Agency Report U.S. President Donald Trump on Tuesday abruptly announced a two-week cease-fire with Iran—on the condition that it reopen the Strait of Hormuz—just hours after raising alarm bells worldwide with a threat to wipe out Iran’s civilization. Though Iran has agreed to the truce, the warring parties offered conflicting accounts on the terms. Israel is also reportedly part of the cease-fire agreement and will halt bombing targets in Iran as negotiations take place over the next 14 days, although Israel has yet to officially confirm that. The Israeli Consulate in New York City did not immediately respond to…
Author: Orientalnews Staff
Yemisi Izuora Government of Nigeria has been asked to design new methods that will encourage enhanced saving culture following the oil revenue windfall opportunities provided by the ongoing Middle East crises. The World Bank which gave the advise, called for key policy responses for the country in the face of the ongoing conflict in the Middle East, including fiscal discipline, rebuilding fiscal buffers, and saving from the oil windfall for the rainy day. Since the war broke out oil prices have risen to above $100 per barrel, higher than Nigeria’s budgeted benchmark price of $64.85. In its April 2026…
Joyce Onwuka Pernod Ricard Nigeria, has reaffirmed its commitment to gender equity and inclusion, reinforcing its position as a champion of women in leadership and a convener of meaningful conversations at the intersection of culture and business. The company recently convened its Women’s Network, an intimate and thought-provoking gathering under the theme “Women Who Raise the Bar,” spotlighting women as cultural architects shaping business, creativity, leadership, and community. According to Pernod Ricard Nigeria’s Managing Director, Michael Ehindero, the women’s programme was anchored in this year’s International Women’s Day theme “Give to Gain, “and it explored how women influence culture…
Yemisi Izuora The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the fourth edition of its Quarterly Book Reading Programme, featuring renownedleadership expert and former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA, Dr. Dakuku Peterside. The book reading session will hold on Wednesday, April 15, 2026, at the Nigerian Content Tower, Yenagoa, Bayelsa State. The programme is part of NCDMB’s sustained effort to promote literacy, critical thinking, and knowledge exchange through structured engagement with leading Nigerian authors and thought leaders. Since its start in August 2014, the book reading series has served…
Joseph Bakare A strong Japan–Nigeria development partnership in agriculture will take center stage at a high -level stakeholder workshop where the Federal Ministry of Agriculture and Food Security, the Ministry of Livestock Development, Japanese government representatives, and several state governors will converge in Abuja on Thursday, April 9, 2026. The event, convened by the Sasakawa Africa Association (SAA) Nigeria, is expected to bring together a rare mix of policy leadership, diplomatic actors, and subnational governments at a time when Nigeria is under pressure to scale practical solutions to food insecurity, low productivity, and climate stress in agriculture. Holding…
Uche Cecil Izuora Sahara Group, has announced the opening of applications for its #SaharaBeyondXXX Graduate Management Trainee (GMT) Programme, an accelerated talent pathway designed to identify and develop the next generation of leaders who will drive the company’s continuing transformation. The #SaharaBeyondXXX GMT Programme is targeted at high potential young professionals who are ready to move quickly from learning to responsibility, playing active roles across Sahara’s integrated energy value chain spanning upstream, midstream, downstream, power, and technology businesses. The programme is anchored on Sahara’s Beyond XXX vision, which marks the company’s 30 year milestone and signals…
Yemisi Izuora The Deputy Secretary-General of the United Nations, Amina Mohammed, has underscored the strategic importance of Dangote Industries Limited -particularly Dangote Fertiliser Limited—in addressing Africa’s mounting food security challenges, while calling for stronger global partnerships to scale its impact. Speaking during a visit to the company’s industrial complex in Ibeju-Lekki, Lagos, Mohammed said the United Nations would prioritise amplifying scalable solutions capable of mitigating the continent’s food crisis, describing Dangote’s integrated industrial model as a critical pathway. “I think the UN’s job here is to amplify and to put visibility on the possibilities of mitigating…
Uche Cecil Izuora Nigeria is expected to heighten demand and investment opportunities through highlighting critical fiscal reforms that has already changed the country’s oil and gas landscape. These reforms would be part of key presentations expected Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), at the Invest in African Energy (IAE) Forum in Paris next month. His participation comes as Nigeria’s oil sector gains fresh traction, with a steady pipeline of investments, reforms and project activity reshaping the country’s outlook and opening new avenues for international capital. In 2025 alone, the country secured 28 new field development plans…
Yemisi Izuora The Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impact of the ongoing Gulf crisis. The deal aims to counter the severe economic shocks triggered by the escalating conflict in the Middle East on the continent. The conflict, which escalated on 28 February 2026, has sent shockwaves through the global economy, with African and Caribbean economies bearing the brunt of the impact. Given the significance of the Gulf region as a primary global source of…
Yemisi Izuora The African Export-Import Bank (Afreximbank), is expected to influence major energy development cooperation among African countries after organisers confirmed the Bank as a Partner of African Energy Week (AEW) 2026, taking place October 12–16 in Cape Town. Its participation underscores the event’s role as a premier investment platform, positioning the bank at the center of deal-making across oil, gas, power and energy infrastructure. Ahead of AEW, Afreximbank has expanded its global footprint by raising its financing cap for the Caribbean Community (CARICOM) to $5 billion. The increase builds on more than $750 million already deployed and a…