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Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Oil Slides as Iran Reopens Hormuz Under Restrictions, U.S. Maintains Blockade

April 17, 2026

Global oil prices dropped sharply on Friday after Iran announced a limited reopening of the Strait of Hormuz, even as the United States confirmed that its naval blockade would remain in force amid ongoing negotiations. Benchmark crude prices fell by about 10

News·Opinion

Nigeria’s Social Media 42-state Plan Goes Viral, But Exposes Deeper Crisis In Federal Structure

April 17, 2026

A proposal circulating on social media under the title “Nigeria Geo-Political Zone Bill 2026” has again reignited conversations on restructuring, state creation, and fiscal federalism in Nigeria. The document, widely shared on X (formerly Twitter), is attributed to individuals like columnist Ayo Akinfe.

Guinness Nigeria Appoints New Board Members As Tolaram Completes Acquisition

Business News·FEATURES·Top Stories

Guinness Nigeria Survives Profit Decline After Reducing Debt, Remeasuring foreign currency balance

April 17, 2026

Guinness Nigeria survived a decline in its bottom line thanks to a surge in other income, reduction in debt and remeasurement of foreign currency (FC) balances between January and March 2026. According to the company’s unaudited financial statements for the period ended

News·Top Stories·Transport

Third Bird Strike in 48 Hours Grounds United Nigeria Airlines Aircraft, Raises Safety Concerns

April 17, 2026

United Nigeria Airlines has reported a third bird strike incident within 48 hours, grounding another aircraft and intensifying concerns over aviation safety and wildlife hazard management at Nigerian Airports, Prime Business Africa reports. In a statement issued on Friday, April 17, 2026,

Africa·Business News·Finance & Economy·News·Top Stories

Weak Regional Integration, Capital Flight Slowing Africa’s Growth – Dangote

April 17, 2026

Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that persistent weaknesses in regional trade systems, alongside global investment pressures, continue to constrain Africa’s economic growth, calling for stronger intra-African investment and improved regional cooperation. Dangote made the

Africa·Business News·Finance & Economy·News·Top Stories

Dollar Snapshot Across Africa Reveals Stark Currency Gaps Amid Uneven Economic Pressures

April 17, 2026

A comparison of exchange rates across several African economies shows how the value of the US dollar continues to reflect differing levels of inflationary pressure, monetary stability, and foreign exchange liquidity across the continent, Prime Business Africa reports. Based on indicative market

News·Top Stories·Transport

Aviation Ministry Appeals for Restraint Over Jet A1 Price Surge, Seeks Emergency Talks with Airlines

April 17, 2026

The Federal Ministry of Aviation and Aerospace Development has appealed to airline operators in Nigeria to exercise restraint over potential fare increases and suspend any plans that could lead to flight disruptions, following a sharp rise in Jet A1 aviation fuel prices

News·Top Stories·World News

Archbishop Mullally Backs Pope Leo XIV’s Call for Global Peace

April 17, 2026

The Archbishop Sarah Mullally has publicly aligned with Pope Leo XIV in urging world leaders and people of faith to prioritise peace amid ongoing global conflicts. In a statement released from Lambeth Palace, Mullally emphasised the devastating human toll of war, noting

Eid-el-Fitr: Obi, Atiku Preach Peace, Help For The Less Privileged In Nigeria

Opinion·Politics

Burden of Restraint

April 17, 2026

By Caleb Johnson In politics, as in nation-building, there comes a moment when ambition must yield to wisdom, and aspiration must bow to history. That moment, for HE Atiku Abubakar, is now. No serious observer of Nigeria’s democratic journey can deny Atiku’s

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Latest

Oil Slides as Iran Reopens Hormuz Under Restrictions, U.S. Maintains Blockade

Nigeria’s Social Media 42-state Plan Goes Viral, But Exposes Deeper Crisis In Federal Structure

Guinness Nigeria Survives Profit Decline After Reducing Debt, Remeasuring foreign currency balance

Third Bird Strike in 48 Hours Grounds United Nigeria Airlines Aircraft, Raises Safety Concerns

Weak Regional Integration, Capital Flight Slowing Africa’s Growth – Dangote

Dollar Snapshot Across Africa Reveals Stark Currency Gaps Amid Uneven Economic Pressures

Aviation Ministry Appeals for Restraint Over Jet A1 Price Surge, Seeks Emergency Talks with Airlines

Archbishop Mullally Backs Pope Leo XIV’s Call for Global Peace

Burden of Restraint

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Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

President Tinubu and the Low Transport Fares Fiasco

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Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

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