Nigeria’s crude oil production remains above 1.5 million barrels per day for the third consecutive month, despite a decline in July.

In a significant development for Nigeria’s energy sector, the nation’s crude oil output has demonstrated remarkable resilience, remaining robustly above the 1.5 million barrels per day (bpd) threshold for a third consecutive month in July 2026. This sustained production level, a testament to the country’s enduring capacity, comes despite a marginal dip from the preceding…

Iran is reportedly preparing to join the BRICS Development Bank as it seeks new financial avenues.

In a significant development for international finance, Iran is poised to become a member of the New Development Bank (NDB), the prominent multilateral financial institution established by the BRICS bloc of nations. This announcement was made by Abdolnaser Hemmati, the Governor of Iran’s Central Bank, on Wednesday, August 12, 2026. Hemmati’s remarks, disseminated through Iranian…

Nigeria’s dollar millionaire count increased by 900, aided by a stronger naira.

In a significant turnaround for Nigeria’s economic landscape, the nation has witnessed its millionaire population swell for the first time since 2021, with projections indicating a reach of 8,100 individuals by 2026. This positive development saw Nigeria add approximately 900 individuals with a net worth of one million US dollars or more within a single…

MTN alerts subscribers about a fraudulent 25GB anniversary data giveaway.

MTN Nigeria has issued a crucial warning to its subscribers regarding the proliferation of fraudulent offers for a 25GB anniversary giveaway that are currently being circulated online. The telecommunications giant is urging its valued customers to exercise caution by exclusively utilizing its official communication channels to access details about this promotional offer. This advisory came…

Chennai beaches will soon offer 45 minutes of free daily Wi-Fi.

Chennai, August 9th – Residents and tourists flocking to some of Chennai’s most beloved coastal destinations are set to benefit from a significant upgrade in public amenities. The Greater Chennai Corporation (GCC) is spearheading an initiative to bolster digital connectivity by installing 107 state-of-the-art Wi-Fi-enabled smart poles along the city’s expansive coastline. This ambitious project…

Refueling an average UK car now costs £88 for petrol and £98 for diesel.

The ongoing geopolitical tensions between the United States and Iran have significantly destabilized global fuel markets, leading to a period of considerable volatility that is directly impacting the wallets of UK motorists. Recent analysis conducted by the RAC, a prominent automotive organization, reveals a stark increase in the cost of fuel at the pump. Specifically,…

Delta Revenue Service stands firm on banning roadblock revenue collection!

🚨 Attention Residents of Delta State! A Major Clampdown on Illegal Revenue Collection is Underway! 🚨 The Delta State Internal Revenue Service (DSIRS) has taken a bold and definitive stand against illegal roadblocks and unauthorized revenue collection on the state’s highways and roads. In a recent press release issued by the agency’s management, it was…