Obafemi Fawibe

Cooking Gas Prices Could Drop Before Next Year - NALPGAM

Cooking Gas Prices Hit N1,500 Per Kilogramme

The Nigerian Association of Liquefied Petroleum Gas Marketers raised the alarm on Monday over a severe supply squeeze that pushed retail cooking gas prices above N1,500 per kilogramme. The commodity recently traded under N1,000 before worsening depot bottlenecks disrupted the domestic supply chain. Depot operators have hiked bulk pricing to between N25.2 million and N26.2…

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Beijing, Abuja Brew Closer Ties via Tea

Beijing, Abuja Brew Closer Ties via Tea

China and Nigeria have expanded their bilateral relations through a cultural exchange programme centred on traditional tea heritage. The initiative gathered diplomats, artists, and government officials at the China Cultural Centre in Abuja on Wednesday. Dubbed the 2026 Maritime Silk Road Impressions salon, the gathering used the ancient beverage to anchor talks on people-to-people diplomacy….

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Iran Closes Strait of Hormuz Over Israel Attacks

Iran Imposes Toll Regime on Strait of Hormuz

Iran has formalised its grip on the world’s most critical energy chokepoint by launching a new maritime regulatory agency to police the Strait of Hormuz. The Supreme National Security Council announced the creation of the Persian Gulf Strait Authority to manage the waterway. The Islamic Revolutionary Guard Corps Navy backed the announcement, confirming its direct…

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