Oil prices hit fresh 12-year low, trade below $28 per barrel

OIL futures traded below $28 a barrel on Wednesday, dragged down by a fresh slide in the global financial markets and continued concerns about the glut of crude. Fears about an economic slowdown in China, the world’s second biggest economy, have rattled financial markets at the start of the year and added to the bearish sentiment on the oil market.
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NNPC shuts down Kaduna, Port Harcourt refineries over pipeline vandalism

The Nigerian National Petroleum Corporation (NNPC), Wednesday, said it had shut two refineries in the southern city of Port Harcourt and Kaduna in the north because sabotage to crude pipelines. The plants were shut on Sunday because of “breaches” to the Bonny-Okrika supply line to Port Harcourt and the Escravos-Warri pipeline to Kaduna, the company said in an emailed statement.

Botswana to host Innovation Prize for Africa

The African Innovation Foundation (AIF) in a joint collaborative effort with the Government of Botswana (GoB) represented by the Ministry of Infrastructure, Science and Technology and the Botswana Innovation Hub (BIH) today announced that the next Innovation Prize for Africa (IPA) (http://www.InnovationPrizeforAfrica.org) event will be held in Gaborone, Botswana in June 2016. The decision to host IPA in Botswana received the highest endorsement from H.E. President Lieutenant General Seretse Khama Ian Khama, the President of Botswana.

Toyin Saraki seeks end to preventable stillbirths

The Founder-President of the Wellbeing Foundation Africa (WBFA), Mrs. Toyin Saraki, has called for stillbirths to be taken out of the shadows of healthcare – removing the cultural stigmas that have made it an invisible death and an invisible grief for mothers suffering the devastating loss of their children. She disclosed this during the global launch of the Lancet ‘Ending Preventable Stillbirths’ Series that took place at the London School of Hygiene and Tropical Medicine on Tuesday,

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