Wednesday, November 4, 2026
Oil climbs above $100 as Iran warns Strait of Hormuz will remain shut
Global oil markets rose into renewed turmoil Thursday after crude prices climbed above the $100 per barrel mark, driven by...
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Oil climbs toward $100 as tanker attacks heighten Middle East supply fears
Global oil prices rose on Thursday as escalating tensions in the Middle East and fresh attacks on fuel tankers intensified...
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Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive
Non-oil exports recorded a strong expansion in 2025, rising to N12.36 trillion between January and December, according to the latest...
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Oil falls as Trump signals possible end to Middle East war
Global oil markets retreated on Tuesday after comments from Donald Trump indicated that the war in the Middle East could...
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Hormuz tensions put 20% of global oil supply at risk
Escalating military tensions between the United States, Israel and Iran are rattling global energy markets, raising fears of supply disruptions...
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Record global cereal harvest offers relief for Nigeria’s grain import bill
A record-high global cereal production is expected to bring a period of relative stability to international food markets, potentially easing...
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Global food prices rise for first time in five months on cereal, oil gains
The global benchmark for food commodity prices recorded its first monthly increase in five months in February, driven by rising...
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Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices
Global gold prices extended their rally in February, climbing another five per cent during the month to reach about $5,222...
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Oil rally pauses as U.S. jobs data offsets Hormuz war risk
Global oil markets paused their rally on Wednesday, as stronger-than-expected U.S. labour market data counterbalanced mounting geopolitical risks stemming from...
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N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crisesÂ
Nigeria forfeited between N3.5 trillion and N5 trillion in economic value in 2025 due to post-harvest losses, a worrisome development...
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