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OPEC+ plans to fully unwind its 2.2 million bpd production cuts by September, much faster than originally scheduled. The group’s surprise production increases aim to regain market share and align with U.S. calls for lower energy prices. Analysts warn of potential oil oversupply and declining U.S. shale production if oil prices remain at or below…
July 7, 2025
By Abiola Olawale Veteran international journalist, lawyer and first class Scholar, Reuben Abati, has lambasted the Minister of Federal Capital Territory (FCT) over a recent thanksgiving church service by the latter to celebrate the completion of 16 infrastructure projects in Abuja. Abati, who earned a first class degree from the University of Calabar in 1985…
July 7, 2025
By Abiola Olawale Iranian President Masoud Pezeshkian has made a shocking claim, alleging that Israel attempted to assassinate him during a recent 12-day conflict between the two nations. In an interview with the press, Pezeshkian alleged that Israeli forces targeted a meeting he was attending, using intelligence from spies to launch a bombing strike. He…
July 7, 2025
Slams Leadership’s Credibility Crisis By Abiola Olawale In another blow to the Peoples Democratic Party (PDP), Alhaji Adamu Waziri, a founding member and Board of Trustees (BoT) member, has officially resigned and joined the African Democratic Congress (ADC). The defection was announced on Monday, July 7, 2025, at the Dogo Tebo Ward Centre in Potiskum…
July 7, 2025
Saudi Aramco will be selling its crude to all buyers next month, even as OPEC+ agreed to boost supply by more than what analysts expected. Kpler’s Amena Bakr published the new Aramco price list on X, showing that the biggest price hike will hit buyers of Saudi crude in Europe. The hike across crude blends is $1.40…
July 7, 2025
By Abiola Olawale The Nigerian Correctional Service (NCoS), Kano State Command, has announced that 58 inmates from various custodial facilities across the state are currently participating in the 2025 National Examination Council (NECO) Senior School Certificate Examination (SSCE). The NCoS explained that this initiative was supported by the Kano State Government in a move to…
July 7, 2025
By Abiola Olawale Nigeria could be caught in the crossfire of an additional 10% tariff threat following United States President Donald Trump's vow to sanction any country that aligns with what he calls the "anti-American policies" of the BRICS bloc. This development places Nigeria, a newly minted BRICS partner country, in a precarious economic position.…
July 7, 2025
By Abiola Olawale Oyo State Governor, Seyi Makinde, has expressed deep sorrow over the death of the Olubadan of Ibadanland, Oba Akinloye Owolabi Olakulehin, who passed away on Monday, July 7, 2025, at the age of 90. The revered monarch, who ascended the throne as the 43rd Olubadan on July 12, 2024, died just two…
July 7, 2025
By Abiola Olawale The World Bank’s latest country income classification for the 2025/2026 fiscal year has ranked Nigeria’s position among Lower-Middle Income Economies (LMIEs), trailing behind conflict-ridden Libya and Gabon, which are ranked as Upper-Middle Income Economies (UMIEs). This persistent ranking has raised concerns, particularly over Nigeria’s economic challenges despite recent reforms by the administration…
July 7, 2025
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OPEC+ plans to fully unwind its 2.2 million bpd production cuts by September, much faster than originally scheduled. The group’s surprise production increases aim to regain market share and align with U.S. calls for lower energy prices. Analysts warn of potential oil oversupply and declining U.S. shale production if oil prices remain at or below…
July 7, 2025
By Abiola Olawale Veteran international journalist, lawyer and first class Scholar, Reuben Abati, has lambasted the Minister of Federal Capital Territory (FCT) over a recent thanksgiving church service by the latter to celebrate the completion of 16 infrastructure projects in Abuja. Abati, who earned a first class degree from the University of Calabar in 1985…
July 7, 2025
By Abiola Olawale Iranian President Masoud Pezeshkian has made a shocking claim, alleging that Israel attempted to assassinate him during a recent 12-day conflict between the two nations. In an interview with the press, Pezeshkian alleged that Israeli forces targeted a meeting he was attending, using intelligence from spies to launch a bombing strike. He…
July 7, 2025
Slams Leadership’s Credibility Crisis By Abiola Olawale In another blow to the Peoples Democratic Party (PDP), Alhaji Adamu Waziri, a founding member and Board of Trustees (BoT) member, has officially resigned and joined the African Democratic Congress (ADC). The defection was announced on Monday, July 7, 2025, at the Dogo Tebo Ward Centre in Potiskum…
July 7, 2025
Saudi Aramco will be selling its crude to all buyers next month, even as OPEC+ agreed to boost supply by more than what analysts expected. Kpler’s Amena Bakr published the new Aramco price list on X, showing that the biggest price hike will hit buyers of Saudi crude in Europe. The hike across crude blends is $1.40…
July 7, 2025
By Abiola Olawale The Nigerian Correctional Service (NCoS), Kano State Command, has announced that 58 inmates from various custodial facilities across the state are currently participating in the 2025 National Examination Council (NECO) Senior School Certificate Examination (SSCE). The NCoS explained that this initiative was supported by the Kano State Government in a move to…
July 7, 2025
By Abiola Olawale Nigeria could be caught in the crossfire of an additional 10% tariff threat following United States President Donald Trump's vow to sanction any country that aligns with what he calls the "anti-American policies" of the BRICS bloc. This development places Nigeria, a newly minted BRICS partner country, in a precarious economic position.…
July 7, 2025
By Abiola Olawale Oyo State Governor, Seyi Makinde, has expressed deep sorrow over the death of the Olubadan of Ibadanland, Oba Akinloye Owolabi Olakulehin, who passed away on Monday, July 7, 2025, at the age of 90. The revered monarch, who ascended the throne as the 43rd Olubadan on July 12, 2024, died just two…
July 7, 2025
By Abiola Olawale The World Bank’s latest country income classification for the 2025/2026 fiscal year has ranked Nigeria’s position among Lower-Middle Income Economies (LMIEs), trailing behind conflict-ridden Libya and Gabon, which are ranked as Upper-Middle Income Economies (UMIEs). This persistent ranking has raised concerns, particularly over Nigeria’s economic challenges despite recent reforms by the administration…
July 7, 2025
