Naira Weakens to N1,389/$ as External Reserves Drop by $850m
Nigeria’s currency came under renewed pressure as the naira weakened to N1,389 per dollar, following a sharp decline in the ...
Tag: Iran
Dangote Refinery Expands Fuel, Fertiliser Supply Across Africa
The Dangote Refinery has increased the supply of petrol to African countries, with fertiliser also supplied, as global energy markets ...
OPEC+ Raises Alarm Over War Disruptions
Eight major oil-producing nations within the OPEC+ alliance have expressed deep concern over the impact of Iran’s attacks on key ...
Iran’s Strait of Hormuz Conditions Pose Risks for Global Oil Shipping
Iran has declared that vessels belonging to non-hostile states may transit the Strait of Hormuz only under conditions determined by ...
Iran Warns Oil Could Hit $200 per Barrel
Iran has warned that it could block oil shipments through the Strait of Hormuz, raising fears that escalating tensions in ...
Nigeria Faces 40% Tariff Wall Under New Trump Policy
Nigeria’s fragile export market has been dealt a severe blow following President Donald Trump’s announcement of sweeping new financial penalties ...
Trump Imposes 25 % Tariff on Nations Trading with Iran, Citing Nigeria and Others
President Donald Trump has announced that any country doing business with the Islamic Republic of Iran will, with immediate effect, ...
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