About The Author

gbn_editor

Showing: 91 - 100 of 206 Articles

Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill

Beijing/Singapore, April 10, 2026 – Oil prices climbed on Friday, driven by fresh anxiety over supplies from Saudi ‌Arabia and as tanker traffic through the critical Strait of Hormuz remained largely frozen. Prices were still headed for a loss as nerves eased over a fragile two-week ceasefire between the U.S. and Iran, while Israel signalled a potential diplomatic opening, saying it was ready to begin direct talks with Lebanon as soon as possible. Brent crude futures added 96 cents, or 1%, to $96.88 a barrel as ​of 0604 GMT. West …

Benin Presidential Election 2026: Agency counts on integrity of voters’ roll

Cotonou (Benin Republic), April 9, 2026 -The Benin National Agency for the Identification of Persons or l’Agence Nationale d’Identification des Personnes (ANIP), which is in charge of voter registration in the country, has assured ECOWAS Election Observers on the integrity and reliability of the voters’ list for the April 12,2026 presidential election. A serious crisis arose during the country’s 2016 elections, and it was resolved through the intervention of the ECOWAS Observation Mission, which advised the authorities then to allow any registered voter on the queue with a verifiable ID to …

US fourth-quarter GDP growth revised lower to a 0.5% rate

Washington, April 9, 2026 – U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate profits increased ​sharply, government data showed on Thursday. Gross domestic product increased at a downwardly ‌revised 0.5% annualized rate, the Commerce Department’s Bureau of Economic Analysis said in its third GDP estimate. The economy was previously reported to have grown at a 0.7% pace in the fourth ​quarter. The advance estimate had put GDP growth at 1.4%. Economists polled by ​Reuters had forecast …

Department of State issues travel advisory to U.S. citizens in Nigeria

Lagos, April 9, 2026 – The US Department of State has advised non-emergency U.S. government employees and their family members to leave the US Embassy in Abuja because of the growing insecurity across Nigeria. The department gave the travel advisory on Wednesday, also advising US citizens to reconsider travelling to the country due to crime, terrorism, kidnapping, and civil unrest. The advisory was classified as Level 3 and Level 4. The U.S government advised its citizens to reconsider travelling to Nigeria due to crime, terrorism, unrest, kidnapping, and inconsistent availability of health care services.   The …

Akufo-Addo urges peaceful, transparent presidential vote in Benin

Cotonou (Benin Republic), April 9, 2026 – Ghana’s immediate former President, Nana Akufo-Addo, Head of the ECOWAS Election Observation Mission (EOM) for Benin’s April 12, 2026 presidential election, has called on political actors and the citizens to ensure a peaceful and transparent electoral process consistent with the country’s record on multi-party democracy. Speaking on arrival in Cotonou on Wednesday, 8th April, the former president, who is fluent in English and French, told the media that ECOWAS observers were in Benin as part of efforts for the consolidation of democracy under …

Polaris Bank drives youth financial literacy through Global Money Week 2026

Lagos, April 9, 2026 – As conversations around money become more complex in a fast-evolving digital world, the need to Building Financially Smart Future and equip young people with the right financial knowledge, has never been more urgent. From spending habits to saving culture, digital transactions, and entrepreneurial thinking, financial literacy is increasingly becoming a life skill, not just a nice-to-have. It is against this backdrop that Polaris Bank is participating in this year’s Global Money Week (GMW), a global financial awareness campaign which kicked off from Tuesday, April 7 through …

Dangote Refinery reduces petrol price to N1, 200 per litre

Lagos, April 9, 2026 – Dangote Petroleum Refinery has reduced its ex-gantry price of petrol to N1,200 per litre from N1,275 per littre. The price reduction followed the two-week ceasefire in the Iran war which has led to drop in global prices of crude. An official source in the company said the refinery had reduced its prices following new developments in the international oil industry. He said the new development was in line with the global market trends following the ceasefire in the Middle East crisis which led to the …

Goldman Sachs lowers second-quarter 2026 oil price forecasts

Washington, April 9, 2026 — Goldman Sachs trimmed its second‑quarter 2026 forecasts for Brent and U.S. crude to $90 and $87 a barrel, respectively, ​late on Wednesday, after the U.S. and Iran agreed on ‌a two-week ceasefire. Previously, the bank forecast Brent and West Texas Intermediate (WTI) oil prices to average $99 and $91 a barrel, respectively. “Given the reduction in the risk premium at the ​front of the curve and already edging up oil flows through ​the SoH (Strait of Hormuz), we nudge down our Q2 forecast ⁠for Brent/WTI,” …

Oil gains 3% as fragile ceasefire, Hormuz restrictions keep supply risks elevated

London, April 9, 2026 – Oil prices rose 3% on Thursday as doubts over a ​fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will ‌remain restricted. Brent crude futures were up $2.69, or 3.1%, at $97.71 a barrel at 1055 GMT, while U.S. West Texas Intermediate (WTI) crude rose $2.99, or 3.2%, to $97.40 a barrel. Both benchmarks fell below $100 per barrel in the previous trading session, with WTI recording its biggest decline since April ​2020, on optimism the ceasefire would result in …

Shell, NNPC donate equipment to LUTH to boost respiratory care

Lagos, April 8, 2026 – Shell Nigeria Exploration and Production Company Limited (SNEPCo) and the NNPC have donated an Endobronchial Ultrasound (EBUS) system and a Body Plethysmograph to the University of Lagos Teaching Hospital (LUTH). According to a statement issued by Shell on Wednesday, the facilities are to enable one of Nigeria’s foremost health institutions to provide advanced diagnostics in pulmonary or respiratory care. The EBUS system will enable doctors to perform real-time guided biopsies and accurately stage lung cancer—an essential step in determining treatment options and timelines. The Body …