Iran War

Beyond the headline: What the US-Iran truce really means for Nigeria’s pocket

For more than three months, Nigerians have been living with the economic fallout of...

Finally, U.S. and Iran reach peace deal to end three-month war

The United States and Iran have reached a breakthrough agreement to halt their three-month-old...

UAE leaves OPEC, a hit on Nigeria and other oil producers

The United Arab Emirates said on Tuesday it was leaving the oil producers group...

Oil plunges 11% as Iran opens Strait of Hormuz

Oil prices tumbled sharply on Friday, falling about 11% after Iran signalled that shipping...

Global economy faces recession risk over Iran war, IMF warns

The global economy could slide toward recession if the ongoing US-Israel war with Iran...

Iran war may push 32 million into poverty with Africa among hardest hit

The economic fallout from the ongoing Iran war could push more than 32 million...

Oil jumps above $100 as U.S. blockades Iran

Oil prices surged above $100 a barrel on Monday after the United States ordered...

Oil slumps as U.S. and Iran agree on ceasefire

Global oil markets plunged sharply on Wednesday after a sudden geopolitical de-escalation between the...

As oil prices rise, South Africa intervenes while Nigeria holds back

South Africa has announced temporary fuel relief measures to cushion households and businesses from...

As fuel crisis bites harder, government response in Nigeria remains absent

A month after the outbreak of war in Iran, Nigerians are grappling with the...