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2 Vessels Cross Hormuz Amid War Tensions

Two commercial vessels have successfully passed through the Strait of Hormuz despite ongoing tensions in the Gulf, as Iran submitted its response to a United States proposal aimed at ending the war and reopening peace talks.
Iranian state media reported on Sunday that Tehran’s response was transmitted through Pakistan, which has been mediating between both sides.
According to Iranian state television, the response focused on ending hostilities “on all fronts”, particularly in Lebanon, and guaranteeing the safety of maritime traffic through the strategic waterway. The report, however, did not specify when or how the strait would fully reopen to international shipping.
The development came after Washington proposed halting the fighting before broader negotiations on contentious issues, including Iran’s nuclear programme. Reuters reports that there was no immediate reaction from the United States government.
The Strait of Hormuz, which previously handled about one-fifth of global oil supplies, has remained one of the most volatile flashpoints in the conflict, with Tehran restricting non-Iranian vessels from transiting the route.
Despite the tension, it was reported that the QatarEnergy-operated liquefied natural gas carrier, Al Kharaitiyat, safely crossed the strait and headed for Pakistan’s Port Qasim, according to shipping analytics firm Kpler.
The vessel became the first Qatari LNG carrier to transit the strait since the outbreak of the US-Israeli war with Iran on February 28.
Sources familiar with the arrangement said Iran approved the shipment to help ease Pakistan’s worsening electricity shortages caused by disrupted gas imports and to build confidence with both Qatar and Pakistan, which have been involved in mediation efforts.
Also on Sunday, Iran’s semi-official Tasnim news agency reported that a Panama-flagged bulk carrier bound for Brazil passed through the strait using a designated route approved by Iranian armed forces after an earlier failed attempt on May 4.
The passage of the vessels came amid continuing regional security threats.
Meanwhile, as tensions persist around the strategic waterway, Britain announced that it was deploying HMS Dragon, one of the Royal Navy’s six Type 45 destroyers, to the Middle East ahead of a possible multinational mission to protect shipping in the Strait of Hormuz.
According to the UK Ministry of Defence, the warship would “pre-position” in the region for a “potential role” in a future “strictly defensive and independent” operation.
BBC reports that British Prime Minister Keir Starmer, who is championing the proposed mission alongside French President Emmanuel Macron, said the operation would only proceed after active fighting in the region ends.
The deployment comes after months of disruption in the strait, which Iran has been controlling in retaliation for attacks by the US and Israel.
HMS Dragon, designed for anti-aircraft and anti-missile warfare, recently operated in the eastern Mediterranean, where it was tasked with protecting British air bases in Cyprus following a drone attack near RAF Akrotiri in March.
The UK Ministry of Defence said the latest deployment formed “part of prudent planning” and would allow the warship to contribute immediately to any future multinational maritime security mission.
The ministry added that the mission “provides the UK Armed Forces with additional options for the defensive multinational Hormuz mission”.
Last month, representatives from 51 countries reportedly met to discuss securing commercial shipping through the strait, with Britain and France leading discussions on a coordinated response.
Meanwhile, US President Donald Trump is facing growing pressure to end the conflict ahead of a planned visit to China this week, amid mounting fears that the war could deepen the global energy crisis and further destabilise the world economy.
Qatari Prime Minister Mohammed bin Abdulrahman al-Thani reportedly told Iranian Foreign Minister Abbas Araqchi that using the Strait of Hormuz as a “pressure tool” would worsen the crisis.
According to Qatar’s foreign ministry, the prime minister stressed during a telephone conversation that “freedom of navigation should not be compromised.” Over the weekend, oil prices hovered around $100 per barrel, according to reports by Oilprice.com.
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Delta flight to Lagos turns back to Atlanta mid-air over operational issue

A Delta Air Lines long-haul service operating from the United States to Nigeria was forced to turn back mid-journey after spending several hours in the air, following what the airline described as an operational issue.
Flight DL54, which was scheduled to operate from Hartsfield–Jackson Atlanta International Airport to Lagos, departed Atlanta at about 5:42 p.m. EDT on May 9 aboard an Airbus A330-200 (registration N854W).
According to flight tracking data, the aircraft climbed to a cruising altitude of approximately 33,000 feet and maintained a normal eastbound route for roughly three and a half hours before the crew made the decision to reverse course.A Delta Air Lines long-haul service operating from the United States to Nigeria was forced to turn back mid-journey after spending several hours in the air, following what the airline described as an operational issue.
Flight DL54, which was scheduled to operate from Hartsfield–Jackson Atlanta International Airport to Lagos, departed Atlanta at about 5:42 p.m. EDT on May 9 aboard an Airbus A330-200 (registration N854W).
According to flight tracking data, the aircraft climbed to a cruising altitude of approximately 33,000 feet and maintained a normal eastbound route for roughly three and a half hours before the crew made the decision to reverse course.
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Govt lauds FirstBank, APDC on entrepreneurship skills

The Federal Government has called on Nigerians to embrace skills acquisition and vocational empowerment, commending First Bank of Nigeria Limited (FirstBank) for its sustained investment in youth- and women-focused capacity development initiatives across the country.
The Federal Government explained through Ministry of Women Affairs and Social Development, alongside key stakeholders in the education, financial and development sectors.
Speaking at the graduation ceremony of 50 women from a vocational and entrepreneurship training programme sponsored by FirstBank Nigeria Limited in partnership with the African Projects Development Centre (APDC) in Gwagwalada, Abuja, a representative of the Minister of Women Affairs and Social Development, Saratu Salawu, said skill acquisition is a critical tool for tackling unemployment, poverty and economic inequality in the country.
She also urged the graduates to make productive use of the skills acquired. “Do not sit back and wait for someone to arrange a job for you. It is important to have something meaningful you can do for yourself and your community,” she said.
Also, Mrs Nkechi Mathew, who represented the pioneer Mandate Secretary of the Women Affairs Secretariat of the Federal Capital Territory Administration, Adedayo Benjamins-Laniyi, described the graduation as proof that Nigerian women are prepared to contribute meaningfully to economic development.
Salawu, Mathew, as well as other guests and participants, commended the “You First Fashionistas Training Programme” by FirstBank and APDC, which was launched to equip participants with practical skills in fashion design, hair styling and makeup artistry as part of efforts to tackle youth unemployment and encourage entrepreneurship in Nigeria’s expanding creative and beauty industries. The training began on September 16, 2025, and will run until December 18, 2026, culminating in a grand fashion fair in 2027.
According to FirstBank, the initiative is capable of boosting economic growth by equipping beneficiaries with practical skills that enable them to create products, earn income and improve their livelihoods. The bank said participants had already begun producing clothes and other creative items for commercial purposes, adding that the programme was designed to move women into the active economy through income-generating skills in fashion, hair styling and makeup artistry.
The bank urged the graduates to become job creators rather than job seekers.
FirstBank added that the partnership with APDC aims to empower 200 women within one year through four cohorts of 50 participants each, describing the initiative as part of its commitment to sustainable economic empowerment and impactful corporate social responsibility.
Also speaking at the graduation ceremony, APDC Managing Director, Chiji Ojukwu, said the organisation established its vocational and entrepreneurship programmes to tackle rising youth and women unemployment in Nigeria.
He disclosed that APDC had trained about 10,000 youths in various sectors over the past eight years, with its fashion and beauty programme alone benefiting nearly 500 women across nine cohorts. Ojukwu said the initiative was designed to help beneficiaries become self-reliant business owners and employers, while revealing plans for a fashion fair to showcase trainees’ products and services to investors and customers.
He also noted that APDC, which began with agricultural training, now runs about 15 empowerment programmes and has received support from financial institutions, including FirstBank, as part of broader youth empowerment efforts.
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NGX Regulation Limited (NGX RegCo) secures N500m restitution for shareholders

NGX Regulation Limited (NGX RegCo) has successfully facilitated recoveries exceeding N500m for shareholders following the resolution of various complaints involving market operators.
The independent regulatory arm of the Nigerian Exchange Group recently achieved a major breakthrough by securing the restitution of N326.85m to a single investor over an unauthorised share transaction reported in 2025.
This resolution, which NGX RegCo achieved within a defined and disciplined timeframe, underscores a structured approach to addressing legacy issues, including unauthorised trades, reconciliation of disputed proceeds, and account discrepancies.
The success of these interventions is attributed to enhanced market oversight, including strengthened surveillance systems and the rollout of direct cash settlement mechanisms designed to prevent the misappropriation of funds.
Commenting on the development, NGX RegCo CEO, Olufemi Shobanjo, emphasised that these recoveries are the result of a purposeful regulatory framework.
“These outcomes reflect our intentional approach to strengthening market integrity and investor protection,” Shobanjo stated.
He further noted that the impact of these actions extends beyond simple financial recovery, saying, “Beyond the recoveries, they demonstrate the effectiveness of our oversight framework and our commitment to ensuring that all market participants operate within a fair, transparent, and equitable system.”
Looking toward the future of the Nigerian capital market, Shobanjo reaffirmed the organisation’s long-term objectives. “As we continue to enhance our regulatory processes, our focus remains on sustaining confidence and supporting the long-term growth of Nigeria’s capital market,” he stated.
Affected investors have responded with widespread approval, frequently commending the professionalism and transparency demonstrated throughout the resolution process. Many shareholders noted that the diligence shown by the regulator has significantly strengthened their confidence in the fairness and credibility of the market, effectively reinforcing the integrity of the broader financial ecosystem.
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