Norway Oil Exports Hit Record High On Iran War
Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial…
Category: Business
Japan Refiners To Buy Nigerian Crude As War Risks 95% Imports
Japan refiners are ramping up crude oil importation from Nigeria, highlighting the short-term challenges of replacing their Middle Eastern…
Uber Ramps Up Robotaxis Push With $10bn Commitment
Breaking from its asset-light “gig economy” business model to avoid disruption from robotaxis, Uber has committed more than $10…
China, Vietnam Leaders Sign Cooperation Deals
Vietnam’s President To Lam met with China’s leader Xi Jinping in Beijing on Wednesday, Chinese state media said, hoping…
Nigeria’s Public Debt Hits ₦159.28trn In December– DMO
Nigeria’s total public debt increased to N159.28 trillion as of December 31, 2025. Total public debt rose from N153.29 trillion…
Fertiliser Shortages Hit Developing Countries As Iran War Rages
Fertiliser shortages due to the Iran war are a concern for developing countries, the head of the United Nations…
Gains From Rising Oil Prices Likely To Be Short-Lived, UN, IMF Warn Nigeria, Others
Profits from rising oil and gas prices for developing world producers, including Nigeria, are likely to be short-lived, the…
S. Korea Secures 270mb Oil From Suppliers Unaffected By Hormuz Blockade
South Korea has secured supplies of more than 270 million barrels of crude oil via routes unaffected by the…
Stocks Rally, Oil Extends Losses As Trump Fans Fresh Peace Hopes
Stocks rose, and oil fell again Wednesday after Donald Trump said a second round of US-Iran talks could take…
IMF Cuts Nigeria’s 2026 Growth Outlook To 4.1% Over Mideast War
The International Monetary Fund (IMF) has downgraded Nigeria’s 2026 growth forecast to 4.1 per cent as the economic fallout…