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Yemisi Lanre-Idowu

Oil Prices Falls By 4% As Iran Targets U.S. Bases

Oil prices dropped sharply by over $3 on Monday, falling nearly 4%, after Iran launched missile strikes on a U.S. military base in Qatar...

Rand Weakens As Oil Prices Rise And U.S–Iran Tensions Escalate

The South African rand weakened in early trade on Monday, dragged down by a spike in global oil prices and increased geopolitical tension following...

NNPCL Increased Petrol Prices In Abuja And Lagos

Retail stations operated by the Nigerian National Petroleum Company Limited have implemented a price hike for Premium Motor Spirit, commonly referred to as petrol,...

Federal Government to Revoke Inactive Oil Licences Under New ‘Drill or Drop’ Policy

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its readiness to enforce the ‘drill or drop’ policy targeting dormant oil licences. Gbenga Komolafe, Chief...

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Breaking: Nollywood Star Alex Ekubo Dies At 40

Popular Nollywood actor Alex Ekubo has reportedly died at the age of 40 following a brief illness. According to emerging reports from multiple media platforms, the actor passed away on Tuesday at a hospital in Lagos after suffering complications related to an undisclosed health condition. Unconfirmed reports circulating on...

World Leaders Arrive In Nairobi For Africa Forward Summit

Several African heads of state, government officials, diplomats, and international leaders have arrived in Nairobi, Kenya, for the 2026 Africa Forward Summit, a major two-day event focused on trade, investment, innovation, infrastructure, industrialisation, and Africa-France partnerships. The summit, jointly hosted by Kenyan President William Ruto and French President...

Uganda’s Museveni Sworn In For Seventh Term

Ugandan President Yoweri Museveni has officially been sworn in for a seventh consecutive term, extending his almost four decades in power after winning the country’s controversial January elections. The 81-year-old leader, who first assumed office in 1986 after leading a rebel movement, took the oath of office on Tuesday at...