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Washington, April 8, 2026 – President Trump on Wednesday said he is considering the formation of a “joint venture” with Iran to set up tolls in the Strait of Hormuz after the Trump administration and Tehran agreed to a two-week ceasefire deal ABC News’s Jonathan Karl asked Trump if he approved of Iran’s plan to charge vessels a fee for passing through the strait — a key channel through which roughly 20 percent of the world’s oil is transported. “We’re thinking of doing it as a joint venture,” the president told …

Lagos, April 8, 2026 – Sterling Bank, through its women focused initiative, OneWoman, convened a powerful gathering of women entrepreneurs, development finance institutions, ecosystem leaders, and business stakeholders at the Funding Her Future Breakfast Dialogue in Lagos. The session brought together voices from across sectors for a focused and necessary conversation on how to unlock more inclusive and effective financing pathways for women led businesses in Nigeria. At its core, the dialogue was not just about access to capital. It was about building the right systems around women entrepreneurs. Conversations …

Washington, April 8, 2026 – General Motors is recalling 271,770 ​cars in the ‌U.S. over an issue with the ​rearview camera, ​the U.S. National Highway ⁠Traffic Safety ​Administration (NHTSA) said on Wednesday. Here ​are some details: Recall includes Chevrolet Malibu sedans, NHTSA ​said. The rearview ​camera screen may display a ‌distorted ⁠or blank image, reducing the driver’s view behind ​the ​vehicle, ⁠according to the NHTSA. The agency ​said that ​dealers ⁠will inspect and replace the ⁠rearview ​camera.      (Reuters)

Lagos, April 8, 2026 – Fidelity Bank Plc, a leading financial institution, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation sector in Nigeria and across Africa. The agreement was formally executed by Christian Hatje, the Managing Director of Business Aviation and SVP Commercial, representing AFG, while  Stanley Amuchie, Executive Director and Chief Operations and Information Officer of Fidelity Bank Plc,  signed at a ceremony in Germany recently. Speaking at the signing ceremony, Mr. Christian Hatje said: “This partnership marks a …

Abuja, April 8, 2026 – The Debt Management Office (DMO) has opened public subscription for the Federal Government of Nigeria (FGN) savings bonds for April 2026. The DMO announced the offer in a circular on Tuesday, April 7, 2026. The offer is in two tenors of two years and three years and will open on Wednesday to close on Friday, April 10, 2026. The 2-year FGN savings bond due April 15, 2028, has a coupon rate of 13.082 per cent per annum, while the 3-year FGN savings bond due April …

…Exports first cargo to Netherlands, reinforcing production growth, export diversification strategy Abuja, April 8, 2026 – The Nigerian National Petroleum Company (NNPC) Limited, has commenced export of its new crude grade – Cawthorne, marking a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams. Cawthorne blend crude, the latest addition to Nigeria’s basket of crude grades, has an API gravity of 36.4, placing it firmly within the light, sweet category – comparable to Bonny Light, and highly valued …

Singapore, April 8, 2026 – Oil fell below $100 per barrel ‌on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz. Brent futures fell $14.51, or 13.3%, to $94.76 a barrel at 0330 GMT, ​while WTI slid $17.16, or 15.2%, to $95.79 a barrel. Trump’s turnaround came shortly before his deadline for Iran to ​open the Strait of Hormuz, where 20% of the world’s oil transits, or ⁠face widespread attacks on …

By – Anthony Zurcher Washington, April 8, 2026 – At 18:32 Washington time, President Donald Trump posted on his social media website that the US and Iran were “very far along” with a “definitive” peace agreement and that he had agreed to a two-week ceasefire to allow negotiations to proceed. It wasn’t exactly the last minute, but with Trump’s looming 20:00 EDT (00:00 GMT on Wednesday) deadline to reach a deal or the US would launch massive strikes against Iranian energy and transportation infrastructure, it came pretty close. All of …

Tehran, April 8, 2026 – Iran says it has accepted a two-week ceasefire, with negotiations to begin on Friday in Pakistan’s Islamabad, after US President Donald Trump said he would suspend attacks subject to Tehran agreeing to fully reopen the Strait of Hormuz. Iran’s foreign minister says safe passage through the key waterway will be possible for a period of two weeks via coordination with Iran’s armed forces. Trump’s statement came after Pakistan’s Prime Minister Shehbaz Sharif asked the US president to extend his deadline for a deal, and Iran to fully …

Abuja, April 2, 2026 – Nigeria has recorded a 0.74% drop in its oil reserves as of Jan. 1, 2026, while its gas resources has expanded. Mrs. Oritsemeyiwa Eyesan, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), disclosed this in a media statement released by the commission, dated April 1, 2026. She said the country’s oil and condensate reserves stood at 37.01 billion barrels, while total gas reserves stood at 215.19 trillion cubic feet as of Jan. 1,, 2026. The NUPRC boss attributed the drop in oil and condensate …