GBN

Singapore, June 9, 2026 – Oil ​prices fell on Tuesday, erasing most of the previous session’s gains, after Iran ‌and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down $1.14, or 1.2%, at $93.11 a barrel at ​0630 GMT, while U.S. West Texas Intermediate declined $1.3, or 1.4%, at $90.00 a barrel. Prices climbed as ​much as 5% in the previous session after renewed Israeli strikes on ⁠Iran and …

Lagos, June 8, 2026 – Union Bank of Nigeria has reaffirmed its commitment to Nigerian teachers and the wider education sector at the flag off of the 12th edition of the Maltina Teacher of the Year Competition (MTOTY), held today in Lagos. Now in its third consecutive year as a partner, the Bank joined organisers Nigerian Breweries Plc and the Felix Ohiwerei Education Trust Fund, alongside educators and sector stakeholders, for a panel session on how educational support can enhance learning outcomes for teachers and students. Speaking on behalf of …

Washington, June 8, 2026 – SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut. Banks leading the offering by Elon Musk’s rocket, satellite and artificial intelligence company are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 p.m., some of the people said, asking not to be identified as the information isn’t public. Closing the order books gives banks time to gauge demand ahead and advise the …

Washington, June 8, 2026 – The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud, expanding its unprecedented denaturalization campaign. CBS News exclusively reported about the plans before they were unveiled by the Justice Department. Officials said the move represents the largest-ever effort by the U.S. government to use its denaturalization powers, which were rarely invoked before President Trump returned to the White House last year with promises to launch a historic deportation blitz. Between 1990 and 2017, the Justice …

Washington, June 8, 2026 – President Donald Trump said the Federal Reserve would be wrong to raise interest rates as his nominee Kevin Warsh prepares to chair his first Fed policy meeting. Trump, in an interview with NBC’s Meet the Press, sought to push back against market sentiment after a blowout US jobs report for May spurred bets that the Fed’s next move will be a rate hike to keep inflation in check. “Nowadays when you have good reports, the market goes down because they think they’re going to raise …

Lagos, June 8, 2026 – The Centre for the Promotion of Private Enterprise [CPPE] has appealed to the House of Representatives to reject the sugar beverage bill currently before it. The private think tank made the appeal in a statement signed by its Chie Executive, Muda Yusuf on Sunday. The CPPE said it was shocked and deeply concerned that the Senate had proceeded with the passage of the bill  in spite of overwhelming objections from private sector stakeholders, led by the Manufacturers Association of Nigeria. The CPPE said the consideration …

Perth/Beijing, June 8, 2026 – Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day ‌earlier. Brent crude futures rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while U.S. crude futures were ‌up $4.07 or 4.50% at $94.61 per barrel. Israel said on Monday it hit a petrochemical plant in Iran’s southwest, along with strikes elsewhere on military targets. That’s despite ​U.S. President Donald Trump reportedly telling Israeli Prime Minister …

Abuja, June 8, 2026 – NNPC Foundation, the Corporate Social Responsibility (CSR) arm of NNPC Ltd., has inaugurated and handed over a fully installed a state-of-the-art, 1.5 Tesla Magnetic Resonance Imaging (MRI) System to the National Orthopaedic Hospital (NOH), Dala, Kano State.  The NNPC said in a statement that the intervention, is in furtherance of NNPC Ltd’s commitment to improving healthcare access and strengthening medical infrastructure across Nigeria. It is also expected to enhance the diagnosis and treatment of orthopaedic, neurological, trauma and musculoskeletal and gynaecological conditions.  Before the intervention, …

Lagos, June 8, 2026 -The Nigerian Exchange Group (NGX Group) says the anticipated Initial Public Offering (IPO) of Dangote Refinery and Petrochemicals is being positioned as an African investment opportunity. Umaru Kwairanga, its disclosed this at the London Africa Summit on Friday, which focused on strengthening business and investment ties. Kwairanga, in a statement on Saturday, said NGX had engaged stock exchanges across Africa to broaden participation in the planned offer and deepen regional capital market integration. “We want to consider the Dangote Refinery offer as an African offer and …

Washington, June 8, 2026 – Goldman Sachs expects the U.S. Federal Reserve to keep rates unchanged through 2026 and delay rate cuts until 2027, it ​said on Friday, citing stronger economic activity and job growth ‌after a robust payrolls report. The brokerage now expects rate cuts in June and December 2027, instead of the 25-basis-point reductions it had forecast for December ​2026 and March 2027. The change followed a stronger-than-expected U.S. job report,  ​which pointed to renewed labor market strength and gave ⁠the Federal Reserve more room to keep rates …