Oil extends losses as stockpile rise amid weakening demand
Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was down 18 cents, or 0.5 per cent at $39.88 a barrel by 0337 GMT, after falling nearly two per cent on Thursday. U.S. crude dropped […]
Akwa Ibom @ 33 Celebrating Fulfillment of the Promise: HEALTHCARE
Akwa Ibom State has evolved into the preferred destination for business and health tourism in Nigeria. However, there are a few who still wonder if what they read about the development strides in the State really exist. Well, they need to visit the State to see for themselves as the saying goes, ‘seeing is believeing’. […]
Junta says Mali faces ‘total embargo’ from West African countries
The military junta that seized power in Mali last month said Wednesday that the country could face a “total embargo” from West African countries if it does not quickly appoint civilian leaders. The 15-nation Economic Community of West African States (ECOWAS) imposed sanctions on Mali after the August 18 coup in a bid to push […]
DPR generates N742.4bn revenue in 8 months
The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020. Mr Sarki Auwalu, Director, DPR made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. […]
Vaccine alone cannot defeat Coronavirus, UN chief warns
UN Secretary-General António Guterres has warned that vaccines alone cannot defeat the coronavirus (COVID-19) pandemic. Guterres gave the warning at a news conference in New York on Wednesday ahead of the UN General Assembly (UNGA) High-Level Week starting on Monday. “Many pin their hopes on a vaccine, but let’s be clear – there is no […]
Nigeria’s food crisis: Blame government failure, not ‘middlemen’
By Olu Fasan PRESIDENT Muhammadu Buhari came into office in 2015 vowing to make Nigeria self-sufficient in food production. His mantra was: “We will grow what we eat and eat what we grow.” Five years on, Nigeria faces a food crisis. But rather than take responsibility for the failure, he is playing the blame game! […]
