Oil Prices Surge as Iran Re-Closes Strait of Hormuz Amid Renewed Middle East Tensions
Global oil prices surged on Monday after Iran re-closed the strategic Strait of Hormuz, escalating tensions in the ongoing Middle ...
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Tag: #GlobalMarkets
IMF Downgrades Nigeria’s 2026 Growth Forecast to 4.1% Amid Middle East Conflict Impact
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast for 2026 to 4.1 per cent, citing disruptions linked ...
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Global Stocks Rise as Oil Slips on Trump Signal for Iran Talks
Global financial markets advanced on Monday after President Donald Trump signalled openness to resuming talks with Iran, boosting investor expectations ...
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Oil Surges Above $102 as Trump Orders Strait of Hormuz Blockade, Markets Tumble
Global financial markets fell sharply on Monday after US President Donald Trump ordered a blockade of the Strait of Hormuz, ...
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Oil Tops $100 as Iran Tensions Flare and Markets React to Collapsed US–Iran Talks
Global financial markets opened the week under pressure as oil futures surged back above $100 a barrel following the collapse ...
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Global Billionaires Add $265bn in One Day as Stock Markets Rally
The world’s richest individuals recorded one of the largest single-day wealth gains on Wednesday, adding a combined $265 billion to ...
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Unilever Nigeria Reviews Impact of Planned Global Foods Merger with McCormick
Unilever Nigeria Plc has disclosed a major global transaction involving its parent company, Unilever Plc, which plans to combine its ...
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Afreximbank Raises Over $800m from Global Markets Despite Rating Concerns
The African Export-Import Bank (Afreximbank) says it raised more than $800 million from international markets in 2025, despite concerns raised ...
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Global Stocks Fall, Oil Prices Rise as Doubts Grow Over US-Iran Ceasefire
Global stocks declined on Thursday while oil prices climbed after optimism surrounding the ceasefire between the United States and Iran ...
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Iran-US Temporary Ceasefire Sparks Global Oil Crash, Markets Rally
Nigerian crude oil, Bonny Light, fell below $95 per barrel on Wednesday, down from over $130, following an agreement between ...
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