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Xenophobic Attacks: 270 Nigerian evacuees from South Africa to arrive on Thursday

Abuja, June 10, 2026 – Not less than 270 Nigerian evacuees from South Africa due to xenophobic attacks are expected to arrive at the Murtala Muhammed International Airport, Lagos, on Thursday morning. The Ministry of Federal Affairs announced this in a statement on Tuesday. According to a statement issued by Kimiebi Ebienfa, the Spokesperson for the ministry, the evacuees are to land at about 5:00 a.m. in a flight operated by Air Peace. The evacuation flight was initially scheduled for Monday but was later shifted to Wednesday due to what …

Oil climbs as US-Iran tensions flare again while stockpiles tighten

Singapore, June 10, 2026 – Oil prices climbed on Wednesday, moving away from a seven-week low touched in the previous ‌session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks. Brent futures rose 66 cents, or 0.7%, to $92.11 a barrel at 0406 GMT, while U.S. West Texas Intermediate crude crude climbed 60 ​cents, or 0.7%, to $88.80. The U.S. military struck Iranian targets after President Donald Trump vowed on Tuesday ​to respond to the downing of a U.S. …

Trump says US ‘must’ respond after Iran shot down US Army helicopter near Strait of Hormuz

Dubai, June 9, 2026 – President Donald Trump blamed Iran for shooting down a U.S. Army helicopter near the Strait of Hormuz on Tuesday and said the United States must respond to the attack. In the first known operation of its kind by the American military, a drone boat rescued the two aviators who were aboard the Apache attack helicopter when it went down near the critical shipping lane that Iran has effectively closed during its war with the U.S. and Israel. Trump said in a social media post that military officials …

DataPro Limited hosts 6th Webinar on International Credit Rating

Lagos, June 9, 2026 – DataPro Limited, Africa’s fastest growing credit rating agency, is hosting the 6th Webinar on International Rating on Oct. 8, 2026.  According to a statement issued by the company in Lagos, deliberations at this year’s edition will center on “Sovereign Credit Rating: Africa’s Roadmap to Investment-Grade Status.” It said the webinar, which would hold from 14:00 – 16:00 WAT, would be a critical dialogue on the structural reforms and policies required to support these aspirations. DataPro said Nigeria’s recent sovereign credit rating upgrade from B- to …

Shell identifies strategic pathways to advance gas utilisation at Abuja business forum

Lagos, June 9, 2029 – Shell Nigeria Gas (SNG) has been sharing its experiences as it pioneered gas distribution nearly 30 years ago. It said the expansion of pipeline natural gas infrastructure and the market‑making role of gas distributors have been critical in moving gas from a policy aspiration to a practical energy solution for Nigerian industries. “When SNG started in Agbara–Ota over 20 years ago, demand was nowhere near what it is today,” recalled Managing Director Ralph Gbobo at a panel session on “Building a Bankable Gas Distribution Ecosystem: Infrastructure, Capital …

Gold steady as traders weigh Israel-Iran ceasefire, inflation risks

Washington, June 9, 2026 – Gold prices were ‌steady on Tuesday as traders assessed a fragile ceasefire between Israel and Iran, with concerns over inflation and interest rate hikes also in focus. Spot gold was steady at $4,328.39 per ounce, as of ​0746 GMT. In the previous session, bullion touched its lowest ​point in more than two months. U.S. gold futures for August delivery ⁠were down 0.3% at $4,352.30. “Gold is trading muted, with traders sceptical about the ​durability of the Iran-Israel ceasefire and remaining cautious ahead of this week’s …

NLC, TUC threaten to embark on nation-wide strike

Geneva (Switzerland), June 9, 2026 – The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) on Monday threatened to embark on industrial action over worsening insecurity in the country. They issued the warning during a joint media briefing on the sidelines of the ongoing 114th International Labour Conference in Geneva, Switzerland. The unions said they would embark on a comprehensive strike if the federal government fails to stop worsening incidence of terrorism, banditry and kidnappings across the country. The labour unions dismissed claims by some state governors …

Oil falls as investors await clarity after Iran-Israel halt attacks

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 …

Union Bank backs Nigerian teachers as Maltina Teacher of the Year Competition marks 12th edition

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 …

SpaceX IPO well oversubscribed, orders close Wednesday

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 …


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