energy crisis
Iran Says US Can No Longer Dictate Terms Amid Hormuz Negotiations
Iran has declared that the United States is no longer in a position to dictate policies to other nations, as Washington reviews Tehran’s...
Reps Approve N248.64bn Relief and 10 Year Debt Plan for Power DisCos
The House of Representatives Public Accounts Committee has approved a major financial relief package and long term restructuring plan worth N248.64bn for Kano...
Trump Extends Iran Strait of Hormuz Deadline Amid Ongoing War Talks
US President Donald Trump has extended the deadline for Iran to reopen the Strait of Hormuz by 10 days, now set for April...
Dangote Refinery Blames Global Crude Market for High Petrol Prices in Nigeria
Management of the Dangote Refinery has attributed the persistent high cost of petrol in Nigeria to global market forces, despite the country’s growing...
Petrol Price Fears Rise in Nigeria as Global Oil Surges on Middle East Tensions
Concerns are mounting across Nigeria over a possible increase in petrol prices as global crude oil markets react sharply to escalating tensions involving...
Middle East War Escalates as Israel Strikes Iran Amid Global Energy Crisis Fears
Tensions in the Middle East deepened on Monday as Israel launched a fresh wave of strikes on Iran, raising fears of a wider...
CPPE Urges Urgent Action as Rising Energy Costs Threaten Nigeria’s Economy
The Centre for the Promotion of Private Enterprise has called for immediate government intervention to cushion the impact of rising energy costs on...
Fuel Shortages and Rising Prices Strain Economies Worldwide
Fuel shortages and rapidly increasing prices are emerging across multiple regions as the ongoing Middle East conflict disrupts global energy supply chains. The...
Global Energy Shock Sends Ripples Through World Economy
The intensifying conflict in the Middle East has triggered a significant disruption in global energy markets, sending shockwaves through economies already grappling with...
Iran War Enters Second Week as Global Tensions and Energy Fears Intensify
The widening conflict involving Iran, Israel and the United States has entered its second week, increasing fears of a prolonged regional crisis that...
