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TotalEnergies to invest $6bn in Nigeria's Deepwater

TotalEnergies Q1 pre-tax profit jumps 70% to ₦1.9bn

  • 2nd May 2026

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Abia to launch electric transport system July — Otti

Abia to clear 20-year gratuity backlog with N10bn

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Tag: United States

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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 […]

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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 […]

featured Oil and Gas

Iran opens Hormuz Strait after two-week ceasefire deal with US

Iranian Foreign Minister Abbas Araghchi has announced that safe passage through the Strait of Hormuz would be possible for two weeks, coordinated with Iran’s armed forces “and with due consideration of technical limitations.” The development follows U.S. President Donald Trump’s condition that the waterway be reopened as part of a ceasefire, coupled with his warning […]

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