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Tokyo/Singapore, March 26, 2026 – Oil rose more than $1 per barrel on Thursday, ‌clawing back losses from the previous session, on concerns that protracted fighting in the Middle East will further disrupt energy flows. Brent futures rose $1.65, or 1.61%, to $103.87 a barrel by 0424 GMT, while U.S. West Texas Intermediate crude futures were ​up $1.49, or 1.65%, at $91.81 a barrel. Both benchmarks slumped more than 2% on Wednesday. Iran is still reviewing a U.S. proposal ​to end the war, but has no intention of holding talks to …

Washington, March 15, 2026 – The US has drafted a 15-point plan intended to help bring the war with Iran to a close, according to people familiar with the matter, highlighting the intensifying urgency within the Trump administration to resolve the conflict as the economic toll mounts. President Donald Trump has been pushing talks with Iran in a bid to halt the fighting. Yet those efforts have been clouded by uncertainty over the structure of negotiations, the Iranian participants and how any deal would be structured. The plan was delivered …

Bangkok, March 25, 2026 – A Thai oil tanker ​has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not ‌required to pay to escape the blockade, a Thai official and the oil major that owns the vessel said on Wednesday. The Bangchak Corporation owned tanker crossed the strategic waterway on Monday after successful talks between Thai foreign minister Sihasak Phuangketkeow and Iran’s ​ambassador to Thailand. “I requested that if Thai ships need to pass through the strait, could they ​assist in ensuring safe …

Lagos, March 25, 2026 – The Centre for the Promotion of Private Enterprise (CPPE) has urged the government to reject the call for additional taxation on sugar-sweetened beverages [SSB] as canvassed by the Corporate Accountability and Public Participation Africa (CAPPA). The CPPE said this in a statement signed by Dr. Muda Yusuf, its Chief Executive, in Lagos on Tuesday. It said the proposal was ill-conceived, poorly timed, and inconsistent with the current administration’s tax reform agenda, which is anchored on reducing the burden of taxation on businesses, improving tax efficiency, …

Tehran, March 25, 2026 – Iran’s new Supreme Leader Mojtaba Khamenei has agreed to enter negotiations with the United States and pursue a potential deal, signalling a possible diplomatic opening amid the ongoing conflict, according to an Al Arabiya report citing Israeli media. The development comes as US President Donald Trump said Washington and Tehran held talks over the past day that resulted in what he described as “major points of agreement”. Speaking to reporters on Monday, Trump said discussions began on Sunday and were expected to continue, raising the …

March 25 (Reuters) – Oil prices fell ​around 4% on Wednesday on the prospect of a possible ceasefire easing supply disruptions from the key Middle East ‌producing region after reports the U.S. sent Iran a 15-point plan to end the war between them. Brent crude futures fell $4.89, or 4.7%, to $99.60 a barrel by 0335 GMT, after declining to as low as $97.57. U.S. West Texas Intermediate (WTI) crude futures were down $3.54, or 3.8%, at $88.81 a barrel, after falling to as low as $86.72. Both ​benchmarks rose …

Abuja, March 24, 2026 – The Bank of Industry (BOI) has signed a €50 million agreement with EIB Global, an arm of the European Investment Bank, to boost healthcare delivery in Nigeria. The deal is to support Nigeria’s efforts in  the manufacture of vaccines and pharmaceuticals products as well as reduce the country’s reliance on imported medical products.   Olasupo Olusi, the Managing Director of the Bank of Industry, announced the deal in Abuja on Monday during the Nigeria-EU Ministerial Summit. He described the partnership as a significant step toward …

Akure, March 24, 2026 – The outdoor advertising sector in Ondo State has taken a decisive turn from disorder to structure, and from analog practices to a more digital, accountable system. Under the leadership of Lucky Orimisan Aiyedatiwa, the Ondo State Signage and Advertisement Agency (OSSAA) has introduced reforms that are not only modernizing operations but restoring sanity across public spaces. At the forefront of this shift is Yòmí Oyékàn, whose proactive enforcement and stakeholder engagement have brought discipline to a sector once plagued by indiscriminate billboard placements and visual …

By – Gavin Magure Littleton, Colorado, March 24, 2026 – At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz. But beneath that surface symmetry lies a critical imbalance. The global gas supply chain has fewer rerouting options and less storage capacity than the ​oil market – making the fallout for gas consumers considerably more acute. Key gas infrastructure – liquefaction plants in particular – is more complex and expensive to …

Abuja, March 23, 2026 – Chukwunyere Anamekwe Nwabuoku, a former acting Accountant-General of the Federation, has been sentenced to 72 years imprisonment by a Federal High Court in Abuja over N868.46 million fraud. He was convicted and sentenced for money laundering, after the court found him guilty of all charges levelled against him. The Economic and Financial Crimes Commission (EFCC) disclosed this in a post on its X handle on Monday. The statement reads: “The former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, who was prosecuted by the EFCC …