April 02, 2026 Crude oil price moved higher today, adding some 5% from Wednesday, following President Donald Trump’s address to the nation, in which he said the United States would continue attacking Iran. Brent crude was trading at $107.49 per barrel at the time of writing, up by over 6% from Wednesday. WTI was up […]Read More
April 1, 2026 President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic […]Read More
March 27, 2026 Russia’s oil exporters are warning buyers of force majeure that cargoes from its key Baltic ports may not be delivered at all. Russian producers are now saying they may declare force majeure on cargoes from key Baltic Sea ports after a sustained wave of Ukrainian drone strikes knocked out critical infrastructure this […]Read More
Mar 02, 2026 Saudi Arabia shut its largest domestic oil refinery on Monday after a drone strike, as a widening cycle of attacks across the Middle East forced precautionary shutdowns at key oil and gas facilities from Iraqi Kurdistan to offshore Israel, tightening regional supply and sending crude prices sharply higher. State oil giant Saudi […]Read More
November 30, 2025 OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026, reaffirming their production control framework amid mounting concerns over a looming supply glut and weakening prices. The decision came at the 40th OPEC and non-OPEC Ministerial Meeting, where members endorsed a new mechanism to assess national […]Read More
Jul 23, 2025 Oil Price: While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer clues about the trading divisions of Big Oil. Typically, major price swings benefit trading desks; however, this past quarter’s wild […]Read More
Jun 27, 2025 France’s TotalEnergies is in advanced talks to sell its shale oil assets in Argentina, with at least two suitors having submitted bids, according to sources familiar with the matter. The move aligns with CEO Patrick Pouyanné’s earlier statement that the company would consider divesting its stakes at the right price. While Total […]Read More
Lagos, Nigeria – March 17, 2025 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025. The Foundation’s 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds. TEF […]Read More
The Supreme Court has dismissed two appeals by the Attorney General of Rivers State and the Speaker of the state’s Assembly seeking to set aside the leave granted the Economic and Financial Crimes Commission (EFCC) to challenge an order prohibiting the investigation of the tenure of Peter Odili as governor of the state. Injunction Restraining […]Read More
In a historic move that underscores the Federal Government’s commitment to the young people, President Bola Tinubu inaugurated the Planning Committee for the National Youth Conference, setting a new impetus for the country’s future. As the Senior Special Assistant on Youth Engagement, I am inspired by the President’s visionary leadership and the opportunities this initiative […]Read More
