Category: Business
Eno Receives New Ibom Air Aircraft, Highlights Job Creation in Aviation
Akwa Ibom Governor Umo Eno has received a new Airbus A220-300 for Ibom Air, saying the state’s continued investment in aviation is creating jobs and developing local talent, with 10 indigenes currently undergoing cadet pilot training in Addis Ababa, Ethiopia. Governor Eno spoke at the official reception and water-cannon ceremony for the new Airbus A220-300…
China Deepens Egypt Investments as Xi Returns to Cairo After a Decade
China is stepping up its economic footprint in Egypt as President Xi Jinping begins his first visit to the country in 10 years, with growing investments in infrastructure, manufacturing and strategic projects reinforcing ties between the two nations. Egypt’s President Abdel Fattah al-Sisi (R) and his wife Entissar Amer (C) walk next to China’s President…
United Nigeria Grounds Aircraft After Bird Strike at Lagos Airport
United Nigeria Airlines has withdrawn one of its aircraft from service after a bird strike at Murtala Muhammed Airport, Lagos, with the airline beginning further inspection and maintenance while warning that some scheduled flights may be disrupted. A United Nigeria Airlines aircraft United Nigeria Airlines has announced the withdrawal of one of its aircraft from…
Oil Prices Surge as Iran Retaliates Against Fresh US Strikes
Oil prices climbed sharply as renewed US-Iran hostilities intensified fears of further disruption to shipping through the Strait of Hormuz, a crucial route for global energy supplies. Brent crude rose above $95 a barrel as Iran launched retaliatory strikes following fresh US attacks. A graphic illustration of barrels of crude oil Crude jumped more than…
Oil Prices Rise As Trump Issues Fresh Iran Warning, Stocks Mixed
Oil prices extended their gains while global stocks traded unevenly as tensions over Iran intensified, with the Strait of Hormuz remaining closed and Washington maintaining its counter-blockade of Iranian ports. A graphic illustration of barrels of crude oil Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United…
Oil Prices Surge Above $90 As US-Iran Strikes Escalate
Brent crude has climbed above $90 per barrel after renewed US-Iran military strikes intensified fears of supply disruptions through the strategic Strait of Hormuz, while hopes for a diplomatic breakthrough appear to be fading. A graphic illustration of barrels of crude oil Oil prices jumped more than two per cent Monday, with the Brent international…
Dangote May Restrict Petrol Sales To Importers Over Quality Concerns
Dangote Petroleum Refinery is considering limiting petrol sales to major marketers that continue importing fuel, citing concerns over product quality, market transparency and the integrity of products sold under its brand. Dangote-Refinery • CPPE seeks tighter import controls as petrol inflows jump 234% in 60 days• Reps c’ttee told to allow NNPCL fix state-owned refineries…
Oil Prices Surge, Stocks Slide As US-Iran Strikes Renew Tensions
Oil prices climbed above $90 a barrel while stock markets weakened after the United States and Iran resumed military strikes, reigniting fears of a wider conflict and further disruption to shipments through the Strait of Hormuz. A graphic illustration of barrels of crude oil Oil prices spiked, and Asian stocks fell Monday as hawkish comments…
Nigeria Pushes to Turn Wasted Gas Into Economic Opportunity
Nigeria is intensifying efforts to capture and commercialise gas that would otherwise be flared, with the shift offering the potential to cut emissions while creating new revenue, jobs and broader economic opportunities for Nigerians. Nigeria maintained that its commitment to ending routine gas flaring by 2030. Nigeria’s climate challenge is increasingly being reframed for optimum…
Iran Struggles to Import Petrol as US Blockade Tightens
Iran is facing growing petrol shortages as a US naval blockade restricts access to fuel imports, with Tehran’s control of the strategic Strait of Hormuz further escalating tensions amid the ongoing conflict. A graphic illustration of barrels of crude oil Iran has been unable to import enough petrol to make up for insufficient domestic production…
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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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