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By Godwin Oritse Shipping companies, freight forwarders and other port users have raised concerns over the potential impact of the ongoing crisis in the Middle East on cargo throughput into Nigerian ports. They warned that the situation could also worsen Nigeria’s inflation if the conflict in the region persists. Speaking with Vanguard on the development, Chairman […] The post Middle East Crisis: Nigeria, West Africa risk losing shipping lines to European markets appeared first on Vanguard News.

Attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel on Thursday, as American and Israeli strikes pounded Iran with no sign of an end to the war in sight

By Elizabeth Adegbesan The Federal Government’s spending on debt service payments fell year-on-year (YoY) by 38.5 percent to $405.3 million in January 2026 from N659.7 million in the corresponding period of 2025. Analysis of data contained in the Central Bank of Nigeria’s, CBN, International Payment report showed that the downward trend also reflected in the federal […] The post FG’s spending on domestic debt service falls 38% to $405.3m appeared first on Vanguard News.

By Cynthia Alo The Group Managing Director of Access Bank Plc, Mr.Roosevelt Ogbonna, has called on African policymakers, financiers and businesses to deepen collaboration in order to accelerate intra-African trade and unlock the continent’s economic potentials. Ogbonna made the call yesterday while welcoming participants to the Africa Trade Conference (ATC) 2026 in Cape Town, South Africa, […] The post Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD appeared first on Vanguard News.

•Urges operators of factories abroad to consider local manufacturing By Yinka Kolawole The Minister of Industry, Trade and Investment, Jumoke Oduwole, has said traders operating within the Lagos International Trade Fair Complex corridor contribute billions of naira to Nigeria’s Gross Domestic Product (GDP), describing the axis as one of the most vibrant commercial hubs in West […] The post Lagos Trade Fair traders contribute billions to Nigeria’s GDP — Minister appeared first on Vanguard News.

By Elizabeth Adegbesan Net foreign exchange (Forex) inflow into the Nigerian economy fell by 18.3 per cent, year-on-year (YoY), to $61.29 billion in the eleven months ended November 2025 (11M’25), from $69.61 billion recorded in the corresponding period of 2024. This was as a result of  a 25.2 percent and 3.5 percent decline in inflows through […] The post Net foreign exchange inflow falls 18% to $61.3bn appeared first on Vanguard News.

Mr Tuggar made the remarks in a recent interview with Reuters. The post Middle East conflict shows Nigeria can help diversify global oil supply — Tuggar appeared first on Premium Times Nigeria.

Countries belonging to the International Energy Agency have agreed to release 400 million barrels of emergency oil reserves to stabilise global markets amid supply disruptions caused by the escalating Middle East war. The post Countries agree on historic release of crude reserves to lower oil prices appeared first on Premium Times Nigeria.

Soldiers were deployed on the streets of South Africa’s biggest city on Wednesday after the president announced plans last month to use the army to help police fight gang violence and illegal mining.

A former holding company of Israeli billionaire Dan Gertler is paying $30 billion to settle a Dutch corruption investigation over mining deals in the Democratic Republic of Congo.