Middle East Tensions Drive Oil Prices Up, Impact Nigerian Economy
Rising tensions and conflict in the Middle East, particularly concerning Iran, have led to a significant increase in global oil prices. This surge has impacted Nigeria's economy, with airlines narrowly averting a shutdown and petrol marketers capitalizing on the price hike.
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Government hikes jet fuel prices by 5% for international airlines
Government has raised Aviation Turbine Fuel prices for international airlines by 5.33%, marking the second consecutive monthly increase due to the global energy crisis. This adjustment means foreign carriers will now pay market-linked rates for ATF. Domestic airlines, however, will continue to see moderated prices, with no change in their rates.
By TOI BUSINESS DESK
Read full article →Donald Trump Says Iran Blockade Incredible' as Oil Prices Keep Rising
Oil prices across parts of the US are also rising sharply, with the national average at fresh highs and retail gasoline in California soaring above $6 a gallon.
Read full article →2027: Ex-senator declares interest in returning to NASS, purchases N20m APC forms
Tolu Odebiyi says his return bid is driven by the strategic need to sustain ongoing development in Ogun West. The post 2027: Ex-senator declares interest in returning to NASS, purchases N20m APC forms appeared first on Premium Times Nigeria.
By Abdulqudus Ogundapo
Read full article →Govt hikes soybean oil prices - The Daily Star
Govt hikes soybean oil prices The Daily Star
Read full article →Obidients back NLC on higher minimum wage
The Obidient Movement urges the FG to approve the NLC’s demand for a higher minimum wage, citing rising inflation and economic hardship for Nigerian worker Read More: https://punchng.com/obidients-back-nlc-on-higher-minimum-wage/
By Punch Newspapers
Read full article →May Day: Electricity workers face daily threats as system crumbles, Labour laments
Nigerian electricity workers have raised alarm over worsening insecurity, deepening poverty, and what they describe as a collapsing power sector that is pushing them to the brink. The post May Day: Electricity workers face daily threats as system crumbles, Labour laments appeared first on Vanguard News.
By Nwafor
Read full article →‘Why your papa no hustle’ – Davido blasts T-Dot for calling him daddy’s boy
Singer T-Dot has joined the ongoing social media feud between Davido and Wizkid’s disc jockey, DJ Tunez, significantly escalating it.
By Abubakar Ibrahim
Read full article →Coverage Timeline
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