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Coal miners are poised to benefit from a rising coal price as a result of the Iran war, says Bloomberg Intelligence. Analysts at the market research firm say if the Iran war disrupts liquefied natural gas (LNG) supplies for several more weeks, coal prices could rise to between $165/t and $185/t. […]
A global cobalt shortage is expected to persist through the end of this decade as export restrictions from top producer, Democratic Republic of Congo impact the supply chain, according to trading house Darton Commodities. Shipments of the battery metal from Congo slid last year after the government first banned exports in February and […]
By 𝔸bdulrazak Tomiwa The 2024 Global Terrorism Index ranks Nigeria fourth globally among countries most impacted by terrorism. This shift highlights the Sahel region of Sub-Saharan Africa as the world’s new epicenter for extremist violence. The report marks a significant geographical move of terror activity away from the Middle East. The Sahel […]
By 𝔸bdulrazak Tomiwa The Kwara and Cross River state governments have directed civil servants and political appointees seeking elective offices in 2027 to resign. Kwara’s directive, issued via a circular from the Head of Service, cites INEC’s revised timetable and constitutional provisions as the basis for this mandate. The order applies to […]
By 𝔸bdulrazak Tomiwa The United Nations has reported that 4.9 million children died before the age of five in 2024, including 2.3 million newborns. While child mortality has decreased significantly since 2000, progress has slowed by 60 percent since 2015. This stall indicates that global efforts to save young lives are losing momentum. […]
By 𝔸bdulrazak Tomiwa Vice President Kashim Shettima visited the University of Maiduguri Teaching Hospital to sympathize with victims of Monday’s multiple explosions. He reassured survivors that the Federal Government remains resolute in its commitment to decisively confront the perpetrators and end terrorism. Accompanied by Borno’s Deputy Governor, Usman Kadafur, and NEMA Director-General, Zubaida […]
By 𝔸bdulrazak Tomiwa President Bola Tinubu has asserted that Nigerian banks are now globally competitive, possessing the fundamentals necessary to facilitate international capital. Speaking at the opening of Zenith Bank UK’s Manchester branch, he highlighted that these institutions have matured into reliable pillars for both domestic and foreign investment. He described the […]
By 𝔸bdulrazak Tomiwa The Nigeria Sovereign Investment Authority (NSIA) and UK-based Asset Green Ltd have signed a $496 million MoU for a massive integrated dairy platform. This London-signed agreement aims to modernize Nigeria’s agricultural sector and significantly reduce its heavy reliance on imported dairy products. The project involves 20,000 hectares of land […]
The Yobe State Police Command has cautioned the public against raising false alarms and sharing unverified information, warning that such actions can trigger panic and jeopardize lives. In a statement on Wednesday, the Police Public Relations Officer, Dungus Abdulkarim, highlighted recent incidents at prayer venues where false alarms caused disorder among worshippers. “The consequences of […]
A recent column has criticised the actions of some high-profile Igbo socialites involved in Seyi Tinubu’s City Boy Movement, which has recently expanded into the South-East. Figures such as Obi Cubana that the City Boy representatives were carefully selected to work with President Bola Tinubu and argued that it is unrealistic to expect business figures […]
