Middle East oil output dips by 2 billion barrels due to war – Report
Photo caption: Oil The ongoing war in the Middle East has caused cumulative crude oil and condensate production outages exceeding 2 billion barrels, with
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Electricity tariffs reflect 40% losses, inefficiencies — Presidential aide
Photo caption: Former Minister of Power and Special Adviser to the President on Power, Lanre Babalola The former Minister of Power and Special Adviser
EU backs Nigeria’s broadband expansion with €14m grant
Photo caption: European Union logo The European Union has committed up to €14m in grant funding to support Nigeria’s planned deployment of 90,000 kilometres
Algorithms won’t decide 2027 elections, says INEC chair
Photo caption: Chairman of the Independent National Electoral Commission, Prof. Joash Amupitan. Photo: INEC The Chairman of the Independent National Electoral Commission, Prof Joash
IMF warns Nigeria against subsidy return
Photo caption: IMF logo The International Monetary Fund has warned Nigeria against reinstating blanket petrol subsidies amid mounting political pressure ahead of the elections,
Terrorists attack Borno military post, soldiers feared killed
Photo caption: The terrorists as culled from the video | Credit: Isah Ojo Suspected Boko Haram terrorists have attacked a military formation in Mairari
US crude oil inventories see massive drop off
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by a massive 11.12 million barrels in the week ending
US considers easing sanctions on shadow fleet vessels to cut freight rates, official says
Photo caption: A shadow fleet vessel *Companies would have to apply to Treasury to use sanctioned vessels, US official says *Talks focus on allowing
Yemen’s Houthis vow more attacks on Saudi airports, oil facilities after Aramco HQ hit
Photo caption: A satellite image taken on July 2, 2026, shows the headquarters of Saudi Arabia’s state-owned oil company Saudi Aramco in Dhahran before it
Oil prices retreat as investors weigh supply outlook, Middle East tensions
Photo caption: An oil pumpjack in front of a house in Ganado, Texas, U.S., January 8, 2026. REUTERS/Antranik Tavitian *US considers easing sanctions on
