THE Federal Executive Council, FEC, yesterday, revised the 2020 Budget from N10. 594 trillion signed into law by President Muhammadu Buhari to N10. 523 trillion.

The collapse in oil prices linked to the coronavirus crisis has seen Nigeria’s revenues from crude dry up and left Africa’s largest economy more threatened than ever by its dependence on black gold. The crude market may have rebounded in recent days to more than $30 a barrel, but the future remains bleak for the […]

U.S. federal authorities on Wednesday warned that China-linked hackers were targeting U.S. research organisations to steal data on vaccines and treatments for the new coronavirus. The FBI and Cybersecurity and Infrastructure Security Agency (CISA) said health care, pharmaceutical and research institutions working on a pandemic response should all be aware they were the prime targets […]

The Police Command in Akwa Ibom has arrested a medical doctor and six others over alleged sale of a five-month-old baby. The command’s Public Relations Officer, CSP Fredrick Nnudam, made the disclosure in a statement on Wednesday in Uyo, Unudam said that the doctor was an employee of one of the teaching hospitals in Calabar. […]

The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 2020.