At least 15 people, including four journalists, were killed Monday when Israeli strikes hit Nasser Hospital in Khan Yunis, Gaza’s civil defence agency said. Agency spokesperson Mahmud Bassal reported that the dead included a civil defence worker. He said the hospital complex was first targeted by an Israeli explosive drone before an air strike struck…
By Ayomide Otitoju Nigerian crude prices climbed on Monday, with Bonny Light settling near $70 per barrel after touching record highs earlier this month. The gain comes as Nigeria continues to exceed its production quota under the Organization of Petroleum Exporting Countries and its allies (OPEC+). Global benchmarks also recovered after weeks of selling pressure….
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) and several upstream gas producers have signed long-term Gas Supply Agreements (GSAs) with Nigeria Liquefied Natural Gas Limited (NLNG) for the delivery of 1.29 billion standard cubic feet of feedgas per day. The agreements, which run for 20 years with extension options, were sealed…
The United Kingdom government on Sunday announced sweeping sentencing reforms that will bar criminals from pubs, concerts, and sports matches under new powers designed to toughen community punishments and curb reoffending. As part of its Plan for Change, the government said judges will be granted wider authority to impose restrictions such as driving limits, travel…
By Ayomide Otitoju The Nigerian Air Force (NAF) has intensified its offensive against bandit kingpin Babaro and his gang, rescuing 76 kidnap victims during a precision airstrike in Katsina State. In a statement on Saturday, Katsina State Commissioner for Internal Security and Home Affairs, Nasir Mu’azu, said the operation was carried out at Pauwa Hill…
By Ayomide Otitoju The Nigerian Air Force (NAF) said it killed more than 35 jihadist fighters in precision air raids on Saturday in Borno State, near the Nigeria–Cameroon border, following an attempted attack on ground troops. The strikes targeted Boko Haram and Islamic State West Africa Province (ISWAP) militants, both of which have intensified assaults…
Chipmaker Intel has agreed to give the United States government a 10 percent equity stake in its business, a move announced Friday by both the company and President Donald Trump. Under the agreement, Washington will receive 433.3 million shares of Intel common stock — representing a 9.9 percent stake — in exchange for $8.9 billion…
India’s parliament has passed sweeping legislation banning online gambling, following government data showing that 450 million citizens collectively lose about $2.3 billion each year on gaming apps. The new law, titled the Promotion and Regulation of Online Gaming Bill, criminalises the offering, promotion, and financing of money-based online games such as poker, card games, and…
By Ayomide Otitoju The Federal Government is in discussions with the Japan International Cooperation Agency (JICA) for a $238 million loan to expand Nigeria’s national electricity grid, particularly the transmission segment of the power value chain. The talks formed part of Nigeria’s engagements at the Ninth Tokyo International Conference on African Development (TICAD 9) in…
