Most Recent Articles by

Henry Williams

Nigeria fails to meet OPEC quota as oil price soars near $76 a barrel

Oil prices rose further Thursday, but cash strapped Nigeria is again facing the curious dilemma arising from its failure to pump out enough crude...

Nigeria’s external reserves to cross $40bn with Eurobond issuance

Nigeria’s rising external reserves is expected to cross $40 billion following the issuance of a $4 billion Eurobond, which has been oversubscribed by investors. The...

Hundreds storm Namibia parliament ahead of German genocide deal vote

Around 300 protesters stormed Namibia's parliament on Tuesday, as the National Assembly was due to vote on a $1 billion compensation offer from Germany...

S.Africa’s Zuma seeks to replace prosecutor in arms trial

A South African court on Tuesday resumed a trial that has dragged out for years over a $2 billion arms deal involving ex-president Jacob...

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NATO Leaders To Meet In Ankara Amid Efforts To Ease Tensions With Trump

NATO leaders will gather in Ankara next week for a summit aimed at strengthening the alliance and easing tensions with U.S. President Donald Trump over recent disagreements, including those involving Iran and Greenland. The two-day meeting, hosted by Turkey, will bring together Trump and the leaders of the...

Supreme Court Clears GHL, Orders Return Of Seized Vessel And Crude

The Supreme Court has overturned the judgment of the Court of Appeal that authorised the seizure of an oil vessel and its crude oil cargo belonging to General Hydrocarbons Limited (GHL) in a contractual dispute involving the First Bank of Nigeria. In a unanimous decision delivered by a five-member panel, the...

Another Evacuation Flight Brings 268 Nigerians From South Africa

Nigeria has continued the evacuation of its citizens affected by the ongoing anti-migrant violence in South Africa, with another batch of returnees arriving safely in Lagos on Friday. The Air Peace evacuation flight landed at the Murtala Muhammed International Airport, bringing home 268 Nigerians, alongside two officials and crew members. The...