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Iran says deal to end Mideast war ‘declaration of US defeat’

Tehran, June 24, 2025 – Iran called the deal it struck to end the Middle East war “a declaration of America’s defeat” on Wednesday, as the top US diplomat kicked off a tour of Gulf countries hit hardest by Tehran. The war that began with a massive US-Israeli campaign of strikes against Iran on February 28 ended with the Islamic republic striking an agreement its leaders have sought to portray as a victory. The conflict sowed chaos in the region, with Tehran retaliating against its foes by blockading a key …

SpaceX’s wild ride is just getting started

New York, June 24,2026 – SpaceX’s stock extended its wild ride on Tuesday, briefly falling below its first-day opening price ​before rebounding on an otherwise weak day for the tech sector – sharpening Wall Street’s focus on the shifting balance between buyers and sellers of the volatile ‌shares. Shares of Elon Musk’s rockets-and-AI firm have surged as much as 67% since they started trading on June 12 and fallen 35% from there. But those swings don’t represent a fundamental shift in investors’ views on SpaceX’s prospects and valuation, analysts said, given …

Terrorism Financing: U.S. sanctions a Nigerian, 3 Bureau de Change companies

Lagos, June 24, 2026 – The United States has sanctioned a Nigerian and three Bureau de Change companies based in Nigeria for allegedly financing the Islamic State West Africa Province (ISWAP). With the sanctions, all property and interests belonging to the designated persons and entities under U.S. jurisdiction have been blocked, while American citizens and companies are prohibited from conducting transactions with them. Tommy Pigot, the Spokesman for the US State Department, announced this in a statement. The statement said the Nigeria-based individual was among three individuals and six entities …

FG issues new import permits to petroleum marketers

Abuja, June 24, 2026 – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued new import permits to some operators covering the July-to-September period. The permits were issued to allow selected marketers to bring in petrol and diesel amid concerns over supply adequacy noticed in some parts of the country. According to sources, the beneficiaries include AA Rano, AYM Shafa, Bono, Matrix, Nipco and Pinnacle which received permits to import Premium Motor Spirit (PMS), while AA Rano, AYM Shafa, Bono, Matrix and Pinnacle are to import Automotive Gas …

SEC halts promotion of Dangote Refinery’s purported IPO

Abuja, June 26, 2026 – The Securities and Exchange Commission in Nigeria (SEC) has directed operators to stop promoting and advertising a proposed Initial Public Offering (IPO) by the Dangote Refinery. The NSE gave the directive on Tuesday in a public notice, stressing that no such application had been filed with or approved by SEC. It said it was aware of advertisements, flyers, digital banners, and electronic mails circulating on social media and investment platforms regarding a proposed public offering by the refinery. SEC, however said: “No application for the …

Naira exchanges at N1,370 to dollar at official market Tuesday

Lagos, June 24, 2026 – The Nigerian currency, Naira, stood at N1,370.6373 to the dollar at the official foreign exchange market on Tuesday. The currency had depreciated at the market on Tuesday from N1,370.6373 to the dollar on Monday. Bid rates quoted by dealers in the market on Tuesday ranged from N1,370.6373 to N1,365.5000 to the dollar. Meanwhile, the naira is being traded at the black market between N1,385 and N1,405 to the dollar.

Oil extends slide on expectations of smoother crude flows via Hormuz

Singapore, June 24, 2026 – Oil prices fell on Wednesday, extending this week’s losses to trade ​near four-month lows on signs that more stranded oil tankers are set to move ‌out of the Strait of Hormuz. Brent crude futures fell 72 cents, or 0.9%, to $76.36 a barrel by 0645 GMT. U.S. West Texas Intermediate slipped by 61 cents, or 0.8%, to $72.60. Both benchmarks settled around 1% down on Tuesday, touching their lowest ​since early March. “Positive signals from the Persian Gulf are fuelling optimism about oil flows through …

Fidelity Bank empowers exporters to unlock AfCFTA opportunities with EMP 19

Lagos, June 23, 2026 – Fidelity Bank Plc has reaffirmed its commitment to supporting Nigeria’s economic diversification agenda through capacity building and export development, as it hosted the 19th edition of its Export Management Programme (EMP) at the Lagos Business School (LBS), Ajah, Lagos recently. Tagged EMP 19, the programme is an intense hands-on export management workshop, organized as a partnership between Fidelity Bank, Lagos Business School and Nigerian Export Promotion Council, brought together entrepreneurs, professionals, regulators and aspiring exporters for intensive training designed to equip participants with the knowledge, …

Trump says Iran agreed to nuclear inspections into ‘infinity’, Tehran denies US claims

 Dubai, June 23, 2026 – U.S. President Donald Trump said on Tuesday Iran had agreed to nuclear inspections into “infinity”, despite Tehran’s denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States. Washington agreed to waive sanctions on Iran for 60 days from Monday after the first round of talks under a nascent peace deal ‌agreed last week on ending more than three months of war. U.S. Vice President JD Vance said the talks with Iranian officials in the Swiss mountain resort of …

Trump Gets Negative Reviews Internationally as Fewer Say U.S. Is a Reliable Partner

36-country survey finds declining ratings for the U.S. amid rising concerns about its foreign policy and the health of its democracy Washington, June 23, 2026 – A new report from Pew Research Center released on Tuesday highlights views the United States and President Donald Trump, and the role of the role the U.S. plays in the world. Findings from this report are based on a survey of 42,151 people across 36 countries from Feb. 8 to May 13, 2026. In every nation surveyed, most or all interviews took place after …


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