RCBU -News Updates

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Opinion | A Friday Economic Panic Attack

Are a bad jobs report and rising oil prices signals of trouble ahead?

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Trump Leaves Venezuela’s Machado Behind as She Lobbies...

The U.S. embrace of Delcy Rodríguez to lead her country leaves an opposition leader scrambling for leverage in Washington and her...

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Opinion | Hezbollah Pays for Doing Iran’s Bidding

Proxies that join the war make themselves legitimate targets.

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Opinion | The Trump Revolution Faces an Iran Test

Time for the professionals if the U.S. foreign policy redirection is to become a lasting legacy.

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Opinion | Is Iran on the Brink of Another Revolution?

The regime faces a crisis like never before, historian Ali M. Ansari explains, and the nation has an 120-year tradition of fighting...

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U.S. Likely Hit Girls’ School Attached to Iranian...

A military investigation hasn’t definitively concluded that American forces caused what appears to be the deadliest strike of the...

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Opinion | Germany’s AfD Ditches Trump Over Iran

Anti-Americanism is in the far-right party’s DNA. The idea of an alignment with MAGA was folly.

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Kuwait Cuts Oil Production as Fallout From Iran Conflict...

The cuts signal a broader storage crisis that poses new risks to the global market.

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Opinion | Our Trade With China Has Helped Americans

Tens of millions of U.S. households gained from lower prices for shoes, clothing and other household necessities.

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Google’s Rush to Get 1,000 of Its People Out of Dubai...

The glut of stranded staff was a notable example of outsize evacuations by large companies from Gulf states.

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Hungary Seizes Ukrainian Bank Staff, $80 Million in...

The move follows a dispute over oil deliveries and prompted Kyiv to accuse Hungary of hostage-taking.

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Switzerland to Buy Fewer U.S.-Made F-35 Fighter Jets,...

The move comes after Spain abandoned plans to buy dozens of the fighter jets.

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The Trillions of Dollars of U.S. Investment at Stake...

A Dubai billionaire’s critical post on X highlights how turmoil in the region stands to upset an increasingly profound economic relationship...

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The Iran War Is Hitting Gulf Markets, Lifting Israel...

The conflict has upended long-held assumptions in Gulf markets, pushing investors to factor in new dangers.

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Large-Scale Attacks Intensify Tensions in Middle East

Israel has struck several sports venues and other sites in Tehran

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U.S. Looks to Tap Venezuela’s Lawless Mineral Frontier

Interior Secretary Doug Burgum urges American firms to tap gold and critical mineral reserves, as the U.S. re-establishes diplomatic...

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Tehran Is Fighting With Jets That Date Back to the...

Held together with scrounged parts and ingenuity, Iran’s aging jets are falling in dogfights.

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U.A.E. Explores Freezing Iranian Assets to Punish...

Any crackdown on Iran’s shadow financing networks in the Gulf state would strangle Tehran’s access to foreign currency and global...

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Its Missile Threat Degraded, Iran Is Taking Fewer...

As Tehran’s ability to fight back with its most powerful weapons is weakened, it is widening the war with low-cost drone attacks.

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U.S. Has a Big Ask for China: Buy Less Oil from Russia,...

Treasury Secretary Scott Bessent weighs pushing the tricky trade-off along with other economic goals prior to the Trump-Xi summit.

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For the First Time, U.S. Sides With Russia and China...

Washington opposed a resolution backed by many of its allies over the danger posed by attacks on Kyiv’s nuclear energy.

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Senior Canada Trade Official Set for Washington Visit...

Dominic LeBlanc told a Toronto audience last week that he expected to speak in the coming days with the U.S. Trade Representative...

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King Charles Has Renounced His Brother. Is It Enough...

The investigation into Andrew Mountbatten-Windsor comes at a shaky moment for the British royal family, and for the king himself.

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Korea Warns That Prolonged Middle East Conflict Could...

Prolonged geopolitical tensions in the Middle East could disrupt South Korea’s chip industry, a top South Korean politician has warned.

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Iran’s Underground ‘Missile Cities’ Have Become One...

The bunkers, built to shield Iran’s vast missile arsenal from destruction, have become prime targets in the war.

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China Signals New Era of Slower Economic Growth

China set a historically low growth target of 4.5% to 5%, suggesting that the world’s second-largest economy is entering an era of...

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The Billionaire Whose Ships Are Braving Missiles in...

George Prokopiou made one of the boldest plays of his 55-year tanker career: sending ships through the Strait of Hormuz while war...

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Vincorion Plans Frankfurt Listing as European Defense...

The defense and aviation supplier expects the IPO to be completed by the first half of 2026, and said it is well-positioned to tap...

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Length of Middle East Conflict to Determine Impact...

The economic impact of the Middle East conflict on Asia will largely depend on how long it drags on, the chief economist of the Asian...

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Southeast Asia Governments on Alert for Economic Impact...

Governments the region are taking steps to limit the fallout from the conflict in the Middle East, keeping an eye on the impact of...

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Ecuador Deepens U.S. Military Alliance to Fight Drugs

The small Andean country is the latest front in Washington’s expanded campaign against Latin American drug traffickers, with the launch...

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Petrol price to hit N1,050

Dangote Refinery increases its gantry price to N995/litre, pushing the retail petrol price towards N1,050 across Nigeria due to market...

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Emirates returns to Lagos route after airspace disruptions

Emirates has announced the resumption of its Dubai-Lagos flight operations after suspending them due to widespread airspace disruptions...

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Kwara boy, 15, kills guardian after failed poisoning...

A 15-year-old boy in Ilorin, Kwara State, was arrested for allegedly killing his guardian with household items after a failed attempt...

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Latest developments on war in Middle East

Get the latest updates on the Middle East war, including US-Iran tensions, Israeli strikes, Saudi Arabia attacks, and the impact on...

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Oloko relishes training with idol Nnadozie

Abia Angels goalkeeper Fatima Oloko relishes her maiden Super Falcons call-up, describing it as a dream come true to train alongside...

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I was Barca fan until I suffered heartbreak – Mayor...

Content creator Mayor Frosh discusses his career, why he stopped supporting Barcelona, Nollywood’s growth, and his thoughts on the...

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APC’s 30 govs can’t intimidate me from presidential...

Peter Obi confirms his 2027 presidential poll bid, stating he won’t be intimidated by APC’s 30 governors and vows to contest for a...

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Minister hails resolution of OPL 245 dispute

Nigeria resolves the prolonged OPL 245 dispute, a move the petroleum minister says is a major boost to investor confidence in the...

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30 banks meet recapitalisation target

The Central Bank of Nigeria (CBN) reports that 30 lenders have met the new minimum capital requirements under the ongoing bank recapitalisation...

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ADC kicks as President posts 65 ambassadors

President Tinubu approves 65 new Nigerian ambassador postings. Learn about the key appointments, the ADC’s criticism, and reactions...

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US-Iran war: Nigerians lose millions in dashed Umrah...

Nigerian Umrah pilgrims face huge financial losses as the US-Iran war forces flight cancellations, disrupting their sacred journey...

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2027: Four ministers to quit Tinubu’s cabinet

At least four ministers in President Bola Tinubu’s cabinet are reportedly planning to resign to pursue governorship ambitions ahead...

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Troops kill terrorists, foil Borno base attack

Nigerian troops of Operation Hadin Kai successfully repelled a coordinated Borno base attack, neutralizing several terrorists and...

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Police arrest two over murder of Ebonyi monarch

Police in Ebonyi State confirm the arrest of nine suspects connected to the abduction and murder of monarch Francis Igwe, the father...

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NSCDC nabs two suspected bandits in Kwara

The NSCDC has arrested two suspected bandits in Kwara State following an intelligence-driven operation. A pistol, phone, and drugs...

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UNILAG restores SUG after nine-year suspension, elects...

The University of Lagos (UNILAG) has restored its Students’ Union Government (SUG) after a nine-year suspension, electing new leaders...

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One killed as rival cult groups clash in Kwara

A violent Kwara cult clash at the popular Oja-Oba Market in Ilorin leaves one man dead, sparking panic among traders and residents...

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C’River slashes ticket charges for drivers, restricts...

Cross River State’s governor has reduced transport ticket charges for commercial drivers, slashed traffic fines by 50%, and restricted...

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Canadian PM backs ex-prince Andrew’s removal from...

Canadian PM Mark Carney says Prince Andrew should be removed from the royal line of succession over his ‘deplorable’ behaviour and...

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Tornadoes kill four, injure 12 in Michigan

Severe Michigan tornadoes struck Branch and Cass counties, killing four people and injuring over a dozen. Emergency services are responding...

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