Oil prices might have stabilized only temporarily because the global oil glut is worsening and U.S. production shows no sign of slowing, the International Energy Agency said on Friday. The West’s energy watchdog said the United States may soon run out of spare capacity to store crude, which would put additional downward pressure on prices.

Nigerian banks lost a total of N199 billion to electronic related fraud between 2000 and 2014, mostly due to inappropriate and reckless management of customers’ data.

PORT HARCOURT—ASSISTANT Inspector- General of Police, AIG, Zone 6, Mr Tunde Ogunsakin, has ordered that members of a special unit of the Police in Rivers State, code named C4I, should no longer be deployed to provide security at political rallies in the state.

The Nigerian Institute of Management, NIM, has emphasised the need for the Federal Government, as well as other policy makers to focus on increasing the capacity of the Nigerian economy in generating employment while also repositioning the country’s educational system in line with the demands of growth and development.

Flying Eagles skipper Musa Muhammed said Cote d’Ivoire players begged him to throw away his second-half penalty in Saturday’s final AYC Group A match in Mbour.

OSOGBO—hoodlums suspected to be hired political thugs, weekend, in Ilase, Obokun Local Government Area of Osun State, attacked the convoy of Governor Rauf Aregbesola while on campaign tour of the area.

Enyimba defeated Smouha 1-0 in Aba on Sunday in the CAF Champions league first round first leg match.

As the devastating war in Syria entered its fifth year Sunday, the US said it would have to negotiate with Syrian President Bashar al-Assad as it aims to “reignite” new peace talks.

ABEOKUTA—A Federal High Court sitting in Abeokuta, Ogun State, has dismissed a suit filed by former Commissioner for Information and Strategy in the state, Mr. Sina Kawonise, declaring that it lacks juridiction to declare him as the governorship candidate of the Labour Party in the April 11, 2015 poll in the state.

Kano-based politician and All Progressives Congress, APC, governorship aspirant in Kogi State, AbdulAziz Omeiza Aliyu, his younger brother, Salmanu Adeiza Aliyu, have lost their lives in a road crash at Jere town, along Kaduna-Abuja federal highway.

It was a bloody Sunday in Benue State after suspected Fulani herdsmen allegedly slaughtered over 90 persons, including women and children, at Egba village in Agatu Local Government Area of the state.

AHEAD of the March 28 presidential election, Dame Patience Jonathan has promised that if President Goodluck Jonathan is re-elected, he will increase the 35 percent Women Affirmative Action to 45 percent to enable women contribute their quota to national development.

With less than two weeks to the March 28 presidential and national assembly elections, an overnight fire on Saturday gutted the warehouse of the Independent National Electoral Commission (INEC) located at its Electoral Institute on Abuja Airport road.

The President of Nigerian Stock Exchange, NSE , Mr. Aigboje Aig-Imoukhuede, has disclosed that quoted companies on the Exchange pay not less than N1 trillion as taxes to the government.

The six winners of the Sterling Bank Gunners Promo who emerged at the fourth Gunners Promo held at the weekend will have the opportunity of an all-expense paid trip to watch the home match involving Arsenal Football Club and Chelsea on April 26, 2015. Disclosing this to newsmen after the fourth draw of the promo held over the weekend at the Bank’s corporate head office, Sterling Towers, the Bank’s Group Head, Strategy & Communications, Mr. Shina Atilola said this was in line with the promise made by the Bank at the commencement of the Promo last year.