News & Updates

Security

Africa exposed to Middle East war – Experts

Africa hosts military bases within reach of Iranian missiles and is feeling the impact of rising oil prices and threats to shipping, as the continent again suffers from events largely beyond its control.

business

Crude-backed loans gulped N8.36tn of 2025 revenue

About 14.66 per cent of Nigeria’s crude oil production in 2025 was likely committed to servicing crude-backed loan facilities, based on estimates derived from disclosures in the Nigerian National Petroleum Company Limited’s 2024 financial statements and official production data.