By Ayomide Otitoju The leadership of the Society of Petroleum Engineers, Nigeria Council (SPE), led by Council Chairman Engr. Francis Nwaochei, FNSE, on Wednesday paid a courtesy visit to Engr. Bashir Bayo Ojulari, Group Chief Executive Officer of NNPC Ltd, at NNPC Towers in Abuja. The delegation was joined by Dr. Riverson Oppong, Africa Regional…
By Ayomide Otitoju Zenith Bank PLC Group Managing Director/CEO, Dame Dr. Adaora Umeoji OON, hosted the 2026 Zenith International Women’s Day (IWD) Seminar themed “Take It; You Own It” on March 9, 2026. The event featured key dignitaries, speakers, and panelists promoting women’s empowerment and leadership. Representing the Special Guest of Honour, Senator Oluremi Tinubu…
China has imposed stricter restrictions on exports of refined oil products as it seeks to shield its economy from the impact of the ongoing US-Israel war on Iran, Bloomberg News reported Thursday. China, the world’s second-largest economy and a top crude oil importer, exported 58 million tonnes of refined fuels last year, including gasoline, diesel,…
South Korea’s parliament on Thursday approved a bill enabling up to $350 billion in investments in the United States, fulfilling a key part of a trade agreement reached with Washington last year to avert steep tariffs proposed by Donald Trump. The agreement, finalized in November, commits Seoul to a major investment package, including $150 billion…
Donald Trump said on Wednesday that the war between the United States and Iran could end soon, claiming there were few remaining military targets in the country. In an interview with Axios, Trump said there was “practically nothing left to target” and suggested the conflict could end quickly if he chose to bring it to…
By Ayomide Otitoju The Federal Government of Nigeria says it is closely monitoring escalating geopolitical tensions in the Middle East involving the United States, Israel and Iran, amid concerns about potential effects on Nigeria’s economic stability. The development followed a meeting of the Economic Management Team (EMT) chaired by Wale Edun, Minister of Finance and…
By Ayomide Otitoju Several Sub-Saharan African economies are emerging among the world’s fastest-improving in global connectedness, according to the latest DHL Global Connectedness Report 2026, which shows that globalization remains resilient despite rising geopolitical tensions and uncertainty in global trade policies. The report, released by DHL in partnership with New York University Stern School of…
Japan will release strategic oil reserves as early as Monday to relieve pressure on gasoline and energy prices, Prime Minister Sanae Takaichi announced Wednesday, citing supply concerns from the ongoing Middle East conflict. “Without waiting for a formal decision on coordinated international stock releases with the IEA, Japan has decided to take the lead in…
By Ayomide Otitoju Member states of the International Energy Agency (IEA) convened emergency talks on Tuesday to assess global oil supply security and consider a potential release of strategic reserves as the Middle East conflict continues to disrupt energy markets. IEA Executive Director Fatih Birol said he had called an extraordinary meeting of member governments…
