Capital Market

Nearly 20% of global LNG supply trapped by Strait of Hormuz vulnerability — Report

Nearly a fifth of the world’s liquefied natural gas (LNG) trade faces severe operational risk, with the global market lacking sufficient spare capacity to replace shipments passing through the corridor. According to a joint report titled Global LNG Market Security, published by the International Energy Forum and the Japan Organization for Metals and Energy Security, ...

Business Direct

Lagos, California forge Sister-State partnership to drive tech, entertainment growth

Lagos State and the State of California have entered into a historic sister-state partnership aimed at expanding bilateral collaboration across technology, creative arts, trade, and climate resilience. The bilateral pact was formalized at a ceremony held at the Leland Stanford Mansion in Sacramento, where Lagos State Governor Babajide Sanwo-Olu and California Assemblyman Matt Haney signed ...

Energy

We can’t fix prices of petroleum products — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it lacks the authority to determine the pump price of petrol, moving to clear the air following the recent increase in Premium Motor Spirit (PMS) prices. The Authority explained that the Petroleum Industry Act 2021 dictates that wholesale and retail prices of petroleum ...

Crime

Police warn against planned protest in Osun

The Osun State Police Command has warned against a planned protest allegedly linked to a group identified as the "Congress of Cultists," reportedly associated with the Neo-Black Movement, also known as Black Axe. The Command, in a statement issued on Sunday by Police Public Relations Officer DSP Abiodun Ojelabi, stated that it would not allow ...

Energy

Over 120,000 vehicles converted to CNG — Tinubu reveals

News

AEDC, Rep. Bamidele Salaam confirm participation in NewsDirect 16th Anniversary Awards

News

Atiku reacts, as Tinubu skips UNGA for third year running despite Ibrahim’s promise

Business

Alawuba seeks to deepen Nigeria-Brazil trade, investment ties

Politics

APC challenges Atiku to explain legal, fiscal basis of petrol subsidy plan

News

Ooni begins seven-day seclusion ahead of Olojo festival

Judiciary

NBA seeks FG intervention on Secretariat road, drainage

Politics

2027: SERAP sues INEC over failure to disclose political donation limits, party finances

News

Awujale stool: Fusengbuwa/Jadiara ruling house elects new Olori-ebi, demands fresh selection

News

NBA demands independent probe of death of 37 persons in Minna NSCDC custody

Maritime

FG secures £746 facility to modernise Apapa, Tin-Can ports

News

Trade surplus: Positive signal boost for Nigeria’s economy –experts

Politics

APC’s Kallamu wins Gombe/Kwami /Funakaye Federal Constituency by-election

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