- XRP Price Rises as Ripple Deepens Korean Bank Ties
- UBA Shares Attract N2.045bn in Transaction Value
- NCC to Leverage DBI’s ITU Recognition to Advance Digital Literacy
- Access Holdings Slips, Drives 50.54% of Shares Traded on NGX
- Equities Investors Lose N91bn as Nestle, Cadbury, Oando Dip
- NVIDIA Tokenized Stock Gains on Equity Momentum, Buyback
- SpaceX Tokenized bStocks Climbs 4% on “Super Intelligence” Catalyst
- Cardano Price Climbs 12% after RealFi Protocol Mainnet Launch
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
Iran Says Strait of Hormuz Closed, Warns it’ll Attack Ships Trying to Pass Iran says the Strait of Hormuz is closed and it will fire on any ship trying to pass, Iranian media has reported. About a fifth of the world’s total oil consumption passes through the strait. The Strait of Hormuz lies between Oman and Iran. It links the Gulf north of it with the Gulf of Oman to the south and the Arabian Sea beyond. It is 21 miles (33 km) wide at its narrowest point, with the shipping lane just 2 miles (3 km) wide in either…
U.S. Imposes Sanctions on Rwanda Military Over East Congo Fighting The U.S. on Monday imposed sanctions on the Rwanda Defence Force (RDF) and top military officials over their role in ongoing fighting in eastern Democratic Republic of Congo and called for their immediate withdrawal from the mineral-rich region. Rwanda has long rejected allegations from Congo, the United Nations, and Western powers that it supports the AFC/M23 rebel group, which staged a lightning offensive last year and now holds more territory in eastern DRC than ever before. But the U.S. Treasury Department said on Monday that the rebels’ gains would have…
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…
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