Business

MAN urges FG to guarantee steady crude supply

  • 10th May 2026

Crude supply to local refineries hits 58.8m barrels

  • 10th May 2026

17 Americans, others evacuated from cruise ship after

  • 9th May 2026
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

  • 9th May 2026

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MAN urges FG to guarantee steady crude supply for

Business

US crude imports from Nigeria fall 15% in Q1

featured Oil and Gas

US-Iran war may raise condom prices in Nigeria —

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Crude supply to local refineries hits 58.8m barrels

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Tag: United States

featured Oil and Gas

US crude imports from Nigeria fall 15% in Q1

The United States spent $578.78m on crude oil imports from Nigeria in the first quarter of 2026, down from $681.40m in the corresponding period of 2025, according to data from the United States Census Bureau and the Bureau of Economic Analysis. The latest figures, contained in the agencies’ March 2026 international trade report, show that […]

US court jails Nigerian hacker for $2.5m identity theft
Scams

Nigerian faces 20-year jail term for US casino fraud

A Nigerian man, Kenneth Godwin, is at risk of a 20-year imprisonment following his indictment in a wire and computer-related fraud scheme targeting a casino business in South Dakota, United States of America. The indictment was announced by the US District Attorney, Ron Parsons, on Thursday. Parsons disclosed that a federal grand jury indicted Godwin […]

United States Flag attached to a building
featured Finance

US moves to cut Nigeria aid over ‘attack on Christians’

The United States government is moving to place stricter conditions on financial assistance to Nigeria with the House Committee on Appropriations recommending a 50 per cent cut in aid and developmental assistance to the Federal Government over escalating insecurity and religious violence across the country. If passed into law, the National Security, Department of State, […]

featured Finance

US dollar weakens as Middle East tensions ease slightly

The United States dollar weakened on Monday as shifting geopolitical signals from the Middle East tempered safe-haven demand ahead of a series of key central bank meetings expected later this week. The movement reflects a cautious market mood shaped by uncertainty around global growth, oil supply risks, and monetary policy direction in advanced economies. Reuters […]

News

Iran refuses to reopen Strait of Hormuz amid US naval blockade

Iran has officially vowed not to reopen the Strait of Hormuz for as long as a United States naval blockade remains active. This defiance persisted into Thursday despite an extension of the ceasefire, with the Gulf nation announcing it had seized two ships attempting to navigate the strategic waterway. United States Central Command reported late […]

News

Trump extends Iran ceasefire amid ongoing diplomatic negotiations

United States President Donald Trump has announced an extension of the ceasefire with Iran beyond its initial two-week timeline, stating that the truce will remain in place until negotiations are concluded and a formal proposal is submitted by the Iranian government. Trump disclosed this in a post on Truth Social on Tuesday, explaining that the […]

Oil and Gas

China denies US claim over seized Iran-bound vessel

China on Wednesday firmly denied claims that a vessel intercepted by the United States was carrying a “gift” from Beijing to Iran, pushing back against allegations made by United States President Donald Trump a day earlier. Trump had alleged that an Iranian-flagged ship seized by US forces in the Gulf of Oman on Sunday contained […]

MT praisel vessel was not carrying stolen petroleum — Navy
Maritime

NIMASA intensifies efforts to remove US entry ban on vessels

The Nigerian Maritime Administration and Safety Agency has stepped up efforts to address lingering port security gaps and secure the removal of entry restrictions on Nigerian-bound vessels, as it deepens collaboration with the United States Coast Guard. This comes as a USCG delegation, led by the Chief of International Port Security Operations, Mr. Bryan Ullmer, […]

Opinion

China slams US Hormuz blockade as ‘dangerous, irresponsible’

China accused the United States on Tuesday of “dangerous and irresponsible” behaviour over its blockade of Iranian ports, with President Xi Jinping vowing Beijing would play a “constructive role” in promoting peace in the Middle East. US President Donald Trump has threatened to sink ships entering or leaving Iranian ports and coastal areas in the […]

Travel

Insecurity: US orders non-essential staff evacuation from Abuja embassy

The United States Department of State has directed non-essential staff and family members to depart the U.S. Embassy in Abuja, citing worsening security conditions across Nigeria. In a travel advisory issued Wednesday, the department urged Americans to reconsider travel to Nigeria beginning April 8, 2026, due to crime, terrorism, kidnapping, civil unrest, and limited healthcare […]

featured News

Iran accuses US of breaching ceasefire deal

Iran has accused the United States of violating a fragile ceasefire agreement, even as Donald Trump maintains that the truce remains intact amid rising tensions across the Middle East. Fresh explosions were reported across key Gulf states, while conflicting claims emerged over the status of the strategically vital Strait of Hormuz, with Tehran declaring it […]

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