Author: admin

Iran on Saturday announced the exemption of “brotherly Iraq” from limitations imposed in relation to passage through the Strait of Hormuz. “The restrictions apply only to hostile countries,” the Khatam al-Anbiya Central Headquarters of the Iranian Armed Forces emphasized in a statement. The blockade of the Hormuz Strait and the escalating tensions in the Persian Gulf have caused oil prices to trade near four-year highs as 15-20 million barrels of daily oil production are affected. As of April 5, WTI Crude has hit $111 per barrel, while Brent Crude is trading above $109. Analysts have projected $150–$200 per barrel by…

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Former Super Eagles midfielder John Mikel Obi has delivered a blunt assessment of Liam Rosenior after Chelsea’s defeat at Brighton & Hove Albion on Tuesday, Soccernet.ng reports. The West London club parted ways with Enzo Maresca on New Year’s Day and appointed Rosenior from sister club Strasbourg, …Read More

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With over N1.3 trillion in annual internally generated revenue (IGR), Lagos State now funds about 60 percent of its budget from internal sources, Governor Babajide Sanwo-Olu has said. Sanwo-Olu made this known while receiving members of the Joint Revenue Board, led by Zacch Adedeji, who also serves as chairman of the National Revenue Service (NRS…Read More

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