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Lagos, March 12, 2026 – Union Bank of Nigeria says it has reaffirmed its commitment to gender equity through a focused initiative centred on women living with disabilities and women raising children with disabilities in observance of International Women’s Month 2026. Aligned with the global theme “Give to Gain,” the Bank’s campaign “Give to Gain: Creating Pathways for Inclusion and Endless Opportunities” centres the lived experiences of women living with disabilities and underscores the need for intentional systems of support for social and economic advancement. Throughout March, Union Bank will …

Abuja, March 12, 2026 – Wale Edun, the Minister of Finance says the federal government will not regulate current high petrol prices caused by the Middle East crisis. He said rather the federal government is introducing some palliatives to cushion the effects of the higher petrol prices on Nigerians. The minister said this on Wednesday while speaking on “Politics Today”, a programme of Channels Television. He said the president had ordered the provision of 100,000 additional compressed natural gas (CNG) conversion kits to enable vehicles switch to CNG fuel which …

Beijing/Singapore, March 12, 2026 – Oil prices rose on Thursday as Iran stepped up attacks on oil and transport facilities across ‌the Middle East, raising fears of a prolonged conflict and oil-flow disruptions through the Strait of Hormuz. Brent futures were up $4.47, or 4.86%, to $96.45 a barrel at 0733 GMT, having hit $100 per barrel in earlier trading, while U.S. West Texas Intermediate crude climbed $4.05, or ​4.64%, to $91.30. Brent hit $119.50 a barrel on Monday, its highest since mid-2022, then dropped after U.S. President Donald Trump …

Lagos, March 11, 2026 – Dangote Refinery has reduced its ex-gantry price of petrol to ₦1,075 per litre ₦1,175 per litre. Anthony Chiejina, its Chief Spokesman, said on Tuesday that the company would now sell petrol at ₦1,050 per litre across its coastal distribution channels. He said the company had also reduced the price of diesel to ₦1,430 per litre from ₦1,620 per litre to reflect the global trend. “Under the revised pricing structure, the gantry price of PMS has been reduced from ₦1,175 to ₦1,075 (₦100) per litre, while …

Abuja, March 11, 2026 – Nigeria’s government is monitoring escalating ​tensions in the Middle East as ‌it assesses potential risks to the country’s economic stability, the finance ministry said on ​Wednesday. Finance Minister Wale Edun convened the ​Economic Management Team to review how ⁠the U.S.-Israeli conflict with Iran could ​affect oil prices, capital flows and logistics ​costs. The ministry said volatility in global energy markets, including possible disruptions around the Strait of Hormuz, ​is already pushing up crude prices ​and could raise domestic costs for fuel, diesel, ‌cooking ⁠gas and …

Beijing, March 11, 2026 – As the war in Iran sent oil prices soaring, one market holding up unexpectedly well is that of the world’s largest crude importer: China. Chinese stocks have fallen less than global peers since the conflict began, the yuan has held steady against the dollar and government bond yields have barely moved. Together, this amounts to surprising resilience in a crisis that, at first glance, appeared likely to leave the country vulnerable. For decades Beijing has sought to insulate its economy from precisely this kind of shock. …

Abuja, March 11, 2026 – Justice Kudirat Kekere-Ekun, the Chief Justice of Nigeria (CJN), has described the Federal Competition and Consumer Protection Commission (FCCPC) as a critical institution for safeguarding Nigeria’s business environment and protecting the integrity of the marketplace. Kekere-Ekun made the observation in Abuja on Tuesday while delivering a keynote address at the opening of a three-day Competition and Consumer Protection Law Conference.  “As the statutory authority responsible for enforcing competition and consumer protection laws, the Commission plays a vital role in safeguarding the integrity of the marketplace,” …

Lagos, March 11, 2026 – Dr Dayo Mobereola, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has called for digital transformation to encourage more women participation in the maritime industry. Dr Mobereola made the call in Lagos at a regional symposium organized by NIMASA in collaboration with the Kofi Annan International Peacekeeping Training Centre (KAIPTC), Ghana. The theme of the symposium was “Digitalization and the Empowerment of Women in the Maritime Sector of West Africa: Opportunities, Challenges and Pathways.” Mobereola, who was represented by Chudi Offodile, …

Singapore, March 11, 2026 – Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency’s reported plan for a ​record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. Brent futures traded up 59 cents, or 0.7%, at $88.39 a barrel ‌by 0727 GMT. U.S. West Texas Intermediate (WTI) traded 98 cents higher, or 1.2%, at $84.43 a barrel. Both contracts extended losses in early Asian trade, after plunging more than 11% on Tuesday, despite U.S. crude prices leaping 5% at …