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President Donald Trump has threatened to “massively blow up” the South Pars gas field, the world’s largest natural gas reservoir, unless Tehran ceases its strikes on Qatari energy infrastructure. The ultimatum follows extensive damage to Qatar’s Ras Laffan LNG facility on Thursday, which sent global crude oil prices surging by 5%. While Mr Trump claimed…
President Donald Trump has declared he is not ready to negotiate a ceasefire with Tehran, asserting that the current terms for ending the two-week-old conflict are “not good enough.” In an interview with NBC News on Sunday, Mr. Trump claimed that while Iran appears keen to reach an agreement, Washington will continue its military campaign…
Hamas issued a rare plea to Tehran on Saturday, calling on its primary benefactor to avoid targeting neighbouring Arab countries while maintaining Iran’s right to defend itself against the United States and Israel. The statement arrives as the Middle East conflict enters a more volatile phase, marked by Iranian missile barrages on Israel and retaliatory…
The second Niger Delta Games have yielded a bumper crop of talent for Nigeria’s track and field future. An interim technical report submitted to World Athletics confirms that 17 athletes met the qualifying standards for the upcoming World Under-20 Championships in the United States. The group comprises four boys and 13 girls, marking a significant…
Nigeria spent N51 billion ($34.4 million) on foreign rice in 2024, signaling a sharp reversal of the self-sufficiency gains claimed by the previous administration. Data from UN Comtrade confirms that local rice has become uncompetitive against cheaper imports. High production costs and expensive energy are pricing Nigerian farmers out of their own market. President Bola…
High Chief Adegboye Onigbinde, the first indigenous coach to lead Nigeria to a FIFA World Cup, has died. His family confirmed his passing on Monday at the age of 88. A towering figure in African football, Onigbinde’s career spanned decades of tactical evolution and administrative service. He famously steered the Super Eagles during the 2002…
A desperate exodus is underway across the Middle East as the United States-Israeli conflict with Iran grounded commercial aviation. Tens of thousands of travellers are stranded following the cancellation of over 23,000 flights since Saturday. Airspace closures have funneled the remaining traffic through a few strained hubs in Dubai, Riyadh, and Muscat. Panic is rising…
The Dangote Petroleum Refinery has pledged to prioritise the Nigerian market as a surge in Middle Eastern hostilities sends global energy prices into a tailspin. In a statement released this week, the firm confirmed it is absorbing a portion of rising costs to shield domestic consumers from the full impact of the crisis. While benchmark…
The assassination of Iran’s Supreme Leader has plunged global markets into a “prolonged period of flux,” the head of the IMF warned on Thursday. Kristalina Georgieva told the “Asia in 2050” conference in Bangkok that the escalating conflict between Iran, Israel, and the United States is a severe test of global economic resilience. Brent crude…
Nigerian households are facing a sharp increase in energy costs as the escalating US-Israel-Iran war disrupts global natural gas production and shipping. Local depot owners raised the price of Liquefied Petroleum Gas (LPG) by an average of ₦100 per kilogram on Tuesday. Major distributors, including Nipco Plc and Navgas Limited, have adjusted their rates to…
