The US launched retaliatory strikes against Iran after an attack killed American troops. Tensions escalate in the US Iran conflict over the Strait of Hormu
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned newly awarded holders of Petroleum Prospecting Licences (PPLs) to commence development of their assets without delay or risk forfeiting the licences under the "drill or drop" provisions of the Petroleum Industry Act (PIA).
The US House of Representatives has approved measures to freeze all aid to Nigeria, citing concerns over Christian persecution and the government's failure
The country’s net external reserves, which stood at about $3 billion, when the current management of the Central Bank of Nigeria (CBN) assumed office in October 2023, have now risen above $40 billion, the apex bank Governor, Olayemi Cardoso, has said.