in revenue. “The ban is a welcome development. The price of shea butter has skyrocketed in recent…
August 27, 2025
By Obinna Uballa A court in Equatorial Guinea has sentenced Baltasar Ebang Engonga, the former head of the country’s financial investigation agency, to eight years in prison for embezzlement. This latest development is coming months after he made global headlines over leaked sex tapes involving him and other officials’ wives. The Bioko Provincial Tribunal found…
August 27, 2025
By Obinna Uballa Bashir Abdullahi Haske, a businessman and a son-in-law of former Vice President Atiku Abubakar, has reacted to allegations by the Economic and Financial Crimes Commission (EFCC) linking him to a multi-million-dollar fraud scheme and accusing him of evading justice. In a statement issued by his media office in Abuja on Tuesday, Haske…
August 26, 2025
