US to Keep Seized Venezuelan Oil, Trump Warns Maduro
US President Donald Trump confirms the US will retain crude oil and tankers seized near Venezuela, intensifying pressure on President Nicolás Maduro. Read the latest on the escalating crisis.
Category : Search result: Strategic Petroleum Reserve
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
Asian Markets Rally on US Rate Cut Hopes, AI Worries Subside
Asian stock markets climbed Monday as US data fueled expectations for 2026 interest rate cuts. Tech stocks led gains while gold hit a record high. Get the full market analysis.
China's Rare Earths Mining Boom in Jiangxi Province
Explore how China's secretive rare earth mining in Jiangxi fuels global tech and defense, shaping trade wars and forcing EU and US to seek alternatives. Discover the strategic power buried in red soil.
Fed's Williams Sees No Urgency for Further Rate Cuts
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
US Inflation Cools Unexpectedly in November
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
Asian Markets Retreat on US Jobs Data, Tech Worries
Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.
Reps Panel Pushes for Fuel Supply Sufficiency, Downstream Efficiency
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
Shettima: Tinubu Committed to NIPSS Course 47 Report
Vice President Kashim Shettima reaffirms President Tinubu's commitment to implement the NIPSS SEC 47 report on Blue Economy. Read the full details from the graduation ceremony in Kuru.
Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Divided US Fed Faces Contentious Rate Decision
The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.
US Inflation Data Shows Consumer Strain Before Holidays
Fresh US inflation data reveals a 2.8% rise in September, putting pressure on consumers as the festive season peaks. The Fed faces a key rate decision amid mixed economic signals. Read the full analysis.
Asian markets cautious ahead of US data, Fed rate call
Asian markets closed the week with mixed results as investors await key US inflation data and the Federal Reserve's interest rate decision next week. Get the latest market analysis and figures.
United Nigeria Airlines Announces Job Vacancies: Apply Now
United Nigeria Airlines (UNA) has announced job openings for three strategic roles in Lagos. Learn about the positions, requirements, and steps to apply before the closing date.
Olaopa's 5-Year Plan Aims to Reform Civil Service
FCSC Chairman Prof. Tunji Olaopa urges state commissions to adopt a new strategic plan for merit-based recruitment and digital transformation to build a $1 trillion economy.
Asian Markets Struggle to Hold Fed-Inspired Rally
Asian markets lost early gains despite strong Fed rate cut bets. Tokyo rose, but Hong Kong, Shanghai, and Seoul fell. Get the latest on global market volatility.
US Hiring Data Points to Economic Weakness, Rate Cut Expected
Surprise US job losses in November, led by small businesses, signal economic weakness and raise expectations for a Federal Reserve interest rate cut. Get the full analysis.
Indian rupee hits record low past 90 per dollar
India's rupee falls to a historic low beyond 90 against the US dollar, driven by foreign outflows and stalled US trade talks. Analysts see a new market-aligned approach from the central bank. Read more for the full analysis.
Asian Markets Up Ahead of US Jobs, Inflation Data
Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.
Why Rare Earth Metals Are Crucial for Tech and Energy
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
Trump Eyes Economic Adviser Hassett for Fed Chair Role
President Donald Trump suggests Kevin Hassett could be his pick for Federal Reserve Chairman. Get the full details on this potential nomination and its implications.
Asian Markets Rise as US Rate Cut Bets Ease Japan Bond Fears
Asian stocks climbed Tuesday as weak US data fueled Fed rate cut optimism, offsetting concerns over rising Japanese bond yields. Samsung Electronics surged over 2% on its new triple-fold phone launch.
Asian markets mixed ahead of key US data, Fed decision
Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.
Asian markets pause as investors eye Fed rate cuts
Asian markets took a breather after a strong rally, with focus on upcoming US economic data and the high probability of a December interest rate cut by the Federal Reserve.
Asian stocks rally on rising US rate cut bets
Asian markets climbed as traders bet on a December Fed rate cut. The rally extended Wall Street gains, boosting assets like Bitcoin. Read the full market analysis.
Nasarawa's N517.5bn 2026 Budget Aims for Development
Governor Abdullahi Sule presents a N517.5 billion 2026 budget to the Nasarawa State Assembly. Focused on infrastructure and job creation, the 'Budget of Strategic Consolidation' promises growth.
Fintech Growth Demands Strategic Partnerships
Fintech sector growth is unsustainable without strategic partnerships with banks, regulators, and tech providers. Learn how collaborations drive financial inclusion and innovation in Nigeria.
Asian Stocks Extend Rally as Fed Rate Cut Hopes Grow
Asian markets continue global rally as weak US data fuels Federal Reserve rate cut expectations. Trump's potential Fed pick Kevin Hassett adds to investor optimism. Tokyo and Seoul lead gains.
China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
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