Category: Business
Gov Eno Seeks Collective Support To Actualise Ibom Deep Seaport Project
He revealed that discussions held with potential investors in Paris have yielded positive results, expressing optimism that the long-awaited seaport project will soon gain renewed momentum. Governor of Akwa Ibom state, Pastor Umo Eno. Akwa Ibom State Governor, Pastor Umo Eno, has called for collective support towards the realization of the Ibom Deep Seaport project,…
Top Ukrainian Officials Return Polish Awards In WWII Row
Zelensky infuriated neighbouring Poland this month by naming a military unit after the nationalist Ukrainian Insurgent Army (UPA) that took part in massacres against Poles in WWII. This handout photograph taken and released by the Ukrainian Presidential Press Service on June 19, 2026, shows Ukraine’s President Volodymyr Zelensky (R) and Honduras’ President Nasry Asfura (L)…
Oil Production To Return To Pre-War Levels Within Two Months — Iran
The war and Iran’s ensuing blockade of the Strait of Hormuz choked off shipments and prompted production cuts in key oil-producing countries, including Iraq, shaking world energy markets. A graphic illustration of barrels of crude oil Iraqi authorities predict oil production will return to peacetime levels “within one to two months”, state media reported, after…
Investors record highest loss in Nigerian stock market
Investors on Thursday recorded N2.18 trillion in losses at the Nigerian stock market. DAILY POST reports that Thursday’s stock decline is the fourth time and highest so far this week. Nigerian Exchange Limited Thursday’s trading data showed that market capitalisation declined by 1.41 per cent, falling from N154.445 trillion to N152.266 trillion, reflecting a loss of N2.179…
Chinese envoy Yu Dunhai meets communication minister
The Chinese envoy who disclosed the development in a post on X, said collaboration in digital communications between China and Nigeria has delivered tangible benefits, strengthening Nigeria’s telecommunications infrastructure and empowering local communities and industries. Yu said: “Met with Dr. Bosun Tijani @bosuntijani, Nigeria’s Honourable Minister of Communications, Innovation and Digital Economy at @FMCIDENigeria.” He…
Nigeria’s Oil Sector Future Is In Human Capital Development — OGTAN
With the global energy terrain shifting fast, the Association noted that the need for professionals who can apply technology and deliver operational excellence has grown sharply. Oil Rigs/Platforms…PHOTO BY NUPRC The Oil and Gas Trainers Association of Nigeria (OGTAN) has said the long-term edge of Nigeria’s oil and gas industry will rest on workforce quality,…
Bank Of England Follows Fed In Holding Interest Rate
The widely expected BoE decision came after the Federal Reserve on Wednesday signalled a US rate increase this year even as it kept borrowing costs steady. By Aramide Folorunsho Updated June 18, 2026 A view of the Bank of England in London, United Kingdom. The Bank of England held its benchmark interest rate at 3.75 per…
Payaza Unveils Shopaza to Power Cross-Border Commerce Across Africa
Payaza says that the platform, which covers Nigeria, Ghana, Kenya, Tanzania, as well as North America and Europe, is poised to provide businesses with access to wider markets while simplifying online transactions and product delivery. Updated June 18, 2026 Payaza says Shopaza, a transformative digital ecosystem, is built to help merchants grow beyond geographical limitations.…
Critics Of Iran Deal Are ‘Fools’, Says Trump
The deal should bring an end to the current US-Israeli conflict with the Islamic republic, which led to shipping being greatly restricted in the Strait of Hormuz, causing a spike in energy prices. US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House…
TotalEnergies, NNPC Renew AUSEA Technology Cooperation On Methane Reduction
In 2025, more than 2,500 sensors were installed to enable real-time methane leak detection and quick actions. TotalEnergies, NNPC Renew AUSEA Technology Cooperation On Methane Reduction TotalEnergies EP Nigeria Limited and NNPC Limited have renewed their cooperation agreement for the deployment of AUSEA technology, extending for 24 months a partnership launched in December 2023 to…
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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