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OPEC+ deal: Nigeria eyes $2.8bn from output cut, slashes oil production

By Michael Eboh Minister of State for Petroleum Resources, Chief Timipre Sylva, yesterday, disclosed that Nigeria has agreed to join in the agreement by member and non-member countries of the Organisation of Petroleum Exporting Countries (OPEC), also known as OPEC+, to cut global crude oil output by between 10 million barrels and six million barrels […]

COVID-19: Edo govt stocks food banks, sets to distribute relief materials

The Edo State Government has said it has concluded plans to commence distribution of relief packages to vulnerable persons in the state to cushion the effects of the stay-at-home directives to prevent the spread of coronavirus (COVID-19) in the state. Addressing journalists at the Edo State Food Bank, in Benin City, Chairman, Edo Development and […]

EFCC blasts US Senator over attempt to block $320m Abacha loot

Says Sen Grassley’s claim of Magu’s detention of Buhari’s critics unfounded and baseless Soni Daniel The attempt by a United States lawmaker to block the return of $320 million Abacha loot to Nigeria has been resisted by the Economic and Financial Crimes Commission (EFCC). The commission said on Friday in a statement that the allegation […]

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