Author: Ogochukwu Ndubuisi

Brent hit $80 per barrel on Tuesday as Middle East tensions rattled the global commodity market, raising supply risks and affecting energy costs.

Iran Regime Change Welcome But Not Main Goal – U.S. Vice President U.S. officials have stressed that President Donald Trump’s actions in Iran are not primarily aimed at regime change. In an interview with Fox News published on Monday, Vice President JD Vance said that “in a perfect world,” the United States would welcome a leader in Tehran willing to cooperate with Washington. But Trump’s main objective, he said, is to ensure that Iran never acquires a nuclear weapon, regardless of who is in power. “Whatever happens with the regime in one form or another, it’s incidental to the president’s…

FG Unveils $552m HOPE-EDU Initiative to Boost Basic Education Reform The Federal Government has unlocked a 552 million dollars HOPE for Quality Basic Education for All (HOPE-EDU) programme to accelerate basic education reform across the country. This is contained in a statement on Tuesday in Abuja by Boriowo Folasade, Director Press and Public Relations, Federal Ministry of Education. The initiative, facilitated by the ministry is aimed at improving foundational learning, expanding access to quality basic education and strengthening education systems in participating states. Boriowo quoted the Minister of Education, Dr Tunji Alausa to have said that the programme aligned with…

The Akwa Ibom Government says it has cleared all inherited bank debts totalling N39.83 billion, including the principal and interest.

Iran Not Negotiating With U.S. — Top Official Secretary of Iran’s Supreme National Security Council Ali Larijani on Monday stressed that the country will not negotiate with the United States. Larijani made the remarks in a post on X in response to a Wall Street Journal report, claiming that he was seeking to return to the negotiating table with the United States. The United States and Israel on Saturday morning launched joint attacks on Iran’s capital of Tehran and several other cities. The attack killed Supreme Leader Ali Khamenei, along with several others, including some of the leader’s family members,…

Ethiopian Airlines Cancel Flights to 10 Middle East Destinations Ethiopian Airlines has on Monday announced it cancellation of flights to 10 destinations across the Middle East following airspace closures in several countries amid heightened security concerns. In a statement, Africa’s largest carrier said it expanded its flight suspensions to six additional destinations after initially halting services to four cities on Saturday. The latest move brought the total number of affected routes to 10. The suspended destinations included; Amman, Tel Aviv, Beirut, Dammam, Doha, Bahrain and Kuwait, as well as Dubai, Sharjah and Abu Dhabi in the United Arab Emirates. The…

Germany Rules Out Joining U.S.-Israeli Offensive Against Iran Germany will not participate in U.S. and Israeli military operations against Iran, Foreign Minister Johann Wadephul said on Monday. “The German Government has no intention of participating,” Wadephul told Deutschlandfunk radio, two days after a large-scale US-Israeli offensive began He said, unlike the United Kingdom, which has allowed the U.S. to use its regional bases to target Iranian missiles and launch sites, Germany did not have comparable military infrastructure in the region. “We also do not have the necessary military resources. From the German perspective, there will be no further measures beyond…

Dawes Island Oil Field Secures $109m Funding From REIN Capital Dawes Island Marginal Oil Field has  secured 109 million dollars lending facility with Toronto-based REIN Capital to boost its operations. Odjegba Onoriode, the Managing Director of Eurafric Energy, disclosed this in a statement on Monday in Lagos. According to Onoriode, the funding is a significant financial boost for the development of the Dawes Island marginal field. He said that the move signals a major step for operator Eurafric Energy, following a recent court ruling that restored the company’s ownership of the asset. Onoriode disclosed that the financing initiative was backed…

Nasarawa Attracts $1bn Investments in 2025 – Report Investment The Nasarawa State Government attracted domestic and foreign direct investments worth $1.008 billion dollars between January and December 2025, according to an official report. The report by the Nasarawa Investment and Development Agency (NASIDA) was made available to the News men on Monday in Lafia. It indicated that the figure comprised 505.7 million dollars in actualised investments and 502.8 million dollars in announced commitments. The report explained that actualised investments represent projects that have reached implementation stage, while announced investments refer to formal commitments such as Memorandums of Understanding and Letters…

OPEC+ to Raise Oil Output in April The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday decided to ramp up oil output by 206,000 barrels per day (bpd) in April. The announcement was made after a virtual meeting where member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, reviewed global market conditions and outlook, according to a statement on the OPEC website. “The eight participating countries decided to resume the unwinding of the 1.65 million barrels per day of additional voluntary adjustments announced in…